#techovertradition
techovertradition
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🚨 Shockwaves in the Market! 🚨
The king of sportswear, Nike $NKE, is in free fall! 📉
Down 40% in just 80 days
Hit a 12-year low while the S&P 500 hits new all-time highs
China sales collapsing 20% this quarter
Tariffs costing $1.5 BILLION this year
Net income already down 32% last quarter
Turnaround? Management now pushing it to 2027 at the earliest
Meanwhile, Allbirds – a shoe brand that was days from shutting down – ditched shoes, rebranded as an AI company, and soared +430% in a single day! 🚀
One sells iconic sneakers loved worldwide.
The other sold its entire shoe business for $39M… to buy GPUs.
💡 The brutal truth: Brand legacy doesn’t matter anymore. The market worships AI.
#MarketMadness #NikeCrash #AllbirdsAI #StockShock #TechOverTradition
The king of sportswear, Nike $NKE, is in free fall! 📉
Down 40% in just 80 days
Hit a 12-year low while the S&P 500 hits new all-time highs
China sales collapsing 20% this quarter
Tariffs costing $1.5 BILLION this year
Net income already down 32% last quarter
Turnaround? Management now pushing it to 2027 at the earliest
Meanwhile, Allbirds – a shoe brand that was days from shutting down – ditched shoes, rebranded as an AI company, and soared +430% in a single day! 🚀
One sells iconic sneakers loved worldwide.
The other sold its entire shoe business for $39M… to buy GPUs.
💡 The brutal truth: Brand legacy doesn’t matter anymore. The market worships AI.
#MarketMadness #NikeCrash #AllbirdsAI #StockShock #TechOverTradition
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