The stock market rebound, Nike's recovery questions, 'Project Hail Mary' and more in Morning Squawk
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By Alex Harring
Published on April 1, 2026.
The three major indexes have risen following a strong day of trading, with Nike's shares falling more than 10% in response to concerns about its declining sales forecast for the rest of the year. The company beat Wall Street expectations for its fiscal third quarter but expects a 20% decline in its China market. The White House has issued an executive order limiting mail-in voting, which critics argue would disenfranchise millions of Americans. The film "Project Hail Mary" has grossed over $300 million globally since its release, marking the best performance ever for an Amazon MGM film. Meanwhile, OpenAI has closed a record-breaking funding round, bringing in $122 billion in committed capital, an increase from the previous announcement of $110 billion.
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