Quick-moving domestic athletic brands are now able to match American quality and cachet in the hypercompetitive and increasingly nationalistic market.
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(Bloomberg) -- By any measure, Tom Hu should be in default on a $730,000 bank loan for his plastics business in China. He barely brings in enough revenue to pay expenses and can’t cover the debt costs.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Makes New Offer on Uranium in Response to US, WSJ SaysMamdani Scraps Property Tax Hike, Counts Second-Home RevenueYet rather than calling in

<body><p>STORY: U.S. stocks ended mostly lower on Tuesday, but the Dow posted a modest gain, while the S&P 500 edged down slightly and the Nasdaq lost seven-tenths of a percent.</p><p>The S&P 500 and Nasdaq eased off record highs after the Labor Department's Consumer Price Index was hotter than expected, pushing the annual inflation rate to 3.8%, its highest in three years.</p><p>And that's likely where it will hover for a while, says Dean Smith, chief strategist and portfolio manager for FolioBeyond.</p><p>"So I think the markets are digesting the fact that this is real. This is our new normal now. This is where we're going to live. We're going to be living in an inflationary environment that's in the neighborhood of between 3.5 and 4%. We're going to be living with something like a 4.5% 10-year [Treasury bond yield], something like a 5% 30- year long bond for the foreseeable future. And that's going to cause some recalibration. I think that's what we're seeing in the market today."</p><p>Meanwhile, the Iran war, now in its 11th week, showed no signs of a near-term resolution. </p><p>The notion of a protracted conflict raises the probability that spiking energy prices could create more entrenched inflation. That has all but squelched hopes for an interest rate cut from the Federal Reserve this year under the presumed chairmanship of Kevin Warsh, whom the U.S. Senate confirmed to the central bank board on Tuesday.</p><p>Among the session's stock moves, shares of Humana gained more than 7.5% after Bernstein hiked its price target by 36%.</p><p>:: eBay</p><p>Shares of GameStop dipped about 3.5% after eBay rejected the meme stock trailblazer's $56 billion takeover bid.</p><p>:: Hims & Hers </p><p>And shares of Hims & Hers Health tumbled about 14% after the telehealth company's pivot to branded weight-loss drugs drove up costs and led to a surprise loss in the first quarter.</p></body>
The U.S. might be facing a testy economic backdrop, with the Iran War, worries about oil rationing, and a return of inflation, but the market continues to soldier onward and upward. The market has clung onto one balloon in particular: chipmakers. From its March lows, the VanEck Semiconductor ETF ...
A major Wall Street bull added to one of the market’s hottest trades, even after the stock had already surged sharply following earnings. Shares of stablecoin issuer Circle climbed to their highest level since March this week, as investors looked past a revenue miss and focused instead on explosive ...
US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
Mark your calendars: A key event may be days away.
DoubleDown Interactive (NASDAQ:DDI) reported higher first-quarter revenue and profit, with management pointing to growth from acquired businesses, a larger direct-to-consumer revenue mix in social casino and continued cash generation across the company. For the quarter ended March 31, 2026, the com
Arteris (NASDAQ:AIP) reported record first-quarter results for 2026, with management pointing to strong demand tied to artificial intelligence chips, data center infrastructure, automotive systems and cybersecurity as key drivers of growth. Chief Executive Officer K. Charles Janac said the quarter
Astronics (NASDAQ:ATRO) raised its full-year 2026 revenue outlook after reporting a stronger first quarter marked by record bookings and backlog, higher margins and broad demand across its aerospace and test systems businesses. Chairman, President and CEO Peter Gunderman said the company viewed the
Walmart said Tuesday it would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and product teams, according to people familiar with the situation. This past summer Walmart hired Daniel Danker, who was an Instacart executive, to fill a new role as head of global AI acceleration. Since then Danker and Walmart’s head of global technology, Suresh Kumar, have reviewed their internal structures and decided to streamline some teams to operate more efficiently, the leaders said in a memo sent to staff Tuesday and viewed by The Wall Street Journal.
May 12 (Reuters) - Credit ratings agency S&P on Tuesday revised Mexico's outlook to "negative" from "stable", citing the risk of very slow fiscal consolidation largely due to weak economic growth that
Cindy Rose is the first woman to lead one of the big five global ad holding companies. An Exchange article on Saturday about Rose, WPP chief executive, said she is the first to lead a major ad holding company. Other women have run advertising agencies, but not one of the major global firms.
Heartflow and Neptune Insurance deserve a closer look.
Amazon is officially moving beyond its identity as a retail giant to become the world’s most powerful logistics provider. Earlier this month, the company launched Amazon Supply Chain Services (ASCS), a strategic pivot that brings more businesses to utilize Amazon’s infrastructure, even if they ...
While many transportation companies struggle when fuel prices rise, FedEx and J.B. Hunt are positioned to benefit from pricing power, network efficiency, and shifting freight dynamics.
US equity indexes traded mixed on Tuesday as a hotter-than-expected inflation print amid soaring gas
What Happened in Markets Today Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.
(Bloomberg) -- Anthropic PBC is in early talks with investors to raise at least $30 billion in fresh financing, according to people familiar with the matter, setting the stage for what could be its largest funding round yet.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Makes New Offer on Uranium in Response to US, WSJ SaysMamdani Scraps Property Tax Hike, Counts Second-Home RevenueThe
Options traders believe Cisco stock will extend gains after Q3 earnings on May 13. Freedom Capital’s Jay Woods also remains bullish on CSCO shares heading into the earnings print.
By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales rose 3% to $132.5 million compared to $128.7 million the year prior Adjusted EBITDA was $5.1 million, or 3.9% of net sales, compared to $2.7 million, or 2.1% of net sales the previous year, the company stated. a.k.a. Brands updated its […]
Moby summary of Camtek Ltd.'s Q1 2026 earnings call
Plug Power gave its bears a tough morning, posting margins that finally moved meaningfully in the right direction.
Moby summary of Solesence, Inc. Common Stock's Q1 2026 earnings call
Moby summary of Alico, Inc.'s Q2 2026 earnings call
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Wednesday, May 13, including President Trump's meeting with Chinese President Xi, Alibaba (BABA) and Cisco (CSCO) earnings, April's Producer Price Index (PPI) data, and commentary from Federal Reserve officials.
Moby summary of Ducommun Incorporated's Q1 2026 earnings call