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November investor D-day beckons for Nike after sales guidance cut and share price plunge

Q4 revenue shy of expectationsFull year 2025 outlook loweredNorth America and digital sales disappointNike (NKE:NYSE) continues to look flat footed after warning investors to expect its slowest sales growth since 2010, barring the pandemic. Out of hours trading data shows the stock plunging nearly 14% to around $80, not half 2021's near-$180 dollar peaks. It may be the world's biggest sportswear c

Hedge funds finished gorging on chips, leaden footed Nike fails to get ‘Air’ | Wall Street Week

Investors have been playing a waiting game this week with all eyes on today's (28 Jun) US personal consumption price index, a key input in the Federal Reserve's 'data-driven' model which will tell it when it's safe to cut interest rates.A May figure of 2.6% or lower, against April's 2.8% print, and the market will be off to the races, although as Fed chair Jay Powell has said many times before we

Alliance Investment Trust and Witan £5 billion merger grabs investor attention, FTSE 100 opens higher

European equities opened higher on Wednesday, after US tech shares, including chipmaker and artificial intelligence titan Nvidia, returned to form overnight.In London, investors had a host of corporate updates to sink into, including bullish earnings from pandemic winners AO World and ProCook. A merger agreement between Witan Investment Trust and Alliance Trust also grabbed some of the spotlight.T
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