NIKE
This world cup, brand it like Beckham
Tonight marks the beginning of the football World Cup, turning into an exciting dual-screen experience. Fans will be buzzing on their smartphones, as content creators launch dynamic marketing campaigns. Major brands such as Coca-Cola, Pepsi, Nike, and Adidas are tapping into fan culture through compelling emotional narratives.
Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?
Nvidia, Micron, Broadcom stocks: There has been high volatility in the tech sector in the Wall Street.
This company is giving Americans a chance to become fitter by running more, offers massive discounts on Nike and New Balance sneakers
Major discounts are available on Nike Air Max Moto 2K and New Balance 740 sneakers at Urban Outfitters. The Nike model is down to $50 from $135, a 63% saving, while the New Balance 740 is also $50, down from $115 (57% off). Shoppers can save significantly on these popular branded athletic shoes, but sizes are selling out quickly.
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick off
The 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sales are also set to rise. Media companies and online betting platforms will see increased revenue. This global event is poised to boost economies significantly.
Lululemon shares drop as forecast cut spotlights challenges for incoming CEO
Lululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has escalated concerns among investors regarding the company's ability to bounce back. The incoming CEO will face a myriad of challenges, as reports suggest a decline in the brand's overall momentum.
Not seeing any slowdown yet: Nykaa Fashion CEO
Nykaa Fashion is now a significant driver for acquiring customers for Nykaa's beauty business. Both segments are experiencing robust growth. The company's consolidated profit surged by 286% in the quarter ended FY26. Despite economic concerns, Nykaa sees no slowdown and anticipates acceleration in the fashion market.
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Nexus, Rainmatter invest Rs 225 crore in Agilitas Sports
Agilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands, and offline retail. The company is building a full-stack sportswear ecosystem. It acquired Mochiko Shoes and launched Lotto and One8 brands. Agilitas is also growing its multi-brand retail format, Sportsyard.

Barrie Police launch search for missing teen and two adults, release photos amid ongoing Investigation; details inside
Barrie police are actively searching for three missing individuals: 14-year-old Haylie, and adults Mercy (39) and Erik (25), who may be together. In a separate incident, a 50-year-old man from New Brunswick tragically died in an ATV crash on Saturday night. Authorities are investigating the cause of the fatal accident.

Myntra announces End of Reason Sale starting May 29
Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collections. Expect deals on apparel, footwear, accessories, and beauty. VIP access offers extra discounts. Hyper-speed delivery is available in select cities. Social commerce will drive discovery and styling inspiration.

US companies, shamed by Trump, tiptoe into $166 billion tariff refund race
After a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. However, they face pressure from former President Trump and the risk of consumer lawsuits, prompting many to operate in secrecy. These refunds could potentially ease financial strains for companies and help temper inflation rates, benefiting consumers in the long run.

US stocks today: Dow hits first intraday record high since February
The Dow Jones Industrial Average reached a new intraday record high on Friday. This milestone follows optimism over potential peace talks to end the U.S.-Iran war. AI-driven trading also contributed to market recovery. Earlier this week, the index crossed the 50,000-point mark. Strong first-quarter earnings have boosted investor confidence despite global uncertainties.

Trump tariff refund checks begin disbursing this week — who qualifies and why are millions excluded from payouts?
Trump tariff refunds begin disbursing this week after the Supreme Court voided IEEPA-based tariffs, leaving the U.S. government liable for over $166 billion. The CBP's CAPE portal has already received 126,237 applications. Some $35.46 billion in refunds is finalized. Only importers of record and customs brokers qualify — not individual consumers. Around 300,000 companies, including Walmart and Nike, are eligible. A few firms, like Costco and FedEx, plan to pass savings to customers. The refund process marks one of the largest customs reimbursements in U.S. history.

Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in US
Tech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, Microsoft, and Amazon are cutting staff, citing AI efficiencies and past over-hiring. Despite job cuts, major tech firms are investing heavily in AI, signaling a significant industry shift.

'Chai stall' to 'Papa ki kirane ki dukan': What Indian techies say they’ll do if fired tomorrow
A 23-year-old software professional's question about backup plans after potential job loss sparked a candid online discussion among Indian IT workers. Professionals shared anxieties about layoffs and performance pressure, with responses ranging from immediate job hunting to humorous fallback options like family businesses, highlighting deep-seated job insecurity in the tech sector.

US stock market today: Dow Jones, S&P 500, and Nasdaq navigate Iran tensions and inflation fears — could soaring oil prices and AI mania trigger Wall Street’s next big warning?
US stock market today is navigating a delicate balance between geopolitical risk and inflation uncertainty. The Dow Jones edged up 0.01% to 49,613.98, the S&P 500 gained 0.24%, and the Nasdaq rose 0.09% as of Monday morning trading. Oil surged past $100 after President Trump called Iran's proposal "totally unacceptable". The DRAM ETF hit $6.5 billion in assets in 36 days, faster than any ETF in history, led by Micron's 5.5% rally. VIX climbed 5.12%, signaling rising anxiety ahead of April CPI and PPI data due this week. Traders are watching inflation closely as higher oil prices threaten broader price pressures.

Ex-Arvind Fashions MD Shailesh Chaturvedi’s new venture Neopolis Brands in talks to raise Rs 100 crore
Neopolis Brands, founded by former Arvind Fashions MD & CEO Shailesh Chaturvedi, is in talks to raise Rs 100 crore from investors like Ashish Kacholia. The company plans to build a portfolio of global fashion accessory brands for the Indian market, starting with a partnership for Italy's Carpisa bags.

Who is Hunter Peterson: Man behind the viral ‘Let’s Buy Spirit Airlines’ campaign that drew $214 million in pledged crowdfunding
A viral online campaign, 'Let's Buy Spirit,' emerged after Spirit Airlines ceased operations, proposing public crowdfunding to revive the carrier. Launched by creator Hunter Peterson, the initiative saw over 247,000 pledges totaling $214 million, highlighting traveler concerns about affordable air travel. The movement aims to create a community-backed airline, inspired by the Green Bay Packers' ownership model.

Air India Maharaja Club: Earn up to 200,000 bonus points for converting reward points under airline's May 2026 offer
The Bonus Points earned during the Points Fest can significantly enhance members’ ability to redeem rewards across Air India’s expanding domestic and international network. 2,00,000 Maharaja Points can get members, for example, up to 5 one-way Economy Class tickets between Mumbai and London Heathrow or up to 20 round-trips on prime domestic routes like the Delhi-Mumbai route.

Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?
Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These homegrown companies aim for the mass-premium segment, offering stylish footwear. While consumers are willing to spend, building trust remains a key challenge for these new players. The market is experiencing significant growth, especially in metro cities.

Magic Sawe dust, runs up brand value
With an incredible display of endurance, Sabastian Sawe made history in London by breaking the elusive two-hour marathon barrier, all while donning the phenomenal Adidas Adizero Adios Pro Evo 3 shoes. This sensational achievement sent Adidas’ share price on a remarkable upward trajectory, highlighting how athletic milestones can amplify brand credibility.

Sabastian Sawe: Unique shoe that helps Kenya runner win London Marathon in record time
London Marathon results saw history was made as Sabastian Sawe finished the event in record time.

Nike layoffs 2026 breakdown: Why is Nike cutting 1,400 jobs? Which departments and regions are hit hardest?
Nike layoffs 2026 explained: Nike is cutting jobs again. About 1,400 employees will be affected, mostly in global operations and technology. This move aims to simplify how the company works and make it more responsive. The company is also streamlining its supply chains and focusing technology work. These changes come as Nike faces competition and a sales slowdown.

US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investors
Lululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO from turnaround-embattled Nike failed to reassure investors.

SoftBank seeks $10 billion margin loan backed by OpenAI shares: Report
SoftBank Group is seeking a substantial $10 billion loan. This loan is backed by its shares in ChatGPT-maker OpenAI. The move signals SoftBank's aggressive push into artificial intelligence. This follows previous significant investments and loans for the AI firm. The company is increasing its debt to fund its AI ambitions.

Lululemon says it picks former Nike executive Heidi O'Neill as next CEO
Lululemon has taken a decisive step by naming Heidi O'Neill, an ex-Nike leader, as the brand's new chief executive. This transition follows mounting pressures from both its founder and an activist investor during a turbulent time marked by a drop in stock value and dwindling sales.

Success without losing yourself is rare, but this Michael Jordan quote is the guide to achieve it
Michael Jordan's quote reveals that the intense focus required for success can lead to isolation at the top. He advises that while initial selfishness is necessary for achievement, a shift to unselfishness, connection, and mentorship is crucial to avoid loneliness and maintain a fulfilling life after reaching one's highest level.

Billions in Wealth, Millions in Pay: A look at Tim Cook’s earnings story at Apple; all about his net worth and paycheck
Apple's CEO Tim Cook is stepping down in September 2026. Veteran executive John Ternus will take over the top role. Cook will become executive chairman of the board. He joined Apple in 1998 and became CEO in 2011. Under his leadership, Apple's value grew significantly. Cook's net worth is estimated at $2.9 billion.

Nike enters exclusive talks to supply UEFA men's club match balls from 2027
UC3, the joint venture between UEFA and European Football Clubs, said on Thursday it had entered exclusive negotiations with Nike to become the official match ball provider for all UEFA men's club competitions from 2027 to 2031.

Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woes
Nike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's struggles in key market China.
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