Procter & Gamble
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Dick’s Sporting Goods Earnings: What They Reveal About Nike
Tuesday’s market showed mixed results: S&P 500 and Dow gained, but Nasdaq dipped due to Big Tech weakness. Nvidia fell on Meta’s potential Google TPU use, boosting Broadcom. Meta’s move highlights AI chip competition and potential shift to customized silicon. Portfolio diversification is key; defensive stocks like P&G are attractive amid volatility. Home Depot presents long-term potential with anticipated rate cuts. Nike rose as Dick’s Sporting Goods’ Foot Locker closures consolidated market share, signaling improved collaboration.
