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Nike stock sinks to a 12-year low as Wall Street turns bearish on the turnaround

JPMorgan cut Nike to Underweight on Monday as a disappointing sales report from rival On Holding added pressure to the athletic footwear sector [...]

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Destination
Nike pitches robotic sneakers and mind-altering mules

Nike is no stranger to a unique footwear concept, be it self-lacing shoes or a "Hyperboot" that can speed up recovery. The company claims its Project Amplify and new "neuroscience-based [...]

Match Score: 274.96

Destination
Apple and Nike team up for a new Powerbeats Pro 2 colorway

Apple and Nike are at it again. But this time, their collaboration doesn't involve Apple Watch bands or a shoe-tracking iPod. Instead, the companies are launching a new color option for Beats [...]

Match Score: 101.58

Destination
Nike's turnaround is starting to work, thanks to sports

Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said while unveiling better-than-expected fiscal third-quarter earnings.Rea [...]

Match Score: 64.93

Destination
AI researcher Andrej Karpathy says he's "bearish on reinforcement learning" for LLM training

Andrej Karpathy, a former Tesla and OpenAI researcher, is part of a growing movement in the AI community calling for a new approach to building large language models (LLMs) and AI systems.<br /> [...]

Match Score: 52.94

Destination
Elon Musk is reportedly trying to take SpaceX public

Elon Musk is reportedly looking to finally take SpaceX public after years of resistance, according to sources who spoke to The Wall Street Journal. The company has long said it wouldn't choose a [...]

Match Score: 44.58

qz
Nike stock soars 16% as the CEO says its big turnaround 'can only go up from here'

The stock rally comes despite Nike reporting its worst sales drop in five years. But that beat Wall Street’s estimate for an even steeper decline [...]

Match Score: 44.50

Destination
Nike and Hyperice to release the Hyperboot warm-up footwear for athletes on May 17

Nike has teamed up with Hyperice, a company that specializes in products meant for muscle recovery and relaxation in athletes, to launch the Hyperboot. Originally introduced in the summer of 2024, the [...]

Match Score: 43.70

qz
Nike just took its worst earnings hit yet from its big turnaround plan

Elliott Hill, a long-time Nike executive who returned to the company as CEO late last year, said Nike's results “are not where we want them to be” [...]

Match Score: 43.51

Destination
Nike stock is rising amid a sea of red. Here's why

Nike’s stock climbed 4.5% on Friday — even as the broader market plunged — after President Donald Trump said he’d held trade discussions with Vietnam, where the footwear giant does half of its [...]

Match Score: 34.58