Nike beat analyst EPS estimates. Depending on the adjustment used, adjusted EPS came in around $0.20 vs. $0.12–$0.13 expected. Some data providers also show GAAP EPS of $0.72 because it included a large tariff refund, which inflated the headline number.
Revenue also beat expectations, coming in at about $10.97 billion vs. $10.85 billion expected, even though revenue was still down about 1% year over year. $NKE The market did not like the stock anyway because management forecast fiscal 2027 revenue to decline instead of grow, and investors remain concerned about weak demand in China and the overall turnaround. $SPY
NEW: @FreeBeacon has the receipts on Ro Khanna’s obscene, oligarchic wealth:
—his 2 kids (under 10yrs old) own 3 private golf courses in Ohio (not kidding)
—his wife drives a $190,000 luxury Range Rover
—his house has a 4-story indoor elevator
And more:https://t.co/Bk6nS7WRwT
The Japanese yen is at its weakest since 1986 when referring to its exchange rate against the U.S. dollar. On June 30, 2026, the yen traded around ¥162 per U.S. dollar, a level not seen since late 1986. Mainly because U.S. interest rates have been much higher than Japan’s, making dollars more attractive to investors.
As of late June 2026:
The Federal Reserve has its benchmark interest rate at 3.5%–3.75%.
The Bank of Japan has its policy rate at 1.0%.
When pension funds, banks, hedge funds, and large investors around the world see that difference, many decide to:
Sell yen.
Buy U.S. dollars.
Invest in U.S. dollar assets.
That increases demand for dollars and increases the supply of yen in the foreign exchange market. As a result:
The U.S. dollar strengthens.
The Japanese yen weakens.
$USDJPY $JPY $UUP $FXY $DXY #Forex #Macro #Japan
$CGNX
Early May earnings dropped a +112% EPS surprise and gapped from the low 50 to 72 on 3x volume.
Built an 8 week base after that, held the 50 day on every pullback, and today it’s back at highs +6% on heavy volume.