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Squawk on the Street
Stocks’ Fast Start, Gearing Up for Nvidia CEO's CES Keynote, U.S. Steel and Nippon Steel Sue Over Biden Blocking Their Merger 1/6/25
Jan 6, 2025
The stock market showcases resilience as major indices recover from a slump. Excitement builds for Nvidia's keynote at CES, promising tech innovations. A legal showdown unfolds as U.S. Steel and Nippon Steel push back against Biden's merger blockade. Meanwhile, United Airlines looks to test Elon Musk's Starlink on flights, while Salesforce faces a 'sell' recommendation. The entertainment industry takes heat at the Golden Globes, with Netflix dominating nominations amidst fierce competition.
42:48
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Quick takeaways
- The stock market's recent rally is underpinned by the tech sector's resilience, particularly ahead of key announcements from NVIDIA at CES.
- U.S. Steel and Nippon Steel's lawsuit against the Biden administration highlights rising tensions between corporate mergers and governmental regulatory actions.
Deep dives
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