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Nike (NKE.N) shares fell nearly 10% in after-hours trading.
Nike (NKE.N) CFO: We expect revenue to decline by a low single-digit percentage in the third fiscal quarter.
Nike (NKE.N) CFO: Over the past few years, the Greater China region has faced the problem of continuously declining traffic and rising inventory.
Nike (NKE.N) CEO: Expected to restore EBIT margin to double digits.
Documents show that Trump Media Technology Group (DJT.O) signed an unsecured convertible promissory note with TAE, under which TMTG agreed to provide TAE with $200 million in funding.
The documents show that if the deal is terminated under certain circumstances, Trump Media Technology Group (DJT.O) may need to pay a termination fee of $90 million to nuclear fusion company TAE.
Nike (NKE.N) CEO: The company will focus on sports products to drive growth, and the recovery will not be a straight line.
According to the Wall Street Journal, Meta is developing a new artificial intelligence image and video model codenamed "Mango".
The Federal Reserve reported that its reserves fell to $2.93 trillion in the week ending December 17, a decrease of $40.1 billion from the previous week. This level is the lowest since December 3.
Conflict Situation: 1. Ukraine—① Ukraine's acting energy minister stated that the Russian nighttime attack resulted in power outages for 180,000 users in five regions. 2. Russia—① Russia has formed a brigade equipped with the new hypersonic medium-range ballistic missile "Hazelnut". ② The Russian Aerospace Forces have formed a unit equipped with the S-500 air defense system. ③ The governor of Rostov-on-Don stated that a cargo ship caught fire in a drone attack in the region, resulting in three deaths. Other Situations: 1. Ukraine—① Ukrainian President Zelensky stated that European representatives could participate in talks held in the United States. ② The identity of a suspect in the Nord Stream 2 bombing has been revealed: he was an active-duty soldier in the Ukrainian army at the time of the attack. ③ Ukraine has completed the restructuring of GDP-linked warrants, fully converting them into bonds to alleviate its fiscal burden. 2. Russia—① According to the Axios website: Russian envoy Dmitriev is expected to meet with US envoy Witkov and Trump's son-in-law Kushner. ② The Central Bank of Russia officially announced that it will seek compensation from the European Clearing Bank through the arbitration court. ③ Russia says it has not yet received a response from the US to its proposal to extend the New START Treaty. 3. Other—① Trump: (Regarding the Ukraine meeting) They are close to reaching some kind of agreement, but I hope Ukraine will act quickly. ② Belgian Prime Minister: Using Russian assets could weaken the euro's position in the world market. ③ Hungarian Prime Minister Orbán: I think the issue of Russian assets is hopeless; we have enough votes to form a veto. ④ Swedish Prime Minister: There are no signs of a solution to the issue of funds in Ukraine. In our view, the solution is to use the frozen Russian assets. ⑤ The EU sanctioned 41 ships in Russia's "shadow fleet," and the UK added 24 more targets to its sanctions against Russia.
Foreign central banks held -$10.213 billion in U.S. Treasury securities in the week ending December 12, compared with $5.429 billion in the previous week.
Nike (NKE.N) shares fell more than 2% in after-hours trading after the company released its quarterly results.
U.S. Democratic Representative Don Beyer: The proposed merger between Trump Media Technology Group and nuclear fusion company TAE Technologies has raised serious concerns about conflicts of interest and potential avenues for corruption.
Nike (NKE.N) reported a 17% decline in revenue in Greater China in the second quarter of fiscal year 2026.
Nike (NKE.N) reported revenue of $12.427 billion for Q2 of fiscal year 2026, compared to market expectations of $12.221 billion and $12.354 billion in the same period last year.
The Dow Jones Industrial Average rose 65.88 points, or 0.14%, to close at 47,951.85 on Thursday, December 18; the S&P 500 rose 53.33 points, or 0.79%, to close at 6,774.76; and the Nasdaq Composite rose 313.04 points, or 1.38%, to close at 23,006.36.
The U.S. saw a net inflow of long-term capital of $17.5 billion in October, revised from $179.8 billion to $173.2 billion in October.
Foreign investors net bought $61.2 billion of U.S. Treasury bonds in October, compared with a revised figure of $25.1 billion in the previous month (originally reported as $25.5 billion).
The U.S. reported a net outflow of international capital of $37.3 billion in October, compared with a revised figure of $184.3 billion in the previous month (originally reported as $190.1 billion).
Sources say Angel Cid, head of exploration and production at Pemex, is expected to resign in the coming days.
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