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Nike’s Greatest Innovation: Turning $200 Billion Into a PowerPoint Slogan

Nike never misses an opportunity to tell everyone it is the world’s most innovative company—a fearless champion of creativity, self-expression, and the rebellious spirit of sport.

Apparently, the latest expression of that innovative spirit is turning a $169 stock into a $39 stock.

That is a 78% collapse from its 2021 peak, roughly $200 billion in market value erased, a 12-year low, eight consecutive quarters of declining sales in China, Nike Direct revenue down 7%, digital sales down 12%, and the stock heading toward its worst annual performance since 1993.

But please, tell us more about “Win Now.”

Only Nike’s leadership could lose approximately $200 billion, fall behind younger and more innovative competitors, watch Jordan and Sportswear lose momentum, and still walk into the next all-hands meeting congratulating themselves for being courageous disruptors.

The company celebrates self-expression—as long as employees express exactly what leadership wants to hear. It celebrates risk-taking—as long as executives never risk their own jobs. It celebrates innovation—then eliminates experienced innovators, reorganizes the survivors, and expects a new corporate slogan to design the products consumers no longer see coming from Nike.

This isn’t innovation. It’s institutional arrogance wearing expensive sneakers and carrying a PowerPoint deck.

Nike’s greatest recent innovation may be discovering how to turn “Just Do It” into “Just Keep Saying Innovation Until Investors Stop Looking at the Numbers.”

They haven’t.


Just Blew It.

Nike went from “Just Do It” to “Just Blew It.” The stock fell from its record closing high of $177.51 in November 2021 to $39.48 on August 25, 2026—a nearly 78% decline. The Swoosh has become a downhill chart. 📈


Insider stock sales

2026-08-11 — Amy Montagne, President, Nike, reported a sale of 4,867 shares at $42.05 per share.
2026-08-07 — Robert Leinwand, EVP and Chief Legal Officer, reported a sale of 821 shares at $41.60 per share.
2026-08-07 — Venkatesh Alagirisamy, EVP and Chief Operating Officer, reported a sale of 890 shares at $41.60 per share.
2026-08-07 — Philip McCartney, EVP, Chief Innovation, Product & Design Officer, reported a sale of 524 shares at $41.60 per share.
2026-08-07 — Matthew Friend, EVP and CFO, reported a sale of 2,463 shares at $41.60 per share.


The Lyons' Apologists Ring the Bell Too Early

Heh-heh. Did you see these guys this morning?

Fiserv drops at the open and suddenly the Lyons Widows are dancing around like they just inherited Webistics. “It’s collapsing!” “Takis is finished!” One stunad was probably pricing a commemorative plaque.

Then the stock claws almost the entire dip back and finishes in the same general neighborhood as the Dow and FIS.

Now, suddenly, everybody’s quiet.

These people don’t understand stocks, fundamentals, or companies. They understand refreshing a red number and becoming emotionally aro--ed. The market gives them fifteen bad minutes and they think they’re Warren Buffett. Heh-heh.

And this obsession with Lyons? Madonn’. The man leaves behind a crater and they defend him like he personally tucked them in at night. Takis inherits the mess, the stock fights back after bad guidance, and they’re disappointed it didn’t go bankrupt before lunch.

They’re not investors. They’re hecklers with Yahoo Finance open.

Commendatori, Takis. As for the glorified Lyons fan club, next time wait until the closing bell before you start licking the frosting off the bankruptcy cake.


RSUs

I’ll be getting RSUs this year for the first time. Are the RSUs based on a maximum dollar amount of your CL and ranking or is it a set number of shares no matter what the stock price is? I.e you get 20 shares at $100 and still 20 shares at $150 stock price.


Like a Rock

Elon announces he wants to have mobile service via Starlink, and the TMUS stock drops to $172 a share. This POS is down $50 a share over it high in March of $221 a share. That's some awesome executiving.

https://finance.yahoo.com/markets/stocks/articles/spacex-starlink-threat-sends-t-110144114.html


Another Quarter, Another Excuse

Someone in the ELT is probably raising a glass while shareholders are staring at a 20% post-market collapse and another 52-week low.
Green day? "Look at the value we've created."
Red day? "The market is overreacting."
No. The market is keeping score.
You can't win the AI race with a legacy mindset. While competitors reinvent themselves, Teradata still feels like it's trying to bolt AI onto yesterday's business.
The stock isn't the problem.

It's the scoreboard.


Tabitha Brown, Chief Empowerment Officer for Clover

Who remembers that?! From January 2025, back when the stock was over $200.

https://investors.fiserv.com/news-releases/news-release-details/tabitha-brown-becomes-first-chief-empowerment-officer-clover

Shannon Watkins, what was she thinking? And what was Frank B thinking when he hired Watkins?! (Probably, "I can't wait to get out of here and sell everything.")


Visa shares jump on layoffs

Visa has announced a reduction in its workforce, impacting an unspecified number of employees. This move comes as the company navigates evolving market conditions. The financial technology giant is implementing these changes to streamline operations. Further details regarding the exact number of affected individuals were not immediately available. The company's stock saw a positive reaction in the options market following the news.

https://www.cnbc.com/video/2026/07/28/options-action-visa-shares-jump-on-layoffs.html


Physical AI?

Whats this all about? How will it bring the stock back up and how serious is ravi about it?
https://investors.cognizant.com/news-and-events/news/news-details/2026/Cognizant-Launches-Sovereign-Physical-AI-Platform-as-a-Service/default.aspx


Who would have thought?

Remember when we were all sure 3M was going belly up and we tried to jump ship to solventum? Well, joke is on all of us. 3M stock has appreciated 88% since spin off and SOLV 11%. S&P is up 44% during sane time frame. 3M Healthcare was a crown jewel in 3M and is somehow bo----g post spin. Make it make sense.


IBM shares rise 3% post-Q2 earnings miss as investors eye prior profit warning

All is right with the world again. Always knew AK would come through! Will be watching for the stock to hit $332 again very soon, if not higher.

https://www.investing.com/news/stock-market-news/ibm-shares-rise-3-postq2-earnings-miss-as-investors-eye-prior-profit-warning-4806913

Author: Louis Juricic | Published 07/22/2026, 04:17 PM

Investing.com -- International Business Machines Corporation (NYSE:IBM) reported second-quarter results that fell short of analyst expectations, though shares rose 3% as the company had issued a profit warning last week.

The technology company posted adjusted earnings per share of $2.93 for the quarter, missing the analyst consensus of $3.01 by $0.08. Revenue came in at $17.2 billion, below the $17.9 billion estimate and up 1% YoY. IBM now expects full-year constant currency revenue growth of 4% to 5%, down from its prior guidance of more than 5%. The midpoint of 4.5% falls below the previous expectation. The company maintained its forecast for free cash flow to increase by approximately $1 billion YoY.

"Although we faced revenue headwinds late in the second quarter, we continued to focus on the fundamentals of our business, including driving productivity, strengthening our portfolio, and generating free cash flow," said James Kavanaugh, IBM senior vice president and chief financial officer.

Software revenue increased 5% to $7.8 billion, with Hybrid Cloud (Red Hat) up 11% and Data up 19%. Consulting revenue remained flat at $5.3 billion, while Infrastructure revenue declined 7% to $3.8 billion, primarily due to a 42% drop in IBM Z, partially offset by a 37% increase in Distributed Infrastructure.

The company generated $2.5 billion in free cash flow during the quarter, down $0.3 billion YoY. For the first six months, free cash flow was $4.8 billion, flat compared to the prior year period.

"We are confident in IBM’s strategy and portfolio, and in our ability to capture growth opportunities ahead," said Arvind Krishna, IBM chairman, president and chief executive officer.

IBM continues to expect improved pre-tax income margin expansion for the full year.