🚨 NIKE: FROM WALL STREET GIANT TO A COMPANY IN CRISIS Nike embraced progressive political messaging, including controversial advertising campaigns and social activism. Critics called it going woke. Now, the company’s stock has suffered a historic collapse. 📉 $NKE has fallen roughly 79% from its November 2021 peak of $177.51, trading near $37 today. The company that once dominated athletic footwear is struggling with declining sales, growing competition, and weakening demand in China. Nike’s latest quarterly revenue fell 4%, and its turnaround remains an uphill battle. But was going woke responsible for the collapse? Nike’s financial troubles also stem from product missteps, excessive discounting, and competitors taking market share. There’s no clear evidence that political messaging caused the stock’s decline. CEO Elliott Hill is now attempting to rebuild the brand by refocusing on sports, innovation, and relationships with retailers. Can Nike reclaim its former dominance, or are its best days behind it? $NKE

📊 CAPITAL WIRE | MARKET UPDATE Tuesday, October 13, 2026 🇺🇸 WALL STREET: U.S. stocks are trading lower as investors digest mixed bank earnings and weakness in technology shares. 📉 DOW JONES: Down 0.34% 📉 S&P 500: Down 0.12% 📉 NASDAQ: Down 0.14% ₿ BITCOIN: Trading around $83,000 after briefly falling toward $81,000 overnight. 🥇 GOLD: Trading near $4,200 per ounce. 🛢️ OIL: Crude prices retreat after Monday’s surge. 🏦 BANK EARNINGS: JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo report quarterly results. 📊 INFLATION WATCH: Investors await Wednesday’s CPI report, which could influence the Federal Reserve’s next interest rate decision. Wall Street remains cautious as earnings season gets underway and inflation takes center stage.

📊 CAPITAL WIRE | MORNING MARKET RECAP Monday, October 12, 2026 🇺🇸 WALL STREET: U.S. stocks are mixed as investors prepare for a major week of earnings and economic data. 📈 DOW JONES: Up roughly 0.3%. 📊 S&P 500: Little changed. 💻 NASDAQ: Down roughly 0.2% as technology stocks face pressure. ₿ bitcoin:native : Trading around $83,000. 🛢️ OIL: Brent crude climbs above $106 per barrel, raising fresh inflation concerns. 🏦 EARNINGS: JPMorgan, Goldman Sachs, and Citigroup are preparing to release quarterly results. 📉 FED WATCH: Investors are awaiting fresh inflation data that could influence the Federal Reserve’s next interest rate decision. A busy week ahead for Wall Street, crypto, and the global economy.

How to make a poll say what you want: Barely explain what prediction markets are. “Do you like war?” “Do you like betting on war?” “These markets are gambling. Do you support gambling?” “Prediction markets are horrible. Do you support prediction markets?” Gather and publish the results. Make sure to call it an unbiased poll. Another episode of the agenda-driven journalism series. 🤡 reuters.com/world/most-ameri…

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