Wells Fargo Upgrades Nike to Overweight as Outlook Brightens
Wells Fargo upgrades Nike (NKE) to Overweight with a new $75 price target, citing improving sales, margins, and innovation momentum.
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Flutter Slashes Profit Forecast Amid Customer Winning Streaks, Launches FanDuel Predicts
Flutter Entertainment cuts 2025 profit outlook to $2.9B as gamblers' winning streaks hit payouts. Company launches FanDuel Predicts app to tap prediction markets opportunity.
JD.com Beats Q3 Revenue Forecasts Despite Profit Plunge on New Business Investments
JD.com's (JD) Q3 revenue surged 15% to $42B, surpassing estimates with Singles Day success and 700M active users, though net income dropped 55% amid aggressive expansion into food delivery.
On Holding Raises 2025 Forecast After Strong Q3 Performance
On Holding (ONON) boosts annual revenue forecast to $3.7B after Q3 sales beat expectations, driven by strong demand in Europe and Asia despite price increases.
Citigroup Doubles Rivian Stake to New Record in Q3 2025
Citigroup doubled its Rivian stake to 8.54M shares ($125M value) in Q3 2025, reaching a four-year record.
Paramount Earnings Show Streaming Gains, Plans Job Cuts
Paramount's (PSKY) Q3 earnings show streaming growth offset by TV decline post-Skydance merger. Company targets $3B in cost savings with 2,000 layoffs while pursuing Warner Bros. Discovery acquisition.