The Latest Breaking News from Elliott Hill

A turnaround has been ongoing at Nike. But the CEO says it will take even more time.

Nike Inc (NYSE:NKE) just proved it still knows how to make the right moves. The sportswear giant thumped Wall Street's expectations, flipping a $1.5 billion tariff drag into proof that its turnaround is working. Investors cheered, sending shares up during Thursday trading — evidence that a turnaround story can outweigh…

The ailing US sportswear company reported falling revenues and income. Its fiscal guidance for the current quarter nonetheless gave investors a glimmer of hope, pushing the share price up around 10% in after-hours trading in the US.

Nike has announced a price hike and said that it will resume selling its products on Amazon. Is the stock a buy on these developments?

Yesterday’s S&P 500 move from 4,950 to 5,456.90 at the close was one for the ages. The 90-day pause lit a fire under investors. These three unusually active long-haul call options stood out.

Nike has fallen to its lowest levels since 2020. While there is no easy fix for the company’s woes, it can reward patient investors over the long term.

Amazon CEO Andy Jassy says it’s perfectly normal to not have a defined career end goal—even well into your 60s.

Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.

Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.