Nike beat Q3 (EPS $0.35 vs $0.28 est.) but crashed 9% AH on a brutal Q4 guide: revenue −2–4% vs +1.9% expected, China −20%. Goldman, JPMorgan, BofA all cut to Neutral. S&P +2.91% Iran peace rally. SKORE: NKE 5.6 Hold.
Hugh Jackman, Adam Lambert, Rachel Brosnahan and Common are among the stars set to participate in New York’s fifth annual Global Citizen NOW “impact summits” designed to address extreme poverty. This year’s event takes place on May 14 at New York’s Spring Studios venue in TriBeCa. Names
Jeff Shell, who resigned as president of Paramount Skydance amid a breach-of-contract lawsuit filed against him and the company by a professional gambler, is set to receive $5 million in severance payments plus several million dollars worth of stock. Read Full Article →
Morgan Stanley India has projected a bullish target of 95,000 for the Sensex by year-end, citing a "structural shift" in earnings and historically low valuations. Read Full Article →
The SpaceX IPO hype is not just about Elon Musks popularity. It is driven by real numbers and rapid business growth. SpaceX dominates the global launch market with reusable rockets and aggressive pricing. Its Starlink satellite internet business is also scaling quickly across continents. Recent estimates suggest Starlink alone could
