NKE Mixed Earnings, NVDA Top Chip Pick, HPE Upgrade #shorts

Good morning traders. Here are three things to watch ahead of Friday's [music] open. Nike shares are falling in premarket trading after the company reported mixed earnings [music] missing on revenue expectations. Nike also issued weak full-year guidance and announced plans [music] to lay off more staff in 2027 after two rounds of job cuts this year. Nvidia shares are higher in premarket trading and Morgan Stanley [music] has reinstated the company as its top semiconductor pick. The firm sites diversity of its customer base and the fact that recent developments [music] in the space all play to Nvidia's strengths. And HPE shares are higher in premarket trading after being upgraded to [music] outperform at Daiwa. The firm believes HPE is seeing demand that is stronger than current [music] growth estimates and is in the right place at the right time with solid [music] infrastructure solutions. Download the Schwab Network app and watch 24/7 on schwabnetwork.com.