Nike shares slide as earnings miss on revenue and restructuring brings 2027 layoffs
Nike posted a mixed fiscal first quarter on Thursday and announced a restructuring plan, dubbed Pace, that will bring layoffs…
Stock News
Latest stock market news — earnings reports, S&P 500, Nasdaq, major tech stocks and global equities. Expert analysis updated throughout the trading day.
Nike Beats Q1 Profit Estimates but Warns Fiscal 2027 Revenue Will Fall
Nike beat Wall Street's profit estimate for its fiscal first quarter but warned that fiscal 2027 revenue will fall by…
Mattel shares jump 25% after report of Authentic Brands takeover interest
Mattel shares jumped after the Wall Street Journal reported that Authentic Brands Group approached the toy maker about a takeover…
Warren Buffett Steps Down as Berkshire Hathaway Chairman, Hands Role to Son Howard
Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway, about nine months after handing the CEO role to…
SK Hynix’s $26.5 billion Nasdaq listing tops Alibaba’s US IPO record
SK Hynix raised $26.51 billion in its US listing of American depositary receipts, topping Alibaba's 2014 record for the largest…
