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Market update for Wednesday April 1, 2026

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

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

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

The Rundown

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