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Facing Another Reset as Weakness to Persist Into Fiscal 2028, BofA Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2672233710","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672233710?lang=en_us&edition=fundamental","pubTime":"2026-10-02 22:51","pubTimestamp":1790952678,"startTime":"0","endTime":"0","summary":"Nike  is facing another reset, with weakness in Sportswear, Jordan Brand and Greater China expected to persist into fiscal 2028 amid weaker sell-through and excess inventory, limiting visibility on a sales turnaround, BofA Securities said in a Friday note.Management now expects fiscal 2027 sales to decline by a high-single-digit percentage, with adjusted earnings per share of $1.15 to $1.35 versus a market consensus of $1.67.Nike introduced a $2.5 billion gross cost-savings program through fiscal 2031 and reaffirmed its dividend commitment. Sportswear sales, which represented about 50% of Q1 revenue, fell at a low-double-digit rate, while Jordan Brand sales declined at a mid-teens rate.Performance was a bright spot, growing at a high-single-digit rate in the first quarter, with running, football, tennis and golf each posting double-digit growth. BofA expects Nike's innovation pipeline to be a focus at its November investor day, the report added.BofA reiterated its underperform rating 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With 10 year and 30 year U.S. Treasury yields sitting at 24 year highs, investors are suddenly paying a lot more attention to cash today instead of distant profits. That shift can punish popular growth stories and leave solid cash generators mispriced. This article highlights three stocks that screen as undervalued on future cash flows, for investors hunting for potential bargains.\nThe three examples below are only a starting sample, with the 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Rides Tech Rally to Hit Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=2672835710","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672835710?lang=en_us&edition=fundamental","pubTime":"2026-10-02 22:18","pubTimestamp":1790950698,"startTime":"0","endTime":"0","summary":"BUZZ-Nvidia rides tech rally to hit record high** Shares of AI heavyweight NvidiaNVDA.Ohit record high, last up 2.7% at $237.17** Stock gains as investors pile into technology shares following asofter-than-expectedSeptember payrolls report** Tech-heavy Nasdaq Composite index.IXIChits an all-time high** Analysts at Morgan Stanley reiterate NVDA as a top pick among semiconductors, citing its AI strength and inexpensive valuation** \"We certainly see Nvidia as well positioned, with a very undemanding valuation\" - Morgan Stanley** The stock has benefited from continued conviction that AI infrastructure spending has further room to run** NVDA was last valued near $5.7 trillion** Analysts' average rating on the stock is \"buy\", with a median PT of $315, according to LSEG data** Stock has jumped 27.3% YTD, including session's 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Corp Stock (KLAC) Moved Up by 3.63% on Oct 2: What Signal Does It Send?","url":"https://stock-news.laohu8.com/highlight/detail?id=2672891710","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672891710?lang=en_us&edition=fundamental","pubTime":"2026-10-02 22:15","pubTimestamp":1790950520,"startTime":"0","endTime":"0","summary":"• KLA Corporation benefits from expanding wafer fabrication equipment capital expenditures.\n• Upcoming quarterly earnings disclosures supported positive investor sentiment and buying pressure.\n• The company reports annual revenue of $13.58B and net profit of 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