Nike Reports Results… And Economic Track Records Ahead Of Presidential Debate 6/27/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 27 June 2024

⏱️ 44 minutes

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Summary

Nike swooshing lower after reporting a revenues miss. The details out of the company’s conference call, and how you should play the retailer. Plus Presidential impact. A look at the economic records under President Biden and Former Presiden Trump, as the two go head-to-head in tonight’s presidential debate. Fast Money Disclaimer

Transcript

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0:00.0	Live in the Nesac Market Site in the heart of New York City's Times Square,
0:06.4	this is fast money. Here's what's on tap tonight. The Nike Swoon shares
0:10.3	hitting 18-month lows after its latest earnings report.
0:13.2	We've got all the details on the footwear giants quarter and we'll bring you all the headlines
0:16.3	from that conference call.
0:17.7	Plus, out of AI and into what?
0:20.8	As the red-hot semi-tray loses steam, where is the money flowing?
0:23.8	The great rotation may already be underway and the beneficiaries may surprise you.
0:28.9	And later, roaring Kitty barks.
0:31.1	The market provocateur sending out a cryptic message this afternoon.
0:34.6	The sun shares of chewy and other pet stocks on a volatile ride.
0:38.1	What the options market is saying about the moves.
0:40.2	I'm Melissa Lee.
0:41.1	I'm Gee
0:47.3	Gila from Studio B at the Nasak on the death tonight.
0:43.3	Karen Feinerman, Dan Nathan, Guyadami, and former Bridgewater Chief Strategist,
0:47.2	Rebecca Patterson.
0:48.2	But we start off with an earnings alert on Nike shares are lower after reporting
0:51.8	revenue missed and disappointing
0:53.4	guidance for the current fiscal year. The conference calls just
0:56.2	getting underway.
0:57.2	Sarah Eisen got the details from that quarter. Hey Sarah.
	...

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