Nike shares drop 10% as China sales plunge, tariffs hit profits
Investors are rattled by Nike's weak performance in China, despite fiscal second-quarter earnings and revenue that topped Wall Street's expectations.
Earnings
Earnings Nike’s turnaround is delayed but not derailed. We think it’s worth the wait
Severe issues in China and a weak outlook discouraged investors, sending Nike shares down sharply.
Micron stock pops 10% as AI memory demand soars: ‘We are more than sold out’
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
Olive Garden owner Darden Restaurants hikes revenue outlook as value plays help bring in diners
Darden Restaurants reported strong demand for Olive Garden and LongHorn Steakhouse.
Micron forecasts surging revenue as computer memory demand for AI remains high
The high demand for memory has driven Micron shares higher and they are up 168% in 2025.
Costco’s quarterly beat isn’t enough to knock out the bears — here’s what could
The quarter looked pretty down the fairway, with beats across key line items — the membership renewal rate.
Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Even with better-than-expected earnings and revenue, Broadcom slid on Friday as investors continued to grow concerned about the AI trade.
Broadcom beats on earnings and revenue, says AI chip sales will double in current quarter
Broadcom's stock is near an all-time high and has climbed 75% so far in 2025 as the company benefits from…
Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Investors were apparently not satisfied with Broadcom CEO Hock Tan's answer to an important question.
Costco tops Wall Street’s sales and revenue expectations
Costco on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year.