Nike Tanks After Warning of Sales Drop, TikTok Signs Deal for U.S. Joint Venture
Update: 2025-12-19
Description
Market update for December 19, 2025.
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In this episode:
Economists question the quality of the inflation data
Nike beats earnings but warns of weaker sales and margin pressure
TikTok moves closer to a U.S. spinoff with Oracle-led investors
CoreWeave joining the federal government’s AI “Genesis” mission
Maybe the greatest fun fact in this show’s history
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