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Foot Locker recently reported that comparable sales grew for the first time in six quarters, showcasing the success of its efforts to refresh its stores and enhance the customer experience. The sneaker company recorded a 2.6% increase in same-store sales during its fiscal second quarter, surpassing analysts’ expectations of a 0.7% uptick. Additionally, the company’s
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The Stocks @ Night newsletter highlights the impressive comeback of Nvidia’s shares after CEO Jensen Huang expressed optimism about the demand for the company’s Blackwell chip. Despite being 17% below the June 20 high, Nvidia’s stock has surged by 136% in 2024. This indicates that investors are reacting positively to the CEO’s reassurances regarding production
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The National Football League (NFL) has been making significant strides in expanding its fanbase by embracing the world of streaming. Hans Schroeder, the NFL’s executive vice president of media distribution, highlighted the league’s commitment to growing its audience through exclusive streaming deals with various media companies. This strategic shift began with the league’s 11-year, $111
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The Federal Reserve recently revealed adjustments to a proposed set of U.S. banking regulations that significantly reduce the additional capital that the largest institutions will be obligated to maintain. Originally, the regulatory overhaul, known as the Basel Endgame, was expected to increase capital requirements for the world’s largest banks by approximately 19%. However, after seeking