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Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
Tesla Model 3 RWD Hits $45,900 in Australia, Undercuts BYD by $7,090
Tesla’s new Model 3 RWD costs $45,900 AUD, $9,000 less than the Premium variant, and becomes Australia’s cheapest electric sedan. Deliveries start mid-to-late October 2026.
T.J. Maxx Closes 3 Stores in 2026 While Adding 15 Nationwide
T.J. Maxx closed stores in Boston and Maryland in 2026, but TJX added 15 net locations this year. The closures are targeted lease expirations, not a nationwide shutdown.
Jack Bowes Requests Trade to Essendon After Nine Games at Geelong
Geelong midfielder Jack Bowes requests trade to Essendon after limited playing time. The 28-year-old has played nine games in 2026 and is out of contract at season’s end.
Micron Surges on Record Q4 Earnings, Guides Q1 Revenue to $61.5B
Micron beat Q4 earnings with $33.42 EPS vs. $31.61 expected and $54.23B revenue vs. $51.07B forecast. Q1 guidance of $61.5B revenue far exceeds analyst estimates of $57B.
Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
Australia Loses ODI Series to South Africa 2-1; Tests Begin October 9
Australia lost the ODI series 2-1 to South Africa. The Test series starts October 9 in Durban. Mitch Marsh ruled out of Tests despite Pat Cummins leaving the door open for a comeback.
UK Voting System Overhaul: Burnham Pushes Proportional Representation Before 2029
Andy Burnham pledges to fight the next UK election on electoral reform, proposing a commission to explore proportional representation systems that could reshape parliament.
Google Launches Fitbit Air in India at Rs 13,999 on October 2
Google launches Fitbit Air in India at Rs 13,999 with 24/7 heart rate monitoring, Afib alerts, and one-week battery life. Sales begin October 2 via Google Store and retail partners.