Nike, Boston Beer, Disney and more

Check out the companies making headlines in midday trading. Nike – Shares of Nike fell 7% even after the company topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter. Nike said it anticipates flat to slightly higher revenue for its fiscal first-quarter versus the prior year, and low double-digit revenue for the full … Read more

Amazon, FedEx, Snowflake, Tesla, Micron

Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs downgrades Boston Beer to sell from neutral Goldman said in its downgrade of the beer and beverage company that the outlook for hard seltzer is “deteriorating.” The firm also upgraded Molson Coors to neutral from sell and said it sees a better risk / reward. … Read more

5 things to know before the stock market opens Tuesday, June 28

Here are the most important news items that investors need to start their trading day: 1. Stocks attempt to rebound Traders work on the floor of the New York Stock Exchange. SNEEZE Futures rose Tuesday morning after stocks’ attempt to keep a rally going fizzled Monday. Investors are still weighing the risks of supercharged inflation … Read more

Nike, Spirit Airlines and more

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) … Read more

Stock index futures inch higher following a losing day Monday

Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching. Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%. The overnight action followed modest losses … Read more

Pros say these stocks have stabilized

Market Movers rounds up the best trades from investors and analysts on CNBC throughout the day. The major indexes traded flat Monday after capping off last week with a rare strong finish. The pros said they are looking to the tech sector for their next moves. Nike, which reported earnings after the market closed, is … Read more

Nike (NKE) earnings Q4 2022 earnings

Nike Air Jordan shoes are seen in the store in Krakow, Poland on August 26, 2021. Jakub Porzycki | Nurphoto | Getty Images Nike on Monday topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter, as the sneaker giant overcame a Covid lockdown in China and tougher climate for consumers in the US … Read more

Consumers grow stressed as retailers gear up for back-to-school shopping

Every other week, beginning in May, Morning Consult polls consumers about back-to-school spending plans. The results of its latest survey were startling. There was a 10-point pop from the prior poll in the number of parents who say they can’t afford backpacks, notebooks, new jeans and sneakers, and other supplies. “The drop in the number … Read more

Companies forced to weigh in on privacy, health care

Pro-choice activists are seen outside the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series of … Read more

Nike, La-Z-Boy, Altria Group, Coinbase, Dow & more

People walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Check out the companies making headlines in midday trading Wednesday. Nike – Shares of the athleticwear retailer fell more than 3% after Seaport downgraded the stock to neutral from … Read more