"Tech in general, particularly the AI-related companies, came under a fair amount of pressure and when Micron reported [on Wednesday] and the market reacted the way that it did, there's the idea that maybe people can come back to these ," said Thomas Martin, senior portfolio manager at Globalt Investments. December has also traditionally been a strong period for stock markets. Since 1950, the so-called Santa Claus rally has been reflected by the S&P 500 rising by an average of 1.3% over the last five tradi ...

Under Armour founder and CEO Kevin Plank, along with Goldman Sachs, is stepping away from further development of Baltimore Peninsula, formerly known as Port Covington, a 235-acre mixed-use waterfront redevelopment project in South Baltimore. Originally pitched as a 14-million-square-foot mini-city anchored by a new UA headquarters, a new report says less than 10% of the planned project has been built.Representatives for Plank's real estate development company, Sagamore Ventures, and its equity partner, Gold ...

Nike's grip on China's sneaker market is slipping. Once a status symbol among Chinese consumers, analysts say it's increasingly losing cultural relevance even as its products remain innovative.The sportswear giant's stock tumbled by 9% in early trading on Friday after reporting its Q2 fiscal results on Thursday. While sales in North America rose 9% to $5.63 billion during the quarter, sales in Greater China were down 17% to $1.42 billion — falling short of Wall Street's expectations.Nike CEO Elliott Hill ...

Stocks look set toclose out a choppy week on a steady note, building on Thursday’s gains, spurred by cooler inflation that backs the case for lower borrowing costs. As of 8:00am, S&P 500 futures were 0.1% higher while Nasdaq 100 contracts were up 0.2% after the WSJ reported that OpenAI is set to raise $100BN in fresh capital (from sov wealth funds) removing near-term funding pressures across the AI sector. In premarket trading Oracle is up 6%, off session highs, with the rest of the Mag 7 complex mostly hig ...

Nike Inc. shares fell after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth. Most Read from Bloomberg While Nike is making progress, especially in North America and the running category, investors are eager for the company to make headway in other are ...

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Witching hourA trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December 3, 2025. Timothy A. Clary | Afp | Getty ImagesWall Street could be in for a wild trading day when options on four types of securities expire: index options, single stock options, index futures and ind ...

TikTok (BDNCE) 与美国合资企业 - TikTok母公司字节跳动已签署具有约束力的协议，将与美国投资者成立一家新的美国合资企业，该合资企业将由美国投资者控股 [2][3] - 新合资企业将建立在TikTok现有美国数据安全组织的基础上，交易完成后将作为独立实体运营，拥有美国数据保护、算法安全、内容审核和软件保证的权限 [4] - TikTok的全球美国实体将继续管理全球产品互操作性以及某些商业活动，包括电子商务、广告和营销 [4] Instacart (CART) 与FTC和解 - Instacart已与美国联邦贸易委员会达成6000万美元的和解，以解决与欺骗性消费者行为相关的指控 [5] - FTC诉讼称，该杂货配送业务通过宣传免费配送服务然后收费，以及未披露注册免费试用的消费者将自动加入其订阅计划，从而误导消费者 [6] - 根据和解条款，Instacart被禁止就配送成本和满意度保证进行虚假陈述，并且必须在涉及订阅注册的交易中“清晰显著地披露条款并获得明确知情同意” [7] Nike (NKE) 第二财季业绩与展望 - Nike第二财季营收和利润均超预期，批发和北美销售表现强劲，其中北美业务占总业务的40% [8] - 公司每股盈利为0.53美元，同比下降32%，但比预期高出0.16美元 [9] - 关税和折扣库存继续拖累盈利能力，尤其是在北美业务，导致毛利率被压缩超过300个基点，至符合预期的40.6% [10] - 公司CEO表示，Nike正处于复苏的中期阶段，对推动品牌长期增长和盈利能力的行动充满信心 [9] 其他市场与公司动态 - 索尼将以4.57亿美元收购史努比、花生漫画特许经营权 [10] - STAAR Surgical (STAA) 股东将对Alcon (ALC) 的收购要约进行投票，STAAR Surgical股价远低于30.75美元的交易价格 [13] - 迪士尼将在美国影院上映《阿凡达：火与灰》，预计首周末票房将超过1亿美元，这可能对AMC娱乐、Cinemark控股、Marcus Corporation和IMAX构成年末利好 [13]

US sportswear retailer Nike reported its fiscal 2026 second-quarter (Q2) financial results for the three months ended 30 November 2025, posting revenues of $12.42bn. Revenue increased 1% on a reported basis and was flat on a currency-neutral basis. Net income for the quarter fell 32% to $792m, with a diluted earnings per share (EPS) of $0.53. The company’s gross margin narrowed by 300 basis points to 40.6%, a decline it attributed mainly to increased tariffs in North America. Wholesale revenues increa ...

Hong Kong stocks rose for a third day on Friday, sending the benchmark gauge to its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing and allayed concerns about frothy valuations of global equities. The Hang Seng Index advanced 0.8 per cent to 25,690.53 at the close, paring the weekly loss to 1.1 per cent. The Hang Seng Tech Index gained 1.1 per cent. On the mainland, the CSI 300 Index climbed 0.3 per cent and the Shanghai Composite Index added 0. ...

Hong Kong stocks rebounded from a three-week low in a late rally on Wednesday, as traders weighed the prospects of monetary easing after a mixed reading on the US payroll report. The Hang Seng Index rose 0.9 per cent to 25,468.78 at the close after swinging between gains and losses during most of the day's trading. The Hang Seng Tech Index gained 1 per cent. On the mainland, the CSI 300 Index climbed 1.8 per cent and the Shanghai Composite Index added 1.2 per cent. Do you have questions about the bigge ...