Dick's Sporting Goods misses revenue expectations, citing 'challenging' footwear market
Dick's Sporting Goods reported second fiscal quarter revenue on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.

Dick's Sporting Goods reported second fiscal quarter revenue on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.
Washington's threat of "economic D-Day" collides with a small group of governments that account for most of what remains of Iran's foreign trade.
Bitcoin initially surged past the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the recent crypto rally.
United is betting big on premium, international travel with a host of new routes.
BlackBerry CEO John Giamatteo says robotics is one of QNX’s fastest-growing businesses as the company expands its software beyond cars.
Lego CEO Niels Christiansen told CNBC the company is seeing strong sales at both ends of the pricing spectrum.
Kyiv says the attacks are aimed at disrupting Russian supply chains and inflicting further pressure on Putin's wartime economy.
The SEC is seeking information from major Wall Street banks about trades and financing tied to AI-focused hedge fund Situational Awareness.
CNBC's Jim Cramer said Monday the data center trade isn't dead, but its next wave of winners could look very different.
An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.
French President Emmanuel Macron and Saudi Arabia's Crown Prince Mohammed bin Salman agree on a $7 bn investment in the anime theme park.
The unsigned order lifted an injunction covering 23 states and Washington, D.C.; the court’s three liberal justices dissented.
India has attracted inflows of $73 billion in 11 weeks, driven mostly by foreign currency bank deposits made by non-resident Indians.
Nvidia's race to manufacture Groq chips and make them available to customers highlight the growing importance in AI of low-latency inference.
Indian IT services giant TCS has secured a $1.5 billion contract to deploy AI for German sports carmaker Porsche.
Trump’s stock trading could face heightened congressional scrutiny if Democrats retake either chamber in the midterms.
Federal authorities are investigating how two insurers that are part of Mark Walter's business empire classified more than $20 billion in loans to his companies.
Meta's court battles are an overhang on the stock, but its business fundamentals make it one worth holding.
The Los Angeles Lakers set a new record for a professional team sale price at $12.5 billion, and sports investor Josh Harris said the team is worth "every bit."
Main Street has been in the process of winding down its portfolio of regional sports networks since the the NHL and NBA seasons ended earlier this year.
Gold prices fell Tuesday after rising to their highest in over three months.
Xpeng shares slid after weak delivery guidance, even as its nascent robotics business secured a valuation nearly matching that of its core EV business.
Goldman Sachs is embracing AI, but one of its senior tech leaders warns that it comes with an unintended risk: weakening the reasoning skills of future bankers.
President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027.