Shoppers near a Nike store in the SoHo neighborhood of New York, Nov. 24, 2025. Michael Nagle | Bloomberg | Getty Images Nike shares rose 3% in Wednesday trading after insiders picked up the stock near the end of a rough year. Apple CEO Tim Cook, who serves as a director at the athletic apparel…
The stock market broke records during the holiday-shortened trading week. The S & P 500 hit an all-time intraday high Friday but closed slightly lower. Nevertheless, the index rose 1.4% last week, padding an almost 18% year to date advance. Economic data last week lifted investor spirits, with weekly jobless claims, as well as third-quarter…
We’re buying 200 shares of Nike at roughly $59. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will own 1,600 shares of NKE, increasing its weighting to 2.4% from. 2.08%. We’re scooping up shares of struggling Nike on a confidence-inducing signal from the board of directors that a bottom could be forming. Late Tuesday evening ,…
Stocks finished higher Friday, lifted by the volatile artificial intelligence trade, leading the market to the upside for the week. The S & P 500 eked out a 0.1% weekly gain, while the Nasdaq gained 0.5%. While logging three positive weeks in the past four, the indexes were still modestly lower for the seasonally strong…
A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike on Thursday posted quarterly earnings and revenue that topped Wall Street’s estimates, as strength in North America helped to offset a plunge in China sales. The company’s stock slid more than…
Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s…
Can running shoes be made by a spray gun? That’s the idea behind LightSpray, a new manufacturing technique created by Swiss sneaker company On. “It allows us to produce an upper material in a completely automated way,” said Marc Maurer, On’s former co-CEO who recently left the company. “A traditional product is touched by approximately…
