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The Dow Jones Industrial Average jumped 700 points on Jun 2, its best day of the year so far.
Yahoo Finance went hands-on (with white gloves) at Sotheby’s NYC where a set of Michael Jordan’s game-worn shoes are on public exhibition and anticipated to be the object of the next multi-million dollar private sale.
Michael Jordan's championship game-worn shoes are now on public display ahead of a private sale as Sotheby's expands its white-glove treatment to a younger, growing streetwear and modern collectibles segment. The "Dynasty Collection" includes six individual sneakers, originally designed and released by Nike (NKE), that Michael Jordan wore during each of his NBA Finals championship-clinching games for the Chicago Bulls during the 1990s. The exhibition runs through June 7 — coinciding with the 2023 NBA Finals best of 7 series. The coveted memorabilia doesn't have a price tag or seller detail publicly available yet, but estimates suggest just one of the shoes could fetch offers north of $1 million, based on sales of comparable sports collectibles.
Sotheby’s will sell Dmitri Cherniak's “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles.
It's said that imitation is the sincerest form of flattery, and that mantra holds true in business, as well. Currently, Nike and Disney are inspiring two companies with small stock prices and big plans. Levi Strauss & Co. (NYSE: LEVI) is following the former's direct-to-consumer (DTC) playbook, while Nintendo (OTC: NTDOY) is trying to replicate the latter's monetization of kid-friendly intellectual property.
These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.
BEAVERTON, Ore., June 01, 2023--NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2023 financial results on Thursday, June 29, 2023, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results.
The sportswear giant and game publisher are partnering to build new immersive experiences in the EA Sports gaming ecosystem.
Product innovation, fitness consciousness, improved demand trends and digital growth are likely to hold up the Shoes and Retail Apparel industry amid rising costs. These aspects bode well for NKE, DECK, SKX, CRI and WWW.
Reservoir Media, Inc. (RSVR) delivered earnings and revenue surprises of 0% and 2.61%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Nike (NKE) closed at $106.52 in the latest trading session, marking a -0.92% move from the prior day.
Nike (NKE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.
The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success.
BEAVERTON, Ore., May 24, 2023--NIKE, Inc. (NYSE:NKE) announced senior leadership changes today that will continue to build on its strong momentum and underscore Nike’s commitment to product innovation, serving athletes and unrivaled brand storytelling while driving deeper integration across the business.
Nike (NKE) closed at $108.78 in the latest trading session, marking a -1.27% move from the prior day.
Nike's (NYSE: NKE) fiscal 2023 third-quarter financial results showed revenue of $12.4 billion (up 14%) and diluted earnings per share of $0.79 (down 9%). Both of these headline figures exceeded Wall Street analyst estimates. Should you buy, sell, or hold Nike shares right now?
Oracle, Nike, Starbucks, Caterpillar and ABB are included in this Analyst Blog.
Yahoo Finance markets reporter Josh Schafer breaks down the impact of Foot Locker sales on Nike, retail inventory, and how the resale market is impacting the company.
Nike represents more than 70% of Foot Locker's sales and could see downside risk as Foot Locker struggles to grow sales.
Today's Research Daily features new research reports on 16 major stocks, including Oracle Corporation (ORCL), NIKE, Inc. (NKE) and Starbucks Corporation (SBUX).
Stock markets were mixed in mid-afternoon trading on Monday. Gains for the Nasdaq Composite stood in stark contrast to triple-digit declines for the Dow Jones Industrials, and worries about the ongoing stalemate in debt ceiling discussions seemed to weigh on certain sectors of the economy but not others. Last week, Foot Locker (NYSE: FL) announced its latest financial results, and the athletic footwear and apparel retailer's stock fell sharply.
Yahoo Finance contributor Remy Blaire reports from the New York Stock Exchange on the top movers this morning including, Apple, UBS raising its rating for DraftKings to buy, and how Nike is fairing following Foot Locker’s earnings report.
Interactive Brokers Chief Strategist Steve Sosnick and Yahoo Finance Executive Editor Brian Sozzi join Yahoo Finance Live to discuss retail earnings reports, the state of the consumer, and retail stocks.
Based on the average brokerage recommendation (ABR), Nike (NKE) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?