Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
On the cusp of Alphabet Inc‘s GOOG GOOGL annual developer event, Google I/O, BofA analyst Justin Post maintained a Buy rating on Alphabet with a price target of $200....
Skechers Inc. SKX and Super League Enterprise Inc SLE are launching a virtual store in Roblox Corp’s RBLX Livetopia’s Topia Mall. The aim is to engage...
Planet Fitness, Inc. PLNT shares are trading higher on Thursday after reporting first-quarter results. The company reported adjusted earnings per share of 41 cents, missing the street view of...
Tesla Inc TSLA faces escalating job cuts in China as it contends with pressure to regain market share in the world’s largest auto market. Additional layoffs...
Tapestry Inc TPR reported a third-quarter FY24 sales decline of 2% year-on-year to $1.482 billion, missing the analyst consensus estimate of $1.498 billion. Excluding a currency headwind of...
Thursday, The Beachbody Company Inc BODI announced a strategic partnership with Dr. B, a telehealth provider that offers $15 online consultations for common conditions in all 50 U.S. states. The...
Adient PLC ADNT has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries...
Hibbett, Inc. HIBB shares are trading higher by 18% in the premarket session on Tuesday. Hibbett announced a definitive agreement in which JD Sports Fashion PLC JDSPY will acquire Hibbett for...
Alibaba Group Holding Ltd BABA has introduced a novel shopping application for Taobao, China’s largest online market. The application is designed for Apple Inc’s AAPL Vision Pro mixed-reality headset. This initiative...
Morgan Stanley MS reportedly plans to initiate workforce reductions in the Asia-Pacific region and intends to cut approximately 50 jobs, primarily in Hong Kong and China. These...