Nike Prepares for Key Earnings Report Amid Market Volatility
Nike Inc. is poised for a crucial quarterly earnings report today, with its stock currently at $89.13 and a cautious ‘Sell’ rating from analysts. Despite a slight increase, revenue has dropped by 6.9%. Traders are closely monitoring high implied volatility in the options market, indicating expectations of significant price movements. As geopolitical tensions impact market behavior, all eyes are on Nike’s performance and future guidance.
Stock Trader Turns $16,000 into $1 Million Profit Amid Rivian Surge
Learn how a stock trader turned $16,000 into $1 million profit with Rivian Automotive stock. Allegations of insider trading surround the trader’s $14 call options. Short sellers face significant losses as Rivian’s stock price surges. Market watchers warn of a potential short squeeze. Monitor insider activity closely for future trends.