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Nike Tanks After Warning of Sales Drop, TikTok Signs Deal for U.S. Joint Venture

Nike Tanks After Warning of Sales Drop, TikTok Signs Deal for U.S. Joint Venture

Published 2 months, 1 week ago
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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