Stock Market Surges, Nike Falls: Oracle, Coinbase, CoreWeave Lead Gains
Update: 2025-12-19
Description
Oracles shares surge as TikToks US operations set to be sold to a joint venture with Oracle and Silver Lake. Coinbase rises following SECs new guidance for broker-dealers, including crypto exchanges. CoreWeaves stock climbs as it collaborates with the Department of Energys Genesis Mission and receives positive coverage from Citi. Nikes stock drops by ten percent due to a seventeen percent sales decline in China.
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