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This week’s Stock Movers: Nike cuts jobs and guidance, Boeing clears 737 Max software concern, Carnival boosts full-year outlook on record booking deposits.
Editorial companion
The clip highlights three straightforward stories that moved big names: Nike confirmed job cuts and a restructuring plan it says will save $2.5B over five years after reporting weaker sales and guiding to a high-single-digit revenue decline, and the stock sold off sharply. Boeing got relief when a Federal Aviation Administration panel said a software glitch on certain 737 Max jets did not pose a safety risk. Carnival raised full-year guidance after a record $7.6B in booking deposits, signaling demand for future sailings topped prior records.
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