The social media company has seen its share price fall significantly. *Stock prices used were the afternoon prices of March 29, 2026. The video was published on March 31, 2026. Continue reading
The social media company has seen its share price fall significantly. *Stock prices used were the afternoon prices of March 29, 2026. The video was published on March 31, 2026. Continue reading
Nike ( NKE ) fell sharply in postmarket trading on Tuesday after issuing soft guidance on its earnings conference call. The company expects sales to decline between 2% and 4% in FQ4 to miss the consensus expectation for an increase of 1.9%. Notably, Nike ( NKE ) sees a 20% decline in revenue for the Greater China business. CFO Matt Friend said the company recognizes that the environment has become...
Nike ( NKE ) fell sharply in postmarket trading on Tuesday after issuing soft guidance on its earnings conference call. The company expects sales to decline between 2% and 4% in FQ4 to miss the consensus expectation for an increase of 1.9%. Notably, Nike ( NKE ) sees a 20% decline in revenue for the Greater China business. CFO Matt Friend said the company recognizes that the environment has become increasingly dynamic and warned it could experience unplanned volatility due to the disruption in the Middle East, rising oil prices, and other factors that could impact either input costs or consumer behavior. Meanwhile, CFO Elliott Hill acknowledged the company's comeback is taking longer than he would like but thinks the current strategy will pay off in the long term. Shares of Nike ( NKE ) moved down 9.1% in postmarket trading after moving 3.1% higher during the regular session. More on Nike NIKE, Inc. (NKE) Q3 2026 Earnings Call Transcript Wall Street Brunch: Jobs Report Due Despite Holiday Sell Nike: Overpriced On Pandemic-Era Performance And Turnaround Hopes Nike anticipates Q4 revenue down 2% to 4% as it targets finishing 'Win Now' actions by year-end Stocks to watch on Tuesday after market: RH, NKE, TDOC
A number of stocks jumped in the afternoon session after Nvidia announced a strategic partnership and a $2 billion investment in fellow chipmaker Marvell Technology.
A number of stocks jumped in the afternoon session after Nvidia announced a strategic partnership and a $2 billion investment in fellow chipmaker Marvell Technology.
Federal Judges Rule Against White House Ballroom, Defunding NPR And PBS Another week, another couple of activist judges ruling against the Trump administration. Architect Shalom Baranes shows a site plan for the White House ballroom during a meeting of the National Capital Planning Commission in Washington on Jan. 8, 2026. Chip Somodevilla/Getty Images On Tuesday, federal judges issued orders bloc...
Federal Judges Rule Against White House Ballroom, Defunding NPR And PBS Another week, another couple of activist judges ruling against the Trump administration. Architect Shalom Baranes shows a site plan for the White House ballroom during a meeting of the National Capital Planning Commission in Washington on Jan. 8, 2026. Chip Somodevilla/Getty Images On Tuesday, federal judges issued orders blocking the ongoing ballroom construction at the White House , and halted federal agencies from pulling funding for National Public Radio and the Public Broadcasting Service. On the Ballroom : U.S. District Judge Richard Leon said the president of the United States “is the steward of the White House for future generations of First Families. He is not, however, the owner!” Leon said Trump claims Congress gave the president authority in current statutes to build his East Wing ballroom project “and to do it with private funds.” The National Trust for Historic Preservation argues the president has no such authority under existing laws and that a preliminary injunction is needed to avoid irreparable harm, the judge said. -Epoch Times "I have concluded that the National Trust is likely to succeed on the merits because no statute comes close to giving the President the authority he claims to have," Leon continued - granting a preliminary injunction and ordering that "the ballroom construction project must stop until Congress authorizes its completion." On NPR and PBS , U.S. District Judge Randolph Moss, based in Washington, said Trump’s order targeted the broadcasters, known as NPR and PBS, for their point of view. "The First Amendment does not tolerate viewpoint discrimination and retaliation of this type," he wrote in a 62-page decision . As the Epoch Times notes further, Trump’s May 1, 2025, order directed the end of funding for NPR and PBS. “Government funding of news media in this environment is not only outdated and unnecessary but corrosive to the appearance of journalistic in...