Nike (NYSE:NKE) just does it. Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google delays removing cookies. Visa (NYSE:V) makes a big buy. Peloton (NASDAQ:PTON) ventures into wearables. Accenture (NYSE:ACN) surges on earnings, and FedEx (NYSE:FDX) stumbles. In this episode of Motley Fool Money, Motley Fool analysts Andy Cross, Emily Flippen, and Jason Moser weigh in on those stories and share a couple of stocks on their radar. Plus, Washington Post space reporter Christian Davenport talks about Jeff Bezos, Elon Musk, and the business of space.
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This video was recorded on June 25, 2021.
Jason Moser: We’ve got some earnings to get to this week. Google’s cookies need a little bit more time in the oven, Visa is making another run at a fintech deal, but we begin this week with the swoosh, Nike reported earnings on Thursday afternoon and to say the market approved, that would be an understatement. Andy, is this a typo, Nike’s revenue for the quarter grew 96%?
Andy Cross: Jason, it’s not a typo. It was a really very impressive quarter from Nike. Now, some of that is just a pull forward from last year, another pull forward, but just the rebound from when things shutdown last year about this time, but sales were up 96%, almost doubled…