Jordan is driving Nike’s resale volume growth: buy NKE stock?
Nike’s (NKE) Jordan brand is gaining ground among sneaker resellers, offering an “encouraging” signal for a business still struggling to regain its footing.
Economy
Economy
Strategy stock (MSTR) falls as MSCI index exclusion threatens passive investments
Strategy (formerly known as MicroStrategy) stock (MSTR) fell on Friday as investors assessed the potential removal of the Bitcoin treasury company from MSCI’s
Economy
Apple shares rise after iPhone Duo pre-orders sell out within minutes
Apple AAPL shares edged higher after the company’s first foldable smartphone, the iPhone Duo, sold out shortly after preorders opened on Friday. At
Economy
Prediction Markets are betting on a Tesla, SpaceX merger in 2027
Traders are increasingly betting that billionaire Elon Musk’s Tesla and SpaceX will merge by early 2027, bringing fresh momentum to one of Wall
Economy
Why TSMC’s $64B spending plan shouldn’t deter investors
Taiwan Semiconductor (TSM) plans to spend as much as $64 billion on capital expenditure (capex) this year, a commitment that could understandably make
Economy
Micron, SK Hynix continue slump: can they stage a comeback
Micron Technology, SanDisk and SK Hynix stocks continued to fall on Thursday as concerns about Chinese memory-chip competition and a broader artificial intelligence
Economy
Why Tesla is falling ahead of Roadster sports car launch?
Tesla TSLA shares fell close to 2% on Thursday, extending their losing streak to four sessions as a broader technology sell-off and speculation
Economy
Why is Microsoft stock rising today amid AI selloff
Microsoft shares rose on Thursday as five Wall Street firms raised their price targets, citing demand for its Azure cloud platform and growing
Economy
ServiceNow stock rises 6% as investors rotate to enterprise software stocks
ServiceNow shares NOW rose 6.2% in trading on Thursday after TD Cowen raised its price target on the enterprise software company to $165
Economy
Evening digest: Anthropic revenue growth slows, US PPI rises
Anthropic reported third-quarter revenue of $16.8 billion as growth slowed from the previous quarter, raising questions about its planned IPO valuation. US wholesale