Stock Movers Nike Slumps, Intel Jumps, Tesla Gains
Apr 1, 2026
Isabel Lee, Bloomberg cross-asset reporter who covers market-moving earnings and stock moves. She breaks down Nike’s sharp revenue warning and share slide. She explains Intel’s $14.2B Ireland plant deal and what it means for the turnaround. She outlines Tesla’s softer delivery trend and its strategic pivot to AI, autonomy and robotics.
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Nike Revenue Cut Sparks Large Share Decline
- Nike's outlook hit sentiment hard with a forecasted revenue decline of 2–4% for the fourth quarter.
- The stock plunged ~15% to its lowest since 2014 and is down ~30% year-to-date amid persistent headwinds and weaker-than-expected analyst forecasts.
Elliot Hill's Candid 'I'm So Tired' Moment
- A Bloomberg recording captured CEO Elliot Hill saying "I'm so tired," showing his candid tone to employees.
- Hosts noted Hill's empathy but questioned whether that morale-boosting empathy is enough to reverse a decade-low stock and internal pressure to cut costs.
Intel Reacquires Irish Plant To Bolster Turnaround
- Intel moved to buy back half of an Irish plant it previously sold to Apollo for $14.2 billion, signaling confidence in its manufacturing comeback.
- The deal will use cash and about $6.5 billion of new debt and is expected to be accretive to EPS, per Isabel Lee.