Nike warns of softer revenue👟 VFC CTAS📈 PARA PAYX 📉

FlowBank's hand-curated fresh financial news [header_noDither] 22.12.2023 Nike warns of softer revenue Nike beat earnings and revenue forecasts, posting EPS of $1.03 on revenue of $13.4 billion. However, the sportswear giant warned about a softer revenue outlook for the second half of the year. Nike also unveiled plans to streamline the organisation and cut $2 billion in costs. The share prices fell 6 in after-hours trading. WHAT'S MOVING [Group 1742 (9)-1] [Start Trading](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwFK2-ZVTW6N1vHY6lZ3pwW80Bb1V4TCLWcW3v_3Wj7NNWYxVY_h6h4f7RSSW2trrFT4-Mrg1W5_LxhG30k338W8FKkZ731s5NmW93jhqV3G1tqqW8GJ5Cd3XrpKvW6GWdjh8j4qtPW2-fy771vYxmHW46rGFH5wzdhkW878V_f1m71M3W4wLKRt7J_ZcCW4Mly423FF7ltW8ntwkq8fNq4wW7S__p81ykBQ0VkJ0HX2ZfzYXN3kQTr2m5LZlW5nGb8t6dg8-qW7K9bK-6q3DSGW2NJhgX38w3lvW5gS_R94D7Y3Rf43KRSl04) [Group 3 (33)-1] Carnival The cruise operator's shares jumped 6% after reporting a smaller-than-expected loss in fiscal Q4. Revenue came in higher at $5.4 billion. [Group 3 (35)-1] Spotify Spotify rose over 2% after a broker upgrade from Pivotal Research to buy from hold. They cited a renewed focus on financial discipline. [Group 3 (34)-1] Blackberry The cybersecurity company saw its share price tumble 13% after Blackberry issued lower than expected Q4 revenue guidance. WHAT'S COMING UP? UK retail sales Nov: 0.4% m/m Exp. vs -0.3% Prev. US Core PCE Nov: 3.3% Exp. vs 3.5% Prev. IN OTHER NEWS Wall Street US stocks closed high, rebounding from a steep selloff on Wednesday, as GDP data fueled Fed rate cut bets and as surging chip stocks offered support. [Group 1769] Europe European stocks closed lower, with all sectors finishing in negative territory. EUR/USD rose to 1.10 on USD weakness & after French business confidence improved. MARKET INSIGHTS Forex Trading Weekly Outlook: Traders Join the 2024 Rate-Cut Party As the year 2023 comes to an end, major central banks have wrapped up their final meetings of the year, and a prevailing sentiment suggests that 2024 may see a wave of interest rate cuts. [Read more](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwF62-ZVTW5BW0B06lZ3ptW5sV3571zD3YFW37-t752yYFzyW41n1Tl5D4cyYW4x9Phc7F79lHW8RhD0V2_pP33W2K3tjV2LZ4mqVdSTSr3JVH3NW5l54Rw5nx4y0W7dBRl-7pbbVKN8xtknZqwy7FW5ZwrKM8w8fPmV4CYs68RVlP6W52PCF92j7BCLW5Mcmx95M4g_tW7XX46b4c_7KFW8ZPPNk47dSxNN2skLHDQFWnHW7m1Jc_7p_y98f7n2RY-04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwF62-ZVTW5BW0B06lZ3nNW6LD-3B3_BJWrW5lvLz03CNCJLW4QxXt72n3YS0N7-4vxG1WTNkW8gQs7L71RyChVnMYs54462w-MqzssHTfPcZW7LJz0g7LJCCMW9g6ZP52HNxgzW7vQkHg2yn3fqW6q1p4c6J4TbbW7mhDyD7HCJTSN6VcYRn7P--QVC-xyP4bQ63gW6gK9wD8yhr6mW568RBJ1_dBhmF3sh_47vyX_W981tmG4L_TjKf5ZgwxR04) [LinkedIn](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwF62-ZVTW5BW0B06lZ3nyW7qhzlD4HHfGZVljslR1C02vRW6LKWnk8SsQ3GW42twXY6Ynjq3W2d9Ty55wXgGJW2hzNT_1jvbJkW6Yg08p2CX-rHVK0Y_Q1hfKGkW2MXb9Q1W18vYW71ZpXv5XwBgXW55rxCn8S6q7VW53-ckz2CHbHfW74rPKP1RpLJtW5vkWRJ1wwGVsN8_KdYff-d5mW1ZY-Hf5TmBY6W4QvsZB2Yg8f_W5fMd8V3sJKvKf3Fzrxd04) [Twitter](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwDR2-ZVTW50kgx26lZ3krW7bGdlh4VrwDhW5_NdjB4vSwSlW3W1PB06Kn_xLW4K61m51PLS9FW4dzXxY3dkCpQVlW6-c5Vc5KnW96ThVR7Wxd5RW1rTCCv8m_XdTN48nczhS4gfjW2bhb1B6mvNbwW9cG8vF3-Xk5dW1Q4n7l6MPBQPVJxgGR60rJcZN2jGlzyspNyTV2nsfg4PxmcKW8HH1pt5pxYLxf4JhZTM04) [Instagram](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwF62-ZVTW5BW0B06lZ3p4W16whkL7m5sF0W5QFX5y4p12MRW2jxBVx7DM_P9W2VKRT53hVJWcW1cdsFX35Vq0NW5DcZrb77zjQ7W80JyjW2DWfkfW8hdsHl3dkkQ2VdfgbW84-xslW6NGd_61Cg6wXW3cj7jS3Q7YJRW8sc78m7TBWb_W8NBvNB6qkK3WW3ZK6Z2788VmHW2BLKHg4rjj01W7HvX4t5hK01ZW9j_LKj8w-CDKW3Vp1Jw2WLwKDf6cDX3Y04) [YouTube](113/cXx8Z04/VXhD-m3PztPjW2cLHN_5H_NlMV_gMC157lS2_N3DlwFq2-ZVTW69sMD-6lZ3nTW4-cdG575B-mmW8s2mK12j3K36W6DRzDJ5bNWqQW14JybY4sbLpJV_0pWc1FjQ1RN7S0-j_XYC0LN813FMxpNY9MW6HXXnv1LN4fKW3f-h_z5NRq-zW8ZvbfG61fZBgN37MPtDNW10gW8qy8Tk8H16qdW4VzPw57QF_mcW6P1PMm4Jz8SMW7l0rv74d2YQSW63688d3NW-0_N5zLmK220-D9W2JMQqc4SMLh-VY6dZ07Q-V3pW6fZYC65RKmGXf53SWrz04) FlowBank SA, Esplanade de Pont-Rouge 6, P.O. Box 1303, 1211 Geneva 26, Switzerland, +41 (0) 22 888 60 00 [Unsubscribe]( [Manage preferences]( This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error, please notify us immediately, and delete it from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. Although we scan attachments, we advise you to carry out your own virus check before opening any attachment.