Stocks on a rollercoaster ride, giving back big early session gains as investors remain cautious about the economy. Nike shares higher in after hours trading after beating wall street’s earnings estimates. Oppenheimer’s Brian Nagel discusses whether Nike’s turnaround is finally in full force. Fedex shares however under pressure after missing profit expectations and lowering its full year forecast. Evercore ISI’s Jonathan Chappell weighs in on whether now is the time to buy the stock. And Affirm CEO Max Levchin reacts to rival Klarna taking over its buy now, pay later partnership with Walmart and if he is starting to worry about the state of consumer spending.

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