GoKawiilDick's Sporting Goods sinks 15% on Foot Locker weakness; Nvidia extends losing streak
Dick's Sporting Goods shares dropped 15% pre-market after the retailer missed second-quarter earnings expectations and cut its full-year outlook for Foot Locker, whose comparable sales fell 3.6%. Meanwhile, Nvidia announced its Groq 3 LPX rack is entering full production later this year, the first commercial payoff from its $20 billion Groq acquisition, even as its stock posted a seventh straight day of losses ahead of Wednesday's earnings report.
GoKawiil's interpretation of the reporting above, not reported fact.
Dick's results show how uneven consumer spending is hitting footwear retail even as its core business benefited from World Cup-driven demand. Nvidia's Groq rollout signals its push into faster AI inference just as investors grow anxious about its upcoming earnings after an unusual weeklong slide in its shares.
- Dick's Sporting Goods shares fell 15% after missing earnings and lowering Foot Locker's outlook.
- Lego posted record first-half revenue, up 21% year-over-year, citing new and returning customers.
- Nvidia's Groq 3 LPX rack enters production as the chipmaker faces its longest stock slide since 2022 ahead of earnings.
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See LEGO Icons Botanical Collection Succulents on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: cnbc.com — Alex Harring, 2026-08-25
Published there as: “U.S. economic offense, Lego's record revenue, Nvidia's losing streak and more in Morning Squawk”
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