Sponsored by

Today is Wednesday, July 1, 2026.

The Early Bird Index today is 93.18.

New to this newsletter? Sign up here

Nike's Comeback Hits a Wall 📉

Despite posting better-than-expected financial earnings results on Tuesday, NIKE $NKE ( ▼ 1.04% ) fell 2.47% in after-hours trading, suggesting that the company’s comeback hit a snag.

Financials: Nike reported earnings of 72 cents per share in the past quarter and revenue of $11 billion. Both were better than expected.

Details: Revenue fell 1% year-over-year, including a 7% decline in the direct-to-consumer business. There were revenue declines in Greater China. Converse revenue plunged 32%.

Powering the Story: Expectations were already low for Nike. These results show that the company’s plans for a comeback have not worked out as expected.

Early Bird’s Nest Egg Gains: Nike is getting trapped by a slow turnaround, not one single problem. The biggest brakes are weak China demand, heavy inventory cleanup, margin pressure from discounting and tariffs, and uneven product momentum versus newer rivals.

Final Thoughts: Nike’s stock is down 74% over the last 5 years and has reached its lowest level in over a decade.

His Father Got Parkinson's. He Built Robots Instead.

Clint Brauer grew up on his family's Kansas farm. His dad sprayed the same chemicals every American farmer sprays. Years later: Parkinson's. Clint walked away from a tech career to build a different way. Today his company, Greenfield Robotics, runs a patented fleet of autonomous bots that slice weeds with centimeter precision, day or night, herbicide-free. 

Greenfield is now opening shares to everyday investors under Reg A+. Reserve during Test the Waters and you lock in a 5% bonus that can grow to 20% the week the round goes live. The US has 250 million acres at stake.

Greenfield Robotics is Testing The Waters under tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind. “Reserving” shares is simply an indication of interest. There is no binding commitment for investors that reserve shares in this manner to ultimately invest and purchase the shares reserved of the company, or to purchase any shares of the company whatsoever.

Notables

Notable Earnings Today: General Mills (NYSE: GIS), FactSet (NYSE: FDS), UniFirst (NYSE: UNF), Greenbrier (NYSE: GBX), MSC Industrial (NYSE: MSM), Franklin Covey (NYSE: FC), Bassett Furniture Industries (Nasdaq: BSET).

Notable IPOs Today: CopperTech Metals Inc. (NYSE: CUX), ITG, Inc. Class A Common Stock (Nasdaq: ITG), Neutron Holdings, Inc. Common Stock (Nasdaq: LIME), Bending Spoons S.p.A. Ordinary Shares (Nasdaq: BSP), Osprey Acquisition Corp. III Units (Nasdaq: OSPRU), Aeon Acquisition I Corp. Class A Ordinary Shares (Nasdaq: AESP), Idaho Copper Corporation (NYSE American: COPR).

Notable Equity Crowdfunding Campaigns Ending Today: Red Line Safety (Wefunder).

Notable Economic Events Today: ADP Nonfarm Employment Change (8:15 a.m. ET), S&P Global Manufacturing PMI (9:45 a.m. ET), ISM Manufacturing PMI / Prices / Employment (10:00 a.m. ET), Construction Spending (10:00 a.m. ET), Crude Oil Inventories (10:30 a.m. ET).

Bloom Energy's $25B Expansion

Bloom Energy $BE ( ▲ 10.07% ) jumped 9.21% in after-hours trading on Tuesday after announcing an expansion of its partnership with the investment firm Brookfield.

Details: The expansion now calls for $25 billion, up from a previous announcement of $5 billion, to finance power projects for AI infrastructure and grow the fuel cell partnership globally.

Powering the Story: Surging electricity demand from artificial intelligence data centers has forced companies to partner with Bloom Energy, which offers solid-oxide fuel cells to bypass lengthy traditional power grid delays.

Final Thoughts: Bloom Energy was already up over 200% this year.

Papa John’s CFO Exits Company

Papa John’s $PZZA ( ▲ 2.62% ) announced Tuesday that CFO Ravi Thanawala is leaving the company, which caused the stock to fall 3.45% in after-hours trading.

Details: Chris Collins, senior vice president of corporate finance and principal accounting officer, takes over as CFO on an interim basis while the search for a permanent successor starts.

Background: The CFO’s exit comes as Papa John’s stock has declined over 24% in the past 12 months. Rumors of a potential takeover have circulated.

Final Thoughts: The company will report its financial results on August 6.

The Big Movers: Mid-2026 Edition
The Big Movers: Mid-2026 Edition
Four stocks that moved markets, reshaped leadership, and revealed where the smart money is paying attention.
$1.99 usd

Thank you for reading!

Forward to a friend and tell them to sign up here.

Pick winning stocks: Upgrade to Early Bird Prime.

Become a smarter investor: Get Early Bird Exclusives

Want more investing tips? Listen to the podcast.

Show Your Support: Buy Me a Coffee.

Questions or comments? Hit reply to reach out.

The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.

Reply

Avatar

or to participate

Early Bird