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Nike (NYSE:NKE) delivered fiscal second-quarter results that topped market expectations on both earnings and revenue, but concerns over shrinking margins and rising cost pressures triggered a sharp sell-off in the stock. The sportswear giant said improved performance in its North American business helped counter weaker demand in China, even as higher U.S. tariffs pushed up…

Oracle Corporation (NYSE:ORCL) shares climbed more than 5% in premarket trading on Friday after reports pointed to progress on a potential restructuring of TikTok’s U.S. business and renewed investor enthusiasm around artificial intelligence following fundraising discussions at OpenAI. According to media reports, TikTok owner ByteDance has agreed to divest more than 80% of the app’s…

FedEx (NYSE:FDX) reported fiscal second-quarter results that exceeded market expectations on both earnings and revenue and increased its full-year outlook, pointing to firmer pricing, rising U.S. shipment volumes and continued progress on cost-saving initiatives. Despite the strong quarterly performance, the delivery group’s shares slipped 1.4% in premarket trading on Friday. Analysts suggested the market reaction…

The Trump administration has begun an internal government review that may allow Nvidia (NASDAQ:NVDA) to resume shipping its advanced H200 artificial-intelligence chips to China, according to a Reuters report published Thursday, citing people familiar with the process. Nvidia’s shares gained 1.3% in premarket trading on Friday, rising by 04:23 ET, as investors reacted to the…

Ford Motor Company (NYSE:F) has launched a recall covering 272,645 vehicles across the United States after identifying a defect that could compromise the parking function and allow affected vehicles to move unexpectedly. The U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday that the action involves a range of Ford electric and hybrid models.…