Nike Tanks After Warning of Sales Drop, TikTok Signs Deal for U.S. Joint Venture
The Rundown19 Dec 2025

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

Market update for December 19, 2025.


Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.


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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