By the end of the day, the market had regained some ground lost when the FOMC released less promising inflation predictions for 2025 after cutting rates on Wednesday. At the closing bell 4 pm ET, the S&P 500 climbed 1.28%, the Dow Jones Industrial Average climbed 1.52%, and the Nasdaq Composite Index climbed 1.21%. MACRO In macro, Personal Consumption Expenditure numbers came in lower than expected, 2.4% vs 2.5%, but trending higher...
$Nike (NKE.US)$put options volume jumped after the world's largest sportswear company's outlook highlighted its continued struggle to regain the market share it lost to smaller rivals. Shares of Nike swung on Friday from a gain of as much as 1.2% to a loss as big as 2.9% as investors and analysts pondered how long the recovery could take. The company has reported three straight quarters of declining revenue through the t...
The Investor Kid
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Things still look very uncertain although the CEO layouts the turnaround plan. I think both marketing effort and store image upgrading are needed in Nike. I would compare these with Adidas. Adidas store has got a very energetic feeling compared to Nike store. As for marketing effort, figure tells the story. Adidas marketing spending per revenue is higher compared to Nike. Of course with higher marketing spending it would eventually lower down the net profit. Hence I think everything is still uncertain. Competitors are working on their plan as well during this period whilst Nike trying to turnaround.
Happy Friday, traders. It's December 20th, and the market fell at the opening bell, but prices recovered after snow began falling on Wall Street. Since the FOMC Wednesday meeting, markets have trended lower. PCE inflation numbers came in lower than expected- growing at 2.4% and core prices at 2.8%. $Novo-Nordisk A/S (NVO.US)$Shares dropped 20% after a trial of the CagriSema obesity drug, which showed that patients lost 22.7% o...
Dan’l
Kevin Travers
OP
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Revocable Trust, with President-elect Trump as the sole beneficiary, and Don Junior as the sole trustee (i.e., full control of 53% with voting privileges ~;-)
Can somebody teach me about investing, stocks and everything
Anyone trading with ICT concept?
At the closing bell 4 pm ET, the S&P 500 climbed 1.28%, the Dow Jones Industrial Average climbed 1.52%, and the Nasdaq Composite Index climbed 1.21%.
MACRO
In macro, Personal Consumption Expenditure numbers came in lower than expected, 2.4% vs 2.5%, but trending higher...
Shares of Nike swung on Friday from a gain of as much as 1.2% to a loss as big as 2.9% as investors and analysts pondered how long the recovery could take. The company has reported three straight quarters of declining revenue through the t...
unleash the kraken 🚀🚀🚀
$Novo-Nordisk A/S (NVO.US)$ Shares dropped 20% after a trial of the CagriSema obesity drug, which showed that patients lost 22.7% o...
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