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Nike ‘comeback takes time,’ shares drop
Nike (NKE) cuts revenue growth forecasts as macro headwinds to have 'pronounced' impact. (00:27) Biden, Trump go back and forth over inflation at fir…
1 year, 11 months ago
Walgreens plunges as it preps to shutter stores
Shares hit multi-year-low on weak guidance. (0:16) Levi's shares fade fast. (3:47) Uber offers cash to ditch your car for 5 weeks. (4:26)
Show Notes
D…
1 year, 11 months ago
SpaceX said to hit $210B valuation, wins $843M NASA deal
SpaceX said to hit $210B valuation, wins $843M NASA deal. (00:25) Baxter (BAX) issues Class 1 recall of Life2000 ventilators over battery charging is…
1 year, 11 months ago
Fed will take notice of FedEx
Global macro proxy FedEx jumps on strong earnings. (0:16) Tesla attracts a new bull. (4:08) The IRS says sorry. (5:00)
Show Notes
Goldman’s top 50 high…
1 year, 11 months ago
Tech stocks recover, South Korea grants and Micron's Q3
Nasdaq, S&P snap 3-day losing streak as Nvidia rebounds (0:28), South Korea to start granting aid to chip manufacturers (3:20), and a Micron Q3 previ…
1 year, 11 months ago
Pfizer working on new weight-loss drug mechanism
Weight loss drug candidate will differ from popular GLP-1s. (0:16) Tesla recalls thousands of Cybertrucks. (3:09) Hedge funds keep cashing in on tech…
1 year, 11 months ago
Boeing shifts to stock deal to acquire Spirit Aerosystems
Boeing (BA) offers to buy Spirit Aero (SPR) for $35 a share mainly in stock - WSJ. (00:28) Novo Nordisk (NVO) to spend $4.1B to build new plant for o…
1 year, 11 months ago
UAE gets ready to roll the dice on casinos
United Arab Emirates' Marjan Island could rival Macau. (0:16) What can Paolo Maldini tell us about soft landings? (1:49) Disney's 'Inside Out 2' on t…
1 year, 11 months ago
ByteDance reportedly teams with Broadcom on AI chip
ByteDance (BDNCE) working with Broadcom (AVGO) on advanced AI chip - report. (00:25) Fast-fashion firm Shein may abandon London IPO - report. (01:16)…
1 year, 11 months ago
Inflation data and NIke earnings on the way
A cool core PCE would put the Fed on the spot to cut in September. (0:18) The Mag 7, the Terrible 3 and the Magnificent 1. (2:14) Nike guidance in fo…
1 year, 11 months ago