Group 1: Tesla - Tesla's stock closed down 0.03% with a trading volume of $1.97 billion. The National Highway Traffic Safety Administration (NHTSA) received a petition on November 24, 2025, requesting an investigation into the mechanical door unlocking mechanism of the 2022 Model 3 due to design issues and difficulty in emergency situations [1][6]. Group 2: Nvidia - Nvidia's stock fell 0.32% with a trading volume of $12.20 billion. Reports indicate that Nvidia has halted testing of high-end chips using Intel's 18A process technology, negatively impacting Intel's stock price. Nvidia has decided not to pursue further collaboration with Intel [1][6][7]. Group 3: Micron Technology - Micron Technology's stock rose 3.77% with a trading volume of $5.12 billion. Argus Research raised Micron's target price from $210 to $320, citing growth driven by artificial intelligence solutions and recovering demand across multiple end markets [1][7]. Group 4: Broadcom - Broadcom's stock increased by 0.26% with a trading volume of $3.96 billion. Citigroup expressed optimism about the AI supercycle extending until 2026, maintaining a positive outlook on Nvidia, Broadcom, and Micron Technology [2][7]. Group 5: Google - Google's Class A shares fell 0.08% with a trading volume of $3.08 billion. Reports suggest that Google has made significant advancements in AI, prompting a "Code Red" alert from OpenAI's CEO in response to the competitive threat posed by Google's Gemini 3 model. Predictions indicate that Google may become one of the strongest performers among the "Magnificent Seven" in 2026 [2][7]. Group 6: Nike - Nike's stock rose 4.64% with a trading volume of $2.12 billion. Apple CEO Tim Cook purchased $2.95 million worth of Nike shares, marking his first personal investment in the company, which is seen as a strong signal of confidence in Nike's future value [3][6][9]. Group 7: Costco - Costco's stock increased by 2% with a trading volume of $1.54 billion. Wells Fargo lowered Costco's target price from $1,000 to $900 while maintaining a "hold" rating [10].

Key Points Apple's Tim Cook nearly doubled his stake in Nike. That vote of confidence has investors thinking Nike stock has bottomed. 10 stocks we like better than Nike › Nike (NYSE: NKE) shares surged on this holiday-shortened trading day. It might not be for a reason you would think, though. The global footwear and apparel maker has had a rough year. Even amid great overall market returns, Nike shares have plunged 20% this year. Most recently, the shares dropped sharply after the company reporte ...

Core Insights - Nike shares increased by approximately 4.5% following a vote of confidence from Apple CEO Tim Cook, who expressed support for the brand [1] Company Performance - Tim Cook, a member of Nike's board for two decades, purchased nearly $3 million worth of Nike stock, acquiring 50,000 shares at an average price of $58.97, effectively doubling his stake [3] - Despite the recent surge, Nike shares have declined about 20% in value this year, as the company is undergoing a turnaround initiated by CEO Elliot Hill [3] Analyst Sentiment - Wall Street analysts maintain a generally positive outlook on Nike, with a mean price target around $80, significantly higher than the recent trading prices near $60 [4][5] - Bank of America analysts noted that consensus estimates for Nike are bottoming out and identified several catalysts that could lead to healthier growth, including gradual progress on innovation [5]

Core Insights - The retail environment appears busy, indicating a potentially decent holiday season, despite stock struggles in the sector [2][6] - There is a notable disconnect between consumer sentiment and actual purchasing behavior, with consumers remaining resilient despite expressing negativity [14][15] Retail Environment - Current observations suggest that foot traffic in malls is good, which may lead to positive holiday sales [2][6] - The emotional aspect of shopping can create biases that affect market perceptions, especially during the holiday season [4][5] Company-Specific Insights - Birkenstock is highlighted as a strong performer, showing double-digit growth in unit sales, indicating robust demand beyond just price increases [11][12] - Despite Birkenstock's strong fundamentals, its stock is down 25% year-to-date, suggesting a potential investment opportunity due to the mismatch between business performance and stock valuation [12] Consumer Behavior - There is a significant distinction between consumer sentiment and actual spending, with consumers continuing to purchase despite expressing concerns about economic conditions [14][15] - Behavioral economics suggests that negative sentiment does not necessarily translate into reduced retail sales, indicating a resilient consumer base [15][17]

Core Insights - Tim Cook, CEO of Apple, purchased approximately $3 million worth of Nike shares, increasing his stake in the company and indicating confidence in Nike's turnaround strategy under CEO Elliott Hill [1][2] - Following the announcement of Cook's purchase, Nike's shares rose by 5% [1] - Cook's acquisition of 50,000 shares at $58.97 each is noted as the largest open market stock purchase by a Nike director or executive in over a decade [2] Company Performance - Nike has reported weaker quarterly margins and declining sales in China, despite efforts by CEO Hill to boost demand through new marketing strategies and innovation [3][4] - The company's margins have been under pressure for over a year, and its stock has decreased nearly 13% since the results were announced on December 18, indicating ongoing challenges [4] - Nike's shares were trading at $60.19 on Wednesday, reflecting a trend of declines over the past four years [4] Strategic Moves - CEO Elliott Hill is focusing on reviving Nike's market position by phasing out underperforming lifestyle brands and strengthening relationships with wholesalers like Dicks Sporting Goods [3] - Tim Cook has been closely involved with Nike's strategic decisions, including advising on key appointments such as Hill's [6][8] - Other board members, including former Intel CEO Robert Swan, have also made significant stock purchases, indicating confidence in the company's future [8]

Key Takeaways Shares of Nike rose Wednesday, helped by news of a buy from Apple CEO Tim Cook, a member of the company's board. Cook bought at average prices near $59, well below Wall Street analysts' consensus price target around $80. A vote of confidence from the leader of one big brand is helping the shares of another today. Shares of Nike (NKE) climbed on Wednesday's holiday-shortened trading session—the shares were recently up about 4.5%, leading all gainers on the S&P 500—following an express ...

Market Performance - The S&P 500 reached a new record, climbing past 6,920 points with a year-to-date gain of 17% [1] - Other major indices also saw modest gains, indicating a potential fifth consecutive session of increases as the year ends [2] - The CBOE Volatility Index (VIX) fell to 13.7, the lowest level since mid-December 2024, reflecting reduced market anxiety [2] Notable Stock Movements - Top gainers in the S&P 500 included Sandisk Corp. and Nike Inc., both rising approximately 5% [2] - Nike shares increased following Apple CEO Tim Cook's purchase of 50,000 shares at $58.97 each [3] - Micron Technology extended its post-earnings rally to 27% over the past five sessions, gaining an additional 4% [3] Banking Sector Highlights - Major banks like Citigroup, J.P. Morgan Chase, Wells Fargo, and Bank of America reached record levels, with Citigroup marking its sixteenth gain in the past seventeen sessions [3][4] Precious Metals and Crypto Markets - Precious metals experienced a pause in their rally, with gold slipping 0.4% after reaching an intraday high of $4,525 per ounce, and silver falling 0.8% after hitting $72.69 [4] - In the crypto market, Bitcoin decreased by 0.9% to around $87,000, marking a 7% decline year-to-date [5] ETF Performance - The Vanguard S&P 500 ETF rose 0.2% to $633.80, while the SPDR Dow Jones Industrial Average ETF gained 0.4% to $486.07 [7]

Market Overview - The U.S. stock market opened with mixed results, with the S&P 500 index reaching a record high of 6921.0 points during the session [2] - As of the report, the Dow Jones index rose by 0.35%, the S&P 500 index increased by 0.16%, while the Nasdaq Composite index fell by 0.01% [2] Company Specifics - Tim Cook, CEO of Apple and a board member of Nike, has begun to increase his stake in Nike by purchasing approximately $2.95 million worth of shares at an average price of $58.97 per share, acquiring 50,000 shares [3][4] - Following this news, Nike's stock price surged over 4% on December 24 [3] - Cook's total holdings in Nike have now reached 105,480 shares, valued at over $604,000 based on the previous closing price [4] - This marks the first time Cook has used personal funds to buy Nike stock, which is typically seen as a strong signal of confidence in the company's future value [5] - On the day before Cook's purchase, another board member, Robert Swan, also bought Nike shares, indicating a trend of insider buying aimed at boosting market confidence [5]

Group 1: Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 200 points on Wednesday [1] Group 2: Dynavax Technologies Corp - Shares of Dynavax Technologies Corp rose significantly after Sanofi SA announced its acquisition for $15.50 per share in cash, totaling an equity value of around $2.2 billion [1] - The acquisition enhances Sanofi's position in the adult immunization market [1] - Dynavax shares surged by 38.6% to close at $15.44 on Wednesday [1] Group 3: Other Notable Stock Movements - Omeros Corp shares increased by 66.8% to $14.60 following FDA approval of YARTEMLEA for treating hematopoietic stem cell transplant-associated thrombotic microangiopathy [3] - Edgewise Therapeutics Inc gained 23.8% to $26.94 after updates from the ongoing CIRRUS-HCM Phase 2 trial of EDG-7500 [3] - Agios Pharmaceuticals Inc shares surged by 17.9% to $29.00 after FDA approval of AQVESME for treating anemia in adults with thalassemia, priced at approximately $425,000 per patient per year [3] - Wheels Up Experience Inc saw a gain of 14.8% to $0.73 [3] - Travere Therapeutics Inc increased by 14.3% to $40.41 [3] - Coincheck Group NV shares rose by 12.5% to $2.88 [3] - Polestar Automotive Holding UK Plc jumped 11.8% to $16.92 after announcing a $300 million equity investment [3] - CapsoVision Inc gained 11.6% to $14.39 [3] - X4 Pharmaceuticals Inc increased by 9.5% to $4.52 [3] - Falcon's Beyond Global Inc shares rose by 9.4% to $18.35 following a $100 million mixed shelf offering [3] - BIOAGE Labs Inc jumped 8.8% to $14.37 [3] - Kodiak Sciences Inc gained 8.6% to $29.81 [3] - UiPath Inc increased by 7.9% to $17.23 after being announced as a replacement for Synovus Financial in the S&P MidCap 400 [3] - Immuneering Corp rose by 6.8% to $6.83, with an upcoming update on a clinical trial scheduled for January 7, 2026 [3] - Nike Inc shares gained 4.7% to $60.03 amid mixed investor sentiment regarding insider purchases and concerns over tariffs and demand in China [3] - Micron Technology Inc increased by 3.5% to $286.01 [3]

Market bottoms rarely arrive with reassurance. They show up when skepticism turns casual — when stocks stop being debated and start being dismissed. That's the backdrop against which Apple Inc‘s (NASDAQ:AAPL) CEO Tim Cook's purchase of Nike Inc (NYSE:NKE) shares is suddenly getting serious attention.Track NKE stock here.Earlier this year, Tesla Inc (NASDAQ:TSLA) found its footing just as public commentary around the stock turned openly mocking, including a high-profile jab from Tim Walz. The remark didn't c ...