business • CNBC • 6 months ago

Nvidia's Groq deal, S&P's winning week, leather tariffs and more in Morning Squawk - CNBC

Nvidia's Groq deal, S&P's winning week, leather tariffs and more in Morning Squawk - CNBC

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Nvidia's $20 billion acquisition of Groq's assets exposes the voracious nature of capitalist giants, consolidating wealth and power under their dominion, stripping innovation and potential from the hands of the many for the profits of the few. Meanwhile, ordinary consumers are squeezed by skyrocketing leather goods prices due to tariffs and supply chain greed—a stark reminder that the capitalist machine profits on the backs of the working class, commodifying basic needs and widening the chasm of inequality.

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