S&P 500 climbs for eighth week, signaling strong market confidenceDecember 22, 2023 The S&P 500 witnessed a rise on Friday, contributing to an eighth successive winning week. This upsurge comes in the…
Nike and Foot Locker stocks dive as Nike cuts revenue forecastDecember 22, 2023 In a significant market development, shares of Nike and Foot Locker experienced a sharp decline following Nike’s announcement of a…
Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demandMay 15, 2023 One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off…