Article
Nike Turnaround Falters As UBS Says There's "No Reason To Buy" Stock
Nike Turnaround Falters As UBS Says There's "No Reason To Buy" Stock
Nike shares fell 3% in premarket trading after the struggling athletic apparel giant warned on its earnings call that revenue declines over the next two quarters will be worse than previously expected, underscoring that there is still no immediate turnaround to halt a multi-year bear market that has driven the stock to decade lows.
"We are not expecting the environment to improve meaningfully over the next six months," Nike's outgoing CFO Matt Friend told investors on Tuesday evening.
Customers...
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Apr 23, 2026 / Tyler Durden
Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean
Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean
Summary
Iranian sources to Chinese state media says 'breakthrough' toward restarting US talks again could come 'tonight or tomorrow'.
Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal".
Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel...
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Biden’s Closed Circle on Russia
An excerpt from ‘The Great Betrayal.’ Joe Biden’s presidency may ultimately come to be seen as a cautionary tale. Here was a president who showed little interest in entertaining arguments that might have contradicted his most deeply held assumptions.[1] And there were precious few within the upper ranks of the administration who might have attempted to […]
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Mar 1, 2026 / Kyle Anzalone
Trump Says There Will Likely Be More US Soldiers Killed in War with Iran
In an address, President Donald Trump said that three American soldiers had been killed by Iranian attacks, and there “will likely be more.” President Trump said that three American troops had died in the Middle East. He continued, “Sadly, there will likely be more. Before it ends, that’s the way it is. America will avenge […]
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