Nike Slides to 13-Year Lows as Revenue Miss Overshadows Earnings Beat
Nike shares fell about 5% after its results, extending a slide to 13-year lows as a revenue miss and weak annual outlook overshadowed an earnings beat.
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Stocks Making the Biggest Moves Today: Accenture, Synopsys and More
Accenture and Synopsys rally on financial updates, Vicor lifts its outlook, and a patent ruling sends United Therapeutics and Liquidia in opposite directions.
Euro Hits 16-Month Low as Rate Outlook Supports the Dollar
The euro’s fall below $1.13 puts interest-rate differences and bearish options pricing in focus, with implications for business costs and cross-border portfolios.
SpaceX to Launch Google AI Chips in Orbital Data Center Experiment
Google’s Project Suncatcher will test AI chips in orbit with Planet Labs and SpaceX, while launch costs and cooling remain central to its business case.
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Kalshi in Talks for $1 Billion Raise at $40 Billion Valuation
Tiger Global and Dragoneer are discussing investments as Kalshi pursues a broader exchange business, with Sequoia and Wellington in talks to lead the round.
Cloudflare Plans Free Certificate Authority as an Alternative to Let’s Encrypt
The internet infrastructure company is seeking browser approvals and preparing post-quantum certificates as shorter renewal cycles increase the importance of automation.
Cboe Extends Exclusive S&P 500 Options Deal Through 2051
Cboe’s renewed S&P Dow Jones Indices partnership secures a core derivatives franchise and opens the door to potential tokenized options products.
Morgan Stanley Opens Digital Asset Lab to Test Blockchain Infrastructure
The bank’s experiments put the mechanics of digital finance in focus, alongside existing businesses in cryptocurrency trading and stablecoin reserve management.
Oura Postpones $2.2 Billion IPO, Citing Market Uncertainty
Oura has delayed its Nasdaq listing despite reported strong demand, putting a planned share sale and a major liquidity event for existing investors on hold.
Nvidia Adds $150 Billion to Buyback Program, Lifting Remaining Authorization to $235 Billion
Nvidia expands its buyback authorization by $150 billion as AI earnings surge, with $235 billion now available for repurchases through fiscal 2028.
U.S. Treasury Yields Hit Multi-Decade Highs as Rising Debt Intensifies Bond Market Pressure
U.S. Treasury yields have climbed to multi-decade highs, with the 10-year approaching 5.3% and the 30-year topping 5.6% as investors confront persistent inflation, higher rates and...
Funflation Pushes Up the Cost of Hobbies as Consumers Keep Spending
Americans are protecting their leisure spending as hobbies get pricier, making the full cost of equipment, subscriptions and recurring activities harder to ignore.
Apple Tests Screenless Fitness Band to Challenge Whoop and Oura
Apple is testing a screenless fitness band designed for continuous health monitoring as the iPhone maker explores a new wearable category dominated by Whoop, Oura and...