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  
Podcast: The Rundown
Published On: Fri Dec 19 2025
Description: 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 dataNike beats earnings but warns of weaker sales and margin pressureTikTok moves closer to a U.S. spinoff with Oracle-led investorsCoreWeave joining the federal government’s AI “Genesis” missionMaybe the greatest fun fact in this show’s history