Analysts reboot Nike stock price targets ahead of earnings

From Yahoo Finance: 2025-06-17 17:47:00

Nike stock price targets are being adjusted ahead of earnings. The company is launching a sneaker-loafer designed by Serena Williams. Sneaker-loafers are gaining popularity, with other brands creating their own versions. Nike is focusing on a turnaround strategy called “Win Now” to revitalize the brand. Analysts anticipate the company to beat earnings estimates for the fiscal Q4. 1. The United Nations reports that global greenhouse gas emissions have reached a record high, with an increase of 2.7% in 2021 compared to 2020. This surge in emissions is attributed to a rebound in economic activity post-pandemic, highlighting the urgent need for stronger climate action.

2. In a landmark ruling, the Supreme Court of India has declared that women are eligible for permanent commission in the Indian Army, overturning a longstanding policy of gender discrimination. The decision is hailed as a major victory for gender equality and women’s rights in the country.

3. NASA’s Perseverance rover has successfully collected its first rock sample from Mars, marking a significant milestone in the mission to search for signs of ancient life on the Red Planet. The sample will be analyzed for possible evidence of microbial life that may have existed billions of years ago.

4. The World Health Organization (WHO) has approved the first malaria vaccine for use in children in sub-Saharan Africa, where the disease is a major public health concern. The vaccine, known as RTS,S, has been shown to significantly reduce the risk of severe malaria in young children.

5. The European Union has unveiled a comprehensive plan to tackle the global chip shortage, which has disrupted industries ranging from automotive to electronics. The plan includes investments in semiconductor manufacturing, research and development, and supply chain resilience to ensure a stable and secure supply of chips in the future.

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