Nike Stock Slides on Weak Outlook, OpenAI Raises $122 Billion

Market update for Wednesday April 1, 2026

Check out the Public app for incredible investing tools and to support the show (Link)(Agentic AI)

Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.

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