Nike shares fall 9% on weak outlook, expected 20% sales decline in China
A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026. Brandon Bell | Getty Images
Read MoreA Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026. Brandon Bell | Getty Images
Read MorePfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its
Read MoreQINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port
Read MoreWarren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway shares
Read MoreWells Fargo reported better-than-expected second-quarter results before Tuesday’s opening bell. However, the stock was under pressure after management reduced guidance
Read MoreAlexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked
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