It is a tough day for 2 athletic retail firms. Nike’s (NKE) fiscal third-quarter earnings and income topped expectations, however a weak outlook and slowing gross sales in China are spooking traders. Lululemon (LULU) shares are additionally falling this morning after the athleisure model reported fiscal fourth-quarter earnings. Whereas earnings and income topped estimates, the corporate’s steerage fell wanting expectations. Social media firm Reddit (RDDT) is getting into its second day as a public firm following a profitable IPO. After pricing at $34/share, Reddit popped almost 50% yesterday, closing the day at over $50/share. Yahoo Finance trending tickers embrace FedEx (FDX), Apple (AAPL), and SoundHound AI (SOUN).Key company embrace:9 a.m, ET – Aneesha Sherman, Bernstein Senior Analyst10:30 a.m. ET – Pat Gelsinger, Intel CEO10:45 a.m. ET – Robert Mitchnick, BlackRock Head of Digital Assets11:40 a.m. ET – Hunter Horsley, Bitwise Asset Administration Co-Founder & CEO