Nike China
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Morning Squawk: Q2 Close, Nike Earnings, Egg Prices & More
Investors face a dynamic market with insights on the AI infrastructure race, Nike’s China sales dip, and AI’s inflationary risks. Cleveland Fed President Beth Hammack warns of insatiable AI demand fueling inflation. AWS invests $1 billion in a new AI engineering team, while egg producers settle a price probe with donations. Private equity’s impact on youth sports affordability is also under scrutiny.
