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The e-commerce giant also will use the $600 million it has recouped from invalidated tariffs to lower prices for shoppers, per a Thursday earnings call.

Wall Street is set to open higher on Thursday as strong Microsoft results helped technology stocks recover from their sharp post-Federal Reserve sell-off. Dow Jones futures were up 225 points, or 0.4%, while S&P 500 futures pointed to a 0.6% gain and the Nasdaq was called 1.3%...

HANOI, July 24 () - Vietnam faces higher U. tariffs than peers and risks a further erosion of competitiveness in the clothing sector, as the largest ‌exporter of apparel to the U.

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

Collections ease cash-flow pressure but trade risks remain

Apparel giants face declines as weak demand, tariffs, excess inventory and restructuring challenges pressure the industry.

Nearly three-quarters of last quarter's earnings came from a one-time tariff refund. Strip it out, and the picture gets more interesting.

The sportswear brand has collected more than $300 million in refunds for the invalidated levies, as of the quarter ending May 31.

Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.

Nike’s stock clawed back most of a steep post-earnings drop this week. Days later, a convenience store chain filed a federal lawsuit trying to block one of Nike’s biggest sneaker launches of the summer. The two storylines are unfolding almost simultaneously, but they have nothing to do with each ...

7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...

The key indexes had strong weekly gains, but AI stocks faltered amid Meta buzz. Tesla fell on a blowout deliveries report.

The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday’s open felt like a nervous glance at the door. CNBC’s Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on. Chu flagged the labor data. ... The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow

Nike stock hit a 12-year low as a one-time tariff refund masked weak sales and analysts cut targets. Here are the key levels to watch.

Futures fell amid key jobs data and with Fed chief Kevin Warsh due. Bloom Energy, Nike and SpaceX are early movers.

A one-time $986 million tariff recovery drove most of the EPS and margin beat

Investing.com - U.S. stock futures pointed lower on Wednesday as investors awaited fresh remarks from Federal Reserve Chair Kevin Warsh and monitored uncertain peace talks between the United States and Iran.

The main US stock measures were pointing lower in Wednesday's premarket activity as traders await ke

The stock market, and technology names in particular, were falling ahead of the open Wednesday after a strong performance in the previous session.

Excluding a one-time tariff recovery benefit, Nike earned 20 cents a share in its fiscal fourth quarter, beating estimates of 13 cents

Net income increased by just over four times, or 407%, to $1.06bn in the quarter.

Stocktwits data showed retail sentiment around SPY was ‘bearish’, while QQQ sentiment remained ‘bullish.’

Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.But company officials said sales had picked up in June, citing a lift from the World Cup, as well as the pullback in gasoline prices after the US-Iran memorandum of understanding on ending the war.

Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's ea

Investing.com -- Nike beat Wall Street estimates for fourth-quarter revenue and adjusted profit on Tuesday, helped by growth in its wholesale business and a one-time tariff-related benefit, even as its direct-to-consumer business remained under pressure.

Net sales in the quarter tallied $10.97 billion, down 1 percent from the same time last year.

Investors will turn to Thursday’s employment data this week as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that a new Trump-appointed Fed chairman would lower rates.

After a roller-coaster week in the markets, thanks to flip-flopping sentiment about AI spending, investors will get plenty more action on the calendar as we enter jobs week.

An annual report finds donations to nonprofits rose by 3% in inflation-adjusted dollars to $617.2 billion in 2025

Investors will turn to Thursday’s employment data as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that the new Trump-appointed Fed chairman would lower rates.