The Rundown Trump to Take 15% Cut of Nvidia & AMD China Sales, Paramount Buys UFC Rights for $7.7B
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Aug 11, 2025 The podcast dives into the latest trends in the financial markets, highlighting revitalized cryptocurrencies and critical upcoming economic indicators. It discusses groundbreaking trade agreements between the U.S. and China regarding AI chip exports from NVIDIA and AMD. Additionally, a major shift in sports media rights is covered as Paramount makes waves with a $7.7 billion investment in UFC. The conversation wraps up with a look at major shifts in entertainment stocks and a humorous take on CEO fashion choices, adding a light-hearted touch.
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Big Tech Driving Market Rebound
- Stocks rallied despite a weak jobs report and higher tariffs.
- Big tech and strong earnings pushed the S&P 500 and NASDAQ to record highs.
Upcoming CPI Will Test Tariff Impact
- July CPI will indicate whether tariffs are pushing inflation higher.
- The market expects inflation near 2.5% and a China trade truce decision is imminent.
Unprecedented 15% Cut On China Chip Sales
- NVIDIA and AMD agreed to give 15% of China chip revenues to the U.S. for export licenses.
- Bernstein estimates the deal could generate over $2 billion for the U.S. government.