Nike’s China Sales Plunge 30% as Local Rivals Gain Ground
Nike, once the top-selling sneaker brand in China, has seen sales in the country fall roughly 30% as domestic competitors take market share. Here’s what’s driving the decline.
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Nike, once the top-selling sneaker brand in China, has seen sales in the country fall roughly 30% as domestic competitors take market share. Here’s what’s driving the decline.
Visa plans to cut about 2,600 jobs, or 7% of its workforce, as CEO Ryan McInerney points to AI as a factor reshaping how work gets done at the payments giant.
Equifax beat second-quarter earnings estimates but its stock still fell 7% after weak guidance pointed to a slowdown in mortgage lending. Here’s what it means for borrowers.
3M shares jumped 7% after the industrial giant beat second-quarter earnings estimates and raised its full-year profit guidance. Here’s what happened.
American Airlines cut its 2026 earnings forecast Thursday, citing rising fuel costs, sending its stock down 8%. Here’s what happened and what it means going forward.
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See every 2026 NYSE and Nasdaq holiday closure and early-close day in one place, plus how to quickly check whether U.S. markets are open today.
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