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Nasdaq
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
Jamie Dimon Warns UK Against Bank Tax Hike: Could Higher Taxes Push Finance Jobs and Investment Abroad?
Jamie Dimon Warns UK Chancellor Against Higher Bank Taxes JPMorgan Chase CEO Jamie Dimon has issued a fresh warning to the UK’s new Chancellor, John Healey, over proposals to increase taxes on banks, arguing that a less competitive tax environment could ultimately push financial jobs and investment away from Britain. Dimon’s intervention comes ahead of...
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
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
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...
Dow Jones
Why Millions of Investors Are Buying This One Vanguard ETF Instead of Chasing Hot Stocks
Why Millions of Investors Are Buying This One Vanguard ETF Instead of Chasing Hot Stocks As artificial intelligence stocks like AMD, Nvidia, and Palantir continue making headlines, many long-term investors are taking a completely different approach. Instead of trying to predict the next market winner, they’re putting money into one of Vanguard’s lowest-cost exchange-traded funds—the...
Dow Jones
SpaceX Stock Slides Nearly 40% Before First Earnings Report as Investors Face a $225 Billion Make-or-Break Moment
SpaceX Stock Slides Nearly 40% Before First Earnings Report as Investors Face a $225 Billion Make-or-Break Moment SpaceX is heading into its first-ever earnings report as a public company with investors already on edge. The stock has fallen sharply from its post-IPO peak, valuation concerns are intensifying, and the market is preparing for potentially extreme...
Business
Dow Surges Nearly 800 Points as Hormuz Deal Hopes Collide With Iran Denial and SpaceX Earnings
Dow Surges Nearly 800 Points as Hormuz Deal Hopes Collide With Iran Denial and SpaceX Earnings Wall Street is racing higher as investors digest two powerful catalysts at once: renewed hopes that the Strait of Hormuz could reopen and a blockbuster earnings reaction from Palantir, while SpaceX prepares to deliver its first earnings report as...