Squawk on the Street Biggest Earnings Week, Sec. Bessent: "It's Up to China," Senate Dems vs. Musk 4/28/25
10 snips
Apr 28, 2025 AI Snips
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Consumers Cut Back on Usage
- Consumers are reducing usage of products like laundry detergent to save money amid rising prices.
- Price increases at stores like Macy's and Walmart significantly impact working-class Americans with average incomes around $45,000.
Senate Memo on Musk's Influence
- Senate Democrats allege Elon Musk could avoid $2.37 billion in liabilities via influence over federal agencies.
- No evidence yet of actual corruption; the claims are potential risks requiring legal proof.
NVIDIA Investors' Success Stories
- Fans shared stories of making millions investing in NVIDIA, validating the show's impact.
- Jim Cramer appreciates these encounters as rewards for his work on Mad Money.