Squawk on the Street Doge Disagreement, Airline Layoffs, The Return of Jack Ma? 02/18/25
Feb 18, 2025
The podcast kicks off with a lively discussion on Jack Ma's recent return and a resignation within Social Security. It dives into the tech industry's dynamics, highlighting NVIDIA's influence and historical parallels with the Sputnik era. The hosts reflect on 1938's events affecting today’s markets, including layoffs at Southwest Airlines and investment opportunities in the pet sector. Intel's potential restructuring and Medtronic's earnings woes are dissected, while the impact of treasury rates and corporate layoffs keeps the financial discourse sharp.
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Doge Data Access
- Doge's attempts to access sensitive government data are escalating.
- A top Social Security official resigned after refusing Doge access to such information.
Jack Ma's Return
- Jack Ma's reappearance in a meeting with Chinese President Xi raises questions about China's approach to business.
- Some believe this signals a potential turning point, while others remain skeptical.
Apple's Future
- Apple's service revenue stream is very large.
- This potentially allows smoother stock trajectory, less dependent on new edition sales.