This company is a leading global sportswear brand that designs, develops, and markets a wide range of athletic footwear, apparel, and equipment. It is known for its innovative products, high-quality materials, and cutting-edge technology, catering to athletes and fitness enthusiasts across various sports and activities. The brand also emphasizes sustainability and community engagement, often collaborating with athletes, designers, and organizations to promote a healthy lifestyle and social responsibility. Through its extensive retail network and online platforms, the company aims to inspire and empower individuals to pursue their athletic goals. Read More
Shares of athletic apparel brand Nike (NYSE:NKE)
jumped 6.9% in the afternoon session after the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains.
In a bold response to the rollback of DEI initiatives and the persistent revenue gap facing minority-owned businesses, business strategist and former Fortune 500 consultant Greg Winston announces the release of a groundbreaking new book: From Hustle to Empire! The Minority Business Owner’s Path to Wealth, available now in paperback and eBook.
Contract logistics company GXO (NYSE:GXO) announced better-than-expected revenue in Q1 CY2025, with sales up 21.2% year on year to $2.98 billion. On the other hand, next quarter’s revenue guidance of $2.97 billion was less impressive, coming in 2.6% below analysts’ estimates. Its non-GAAP profit of $0.29 per share was 14.5% above analysts’ consensus estimates.
The Dow Jones (^DJI) is made up of 30 of the most established and influential companies in the market.
But even blue-chip stocks can struggle - some are dealing with slowing growth, outdated business models, or increasing competition.
Nike Inc. (NYSE:NKE) sees leadership changes as Heidi O'Neill retires after 26 years. New CEO Elliott Hill restructures leadership to align with Nike's "Win Now" strategy. Despite the overhaul, analysts expect ongoing challenges, cutting the price target to $70.
NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth.
