Win Streak Ends and Fed Watch Begins, Palantir Tumbles, CEOs' Macro Message at Milken 5/6/25
Squawk on the Street
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Market Trends and Tariff Impacts
This chapter explores recent stock market trends, including the end of a nine-day win streak and the effects of Palantir's quarterly results. It delves into the challenges faced by companies like Ford and the automotive sector due to ongoing tariffs and trade uncertainties, while also addressing the cautious sentiment among executives regarding economic forecasts. Additionally, the conversation highlights the competitive landscape for electric vehicles in Europe amidst changing market dynamics.
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