Track market-moving stories before they get noisy

Investors in Bentley Systems, Incorporated (BSY - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $17.5 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Bentley Systems shares, but what is the fundamental picture for the company? Currently, Bentley Systems is a Zacks Rank #3 (Hold) in the Internet – Software industry that ranks in the Top 33% of our Zacks Industry Rank. Over the last 30 days, no analyst increased the earnings estimates for the current quarter, while three have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 29 cents per share to 28 cents in that period.

Given the way analysts feel about Bentley Systems right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Albany Engineered Composites, a segment of Albany International Corp. (NYSE: AIN), announced today that Rabih Mansour, Principal Engineer and Technical Fellow,

Curtiss-Wright Corporation (NYSE: CW) expects to release its second quarter 2026 financial results after the close of trading on Wednesday, August 5, 2026. A we

Archer Aviation (ACHR +1.07%), an early mover in the nascent market for electric vertical takeoff-and-landing (eVTOL) aircraft, set a record high of $17.14 per share on Feb. 18, 2021. Today, it trades at less than $5. Is it time to sound the alarm on this fallen stock?

Why did Archer Aviation's stock crash? Before Archer went public through a merger with a special purpose acquisition company (SPAC), it claimed it could produce 10 eVTOLs in 2024 and 250 eVTOLs in 2025. But as of this writing, it has only manufactured two test aircraft and one full-scale Midnight aircraft.

Image source: Archer Aviation.

The Midnight can carry a single pilot and four passengers, travel up to 100 miles, and reach a maximum speed of 150 miles per hour. However, it has a lower top speed and a shorter range than Joby Aviation's (JOBY +3.36%) S4 eVTOL. Joby is also further along in the FAA certification process for its U.S. commercial flights than Archer.

Those setbacks -- along with its lack of meaningful revenue, steep losses, and high valuation -- make Archer a less appealing eVTOL stock than Joby. However, Archer's indicative (non-committal) backlog still swelled to $6 billion at the end of 2025 with pending orders for roughly 1,200 aircraft. Its biggest investor, Stellantis, still plans to help the company ramp up its production after the FAA fully certifies its first commercial flights.

Archer's early customers include United Airlines and Abu Dhabi Aviation, which will use the Midnight for last-mile "airport to home" air taxi flights, and Andruil, which has been co-developing a hybrid eVTOL defense aircraft with the company. Archer believes it can eventually produce 650 aircraft annually with Stellantis after the FAA greenlights its first flights.

Unlike Joby, which will mainly sell its own first-party eVTOLs, Archer plans to produce eVTOLs for third-party customers. Both companies will launch their own first-party air taxi services, but Uber will directly integrate Joby's flights into its Uber Air platform.

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It's too early to sound the alarm Archer's progress is sluggish, and it has clear disadvantages against Joby. But from 2026 to 2028, analysts expect its revenue to rise from $9.5 million to $428.4 million as it ramps up its production. With a market cap of $3.6 billion, it still looks reasonably valued at 7 times its 2028 sales. Joby, with a market cap of $8.5 billion, looks pricier at 19 times its 2028 sales.

Archer's stock probably won't rally until the FAA fully certifies its first commercial flights, but its downside should be limited. Rather than sounding the alarm and declaring it's time to sell, it's probably better to wait and see if it can deliver more eVTOLs over the next few years.

Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends Stellantis. The Motley Fool has a disclosure policy.

NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Helen of Troy Limited (“Helen of Troy” or the “Company”) (NASDAQ: HELE). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Helen of Troy and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 3, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Helen of Troy securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

On July 9, 2024, Helen of Troy announced its 2025 first quarter results, allegedly reflecting a 49% decrease in earnings per share year-over year and reducing its full year revenue outlook by more than 20%. 

On this news, Helen of Troy’s stock price fell nearly 28%.

Then, on July 10, 2025, Helen of Troy announced its 2026 first quarter results, allegedly reflecting a net sales decline of 11% year-over-year and a nearly 60% decline in adjusted earnings per share. The Company also announced a $414.4 million goodwill impairment. On this news, Helen of Troy’s stock price fell nearly 23%.

Finally, on October 9, 2025, Helen of Troy announced its 2026 second quarter results, allegedly revealing that quarterly sales were down 8.9% year-over-year, adjusted earnings per share fell 51%, and business disruptions and cost headwinds would continue throughout the remainder of the year. 

On this news, Helen of Troy’s stock price fell 25%.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980

Is the market underestimating Domino's Pizza (DPZ +0.68%) at roughly 16x earnings, even as it leans on digital ordering, low prices, and smart promotions in an inflationary world? Watch the video below to see why conviction remains strong.

*This video was published on Jun. 17, 2026.

Anthony Schiavone has positions in Starbucks. Jason Moser has positions in Starbucks. The Motley Fool has positions in and recommends Domino's Pizza and Starbucks. The Motley Fool recommends Yum! Brands. The Motley Fool has a disclosure policy.

HOUSTON, June 30, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”, together with its subsidiaries, the “Company”), a space technology, infrastructure, and services leader, today announced it has received a firm-fixed-price contract from NASA valued at up to $148.3 million to deliver a production-line-qualified Nova-C lander to the Moon no later than 2028. The award reinforces NASA’s accelerated schedule for lunar surface deliveries and helps proliferate Moon Base operational sites in support of Artemis.

Pictured: Intuitive Machines’ production-line-qualified Nova-C landers, including IM-2 which is being loaded for transport while IM-3 is in the background in development.

By scaling manufacturing processes to support high-volume production, Intuitive Machines is creating a standardized and repeatable lunar transport utility service. Intuitive Machines’ high-velocity pipeline helps establish the foundational infrastructure required to support NASA’s Moon Base and expand operational sites across the lunar environment.

“We are shifting the paradigm from custom aerospace engineering to commercial mass production of lunar infrastructure,” said Intuitive Machines CEO, Steve Altemus. “Our flight-proven Nova-C platform allows us to build, test, and deploy multiple landers in parallel using industry 4.0-powered manufacturing. This contract directly advances our core mission to provide persistent, reliable, and commercial baseline of transport, connectivity, and operations that allows our customers to stay longer and achieve more on the Moon.”

This award directly expands Intuitive Machines’ space infrastructure footprint, reinforcing the Company’s unique capability to connect resilient navigation networks and operate systems seamlessly across cislunar space. The financial framework of the award includes:

A $68.6 million base contract for mission execution utilizing a lander with proven lunar flight heritage.A $79.7 million performance incentive for the successful demonstration of product-line qualification, guaranteeing a steady, rapid-turnaround supply of landers. Under this award, Intuitive Machines will deliver essential scientific and operational payloads to the lunar surface. These include advanced stereo cameras to analyze surface-plume interactions (SCALPSS), a laser retroreflector array (LRA) for precise cislunar positioning, and a Linear Energy Transfer Spectrometer (LETS) radiation monitor to gather critical environmental safety data.

With this sixth Commercial Lunar Payload Services task order, Intuitive Machines solidifies its position as a primary commercial logistics and transport pipeline to the lunar surface. By managing a large share of commercial lander volume, the Company validates its role as a foundational access layer serving civil, national security, and commercial clients alike.

About Intuitive Machines

Intuitive Machines is a leading space infrastructure company that builds spacecraft, connects networks, and operates infrastructure-as-a-service for commercial, civil, and national security customers.

With a proven track record across the space domain, the Company, through organic growth and portfolio expansion, has built over 300 spacecraft, delivered over 260 kilograms of payload to the lunar surface, and provided precision navigation expertise that has guided spacecraft across our solar system.

These capabilities form an integrated Built-Connect-Operate infrastructure service company, enabling customers to achieve mission and campaign outcomes through a single prime solution. Intuitive Machines’ technology has been demonstrated across the space domain and is engineered to support the next century of opportunity in space.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matters of historical fact should be considered forward looking. These forward-looking statements generally are identified by the words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would,” “strategy,” “outlook,” the negative of these words or other similar expressions, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include but are not limited to statements regarding: our expectations and plans relating to our lunar missions, including the expected timing of launch and our progress in preparation thereof; our expectations with respect to, among other things, demand for our product portfolio, our submission of bids for contracts; our expectations regarding revenue for government contracts awarded to us; our operations, including our performance on future lunar missions, our financial performance and our industry; our business strategy, business plan, and plans to drive long-term sustainable shareholder value; information regarding our expectations on revenue generation and cash. These forward-looking statements reflect the Company’s predictions, projections, or expectations based upon currently available information and data. Our actual results, performance or achievements may differ materially from those expressed or implied by the forward-looking statements, and you are cautioned not to place undue reliance on these forward looking statements. The following important factors and uncertainties, among others, could cause actual outcomes or results to differ materially from those indicated by the forward-looking statements in this press release: our factors detailed under the section titled Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), the section titled Part I, Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations and the section titled Part II. Item 1A. “Risk Factors” in our most recently filed Quarterly Report on Form 10-Q, and in our subsequent filings with the SEC, which are accessible on the SEC's website at www.sec.gov.

Contacts

For investor inquiries:

[email protected]

For media inquiries:

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ecd86c29-5477-4687-b294-813ebd74287f

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Sandisk Corporation (NASDAQ:SNDK) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.

Understanding the Power Inflow Signal

Order flow analytics examine real-time buying and selling behavior by analyzing volume, timing, and order size across both retail and institutional participants. These insights provide a deeper understanding of price action and market sentiment, allowing traders and institutions to make more informed decisions.

SNDK Performance

At the time of the Power Inflow alert, SNDK was trading at $2143.88. Following the signal:

• Intraday High: $2274.36 (+6.09%)

This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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New York, New York--(Newsfile Corp. - June 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026.

SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303535

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cerebras Systems Inc. (“Cerebras” or the “Company”) (NASDAQ: CBRS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Cerebras and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On or around May 14, 2026, Cerebras completed its initial public offering (“IPO”), selling 30 million shares of Class A common stock priced at $185.00 per share. Then, on June 24, 2026, Cerebras reported its financial results for the first quarter of 2026. Among other items, Cerebras reported a loss of $0.22 per share, missing analyst estimates of a $0.16-per-share loss. In addition, Cerebras forecast a narrower gross margin in its core business, excluding impact from customer warrants and data center pass-through revenues.

On this news, Cerebras’s stock price fell $44.46 per share, or 19.61%, to close at $182.26 per share on June 24, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

John Conca talks about SpaceX (SPCX) and its role in the greater space economy. He says as big a name as SpaceX is, he believes the results will vary as volatility continues to grip the stock.

SpaceX is joining the highly tracked Nasdaq 100 Index next week. It's already part of the Russell 1000 Index.

June 30, 2026 16:15 ET  | Source: Laureate Education, Inc.

MIAMI, June 30, 2026 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter ended June 30, 2026, on Thursday, July 30, 2026, before the stock market opens. Following the release, the Company will host a conference call with investors and analysts at 8:30 a.m. ET to discuss the second quarter results and the Company's business outlook.

Interested parties are invited to listen to the earnings conference call by registering here to receive dial in information.

The webcast of the conference call, including replays, and a copy of the earnings release and the related slides will be made available through the Investor Relations section of the Company's website at www.laureate.net.

About Laureate Education, Inc.

Laureate Education, Inc. operates five higher education institutions across Mexico and Peru, enrolling approximately 500,000 students in high-quality undergraduate, graduate, and specialized degree programs through campus-based and online learning. Our universities have a deep commitment to academic quality and innovation, strive for market-leading employability outcomes, and work to make higher education more accessible. At Laureate, we know that when our students succeed, countries prosper, and societies benefit.

Investor Relations Contact:
[email protected]

Media Contacts:

Laureate Education, Inc.
Adam Smith
[email protected]
U.S.: +1 (443) 255 0724

By PYMNTS  |  June 30, 2026

 | 

Amazon has announced several multi-billion dollar cloud/artificial intelligence (AI)-focused public sector initiatives.

The announcements, made Tuesday (June 30) at the 2026 Amazon Web Services (AWS) Summit in Washington, D.C, include specialized infrastructure for defense contractors, migration incentives for intelligence agencies, and a global engineering program for AI deployment.

Among the initiatives is a $1 billion cloud incentive program for the U.S. intelligence community. While AWS is the intelligence services longest-running cloud partner, many workloads have yet to migrate, leading to the launch of this program to “eliminate the migration costs that have kept some locked in on-premises systems.”

In the defense sector, AWS has introduced its Secret Cloud for Industry (ASCI), designed to let defense contractors run contractor-owned classified workloads on the same AWS infrastructure trusted by the Pentagon, “in their own physically and logically isolated environment purpose-built to meet the most demanding security and compliance requirements.”

AWS will also invest $1 billion in Forward Deployed Engineering (FDE), a new global organization that will put thousands of engineers on-site with customers to co-develop AI solutions. This program is aimed at accelerating the development of AI applications from months into days.

“At the center is the AI-Driven Development Lifecycle, a new approach to software development that combines AI-powered execution with human oversight and dynamic team collaboration that builds intelligence for a customer’s next project,” the company said.

In other Amazon news, PYMNTS wrote recently about how the company and rival Walmart had moved past the battle for consumer spending in search of something “even more consequential:” making themselves into the operating systems between shoppers, brands, advertisers and commerce infrastructure.

For Amazon, the report said, that means things like continuing to promote Prime Day as a membership and ecosystem engine rather than merely a shopping event.

For Walmart, it means the expansion of the company’s retail media ambitions via a new partnership with Google and YouTube, offering advertisers more access to Walmart shopper data and closed-loop measurement capabilities.

“Individually, these stories appear disconnected,” the report added. “Collectively, they point toward a single conclusion: the future of retail may depend less on who sells products and more on who controls the systems that influence how products are discovered, marketed and purchased. Amazon found those opportunities in cloud computing, advertising and subscriptions. Walmart sees them in advertising, marketplace services, memberships and data monetization.”

For all PYMNTS AI coverage, subscribe to the daily AI Newsletter.

NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Microsoft Corporation (“Microsoft” or the “Company”) (NASDAQ: MSFT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Microsoft and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until August 11, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Microsoft securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On January 28, 2026, Microsoft announced disappointing results for its fiscal second quarter ended December 31, 2025.  First, during the quarter Microsoft’s Azure growth had slowed suddenly and fallen below analyst expectations.  During the related earnings call, CFO Amy E. Hood revealed that the slower Azure growth was primarily due to computational capacity constraints, as Microsoft had diverted CPU and GPU capacity to Copilot applications and AI-related R&D.  Second, Microsoft revealed that its capital expenditures had increased to $37.5 billion during the quarter, causing Microsoft’s capital expenditures for the first six months of its fiscal 2026 to increase to $72.4 billion compared to $88.2 billion for all of Microsoft’s fiscal 2025.  Third, Microsoft revealed, for the first time, that the number of paid Microsoft 365 Copilot seats totaled only 15 million to date, materially below analyst estimates and a fraction of the more than 450 million commercial Microsoft 365 users.

On this news, the price of Microsoft stock fell nearly 10%.

Then, on February 3, 2026, The Wall Street Journal revealed, in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems,” that severe challenges and functionality issues had plagued Microsoft’s Copilot offerings, leading to Copilot losing market share during the Class Period to competing products such as Google’s Gemini.  The price of Microsoft stock continued to fall in the days after Microsoft’s second quarter 2026 earnings announcement as the market continued to digest the adverse news and sources such as The Wall Street Journal revealed new adverse information.

Thereafter, on March 17, 2026, The Wall Street Journal revealed in an article titled “Microsoft Seeks More Coherence in AI Efforts With Copilot Reorganization” that Microsoft was reorganizing its Copilot product teams to unify commercial and consumer versions partly in response to the challenges revealed by The Wall Street Journal’s prior reporting on Copilot’s problem-plagued development and disappointing customer adoption.

On this news, the price of Microsoft stock continued to fall.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Live Coverage Updates appear automatically as they are published.

Live Updates 47 minutes ago

Live

That wraps up our initial coverage of Nike’s Q4 results. Thank you for stopping by!

Check out management’s earnings call at 5 PM ET for more updates.

52 minutes ago

Live

Nike’s reported $0.72 EPS looks like a massive beat versus Wall Street’s $0.12 estimate, but investors should understand what drove the result.

The company said fourth-quarter earnings included a $986 million benefit from the recovery of tariffs. That one-time item added approximately $0.52 per share to diluted EPS and boosted gross margin by roughly 900 basis points.

Adjusting for that benefit paints a different picture:

Reported EPS: $0.72 Less one-time tariff recovery: $0.52 Adjusted core EPS: $0.20 Likewise, Nike’s reported 49.2% gross margin falls to roughly 40.2% after excluding the tariff-related benefit.

The quarter was still better than expected, but the headline earnings number significantly overstates the underlying improvement in Nike’s core business. Going forward, investors will likely focus on whether Nike can generate sustainable revenue growth and margin expansion without similar tailwinds.

1 hour ago

Live

Nike’s revenue trends showed a business still navigating a challenging consumer environment, with some encouraging pockets of strength. Fourth-quarter revenue totaled $11.0 billion, down 1% from a year ago, as continued weakness in Greater China and EMEA weighed on overall results.

Underneath the surface, however, the sales mix tells a more nuanced story. Wholesale revenue increased 4% to $6.6 billion, driven primarily by growth in North America, while Nike Direct revenue declined 7% to $4.1 billion.

Management said Nike Brand Digital sales fell 12%, while revenue from Nike-owned stores decreased 7%, reflecting continued pressure across its direct-to-consumer business.

Overall, Nike Brand revenue slipped just 0.4% year over year, suggesting the company’s core product portfolio is beginning to stabilize even as certain regions remain under pressure.

Investors will likely be watching upcoming quarters to see whether wholesale momentum continues and whether digital sales can return to growth as Nike’s turnaround progresses.

1 hour ago

Live

While investors will naturally focus on Nike’s earnings beat, the biggest driver of the quarter was a dramatic improvement in profitability. Gross margin jumped 890 basis points to 49.2%, with the company attributing most of the increase to the expected recovery of International Emergency Economic Powers Act (IEEPA) tariffs.

According to Nike, the tariff recovery contributed roughly 900 basis points of gross margin benefit during the quarter and added approximately $0.52 per diluted share to earnings.

That helps explain why EPS came in at $0.72, crushing Wall Street’s $0.12 expectation despite revenue remaining under pressure.

Investors will now be listening closely on the conference call to determine how much of this margin improvement represents a one-time benefit versus a more durable improvement in Nike’s earnings power. If margins remain elevated even as sales recover, it could meaningfully improve the company’s profitability heading into fiscal 2027.

1 hour ago

Live

Nike just reported fiscal fourth-quarter earnings, with shares initially up 2% in after-hours trading. Here are the key numbers:

Key Results Revenue: $10.97 billion vs. $10.84 billion expected EPS: $0.72 vs. $0.12 expected Gross Margin: 49.2% vs. 40.3% a year ago Inventory: $7.50 billion, up 0.2% year over year Nike Brand Revenue: $10.72 billion, down 0.4% year over year Greater China EBIT: $243 million, down 20% year over year Quick Read Nike delivered a solid beat on both revenue and earnings, while gross margin improved sharply year over year. Investors will now focus on fiscal 2027 guidance and management’s commentary on demand trends, particularly in China and North America.

1 hour ago

Live

Beyond the bull/bear setup, four wildcards aren’t fully reflected in the $0.11 consensus.

Four Wild Cards Hiding in Tonight’s Report KeyCorp’s eleventh-hour cut: At 12:13 PM ET today, KeyCorp slashed its Q4 estimate from $0.29 to $0.12, resetting the bar hours before the release. CFO transition: Matthew Friend is stepping down, with former Pfizer CFO David M. Denton taking over. Expect commentary on capital allocation and guidance philosophy. Tax rate normalization: The effective tax rate jumped to 20.0% from 5.9%, a swing that could cut either way on EPS. Dow removal risk: Nike is reportedly on “thin ice” for index removal, an overhang amplifying any soft commentary. With shares at $41.10, sentiment is fragile.

1 hour ago

Live

After falling from roughly $180 at its 2021 peak to around the $40 range, Nike stock now trades at about 22x forward earnings and is approaching 1x trailing sales, a valuation the company hasn’t seen since the depths of the 2008-09 financial crisis.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nike didn't make the cut. Grab the names FREE today.

The question is whether the business can grow into that valuation. Analysts currently expect 22% EPS growth in fiscal 2027, even though revenue is projected to be essentially flat.

If management can show investors that North America is stabilizing, China is improving, and revenue growth is finally returning, the market may begin to price Nike as a recovery story rather than a company still searching for a bottom.

1 hour ago

Live

Nike’s turnaround ultimately comes down to driving revenue growth again.

The company has posted year-over-year revenue declines in six of its last nine quarters, while analysts currently expect another 2% sales decline this quarter.

Investors have shown they’re willing to look past near-term margin pressure, but they need evidence that demand is stabilizing.

For a brand as mature as Nike, sustained revenue growth is likely the clearest signal that the business has turned the corner and will be top of mind among investors tonight.

1 hour ago

Live

With Nike (NYSE:NKE | NKE Price Prediction) reporting after the close, prediction markets price a 90% probability of beating the $0.12 EPS consensus. Here’s how each side frames it.

Bull Case Beat streak: Four consecutive EPS beats, with Q3 surprising by 24.25%. Insider conviction: CEO Hill bought 47,320 shares near $42.26 in April, alongside directors Cook, Rogers, and Swan. Wholesale and North America momentum: North America wholesale grew 11%; Running rose over 20%. Bear Case Profitability eroding: Q3 net income fell 34.51%; gross margin compressed 130 bps. China guidance: CFO Friend guided Q4 China down approximately 20%. Sell-the-news pattern: Shares are down 33.87% YTD, with average 1-week post-earnings change of -3.71%. Converse collapse: -35% YoY, EBIT now a loss. 1 hour ago

Live

With Nike (NYSE:NKE) reporting after the close, here is what to listen for on the call.

Top 5 Analyst Questions Are Win Now actions still on track to finish by calendar year-end? Is Greater China stabilizing after the 10% currency-neutral Q3 decline? When does gross margin inflect in Q2 FY2027? What stops the Converse bleed after the -35% Q3 drop? Can Nike Direct/Digital return to growth? Key Topics & Buzzwords Listen for: “Sport Offense,” “integrated marketplace,” sell-through, NIKE MIND traction. Red Flags EMEA inventory still elevated, withdrawn FY27 guidance, or tariff impact exceeding the guided 250 basis points. With shares -33.87% YTD, tone matters as much as the numbers. 2 hours ago

Live

Nike has already laid out much of its turnaround strategy, making tonight’s earnings report an important bridge to the company’s fall Investor Day.

CEO Elliott Hill recently said the company’s “Win Now” initiatives remain on track to be substantially completed by year-end, with full long-term financial guidance expected this fall.

While analysts expect Nike to earn just $0.11 per share, the bigger key questions for the business are whether gross margins continue to recover, whether sales trends in China show signs of stabilizing, and whether management strikes a confident tone about the pace of the turnaround.

CEO Hill’s recent open-market stock purchase has also raised expectations that leadership believes the business is approaching an inflection point. If Nike can pair solid execution with a constructive outlook, investor sentiment could finally begin catching up with the company’s improving operating fundamentals.

Investors are watching Nike (NYSE:NKE) ahead of fiscal Q4 2026 results due at 4:15 PM ET after the market closes today. With shares down 33.87% year-to-date, this report has to give Nike’s turnaround story a pulse and could offer promising guidance for fiscal 2027.

The Comeback Hits Its Toughest Test CEO Elliott Hill called fiscal 2026 the “middle innings” of Nike’s comeback, and the last report showed why. Q3 revenue was flat on a reported basis, EPS of $0.35 beat the $0.28 consensus, and gross margin declined 130 basis points to 40.2% on a 300 basis point tariff hit in North America.

Since then, shares are down 9.47% over the past month and trade near a 52-week low of $40.00, well below the 200-day moving average of $57.94. Despite the decline, CEO Elliot Hill bought 47,320 shares on April 13 at roughly $42.27, joined by directors Tim Cook, John Rogers, and Bob Swan.

Consensus Estimates Metric Q4 FY26 Estimate Prior Year EPS $0.11 $0.14 Revenue trajectory (company guide) Down 2% to 4% — FY26 EPS (TTM) $1.52 diluted FY26 Revenue (TTM) $46.52B Tariffs, China, and the FY27 Setup Tonight, I’ll be watching three things. First, gross margin. CFO Matthew Friend guided Q4 margin down 25 to 75 basis points, including 250 basis points of tariff drag. He flagged Q2 fiscal 2027 as the last quarter of material tariff headwinds, so any commentary that tightens that timeline matters.

Second, Greater China. Friend told the Street to expect the region down approximately 20% in Q4 as Nike intentionally pulls sell-in to clean the marketplace. Q3 China revenue was down 10% with inventory down mid-teens. Investors will want to hear that profitability is bottoming out even as revenue continues to fall.

Third, North America momentum. Wholesale grew 11% in Q3 while Direct fell. Hill said the region saw positive growth in all channels for the first time in two years. Running was up over 20%. If those trends extend, the “Win Now” framework looks real.

Prediction markets price a 92% probability of an EPS beat, which would be the eighth quarter in a row. The harder question is the stock’s reaction. Nike has averaged a -3.71% one-week move after results.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Nike didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

-

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2026 fourth quarter and full year ended May 31, 2026.

Full year revenues were $46.4 billion, flat on a reported basis and down 2 percent on a currency-neutral basis* Fourth quarter revenues were $11.0 billion, down 1 percent on a reported basis and down 4 percent on a currency-neutral basis Wholesale revenues for the fourth quarter were $6.6 billion, up 4 percent on a reported basis and up 1 percent on a currency-neutral basis NIKE Direct revenues for the fourth quarter were $4.1 billion, down 7 percent on a reported basis and down 9 percent on a currency-neutral basis Gross margin for the fourth quarter increased 890 basis points to 49.2 percent, including an approximately 900 basis point benefit due to the expected recovery of the International Emergency Economic Powers Act ("IEEPA") tariffs Diluted earnings per share was $0.72 for the fourth quarter, including a $0.52 benefit related to the expected recovery of the IEEPA tariffs "In fiscal 2026, we took decisive actions to strengthen the foundation of NIKE, Inc. and reposition our business for long-term growth," said Elliott Hill, President and Chief Executive Officer, NIKE, Inc. "We made meaningful structural improvements to lay the groundwork for our Sport Offense across our team culture, innovative product, brand strength, and how we serve consumers in our countries and cities. While we continue to face top-line headwinds, we're encouraged by progress in performance product and are focused on consistent execution, improved profitability and scaling our wins to realize our full potential."

"We delivered fourth quarter results in line with our expectations, demonstrating financial discipline in an increasingly challenging operating environment, where sell-through remains challenged," said Matthew Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. "We are improving the health of our business, managing our product portfolio and investing in marketplace elevation, while adjusting our operating costs for greater efficiency over time."

Fourth Quarter Income Statement Review

Revenues for NIKE, Inc. were $11.0 billion, down 1 percent on a reported basis and down 4 percent on a currency-neutral basis. Revenues for the NIKE Brand were $10.7 billion, flat on a reported basis and down 3 percent on a currency-neutral basis, primarily due to declines in Greater China and EMEA, partially offset by growth in North America. Wholesale revenues were $6.6 billion, up 4 percent on a reported basis and up 1 percent on a currency-neutral basis, primarily due to growth in North America, partially offset by declines in Greater China. NIKE Direct revenues were $4.1 billion, down 7 percent on a reported basis and down 9 percent on a currency-neutral basis, due to a 12 percent decrease in NIKE Brand Digital and a 7 percent decrease in NIKE-owned stores. Revenues for Converse were $244 million, down 32 percent on a reported basis and down 34 percent on a currency-neutral basis, due to declines across all territories. Gross margin increased 890 basis points to 49.2 percent, primarily due to the expected recovery of the IEEPA tariffs. The expected recovery of the IEEPA tariffs of $986 million increased gross margin by approximately 900 basis points. Selling and administrative expense decreased 2 percent to $4.1 billion. Demand creation expense was $1.2 billion, down 4 percent, primarily due to lower brand marketing expense, partially offset by unfavorable changes in foreign currency exchange rates. Operating overhead expense was $2.9 billion, down 1 percent, due to lower other administrative costs, partially offset by unfavorable changes in foreign currency exchange rates and higher wage-related expense. The effective tax rate was 19.6 percent, compared to 33.6 percent for the same period last year, primarily due to stock-based compensation and prior year one-time items that had an outsized impact on the tax rate because of lower pre-tax income in the prior year. Net income was $1.1 billion, up 407 percent, and Diluted earnings per share was $0.72, including a $0.52 benefit related to the expected recovery of the IEEPA tariffs. Fiscal 2026 Income Statement Review

Revenues for NIKE, Inc. were $46.4 billion, flat on a reported basis and down 2 percent on a currency-neutral basis. Revenues for the NIKE Brand were $45.2 billion, up 1 percent on a reported basis and down 1 percent on a currency-neutral basis, primarily due to declines in Greater China and EMEA, partially offset by growth in North America. Wholesale revenues were $27.5 billion, up 6 percent on a reported basis and up 4 percent on a currency-neutral basis. NIKE Direct revenues were $17.7 billion, down 6 percent on a reported basis and down 8 percent on a currency-neutral basis, due to a 12 percent decrease in NIKE Brand Digital and a 4 percent decrease in NIKE-owned stores. Revenues for Converse were $1.2 billion, down 31 percent on a reported basis and down 32 percent on a currency-neutral basis, due to declines across all territories. Gross margin increased 20 basis points to 42.9 percent. Selling and administrative expense was flat compared to the prior year at $16.1 billion. Demand creation expense was $4.8 billion, up 1 percent, due to higher sports marketing expense and unfavorable changes in foreign currency exchange rates, partially offset by lower brand marketing expense, reflecting higher investment in key sports events in the prior year. Operating overhead expense was $11.4 billion, flat compared to the prior year as lower other administrative costs were offset by higher wage-related expense, driven by employee severance costs, and unfavorable changes in foreign currency exchange rates. The effective tax rate was 20.3 percent, compared to 17.1 percent for the same period last year, primarily due to a prior year one-time, non-cash deferred tax benefit provided by U.S. tax regulations related to foreign currency gains and losses. Net income was $3.1 billion, down 3 percent, and Diluted earnings per share was $2.10, a decrease of 3 percent. May 31, 2026 Balance Sheet Review

Inventories for NIKE, Inc. were $7.5 billion, flat compared to the prior year, primarily reflecting an increase in units, offset by shifts in product mix. Cash and equivalents and short-term investments were $9.0 billion, down approximately $0.1 billion from last year, as cash generated from operations, which includes approximately $0.3 billion of cash received from IEEPA tariff recoveries, was more than offset by cash dividends and capital expenditures. Shareholder Returns

NIKE has a strong track record of returns to shareholders. In the fourth quarter, the Company returned approximately $609 million to shareholders through dividends, up 3 percent from the prior year.

In fiscal 2026, the Company returned approximately $2.5 billion to shareholders, including:

Dividends of $2.4 billion, up 5 percent from the prior year. Share repurchases of $123 million, reflecting 1.8 million shares retired as part of the Company's four-year, $18 billion program approved by the Board of Directors. Conference Call

NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 30, 2026, to review fiscal fourth quarter and full year results. The conference call will be broadcast live via the Internet and can be accessed at http://investors.nike.com. For those unable to listen to the live broadcast, an archived version will be available at the same location through approximately 9:00 p.m. PT, July 24, 2026.

About NIKE, Inc.

NIKE, Inc., based near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.'s earnings releases and other financial information are available on the Internet at http://investors.nike.com. Individuals can also visit http://news.nike.com and follow @NIKE.

Forward-Looking Statements

This press release contains forward-looking statements regarding our expectations of our future results and our strategy, which involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed from time to time in reports filed by NIKE with the U.S. Securities and Exchange Commission (SEC), including Forms 8-K, 10-Q and 10-K.

(Tables Follow)

NIKE, Inc.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

    THREE MONTHS ENDED

%

  TWELVE MONTHS ENDED

%

(In millions, except per share data)

5/31/2026

5/31/2025

Change

  5/31/2026

5/31/2025

Change

Revenues

$

10,972

$

11,097

-1

%

  $

46,398

$

46,309

0

%

Cost of sales

5,579

6,628

-16

%

  26,487

26,519

0

%

Gross profit

5,393

4,469

21

%

  19,911

19,790

1

%

Gross margin

49.2

%

40.3

%

  42.9

%

42.7

%

  Demand creation expense

1,203

1,253

-4

%

  4,754

4,689

1

%

Operating overhead expense

2,879

2,895

-1

%

  11,360

11,399

0

%

Total selling and administrative expense

4,082

4,148

-2

%

  16,114

16,088

0

%

% of revenues

37.2

%

37.4

%

  34.7

%

34.7

%

  Interest (income) expense, net

(8

)

(22

)

—

  (50

)

(107

)

—

Other (income) expense, net

(10

)

25

—

  (53

)

(76

)

—

Income before income taxes

1,329

318

318

%

  3,900

3,885

0

%

Income tax expense

260

107

143

%

  792

666

19

%

Effective tax rate

19.6

%

33.6

%

  20.3

%

17.1

%

  NET INCOME

$

1,069

$

211

407

%

  $

3,108

$

3,219

-3

%

  Earnings per common share:

  Basic

$

0.72

$

0.14

414

%

  $

2.10

$

2.17

-3

%

Diluted

$

0.72

$

0.14

414

%

  $

2.10

$

2.16

-3

%

  Weighted average common shares outstanding:

  Basic

1,482.6

1,476.7

  1,479.8

1,484.9

Diluted

1,482.9

1,477.7

  1,481.0

1,487.6

  Dividends declared per common share

$

0.410

$

0.400

  $

1.630

$

1.570

NIKE, Inc.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

May 31,

May 31,

% Change

(Dollars in millions)

2026

2025

ASSETS

Current assets:

Cash and equivalents

$

7,563

$

7,464

1

%

Short-term investments

1,464

1,687

-13

%

Accounts receivable, net

5,931

4,717

26

%

Inventories

7,501

7,489

0

%

Prepaid expenses and other current assets

2,144

2,005

7

%

Total current assets

24,603

23,362

5

%

Property, plant and equipment, net

4,796

4,828

-1

%

Operating lease right-of-use assets, net

2,838

2,712

5

%

Identifiable intangible assets, net

259

259

0

%

Goodwill

240

240

0

%

Deferred income taxes and other assets

5,674

5,178

10

%

TOTAL ASSETS

$

38,410

$

36,579

5

%

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities:

Current portion of long-term debt

$

2,000

$

—

100

%

Accounts payable

3,600

3,479

3

%

Current portion of operating lease liabilities

478

502

-5

%

Accrued liabilities

6,092

5,916

3

%

Income taxes payable

377

669

-44

%

Total current liabilities

12,547

10,566

19

%

Long-term debt

5,942

7,961

-25

%

Operating lease liabilities

2,613

2,550

2

%

Deferred income taxes and other liabilities

2,443

2,289

7

%

Redeemable preferred stock

—

—

—

Shareholders’ equity

14,865

13,213

13

%

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

$

38,410

$

36,579

5

%

NIKE, Inc.

DIVISIONAL REVENUES

(Unaudited)

          % Change Excluding Currency Changes1

  % Change Excluding Currency Changes1

THREE MONTHS ENDED

%

TWELVE MONTHS ENDED

%

(Dollars in millions)

5/31/2026

  5/31/2025

Change

5/31/2026

  5/31/2025

Change

North America

    Footwear

$

3,230

  $

3,104

4

%

4

%

$

13,317

  $

12,684

5

%

5

%

Apparel

1,310

  1,303

1

%

0

%

6,075

  5,837

4

%

4

%

Equipment

292

  296

-1

%

-2

%

1,119

  1,051

6

%

6

%

Total

4,832

  4,703

3

%

3

%

20,511

  19,572

5

%

5

%

Europe, Middle East & Africa

    Footwear

1,821

  1,893

-4

%

-9

%

7,643

  7,569

1

%

-5

%

Apparel

982

  929

6

%

0

%

4,210

  3,971

6

%

0

%

Equipment

172

  178

-3

%

-9

%

719

  717

0

%

-6

%

Total

2,975

  3,000

-1

%

-6

%

12,572

  12,257

3

%

-3

%

Greater China

    Footwear

938

  1,074

-13

%

-17

%

4,188

  4,805

-13

%

-15

%

Apparel

334

  372

-10

%

-15

%

1,535

  1,616

-5

%

-7

%

Equipment

25

  30

-17

%

-21

%

124

  165

-25

%

-26

%

Total

1,297

  1,476

-12

%

-17

%

5,847

  6,586

-11

%

-13

%

Asia Pacific & Latin America

    Footwear

1,114

  1,114

0

%

-2

%

4,377

  4,452

-2

%

-3

%

Apparel

420

  398

6

%

4

%

1,629

  1,541

6

%

5

%

Equipment

62

  63

-2

%

-3

%

237

  258

-8

%

-9

%

Total

1,596

  1,575

1

%

-1

%

6,243

  6,251

0

%

-1

%

Global Brand Divisions2

24

  9

167

%

150

%

49

  48

2

%

2

%

TOTAL NIKE BRAND3

10,724

  10,763

0

%

-3

%

45,222

  44,714

1

%

-1

%

Converse

244

  357

-32

%

-34

%

1,174

  1,692

-31

%

-32

%

Corporate4

4

  (23

)

—

—

2

  (97

)

—

—

TOTAL NIKE, INC. REVENUES

$

10,972

  $

11,097

-1

%

-4

%

$

46,398

  $

46,309

0

%

-2

%

    TOTAL NIKE BRAND3

    Footwear

$

7,103

  $

7,185

-1

%

-4

%

$

29,525

  $

29,510

0

%

-2

%

Apparel

3,046

  3,002

1

%

-1

%

13,449

  12,965

4

%

2

%

Equipment

551

  567

-3

%

-5

%

2,199

  2,191

0

%

-2

%

Global Brand Divisions2

24

  9

167

%

150

%

49

  48

2

%

2

%

TOTAL NIKE BRAND REVENUES3

$

10,724

  $

10,763

0

%

-3

%

$

45,222

  $

44,714

1

%

-1

%

1 The percent change has been calculated using actual exchange rates in use during the comparative prior year period and is provided to enhance the visibility of the underlying business trends by excluding the impact of translation arising from foreign currency exchange rate fluctuations, which is considered a non-GAAP financial measure. Management uses this non-GAAP financial measure when evaluating the Company's performance, including when making financial and operating decisions. Additionally, management believes this non-GAAP financial measure provides investors with additional financial information that should be considered when assessing the Company's underlying business performance and trends. References to this measure should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP and may not be comparable to similarly titled non-GAAP measures used by other companies.

2 Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment.

3 Included in NIKE Brand revenues are sales of Jordan Brand products which were $7,034 million in fiscal 2026 compared to $7,270 million in fiscal 2025, down 3% on a reported basis and down 5% on a currency-neutral basis.

4 Corporate revenues primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Company's central foreign exchange risk management program.

NIKE, Inc.

EARNINGS BEFORE INTEREST AND TAXES ("EBIT")1

(Unaudited)

THREE MONTHS ENDED

%

TWELVE MONTHS ENDED

%

(Dollars in millions)

5/31/2026

5/31/2025

Change

5/31/2026

5/31/2025

Change

North America2

$

2,000

$

1,045

91

%

$

5,376

$

4,735

14

%

Europe, Middle East & Africa

434

472

-8

%

2,417

2,575

-6

%

Greater China

243

304

-20

%

1,278

1,602

-20

%

Asia Pacific & Latin America

316

319

-1

%

1,387

1,527

-9

%

Global Brand Divisions3

(1,130

)

(1,246

)

9

%

(4,603

)

(4,699

)

2

%

TOTAL NIKE BRAND EBIT1

1,863

894

108

%

5,855

5,740

2

%

Converse2

23

27

-15

%

18

240

-93

%

Corporate4

(565

)

(625

)

10

%

(2,023

)

(2,202

)

8

%

TOTAL NIKE, INC. EBIT1

1,321

296

346

%

3,850

3,778

2

%

Interest (income) expense, net

(8

)

(22

)

—

(50

)

(107

)

—

Income tax expense

260

107

143

%

792

666

19

%

NET INCOME

$

1,069

$

211

407

%

$

3,108

$

3,219

-3

%

Total NIKE, Inc. Revenues

$

10,972

$

11,097

-1

%

$

46,398

$

46,309

0

%

Net income margin

9.7

%

1.9

%

6.7

%

7.0

%

EBIT margin1

12.0

%

2.7

%

8.3

%

8.2

%

1 Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. EBIT is calculated as Net income before Interest (income) expense, net and Income tax expense. EBIT margin is calculated as total NIKE, Inc. EBIT divided by total NIKE, Inc. Revenues. References to EBIT and EBIT margin should not be considered in isolation or as a substitute for other financial measures calculated and presented in accordance with U.S. GAAP and may not be comparable to similarly titled non-GAAP measures used by other companies. Management uses these non-GAAP financial measures when evaluating the Company's performance, including segment performance, when making financial and operating decisions. Additionally, management believes these non-GAAP financial measures provide investors with additional financial information that should be considered when assessing the Company's underlying business performance and trends.

2 On February 20, 2026, the U.S. Supreme Court ruled that U.S. tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”) on goods imported into the U.S. were unauthorized. During the fourth quarter of fiscal 2026, the Company deemed the recovery of IEEPA tariffs paid to be probable. For the three and twelve months ended May 31, 2026, North America and Converse include a $965 million and $21 million benefit, respectively, for the expected recovery of the IEEPA tariffs paid on goods imported into the U.S. For the twelve months ended May 31, 2026, the benefit largely offsets the impact of the IEEPA tariffs recognized during fiscal 2026.

3 Global Brand Divisions primarily represents costs, including product creation and design expenses, that are centrally managed for the NIKE Brand, as well as costs associated with NIKE Direct global digital operations and enterprise technology. Global Brand Divisions revenues include NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment.

4 Corporate consists primarily of unallocated general and administrative expenses, including expenses associated with centrally managed departments; depreciation and amortization related to the Company's corporate headquarters; unallocated insurance, benefit and compensation programs, including stock-based compensation; and certain foreign currency gains and losses, including certain hedge gains and losses.

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The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment where sell-through remains under pressure.

Key Takeaways Both NIKE and LULU have seen an extended period of weak share performance. Pressure has been a result of company-specific issues, with both trying to bounce back. Weakness in stocks isn't always reflective of a favorable opportunity. Several well-known athletic apparel companies, namely NIKE (NKE - Free Report) and lululemon (LULU - Free Report) , have seen an extended period of poor share performance, both widely underperforming relative to the general market over the past year.  

But can the negativity reverse course? Let’s take a closer look at their recent quarterly performance and how their earnings outlooks have shaped up over recent months.

Can NIKE Shares Bounce Back? NIKE shares have been weak for several reasons, largely unable to impress consumers over recent years due to a lack of innovation and the loss of shelf space. Competitors like Hoka from Deckers Outdoor (DECK - Free Report) have really applied pressure, stealing former NIKE customers.

NIKE also largely cut out retailers to push direct-to-consumer (DTC) sales over recent years, but the reduction in shelf space and loss of its overall presence backfired. Still, it has been actively rebuilding its relationships with retailers, but regaining the premium shelf space it once enjoyed isn't cheap.

Additionally, a weak showing in China, once one of its stronger growth engines, hasn’t helped sentiment either. Chinese consumers have shifted their preferences toward other domestic brands, further reflective of NIKE’s stagnant innovation over recent years.

It’s seen little to no sales growth over the past three years due to these factors, as shown below.

Image Source: Zacks Investment Research

While the stock has fallen well off recent highs and could look like an opportunity, the reality remains that it’s become cheap for understandable reasons, particularly those listed above. The company’s EPS outlook for its current and next fiscal years remains bearish, with the stock also currently a Zacks Rank #4 (Sell).

Image Source: Zacks Investment Research

Lululemon Shares PlungeLULU shares have similarly faced pressure amid weakening trends in its consumer base, particularly in North America. Quarterly results have put the spotlight on the pressure, with revenues in the broader Americas region declining 3% YoY and comparable sales declining 5% from the same period last year.

Lululemon’s YoY sales growth rates were fantastic in recent years before tapering off visibly, with the weak price action fully reflecting the growth cooldown. Please note that the chart below tracks the %YoY change in sales, not actual sales numbers.

Image Source: Zacks Investment Research

The company’s actively working to drive improvements in its North America business, still remaining confident of an impending turnaround. Still, it’s worth noting that the overall profitability picture has taken a notable hit as well, with LULU’s gross margin declining 410 basis points YoY to 54.2% in its latest period.

The profitability hit is quite important to sentiment around the company, as it has typically enjoyed a much stronger margin profile than other apparel companies due to its premium-priced products. The earnings outlook for its current and next fiscal years remains heavily challenged as a result, with the company currently a Zacks Rank #5 (Strong Sell).

Image Source: Zacks Investment Research

Bottom Line

While lululemon (LULU - Free Report) and NIKE (NKE - Free Report) shares have become much cheaper relative to historical levels over recent years, the reality remains that they’ve become that cheap for a reason. Company-specific issues have led to weak quarterly results, and share performance reflects those problems.

In other words, stocks that have seen a big decline aren’t always reflective of great opportunities. Rather, investors should focus on stocks with strengthening earnings outlooks and favorable trends, such as accelerating sales growth or expanding margins. Both LULU and NKE carry weak Zacks Ranks, and investors would be better off watching from the sidelines until a turnaround is visible in positive earnings estimate revisions.

A fuel discount of 10 cents per gallon is one of the most popular perks of the Walmart+ membership program, Retail Brew reported June 24.

Ford is recalling more than 741,000 vehicles across the U.S. after a transmission defect that can damage the parking system and increase the risk of a vehicle rolling away was linked to 24 allegations of property damage and nine alleged injuries.

The recall affects 741,195 vehicles, including certain 2018-2021 Ford Expedition and Lincoln Navigator SUVs, 2020-2021 Ford Explorer and Lincoln Aviator SUVs, and 2021 Ford F-150 pickups, according to the National Highway Traffic Safety Administration (NHTSA).

The agency said the vehicles may experience a transmission problem during certain shifts while in motion that can damage the transmission's parking mechanism.

FORD IN DEEP WATER AFTER SWEEPING RECALLS HIT EVERY MODEL SINCE 2020 – WITH ONE EXCEPTION

Ford Motor Co. signage is displayed outside a dealership in Detroit, Mich.  (Jeff Kowalsky/Bloomberg via Getty Images, File / Getty Images)

If that happens, the transmission may no longer hold the vehicle in place after it is shifted into "Park" unless the parking brake is applied, increasing the risk of a crash or injury.

Ford said the issue stems from a transmission valve body separator plate that can restrict fluid flow to the park valve, allowing the parking mechanism to briefly engage while the vehicle is still moving. Drivers may notice a wrench warning light, and in some cases the electronic parking brake may automatically engage.

Ticker Security Last Change Change % F FORD MOTOR CO. 13.91 -0.12 -0.89% Ford said the reported incidents include two allegations involving emotional injuries.

To address the issue, dealers will update the vehicle's powertrain control module software, inspect the transmission for damage and replace any damaged components free of charge.

FORD RECALLS MORE THAN 615,000 VEHICLES OVER WIPER AND DRIVESHAFT DEFECTS

A Ford Explorer at the Ford Chicago Assembly Plant. (Jose M. Osorio/Chicago Tribune/Tribune News Service via Getty Images, File / Getty Images)

Ford expects to begin mailing interim notification letters to owners on Aug. 3. 

A permanent repair is not expected to be available until April 2027, when the company plans to begin notifying owners that the remedy is available.

The recall is the latest in a string of safety actions that have put Ford under increased scrutiny in recent years.

In 2025, the automaker set a record for the most recalls issued by a single manufacturer in a single year, topping 150 safety recalls — nearly double the previous record of 77 set by General Motors in 2014.

Ford said the increase reflected a more aggressive strategy of identifying and addressing potential safety issues before they result in major incidents or widespread complaints.

FORD RECALLS MORE THAN 412,000 VEHICLES OVER SUSPENSION ISSUE

Workers assemble cars at the Ford Assembly Plant in Chicago. (Jim Young/AFP via Getty Images, File / Getty Images)

"The increase in recalls reflects our intensive strategy to quickly find and fix hardware and software issues and go the extra mile to help protect customers," the company said in a 2025 statement. "Ford has more than doubled its team of safety and technical experts in the past two years and significantly increased testing for failure on critical systems in current Ford vehicles such as powertrains, steering and braking."

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Between 2020 and 2026, nearly every Ford model was recalled at least once, from SUVs and pickups to commercial vans and the Mustang. The lone exception was the Ford GT supercar, which was discontinued after the 2022 model year.

FOX Business has reached out to Ford for comment on the recall and will update this story if a response is received.

Owners with questions can contact Ford customer service at 1-866-436-7332 or the NHTSA Vehicle Safety Hotline at 1-888-327-4236.

FOX Business’ Bonny Chu contributed to this report.

Artificial intelligence (AI) compute workloads in data centers are now shifting toward inference. Deloitte estimates that inference workloads will account for two-thirds of AI-focused computational workloads in data centers this year, up from 50% in 2025.

This has led to a strong jump in demand for chips capable of executing inference workloads cost-effectively. Nvidia currently leads the market for AI inference chips. That isn't surprising, as the company is aggressively reducing the cost of running inference workloads with its chip systems. On the other hand, custom AI chip designer Broadcom is also witnessing phenomenal acceleration in revenue and earnings.

However, both semiconductor stocks have delivered paltry, single-digit gains this year. They have underperformed the PHLX Semiconductor Sector index, which has jumped 86% this year, by a huge margin. Their poor performance can be attributed to their valuation. Broadcom trades at an expensive 61 times earnings and 24 times sales. While Nvidia stock is significantly cheaper at 30 times earnings and looks like a bargain, its sales multiple of 18.6 is on the expensive side.

However, there is another company -- Qualcomm (QCOM 2.08%) -- which has started making a dent in the AI chip market thanks to its inference-focused chips and trades at a really attractive valuation right now. Let's see why Qualcomm stock could be one of the biggest winners in the AI inference era, potentially outperforming Nvidia and Broadcom over the next three years.

Image source: The Motley Fool.

AI is poised to significantly boost Qualcomm's data center revenue Qualcomm currently gets its revenue from selling chips for smartphones, automotive, and the Internet of Things (IoT). These three end markets comprise the company's Qualcomm CDMA Technologies (QCT) semiconductor division. It has another business segment -- Qualcomm Technology Licensing (QTL) -- through which it collects fees and royalties from customers using its intellectual property to design and manufacture wireless products.

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The QCT business is Qualcomm's bread and butter, generating 86% of its revenue in the second quarter of fiscal 2026 (which ended March 29). The company's QCT revenue fell 4% year over year in fiscal Q2 to $9.1 billion, primarily due to the weakness in the smartphone market. As a result, Qualcomm's overall revenue fell 2% year over year in fiscal Q2 to $10.6 billion.

The smartphone market is likely to remain constrained by limited memory supply and higher component costs at least until next year. However, demand for chips used to run AI workloads in data centers and edge applications is poised to grow at a healthy pace. Qualcomm has been trying to make a dent in this market for some time, and the latest update from the company suggests that it may have finally made a breakthrough.

At its recently held Investor Day 2026, Qualcomm revealed that it anticipates at least $15 billion in data center revenue by fiscal 2029. That's an impressive start for a company that's making an entry into this fast-growing niche. The company will be offering custom AI processors and inference-first chips aimed at lowering the total cost of ownership (TCO) for data center operators. Even better, the company notes it will upgrade its AI chips annually.

Qualcomm is all set to offer a broad portfolio of AI systems to customers, including liquid-cooled rack-scale servers, custom processors, connectivity solutions, purpose-built data center CPUs (central processing units), and high-bandwidth memory. What's worth noting is that it has already landed a notable customer in the form of Meta Platforms. The tech giant will deploy Qualcomm's Dragonfly C1000 server CPU in its servers starting this year. More importantly, Qualcomm and Meta have a multi-generation agreement, suggesting that the former could witness a solid long-term revenue stream.

Qualcomm CEO Cristiano Amon indicated that Meta isn't the only customer for its AI chips when he pointed out that the company is bringing its "high-performance, low-power computing into the data center, with multi-year, multi-generation agreements with leading customers." So, the company seems well-positioned to achieve its data center revenue growth target over the next three years, which could supercharge its growth.

The solid acceleration in the company's earnings will send the stock soaring Qualcomm estimates that its earnings per share could exceed $18.00 in fiscal 2029. For comparison, the company's earnings per share are on track to drop by 10% in fiscal 2026 to $10.80. So, Qualcomm's bottom line could increase at an annual rate of 18.5% for the next three years, which seems quite achievable.

Assuming Qualcomm's earnings indeed reach $18.00 per share in fiscal 2029 and it trades at 26.3 times earnings at that time (in line with the Nasdaq-100 index's forward earnings multiple), its stock price could soar to $473. That's a potential upside of 150% from current levels, suggesting that investors should consider buying this AI stock before it steps on the gas.

What's more, Qualcomm is trading at just 17 times forward earnings and 4.6 times sales. So, any step-up in Qualcomm's growth rate could be rewarded with a premium valuation, which could pave the way for greater stock price upside than I have assumed above.

NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings (“Hertz” or the “Company”) (NASDAQ: HTZ).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Hertz and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 24, 2026, Hertz issued a press release “announc[ing] that its wholly-owned indirect subsidiary, The Hertz Corporation (‘Hertz Corp.’), intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of Exchangeable Senior First-Lien Secured PIK Notes due 2030 (the ‘Notes’) in a private offering to persons reasonably believed to be qualified institutional buyers[.]”  The press release specified that “Hertz Corp. intends to use the net proceeds received from the offering of the Notes for general corporate purposes, which may include the repayment of outstanding indebtedness.” 

On this news, Hertz’s stock price fell $2.06 per share, or 40.71%, to close at $3.00 per share on June 24, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Deciding between a global giant and a high-growth disruptor involves balancing safety and potential. Mastercard (MA +0.69%) and Remitly Global (RELY 1.67%) offer two very different paths for your portfolio in 2026.

Mastercard is a cornerstone of the global economy, processing trillions in transactions through its established network. Remitly, meanwhile, focuses on the high-growth niche of international money transfers for migrants. Investors often compare them to see if the reliability of a blue chip leader outweighs the rapid expansion of a digital-first specialist.

The case for MastercardMastercard operates a massive four-party payments network that links financial institutions, merchants, and governments across more than 210 countries. Rather than issuing cards directly, the company provides the technology that enables secure digital transactions. Strategic growth now focuses on digital partnership agreements, on-chain settlement with stablecoins, and AI-driven automation for machine payments.

During FY 2025, revenue reached nearly $32.8 billion, representing a year-over-year increase of approximately 16.4%. This top-line growth supported net income of nearly $15 billion for the year. Maintaining a net margin of roughly 45.6% highlights the consistent profitability of this titan among financial stocks.

As of its December 2025 balance sheet, the debt-to-equity ratio was approximately 2.5x, which compares total debt to shareholder equity. Free cash flow reached nearly $16.4 billion, which is the cash left over after accounting for all capital investments.

The case for Remitly GlobalRemitly Global provides digital money transfer services primarily to help global migrants send funds to their recipient families. The company operates without a physical storefront, relying instead on a mobile app that supports transfers in more than 175 countries. It uses a network of third-party disbursement partners, such as international banks and mobile wallets, to deliver these funds.

In FY 2025, revenue exceeded $1.6 billion, representing approximately 29% growth over the previous year. This growth helped the company achieve a net income of close to $67.9 million, resulting in a net margin of roughly 4.2%. This margin shows the percentage of revenue remaining after all expenses are paid, and the performance shows a significant swing toward profitability after the company reported net losses in prior years.

As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 0.3x. This ratio compares total debt to shareholder equity, indicating the company uses relatively little debt to fund its operations among financial stocks. Free cash flow for the period was $295.7 million. Note that stock-based compensation (SBC) accounted for roughly 48% of operating cash flow, inflating reported cash generation, since SBC is a non-cash expense added back in the cash flow statement.

Risk profile comparisonMastercard faces significant litigation over interchange rates, though a $38 billion swipe-fee settlement in June 2026 provided some clarity. The company faces intense competition from Visa (V +0.27%) and American Express (AXP 0.80%), as well as emerging digital currencies and government-backed payment networks. Additionally, sophisticated cyberattacks and evolving global data privacy regulations pose ongoing operational challenges.

Remitly Global faces geographic concentration risks, as much of its revenue comes from corridors like India, Mexico, and the Philippines. Compliance with anti-money laundering and counter-terrorism financing laws is critical, as any failure could lead to license loss or severe penalties. Finally, it is navigating an investigation and potential class-action litigation regarding its past financial results.

Valuation comparisonRemitly Global has a lower P/S ratio than its peer, but Mastercard has a lower Forward P/E based on future earnings estimates.

MetricMastercardRemitly GlobalSector BenchmarkForward P/E25.4x35.1x17.0xP/S ratio13.4x2.9xn/aSector benchmark uses the SPDR XLF sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Both Remitly Global and Mastercard operate in the essential financial transaction market. Do you prefer a dominant payment network or a nimble fintech upstart?

Mastercard’s network handled $10.6 trillion of the estimated $41 trillion global consumer spend in 2025. Remitly’s share of global consumer spend is de minimis, indicating significant blue-sky potential for growth. Mastercard management, meanwhile, says it still has plenty of room to grow, given that some $11 trillion in transactions are still in cash.

Individual consumers are the majority of Remitly’s customers, while a new venture targeting business users is just getting off the ground. The cross-border business has been good for Remitly’s core consumer. The company now offers 5,600 “corridors” for payments (for example, sending money between Argentina and Cape Verde would be one corridor). For fiscal 2026, revenue is expected to grow 20% to $1.97 billion with net income of $142 million, more than double that of 2025. Longer-term management sees AI, both integration with platforms and using the technology to lower costs, as key to greater growth.

Mastercard is a behemoth, creating something like a duopoly with Visa in global payments, though one others, including Remitly, are slowly cracking. Mastercard’s 2026 profitability is seen increasing 14% to $17.1 billion on revenue of $37.1 billion, a rise of close to 15%.

Remitly Global’s net income will more than double in 2026, according to Wall Street, to $142 million, on sales growth of 20% to $ 1.97 billion. Mastercard isn’t a bad choice, given its sheer size and profitability, but if you’re looking for growth in the fintech payments space, Remitly promises to outpace its larger rival, at least on percentage growth.