We Noticed: Tariffs Begin Impacting Bike Industry; Canyon Reduces US Workforce; Nike x Hyperice Recovery Boots

Lots of small bites flowing through our notebook this week. Here's the top-line items that we've pulled out. Tariffs Slow Giant Shipments; Specialized Adding Tariff Line Items to Dealer Invoices Two of the largest bike companies -- Giant and Specialized -- have started seeing impacts to their business as a result of tariffs. We start