SOTS 2nd Hour: CPI Breakdown, Fed Implications, and Live from Riyadh: Elon Musk & Jensen Huang 5/13/25
Squawk on the Street
00:00
Billion-Dollar Deals in Saudi Arabia
This chapter focuses on the announcement of $600 billion in investments during a presidential trip to Saudi Arabia, including major commitments from corporations like DataVolt. It examines the intricacies of these deals, the lack of transparency surrounding them, and their broader economic implications, including challenges in managing inflation and interest rates. The chapter also highlights the impact of these investments on U.S.-Saudi relations and the risks associated with technological partnerships, particularly concerning China.
Transcript
Play full episode
