Category
Finance
Stories and analysis from The Business Now newsroom.
Business
Nike Stock Down 35%: China Crisis Deepens — Is NKE a Bargain or a Dangerous Value Trap?
Nike Stock Is Falling — But Is This Finally the Buying Opportunity Investors Have Been Waiting For? Nike (NYSE: NKE) is facing a problem that goes far beyond a weak quarter. The world’s most recognizable sportswear brand is trying to rebuild growth while dealing with declining sales in China, weaker direct-to-consumer revenue, intense competition and...
Business
Trump Threatens Oman Over Strait of Hormuz as US-Iran Talks Reach Critical Point
Trump Threatens Oman as Strait of Hormuz Crisis Deepens US President Donald Trump has issued a stark warning to Oman, saying the United States could take military action if Oman interferes with Washington’s efforts to control shipping through the strategically important Strait of Hormuz. The comments, reported on August 17, come at a highly sensitive...
Business
AI Leverage Warning: The Same Big Tech Stocks Are Powering a Growing Market of Leveraged ETFs
AI Leverage Warning: The Same Big Tech Stocks Are Powering a Growing Market of Leveraged ETFs AI stocks have become more than a dominant force in the equity market—they are increasingly sitting underneath leveraged exchange-traded products that can magnify daily gains and losses. That concentration is creating a new source of market sensitivity: when the...
Commodities
U.S.-Iran Deal Could Be Closer Than Trump’s Rhetoric Suggests: Pakistan Says Hormuz Talks Near Breakthrough
U.S.-Iran Deal Could Be Closer Than Trump’s Rhetoric Suggests: Pakistan Says Hormuz Talks Near Breakthrough Pakistan says the United States and Iran may be closer to an agreement than President Donald Trump’s latest hard-line statements suggest, raising fresh hopes that a diplomatic path could eventually reopen the Strait of Hormuz and ease pressure on global...
Business
U.S. Debt Alert: Treasury Is Paying More Than $3 Billion a Day in Interest as Deficit Heads Toward $2.1 Trillion
U.S. Debt Alert: Treasury Is Paying More Than $3 Billion a Day in Interest as Deficit Heads Toward $2.1 Trillion America’s fiscal picture is coming under renewed pressure as the federal government faces rapidly rising interest costs and another enormous annual deficit. New Congressional Budget Office figures show that net interest on debt held by...
Business
Anthropic’s $9.1 Billion Riot Platforms Deal Changes the AI Data-Center Game — Is RIOT the Next AI Infrastructure Winner?
Anthropic’s $9.1 Billion Riot Platforms Deal Changes the AI Data-Center Game — Is RIOT the Next AI Infrastructure Winner? Anthropic has signed a massive 20-year data-center agreement with Riot Platforms. The deal could generate $9.1 billion in revenue for Riot, with the potential value rising to $16.1 billion if extension options are exercised. But the...
Business
Legal & General Beats Expectations as Pension Boom Powers Profit Surge — What Happens Next for LGEN Stock?
Legal & General Beats Expectations as Pension Boom Powers Profit Surge — What Happens Next for LGEN Stock? Legal & General Group (LGEN) has given investors a fresh reason to look closely at the UK insurance and retirement sector after reporting a stronger-than-expected first-half performance, with pension risk-transfer deals once again emerging as one of...
Business
Oil Prices, Fed Rate Cut Bets, and Iran Sanctions Collide—Why Global Markets Just Entered a Critical Turning Point
Oil Prices, Fed Rate Cut Bets, and Iran Sanctions Collide—Why Global Markets Just Entered a Critical Turning Point A series of major developments in the U.S. economy and global energy markets unfolded within hours, creating one of the most significant trading sessions in recent weeks. Weaker-than-expected private hiring, a sharp rise in U.S. crude oil...
Business
CVS Health Raises Full-Year Outlook After Strong Earnings Beat and Eli Lilly Weight-Loss Drug Deal
CVS Health Raises Full-Year Outlook After Strong Earnings Beat and Eli Lilly Weight-Loss Drug Deal CVS Health surprised Wall Street with stronger-than-expected second-quarter results, boosted its full-year earnings guidance, and unveiled a strategic partnership with Eli Lilly that could strengthen its position in the fast-growing weight-loss drug market. The combination of improving insurance performance, solid...