Apple Mac Mini Revamp; Dick's Sporting Goods Falls on Outlook | Stock Movers

Watch on YouTube ↗  |  August 25, 2026 at 17:18  |  3:37  |  Bloomberg Markets
Speakers
Romaine Bostick — Anchor, Bloomberg

Summary

The segment covers three stock-moving stories: Dick's Sporting Goods fell after lowering its full-year outlook due to weakness in its Foot Locker unit; Apple is preparing to launch a new Mac mini with AI-related demand as a backdrop; and SpaceX shares rose after Elon Musk announced AI satellite plans using Nvidia-designed chips. The discussion also touches on downstream pressure on Nike and expected Nvidia chip price increases.

  • Dick's Sporting Goods lowered full-year net sales guidance to $21.9-$22.2 billion due to Foot Locker weakness.
  • DKS shares are down about 9% year-to-date versus a 12% S&P 500 gain.
  • Nike shares were also pressured as a read-across from the Foot Locker weakness.
  • Apple is preparing its first Mac mini update in nearly two years, possibly before the September iPhone event.
  • Apple is testing M5 and M6 processor versions after AI-driven Mac demand.
  • SpaceX stock rose to its June IPO price of $135 after Elon Musk's AI satellite and Nvidia chip announcements.
  • SpaceX and Nvidia are working on a space-optimized Vera Rubin chip for orbit in 2027 and scale in 2028.
  • Nvidia chip prices are expected to rise beginning early next year.
Ideas
Romaine Bostick Anchor, Bloomberg 0:09
Dick's Foot Locker buy drags outlook
Dick's Sporting Goods lowered its full-year net sales outlook because weakness in the newly acquired Foot Locker unit is overshadowing World Cup-driven sales gains. The acquisition has deepened skepticism about the company's strategy because it adds exposure to a troubled retailer and struggling malls, and the stock is down about 9% year-to-date versus a 12% gain for the S&P 500.
DKS MED
Romaine Bostick Anchor, Bloomberg 1:15
New Mac mini launch is catalyst
Apple is preparing to launch a new Mac mini desktop for the first time in almost two years, potentially ahead of the September iPhone event. The upgrade follows surging demand for the current Mac mini and popularity of AI tools on Macs, creating a product-driven catalyst for Apple.
AAPL LOW
Romaine Bostick Anchor, Bloomberg 2:28
SpaceX AI satellite plans boost stock
SpaceX stock is up after Elon Musk indicated its first AI satellites, powered by Nvidia chips, will launch and reach significant scale. SpaceX has helped design a space-optimized version of Nvidia's Vera Rubin chip planned for orbit in 2027, with significant scale in 2028, supporting a positive long-term catalyst for SpaceX.
SPCX MED
Romaine Bostick Anchor, Bloomberg 3:02
Nvidia chip prices rising next year
Nvidia chips are expected to go up in price starting early next year, and SpaceX is using Nvidia's chips including a customized Vera Rubin design for space. This points to strong AI-related demand and pricing power for Nvidia.
NVDA MED
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This Bloomberg Markets video, published August 25, 2026, features Romaine Bostick discussing DKS, AAPL, SPCX, NVDA. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Romaine Bostick  · Tickers: DKS, AAPL, SPCX, NVDA