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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 25, 2026 / Tyler Durden
18 Shocking Facts That Prove The US Economy Is In Far Worse Shape Than Most People Realize
18 Shocking Facts That Prove The US Economy Is In Far Worse Shape Than Most People Realize
Authored by Michael Snyder via The Economic Collapse blog,
The economy has been the number one issue for U.S. voters for several years in a row, and it isn’t because things are good.
Consumer confidence is at an all-time low, inflation is starting to accelerate once again, mass layoffs are being conducted all over the nation, and delinquencies and foreclosures are soaring. Nobody can dispute any of the facts that I am about to share...
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Jul 23, 2026 / Tyler Durden
Mapping Americans' Per Capita Health Care Spending By State
Mapping Americans' Per Capita Health Care Spending By State
Health care represents a major share of consumer spending in America, but the amount spent per resident varies considerably by location.
New data from the U.S. Bureau of Economic Analysis highlights the differences in per-capita health care spending across the country in 2024.
The map below, via Visual Capitalist's Srijaa Chatterjee, ranks every state using the latest Personal Consumption Expenditures by State data from the BEA. Figures are reported in current dollars and allocated according to residents’ state of residence.
Which States Spend the Most on...
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May 27, 2026 / Tyler Durden
Doing The Math: UC Faculty Urges Return To Standardized Testing After Shocking Decline In Skills
Doing The Math: UC Faculty Urges Return To Standardized Testing After Shocking Decline In Skills
Authored by Jonathan Turley,
Years ago, I wrote a column denouncing the decision of the University of California system to drop standardized testing in the cause of greater racial diversity. Now, hundreds of UC mathematics faculty have called for a return to such testing after reports showing a thirtyfold increase in students with math skills below high school level.
As written earlier, the University of California system was an early supporter of this disastrous move.
It was heralded as a...
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