Nike to cut more jobs, consolidate regions after forecasting steep revenue drop
Nike will cut more jobs and consolidate its four geographic regions into three, after forecasting a steeper-than-expected revenue drop for…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Prediction Markets Hit $68 Billion in a Month as Sportsbook Stocks Hit Multi-Year Lows
Sports prediction markets processed $68.2 billion in notional volume over 30 days as college and NFL football returned, a jump…
Nike shares slide as earnings miss on revenue and restructuring brings 2027 layoffs
Nike posted a mixed fiscal first quarter on Thursday and announced a restructuring plan, dubbed Pace, that will bring layoffs…
Nike Beats Q1 Profit Estimates but Warns Fiscal 2027 Revenue Will Fall
Nike beat Wall Street's profit estimate for its fiscal first quarter but warned that fiscal 2027 revenue will fall by…
Mattel shares jump 25% after report of Authentic Brands takeover interest
Mattel shares jumped after the Wall Street Journal reported that Authentic Brands Group approached the toy maker about a takeover…
