Jim Cramer is making a bold contrarian call on two major stocks battered by tariff concerns and management missteps. The CNBC host believes Starbucks and Nike represent compelling buying opportunities despite their current challenges, arguing that both fundamentally sound businesses have been knocked down for macro reasons that don’t touch their core operations. With both companies offering 2-3% dividends while investors wait for multi-year turnarounds to play out, Cramer sees the current weakness as a prime entry point for patient investors.
about Cramer's 2 Tariff-Hit Stock Picks: Buy OpportunityNike
0 in Finance and 0 in Crypto last weekNike’s Turnaround Strategy: One Year Under CEO Elliott Hill
One year into CEO Elliott Hill’s tenure, Nike has successfully reversed its prolonged sales decline through a coordinated strategic offensive. The sportswear giant’s leadership team—including President Amy Montagne, Chief Innovation Officer Phil McCartney, and Chief Science Officer Matt Nurse—recently provided exclusive insights into their revitalization approach during an interview at Nike’s Oregon headquarters, revealing how Hill’s fresh perspective has repositioned the company for renewed growth.
about Nike's Turnaround Strategy: One Year Under CEO Elliott HillRTFKT Co-Founder Benoît Pagotto Dies at 41
Benoît Pagotto, co-founder of the pioneering digital fashion studio RTFKT, has died unexpectedly at age 41, leaving behind a legacy that transformed the intersection of luxury design, gaming, and crypto culture. The creative visionary helped build RTFKT into one of digital fashion’s most influential brands before its acquisition by Nike in 2021, with colleagues remembering him as exceptionally creative, discreet, and humble. His passing comes as the brand he helped create faces significant challenges, including a $5 million class-action lawsuit and operational wind-downs by its parent company.
about RTFKT Co-Founder Benoît Pagotto Dies at 41Market Rises Despite Shutdown; Berkshire Buys OxyChem for $9.7B
Financial markets demonstrated surprising resilience on the second day of the 2025 government shutdown, with the S&P 500 continuing its upward trajectory despite Treasury Secretary Scott Bessent’s warnings about potential economic damage. The market’s optimistic stance contrasted with official concerns as Berkshire Hathaway made a major $9.7 billion bet on the energy sector, acquiring Occidental Petroleum’s OxyChem division in a significant corporate move that overshadowed shutdown anxieties.
about Market Rises Despite Shutdown; Berkshire Buys OxyChem for $9.7BUS Government Shutdown Sparks Market Turmoil, Gold Soars
The United States has entered its first government shutdown in nearly seven years, marking the third such closure under President Trump as political gridlock between Democrats and Republicans deepens. This political crisis coincides with troubling economic signals, including a surprising 32,000-job drop in private payrolls reported by ADP, sending investors scrambling for safety in gold as markets stumble into the fourth quarter with mounting uncertainty.
about US Government Shutdown Sparks Market Turmoil, Gold SoarsGovernment Shutdown Hits Markets as Nike Soars on Earnings
The U.S. government entered a shutdown after lawmakers failed to reach a funding agreement by the September 30 deadline, creating immediate market turbulence and threatening economic stability. While political dysfunction sent the Vanguard S&P 500 ETF (VOO) down 0.4% premarket, Nike shares surged more than 4% following better-than-expected quarterly earnings, creating a stark contrast between corporate resilience and governmental breakdown. The conflicting signals created a volatile trading environment as investors weighed strong company performance against broader economic uncertainty.
about Government Shutdown Hits Markets as Nike Soars on EarningsNike Beats Sales Forecasts as Turnaround Gains Traction
Nike’s latest quarterly results surpassed Wall Street expectations, signaling that the sportswear giant’s turnaround strategy is beginning to bear fruit. Strong performance in North America and wholesale operations drove better-than-anticipated revenue despite a slight overall sales decline. The results validate CEO Elliott Hill’s restructuring efforts aimed at revitalizing the world’s largest sportswear company.
about Nike Beats Sales Forecasts as Turnaround Gains TractionPrediction Markets vs DAOs: A New Financial Coordination Frontier
Syndicate co-founder Ian Lee reveals surprising parallels between prediction markets and decentralized autonomous organizations. Both systems fundamentally coordinate human behavior with capital, despite their different crypto-native labels. This perspective challenges conventional categorizations and highlights evolving DeFi innovation.
about Prediction Markets vs DAOs: A New Financial Coordination FrontierBNB Surpasses Nike, DoorDash in Market Cap
Binance Coin (BNB) has achieved a significant milestone by surpassing the market capitalizations of Nike and DoorDash, while also nearing the caps of Interactive Brokers and MicroStrategy. The token’s growth is fueled by institutional investments, including a $500 million deal by Nano Labs and a $160M bid from BNC. Trading at $795, BNB has seen a 15% monthly increase, recently hitting an ATH of $844. The BNB Chain supports various protocols and NFTs, with top collections performing well. PancakeSwap’s CAKE token has also benefited, rising 10% this month. Analysts like Ali Martinez suggest BNB could rally to $1,200, mirroring Bitcoin’s early-stage bull patterns.
about BNB Surpasses Nike, DoorDash in Market CapGemini Expands Tokenized Stocks & Solana Staking in EU
Gemini, the digital assets exchange co-founded by Cameron and Tyler Winklevoss, has announced key updates to enhance its position in the crypto ecosystem. The platform has expanded its tokenized stock offerings for EU customers, adding 14 U.S. equities like Broadcom, Nike, and Starbucks. Additionally, Gemini launched Solana staking services through its custody arm, targeting institutional investors such as ETFs. These developments highlight Gemini’s strategy to merge traditional finance with digital assets while catering to both retail and institutional markets.
about Gemini Expands Tokenized Stocks & Solana Staking in EUBitvavo Secures EU-Wide MiCA License from Dutch AFM
Bitvavo has become one of the first crypto firms in the Netherlands to fully comply with the EU’s MiCA standards after receiving regulatory approval from the Dutch AFM. The license enables the exchange to operate across all EU member states under the new harmonized regulatory framework, which sets unified rules for custody, trading, stablecoins, and transparency. Bitvavo CEO Mark Nuvelstijn called this a crucial step for market confidence, while CRO Jeetan Patel highlighted the extensive compliance process. MiCA aims to create consistent crypto regulations across the EU, with full compliance required by December 2025. This follows similar approvals for Kraken and Coinbase in other EU jurisdictions.
about Bitvavo Secures EU-Wide MiCA License from Dutch AFMAdidas Launches NFT Mystery Boxes for Sui-Based Game
Adidas and Xociety are launching 2,600 NFT mystery boxes on May 16, priced at $129 each, containing Adidas-branded digital clothing sets for the Sui-based game Xociety. The boxes include varying rarity levels, authenticity certificates, and XCS tokens, which represent corporate shares in Xociety. The NFTs will be tradable on marketplaces post-drop, with sales running until May 23. This collaboration follows Adidas’ previous crypto ventures, including partnerships with Bored Ape Yacht Club and Doodles. Meanwhile, other apparel giants like Nike have exited the Web3 space, highlighting Adidas’ continued commitment to blockchain innovation.
about Adidas Launches NFT Mystery Boxes for Sui-Based Game