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Bloomberg

Assessing Nike vs. Adidas as World Cup Heats Up

Drake MacFarlane, M Science Research Analyst, expressed cautious optimism about Nike's recent apparel sales boost, particularly from soccer jerseys, noting it as a positive short-term factor. However, he emphasized that Nike's need to strengthen its sports credentials and improve its footwear segment represents a longer-term challenge. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

New Crypto Bill Draft Expected Soon

Bloomberg Intelligences Nathan Dean joins Isabelle Lee on "Bloomberg Crypto." One of the Republican senators spearheading efforts to pass an industry-backed measure to regulate cryptocurrency and digital assets said Thursday lawmakers plan to soon release an "updated draft" of the bill that seeks to address members' concerns over ethics.

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