Philippines' Marcos Set To Meet Trump Tuesday
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Why NIKE (NKE) Could Be a Comeback Story Among the Dogs of the Dow
NIKE, Inc. (NYSE:NKE) is included among the 11 Dogs of the Dow Dividend Stocks to Buy Now. A close-up of a hand holding a casual sneaker with the Nike logo on it. The world's biggest footwear company stated on Thursday that existing tariffs might push its costs up by around $1 billion. This announcement followed the release of its fiscal fourth-quarter 2025 results, which managed to surpass estimates. In fiscal Q4 2025, NIKE, Inc. (NYSE:NKE) reported revenue of $11.1 billion, which fell by nearly 12% from the same period last year. However, the revenue surpassed analysts' estimates by $373.5 million. The fourth quarter marked the period with the most significant financial impact from the company's 'Win Now' initiatives, and management expects these pressures to ease going forward. Leadership expressed confidence in the firm's ability to steer through the current unpredictable environment by maintaining focus on controllable factors and effectively carrying out the 'Win Now' strategy. NIKE, Inc. (NYSE:NKE)'s cash position also remained stable. The company ended the year with cash and equivalents and short-term investments of $9.2 billion. During the year, it returned $2.3 billion to shareholders through dividends. The company offers a quarterly dividend of $0.40 per share and has a dividend yield of 2.10%, as of July 26. It has raised its payouts for 23 consecutive years. While we acknowledge the potential of NKE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24 minutes ago
- Yahoo
Mike Johnson says Ghislaine Maxwell pardon would give him ‘pause,' won't get ahead of Trump
House Speaker Mike Johnson, R-Louisiana, said he believes Ghislaine Maxwell, a key associate of Jeffrey Epstein currently serving 20 years in prison for conspiring to sexually abuse minors, should face "a life sentence." "If you're asking my opinion, I think 20 years was a pittance," Johnson told NBC's Kristen Welker on "Meet the Press" July 27. "I think she should have a life sentence, at least." His remarks to NBC come as many, including supporters of President Donald Trump, clamor for testimony from Maxwell. Some followers of the case have proposed a pardon in exchange, but Trump told reporters on July 25 he hadn't considered the move. "I'm allowed to do it, but it's something I have not thought about," the president said. Epstein was charged with sexually trafficking minors and died by suicide while in detention in 2019. Maxwell, his longtime girlfriend, has been accused of recruiting minors for the disgraced financier's predation. Maxwell maintains her innocence and is appealing her 2021 sex-trafficking conviction. Johnson in his interview with NBC reiterated that pardons aren't up to him, telling the outlet, "obviously that's a decision of the president." "I won't get in front of him," Johnson said. "That's not my lane." But, later in the interview he noted, "It's hard to put into words how evil this was, and that she orchestrated it and was a big part of it." "So, again, not my decision," he added, "but I have great pause about that, as any reasonable person would." The Trump administration for weeks has faced backlash over its handling of Epstein's case. Critics from Democratic lawmakers to prominent Republicans and slices of Trump's voter base accuse the president and other officials of not being transparent with the American people. The speaker has faced his own ongoing Epstein-related criticism, as some House Republicans have zeroed in on the Justice Department's recent review of Epstein's case and are calling for related documents to be released publicly. Democrats in Congress have piled on too. Reps. Ro Khanna, D-California, and Thomas Massie, R-Kentucky, introduced a bipartisan measure to force the Trump administration's hand in releasing the federal government's files. Also on "Meet The Press," the pair split on pardoning Maxwell. "That would be up to the president," Massie said. "But if she has information that could help us, then I think she should testify. Let's get that out there. And whatever they need to do to compel that testimony, as long as it's truthful, I would be in favor of." Khanna disagreed, saying Maxwell shouldn't receive a pardon. "Look, I agree with Congressman Massie that she should testify," the California Democrat said. "But she's been indicted twice on perjury. This is why we need the files. This is why we need independent evidence." Contributing: Bart Jansen and Aysha Bagchi, USA TODAY This article originally appeared on USA TODAY: Mike Johnson reacts to possible pardon for Ghislaine Maxwell
Yahoo
24 minutes ago
- Yahoo
Dogs of the Dow: Why Procter & Gamble (PG) is a Pillar of Dividend Stability
The Procter & Gamble Company (NYSE:PG) is included among the 11 Dogs of the Dow Dividend Stocks to Buy Now. A happy couple viewing the products of this household and personal product company in a mass merchandiser store. The Procter & Gamble Company (NYSE:PG) owns several leading consumer brands like Pampers and Tide— products that are considered essentials for many households. While there's always a possibility that consumers could opt for cheaper, generic alternatives, recent sales figures don't indicate any major shift in buying behavior that would pose a serious threat to the business. The Procter & Gamble Company (NYSE:PG) is considered one of the most reliable dividend stocks in the market. Its stability comes from a wide range of top-tier brands in areas like beauty, health, grooming, home care, and family care. Thanks to strong customer loyalty and an efficient global supply chain, the company regularly posts profit margins that outperform many competitors. The Procter & Gamble Company (NYSE:PG)'s long-standing financial strength is further proven by its impressive 69 consecutive years of dividend increases, which is one of the longest growth streaks among publicly traded companies. On July 8, the company declared a quarterly dividend of $1.0568 per share, in line with its previous dividend. With a dividend yield of 2.67% as of July 26, PG is among the best dogs of the Dow. While we acknowledge the potential of PG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
