Core Insights - NIKE, Inc. is facing challenges in footwear demand due to shifting consumer preferences and macroeconomic factors, leading to a decline in classic footwear sales while performance categories show growth [2][3][9] Footwear Demand and Market Trends - Footwear demand has been sluggish, particularly in classic sneakers and bulky dad shoes, influenced by inflation and consumer price sensitivity [2] - NIKE's classic footwear franchises are projected to decline by more than 10 percentage points as a part of its overall footwear mix [3] - The company expects total unit volumes to drop in double digits, particularly in the Dunk franchise [3][9] Revenue Projections - Footwear revenues for NIKE are expected to decline by 13.1% year-over-year in fiscal 2025 and by 3.3% in fiscal 2026 [4] - The Zacks Consensus Estimate indicates a year-over-year earnings plunge of 21.3% for fiscal 2025, followed by a growth of 54% in fiscal 2026 [11] Competitive Landscape - Competitors like adidas and lululemon are intensifying their efforts in the footwear market, posing a threat to NIKE's dominance through innovation and targeted market expansion [5][6][7] - adidas is focusing on collaborations and marketing to enhance its brand presence, while lululemon is developing its footwear line with a focus on biomechanics and gender-specific designs [6][7] Stock Performance and Valuation - NIKE shares have gained 2.2% year-to-date, contrasting with a 1.5% decline in the industry [8] - The company trades at a forward price-to-earnings ratio of 41.68X, which is higher than the industry average of 30.63X [10]

Atlanta Fed President Raphael Bostic called for patience amid uncertainty over economic policy and said a wait-and-see approach can help to ensure officials don’t have to reverse course on rates https://t.co/x9V0tKQCRO ...

First, let's get some breaking uh economic data just crossed. Rick Santelli has that for us. Rick.Yes. And there's a lot of it. If we look at the factory orders, durable goods, let's start there.Factory orders for May up 8.2%. Up 8.2%. I have five years here. I don't have a higher number. That is a huge number.And that follows a slightly revised minus 3.7% that moves to minus 3.9%. We started out the year in single digits. It certainly seems though this is telling us that all the trade pulled forward may in ...

Core Insights - The transaction involves a USD 120 million syndicated loan for Sudameris Bank, aimed at accelerating its expansion in Paraguay by broadening financing options for SMEs and corporations [2][6] - The loan was oversubscribed, indicating strong market appetite and confidence in Paraguay's macroeconomic stability and Sudameris' growth strategy [5] Group 1: Transaction Details - The loan was successfully closed by Banco Latinoamericano de Comercio Exterior (Bladex) and involved ten financial entities, with six participating for the first time, enhancing Sudameris' network of international partners [2][3] - Bladex demonstrated agility and technical expertise by structuring and coordinating the loan in under two months, capitalizing on favorable market conditions [4] Group 2: Institutional Impact - Proceeds from the loan will enable Sudameris to enhance its institutional growth by expanding financing opportunities for small and medium-sized enterprises and corporations [6] - Sudameris Bank is recognized as the leading lender to the productive sector in Paraguay, particularly in industrial, livestock, and agricultural segments, reinforcing its role in the country's economic development [9] Group 3: Strategic Partnerships - The transaction underscores the long-standing strategic partnership between Bladex and Sudameris, aimed at strengthening Paraguay's financial system and promoting regional economic growth [3][7] - Both institutions are committed to creating financial solutions that support sustainable economic development in Latin America [7][8]

When we see such a positive jobs report, 147,000 jobs and a lower unemployment level, what is this. What is driving this. Good morning.Thanks for having me. Look, you know, as you said a moment ago, you know, this report was better than 78 out of the 79 forecasts that came into into the Bloomberg consensus range, the Bloomberg forecast. And so what we see is an economy that continues to defy it, continues to defy expectations, continues to defy, you know, all the doom and gloom that's out there, whether it' ...

What on earth do you do with this one this morning. You know, Jonathan, I haven't heard you say it yet, but, you know, this is a great example of where the first reaction is, not necessarily the last reaction. I think we've got to rewrite these headlines, everybody.This is about the private payrolls and private payrolls. Disappointed to the downside. Mike, Mickey just talked about the upside surprise.It's government and that may be surprising. Federal government was down. That's not surprising. That's doege ...

US stock futures advanced after data showed job growth exceeded expectations, boosting investors’ confidence in the health of the economy https://t.co/JejTEoqWrk ...

Turn now to CNBC's Dom Chu for more on the economic impact of this bill. U Dom with news that it looks like this bill will pass a short time from now. How are markets reacting.What does Wall Street think about the impact here. So that's the lens that we're looking at all of this through Willie and to be fair, we've been watching it happen over the course of the last several weeks because the market does become for for whatever it is a kind of handicapping or discounting mechanism for everything that's devel ...

Are there going to be marketked market implications given what we already know about the big beautiful bill. There certainly will. I think the biggest one will be removing some uncertainty.So I think it's been pretty consensus that the bill would get through. I think that's why you're seeing a little bit of a muted reaction this morning. Um I think most corners will will be breathe a sigh of relief.And the main thing is we set the playing field for the second half of the year. So we'll know what the legisla ...

As Republicans work to pass President Trump's mega bill in the House, our next guest has spoken out against it, calling it a quote nightmare for working families. Joining us right now is Democratic governor of Maryland, West Moore in the House at the table. Good morning to you, sir. Good morning.This thing seems like a fa plea. I mean, Hakeim Jeff is speaking. We'll see how long he can keep that going.Uh, but when he stops, it sounds like this is going to happen. Uh, you have been very critical of it. In so ...