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House Passes Trump's Tax Bill, Long Bond Yield Jumps, Tesla Gets Leapfrogged 5/22/25

Squawk on the Street

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Intro

This chapter delves into recent pivotal events in financial markets, such as the House's approval of a GOP tax bill and the implications for the U.S. deficit. It also discusses Tesla's sales challenges in Europe against competitors and highlights OpenAI's collaboration with designer Johnny Ive, exploring its potential effects on Apple.

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