Earnings Results: Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year and more | October 3, 2022

Nike Inc. on Thursday reported earnings and sales that topped expectations, though margins took a...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Monday, October 3, 2022 = [Daily Market Alerts]( [Top 5 Cheap Stocks to Own Right Now]( While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest. [Sign up here to get your free report now.]( SPONSORSHIP = [MarketWatch](=) [Earnings Results: Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year](=) Nike Inc. on Thursday reported earnings and sales that topped expectations, though margins took a hit during the quarter as freight costs, markdowns and the effects of a tougher foreign-exchange backdrop piled up. 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In this new briefing I detail what this crisis means for you, your money and your future, including: How you can avoid its wealth-destroying impact … and potentially even grow your portfolio with seven simple investments. [To get all the details, click here now before it's too late.](=) SPONSORSHIP = [Yahoo Business](=) [AT&T, Verizon and Comcast stocks just had their worst quarter in two decades](=) Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and... [Read More](=) [The Wall Street Journal]() [CME Considers Brokerage, Taking Cue From Crypto Rival FTX]() CME filed paperwork in August to create a futures commission merchant—essentially, a brokerage that would allow investors to buy and sell futures on CME’s marketplace. [Read More]() [Yahoo Business]( [There's more upside than downside for long-term investors]( Last week, stocks tumbled to their lowest level since November 2020. 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