Dick’s Sporting Goods warned of heavier promotions and weaker footwear trends, sending Nike and On Holding lower as investors reassessed demand, product momentum and pricing across the athletic footwear industry.
Rising yields and geopolitical pressure collide with semiconductor weakness and a major shift toward nearly round-the-clock U.S. stock trading.
United Airlines is adding 10 international cities to its 2027 summer schedule, building on strong overseas revenue even as broader travel demand cools and elevated fuel costs pressure the airline industry.
Navitas Semiconductor is expanding deeper into AI data-center power infrastructure with a deal to acquire Claros for up to $232.8 million, more than doubling its identified 2030 addressable market while keeping its existing profitability timeline unchanged.