Nike unveils Project Amplify robotic shoe

Nike has introduced Project Amplify, a robotic shoe designed to enhance human movement. The device uses a powered mechanism to assist the ankle and lower leg. It aims to help users run faster or farther with less effort.

Nike unveils world's first powered footwear in Project Amplify

Theo Klein

Nike has introduced radical robo-shoes billed as the world's first 'powered footwear,' akin to an e-bike for your feet. The project, named Amplify, evokes a whimsical nod to Forrest Gump.

Nike exceeds earnings expectations with recovery warning

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Nike Inc. reported better-than-expected fiscal fourth-quarter results, with revenue and earnings surpassing Wall Street forecasts. However, the company cautioned that its recovery from recent challenges will not proceed in a straight line. Shares rose in after-hours trading following the announcement.

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