Nike Shares Plunge as China Struggles and Converse Sales Collapse
Nike shares fell after the company warned sales will drop this quarter, hurt by weak demand in China and at Converse. Revenue is expected to dip slightly.
/ 1477 items
#BUZZ↓
Defense Tech & Space: KeyBanc Bullish on Sector Leaders While Redwire Scores Major Contract
KeyBanc initiates coverage on AVAV and KTOS with bullish ratings. Redwire lands docking systems contract for European spacecraft Nyx, stock jumps.
WhiteFiber Lands Major AI Data Center Deal Worth $865M
WhiteFiber secures 10-year, $865M colocation agreement with Nscale for 40MW AI infrastructure at NC-1 campus in North Carolina.
KB Home Reports Challenging Q4 Amid Tough Housing Market
KB Home's (KBH) Q4 2025 earnings show reduced profits and home deliveries as affordability concerns and high mortgage rates impact the housing market.
KeyBanc Starts Coverage on Intuitive Machines With Bullish Outlook
KeyBanc initiates coverage of Intuitive Machines with an Overweight rating and a $20 price target, citing strong lunar growth opportunities.
Nike Shows Mixed Progress in Q2 as Turnaround Continues
Nike beats revenue expectations with $12.4B in Q2 sales but faces challenges in China and Converse. Stock drops 5% despite turnaround progress under CEO Elliott Hill.