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Megacap Tech Turns Up, Major Cable Deal, Novo Nordisk CEO Steps Down 5/16/25

Squawk on the Street

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Market Momentum and Strategic Deals

This chapter explores the surge in the stock market, particularly in the tech sector, driven by strategic developments from major companies like NVIDIA and Tesla. It also examines Walmart's earnings call and its pricing strategies amidst inflation, alongside a significant merger between Charter and Cox worth $34.5 billion. The discussion highlights regulatory challenges and competitive dynamics in the telecommunications landscape, offering insights into future market prospects.

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