kodda The U.S. Supreme Court issued two highly consequential decisions this week that upended the government regulatory framework in place for decades, with ramifications for environmental and energy policy. First, the Supreme Court discarded a 1984 precedent from the case Chevron v. Natural Resources Defense Council, which had provided significantContinue Reading
MicroStockHub/iStock via Getty Images JPMorgan believes that a proposed round of tariffs under a potential second Donald Trump U.S. presidency could have a greater impact on consumer prices than they did in the Republican leader’s first term. The imposition of tariffs by Trump, who served as U.S. President from 2017Continue Reading
Faced with the challenge of “navigating macro headwinds that will have a pronounced impact on fiscal 2025” and continued softness in China, Nike (NYSE:NKE) now expects FY25 sales for the sportswear giant to be down mid-single-digits with sales in the first half of the year down by high-single-digits. The companyContinue Reading
Mesut Dogan/iStock Editorial via Getty Images Morgan Stanley estimated a $370M to $1.3B potential risk to Oracle (NYSE:ORCL) and highlighted a near term headwind from slowing TikTok usage growth. Oracle warned investors that a law, which could ban TikTok in the U.S. unless it is divested from its Chinese parentContinue Reading
Dan Kitwood Oracle (NYSE:ORCL) warned investors that the law that could potentially ban popular social media app TikTok in the U.S. may hurt its earnings. President Biden in April signed into law a bill that would ban TikTok in the U.S. unless it is divested from its China-based parent firmContinue Reading
