NKE Is Out, ANF Is In As Apparel Retailers Streamline Inventory, 11 Stocks Thrive As MAG-7 Fall Apart And More

Top 5️⃣ highlights in investing and stock news. [The Top 5 - Weekly Market Insights] [OpenAI As The Next Google 20 Years After Its Landmark IPO]( 1 Nike Stock Is Out, Abercrombie In, As Apparel Retailers 'Seek Religion' On Inventory The new world of fast fashion has led to a widening rift among clothing brands and retailers this year, one that has made it challenging for investors to pick the leaders. At least a few have posted big year-to date gains. At the same time, consumers have turned fickle on brand loyalty. That has sent powerhouse brands like Lululemon Athletica (LULU) and Nike (NKE) into steep declines. [Read More]( [CrowdStrike Outage Updates: These Disruptions Persist]( 2 Fed Inflation Rate Stalls, September Rate Cut On Track; S&P 500 Rallies [Read more]( [Blame One Stock For Most Of Magnificent 7's $1.3 Trillion Loss]( 3 11 Stocks Now Thrive As The Magnificent Seven Fall Apart [Read more]( [IBD 50 Chip Designer Arm Flexes Muscles In AI, Other Markets]( 4 Viking Therapeutics Unveils Monthly Weight-Loss Shot, Rocking Eli Lilly, Novo Nordisk [Read more]( [Nvidia, One Warren Buffett IPO Leader Still Among 25 'Perfect' Stocks]( 5 Nvidia Stock, Google Exit Growth List As Insurance, Energy, Defense Names Rotate Into Leadership [Read more]( Today's Spotlight [IBD Digital Summer Sale]( Prep your summer portfolio with premium investing insights from IBD––get 3 months of digital access for just $30. [Join Now >]( [IBD Virtual Trading Summit]( Join us for a free 2-hour trading workshop on 8/10 to learn the fundamentals of sound stock market investing––register today. [Register Today >]( [Free Investing Podcast]( Listen to IBD’s podcast for new investing tips and trade ideas every week! Subscribe today. [Listen Now >]( [Facebook]( [Twitter]( [LinkedIn]( [Instagram]( [YouTube]( [StockTwits]( [Privacy]( | [Terms]( | [Manage Subscription]( | [Unsubscribe]( Sent to: {EMAIL} Investor's Business Daily, LLC, PO Box 300, Princeton, NJ 08543-0300 | Copyright 2024 Need help? Have feedback? [Feel free to contact us]( Investor’s Business Daily, IBD, IBD Digital, Leaderboard and IBD Live are trademarks owned by Investor’s Business Daily, LLC. ID: 7133