The superstar rapper no longer has a place on the Forbes billionaires' list now that his lucrative deal with Adidas is over.
9.35am: Tech earnings in focus US stocks opened mixed as investors await the release of earnings from tech giants Microsoft and Alphabet due after the bell today. Just after the market opened, the Do
Adidas AG has terminated its partnership with American rapper Kanye West, also called Ye, with immediate effect after he made antisemitic comments on social media. The company said his recent action
Adidas shares are down 15% since Thursday as the company deals with stagnating sales and a rash of anti-Semitic comments from its highest-paid employee.
Company to stop making Yeezy products and paying rapper, saying recent comments have been ‘hateful and dangerous'
Adidas on Tuesday became the latest company to sever ties with the rapper Kanye West over his antisemitic comments made over social media.
The German sportswear giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments.
Adidas is set to end its partnership with the controversial rapper, according to a report from Bloomberg.

Adidas Plans to End Kanye West Partnership

05:21am, Tuesday, 25'th Oct 2022
Adidas AG plans to end its partnership with Kanye West as early as Tuesday following controversies surrounding offensive behavior from the rapper and designer. Joe Easton reports on Bloomberg Televisi
Adidas ADS, -3.08% shares were trading 3% lower after Bloomberg News reported that the apparel maker plans to end its partnership with Kanye West. The Yeezy line has accounted for as much as 8% of Adi
Adidas could announce plans to end its partnership with the rapper as early as Tuesday because of his offensive behavior, sources told Bloomberg.
"I can say antisemitic s*** and Adidas cannot drop me," Kanye West said during his now infamous tirade against Jews during the Drink Champs Podcast earlier this month.
Yahoo Finance Live anchors Brad Smith and Brian Sozzi discuss Stiffel downgrading Adidas from Buy to Hold.
The rapper said last week: “I can say antisemitic things and Adidas can't drop me. Now what?”

adidas: Buy The Dip

12:53pm, Friday, 21'st Oct 2022
adidas shares plunged by as much as 10% following a profit warning for Q3 results, as well as a lowered guidance for the FY 2022. adidas estimates that profits in 2022 will be about 60% lower than wha
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