Squawk on the Street SOTS 2nd Hour: Alphabet's AI Plans, Dick's Sporting Goods Exec. Chairman, & AeroMexico CEO Talks Demand 11/25/25
14 snips
Nov 25, 2025 AI Snips
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Episode notes
Consumer Signals Are Cooling, Not Collapsing
- Consumer data shows softening: confidence, retail sales, and credit access are all weakening.
- The Fed faces mixed signals while markets price in a higher chance of near-term cuts.
Cost Beats Monopoly As Models Commoditize
- Meta considering Google TPUs threatens NVIDIA's data center dominance by offering a cheaper alternative.
- If models become commoditized, the lower-cost hardware provider gains the competitive edge.
Cleaning Out The Garage At Foot Locker
- Ed Stack described 'cleaning out the garage' after acquiring Foot Locker to remove old inventory and impair underperforming assets.
- He launched an 11-store test reshaping merchandising to drive a faster turnaround into 2026.