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Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett's new tradition and more in Morning Squawk

1. Senate's agreement could end government shutdown, boosting market optimism. 2. Nasdaq sees largest rally since May, indicating renewed interest in AI stocks. 3. SoftBank sold its entire stake in Nvidia for $5.83 billion, shares dipped. 4. SoftBank remains involved with Nvidia through AI projects like Stargate. 5. Warren Buffett plans to increase charitable giving while retaining significant stock.

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FAQ

Why Bearish?

SoftBank's divestment of Nvidia shares may signal reduced confidence among major investors. Historical sell-offs often lead to temporary stock price declines.

How important is it?

The sale indicates possible investor sentiment challenges for NVDA, affecting expected price stability.

Why Short Term?

Sell-offs by major stakeholders can cause immediate price adjustments, hence short-term impact.

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