sneakers

The S&P 500 index soared to record highs on Thursday, marking a significant recovery from the steep selloff experienced just a few months ago. The market rebound is driven by easing trade tensions, robust corporate earnings, and receding recession fears. For the day, the S&P 500 rose 0.8%...

In a volatile trading session on Wednesday, the S&P 500 and Nasdaq indices faced downward pressure as Treasury yields spiked above 5%. This surge in yields led to a broad selloff, particularly impacting high-growth and tech stocks. The S&P 500 fell by 1.6% to 5,844.61, while the Nasdaq...

Nike Inc (NYSE:NKE) shares are trading higher in Wednesday’s after-hours session following a report that the company will sell on Amazon.com (NASDAQ:AMZN) for the first time in six years. What Happened: According to a report from The Information, Amazon will start selling Nike products on its...

Foot Locker Inc (NYSE:FL) shares are running after the market close on Wednesday following reports that Dick’s Sporting Goods Inc (NYSE:DKS) is nearing a deal to buy the footwear and apparel retailer. What To Know: Dick’s Sporting Goods is getting close to finalizing a deal to acquire...

Skechers U.S.A., Inc. (NYSE:SKX) released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Skechers reported quarterly earnings of $1.34 per share, which beat the analyst consensus estimate of $1.17. Quarterly revenue came in...

Nike Inc (NYSE:NKE) reported first-quarter financial results after the market close on Tuesday. Here’s a rundown of the report. Q1 Earnings: Nike reported first-quarter revenue of $11.59 billion, missing analyst estimates of $11.65 billion. The athletic footwear and apparel company...

Fans of former President Donald Trump have the opportunity to get their hands on some memorabilia, including a unique pair of autographed golden sneakers, ahead of the 2024 presidential election. What Happened: Trump has released several products in recent years to reach his large fan base and...

When it comes to making above-average returns, young wealthy Americans are moving past U.S. stocks. What Happened: A total of $84 trillion could transition from seniors and Baby Boomers to the younger generations through 2045, according to The Bank of America Study of Wealthy Americans. The younger...

Golden Goose, an Italian luxury sneaker brand, has decided to postpone its initial public offering on the Milan stock exchange due to the prevailing political uncertainty in Europe. What Happened: The company, known for its high-end sneakers, has delayed its IPO, which was scheduled for June 21,...

Truist Securities analyst Joseph Civello downgraded Deckers Outdoor Corp (NYSE:DECK) stock to Hold from Buy and cut the price target to $864 from $983. The analyst wrote that Truist Card Data indicated HOKA's Direct-to-Consumer (DTC) growth decelerated in mid-February and remained softer through...

The man who paid a hefty sum for a pair of autographed shoes from Donald Trump is now set to meet the former president at his Mar-a-Lago estate. What Happened: Roman Sharf, the CEO of Luxury Bazaar, a luxury watch dealer, paid $9,000 for a pair of Trump’s autographed golden sneakers. He has...

Donald Trump’s newly launched Trump-branded sneakers have become a financial success, with the limited edition already sold out. However, experts are divided on whether the shoes will hold their value in the long run. What Happened: Trump’s “Never Surrender High Tops,”...

Adidas AG - ADR (OTCMKTS: ADDYY) is collaborating with Sony Group Corp. (NYSE: SONY) and Insomniac Games to release a special Spider-Man 2-themed collection, coinciding with the launch of Marvel's Spider-Man 2 on PS5. This collection is inspired by the moment when Peter Parker's...

U.S. stocks traded higher with the Dow Jones gaining over 110 points on Thursday. The Dow traded up 0.35% to 33,666.34 while the NASDAQ rose 0.83% to 13,201.28. The S&P 500 also rose, gaining 0.59% to 4,299.70. These are the top stocks that gained the attention of retail traders and investors...

Entrepreneur and VeeFriends founder Gary Vaynerchuk (aka Gary Vee) is further expanding the intellectual property of his NFT collection with a new collaboration with leading shoe company Reebok. The collaboration follows several past deals done by VeeFriends with companies like Jazwares, Macy...