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Nike Earnings on Tap, Mega-Cap Tech's Slide, and the U.S. Latino Economy 9/28/23
Sep 28, 2023
Preview of Nike's earnings results and the decline of their stock. Discussion on the challenges faced by mega-cap tech stocks. Investment professional explains investments in the growing US Latino economy.
44:57
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Quick takeaways
- Nike reports earnings amid stock decline, mega-cap tech under pressure, US Latino economy growing.
Deep dives
Berkshire Hathaway unloads HP shares in recent days
Berkshire Hathaway has sold about $118 million worth of HP shares since Monday, reducing its stake in the company to just under 11%. Shares of HP are down about 1%.
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