Squawk Pod Paul Tudor Jones & Mattel CEO Ynon Kreiz 5/6/25
May 6, 2025
Paul Tudor Jones, a legendary investor and founder of the Robin Hood Foundation, discusses the urgent need for AI security investments alongside its growth. He expresses his concerns about the broader implications of artificial intelligence. Ynon Kreiz, CEO of Mattel, shares how rising tariffs are affecting toy prices and the supply chain challenges faced by the company. Both guests delve into economic pressures on industries like pharmaceuticals and Hollywood, highlighting the interconnected nature of today’s market landscape.
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Mattel's Supply Chain Shift
- Mattel is accelerating moving its supply chain away from China to reduce tariff impact.
- They will raise some prices but aim to keep toys affordable by diversifying production globally.
Newark Airport Safety Concerns
- Major air traffic control systems at Newark airport rely on outdated technology.
- This has caused dangerous outages and ongoing delays raising safety concerns.
U.S. Role in Toy Production
- Majority of toy creation including design and engineering remains in the U.S.
- Manufacturing overseas helps keep quality high and prices affordable for consumers.