9.23.2020

Nike shares soar 13% as online sales jump 82%, retailer sees rebound in China - CNBC

"Nike shares soared 13% in extended trading Tuesday as the company reported an 82% increase in online sales and offered up an outlook that calls for demand to grown through the holidays."

 

Musk Sets Lofty Goal of $25,000 Model With Tesla-Made Batteries - Bloomberg

"Tesla Inc. laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of a highly anticipated presentation that was short on the sizzle from Elon Musk that investors have come to expect."

 

Why Cryptocurrency Miners Love Nvidia's New Graphics Chips - Barron's

"While gamers have largely cheered the release of Nvidia's next generation of GeForce videogame chips, cryptocurrency miners too appear to have found something to love about the so-called Ampere graphics processing units."

 

Stitch Fix Is Nearing the End of Its Vertical Runway - WSJ

"Online styling company Stitch Fix's fiscal fourth-quarter results on Tuesday were clearly not the showstopper Wall Street had hoped for."