Nike (NYSE:NKE) shares are reversing a knee-jerk reaction higher and losing ground after remarks from the company’s CFO acknowledging macro challenges hinted to a guidance cut, and FQ4 revenue was worse than Wall Street expected. Shares are down 5%, dragging down Foot Locker (FL) by 3% in sympathy. The sportswearContinue Reading
U.Today – Here is a summary of the top three news stories over the past day, presented to you by U.Today. More than 140,000 BTC from Mt. Gox hack to be repaid: Market effect According to a recent notice issued by Mt. Gox, it will start repayments in and toContinue Reading
U.Today – MicroStrategy chairman and cofounder Michael Saylor has sparked excitement within the crypto community by launching a poll, asking, “How fast do you expect BTC to appreciate annually in USD over the next ten years?” The results reveal strong bullish sentiment among respondents, suggesting a significant price boom aheadContinue Reading
