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

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

The skinny

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