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☆ Nike is 'dead money' for a few quarters: Analyst
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike is 'dead money' for a few quarters: AnalystCFRA's Zachary Warring says it could take Nike at least a year to work through the challenges it's currently facing, from stiffer competition to better capturing demand.

Persons: CFRA's Zachary Warring, it's Organizations: Nike

☆ European markets slightly higher as investors look beyond Middle East tensions
▼ + stars: | 2024-10-02 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — European stocks were slightly higher Wednesday as investors attempted to look beyond escalating tensions in the Middle East and await fresh employment data out of the region. The pan-European Stoxx 600 was up 0.35% in opening trade, with the majority of sectors and major bourses moving in the green. Oil and gas stocks added 2.42% on the prospect of supply disruptions in the Middle East, while travel and leisure stocks dipped 0.25% as airlines diverted flights out of the region. Meantime, shares of British sports retailer JD Sports fell 3.5% even as the company reported expectation-beating revenues and profits for the first half. The attack came on the heels of Israel's deployment of ground forces into south Lebanon, escalating its offensive on Hezbollah, the Iran-backed militant group.

Persons: Hassan Nasrallah Organizations: Saab, BAE Systems, Thales, Rheinmetall, JD Sports, Nike, Nasdaq, Hezbollah Locations: Iran, Israel, Iranian, Lebanon

☆ What does work wellbeing have to do with business success? Everything, pretty much.
▼ + stars: | 2024-10-01 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Indeed's new Work Wellbeing 100 demonstrates that companies with higher work wellbeing collectively outperform stock market benchmarks. Here's a quick overview of the Work Wellbeing 100 index, along with new data that shows the current state of wellbeing at work — plus strategies for what your company can do to improve its Work Wellbeing Score. Building upon this massive dataset — the world's largest study of work wellbeing — Indeed has collaborated with the University of Oxford to create The Work Wellbeing 100, an index of the top 100 publicly traded companies ranked by the Work Wellbeing Score. As detailed in Indeed's first-ever Global Work Wellbeing Report, only 22% of respondents say they're thriving at work, even though the benefits of work wellbeing are more apparent than ever. Discover your company's Work Wellbeing Score and explore strategies and resources from Lead with Indeed to enhance your wellbeing initiatives.

Persons: We've, —, Here's, Russell, Emmanuel De Neve, hasn't, LaFawn Davis, Davis Organizations: Delta Air Lines, Accenture, NIKE, University of Oxford, Nasdaq, Research, Insider Studios Locations: Oxford, Canada

☆ Powers: Elliot Hill should be a huge upswing for Nike
▼ + stars: | 2024-10-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowers: Elliot Hill should be a huge upswing for NikeMatt Powers, Managing Partner at Powers Advisory Group, is optimistic about Nike's new CEO, Elliot Hill, but advises waiting for the earnings report before increasing investments. He highlights Nike's global brand and potential growth in China.

Persons: Elliot Hill, Nike Matt Powers Organizations: Nike, Powers Advisory Locations: China

☆ Tonight's vice presidential debate matters a lot more this time around
▼ + stars: | 2024-10-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, what you need to know about tonight's vice presidential debate , and why it's worth paying attention to. The big storyUp for debateDrew Hallowell/Getty Images; Andrew Harnik/Getty Images; Brandon Bell/Getty Images; Rebecca Zisser/BIOhio Sen. JD Vance and Minnesota Gov. ET for an uncharacteristically important vice presidential debate , write Business Insider's Brent D. Griffiths and John L. Dorman. Thanks to a hot streak at Miu Miu, Prada has done what few luxury retailers have been able to do this year: grow. In short, it doesn't get trendier than Miu Miu — and trendy is good for business.

Persons: —, Drew Hallowell, Andrew Harnik, Brandon Bell, Rebecca Zisser, JD Vance, Tim Walz, Insider's Brent D, Griffiths, John L, Dorman, Donald Trump, Kamala Harris aren't, Vance, Walz, hasn't, Brent, Trump's, There's, Harris, Joe Biden's, Matt Stroshane, Tyler Le, Blackstone, Getty, Justin Sullivan, Nvidia's, Jensen, Mira Murati, Natalie Ammari, That's, Miu Miu, Prada, Jimmy Carter, Mark Rutte, Jens Stoltenberg, Claudia Sheinbaum, Elliott Hill, Mike Johnson, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Microsoft, Getty, Ohio Sen, Minnesota Gov, CBS, Netflix, Republican, UBS, Venture, Murati, Consulting, Nike, NYSE Locations: Minnesota, Silicon, New York, London

☆ Nike's new CEO started as an intern—what you can learn, from a leadership expert: 'There's something in the water here that everyone can drink'
▼ + stars: | 2024-10-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Hill, 60, was named Nike's new CEO on September 19. He has worked in the company since the late 80s, aside from the last four years, which he spent retired. From there, he moved up in the ranks about every two years on average, from management to director to vice president. Still, if you ask Rohan Verma, a San Francisco-based executive coach and former senior executive at LinkedIn, it's doable. General Motors' CEO Mary Barra, Walmart's CEO Doug McMillon and Costco's CEO Ron Vachris each moved their way up from entry-level positions, Verma points out.

Persons: It's, Elliott Hill, Hill, Rohan Verma, it's, he's, Verma, Mary Barra, Doug McMillon, Ron Vachris Organizations: Nike, LinkedIn, CNBC, General Motors Locations: San Francisco

☆ 4 reasons for the tech selling Tuesday — and why we're not changing our view on the group
▼ + stars: | 2024-10-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Ultimately, the slow starts to August and September did not stand in the way of Wall Street recording a strong third quarter . Tech woes : The S & P 500 tech sector is having a rough day on several different fronts. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, There's, Elliott Hill, John Donahoe, Lamb Weston, we'll, Slim Jim, Hunt's, Orville Redenbacher's, We're, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Federal Reserve, Coterra Energy, Tech, Apple, Citigroup, HP Inc, CDW Corp, Citi, Samsung Electronics, Nvidia, Broadcom, Energy, Nike, Maine Foods, Labor, Jim Cramer's Charitable Locations: East, Iran, Israel, China

☆ Nike's new CEO has a big uphill struggle ahead
▼ + stars: | 2024-10-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Elliott Hill is preparing to start as the CEO of Nike amid revenue decline and market challenges. Nike's Q1 fiscal 2025 earnings report shows a 10% revenue drop to $11.6 billion. AdvertisementNike's new CEO will have several challenges to overcome when he takes over in less than two weeks. Nike released its first-quarter fiscal 2025 earnings report on Tuesday, and revenue declined 10% from the previous year to $11.6 billion. Hill, who's scheduled to start as CEO on October 14, wasn't present for Tuesday's earnings call.

Persons: Elliott Hill, —, wasn't, Hill's, Matthew Friend Organizations: Nike, Service, Force Locations: Maine, Texas

☆ Stock futures fall slightly following rocky start to October: Live updates
▼ + stars: | 2024-10-01 | by ( ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Stock futures slipped in overnight trading following a sour start to the new trading month and final quarter of 2024. Futures tied to the Dow Jones Industrial Average edged down 80 points, while S&P 500 futures and Nasdaq-100 futures lost about 0.1% and 0.2%, respectively. In after-hours action, Nike slid about 7% after the sneaker giant pulled its full-year guidance ahead of its CEO change. Ahead of Friday's keynote September jobs report, Wall Street on Wednesday will gain insight into the state of private payrolls with ADP's Employment Survey.

Persons: Elliott Hill, Ryan Detrick, nonfarm Organizations: New York Stock, Stock, Dow Jones, Nasdaq, Nike, LPL, Apple, Nvidia, Microsoft, Tesla, U.S, Treasury, ADP's, Federal Locations: Iran, Israel, Lebanon

☆ Nike reports earnings after the bell. Here's what Wall Street expects
▼ + stars: | 2024-10-01 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Nike will report quarterly earnings Tuesday as investors brace for another set of less-than-stellar results. The company announced in September that CEO John Donahoe would be stepping down. In September, Nike announced that Donahoe would be stepping down and would be replaced by company veteran Elliott Hill, who is scheduled to take the helm Oct. 14. The incoming CEO will need to power up Nike's innovation pipeline, reset its relationships with wholesalers and improve morale after a series of layoffs and a breakdown in culture.

Persons: John Donahoe, it's, Donahoe, Elliott Hill, Hill Organizations: Nike, Air Force, Air Jordan, Consumer Locations: Barton, Austin , Texas, U.S

☆ Short work stoppage at ports would have muted impact, says BofA's Hutchinson
▼ + stars: | 2024-10-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShort work stoppage at ports would have muted impact, says BofA's HutchinsonLorraine Hutchinson, senior retail analyst at Bank of America Securities, joins CNBC's 'The Exchange' to discuss the potential impact of port strikes on retailers ahead of the holidays, outlooks ahead of Nike earnings, and more.

Persons: BofA's Hutchinson Lorraine Hutchinson Organizations: Bank of America Securities, Nike

☆ We loved living in Austin but left after 10 years. Big businesses and tech wrecked our favorite parts of the city.
▼ + stars: | 2024-09-30 | by ( Laura Niebauer Palmer | ) www.businessinsider.com time to read: +5 min

We hated that many of the city's unique small businesses were being forced out due to high rents. We loved that the city was less hurried, had a small-town feel, and prided itself on its motto, "Keep Austin Weird." AdvertisementWe felt big businesses slowly took away from what made Austin special"Keep Austin Weird" is an ode to the eclectic mix of small businesses found throughout the city. Dmitri Kotchetov/ShutterstockThe Texas capital is known for its motto, "Keep Austin Weird," an ode to the eclectic mix of small businesses found throughout the city. The street was once lined with offbeat stores with unique Austin offerings and welcoming shop owners.

Persons: Austin, —, hasn't, Dmitri Kotchetov, we've, it's, Warby Parker, We've Organizations: Service, Apple, ABC TV, Nike Locations: Austin, Chicago, Texas, The Texas, Congress, Austin .

☆ Using options to bet on a comeback in the athleisure stocks
▼ + stars: | 2024-09-30 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Nike (NKE) and Lululemon (LULU) are two of the most well-known athleisure stocks. NKE YTD mountain Nike, year-to-date The tricky bit is that the promise of that strategic shift will not be reflected in the company's trailing results when they report this week. Buy NKE March 21 $90 call Sell Oct. 18 $95 call Why did I also include Lululemon, another athleisure laggard, in this? Unlike Nike, Lululemon is still growing, albeit slower than it had been previously. LULU YTD mountain Lululemon, Year-to-date However, Lulu is now trading about 20 times forward earnings estimates, a significantly lower multiple than Nike, trading at 26 times forward profits.

Persons: LULU, Lulu, Elliott Hill, John Donahue, Donahoe Organizations: Nike, Nike flatlined, CNBC, NBC UNIVERSAL Locations: Swiss, LULU

☆ After a week of records, there's one main market event that could change everything
▼ + stars: | 2024-09-29 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The Fed's target inflation rate is 2%, so we're getting closer. In the week ahead, we get quarterly results from Club name Constellation Brands and the government's September employment report. Jobs, Jobs, Jobs This coming Friday's big update on the state of the labor market is the main market event and could have big implications for Wall Street and the path for Fed rate cuts. However, the market took the news in stride because recent weakness in the stock was already reflecting the sluggish sales environment. ET: September ADP Report Before the bell: Conagra (CAG) After the bell: Levi Strauss (LEVI) Thursday, Oct. 3 8:30 a.m.

Persons: Thursday's, Jerome Powell, we'll, We're, Levi Strauss, LEVI, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Dow Jones, Nasdaq, Treasury, Core PCE, GE Healthcare, Costco, Constellation Brands, Wall, ADP, Pacifico, McCormick &, PMI, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Covid, Corona, New York City

☆ Wall Street braces for a turbulent October with jobs report on deck next week
▼ + stars: | 2024-09-27 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Both the Dow Jones Industrial Average and S & P 500 have broken out to new highs this month. BTIG chief market technician Jonathan Krinsky asked this week, referring to the S & P 500. The S & P 500 had risen more than 5%, while the tech-heavy Nasdaq Composite was higher by more than 1%. For the S & P 500, those levels represent declines of about 6% to 9%, as of Thursday's close. Initial Claims (09/28) 9:45 a.m. PMI Composite final (September) 9:45 a.m. S & P PMI Services SA final (September) 10 a.m.

Persons: Jonathan Krinsky, Dow, Adam Turnquist, LPL Financial's Turnquist, Jeff Hirsch, he's bullish, Hirsch wouldn't, Lamb Weston, Nonfarm Payrolls, —, Nick Wells Organizations: Federal, Dow Jones Industrial, Dow, CNBC, Nasdaq, LPL, Chicago PMI, Dallas Fed, PMI, Manufacturing, Nike, McCormick, ADP, PMI Services SA, Services PMI, Constellation Locations: Europe, U.S, Chicago

☆ Brat summer is over. Here's what Gen Z's wearing to the office this fall.
▼ + stars: | 2024-09-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Gen Z workers are redefining office dress codes with their fall fashion trends. AdvertisementCharli XCX may have painted this summer "Brat" green, but a new season — and thus new style trends — are upon us. As a result, office fashionistas are building their fall work wardrobes. As for "Brat Summer," Rose compared it to the pink craze sparked by "Barbie" summer in 2023, which she said faded away by September last year. The office encourages employees to wear what they want, and Butler takes full advantage by expressing her street style.

Persons: —, what's, Zers, Jordan Booker, Jordan Booker Booker, Booker, Ralph Lauren, he's, Bella Hadid, Syndey Rose, Sydney Rose, Sydney Rose Rose, Rose, Barbie, Tealoni Butler, Butler, Tealoni Butler Butler Organizations: Service, Business, Nike, Sydney Locations: Patagonia

☆ Nike on deck to report earnings
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike on deck to report earningsSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Nike as the company prepares to report its earnings next week.

Persons: Steve Grasso, Grasso, Tim Seymour, Julie Biel, Kayne Anderson, Mike Khouw Organizations: Nike, Grasso Global, Asset Management

☆ Nike has to get back on its product innovation game, says Oppenheimer's Brian Nagel
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike has to get back on its product innovation game, says Oppenheimer's Brian NagelBrian Nagel, Oppenheimer Senior Analyst, joins 'Closing Bell: Overtime' to discuss his look ahead to Nike next week.

Persons: Oppenheimer's Brian Nagel Brian Nagel, Oppenheimer Organizations: Nike

SKIP AHEAD Methodology | How we tested Hoka walking shoes | The best Hoka walking shoes | What’s so great about Hoka sneakers? How we tested Hoka walking shoesWhile testing Hoka walking shoes, we considered the following factors:Activity: We wore each sneaker while walking varying distances and for varying periods. Arch support : There are two main categories that shoes fall into: cushioning shoes and stability shoes. Material : We tested Hoka walking shoes between July and September to see how well they regulated our feet’s temperature. The best Hoka walking shoesAll the Hoka walking shoes we tested and recommend below are available in men’s and women’s sizes, as well as standard and wide widths.

Persons: I’ve, Hoka, it’s, Dr, Anne Sharkey, North Austin Foot, Sharkey, they’re, Cory Fernandez, Fernandez, “, ”, Zoe Malin, There’s, Jordan Bowman, Bowman, wasn’t, That’s, Hoka’s, Nikki Brown, ” Brown, Mili Godio, Brown, Lindsay Schneider, “ They’re, Schneider, Bianca Alvarez, ” Alvarez, Alvarez, Hokas Rebecca Rodriguez, Rodriguez, Rodriguez’s, Zoe Malin What’s, “ Hoka, Brooks, Max, Glycerin Max, there’s, TikTok Organizations: NBC, North Austin, Institute, Zappos, Hoka Clifton, Clifton, Bondi, Transports, Brooks, Nike, Facebook, Twitter Locations: New York City, cushioning, men’s, New York

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Micron, Nike, Meta, Microsoft, First Solar, Tesla & more
▼ + stars: | 2024-09-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."

Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China

☆ Trademark dispute emerges over Tiger Woods' new logo
▼ + stars: | 2024-09-26 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf's new apparel and footwear brand "Sun Day Red" at Palisades Village on February 12, 2024 in Pacific Palisades, California. Tigeraire , a company that makes cooling products for athletes, has filed a notice of opposition with the U.S. Patent and Trademark Office, alleging that Sun Day Red and Tiger Woods have "unlawfully hijacked" Tigeraire's design into their own branding. Tiger Woods' new logo for his Sun Day Red golf apparel line is facing a trademark dispute. TaylorMade Golf, the company behind Sun Day Red, told CNBC, "We have full confidence in the securitization of our trademarks." Sun Day Red was launched in May, following Woods' 27-year partnership with Nike.

Persons: Tiger Woods, Woods, he's Organizations: Tiger, U.S . Patent, Sun, CNBC, Nike Locations: Pacific Palisades , California

☆ Nike's new CEO is a company lifer — but an expert explains why that's not a great idea now
▼ + stars: | 2024-09-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

Nike's new CEO, Elliott Hill, started as an intern and climbed the corporate ladder over 30 years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNike's incoming CEO is no stranger to the sports apparel company, beginning as an intern and working his way all the way up to the top spot.

Persons: Elliott Hill, —, John Donohoe Organizations: Service, Nike, Business

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Disney, Ford, General Motors, Duolingo, Roblox, Alphabet & more
▼ + stars: | 2024-09-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo upgrades Baker Hughes to overweight from equal weight Wells says it likes the oil service company's business model. Morgan Stanley upgrades AutoNation to overweight from equal weight Morgan Stanley says AutoNation is well positioned in a bumpy macroeconomic environment. Morgan Stanley reiterates Apple as overweight Morgan Stanley says it's remaining cautious after checks of iPhone 16 demand for Apple. Morgan Stanley downgrades Ford to equal weight from overweight and General Motors to underweight from equal weight Morgan Stanley downgraded several automakers on Wednesday and said it's concerned about market share losses. Morgan Stanley reiterates Nike as equal weight Morgan Stanley raised its price target on Nike to $82 per share from $79 ahead of earnings on October 1.

Persons: Wolfe, Sallie Mae, it's bullish, Wells, Baker Hughes, Piper Sandler, Tesla, Piper, Morgan Stanley, AutoNation, Mike Manley, Duolingo, MARA, CORZ, Piper Sandler downgrades Tyson, it's, Oppenheimer, GOOG's, Baird, Locker Baird, Apple, TD Cowen downgrades Expedia, Cowen, Goldman Sachs, Goldman, Morgan Stanley downgrades Ford, Roblox Organizations: APO, Bank of America, Macquarie, Tyson Foods, Barclays, Hewlett Packard Enterprise, DOJ, Google, Foot, Apple, ISI downgrades, Pacific, Evercore, UNP, Disney, JPMorgan, Oil & Gas, Petrobras, Motors, GM, Citi, Investors, Nike Locations: CLSK, Foot Locker, Mexico, China, Fortnite

☆ Nike sneaker ad labeled ‘misleading’ for marketing $35 kids’ shoes to adults
▼ + stars: | 2024-09-25 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —A “misleading” online advertisement for $35 Nike sneakers has been banned in Britain for failing to make clear that the product was actually targeted at children and therefore the offer didn’t represent a true discount for adults. The ad appeared on the X account of The Sole Supplier, an online marketplace selling footwear and clothing from several major brands, in December 2023, the regulator said in its ruling Wednesday. Nike (NKE) said the ad was created and published by The Sole Supplier “without any (of its) input or oversight,” the ASA noted. The Sole Supplier, for its part, said it was open to considering how to display sizing information “more prominently” in future ads, the ASA said. The Sole Supplier did not immediately respond to a request for comment.

Persons: ’ Organizations: London CNN, Nike, Advertising Standards Agency, ASA, CNN, Markets Authority Locations: Britain, United Kingdom, United States

Although he increased his price target to $150 from $130, the new price target is just around $2 higher from Tuesday's close price. — Fred Imbert 6:46 a.m.: Citi raises Roblox price target Citi is bullish on Roblox's long-term prospects in spite of some near-term rockiness. — Hakyung Kim 5:42 a.m.: Piper Sandler raises price target on Tesla Piper Sandler thinks Tesla may sell more vehicles than the firm previously expected. With this in mind, he raised his price target on Tesla shares to $310 from $300, signaling about 22% upside from Wednesday's close. TSLA YTD mountain TSLA year to date — Hakyung Kim 5:42 a.m.: Barclays upgrades Hewlett Packard Enterprise Rising demand for artificial intelligence servers will boost Hewlett Packard Enterprise shares, according to Barclays.

Persons: Piper Sandler, TD Cowen downgrades Expedia TD Cowen, Kevin Kopelman, Kopelman, EXPE, — Hakyung Kim, Morgan Stanley, Ford Morgan Stanley's Adam Jonas, Jonas, Ford, Fred Imbert, Jason Bazinet, we're, Bazinet, Roblox, Alex Straton, Straton, JPMorgan, Rodolfo Angele, Angele, Tesla Piper Sandler, Tesla, Alexander Potter, Potter, Hakyung Kim, Tim Long, HPE, Long Organizations: CNBC, Barclays, Hewlett Packard Enterprise, U.S, Ford Motor, GM, Citi, Nike, JPMorgan, Petrobras, Tesla, Hewlett, Enterprise, Juniper Networks Locations: China, U.S, Tuesday's, XLK

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