Manufacturing looks to continue progressing toward breakeven, while JOLTS data is expected to be mild. Plus Nike (NKE) earnings.

2 Cheap Stocks Top Managers Have Been Buying

11:00am, Tuesday, 01'st Oct 2024
A couple of the best fund managers like these undervalued stocks.
In financial markets, certain price levels are more important than others. Sometimes the reason why a level is important is clear but many times it isn't.
Nike's going back to the past to ensure its future.
Matt Powers, Managing Partner at Powers Advisory Group, is optimistic about Nike's new CEO, Elliot Hill, but advises waiting for the earnings report before increasing investments. He highlights Nike's
The major indexes are trading near record highs after the Fed's rate cut fueled a rebound from a shaky start to September. Looking ahead at specific companies, October brings a major product launch fr
Nike (NKE) will report fiscal first-quarter earnings after the bell Tuesday, and analysts are projecting sales and profits to decline year-over-year—but calling for little upside to the stock.
As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott
Nike earnings are seen tumbling with the Dow giant bringing in a new CEO to right the ship. Nike stock rose on that news, but is off sharply in 2024.
UPDATE—Sept. 30, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first earnings report since announcing a new CEO earlier this month.
Nike reports their fiscal Q1 '25 after the market closes on Tuesday, October 1, '24. Sell-side consensus is expecting $0.52 in EPS, roughly $878 million in operating income on $11.6 billion in revenue
Boeing Company proposed its ‘final' offer last week to end a strike that has impacted over 33,000 workers. Boeing's strike may be followed by 45,000 ILA dockworkers on the East Coast and Gulf, who t

Wall Street Brunch: Jobs Or Earnings?

06:28pm, Sunday, 29'th Sep 2024
The market is focused on inflation and jobs data, with a 50% chance of a Fed rate cut in November. Nike's earnings report is crucial, with expected revenue drops and a new CEO, Elliott Hill, starting

Jobs Data, Nike Earnings, and More to Watch

01:00pm, Sunday, 29'th Sep 2024
The unemployment rate is expected to hold at 4.2% in September, with 145,000 new jobs. Plus, earnings from Carnival, Nike, McCormick, and Levi Strauss.
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