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Amazon’s Jungle, SoftBank's Massive OpenAI Investment, Exclusive: Pres. Trump's New Energy Secretary 02/07/25

Squawk on the Street

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Challenges Ahead for Retailers and Nike Amid Tariff Hikes

This chapter explores the recent challenges faced by the U.S. Postal Service and their effects on shipping from Hong Kong, as well as tariff hikes impacting retailers. It also analyzes the downgrade of Nike's stock, discussing inventory control issues and cultural challenges under the new CEO, along with analysts' skepticism about a quick turnaround.

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