Nike Inc. issued disappointing forward guidance despite beating Q3 expectations, projecting a 20% sales plunge in China and 2-4% revenue decline in Q4 2026, falling short of Wall Street's 1.9% growth forecast as gross margins compressed to 40.2% amid North American tariff pressures.
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Nike Disappoints with Guidance as China Sales Expected to Plunge 20%
Nike Inc. issued disappointing forward guidance despite beating Q3 expectations, projecting a 20% sales plunge in China and 2-4% revenue decline in Q4 2026, falling short of Wall Street's 1.9% growth forecast as gross margins compressed to 40.2% amid North American tariff pressures.
Samsung Electronics Vice Chairman Lee Jae-yong attends China Development Forum for second consecutive year as China remains company's largest market with 72 trillion won in sales, representing 30% of total revenue and marking strategic push amid U.S.-China trade tensions
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Lee Jae-yong's Second Consecutive China Visit Signals Samsung's Business Push
Samsung Electronics Vice Chairman Lee Jae-yong attends China Development Forum for second consecutive year as China remains company's largest market with 72 trillion won in sales, representing 30% of total revenue and marking strategic push amid U.S.-China trade tensions
Tesla’s Model Y sales in China plunged to 20th place in January, overtaken by Xiaomi’s YU7 SUV, as price competition and local rivals intensify in the world’s largest EV market.
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Tesla Model Y Plummets to 20th in China Sales
Tesla’s Model Y sales in China plunged to 20th place in January, overtaken by Xiaomi’s YU7 SUV, as price competition and local rivals intensify in the world’s largest EV market.
AK Holdings Swings to Operating Loss of 3.4 Billion Won in Q4 on Weak China Sales, Domestic Consumption Slowdown
AK Holdings Co. posted a Q4 operating loss of 3.4 billion won as weak China sales and sluggish domestic demand dragged results, with annual profit down 54.8%.
Nike shares plunged over 10% in after-hours trading as strong North American results were overshadowed by a sharp drop in China sales and rising tariff concerns, despite beating quarterly earnings expectations.
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Nike Shares Plunge 10% After Weak China Sales and Tariff Concerns Despite Earnings Beat
Nike shares plunged over 10% in after-hours trading as strong North American results were overshadowed by a 17% drop in China sales and rising tariff concerns.
Frozen Gimbap Captures Chinese Consumers—Pulmuone's Local Subsidiary Posts Strong September Results
Pulmuone Co. posted a 31.7% jump in Chinese sales through September, fueled by surging demand for frozen gimbap and noodles, with operating profit up 66.7%.
ASML Warns of Sharp Decline in China Sales Next Year—Says Total Revenue Will Not Fall Below 2024 Levels
ASML forecasts a sharp decline in China sales for 2025 but assures investors that total revenue will remain at or above 2024 levels, despite missing Q3 revenue estimates.
Goldman Sachs Upgrades Estée Lauder to Buy; Shares Jump 5.8%
Goldman Sachs upgraded Estée Lauder to 'Buy' and raised its target price, citing a recovery in China sales and improved U.S. market share, sending shares up 5.8%.
The White House signaled that the 15% export levy on Nvidia and AMD's China chip sales could be extended to other semiconductor firms, as the U.S. seeks to tighten controls on technology exports and maximize fiscal gains.
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White House Says Nvidia-Style Export Levy Could Be Extended to Other Firms (Update)
The White House signaled that the 15% export levy on Nvidia and AMD's China chip sales could be extended to other semiconductor firms, as the U.S. seeks to tighten controls on technology exports and maximize fiscal gains.
The White House signaled that the 15% export levy imposed on Nvidia and AMD's China chip sales could be expanded to other semiconductor firms, marking a significant shift in U.S. tech export policy.
#YonhapInfomax #WhiteHouse #Nvidia #ExportTax #Semiconductor #ChinaSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=76787White House Says Nvidia-Style Export Levy Could Be Extended to Other Companies
The White House signaled that the 15% export levy imposed on Nvidia and AMD's China chip sales could be expanded to other semiconductor firms, marking a significant shift in U.S. tech export policy.
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