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Retail earnings, the new AI leaders, Amazon’s  billion investment and more in Morning Squawk

Retail earnings, the new AI leaders, Amazon’s $50 billion investment and more in Morning Squawk

A Dick’s Sporting Goods logo is displayed outside one of their stores on October 10, 2025 in San Diego, California. Kevin Carter | Getty Images 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. Checking out […]

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Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices

Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices

A Best Buy store in Pinole, California, US, on Monday, Nov. 24, 2025. Best Buy Co. is expected to release earnings figures on November 25. David Paul Morris | Bloomberg | Getty Images Best Buy hiked its full-year forecast Tuesday, as it topped Wall Street’s quarterly sales expectations and customers turned to the retailer to

Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices Read More »

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’

A sign opposing a zoning change for a Microsoft data center appears in Caledonia, Wisconsin, on Sept. 19, 2025. Jordan Novet | CNBC The village of Caledonia, Wisconsin, sandwiched between Chicago and Milwaukee along Lake Michigan, is dotted with corn and soybean fields, single-story homes and traffic signs alerting drivers to horseback riders. In September,

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Sandisk joins S&P 500 following Western Digital spinoff, replacing Interpublic

Sandisk joins S&P 500 following Western Digital spinoff, replacing Interpublic

Atmosphere at the Variety 2025 Power of Young Hollywood Party, Presented by SANDISK held at the Four Seasons Los Angeles at Beverly Hills on August 07, 2025 in Beverly Hills, California. Michael Buckner | Variety | Getty Images Shares of flash storage vendor Sandisk popped 7% in extended trading on Monday after the company was

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Execs say OpenAI has first hardware prototypes, plan to reveal device in 2 years or less

Execs say OpenAI has first hardware prototypes, plan to reveal device in 2 years or less

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI CEO Sam Altman said on Friday that the artificial intelligence startup has finally finished its first prototypes for

Execs say OpenAI has first hardware prototypes, plan to reveal device in 2 years or less Read More »

Holiday air travel, Novo Nordisk trial results, ‘Wicked: For Good’ debut and more in Morning Squawk

Holiday air travel, Novo Nordisk trial results, ‘Wicked: For Good’ debut and more in Morning Squawk

John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during a farewell symposium for former De Nederlandsche Bank NV President Klaas Knot at the central bank headquarters in Amsterdam, Netherlands, on Friday, Oct. 3, 2025. Lina Selg | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to

Holiday air travel, Novo Nordisk trial results, ‘Wicked: For Good’ debut and more in Morning Squawk Read More »

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving

A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended.

‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving Read More »

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images On Microsoft’s earnings call last month, CEO Satya Nadella boasted about the company’s artificial intelligence products, and said over 150 million people are using its Copilot assistant for productivity, cybersecurity, coding

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption Read More »

Trump claims California’s  fast-food minimum wage hurts businesses. The truth is a lot more complicated

Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated

U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Summit likely referred to California’s

Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated Read More »

Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter. Paramount Skydance and its advisors had been weighing in recent days whether to submit a higher bid than its previous $23.50-per-share offer that WBD rejected, some

Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery Read More »

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