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Adidas' Comeback Plan: China, Messi, and No More Yeezy

The German sportswear giant, after a rough 2022, has finally begun to put a clutch of unforced errors behind it. Perhaps the most important: selling off the inventory left behind after the break with Kanye West.

Germany , German , Aneesha-sherman , Adidas , Market-perform , Food-beverages , Footwear , Insurance , Clothing-textiles , Consumer-goods , Financial-services , Financial-performance

Biogen, Salesforce, Oracle, Chinook, Illumina, and More Stock Market Movers

American depositary receipts of NIO rise, Nasdaq tumbles after announcing an acquisition of software company Adenza, and Carnival trades higher as Wall Street upgrades the stock.

Federal-reserve , Computers-consumer-electronics , Software , Applications-software , Marine-transport , Banking , Commercial-banking , Real-estate-services-transactions , Aerospace-defense , Banking-credit , Computing

Sell Fisker Stock, Says Analyst. There's Just Too Much EV Competition.

Wolfe Research analyst Shreyas Patil downgraded shares of EV start-up Fisker to Sell from Hold, Thursday, according to stock market ratings aggregators. His price target for the stock is $6.

Motor-vehicles , Alternative-fuel-vehicles , Automotive , Analysts-39-comments-recommendations , Corporate-industrial-news , Content-types , Factiva-filters , C-ampe-exclusion-filter , Synd , Autos , Markets