Andrew Ross SorkinNike’s shares fell over 10% in premarket trading following strong earnings overshadowed by a 17% revenue decline in China. Despite North American sales increasing, concerns over elevated tariffs and China’s weak performance persist. CEO Elliott Hill’s turnaround plan aims for growth, yet challenges remain, particularly in the crucial Chinese market.
Andrew Ross SorkinThe classic-car market is thriving, driven by a new generation of collectors and increased online sales, which grew 12% to $2.5 billion in 2025. Generational wealth transfer will introduce many vehicles into the market, while evolving preferences shift focus to modern classics. Economic conditions support continued growth, promising a vibrant future.
Andrew Ross SorkinU.S. space stocks significantly increased on Monday, fueled by investor enthusiasm and positive developments. Firefly Aerospace jumped 16%, Intuitive Machines 12%, and Rocket Lab 10% following a satellite contract announcement. Speculation around SpaceX’s potential IPO and President Trump’s “space superiority” executive order further enhanced market optimism, alongside newly confirmed NASA leadership.
Andrew Ross SorkinU.S. Treasury yields decreased on Tuesday as investors anticipated upcoming government debt auctions, which could reveal expectations for inflation and demand. The 10-year note yield fell to about 4.147%, with lighter trading expected due to the Christmas holiday. Significant debt offerings, including a $70 billion auction, are scheduled soon.
Andrew Ross SorkinJanus Henderson has agreed to be acquired by Trian Fund Management and General Catalyst for $49 per share, valuing the firm at $7.4 billion. The deal, expected to close by mid-2026, aims to bolster investment in talent and technology, enhancing services and future growth. Shares rose over 3% after the announcement.
Andrew Ross SorkinIn 2025, crypto volatility remains pronounced, with Bitcoin’s price fluctuations highlighting risks. Investors are urged to carefully manage crypto exposure, typically limiting it to 1-5% of portfolios. Strategies include diversifying investments, utilizing ETFs, practicing dollar-cost averaging, and working with knowledgeable advisors to mitigate risks while adapting to market dynamics.
Andrew Ross SorkinThe November U.S. consumer price data revealed a surprising decline in inflation, with readings lower than expected. However, the report faced scrutiny due to methodological issues stemming from a government shutdown, leaving economists uncertain about its implications. Concerns centered on housing-related inflation and potential biases affecting the results.
Andrew Ross SorkinNike’s stock fell over 10% due to concerns about poor performance in China, despite a quarterly earnings beat. North American sales rose, while Greater China revenue dropped 17%. Ongoing tariff pressures and an uneven recovery in China pose challenges. Analysts predict continued weakness affecting the turnaround into fiscal 2027.
Andrew Ross SorkinRecent auctions of Birkin bags linked to Jane Birkin reflect extraordinary prices, yet the overall resale market for Hermès bags is declining. Analysis shows a drop in resale premiums, attributed to economic conditions and increased supply. Despite this, Hermès maintains its luxury status, with many bags still reselling above retail prices.
Andrew Ross SorkinJapanese technology shares fell sharply on Thursday, driven by investor concerns over AI infrastructure investment. SoftBank Group Corp. experienced a significant decline, reflective of broader market anxiety following weak U.S. tech performance. Other tech firms also suffered, highlighting Japan’s sensitivity to shifts in global tech demand and investment expectations.
