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Trump-Xi Phone Call, Layoffs Surge, Amazon and Robots 6/5/25

Squawk on the Street

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Tensions and Trends in Tech and Finance

This chapter explores the growing rivalry between Musk and another entrepreneur over political donations, while examining Tesla's hurdles in China and local competition. Additionally, it discusses retail market dynamics, the resilience of companies like Five Below, and the forthcoming IPO for Circle, impacting cryptocurrency and stablecoin markets.

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