Daily stock market update in 5 minutes. Stay up to date with the companies making the biggest moves and learn about the economic news that can help you be a bet...
Uber Acquisition Hits Roadblock, GameStop Tries for 5-Day Win Streak
Stock market update for December 26, 2024.
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7:30
Nordstrom to Go Private in $6.25B Deal, American Airlines Averts Travel Crisis
Stock market update for December 24, 2024.
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8:22
Silicon Valley Takes on Defense Industry's Old Guard, Rumble Stock Nearly Doubles on Tether Investment
Stock market update for December 23, 2024.
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8:50
Deep Dive: How Nike Lost Its Cool
Nike, once a cultural powerhouse defined by iconic athletes like Michael Jordan and collaborations with fashion legends, is facing a tough year marked by plummeting sales and a sharp drop in stock value. The company's struggles are partly due to missteps under former CEO John Donahoe, whose focus on direct-to-consumer strategies alienated wholesalers and led to an over-reliance on trends like Dunks. Now, with veteran Nike insider Elliott Hill at the helm, the company is looking to rebuild relationships with retailers, revitalize its product line, and re-engage with its core fanbase. While Nike’s future is uncertain, investors received a glimpse into what to expect when the company delivered its first earnings report under Hill this week.
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8:50
Novo Nordisk Tanks on Weak Obesity Drug Results, Nike Delivers Another Quarterly Sales Decline
Stock market update for December 20, 2024.
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Daily stock market update in 5 minutes. Stay up to date with the companies making the biggest moves and learn about the economic news that can help you be a better investor. Hosted by Zaid Admani.