As supply-chain snarls ease up for big firms, Covid-19 lockdowns mean reduced sales and tighter margins for companies
→ Google Übersetzer
Dan Wieden attends the Ghetto Film School Annual Benefit Gala Celebrating Cinematic Education at The Standard Hotel on June 13, 2012 in New York City. Stephen Lovekin/Getty…
→ Google Übersetzer
Dan Wieden cofounded the famous ad agency Wieden and Kennedy, which was behind award-winning commercials, and dreamed up Nike''s "Just Do It."
→ Google Übersetzer
Nike is starting to feel the pressure.
→ Google Übersetzer
NIKE had its price target reduced by Credit Suisse Group from $124.00 to $110.00 in a report issued on Friday morning, The Fly reports. Credit Suisse Group currently has an…
→ Google Übersetzer
Cruise stocks fell after CCL issued its quarterly results. NKE and RCII also dropped on earnings news. FXLV surged on a takeover offer.
→ Google Übersetzer
A judge on Friday gave a victory to news outlets seeking to unseal additional records in a sweeping gender-discrimination lawsuit against Nike.
→ Google Übersetzer
A judge ordered Nike to unseal additional records in a sweeping gender-discrimination lawsuit. The ruling is a victory for news outlets that challenged the protective order in April. The lawsuit, filed in 2018, alleges that women at Nike were "devalued and demeaned." A judge on Friday granted a victory to a group of news outlets seeking to unseal additional records in a sweeping gender-discrimination lawsuit against Nike. In a 15-page ruling, US Magistrate Judge Jolie A. Russo said Nike must release more information about its pay practices, including information about what the plaintiffs allege is a pay gap between male and female employees. Nike had tried to block the release of the information, arguing that attorneys for the plaintiffs derived the pay information from confidential employee compensation data and that the release would allow competitors insight into Nike''s pay practices. Nike also disputed the accuracy of the calculation. Nike and the plaintiffs have 14 days to file written objections to the ruling.
→ Google Übersetzer
FedEx, Ford, AMD and Nike were among the worst performers for the month in the benchmark index.
→ Google Übersetzer
Stocks played dipsy-doodle with investors on Friday, as strength in resource stocks were compensated for by consumer stocks. All in all, it was a rough finish to the day, week, month and third quarter. The TSX Composite descended from early gains to only 2.38 points ahead of breakeven to close out Friday at 18,444.22. On the week, the index gave back more than 36.7 points, or 0.2%. The Canadian dollar subsided 0.73 cents to 72.40 cents U.S. For the month, the TSX was on pace to fall 4.2%, and headed for its second straight quarterly decline in what will be its longest losing streak since 2018. Real-estate was an unlikely leader among gaining stocks, with units of Boardwalk REIT adding two dollars, or 4.5%, to $46.45, while Summit REIT took on 72 cents, or 4.4%, to $17.17. In gold stocks, Wesdome Gold gained 46 cents, or 5.2%, to $9.36, while Kinross Gold rocketed 30 cents, or 6.1%, to $5.23. In materials, Osisko Mining leaped 42 cents, or 15.6%, to $3.11, while Fortuna Silver Mines galloped 23 cents, or 7.1%, to $3.48.
→ Google Übersetzer
A warning from Nike provides valuable insights for Club stocks Apple, Starbucks and TJX Companies.
→ Google Übersetzer
Nike has reported disappointing earnings and its peers are falling. Here''s what investors can expect from NKE stock, LULU and UAA.
→ Google Übersetzer
It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal Reserve would like. In addition, with shipping rates down from record levels, it’s not surprising that many shipping stocks have been whacked hard in 2022. But that may be an opportunity. According to the International Chamber of Shipping, 90% of world trade flows through the maritime shipping industry. That industry is headed by publicly traded companies. This is an extremely volatile sector, but it’s essential to the world’s supply chain. Still, when looking for the best shipping stocks, investors should consider the companies with strong balance sheets and a proven track record or competitive advantages in the sector. Here are seven of the best shipping stocks for investors to consider.
→ Google Übersetzer
Bank Of America analyst Chase Mulvehill upgraded NOV (NYSE: NOV ) with a price target of $19. Key Takeaways: "Trickle-down on the move; upgrade to Buy," Mulvehill said in a note. As NOV crushed earnings in the first half of 2022, management has guided the second half of 2022 adjusted EBITDA of 45% to 55% above the first half of the year levels. Mulvehill, who was previously Neutral on NOV, expects the company to benefit from rising oil field services capex, better pricing/fixed cost absorption and easing supply chains. NOV, formerly known as National Oilwell Varco, is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing . See Also: How To Trade Nike Stock Before And After Q1 Earnings The company is set to become debt neutral by year-end 2023, and Mulvehill reported that he expects some … Full story available on Benzinga.com
→ Google Übersetzer
A weak earnings report from Nike dragged down Under Armour shares.
→ Google Übersetzer
These are the stocks posting the largest moves in midday trading.
→ Google Übersetzer
Stocks to sell is a necessary discussion. Although it may feel good to remain loyal to an organization in the hopes of a substantial turnaround, it’s time to let go of some of the weaker entities. Fundamentally, the Federal Reserve plays an incredibly significant role in the red ink. With the central bank raising the key benchmark interest rate, borrowing costs increased, thereby hurting risk-on sentiments. For instance, heading into the final day of trading in September, the S&P 500 slipped 24% on a year-to-date basis. Therefore, it’s prudent to consider certain stocks to sell. In addition, InvestorPlace’s Louis Navellier probably said it best regarding troubled corporate entities. Essentially, their problems become your problems if you acquire their securities. The point about stocks to sell isn’t about “hating” on certain companies. Rather, you want to keep your portfolio drama free heading into a contentious October. NKE Nike $83.83 ANF Abercrombie & Fitch $15.75 LYFT Lyft $13.54 SKT Tanger Factory Outlet $13.68 RDFN Redfin $5.86 KBH KB Home $26.17 OPEN Opendoor $3.10 Nike (NKE) Source: Shutterstock Prior to the fiscal first-quarter earnings report for Nike (NYSE: NKE ), I mentioned that Wall Street was waiting anxiously for the results .
→ Google Übersetzer
"You Will Rent Nothing And You Will Be Happy": Rent-A-Center Crashes After Pulling Guidance Due To Collapsing "Economic Conditions" How bad is it out there? So bad Americans can''t even afford to rent any more, or as Biden would put it: "the strongest economic recovery in recent history." My first two years in office spurred the strongest economic recovery in recent history. Today, I''m releasing my Economic Blueprint, a look at how our wins are rebuilding an economy that works for working families. https://t.co/eSlr3ymdo8 It''s long. So here are the big things: — President Biden (@POTUS) September 9, 2022 In addition to the previously discussed implosion at Nike, whose stock is getting crushed by the bullwhip effect sending inventories soaring as US consumers hit a recession brick wall, a middle-American staple is getting hammered even harder: yes, Rent-A-Center is down as much as 20% today… ... one of its biggest one-day drops on record, which has pushed the stock back to April 2020 levels.
→ Google Übersetzer
Under Armour Inc (NYSE: UA ) shares are trading lower Friday in sympathy with Nike Inc (NYSE: NKE ), which fell after the company reported first-quarter financial results. NKE Q1 Revenue: $12.7 billion beat estimates of $12.27 billion NKE Q1 EPS: 93 cents beat estimates of 92 cents First-quarter revenue was up 4% year-over-year, but earnings fell 20%. The Nike Brand Digital business jumped 23%, driven by double-digit growth in EMEA, North America and APLA, partially offset by declines … Full story available on Benzinga.com
→ Google Übersetzer
The retail sector is reacting to a disappointing read on margins from Nike (NKE) due to the athletic apparel giant''s efforts to clear excess in inventory. Read more,
→ Google Übersetzer
Pre-open movers U.S. stock futures traded higher in early pre-market trade on Friday after recording sharp losses in the previous session. The Dow fell 1.54% on Thursday, while the S&P 500 declined 2.11% to 3,640.47, notching a new closing low for the year. US major averages are on pace to record losses for the month, with the Dow and S&P down around 7.3% and 7.9%, respectively in September. Data on personal income and outlays for August will be released at 8:30 a.m. ET. Personal income is expected to increase 0.3% in August, while personal consumption expenditures are likely to rise 0.2%. The Chicago PMI for September is scheduled for release at 9:45 a.m. ET, while the University of Michigan''s consumer sentiment index for September will be released at 10:00 a.m. ET. Federal Reserve Vice Chair Lael Brainard is set to speak at 9:00 a.m. ET, while Federal Reserve Governor Michelle Bowman will speak at 11:00 a.m. ET. Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 12:30 p.m.
→ Google Übersetzer
Dow futures changed little overnight, along with S&P 500 futures and Nasdaq futures, with nike ( NKE ) And the micron technology ( mo ) Earnings are in focus and the Fed’s favorite inflation gauge is on deck. X The stock market sold out heavily on Thursday, erasing Wednesday’s gains. The S&P 500 has reached its lowest levels in a bear market. The Nasdaq Composite didn’t quite cut its June lows, but the big Nasdaq 100, led by Apple Inc. Tesla ( TSLA ). Treasury yields rebounded somewhat on Thursday, while unemployment claims fell to a five-month low, something the Fed doesn’t want to see. apple ( AAPL ) And the Carmax ( KMX ) caused massive losses on Thursday. After paring losses on Wednesday due to a report of iPhone production cuts due to weak demand, Apple shares sold sharply on Thursday, in part due to an analyst downgrade, with iPhone chip makers also suffering. Carmax ( KMX ) severely lost earnings views Thursday morning, warning of “affordability challenges.” For largely similar reasons, Moody’s lowered its outlook for the global auto industry to negative from stable.
→ Google Übersetzer
Nike (NYSE:NKE) recently reported earnings for its first quarter of Fiscal Year 2023. Diluted earnings per share came in at $0.93, which beat analysts'' consensus estimate of $0.92 per NKE share. In the past nine quarters, the company has beaten estimates nine times. Sales increased 4% year-over-year (10% on an fx-neutral basis), with revenue hitting $12.7 billion compared to $12.25 billion, higher than the $12.28 billion that analysts were looking for. In addition, the company demonstrated operating deleverage since earnings fell despite higher revenue. Indeed, diluted EPS fell 20% as revenue increased 4%. Likewise, NKE''s EBIT margin fell from 17.7% to 14.5%.
→ Google Übersetzer
WASHINGTON COUNTY (dpa-AFX) - Athletic-apparel giant NIKE Inc. (NKE) Thursday reported its first-quarter results, with profit dropping from last year, hurt largely by increase in costs. However, e…
→ Google Übersetzer
The major US indices fell sharply with both the S&P index and the NASDAQ index erasing the gains from yesterday. The Dow industrial average fell sharply but declines were less vs. the gains yesterday. The S&P 500 closed at the lowest level since November 2020. Two Dow stocks were higher: Travelers and Visa Apple shares of fell around $8 or -5.31% and is closing below its 100 week moving average at $146.01. The closing level is at $141.87. Bank of America downgraded the stock to neutral from buy Major averages are negative on the week heading into the final day tomorrow NASDAQ lower for the 1st time in 3 trading days The final numbers are showing: Dow industrial average fell -456.17 points at -1.54% at 29227.58. The index fell rose 1.88% yesterday S&P index fell -78.33 points or -2.11% at 3640.69. Yesterday the index rose 1.9% NASDAQ index fell -314.12 points or -2.84% at 10737.52. Yesterday the index rose 2.05% Russell 2000 fell -40.31 points or -2.35% at 1674.93. The index rose by 3.17% yesterday Micron (and Nike) is reporting quarterly results after the bell.
→ Google Übersetzer
TOKYO (AP) — Japanese basketball fans will get to see NBA stars up close when the reigning league-champion Golden State Warriors take on the Washington Wizards in two preseason games. Not surprisingly, Stephen Curry and Japanese-born Rui Hachimura will be the star attractions for each team. And as clearly as the logo of Japanese online retailer Rakuten is splashed on Curry’s jersey, big money is riding on the NBA’s most recent foray into Japan. Junya Ogura, senior manager at Japanese automaker Nissan’s brand and media strategy department, thinks it’s all worth it, given the NBA’s strong appeal to the younger generation, a trend that’s backed up by marketing studies. Nissan Motor Co., which sponsors Japanese professional baseball and soccer, had a high-profile deal with tennis superstar Naomi Osaka which recently ended. This is the first time it’s sponsoring NBA games. The tickets cost up to 420,000 yen ($2,900) each for courtside “VIP” seats. Both Friday and Sunday games are sold out at the Saitama Super Arena “These are the Japanese people who grew up on Michael Jordan,” said Ogura. “We are banking on a return that will come in the future.” The NBA has drawn 15 marketing partners to support the preseason games in Japan, including American Express, Hennessy, NEC and Nike, and now has 19 marketing and promotional partners in Japan.
→ Google Übersetzer
Sneakerheads are thinking twice before splurging on the newest set of kicks as the rising cost of living takes a toll on consumer spending, setting the stage for a potential slowdown in sales for Nike Inc in coming months. At least eight brokerages have cut their price targets on Nike in the two weeks ahead […]
→ Google Übersetzer
Here is a look at what analysts expect to hear from these three companies when they report earnings on Thursday and Friday.
→ Google Übersetzer
The S&P 500 dipped back into bear market territory last week, but the bottom hasn’t fallen out… at least, not yet. In last week’s livestream , we explored the fallout from the Fed announcement and looked to speculate future Fed action as the rest of the year progresses. We also examined the Fed’s updated economic projections going all the way out to 2025, which pointed to an economic slowdown. Whether that happens remains to be seen, but it’s hard to look on the bright side when investors seem to have such a negative outlook. Pain Across the Pond The Bank of England raised its target rate by 50 basis points (0.5%) last week. However, traders are convinced the bank will have to do it again to counteract a new tax-cut/stimulus plan created by the new prime minister’s government. Bond traders see the need for a much larger hike to stem the decline of the pound and to control inflation. This is a problem for the markets. Basically, Liz Truss, the new PM, plans to cut taxes, which means the BOE will have to raise rates faster than anyone was planning on, and the economy could slow faster than expected.
→ Google Übersetzer
The cake was delivered by an Instacart driver from North Carolina all the way to Oregon.
→ Google Übersetzer
Nike has underperformed the market since our previous update in August. NKE''s long-term bottom remains intact. Read why we reiterate our Buy rating on NKE.
→ Google Übersetzer
Walmart is making another move to generate buzz among younger consumers, entering the metaverse in collaboration with Roblox and joining the likes of Nike, Tommy Hilfiger and Ralph Lauren among others on the online gaming platform. The retail giant is launching two new interactive experiences within Roblox called Walmart Land and Walmart’s Universe of Play. […] Walmart Enters the Metaverse in Latest Gen Z Play
→ Google Übersetzer
Dow futures rose 140 points ahead of Tuesday’s open. The Dow Jones Industrial Average ended in a bear market, down 20% or more from its recent high, selling more than 300 points on Monday. X stock market today On Monday, the Dow Jones Industrial Average sold 1.1%, while the S&P 500 fell 1%. The tech-heavy Nasdaq Composite is down 0.6%. Small cap Russell 2000 lost 1.4%. within money exchange circulating Nasdaq 100 Invesco QQQ Trust Tracker ( QQQ (Down 0.4%, SPDR S&P 500) spy ) decreased by 1%. This week’s key earnings reports come from Jbeil ( JBL ), Cal Men’s Food ( calm ), Carmax ( KMX ), centas ( CTAS ), Jeffreys ( JEF ), micron technology ( mo ), Dow Jones nike ( NKE ) And the Paychex ( PayX ). Giant EV Tesla ( TSLA ) rose 0.25% after reversing its early losses on Monday. within Dow Jones stock And the apple ( AAPL ) rose 0.2%, while Microsoft ( MSFT ) lost 0.2% in Stock market today. In light of the continued weakness of the stock market, double check ( DV ), Air hostess Trademarks ( TWNK ), Neurobiological Sciences ( NBIX ), Toro ( TTC ) And the Vertex Pharmaceuticals ( VRTX ) – as well as Dow Jones stock United Health ( United nations ) – Among the top stocks to watch.
→ Google Übersetzer
Dow Jones falls, Nasdaq pares losses; IBD 50 stock hits buy point; personal consumption data and Micron earnings on tap.
→ Google Übersetzer
The U.S. Dollar Index (DXY), which measures the strength of the dollar against a host of major currencies, is reaching 20-year highs and that''s bad news for businesses like Nike Inc (NYSE: NKE ), which releases earnings on Thursday. First, a little insight. The Federal Reserve initially created the DXY in 1973 to offer an external bilateral trade-weighted average value of the dollar against other world currencies. When the U.S. dollar gains strength in relation to other currencies, the U.S. Dollar Index rises. The index is based on the following six currencies: Euro (EUR) 57.6% weight Japanese yen (JPY) 13.6% weight Pound sterling (GBP) 11.9% weight Canadian dollar (CAD) 9.1% weight Swedish króna (SEK) 4.2% weight Swiss franc (CHF) 3.6% weight Here is the performance of the same six currencies, on a one-year basis. Euro: -17.96% Japanese yen: -23.4% Pound sterling: -21.8% Canadian dollar: -8.2% Swedish króna: -24% Swiss franc: -7.15% Given that the Pound has fallen to all-time lows and the Euro …
→ Google Übersetzer
Analysts cut price targets ahead of Nike earnings Thursday. The Dow retailer faces headwinds from China and a strong dollar.
→ Google Übersetzer
Up to bat with another potential profit warning: mighty Nike.
→ Google Übersetzer
Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers First a quick word about the week which just passed: as DB''s Jim Reid notes, " I think everyone felt they were swimming in a tsunami of newsflow last week after one of the most incredible macro weeks in recent memory in terms of breadth of events. Yes there have been more extreme weeks in crises but last week had a bit more variety and was outside of a crisis period. If over 500bps of global rate hikes wasn’t enough, you also had 2yr US yields moving higher for the 12th successive day on Friday (the longest steak since data begins in 1976), the BoJ intervening in FX markets for the first time since 1998, and what can only be termed as one of the darker days for sterling assets on record on Friday after a mammoth tax giveaway in what was a mini-budget in name and not by nature." With that in mind, let''s go over the key event overnight, where the right-wing alliance led by Giorgia Meloni''s Brothers of Italy party was set to become the nation’s first woman prime minister after exit polls gave it a clear majority.
→ Google Übersetzer
Monday morning’s analyst upgrades and downgrades included BP, Farfetch, Golden Ocean, Lyft, NexTier Oilfield Solutions, Nike, Spirit AeroSystems, TotalEnergies and Unilever.
→ Google Übersetzer
NIKE reports fiscal Q1 ''23 financial results after the closing bell on September 29, ''22. Learn more about NKE''s results estimates, revisions, and valuation.
→ Google Übersetzer
Monday U.S. Economic Lookahead Chicago Fed national activity index (Aug.) Featured Earnings Legend Biotech Corporation (NASDAQ: LEGN) (Q3) EPS estimates for loss of 58 cents, compared to a loss of 32 cents in the prior-year quarter. NextDecade Corporation (NASDAQ: NEXT) (Q2) EPS estimates for loss of seven cents, compared to a loss of 13 cents in the prior-year quarter. Legacy Housing Corporation (NASDAQ: LEGH) (Q3) EPS estimates of 55 cents, compared to 51 cents in the prior-year quarter. Canada Featured Earnings Aurora Cannabis Inc. ( T.ACB ) (Q4) EPS estimates for loss of 27 cents, compared to a loss of 68 cents in the prior-year quarter. Avivagen Inc. ( V.VIV) (Q3) EPS estimates for loss of two cents, compared to a loss of three cents in the prior-year quarter. Tuesday U.S. Economic Lookahead Durable goods orders (Aug.) S&P Case Shiller U.S. home price index (July) FHFA U.S. home price index (July) Consumer confidence index (Sept.) New home sales (Aug.) Featured Earnings Jabil Inc.
→ Google Übersetzer
Dr. Dre, Mary J. Blige, Snoop Dogg and 50 Cent perform in the Super Bowl 56 halftime show on Sunday, Feb. 13, 2022, in Inglewood, Calif. The NFL has announced that Apple Music will be the league’s new partner for the Super Bowl Halftime Show. The multiyear deal will begin with Super Bowl 57 on Feb. 12, 2023. Tyler Kaufman, Associated Press The NFL announced late Thursday that Apple Music will be the league’s new partner for the Super Bowl halftime show. The multi-year deal will begin with Super Bowl 57 on Feb. 12, 2023. “We are proud to welcome Apple Music to the NFL family as our new partner for the iconic Super Bowl Halftime Show,” said Nana-Yaw Asamoah, senior vice president of partner strategy for the NFL . “We couldn’t think of a more appropriate partner for the world’s most-watched musical performance than Apple Music, a service that entertains, inspires and motivates millions of people around the world through the intersection of music and technology.” The deal stems from negotiations between the NFL and Apple over rights to stream the NFL Sunday Ticket on AppleTV, seeking as much as $2.5 billion, according to the New York Times .
→ Google Übersetzer
Welcome to Seeking Alpha''s Catalyst Watch - a breakdown of some of next week''s actionable events that stand out
→ Google Übersetzer
Next week will see earnings from Nike (NKE), Micron (MU), Cracker Barrel (CBRL), Thor Industries (THO), Paychex (PAYX), Carmax (KMX), Bed Bath & Beyond (BBBY) and Rite Aid (RAD).
→ Google Übersetzer
Usually, the winter season brings levity to people as the holidays approach, but the chilly economic nature this year brings up the uncomfortable topic of retail stocks to sell. Fundamentally, Federal Reserve Chair Jerome Powell indicated that his top priority is controlling inflation . What’s more, Powell made good on his statements, with the central bank raising the benchmark interest rate . Moving forward, it’s not so much about the rate hike itself (up 0.75%) that matters. Instead, it’s all about intentions. Essentially, the Fed will do whatever it takes to get inflation under control. If that means constantly raising rates until the target is achieved, that is what will happen. Naturally, stocks to sell became a hot topic — and not just for the retail segment. However, retail does garner a disproportionate amount of the negative spotlight because people can always cut back on discretionary spending. Therefore, investors will want to be extra cautious about the following stocks to sell.
→ Google Übersetzer
Finding S&P 500 stocks to buy on the dip can be tough since it’s not clear how much more they’ll dip. There’s no respite for stock market investors this fall. As long as Fed Chair Jerome Powell keeps hiking interest rates aggressively, it seems that the market will be under further pressure. Indexes took another sharp turn lower this week following the latest Fed move, and there’s no pause in sight yet. Pundits are focused primarily on inflation and macroeconomic conditions at the moment. And that’s understandable. However, when the stock market falls this far this fast, investors willing to step into the arena can grab some compelling opportunities. Let’s be clear, there’s no sign that the S&P 500 is set to bottom in the near term, so there is some risk in these S&P 500 stocks to buy on the dip. Chair Powell made it very clear in his speech this week that inflation remains persistently too high and that the Fed has a ways to go in reining in inflation. The current market struggles could easily persist into 2023.
→ Google Übersetzer
A trader selling this spread would receive $50 in option premium and would have a maximum risk of $450. This is a short-term, high risk trade.
→ Google Übersetzer
Morgan Stanley cut the price target for NIKE, Inc. (NYSE: NKE ) from $149 to $129. NIKE shares fell 0.6% to $99.20 on Thursday. B of A Securities raised the price target on General Mills, Inc. (NYSE: GIS ) from $74 to $81. General Mills shares rose 1.2% to $80.70 on Thursday. Truist Securities cut Biogen Inc. (NASDAQ: BIIB ) price target from $270 to $265. Biogen shares fell 1% to $197.30 on Thursday. Baird lowered the price target on Cognizant Technology Solutions Corporation (NASDAQ: Full story available on Benzinga.com
→ Google Übersetzer
It’s looking like one of the biggest mistakes in the inflation analysis this year was the conviction with which many said it was primarily a supply-chain problem. Crude oil is down 35% from its high and is below where it traded before Russia invaded Ukraine seven months ago. Same with wheat and lumber. The further we get from the original COVID shutdowns, the more the supply chain unbuckles. China has been a big laggard, but even the closures this past quarter weren’t worse than in 2020. Despite these improvements, inflation is stuck above 8%. Supply chain pressures have eased, yet inflation hasn''t meaningfully moved. So the sticky part of inflation looks to come more from elevated demand. This rings true in the robust employment picture as well as the details from consumer goods companies like Nike (NYSE: NKE ) and Target (NYSE: TGT ) that now have too-large inventories. The issue is not that they don''t have the supplies to deliver the goods, the issue is that … Full story available on Benzinga.
→ Google Übersetzer
A growing number of physical items are being immortalized in NFT form. What are the opportunities here… and the challenges that need to be addressed? Where are the challenges that face the NFT sector in the future being discussed? Mattereum is hosting a dedicated event to discuss physical asset NFTs on Sept. 21. The meetup begins at 6pm London time — that''s 7pm in Berlin, 1pm in New York, and 10am in California. A previous event was held in July 2022, and set out how coveted high-value assets such as red wine, fine art and real estate could benefit from Mattereum''s approach to NFTs. With an ever-growing number of blue-chip companies exploring this space, adoption among everyday consumers will continue to skyrocket. Mattereum is determined to ensure that the industry gets off on the right foot, with investor protection a number one priority. Learn more about Mattereum Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
→ Google Übersetzer