Morning Stock Movers: Coinbase, MicroStrategy, Nike

The video discusses the impact of China's crypto transaction announcement on US stocks, highlighting companies like Coinbase, Marathon Digital, and MicroStrategy. It also covers Nike's earnings, noting good sales but supply chain issues affecting inventory levels, impacting companies like Footlocker and Under Armour.

What was the primary focus of China's recent announcement that affected US stocks?

• A ban on US imports

• A crackdown on crypto transactions

• A new trade agreement

• An increase in tariffs

Which company is mentioned as having a significant amount of crypto on its balance sheet?

• Coinbase

• Marathon Digital

• MicroStrategy

• Ant Group

What was the main issue highlighted in Nike's earnings report?

• Increased production costs

• High inventory levels

• New product launches

• Decreased demand

Which companies are affected by Nike's supply chain issues?

• Footlocker and Under Armour

• H&M and Zara

• Adidas and Puma

• Reebok and New Balance

What is a significant factor contributing to Nike's supply chain challenges?

• Increased competition

• Lack of raw materials

• Port congestion in North America

• Labor strikes in factories