Information security
from24/7 Wall St.
52 minutes agoPalo Alto's CEO Said 'AI Must Fight AI' - Then Put $10 Million Behind It
AI must be integrated into cybersecurity defenses to counter sophisticated cyberattacks.
Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker's stock. Cook, who has served on Nike's board since 2005 and is its lead independent director, bought 50,000 shares at $58.97 each, according to a regulatory filing published on Tuesday. Nike shares were trading at $58.49 on Wednesday. The purchase comes just days after Nike reported weaker quarterly margins and sluggish sales in China.