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Business

Nike Investigates Major Data Breach Claim Amid Turnaround Efforts

Sportswear giant Nike is probing claims by a ransomware group that it has leaked a trove of internal company data. The alleged breach, which comes as Nike navigates restructuring and margin pressures, raises significant questions about cybersecurity readiness and potential impacts on its digital transformation strategy.

Business

Palladyne AI Lands Key Air Force Contract, Extending Its AI Swarm Tech to Space

The U.S. Air Force Research Laboratory has awarded Palladyne AI a contract for its HANGTIME project, marking a significant expansion of the company's autonomous swarm software from ground and air assets into the space domain. The deal validates the company's core technology but comes as investors weigh its growth potential against ongoing financial challenges.

Business

Covenant Logistics Sees Freight Market Turning, But Margin Pressures Linger

Covenant Logistics Group struck a cautiously optimistic note in its Q4 2025 earnings call, citing improving freight fundamentals and rising bid activity, even as margin compression across key segments weighed on profits. The company is navigating the shift through fleet optimization, a reduced capex plan, and the integration of a new brokerage unit.

Business

Ziff Davis Bets on AI and Consolidation to Revive Growth, But Questions Remain

Ziff Davis has consolidated its key shopping assets into the AI-powered RetailMeNot Group, aiming to drive advertising and commerce revenue. This strategic pivot underscores the company's broader push to leverage artificial intelligence across its digital portfolio, though investors remain divided on its long-term prospects amid structural challenges.