Tag: NYSE:NKE
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Futures Pointing To Continued Weakness On Wall Street
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to see further downside following the modest pullback seen on Monday. Traders may continue to cash in on recent strength in the markets, which lifted the S&P 500 and the Nasdaq to record closing highs last Friday. Uncertainty…
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Nike Workforce Reduction, The Trade Desk Soars 19% on $606 Million Revenue, and Latest News
Nike (NYSE:NKE) – Nike will cut over 1,600 jobs, about 2% of its workforce, to reduce costs after forecasting lower profits. Nike outlined a $2 billion cost-saving plan over the next three years, including measures such as supply optimization, supply chain improvement, and automation, with layoff costs estimated between $400 million and $450 million in…
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Wall Street Highlights: Vroom Shuts Down Online Car Sales, Ericsson Warns of Decline Outside China, and More
In Tuesday’s pre-market, U.S. index futures showed a slight negative trend. This movement follows a historic milestone where the Dow Jones surpassed the 38,000-point barrier for the first time. At 05:09 AM, the Dow Jones futures (DOWI:DJI) fell 29 points, or 0.08%. S&P 500 futures retreated 0.05% and Nasdaq-100 futures fell 0.10%. The yield on…
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Crypto: UBS Imposes BTC ETF Trading Restrictions, CoinShares Acquires Valkyrie’s ETF, and More
US Bitcoin ETFs attracted $4.6 billion in trades On the first day of trading, US-listed Bitcoin ETFs reached an impressive volume of $4.6 billion, attracting both bullish and bearish investors who placed $80 million in long and short bets. Investors rushed to purchase these new SEC-approved products, marking a significant milestone for the cryptocurrency industry.…
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Wall Street Highlights: Mastercard’s Financial Rise, Citigroup’s $3.8 Billion Charges, and More
This Thursday morning, U.S. index futures are showing an upward trend, in anticipation of the imminent consumer inflation data and the start of the fourth-quarter financial results reporting season, a crucial period for Wall Street investors and analysts. At 05:40 AM, the Dow Jones futures (DOWI:DJI) rose 7 points, or 0.02%. S&P 500 futures were…
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Pre-Market Surge for Snowflake, Salesforce, Nutanix; ASML’s New CEO; Occidental’s CrownRock Negotiations
U.S. index futures are up in Thursday’s pre-market, reflecting investor expectations regarding the announcement of October’s personal consumption expenditures and the forecasted data for the weekly unemployment insurance claims. As of 6:09 AM, the Dow Jones futures (DOWI:DJI) rose by 168 points, or 0.47%. The S&P 500 futures advanced 0.19%, and the Nasdaq-100 futures increased…
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Crypto This Monday: XRP Hits 3-Month High, Telegram to Launch Crypto Wallet, and More
Bitcoin maintains gains on hopes of favorable monetary policy Bitcoin (COIN:BTCUSD) and other cryptocurrencies remained stable after a recovery, with optimism that the Fed may stop raising interest rates. Bitcoin fluctuated slightly, staying above $35,000, far from the lows of May 2022, reflecting an increase of about 30% in weeks. Confidence is returning to the…
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Friday’s Wall Street Highlights: New Integrated, Nike, Tesla, Alphabet, and more
US index futures are trading higher in pre-market on Friday, striving to stay positive on the final trading day of September, awaiting American inflation data. Recent days have been turbulent due to heightened investor concerns about interest rates. At 6:59 AM, Dow Jones futures (DOWI:DJI) rose 154 points, or 0.45%. S&P 500 futures rose 0.46%…
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Thursday’s Wall Street Highlights: HSBC, Meta, Ryanair, Peloton, Micron, and more
US index futures were mixed in Thursday’s pre-market as investors approached the final days of trading in a challenging month and quarter economically and financially. At 7:05 AM, Dow Jones futures rose 35 points, or 0.10%. S&P 500 futures were up 0.06%, while Nasdaq-100 futures fell 0.10%. The yield on 10-year Treasury bonds stood at…
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Monday’s Wall Street Highlights: Ford, Amazon, Paramount, Nike and more
US index futures are down in pre-market trading this Monday, amid a broad return of risk aversion sentiment, due to indications from central banks that interest rates will remain high for an extended period. At 06:55, Dow Jones (DOWI:DJI) futures dropped 15 points, or 0.04%. S&P 500 futures fell 0.05% and Nasdaq-100 futures fell 0.08%.…