The air keeps escaping from Nike’s (NKE) stock price. 25 years According to Yahoo Finance AlphaSpace, Nike stock is now underperforming the S&P 500 (^GSPC) by the largest margin in 25 years (see the chart below). The stock is down 35% year to date compared to a 13% advance for the S&P 500. Since Nike…
US distiller Next Century Spirits has acquired a selection of brands from local peer Grain & Barrel Spirits, including the American whiskey label Chicken Cock. Financial terms of the deal were not disclosed. In a statement yesterday (4 August), the North Carolina-based group said it had bought “certain brand assets from Grain & Barrel Spirts”….
Silver (SI=F) September futures opened at $59.78 per ounce on Wednesday, August 5, 2026, down 0.8% from Tuesday’s closing price. Silver is on the rise this morning, reaching $62.27 as of 8:09 a.m. ET. Silver prices opened within the narrow range they have been opening with all week, but silver prices are up appreciably in…
By Robert Harvey LONDON, Aug 5 (Reuters) – Oil prices rose on Wednesday after Yemen’s Iran-aligned Houthi rebels said they attacked a Saudi oil tanker in the Red Sea, denting hopes of a de-escalation in Iran war hostilities that could restore shipping traffic and oil flows in the Middle East. Brent crude futures were up…
By Amanda Cooper LONDON, Aug 5 (Reuters) – The Japanese yen steadied on Wednesday after its most volatile few days in months after historic intervention, while the dollar traded around six-week lows against other currencies as revived hopes of an end to the war in Iran blunted safe-haven demand. The yen was steady at 157.55…
Gold December (GC=F) futures opened at $4,133.80 this morning, Wednesday, August 5, 2026, down 0.5% compared to Tuesday’s closing price. The price of gold was up this morning to $4,245.80 as of 7:54 a.m. ET. Opening gold prices have been in a holding pattern this week north of $4,100 and rising appreciably this morning after…
Summary Digital Realty Trust is a REIT focusing on global cloud and carrier-neutral interconnected data centers. DLR also develops data center platforms for businesses involved in cloud software, financial services, social media, and mobile services. It helps customers develop secure
John Eade President & Director of Portfolio Strategies John is chairman and CEO of Argus Research Group and president of Argus Research Company. Over the years, his responsibilities at Argus have included chairing the Investment Policy Committee as then director of research; helping form the firm’s overall investment strategy; writing a weekly investment column; and…
Economic data released on Tuesday were lukewarm. U.S. JOLTS job openings fell to 7.359 million in June, weaker than expectations of 7.440 million. Also, U.S. factory orders unexpectedly fell -0.3% m/m in June, weaker than expectations of +0.2% m/m. In addition, the U.S. trade deficit narrowed to -$73.3 billion in June, compared to expectations for…
By Mike Dolan August 5 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets For all the doubts and handwringing, the S&P 500 and Dow Jones are back at record highs after surging on Tuesday amid falling oil prices and the bumper earnings season. It wasn’t all…
End of content
End of content