截至北京时间23:00，道琼斯指数涨近0.6%，纳斯达克指数涨近1.2%，标普500指数涨近1%。 科技七巨头多数上涨，英伟达涨超3%，微软、谷歌、特斯拉、亚马逊小幅上涨。 美光科技的强劲业绩继续带飞存储概念股，闪迪大涨近10%，美光科技股价一度触及历史新高268.38美 元，截至发稿涨幅回落至6.4%，甲骨文涨近6%。 热门中概股多数上涨，纳斯达克中国金龙指数涨超1%，中金科工业大涨超17%，小马智行涨近8%，小 鹏汽车、禾赛科技、拼多多涨超6%。 消息面上，拼多多今日宣布调整公司治理结构，实行联席董事长制度，并任命赵佳臻为联席董事长，与 陈磊共同担任联席董事长兼联席CEO。 知名个股方面，体育用品巨头耐克的股价开盘大跌，现大跌近10%，创下今年4月以来新低。 消息面上，耐克最新财报显示，2026财年第二季度（截至11月30日），净利润同比大降32%。同时，该 公司预计第三季度的营收将出现下滑。 据券商中国报道，有分析师表示，耐克的业绩，未能令投资者信服其业务正在复苏。 12月19日，美股三大指数集体高开，科技股大涨，热门中概股普涨；黄金白银走势分化，比特币站上 88000美元，加密货币市场近15万人被爆仓 ...

Core Viewpoint - Nike (NKE) experienced a significant drop of 8.6% in early trading on Friday despite reporting Q2 revenue for fiscal year 2026 of $12.43 billion and earnings per share of $0.53, both exceeding expectations. The decline in stock price is attributed to a 17% decrease in sales in the Greater China region and profit margin pressure from tariffs, while the North American market saw a growth of 9% [1][2]. Financial Performance - Q2 revenue for fiscal year 2026 was reported at $12.43 billion [1][2]. - Earnings per share (EPS) were $0.53, which surpassed market expectations [1][2]. Regional Sales Performance - Sales in the Greater China region decreased by 17% [1][2]. - The North American market experienced a growth of 9% [1][2].

Core Insights - Nike is experiencing a decline in its cultural relevance in the Chinese sneaker market, leading to a 9% drop in stock after disappointing Q2 fiscal results [1][2] - Sales in Greater China fell by 17% to $1.42 billion, contrasting with a 9% increase in North America sales to $5.63 billion [1] Company Strategy - Nike's CEO acknowledged the need to "reset" the company's approach to the China marketplace, emphasizing the urgency of addressing lagging areas, particularly in China [2][5] - The company has made some progress in reducing promotions and improving inventory management, but deeper cultural challenges remain [6] Cultural Relevance - Analysts highlight a "systemic cultural lag," indicating that Nike must move beyond traditional sports marketing to connect with the cultural values and lifestyle aspirations of China's younger generation [7] - The rise of the "Guochao" movement, which celebrates Chinese heritage, has led younger consumers to favor local brands like Anta and Li-Ning, which create culturally relevant campaigns [7][8] Competitive Landscape - Local competitors are successfully engaging younger consumers through culturally relevant marketing and digital experiences, while Nike's messaging feels outdated [8][9] - Geopolitical tensions are also influencing consumer preferences, pushing them towards domestic brands [9] Digital Engagement - Nike is lagging in digital engagement, relying on traditional marketing channels, which limits its visibility among Gen Z shoppers who prefer discovering brands through apps and marketplaces [10][11] - Rivals like Lululemon and Adidas are leveraging local collaborations and community engagement to connect with consumers more effectively [10]

*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet. Information in Investor's Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, o ...

Core Insights - Nike's stock dropped nearly 10% following a significant decline in profits, attributed to an anticipated $1.5 billion impact from tariffs and a slowdown in the Chinese market [1][4][5] Financial Performance - In Q2 of fiscal year 2026, Nike's revenue increased by only 1% to $12.4 billion, while net income fell by 32% to $792 million, resulting in diluted earnings per share decreasing from $0.78 to $0.53 [2][4] - Gross margin decreased by 300 basis points to 40.6%, primarily due to higher tariffs and excess inventory in China [5] Regional Performance - North America showed resilience with a 9% revenue increase to $5.6 billion, driven by a 24% rise in wholesale, despite a 16% decline in Nike Digital [6][8] - In contrast, revenue in China plummeted by 17% to $1.4 billion, with EBIT dropping by 49%, and direct sales falling by 18%, including a 36% decline in Nike Digital [9][11] Strategic Initiatives - The company is focusing on margin expansion as a top priority, with plans to cut classic footwear franchises by over $4 billion by the end of the fiscal year, which is expected to create a $550 million headwind in revenue for the quarter [5][10]

Market Overview - U.S. stock markets opened higher on December 19, 2025, following a volatile week, with major indexes buoyed by cooler-than-expected inflation data for November, raising hopes for potential Federal Reserve rate cuts in the new year [1][2] - The S&P 500 Index opened at 6,792.62 points, up 17.86 points or 0.26 percent, while the Nasdaq Composite Index opened at 23,121.90 points, up 115.54 points or 0.50 percent, and the Dow Jones Industrial Average opened at 47,974.82 points, up 22.97 points or 0.05 percent [2] Economic Outlook - The Federal Reserve cut interest rates by a quarter-point to a range of 3.50%-3.75% during its final meeting of 2025, but further cuts are not guaranteed without significant weakening in the job market [3] - Economic reports are expected to be viewed with skepticism due to distortions caused by a recent government shutdown [3][4] Upcoming Economic Data - Key economic data releases include Final GDP q/q, Core PCE Price Index, Existing Home Sales, and Revised UoM Consumer Sentiment, which are critical for assessing inflation and consumer behavior [4] Quadruple Witching Impact - "Quadruple witching" is occurring today, with a record $7.1 trillion in options expiring, which could lead to increased market volatility [5] Corporate Developments - Oracle (ORCL) shares rose 5.5% on news of a potential joint venture with ByteDance for TikTok's U.S. operations, granting American investors a controlling stake [6] - Micron Technology (MU) shares jumped nearly 5% after a strong earnings report, with a 10% surge the previous day, driven by demand for AI memory solutions [7] - Nike (NKE) shares fell over 10% due to weaker-than-expected revenue from China and higher tariffs impacting gross margins [8] - FedEx (FDX) reported revenue of $23.47 billion and adjusted earnings per share of $4.82, but shares remained flat [9] - Winnebago (WGO) shares soared 12% after strong fiscal first-quarter results and an increased full-year outlook [9] - Darden Restaurants (DRI) reported second-quarter revenue of $3,102.1 million, exceeding estimates, leading to a 1.8% rise in shares [10] - Cintas Corporation (CTAS) shares gained 1.3% after reporting earnings of $1.21 per share, beating expectations [10] - Enerpac Tool Group Corp. (EPAC) shares declined 8.8% after missing earnings estimates [10] Global Economic Developments - The Bank of Japan raised its key policy rate to 0.75%, the highest since 1995, contributing to a rise in global shares [11]

来源：滚动播报 甲骨文涨4.0%，TikTok与甲骨文等签订协议，成立一家美国合资公司。耐克跌10.1%，Q2净利润跌超三 成，大中华区业务继续承压。云基础设施技术公司CoreWeave涨4.5%，花旗给出的目标价较当前水平翻 倍。拼多多涨6.0%，宣布调整公司治理结构实行联席董事长制度。 ...

Core Viewpoint - Nike Inc. is experiencing a decline in sales, particularly in China and its Converse brand, leading to a forecast of low-single digit revenue decrease for the upcoming quarter after two periods of growth [1]. Group 1: Sales Performance - Converse sales dropped by 30% in the latest quarter, while sales in Greater China fell by 17% [2]. - Nike's stock fell as much as 11% in a single day, marking the largest intraday decline since April [2]. - The stock has decreased by 13% year-to-date and is on track for its fourth consecutive annual decline [3]. Group 2: Market Challenges - The company is facing significant challenges in China, where it has reported declining store traffic and difficulties in selling older inventory [4]. - The Chinese market has shifted to being discount-driven due to an economic slowdown, property crisis, and job market uncertainties, impacting consumer spending [6]. - Nike is struggling to deliver standout products that resonate with sophisticated Chinese consumers who prioritize experiences and niche performance features [6]. Group 3: Strategic Focus - CEO Elliott Hill indicated that Nike's recovery will not be linear, emphasizing the need for decisive action to address lagging areas, particularly in China [4]. - The company is concentrating its efforts on major cities like Beijing and Shanghai while refining its product assortment to better meet market demands [4]. - Analysts have noted that while progress is being made, the recovery in China is taking longer than anticipated, leading to price target cuts for Nike's stock [3].

Nike Inc. (NYSE:NKE) struck a cautious tone during its earnings conference call, pushing stock lower in premarket trading Friday as investors weighed a solid second-quarter performance against a softer near-term outlook and rising margin pressures.Nike reported second-quarter revenue of $12.43 billion, topping estimates, while earnings per share came in at 53 cents, well above the 38-cent consensus. Nike Brand revenue edged up 1% to $12.1 billion.Strength in wholesale helped offset ongoing channel shifts, w ...

Core Viewpoint - Nike's stock dropped over 10% in pre-market trading following the release of its Q2 fiscal year 2026 earnings report, which showed mixed results with a slight revenue increase but a significant decline in net profit [1] Financial Performance - For the second quarter ending November 30, 2025, Nike reported revenue of $12.4 billion, reflecting a year-over-year growth of 1% on a reported basis, and flat growth when excluding currency effects, surpassing market expectations [1] - Net profit fell to $800 million, a decrease of 32% compared to the previous year, with earnings per share at $0.53, down from $0.78 year-over-year [1] Market Performance - North America showed strong performance with a revenue increase of 9% year-over-year, driven by a 24% surge in wholesale business, which was a key contributor to overall performance [1] - In contrast, the Greater China region faced recovery challenges, with revenue declining by 17% year-over-year, including a 36% drop in digital business and a 15% decrease in wholesale business, leading to a 49% decline in EBIT [1]