Bud Lite and Nike valuation now, compared to even just two years ago, is evidence that woke [either 1 or 2] is DOA.
Both decided to premier woke values as advertsing camapaigns and have discovered, to their chagrin, that woke is not a money-maker. Conservatives buy beer and running shoesd in big numbers; big enough that both companies have lost big value.
One might add Jaguar to that list, which featured a clear diversion to woke advertising in late 2025 with garish models, body movement, 60s psychedelic colors, etc. In April 2025, they sold all of 49 cars, worldwide, compared to over 2,000 in April 2024. They claim that reduction was not due to the woke ad camapign, but a near zero producrion of ICE [internal combustion engine] in favor of development of EV. Well, what says EVs are no woke?