Nike’s Earnings Miss, Japan’s Semiconductor Purchase, and Markets in the Second Half of 2023 6/30/23

Nike shares are falling after the company missed on earnings for the first time in three years. Oppenheimer’s Brian Nagel breaks down the results. Plus, a Japan-backed fund is set to buy semiconductor firm JSR as the country pushes for domestic production. JSR CEO Eric Johnson discusses the details. And, what’s ahead for the markets in the second half of the year? Chantico Global’s Gina Sanchez and RBC Capital Markets’ Elsa Lignos weigh in.

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