As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at air freight and logistics stocks, starting with GXO Logistics (NYSE:GXO).
Nike shares are trading higher in Wednesday's after-hours session following a report that the company will sell on Amazon.com for the first time in six years.
Sportswear behemoth Nike Inc. (NYSE: NKE) has disclosed plans to lay off employees in its technology division, opting to outsource some of this work to third-party vendors.
Over the last six months, Nike’s shares have sunk to $62.18, producing a disappointing 15.2% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.
The sportswear company has laid off some staff in its strategic enterprise and corporate functions departments, and outsourced some of the work, according to Bloomberg News.
Dave Portnoy bet on Caitlin Clark to have a great game to kick off the 2025 WNBA season. His win was worth more than Clark will make in 2025 and almost as much as her four-year deal.
Heaf was previously Nike’s chief strategy and transformation officer, but his position was eliminated as part of CEO Elliot Hill's transformation efforts.
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
Known for its orthopedically approved and comfortable sandals, Birkenstock says customers continue to buy its specialized footwear despite inflationary pressures.
We’ll have to closely pay attention to see how the tariff regime evolves, but recent de-escalation efforts have provided much-needed relief for several stocks with heavy exposure to China.
