Nike Drops; Microsoft Ticks Higher; Bloom Energy Rallies
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nike (NKE) shares are dropping after the sneaker company said on its conference call revenue expectations for the next two quarters are now seen down low-to-mid single digits from down low single digits earlier. The company also said its 4Q results were “in line” with its expectations, but that the operating environment is “increasingly challenging,” and with sell-through also remaining “challenged.”
- Microsoft (MSFT) is ticking higher as it's set to announce more job cuts next week, citing a report from Business Insider.
- Bloom Energy (BE) are rising after the announcement the company expanded its partnership with Brookfield from $5 billion to $25 billion to help grow the fuel cell partnership globally.
- Intuitive Machines (LUNR) shares are higher on news NASA selected Astrobotic, Firefly Aerospace and Intuitive Machines for four moon missions in late 2028 as part of the Moon Base Program.
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