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Tim Cook Buys $3M of Nike Stock, AI Fleet Company Motive Files for IPO

Market update for Wednesday December 24, 2025

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In today’s episode:

The S&P 500 hits another record as GDP growth comes in hotter than expected

Apple CEO Tim Cook buys $3M worth of Nike stock as the company struggles to turn things around

Google-backed AI fleet management company Motive files for an IPO

Dynavax surges after agreeing to a $2.2B acquisition by Sanofi

Intel slides after reports Nvidia won’t use its chip manufacturing process

Tech IPOs in 2025 have disappointed investors

The skinny

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