Latest news with #Nike
Yahoo
3 hours ago
- Sport
- Yahoo
Chennedy Carter Had Three Words for a Fan Wearing A'ja Wilson T-Shirt
Chennedy Carter Had Three Words for a Fan Wearing A'ja Wilson T-Shirt originally appeared on Athlon Sports. The Chicago Sky are off to a 4-10 start during the 2025 WNBA season. In 2024, they finished with a 13-27 record, meaning their win percentage has dropped in 2025 to 28.6% from last year's mark of 32.5%. Advertisement Last season, guard Chennedy Carter led the team in scoring at 17.5 points per game and also added 3.5 rebounds and 3.1 assists. She was not re-signed this offseason, however, as the team opted for Ariel Atkins and Courtney Vandersloot instead. Carter was not picked up during the offseason by any of the other 12 WNBA franchises either, so she chose to sign with a professional team in Mexico for this season. Chicago Sky guard Chennedy Carter (7).Kevin Jairaj-Imagn Images On Thursday, a fan posted a video of themselves trying to make a trick shot on social media. In the video, the fan was wearing a Nike T-shirt of Las Vegas Aces star center A'ja Wilson. In response to the video, Carter chimed in with three simple words about the fan's choice of clothing. Advertisement "coo t shirt 😍🫡," Carter wrote. Former Chicago Sky guard Chennedy Carter sends a message to fan wearing A'ja Wilson / Threads The Chicago Sky's 77.9 points per game this season are currently ranked 12th in the WNBA, ahead of only the 2-13 Connecticut Sun. Ariel Atkins is leading the way with 13.9 points, and second-year post players Kamilla Cardoso and Angel Reese are contributing 12.7 and 11.3, respectively (via Pro Basketball Reference). On Friday, the Chicago Sky will be back in action as they match up against the 7-7 Golden State Valkyries. The game will take place at the Chase Center in San Francisco, California, and tipoff is currently set for 10:00 p.m. ET. Related: WNBA Fans Loving Kamilla Cardoso Moment After Chicago Sky Game Related: Chicago Sky Locker Room Video Emerges After Sparks Game This story was originally reported by Athlon Sports on Jun 26, 2025, where it first appeared.
Business Recorder
4 hours ago
- Business
- Business Recorder
Wall Street indexes hit fresh peaks on trade, Fed cut optimism
NEW YORK: Wall Street's main indexes rose on Friday, pushing the S&P 500 and the Nasdaq to intraday record highs as investors pinned their hopes on deeper interest-rate cuts and the US striking deals with its biggest trading partners. The S&P 500 and the Nasdaq Composite both rose more than 0.5%, surpassing their previous peaks touched in February and December, respectively. The Nasdaq looked on course to confirm a bull market, having recovered more than 20% from a trough in April. 'I think the driver for that momentum clearly is the dissipation of concerns over the magnitude of tariffs. That was the biggest concern in the early April time frame and I think that headwind seems to be dissipating a bit,' said Art Hogan, chief market strategist at B Riley Wealth. US Treasury Secretary Scott Bessent said the Trump administration's trade deals with other countries could be done by Labor Day, citing the country's 18 main trading partners. Investors are focusing on the interest-rate trajectory after the Wall Street Journal reported that Trump toyed with the idea of announcing US Federal Reserve Chair Jerome Powell's replacement by September or October. Traders now price in a 20.7% chance of a rate cut in July, compared with 14.5% last week, according to CME Group's FedWatch tool. At 11:28 a.m. ET, the Dow Jones Industrial Average rose 403.09 points, or 0.93%, to 43,789.88, the S&P 500 gained 36.14 points, or 0.58%, to 6,177.16, and the Nasdaq Composite added 108.05 points, or 0.54%, to 20,275.96. Ten of the 11 major S&P 500 sub-sectors rose. Energy stocks were the only laggards, falling 0.5%. Shares of Nvidia, the world's most valuable company, rose 1.8% to touch a record high, while other tech-heavyweights including and Apple added 1.1% and 0.2%, respectively. The benchmark S&P 500 and the tech-heavy Nasdaq were on track for their best weekly performance in more than a month, while the blue-chip Dow was set for a weekly advance, if gains hold. UBS Global Wealth Management raised its year-end target for the S&P 500 to 6,200 from its prior forecast of 6,000, banking on softening trade uncertainty. Nike's shares jumped 15.8% after it forecast a smaller-than-expected drop in first-quarter revenue. Retailer Lululemon Athletica rose 1.6% after Nike's results, while Hoka-owner Deckers Outdoor added 2.7%. Advancing issues outnumbered decliners by a 2.01-to-1 ratio on the NYSE and by a 1.26-to-1 ratio on the Nasdaq. The S&P 500 posted 27 new 52-week highs and two new lows, while the Nasdaq Composite recorded 70 new highs and 34 new lows.
The Guardian
5 hours ago
- Sport
- The Guardian
Faith Kipyegon certain a woman will break four-minute mile barrier within a decade
Faith Kipyegon remains convinced that a woman will break the four-minute mile barrier within 10 years, despite falling more than six seconds short in her record attempt in Paris. It was a disappointing result for Kipyegon and her sponsor Nike, who had hoped that aerodynamic skinsuits, lighter super spikes and a team of 13 pacers would help the 31-year-old Kenyan get within touching distance of the famous mark. But speaking to the Guardian on the morning after running 4min 06.42sec in Paris, Kipyegon insisted she was still proud to have rolled the dice – and to have run a mile quicker than any woman in history. She also predicted that new technology was coming that would also help Britain's Keely Hodgkinson break the women's 800m world record of 1min 53.28sec, which has stood since 1983. 'Absolutely there will be a woman running a mile in under four minutes,' she said. 'And I think it will take less than 10 years. And if it doesn't come my way, it will be someone else doing it.' Asked why she was so confident, given the gap was still more than six seconds, she replied: 'Going forward, the technology will be even higher than what I was using yesterday. So I think one day, one time, it will happen.' Kipyegon admitted that she had struggled in the final 200m, having heard the bell in 3:01. But she insisted she would not have changed anything about her attempt. 'Birds sometimes fall but they fly again,' she said. 'I believe I will still lower the world record of 4.07. I want to get it very close to the four minutes mark. And I believe I can still run under 4.05 in a race with female pacemakers.' Kipyegon's next race will be over 1500m at the Prefontaine Classic in Eugene, Oregon, next week, and she insists she is in shape to challenge her world record of 3:49.04. However she said there are no plans yet to have another crack at the four-minute mile barrier. In Paris she spoke to Hodgkinson, who told her she is hungry to go faster once she has recovered from a hamstring injury. 'I talked with Keely yesterday about everything,' said Kipyegon. 'And my run was a huge inspiration for her. She's hungry to go under 1.54 in the 800m. And I think Keely Hodgkinson one day, one time, will run under 1.53. She is so fast.' Sign up to The Recap The best of our sports journalism from the past seven days and a heads-up on the weekend's action after newsletter promotion Nike's chief innovation officer, Tony Bignell, who has worked with the company since helping design spikes for Michael Johnson at the Atlanta and Sydney Games, promised that there would be more innovation and attempts at breaking records. 'Yes, I've seen things in the lab, and I've put things on my foot where I've thought: 'I've never felt that before,'' said Bignell. 'And that's coming. 'Last night could have been anywhere on a scale of zero to 10, but we took the risk. And taking risks is a good thing.'
The Independent
5 hours ago
- Business
- The Independent
Your Nike shoes are about to cost a whole lot more thanks to Donald Trump, company warns
Nike warned that tariffs imposed by President Donald Trump will cost the company about $1 billion as it looks to make 'surgical' price increases in the fall. The company is shifting production away from China, where Nike makes about 16 percent of the footwear it imports into the U.S., Chief Financial Officer Matthew Friend told investors Thursday. 'We will optimize our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States,' Friend said on the call. The sports giant appears to be unloading some of the burden of the tariffs onto customers. Last month Nike announced it was increasing prices for adult apparel and equipment by $2 to $10 from June 1. It forecast that footwear costing between $100 to $150 would rise by $5, while shoes costing above $150 would increase by $10. There were some exceptions — the price of children's products, Nike Air Force 1s or Jordan products would not rise. 'We regularly evaluate our business and make pricing adjustments as part of our seasonal planning,' Nike previously said in a statement, without mention of the tariffs. Nike also reported a quarterly profit of $211 million, or 14 cents per share. Revenue totaled $11.1 billion. Both edged out Wall Street projections. Nike, Adidas, Under Armour and Puma were among 76 companies that signed a letter in April addressed to Trump, asking for a footwear exemption from reciprocal tariffs. The letter warned tariffs would 'become a major impact at the cash register for every family.' The potential for higher prices from Trump's tariffs have raised alarms for families, notably those who already spend a good chunk of money on equipment needed to participate in sports. Trump and his Commerce Secretary Howard Lutnick said late Thursday that the U.S. and China have signed an agreement on trade, but provided no details. Elsewhere, Trump on Friday said he was suspending all trade talks with Canada — and making plans to force Americans to pay high import taxes on its goods — after the northern ally's finance department confirmed plans to collect a digital services tax.
Yahoo
6 hours ago
- Business
- Yahoo
S&P 500, Nasdaq hit record closing highs amid trade deal hopes
STORY: Wall Street extended its rally on Friday, sending the S&P 500 and Nasdaq to all-time closing highs - with each adding half a percent - while the Dow climbed one percent. The rally confirmed a bull market for the Nasdaq since its post-"Liberation Day" trough on April 8. Stocks were boosted by trade deal hopes while economic data helped solidify expectations for rate cuts later this year from the Federal Reserve. Mike Mussio, president of FBB Capital Partners, said second-quarter earnings results will be key to justifying the high stock valuations of S&P 500 companies. "It's nice that we've come back to 6100, but what hasn't really changed there is the earnings picture hasn't changed all that much. So 6100 this time around from six months ago or five months ago, you know, is not that much cheaper. If the earnings story improves, then you could have a cheaper 6100 on the S&P and that gets, that could be compelling." A report from the Commerce Department on Friday showed consumer income and spending unexpectedly contracted in May. And while the impact of tariffs on consumer prices has not yet been fully realized, inflation continues to hover above the Fed's 2% annual inflation target. Stocks on the move Friday included Nvidia, which rose close to 2%, edging near a $4 trillion market capitalization after reclaiming its position as the world's most valuable company. And shares of Nike jumped more than 15% after forecasting a smaller-than-expected drop in first-quarter revenue. Shares of rivals Lululemon Athletica and Hoka-owner Deckers Outdoor also rose. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
