Introducing WSJ’s Take On the Week

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 24 September 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

WSJ’s Take On the Week brings you the insights and analysis you need to get a leg up on the business and financial week to come. In less than 20 minutes, host Dion Rabouin cuts through the noise to explain the major business and financial news that may move markets, all so you can make smarter investing decisions. Episodes drop every Sunday. This week, we have our eye on the sneaker giant Nike. The company behind the Lebron 21, Air Force 1 and Air Jordans is expected to report its first quarter earnings, and it comes at a pivotal time. Nike stock is down around 20% year to date, as it faces a glut of inventory and a rash of thefts. Ahead of the holiday shopping season, Barclays analyst Adrienne Yih explains why she thinks it’s time to Just Do It and bet on Nike stock going higher. We’re also adjusting our collars as we gear up for Paris Fashion Week. What does the semiannual designer presentation tell us about how luxury brands are doing in the market? WSJ reporter Nick Kostov will let us know. And with the release of the new movie “Dumb Money” about the GameStop saga, we’re going to talk meme stocks with WSJ’s Gunjan Banerji. Further Reading How Nike Sneakers Get Stolen at Every Turn Nike Broke Up With Retailers. Now It’s Trying to Win Them Back. It’s Not Your Imagination—Shopping in Person Is Getting Worse Americans Are Buying Less Bling The World’s Richest Person Auditions His Five Children to Run LVMH, the Luxury Empire For more coverage of the markets and your investments, head to WSJ.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Shopify.
0:03.0	That's what I hear when I make another sale on Shopify.
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0:12.0	Shopify is revolutionising millions of businesses worldwide.
0:17.0	So sign up for a £1 per month trial period at Shopify.co.uk
0:23.0	slash podcast23 all lowercase
0:26.0	and take your business to the next level today.
0:29.0	Hey what's news listeners, it's Luke Vargas.
0:32.0	The news is moving so fast that it can be hard to know where to focus, especially when it comes to what might affect your investments.
0:39.0	But the Wall Street Journal is here to help.
0:42.0	Our new podcast, WSJ's Take on the Week, cuts through the noise to explain the major business and financial news that may move the markets.
0:51.0	It comes out on Sundays and it's designed to help you make smarter investing decisions and take on the week with confidence.
0:58.0	We wanted you to hear it and if you like the show, be sure to subscribe.
1:03.0	Alright, enjoy.
1:05.0	What's good everybody, it's Sunday September 24th.
1:11.0	I'm D.M. Roboan for the Wall Street Journal and this is WSJ's Take on the Week.
1:17.0	The show where we break down the most important things to watch in business and financial news.
1:22.0	We cut through the noise to get you ready for what matters.
1:26.0	This week Nike is set to report earnings.
1:29.0	The global sneaker giant is looking a little less formidable these days with it stocked down by around 20% year to date.
1:36.0	We'll talk to a top analyst who's bullish on the company about what's gone wrong and why she still has faith the company can turn things around.
1:45.0	And a new comedy about the meme stock trading craze is coming out this week in wide release.
	...

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