Why is Nike's Stock Dropping? & Travel Boom in Latin America | Wealth Wednesday

Latin Wealth

Welcome to another episode of Wealth Wednesday hosted by Latin Wealth! In today's episode, we dive into the latest news surrounding Nike, the potential economic boost from travel and tourism in Latin America, and Google's significant funding for Black and Latino AI-powered startups. Nike has seen a significant drop in its stock price, falling from $106 to $75 year-to-date. We'll explore the company's new strategies to combat declining sales and regain customer loyalty. We'll also discuss a report suggesting that travel and tourism in Latin America could boost the region's economy by $260 billion over the next decade. Key policies and strategic investments are essential for unlocking this growth. Additionally, Google has funded 20 Black and Latino founders of AI-powered companies with $150,000 each. We'll highlight some of the innovative startups benefiting from this initiative and the broader impact on the tech industry. Join us as we discuss these topics and more! Don't forget to stay tuned for our upcoming episodes and special guests.