submitted by /u/Lor1al [link] [comments]
Day: June 19, 2024
‘Awaken Your Madness’ By Nike
Mar Vista Investment Partners, LLC, an investment management company, released the “Mar Vista Focus strategy” first quarter 2024 investor letter. Hereby what was stated regarding NIKE, Inc. (NYSE:NKE): “NIKE, Inc.’s (NYSE:NKE) recent earnings report was a mixed bag. While revenue met expectations and earnings exceeded them, the stock price dipped due to management’s cautious outlook for fiscal 2025. The company is currently undergoing a period of internal restructuring and product line adjustments, which is expected to lead to flat revenue growth in the first half of the coming fiscal year. However, this transition aims to position Nike for long-term success. Our conviction in Nike remains high, and we expect it to emerge stronger and more competitive once the restructuring is complete despite the softer revenue forecast. Nike still anticipates earnings will grow around 10% in calendar 2024 and will accelerate to 15% in 2025 as execution normalizes.” Analysts and investors alike will be keeping a close eye on the performance of Nike in its upcoming earnings disclosure. The company’s earnings report is set to go public on June 27, 2024. Meanwhile Nike Football unleashes star-studded ‘Awaken Your Madness’ ad as the EURO kick off: https://www.youtube.com/watch?v=2xdXKNQYN2o Where to trade? You know 👉 https://track.pepperstonepartners.com/visit/?bta=38408&brand=pepperstone submitted by /u/FXgram_ [link] [comments]
JPMORGAN REMOVES EU BONUS CAP FOR LONDON-BASED STAFF: SKY
submitted by /u/XGramatik [link] [comments]
FERRARI’S FIRST ELECTRIC CAR TO COST AT LEAST €500,000: REUTERS
submitted by /u/XGramatik [link] [comments]
Xiaomi rises +5.3%
submitted by /u/XGramatik [link] [comments]
Mad market: Evercore ISI’s senior managing Director Julian Emanuel is currently Wall Street’s biggest bull. He explains to Morgan LBrennan why he thinks the S&P 500 could reach 6,000 – the highest number on the street.
submitted by /u/XGramatik [link] [comments]
JAPAN IS SAID TO CONSIDER ISSUING BONDS WITH SHORTER MATURITIES
submitted by /u/XGramatik [link] [comments]
Chris Weston: France is getting away about E10b in medium-term paper tomorrow – could be interesting to see the take down here given the recent widening of spreads, placement on the EUs EDP and potential for Moody’s to join Fitch and S&P in cutting its rating
submitted by /u/XGramatik [link] [comments]
BlackBull Markets: So the bank of America is suggesting a long play on AUD/CHF. Why is that and are there similar plays that could be made?
submitted by /u/XGramatik [link] [comments]
Total fucking madness: yesterday, Nvidia has become the world’s most valuable company. NVDA up 3.5% yesterday, dethroning Microsoft and boosting its valuation above $3.3 trillion. The AI stock frenzy led by Nvidia has also helped create 500,000 new millionaires in the U.S in the last year.
submitted by /u/XGramatik [link] [comments]
Michael Santoli takes a look at the risky business happening in the credit market.
submitted by /u/XGramatik [link] [comments]