Nike layoffs 2026 breakdown: Why is Nike cutting 1,400 jobs? Which departments and regions are hit hardest?Nike layoffs 2026 explained: Nike is cutting jobs again. About 1,400 employees will be affected, mostly in global operations and technology...
24 Apr, 2026, 10.11 PM IST
US Stocks: Levi Strauss shares jump 10% as pricey denim sales smooth over tariff hitLevi Strauss' shares jumped about 10% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years, with c...
08 Apr, 2026, 07.54 PM IST
US Stock Market | Wall Street ends higher on speculation about end to Iran warWall Street surged as President Trump hinted at a swift end to Middle East conflict, boosting tech giants like Alphabet. Investors are opti...
02 Apr, 2026, 06.18 AM IST
Nike stock (NKE) today crashes after beating earnings estimates: Why investors are concerned despite strong resultsNike stock NKE today: Nike's stock dipped after its latest earnings report. The company reported better-than-expected earnings per share an...
01 Apr, 2026, 03.40 AM IST
Nike stock fell 10% today after earnings: Why tariffs and falling margins spooked NKE investorsNike stock today: Nike's stock plunged over 10% as gross margins declined for a second straight quarter, impacted by tariffs and inventory ...
19 Dec, 2025, 07.37 AM IST
Nike plans to reduce reliance on China production for US market to soften tariff blowNike plans to reduce its reliance on Chinese production for the American market. This is to lessen the impact of US tariffs. The company an...
27 Jun, 2025, 07.19 AM IST
Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopesNike shares dropped 5.7% to a five-year low, following disappointing projections and a substantial sales decline in China. The new CEO's 'W...
22 Mar, 2025, 09.22 AM IST
Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
16 Aug, 2024, 07.54 AM IST
Nike stock plunges as gloomy sales forecast fans growth concernsNike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. T...
29 Jun, 2024, 09.24 AM IST
Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
28 Jun, 2024, 08.12 PM IST
Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
22 Mar, 2024, 11.11 PM IST
Nike shares slide 8% as switch to newer styles to squeeze revenueThe company anticipates lower sales, focusing on trendier sneakers. It aims to revive its running shoe category and launch Air Max Dn. Conc...
22 Mar, 2024, 07.46 PM IST
Birkenstock Q4 Results: Company beats revenue expectations on strong demandBirkenstock beat analysts' expectations for fourth-quarter sales and forecast annual revenue above estimates on Thursday, in the German lux...
18 Jan, 2024, 08.26 PM IST
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
22 Dec, 2023, 09.29 PM IST
Nike forecasts downbeat quarterly revenue on lingering China worries"We are taking a cautious approach to Greater China, given uncertainty around additional COVID disruptions," Nike Chief Financial Officer M...
29 Jun, 2022, 07.56 AM IST
US stocks end with weekly gain after volatilityAll three major indices ended near flat in a marked shift from Monday's rout, which was followed by winning sessions later in the week that...
25 Sep, 2021, 09.13 AM IST
Nike shares hit record high as sales get post-lockdown boostThe company's fourth-quarter revenue also nearly doubled, topping $12 billion for the first time and overshadowing a weaker-than-anticipate...
25 Jun, 2021, 10.45 PM IST