Generac Holdings Inc

People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia.Konstantin Zavrazhin | Getty Images News | Getty ImagesCheck out the companies making headlines in midday trading.Nike — Nike shares dropped 12% after the sneaker giant said Thursday its inventory was overstocked, up 44% in its latest quarter. As a result it will offer more discounts to clear out the excess merchandise. Other retailers were also dragged down, with Lululemon Athletica and Under Armour losing almost 6% and nearly 5%…

CNBC's Jim Cramer said Thursday he sees a bull market in a couple of industries including agriculture, even as Wall Street remains concerned about signs of a slowing economy. "I think we've got just a plethora of bull markets," the "Mad Money" host said. He added that investors should "be ready to buy into the weakness" standout stocks within them if Wall Street on Friday is spooked by Federal Reserve Chair Jerome Powell, who is delivering highly anticipated speech at 10 a.m. ET. "Another Fed-mandated meltdown could…

The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada.Patrick T. Fallon | AFP | Getty ImagesCheck out the companies making headlines in midday trading.Deere — The stock plummeted 11.4% after Deere reported a miss on revenue but a beat on profit in the recent quarter. The equipment maker reported earnings per share of $6.81 on revenues of $12.03 billion. Analysts expected $6.71 per share on $13.2 billion in revenue.Palo…