Nike reported a surprising 1% revenue increase to $11.7 billion in Q1 2026, beating estimates, with wholesale up 7% but DTC and digital sales declining. EPS fell 30% to 49 cents amid China challenges and margins pressure. Amid CEO transition to Elliott Hill, shares rose, with low single-digit growth outlook ahead.
Spara, a conversational AI startup cofounded by David Walker and Zander Pease, raised $15 million in seed funding led by Radical Ventures to automate inbound sales processes. Its AI agents qualify leads via voice, email, and chat, promising efficiency gains over traditional methods. Amid competition, Spara eyes global expansion despite data privacy challenges.
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