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Good morning! #investor_morning Nike $NKE The company's qua | 🚀 Robin Rocket

Good morning!
#investor_morning

Nike $NKE The company's quarterly revenue was $220 million below expectations at $12.2 billion. Its size was largely influenced by problems with the global supply chain amid quarantine restrictions in Vietnam. At the same time, sales in retail stores in the last quarter exceeded pre-pandemic figures.

US National Football League leans in favor of Apple $AAPL when selecting new provider for NFL Sunday Ticket coverage of soccer games.

The current agreement between US National Football League and DirecTV, a subsidiary of AT&T $T, which has been the league's soccer provider since 1994, will expire in a few months.

Boeing $BA has raised its long-term forecast for the development of the air transportation market in China. The manufacturer expects the country will need 8,700 new aircraft worth $1.47 trillion by 2040 to meet the growing demand for air travel.

Share buybacks rose 11.6% qoq to $198.8 billion, more than double last year's figure. Corporations continue to be the largest buyers of US stocks, supporting the stock market.

The People's Bank of China has promised to take control of transactions that it believes may be related to the acquisition of cryptocurrency, while Beijing announced that it will take new steps to restrict mining in the country.

Investors continue to digest the results of the FRS meeting and macro data, which signal the attenuation of business activity. Notable was yesterday's jump in 10-year US government bond yields to their highs since the summer. Despite popular belief that stocks are expensive, they still look cheap compared to bonds. Despite surges in volatility, I continue to look at the stock market positively, especially highlighting cyclical sectors and emphasizing the importance of portfolio diversification.