EPISODE · Feb 28, 2025 · 42 MIN
Inflation Watch, Tech Sell-Off and Nvidia's Fall from $3T, China vs. Trump on Tariffs 2/28/25
from Squawk on the Street · host CNBC
Carl Quintanilla, David Faber and Sara Eisen led off the show with market reaction to January PCE -- the Fed's preferred inflation gauge. KPMG Chief Economist Diane Swonk joined the discussion. The anchors delved into the tech sell-off and the tariffs effect: Nasdaq is on track for its worst monthly performance since September 2023, while Nvidia's market cap falls below $3 trillion -- leaving Apple as the only company with a valuation above that level. Also in focus: China vows to retaliate against President Trump's tariffs if necessary, bitcoin slides below $80,000, Dell earnings, OpenAI CEO Sam Altman says the company is "out of GPUs," Faber Report on Walgreens and M&A. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Carl Quintanilla, David Faber and Sara Eisen led off the show with market reaction to January PCE -- the Fed's preferred inflation gauge. KPMG Chief Economist Diane Swonk joined the discussion. The anchors delved into the tech sell-off and the tariffs effect: Nasdaq is on track for its worst monthly performance since September 2023, while Nvidia's market cap falls below $3 trillion -- leaving Apple as the only company with a valuation above that level. Also in focus: China vows to retaliate against President Trump's tariffs if necessary, bitcoin slides below $80,000, Dell earnings, OpenAI CEO Sam Altman says the company is "out of GPUs," Faber Report on Walgreens and M&A. Squawk on the Street Disclaimer
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Inflation Watch, Tech Sell-Off and Nvidia's Fall from $3T, China vs. Trump on Tariffs 2/28/25
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