Nike Stock Plummets After Earnings Report | Stock Market Today

US stock futures are trading mixed this Friday morning as investors digest a wave of earnings from consumer, payroll, and transportation giants.

Here are the stocks investors are watching today:

Conagra Brands (CAG)
Expected to report $0.44 per share on $2.99 billion in revenue before the opening bell.
Shares rose 0.3 percent to $17.85 in after-hours trading.

Nike (NKE)
Reported better-than-expected Q2 earnings and revenue, but logged a second consecutive quarterly decline in gross margins.
Revenue totaled $12.43 billion, beating estimates of $12.22 billion, while EPS of $0.53 topped the $0.38 estimate.
Shares fell 10.8 percent to $58.57 after hours.

Paychex (PAYX)
Expected $1.23 per share on $1.57 billion in revenue before the open.
Shares slipped 0.5 percent to $113.69 in after-hours trading.

FedEx (FDX)
Posted strong Q2 fiscal 2026 results and raised full-year guidance, now forecasting 5 to 6 percent revenue growth, up from 4 to 6 percent previously.
The company also reaffirmed $1 billion in permanent cost reductions tied to structural changes and its Network 2.0 initiative.
Shares rose 0.1 percent to $287.50 after hours.

Carnival (CCL)
Expected to report $0.25 per share on $6.37 billion in revenue before the opening bell.
Shares rose 0.5 percent to $28.49 in after-hours trading.