Squawk on the Street SOTS 2nd Hour: New Nvidia/AMD China Fees, Barrick Mining CEO Talks Gold, & TKO CEO Live 8/11/25
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Aug 11, 2025 Mark Shapiro, President and COO of TKO Group Holdings, dives into the groundbreaking $7.7 billion UFC media deal with Paramount Skydance. He discusses the implications for the media ecosystem and the future of sports broadcasting, focusing on the shift from traditional pay-per-view to streaming. Shapiro also shares insights on maximizing media value, audience engagement, and the impact of industry mergers. The conversation provides a fascinating look at how the fight for viewers is evolving in a rapidly changing market.
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U.S. To Take Cut Of China Chip Sales
- The U.S. government secured 15% of NVIDIA and AMD China chip sale revenues for export permission.
- That creates a new revenue stream and complicates global semiconductor trade dynamics.
Tariffs Are Generating Substantial Federal Revenue
- Tariff receipts hit over $29 billion in July and $152 billion year-to-date.
- That windfall reduces the deficit and shifts economic burdens across importers and exporters.
Gold Miners Expect Upside Despite Tariff Uncertainty
- Mark Bristow says miners are price takers and expect more upside than downside in gold.
- Tariff uncertainty may lift prices but benefits depend on policy clarity.