Latest / Black Box Theory Podcast
Nike Just Got Dropped From the S&P 100
Getting removed from the S&P 100 isn't just a headline — it's the market telling you where the power's moving. In this clip we read the signal.
Malcolm and Thomas break down Nike's removal from the S&P 100 index and what it really means: a shift toward AI infrastructure names taking over the top of the S&P 500, and a brand whose perception and pricing are quietly turning consumers off. They connect the two stories — how a company loses its spot when it stops connecting with people, and how the market rewards whatever's driving the next wave. It's a snapshot of who's rising, who's slipping…
The skinny
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