{"id":982056,"date":"2025-12-26T09:14:56","date_gmt":"2025-12-26T03:44:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=982056"},"modified":"2025-12-26T09:20:51","modified_gmt":"2025-12-26T03:50:51","slug":"apples-tim-cook-doubles-nike-stake-endorses-ceo-hills-turnaround-push","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/12\/26\/apples-tim-cook-doubles-nike-stake-endorses-ceo-hills-turnaround-push\/","title":{"rendered":"Apple&#8217;s Tim Cook doubles Nike stake, endorses CEO Hill&#8217;s turnaround push"},"content":{"rendered":"<p>Apple chief Tim Cook bought shares worth about $3 million in Nike, a move that nearly doubled his personal stake in the sportswear maker and signaled confidence in the turnaround strategy laid out by CEO Elliott Hill.<\/p>\n<p>Shares \u200cof the company \u200cclosed 4.6% higher on Wednesday after a regulatory filing showed that Cook, who has been on Nike&#8217;s board since 2005, bought 50,000 shares \u200cat $58.97 each.<\/p>\n<p>As of December 22, he held about 105,000 shares, according to the filing released on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple chief Tim Cook bought shares worth about $3 million in Nike, a move that nearly doubled his personal stake in the sportswear maker and signaled confidence in the turnaround strategy laid out by CEO Elliott Hill. Shares \u200cof the company \u200cclosed 4.6% higher on Wednesday after a regulatory filing showed that Cook, who has been on Nike&#8217;s board since 2005, bought 50,000 shares \u200cat $58.97 each. As of December 22, he held about 105,000 shares, according to the filing released on Tuesday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-982056","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/982056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=982056"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/982056\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=982056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=982056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=982056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}