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Nike beat earnings expectations. But a tariff refunds masked its China struggles

Excluding a one-time tariff recovery benefit, Nike earned 20 cents a share in its fiscal fourth quarter, beating estimates of 13 cents [...]

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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: 275.05

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: 101.37

Destination
Beat Saber support is ending on PS VR and PS VR2

It's the end of the line for Beat Saber on PS VR and PS VR2. While you'll still be able to buy and play the base game on both platforms, as well as any songs and music packs that were releas [...]

Match Score: 59.48

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: 56.63

venturebeat
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China

China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]

Match Score: 54.20

Destination
Trump announces 90-day pause on tariffs, excluding China

President Donald Trump has announced a 90-day pause on the sweeping tariff plan that went into effect on Wednesday, April 9, and an increase to 125 percent on the tariff on imports from China. Even wi [...]

Match Score: 49.20

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: 43.46

Destination
Trump threatens a 25 percent tariff on all smartphones not made in the US

After threatening Apple with a 25 percent tariff unless the company found a way to move iPhone production to the US, Bloomberg reports that President Donald Trump wants the tariff applied to other pho [...]

Match Score: 39.75

Destination
Nike's stock is sinking as it braces for Trump's tariffs

Nike’s (NKE) stock fell about7% on Friday morning after the shoemaker conceded that President Donald Trump’s new tariffs are putting pressure on its operations, affecting its earnings outlook.Read [...]

Match Score: 38.09