What to watch Nike: Attracting a lot of attention ahead of its Q4 results today is Nike as analysts flock to offer upbeat assessments of the share price. While the company’s stock tumbled with many others during the initial coronavirus outbreak, it has largely recovered all its losses in the subsequent rally and now hovers…
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The Nasdaq Composite also gave up gains in an end-of-day selloff, which in the Nasdaq’s case took it into negative territory for the day. Several names that have been faring better than the broader market overall fell hardest, including Netflix and Gilead Sciences, which sank 4.2% and 5.8% respectively. S&P 500: +1.2% Wednesday, -23.4% YTD…
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Semiconductor names a standout as stocks continue slide While the S&P 500 sank 2.9% on Monday, with ten of its 11 sectors in the red, chip makers were a rare bright spot. The semiconductors sub-sector of the Information Technology sector gained 4.1%, led by names including Intel, Advanced Micro Devices and Nvidia which rose 8.2%,…
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Retailers across the globe are shutting down stores to limit the spread of Covid-19. On 11 March the World Health Organization declared the coronavirus outbreak a pandemic and two days later US President Donald Trump declared national emergency. The past week a lot of contradictory events played out. As the seriousness of the spread was…
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LeapRate Exclusive... 55.com, an asset network, announced today the release of the Air Jordan (AJ) Token. 55’s Asset Network will tokenize 50 pairs of the highly collectible Air Jordan Jordan 1 Retro High Travis Scott sneaker and sell these tokens during the upcoming Air Jordan Asset Token Onboarding (ATO); the Air Jordan ATO will be…
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Nike (NYSE:NKE), probably the world's best known sports footwear and apparel company, has filed trademark for "Cryptokicks" and has sparked the interest of the general public whether or not the sports giant is thinking of going into the crypto space. According to press, it was on April 19th that Nike filed a trademark for the word…
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