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

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

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. The reopening trade […]

Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett’s new tradition and more in Morning Squawk Read More »

Apple removes gay dating apps from Chinese App Store at Beijing’s request

Apple removes gay dating apps from Chinese App Store at Beijing’s request

Flag of China and LGBT rainbow flag Alxeypnferov | Istock | Getty Images Apple has confirmed that it has removed two popular gay dating apps from its Chinese iOS Store, following an order from Beijing’s main internet regulator and censorship authority. It comes following reports of the apps — Blued and Finka — suddenly disappearing

Apple removes gay dating apps from Chinese App Store at Beijing’s request Read More »

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

CNBC Daily Open: Days of declines won’t keep AI trade down

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive

CNBC Daily Open: Days of declines won’t keep AI trade down Read More »

The Trump administration wants to allow crypto-backed mortgages. Here’s why

The Trump administration wants to allow crypto-backed mortgages. Here’s why

It’s no secret that buying a home is expensive. The average sales price for U.S. homes has hovered around $400,000 since the end of 2021, according to the Federal Reserve Bank of St. Louis.   Most homebuyers looking to cover that cost turn to mortgage lenders, who pore over financial details like salaries, bank balances and

The Trump administration wants to allow crypto-backed mortgages. Here’s why Read More »

Former Google, Meta executives raise 0 million for high-capacity AI servers startup

Former Google, Meta executives raise $100 million for high-capacity AI servers startup

Ofer Shacham is CEO of Majestic Labs. Tal Givony Three former Meta and Google silicon executives on Monday announced they’ve raised a total of $100 million to build technology they say will reduce cloud companies’ spend on data center buildouts. Called Majestic Labs, the startup’s co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all

Former Google, Meta executives raise $100 million for high-capacity AI servers startup Read More »

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

The Instacart logo is seen on a smartphone and on a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart‘s stock rose more than 8% before the bell Monday after the grocery delivery platform topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. Here’s how the company did

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance Read More »

Too early to bet against AI trade, State Street suggests 

Too early to bet against AI trade, State Street suggests 

State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April. Chief Business Officer Anna Paglia said momentum stocks still have legs because investors are reluctant to step away from the growth story that’s driven gains all year. “How would you not want to participate in the

Too early to bet against AI trade, State Street suggests  Read More »

AI valuation fears grip global investors as tech bubble concerns grow

AI valuation fears grip global investors as tech bubble concerns grow

A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty Images This week’s equity market wobble, which saw a retreat in U.S. artificial intelligence-related stocks amid ongoing concerns over stretched valuations, has thrust contagion fears into the spotlight for global

AI valuation fears grip global investors as tech bubble concerns grow Read More »

SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks

SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The conglomerate, which holds a wide range

SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks Read More »

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