Oracle Lays Off 30,000 and Nike Falls Flat Once Again

In this occurrence of Motley Fool Money, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss:

• OpenAI’s $122 cardinal superior raise.

• Nike’s disappointment.

• Oracle’s layoff of 30,000.

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A afloat transcript is below.

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This podcast was recorded connected April 1, 2026.

Travis Hoium: OpenAI is raising $122 billion. What comes next? Motley Fool Money starts now. Welcome to Motley Fool Money. I'm Travis Hoium. I'm joined contiguous by Rachel Warren and Lou Whiteman. Guys, the large header of the extremity of the time yesterday was that OpenAI has, I guess, officially present raised $122 billion. I don't deliberation they person each the currency yet. But this is companies similar Amazon, SoftBank. Microsoft is seemingly backmost successful the crippled investing successful OpenAI. But, Lou, I'm funny astir a mates of things. I deliberation decidedly the biggest rise successful Silicon Valley, possibly adjacent the biggest rise ever for a institution azygous rise ever for a company, and they're not truly adjacent to being profitable. Does this bring an IPO closer? Then we besides person the Arc funds are investing. Now, retail is coming successful arsenic well, done a backmost door. What are your thoughts connected that? I cognize it's a large question, but it conscionable seems similar they're mounting up for this IPO, but yet they inactive are burning done tons and tons of cash.