Nike stock price: Why shares are rising despite the shoe giant’s revenue decline and serious tariff warning

The company reported its Q4 and full-year earnings yesterday. The results weren’t great, but the stock is rallying anyway. Shares in Nike, Inc. (NYSE: NKE) are trading much higher this morning after the company announced its Q4 2025 results. Yet those results saw Nike post some of its worst earnings in a while, along with…

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German data protection official wants Apple, Google to remove DeepSeek from the country’s app stores

A German data protection official has reported Chinese AI app DeepSeek to Apple and Google, saying the app transfers users’ information to China illegally. Meike Kamp, Berlin’s Commissioner for data protection and freedom of information, told the companies that DeepSeek did not provide “convincing evidence” that users’ data was protected as required by EU laws….

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Redwood Materials is giving old EV batteries a second life as microgrids

Redwood Materials is repurposing old EV batteries into energy storage systems that cost “substantially less” than brand new storage projects, the company said Thursday. The electric vehicle battery recycling and manufacturing venture, which was founded by Tesla’s former chief technologist, has created a new division called Redwood Energy to manage these projects. The aim is…

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