Morning Stock Movers: Caterpillar, Virgin Galactic, Nike

The video discusses the potential impact of an infrastructure deal on construction-related stocks like Caterpillar and Vulcan Materials, highlighting analyst upgrades. It also covers Virgin Galactic's FAA approval for space travel, boosting its stock. Additionally, the video reviews earnings reports from Nike and FedEx, noting Nike's revenue growth and FedEx's margin concerns. Finally, it addresses the annual rebalancing of the Russell indices, with significant stock additions and movements, including GameStop's upgrade.

What is the expected revenue for Nike this year according to the text?

What is the rebalancing happening with the Russell indices mentioned in the text?