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.
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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.
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.
CarMax Shares Slide as Used Car Sales Slow and Carvana Gains Ground
CarMax shares drop sharply after weak used car sales, shrinking profits, and rising pressure from fast-growing rival Carvana.
Birkenstock Warns of Slower Growth as Tariffs and Dollar Weigh on Margins
Birkenstock forecasts reduced profit margins and slower sales growth for FY2026, citing US tariff pressures and unfavorable currency headwinds despite strong Q4 performance.
Baird Turns Bullish on Rivian as R2 Launch Nears
Baird upgrades Rivian stock to Outperform, raises its price target to $25, and highlights the R2 launch and autonomy progress as key growth drivers.