Nike Stock: 12-Year Low, Revenue Remains $5B Below Its 2024 Peak

Nike generated $46.4 billion in fiscal 2026 revenue, roughly $5 billion below the $51.4 billion it produced at its fiscal 2024 peak.  That is a decline of almost 10%, even though revenue was essentially flat versus fiscal 2025.  Nikes official fiscal 2026 results show a company that has stabilized, but not fully recovered. Wholesale revenue rose 6% to $27.5 billion, while Nike Direct fell 6% to $17.7 billion and digital sales dropped 12%.  Nike Is Rebuilding Its Distribution Strategy  The shift in sales mix is one of the biggest parts of Nikes turnaround.  The company spent years prioritizing direct-to-consumer sales through its own apps and stores. Under CEO Elliott Hill, it is rebuilding wholesale relationships and putting more emphasis back on retail partners.  That is starting to show in the numbers. Wholesale improved, while direct and digital sales remained weak.  Our earlier Nike earnings coverage showed how investors have increasingly focused on weaker digital demand and China even when headline earnings beat expectations.  Nike revenue has stabilized but remains almost 10% below its 2024 peak.China Is Still the Main Weak Spot  Greater China remains one of Nikes biggest problems.  Fourth-quarter sales in the region fell 17%, while management has been working to reduce discounting and regain control of the brand.  The

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Bitcoin ETFs Add $134M as 7-Day Inflow Streak Hits $2.98B

U.S. crypto ETFs finished Friday broadly higher, with bitcoin funds attracting $134.47 million and extending their inflow streak to seven sessions. Solana nearly matched ethers daily haul, while XRP and HYPE funds also closed firmly in positive territory.  Key TakeawaysBitcoin ETFs drew $134.47M on Friday, extending their inflow streak to seven sessions.Solana nearly matched ether inflows, showing institutional demand is broadening beyond bitcoin.All eyes will be on the new week to see if the inflow trend continues or a string of outflows occurs.  Blackrock Adds $97M as Bitcoin ETFs Stay Green  The week ended with the institutional bid still intact.  Bitcoin ETFs drew another $134.47 million on Friday, pushing their seven-session inflow total to roughly $2.98 billion. Blackrocks IBIT remained the main destination for fresh capital, adding $96.99 million.  Fidelity‘s FBTC followed with $49.32 million. Bitwise’s BITB moved against the trend, shedding $11.85 million. Daily trading volume reached $2.26 billion, while net assets closed at $108.42 billion.  The uninterrupted run of inflows has become one of the clearest signals in the crypto market this month. It also provides a firmer institutional backdrop for bitcoins price after a volatile stretch earlier in September.  Seven-day inflow streak for bitcoin ETFs worth $2.98 billion. Source: SosovalueEther Streak Reaches 6th Day  Ether

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Microsoft Corporation stock Analysis: Bullish Momentum Near Record Highs

Microsoft Corporation stock closed Thursday at $516.17, gaining 3.7%and approaching its all-time high. The rally has now added 46% since the June low, according to Motley Fool. However, a closer look suggests the move may be running hot in the near term.  MSFT — daily chart with candlesticks, EMA20/EMA50 and volume.Key takeawaysMSFT closed at $516.17, up 3.7%, now within 6% of its record highThe daily EMA stack remains bullishly aligned with price above all three major moving averagesDaily MACD shows a subtle bearish divergence despite the strong session gainHourly RSI at 73.25flags overbought conditions on the intraday timeframeA close above the upper daily Bollinger Band signals short-term overextension  Daily Structure Confirms the Bull Trend for Microsoft Corporation Stock  The daily chart leaves little doubt: Microsoft Corporation stock remains in a well-defined uptrend. Price trades above every major moving average, and no structural damage is visible on this timeframe.  EMA Alignment Confirms Trend Strength  The daily EMA stack tells a clean story. The 20-day EMA sits at 497.30, the 50-day at 476.90, and the 200-day at 450.09. Price trading above all three confirms a healthy, ascending trend structure with no technical damage in sight.  RSI14 on the daily chart reads 63.22. That is firmly bullish territory, but

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Invesco NASDAQ 100 ETF stock Analysis: Bullish Momentum Near Resistance

The Invesco NASDAQ 100 ETF stock (QQQM) closed at $306.54 on September 25, up 0.46%, pressing against the upper edge of its recent range. The daily trend remains firmly bullish, though shorter-term signals suggest the rally is pausing at resistance.  QQQM — daily chart with candlesticks, EMA20/EMA50 and volume.Key takeawaysQQQMclosed at $306.54 on September 25, sitting above its 20-day EMA at $298.56, 50-day EMA at $295.20, and 200-day EMA at $278.02.The daily RSI14 reads 64.66, leaving room for further upside before momentum reaches overbought extremes.Daily MACD stands at 3.07, well above its signal line at 1.65, confirming expanding bullish momentum.Key resistance sits at $307.57(R1), with the Bollinger upper band near $308.09 forming a critical confluence zone.The hourly MACD has turned slightly negative, signaling short-term momentum fatigue within an otherwise intact daily uptrend.  QQQM Daily Trend Remains Firmly Bullish  QQQMs daily structure is unambiguously bullish. Price trades above all three key EMAs in textbook alignment, while expanding MACD momentum confirms the advance is part of a sustained move higher.  On the daily timeframe, price sits above the 20-day EMA at $298.56, the 50-day EMA at $295.20, and the 200-day EMA at $278.02. That stacked alignment signals the move higher is not a short-lived bounce. The

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XRP ETF News: A 25% XRP Fund Already Trades Beside the S&P 500

The fund began operations on Jan. 30, 2026, trades on Nasdaq under ticker XXX, and combines roughly 75% exposure to the S&P 500 with 25% exposure to XRP. Cyber Hornets official SEC prospectus says the fund seeks to replicate the S&P 500 and S&P XRP 75/25 Blend Index and can invest directly in XRP through a Cayman subsidiary.  So this is not simply another proposed crypto ETF waiting for approval.  It is an operating fund that puts XRP directly beside the largest U.S. stocks inside one portfolio.  Discover more  Choose POS Systems  Crypto wallet review  Ethereum market analysis  The Fund Is 75% S&P 500 and 25% XRP  The structure is unusually simple.  Under normal conditions, the ETF keeps approximately 75% of assets in S&P 500 stocks and targets about 25% economic exposure to XRP. S&P Dow Jones Indices maintains the underlying blend index and rebalances it monthly.  That means an investor buying XXX is effectively purchasing a portfolio combining companies such as Nvidia, Microsoft, Apple and Amazon with a sizeable XRP allocation.  Cyber Hornet combines traditional U.S. equities with direct XRP exposure.XRP Is Becoming Part of Broader Portfolio Construction  That is the more important trend.  XRP products are increasingly moving beyond standalone funds designed only for crypto investors. Coinpaper recently highlighted how Amplifys

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Bitget asks THORChain to deny service to addresses tied to $387.5M breach

Bitget CEO Gracy Chen has gone public with the exchanges request for THORChain to halt transactions linked to the exploit that drained about $387.5 million from its wallets.   As Cryptopolitan reported, Circle and Tether already intervened, stopping nearly $318,000 in stablecoin movement related to the hack on Friday, September 25. However, the request to the no-KYC THORChain DEX is not expected to be as straightforward.  THORChain offers fast and permissionless native cross-chain swaps with no know-your-customer checks for legitimate users. However, that same feature makes it popular among bad actors looking to move funds out of recovery range.  Notably, THORChain did not freeze transactions after its own $10.7 million vault exploit earlier this year.  Bitget‘s CEO wants THORChain to stop exploiters’ fund movement  The Bitget executive warned the exchange that “the industry is watching” as it challenged it not to use “a design principle” such as protocol neutrality or decentralization to absolve itself of any responsibility while “known stolen funds” moved through its platform.  How THORChain can intervene is not as straightforward as earlier Cryptopolitan reporting has noted that THORChain is more synonymous with code than an actual company.  The DEX runs on 95 globally distributed nodes with no admin key and no controlling multisig, according

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CVS Health Corporation stock Analysis: Mixed Signals After 4.8% Surge

CVS — daily chart with candlesticks, EMA20/EMA50 and volume.Key takeawaysCVS Health Corporation stocksurged 4.8% on September 25, closing at $89.13 and reclaiming the 200-day EMA at $88.91.The daily trend remains bearish, with price still below the 20-day EMA at $91.42and the 50-day EMA at $94.58.Daily RSI14 at 40.05and a negative MACD histogram at -0.55confirm the broader downtrend is intact.Hourly momentum has flipped bullish with a MACD crossover, though RSI14 at 69.03now nears overbought territory.Key levels to watch: R1 resistance at $90.75and S1 support at $86.10, framing the immediate decision zone.  CVS Health Corporation stocksurged 4.8% on September 25, closing at $89.13 after eight consecutive losing sessions. The rally reclaimed the 200-day EMA and the daily pivot. Yet the broader technical picture remains unresolved—a violent bounce inside a still-bearish trend structure.  Daily Chart: A Bounce Inside a Downtrend  The daily chart shows CVS Health Corporation stockbouncing sharply within a broader downtrend that remains structurally intact. CVS opened at $85.35 and closed at $89.13, with a session high of $89.35 and low of $84.70. The stock reversed off its lower Bollinger Band at $84.63, near the days low. Meanwhile, the upper band sits far away at $100.64 and the midline at $92.64, highlighting the wide

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SEC Commissioner Hester Peirce to leave post on Oct. 2

SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.  Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto industry, posted a copy of her resignation letter on her X account Friday.  In the letter, she thanked the president for the “honor of her professional lifetime” serving as a commissioner and said she was leaving the SEC under the excellent leadership of Chairman Paul Atkins and Commissioner Mark Uyeda, the two remaining members, who are both Republicans.  Peirce served on the commission for about eight years. Since Feb. 4, 2025, she was also director of the agencys Crypto Task Force. Her term at the SEC officially expired in June 2025, but commissioners “may continue to serve up to approximately 18 months after terms expire if they are not replaced before then,” according to the agency.  Peirce will join law school as associate professor  Cointelegraph reported in May that Peirce planned to join the law school of Regent University in Virginia as an associate professor in November. Peirce is expected to help the law school bolster its academic focus in several areas, including federal litigation, securities regulation and digital assets,

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Samourai Wallet co-founder faces transfer after 30-day jail ordeal

Samourai Wallet co-founder Keonne Rodriguez faces another prison transfer after the drug treatment program at FCI McKean was deactivated, he said Wednesday.  Rodriguez said on X that McKeans warden told program participants that Rodriguez and 70 others would be moved to facilities where treatment remains available. He entered the program because completing it could reduce his sentence by up to a year.  In a letter published by The Rage, Rodriguez called his earlier journey from FPC Morgantown to McKean the “absolute worst 30 days” of his life. He said his request to make the roughly four-hour trip himself was denied.  Rodriguez is serving a five-year sentence after pleading guilty to conspiring to operate an unlicensed money-transmitting business. The Justice Department said he and Samourai co-founder William Lonergan Hill transmitted more than $237 million in criminal proceeds through the service.  A four-hour drive became 30 days in transit  Rodriguez said inmates leaving Morgantown were placed in ankle shackles and handcuffs attached to waist chains before being taken by bus to an airport and flown to the Federal Transfer Center in Oklahoma City.  Related: Samourai Wallet co-founder spends Christmas Eve recounting first day in prison  At the facility, Rodriguez said he was held with prisoners from different security classifications

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Kalshi loses appeal, setting up potential Supreme Court case

Prediction market Kalshi lost on appeal when a court ruled that Ohio and Tennessee can regulate sports-event contracts under their state gambling laws.  The 6th US Circuit Court of Appeals ruled against Kalshi on Friday when a three-judge panel sided unanimously with Ohio and Tennessee, finding that the prediction market failed to demonstrate its sports-event contracts are “swaps” under the jurisdiction of the Commodity Futures Trading Commission (CFTC).  The ruling followed a similar finding from the 9th Circuit Court of Appeals last month, which broke from an April decision by the 3rd Circuit Court of Appeals allowing the company to do business in New Jersey as its appeal process proceeds.  The April ruling said Kalshi was likely to succeed with its argument that federal law preempts New Jerseys regulations, all of which has set up a potential Supreme Court case.  Cointelegraph reported on Wednesday that a group of state lawmakers had filed an amicus brief with the Supreme Court, urging it to weigh in on the case between Kalshi and state gaming authorities, potentially resolving whether state authorities or federal agencies have jurisdiction over prediction market companies.

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