NKE News & Events

Moderately bullish activity in Nike (NKE), with shares up 28c, or 0.62%, near $44.66. Options volume roughly in line with average with 125k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.53 near 38.06,and above the 52wk median, suggesting an expected daily move of $1.07. Put-call skew flattened, suggesting a modestly bullish tone.

The major averages finished broadly lower for the second day in a row, with weakness in semiconductors and high-growth technology names leading the declines. Investors are keeping an eye on the oil market following President Trump's cancellations of planned strikes in Iran. Crude oil prices pulled back a little after the news, but remain elevated amid continued tensions in the region.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Home Depotreportedand reiterated its FY26 outlookBlackstonewill invest $5B in awith GoogleAmer Sportsprovided areport for Q1Agilysysreportedand provided guidance for FY27Googleannounced a number of AI-powered products, includingwith companies such as Nike, Samsung, and Instacartalso announcing Gemini integrations2. WALL STREET CALLS:GuggenheimStubHubwith growth picking up in Q2Jazz Pharmaceuticalsto Buy at UBSX-energy, a developer of advanced small modular nuclear reactors, sawwith a mix of Buy and Hold ratingsBofA"miscast" Zeta Globalwith a BuyBofAcoverage of Lightspeedand ZoomInfowith Underperform ratings3. AROUND THE WEB:Appleis reorganizing its hardware development to speed future devices, Bloomberg saysAI chip startup Tenstorrent is drawing early takeover interest from prospective buyers, including Inteland Qualcomm, as it looks to challenge Nvidiaand AMD, Bloomberg reportsAnalog Devicesis in advanced talks to acquire artificial intelligence chip company Empower Semiconductor for about $1.5B in cash, Bloomberg reportsThe New York Timeshas sued the U.S. Department of Defense, alleging that a new Pentagon policy violates the First Amendment, Wemple reportsMexican President Claudia Sheinbaum has conditioned Royal Caribbean'splanned "Perfect Day" water park in on the preservation of the local ecosystem, RMN says4. MOVERS:Bakktwas higher after Director Michael AlfredRelay Therapeuticsincreased afterzovegalisib showed potential efficacy in vascular anomaliesKE Holdingsgained in New York after, with EPS and revenue beating consensusT1 Energywas lower after Fuzzy Panda said it wasWarby Parkerfell after5. EARNINGS/GUIDANCE:Driven Brands, with CEO Danny Rivera commenting, "Driven Brands delivered a solid fourth quarter and full year"Eagle Materials, with EPS and revenue beating consensusBally's, with CEO Robeson Reeves commenting, "We delivered solid first quarter results across the enterprise"Bilibili, with EPS beating consensusAntalphaand provided guidance for Q2INDEXES:The Dow fell 322.24, or 0.65%, to 322.24, the Nasdaq lost 220.03, or 0.84%, to 25,870.71, and the S&P 500 declined 49.44, or 0.67%, to 7,353.61.

Nike (NKE) said it is expanding on its vision to elevate and integrate the marketplace with a new AI-powered shopping experience. Consumers in the U.S. will be able to more easily and quickly discover and purchase Nike products directly from Nike in the Gemini (GOOGL) app and AI Mode in Google Search. The capability is designed to reduce steps between inspiration and action, helping consumers move from product discovery to checkout directly on Google's conversational experiences. Ahead of this summer's football tournament, Nike will integrate with Google's new AI commerce capability. "With this new AI-powered shopping experience, Nike is again elevating the marketplace and how consumers engage with sport - using technology to anticipate their needs and connect them to our brand in more intuitive, seamless ways," said Shannon Glass, VP, Nike Direct. "There's no better time than the world's biggest global football moment for us to show up with innovation that meets athletes when they're inspired and when sport is at its peak."