U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.
Apparel giant Nike will deliver fiscal-fourth-quarter results at the end of June. Citi analyst Paul Lejuez sees a beat, but he still doesn't think it's time to buy shares.
Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However, the sportswear giant is now changing its tune, n
Recently, Zacks.com users have been paying close attention to Nike (NKE). This makes it worthwhile to examine what the stock has in store.
Nike is striking new deals with retailers as brands realize the DTC model isn't all it's cracked up to be. Designer Brands, Macy's, and Foot Locker have each announced expanded relationships with Nike
The sneaker maker's strategy seeks to shed excess product as inflation pinches consumers' budgets.
Nike had severed ties with wholesalers as it carved out its direct-to-consumer strategy.
Nike products will again be available at Designer Shoe Warehouse.
Despite muted trading volumes, the Dow Jones Industrial Average rose 0.5%, or 169 points, as investors digested data that suggested rising interest rates may finally be hitting the labor market.
U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interes
While we're not there quite yet, the stock market looks like it's on the cusp of a bull run. Technology stocks have been leading the way higher.

Why Are Golf Stocks Up Today?

11:03am, Wednesday, 07'th Jun 2023
Golf stocks are on the rise Wednesday as several shares react to news concerning the PGA Tour merging with LIV Golf. That's a massive announcement as it brings together two major players in the golf s
Lululemon's net revenue and earnings rose in the fiscal first quarter. The sports apparel maker has an enviable balance sheet.
Walgreens remains a business going through significant changes. Walt Disney has lost investor sentiment, but it might not stay down for long.

3 Stocks to Buy for a Billionaire-Backed Portfolio

06:32am, Wednesday, 07'th Jun 2023
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