Nike stock retreated late Thursday after the Dow Jones athletic retailer fell short of sales expectations for its fourth-quarter report. ↑ X NOW PLAYING How To Utilize Options To Your Advantage During Earnings Season Nike (NKE) earnings accelerated for the fourth quarter in a row. The Dow Jones retailer reported a 50% increase in Q4 […]
Micron (MU) shares dropped almost 6% in premarket trading on Thursday after the chipmaker’s current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge. The chipmaker forecast fourth-quarter revenue of $7.6 billion, plus or minus $200 million, in line with analysts’ average estimate even as the company said […]
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Nvidia (NVDA) short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. Nvidia share price was up over 3% on Tuesday. Stock slump The stock has slumped 13% and lost $430 billion in market capitalization […]