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Musk 'Disappointed' in Trump Tax Bill; Nvidia Earnings On Tap

Bloomberg Daybreak: US Edition

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Economic Uncertainty and Market Reactions

This chapter explores the ramifications of a substantial new spending bill that may exacerbate the budget deficit, with notable criticism from Elon Musk. It also addresses recent challenges faced by SpaceX and discusses key developments in financial markets, including NVIDIA's performance amid export restrictions and Japan's weak bond auction. Additionally, the chapter highlights Trump's administration's scrutiny of international student visas, significant corporate moves, and the overarching impact of trade policies on business confidence.

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