Nike (NKE) releases fiscal second quarter results after the closing bell on Thursday. The earnings report will be the athletic wear company's first since Elliott Hill took over as CEO. Morning Brief co-hosts Seana Smith and Brad Smith examine what investors need to know ahead of Nike's earnings release. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.
Holland America Line is cruising into the annual wave booking season with the "Start Your Journey Sale". Starting Dec. 19, 2024, travelers can take advantage of the cruise line's wave offer and receive balcony upgrades, bonus amenities, reduced deposits and exceptional savings — with cruise fares starting at just $129 per person, per day.
Payroll services company Paychex, Inc (NASDAQ:PAYX) shares are trading higher after the company reported second-quarter results. The company reported sales growth of 5% year over year to $1.316 billion, which aligns with the analyst consensus estimate. Adjusted EPS of $1.14 (+6% YoY) beat the analyst consensus estimate of $1.13. Management Solutions revenue rose 3% to $962.9 million, driven by client growth and higher product penetration. PEO and Insurance Solutions revenue grew 7% to $317.9 mil
Ark Invest has sold 13,780 shares of Coinbase, valued at approximately $3.9 million, as part of a rebalancing strategy within its Fintech Innovation ETF (ARKF).
As the U.S. stock market attempts to rebound from a recent Fed-induced downturn, investors are closely monitoring growth companies with strong insider ownership, which can indicate confidence in their future potential. In this environment, stocks that demonstrate significant earnings growth alongside high insider stakes may present compelling opportunities for those looking to navigate market volatility effectively.
Alibaba's cloud surge, strategic expansion & China's monetary shift signal potential recovery. Watch BABA as 2025 shapes up as a pivotal year for the tech giant.
The company, best known as the owner of Olive Garden, reported a better performance at its casual restaurants and tougher times at more costly outlets.