Nike rallies as new CEO boosts hopes

Nike (NKE) faces challenges even as a new CEO brightens the spirits of investors. (00:26) Warren Buffett's Berkshire (BRK.B) continues to trim Bank of America (BAC) stake. (01:55)  Macy's (M) to hire fewer employees for holiday season this year. (02:39)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: FDX, NKE, and moreOpenAI's possible pursuit of IPO creates unique challengesJ&J said to boost offer to settle baby powder lawsuits to over $8.2BDisney to stop using Slack as its corporate messaging platform - WSJSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.