Inflation and the Fed, Trump's Tariff Threats and Economic Team Picks, A Downer for Dell 11/27/24
Squawk on the Street
Investment Trends and Retail Insights
This chapter explores OpenAI's $1.5 billion investment from SoftBank and its implications for employee liquidity and the tech sector's funding landscape. It also examines consumer behavior amid economic uncertainty, highlighting retail performance, particularly Nordstrom and Abercrombie, as well as the impact of tariffs on supply chains. The discussion concludes with diplomatic developments related to a U.S.-China prisoner swap and insights into the upcoming Thanksgiving travel metrics.
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