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Are shoppers suffering from ‘sneaker fatigue?' analysts weigh in after nike's results
During Nike Inc.'s earnings call on Thursday, executives tried to steer Wall Street's attention to the positives as shares sank: New Jordans; new runn...
June 30, 2023, 2:42 pm
Us: income higher, spending flat, prices slowing but still elevated in may
Personal income grew 0.4% month-on-month (m/m) in May, just above market expectations (0.3%). This marked a slight acceleration from the prior month�...
June 30, 2023, 2:13 pm
S&p 500 futures jump 33 points
S&P 500 futures are up 33 points, or 0.75%Weak Nike earnings might have spooked a different market because it's a good bellwether for consumer s...
June 30, 2023, 1:18 pm
Us dollar slides as fed’s favorite inflation gauge comes below expectations
The U.S. dollar, as measured by the DXY index, fell on Friday after U.S. PCE data showed that consumer spendin...
June 30, 2023, 1:00 pm
Us pce price index slowed to 3.8% yoy, core pce down to 4.6% yoy
US personal income rose 0.4% mom, or USD 91.2B, matched expectations. Personal spending rose 0.1% mom, ...
June 30, 2023, 12:42 pm
Us may core pce inflation +4.6% y/y vs +4.7% expected
Prior was +4.7%PCE core +0.3% m/m vs +0.3% expectedPrior MoM +0.3%Headline inflation PCE +3.8% y/y vs +4.4% prior (revised to +4.3%)Deflator +0.1% m/m...
June 30, 2023, 12:30 pm
American resources' reelement technologies division touts us patent allowance for its magnet manufacturing partner
American Resources Corporation (NASDAQ:AREC) announced that its reElement Technologies division and its offtake partner have received a notice of allo...
June 30, 2023, 11:25 am
Nike shares drop after earnings miss as costs jumped, squeezing margins
Nike shares dropped over 2% in early trading on Friday after reporting earnings that missed estimates as margins were squeezed by higher costs and mar...
June 30, 2023, 11:15 am
Booking holdings stock looks like a long-term winner in travel. here's why.
Booking Holdings is spending heavily on marketing and sales personnel in 2023. It should start producin...
June 30, 2023, 9:45 am
Cresco labs, columbia care unable to sell units needed to complete proposed merger deal
Cresco Labs CRLBF, CL, -0.93% and Columbia Care CCHWF, -1.46% said Friday they will not be able to sell off the required business units necessary to s...
June 30, 2023, 7:52 am
Us grows, china slows
Economic data released in the US yesterday further fueled the hawkish Federal Reserve (Fed) bets. The US Q1 GDP was revised up from 1.3% to 2%, while ...
June 30, 2023, 6:03 am
Forexlive americas fx news wrap: the strong us data continues
Initial jobless claims 239K vs 265K estimateUS Q1 final GDP +2.0% vs +1.4% expectedGermany June preliminary CPI +6.4% vs +6.3% y/y expectedUS May
June 29, 2023, 8:19 pm
Nike (nke) beats on top line, pending home sales lower
Nike posted its first earnings miss in recent memory, albeit by a penny, which had already been guided lower during the course of the quarter....
June 29, 2023, 6:54 pm
Bitcoin edges higher as coinbase asks court to dismiss sec lawsuit, commodities pare earlier losses
Bitcoin continues to hold onto the $30,000 level as crypto traders await any decision with Bitcoin ETFs or with ...
June 29, 2023, 4:30 pm
Student loan repayment has net negative impact on consumers, says keybanc's bradley thomas
Bradley Thomas, managing director at KeyBanc Capital Markets, and CNBC's Melissa Repko join 'The Exchange' to discuss how student loan repayment will ...
June 29, 2023, 3:03 pm
Us may pending home sales -2.7% vs -0.5% expected
Prior was 0.0%Index vs 78.9 priorThe pending home sales report measures to the number of homes that hav...
June 29, 2023, 2:00 pm
The 7 most undervalued consumer stocks to buy now
Recession, interest rates, employment, and the housing market – American consumers are weighing the futures of all these topics. Apprehension has le...
June 29, 2023, 1:55 pm
Us q1 final gdp +2.0% vs +1.4% expected
Preliminary reading was +1.3%Final Q4 reading was +2.6% (unrevised)Consumer spending +4.2% vs +3.8% 2nd...
June 29, 2023, 12:30 pm
Aud/usd outlook: australia’s retail sales rebound in may
Australian retail spending experienced a rebound in May Resilient consumption in Australia may strength...
June 29, 2023, 12:07 pm
Progressive planet finalizes purchase deal with lafarge canada
Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has finalized a purchase agreement in which Lafarge Canada Inc, Canada's largest ceme...
June 29, 2023, 10:43 am
