Nike’s activewear line with Skims. Courtesy: Nike SKIMS Nike‘s highly anticipated activewear line with Kim Kardashian’s intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. The partnership, dubbed NikeSKIMS, is a key part of the sneaker company’s strategy to win over more…
After an explosive start to the year, Hims & Hers Health, Inc. (HIMS) is now trading in an intermediate-term range above long-term support from the weekly cloud model (shaded area on the chart) and the 200-day (~40-week) moving average, both of which define the stock’s cyclical uptrend. The uptrend remains healthy and is supported by…
Packages of Michelob Ultra are displayed at a BevMo store on December 16, 2024 in Larkspur, California. Justin Sullivan | Getty Images Michelob Ultra has overtaken Constellation Brands‘ Modelo Especial as the best-selling beer in the United States. Michelob Ultra claimed the top spot as the best-selling beer in retail channels in the 52 weeks…
[The stream is slated to start at Noon ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] New Federal Reserve Governor Stephen Miran speaks Monday to the Economic Club of New York to explain his views on the economy and monetary…
Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on Monday. A…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its…
Check out the companies making headlines in midday trading : Better Home & Finance Holding — The mortgage lender briefly soared as much as 176% Monday after hedge fund manager Eric Jackson in a social media post on X called Better Home “the Shopify of mortgages” and said the company is rebuilding a $15 trillion…
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty Images Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he thinks the…
The stock market scaled to record levels recently, leading some executives at major corporations to cash in. Below is a roundup of some notable stock sales by executives or officers of major companies, filed with the Securities and Exchange Commission last week. These exclude where the filing explicitly says the sale was conducted pursuant to…
A preliminary deal to keep TikTok alive in the United States will not involve the federal government taking an equity stake or a “golden share” in the social media company, a senior White House official said Monday. The official confirmed that the deal will base the popular video app’s U.S. operations in the states as…
