Squawk on the Street

Trump Auto Tariffs Effect, Big AI Bets, IPO Watch: Nvidia-CoreWeave Connection 3/27/25

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Carl Quintanilla, Jim Cramer and David Faber explored President Trump's decision to implement 25% tariffs on vehicles and auto parts manufactured outside of the U.S. Shares of General Motors, Ford and overseas automakers under pressure in reaction to that news out of the White House, but Tesla among the gainers. AI in the spotlight: OpenAI expects to triple its revenue this year, new developments surrounding Nvidia-backed CoreWeave and its IPO pricing, real estate firm Related Companies launches an effort to raise $8 billion in capital for data center development.

 

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