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Nike Stock Slides on Weak Outlook, OpenAI Raises $122 Billion
Published 2 weeks ago
Description
Market update for Wednesday April 1, 2026
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In today’s episode:
Nike stock slides after the company warns turnaround will take longer than expected
OpenAI closes $122 billion fundraising round and hits $852 billion valuation
nCino soars after crushing earnings, raising guidance, and showing strong momentum in its AI tools
RH gets hammered after tariffs, weak demand, and a gloomy outlook hit the luxury furniture maker
Public launches AI agent feature that lets investors automate parts of their trading strategy inside the app