FINNENCE ▪ THE WIRE FILE
THE WIRE · № 61112
News▼ Bearish
BREAKING: Nike stock, $NKE, crashes another -6% to its lowest level since September 2013 after posting weaker than expected earnings. The stock is now down -82% from its record high, erasing -$230 billion in market cap. https://t.co/85Vrxv7Eeu
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES3
STORY SIZESTANDALONE
FIRST SEEN2026-10-01 20:24 UTC
LAST UPDATE2026-10-01 20:24 UTC
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
Nike's earnings miss and multi-decade low price signal weak consumer discretionary demand and brand pressure.
Nike's decline flags discretionary spending weakness
CATALYST TO WATCH
Turnaround plan or next quarter guidance
MAIN RISK
Further share loss to competitors
FULL DISPATCH
BREAKING: Nike stock, $NKE, crashes another -6% to its lowest level since September 2013 after posting weaker than expected earnings. The stock is now down -82% from its record high, erasing -$230 billion in market cap. https://t.co/85Vrxv7Eeu
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
→CORRELATIONshares Consumer, Retail
BREAKING: The US personal savings rate fell -0.5 percentage points in August, to 4.1%, the lowest level since November 2021. Since January 2025, this figure has declined -1.6 percentage points. Excluding the 2022 drop, when elevated inflation eroded purchasing power and forced2026-10-02 00:39 UTC
BREAKING: The US personal savings rate fell -0.5 percentage points in August, to 4.1%, the lowest level since November 2021. Since January 2025, this figure has declined -1.6 percentage points. Excluding the 2022 drop, when elevated inflation eroded purchasing power and forced2026-10-02 00:39 UTC
→CORRELATIONshares Consumer
Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes https://t.co/g8hDV1DHnH2026-10-02 01:20 UTC
Australia's Tobacco Taxes Have Fueled A Massive Black Market For Cigarettes https://t.co/g8hDV1DHnH2026-10-02 01:20 UTC
→CORRELATIONshares Consumer
"The Cycle's TXU?": Paramount's Record Bond Offering Sinks Before The Ink Is Dry https://t.co/D0fktFigqJ2026-10-02 01:39 UTC
"The Cycle's TXU?": Paramount's Record Bond Offering Sinks Before The Ink Is Dry https://t.co/D0fktFigqJ2026-10-02 01:39 UTC
→CORRELATIONshares Consumer
McDonald's has deployed an AI pricing engine across its nearly 14,000 US restaurants and select overseas markets, according to a Reuters investigation published September 29. Read more: https://t.co/rBgfHn26Bl2026-10-02 01:58 UTC
McDonald's has deployed an AI pricing engine across its nearly 14,000 US restaurants and select overseas markets, according to a Reuters investigation published September 29. Read more: https://t.co/rBgfHn26Bl2026-10-02 01:58 UTC
→CORRELATIONshares Consumer
🚨🇺🇸 Trump put a huge promise on the table: lower prices AND $5,000 checks. He wants to send $5,000 checks to Americans, a proposal he estimates would cost roughly $1 trillion, while pointing to what he says is $21 trillion in incoming investment: “I never fail people. I always2026-10-02 01:59 UTC
🚨🇺🇸 Trump put a huge promise on the table: lower prices AND $5,000 checks. He wants to send $5,000 checks to Americans, a proposal he estimates would cost roughly $1 trillion, while pointing to what he says is $21 trillion in incoming investment: “I never fail people. I always2026-10-02 01:59 UTC
→CORRELATIONshares Consumer
🚨🇺🇸 Trump just tied a $5,000 check for every adult American to one condition: Republicans win Congress “If the Republicans win the House and the Senate, I am going to give all adult citizens in the United States a check for $5000 each.” Apparently the tariffs and economic growt2026-10-02 02:11 UTC
🚨🇺🇸 Trump just tied a $5,000 check for every adult American to one condition: Republicans win Congress “If the Republicans win the House and the Senate, I am going to give all adult citizens in the United States a check for $5000 each.” Apparently the tariffs and economic growt2026-10-02 02:11 UTC
KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.