Nike Stock Crashes After Gloomy Sales Warning for 2026
Nike shares tumbled after the company warned of declining sales in 2026 due to weak demand in China, Europe, and high inventory levels. CEO Elliott Hill’s turnaround faces major challenges.
Nike shares tumbled after the company warned of declining sales in 2026 due to weak demand in China, Europe, and high inventory levels. CEO Elliott Hill’s turnaround faces major challenges.
Allbirds has signed a deal to sell its brand and assets to American Exchange Group for just $39 million. The once-$4 billion eco-sneaker company will dissolve after the sale closes in Q2 2026.
Cisco suffered a cyberattack after hackers used stolen credentials from the Trivy supply chain attack to steal source code from over 300 GitHub repositories, including AI products and customer code from banks and US government agencies.
AIRO reported Q4 2025 revenue of $48.3M (up YoY) but missed Wall Street forecasts. 2026 guidance calls for 15-25% growth backed by $150M drone backlog.
ImmunityBio strengthens its balance sheet with $100 million financing, including $75M non-dilutive funding from Oberland Capital and $25M debt conversion.
Constellation Energy tumbled after its 2026 earnings guidance missed Wall Street forecasts and it failed to announce any new AI data-center power deals.