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Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk

Technology News

A trader works at the New York Stock Exchange on Nov. 3, 2025. NYSE 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. Shock value Stocks sold off yesterday amid investor concerns about the valuations of […]

Election results, McDonald’s earnings, AI valuation fears and more in Morning Squawk Read More »

AMD reports better-than-expected results but margin guidance only meets estimates

AMD reports better-than-expected results but margin guidance only meets estimates

Finance News

AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025. The leaders of some of the biggest technology and artificial intelligence companies will go to Congress on Thursday with a wish list of sorts that at its top has doing away with regulation they say

AMD reports better-than-expected results but margin guidance only meets estimates Read More »

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

Technology News

CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir‘s nearly 8% loss despite strong earnings results. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says Read More »

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants

Business News

Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025. Michael Nagle | Bloomberg | Getty Images Cava on Tuesday cut its full-year forecast for the second straight quarter as younger consumers visit its restaurants less frequently. “When you look at different

Cava cuts full-year forecast, in another warning sign for fast-casual restaurants Read More »

Rivian beats Wall Street’s Q3 expectation, maintains guidance

Rivian beats Wall Street’s Q3 expectation, maintains guidance

Business News

Rivian electric SUV parked outside brick showroom on a sunny day, San Francisco, California, August 19, 2025. Smith Collection/gado | Archive Photos | Getty Images DETROIT – Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported its second quarterly gross profit this year thanks to a joint venture with Volkswagen

Rivian beats Wall Street’s Q3 expectation, maintains guidance Read More »

Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private

Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private

Business News

Shares of Papa John’s sank nearly 20% on Tuesday following a report that Apollo Global has withdrawn its offer to take the pizza chain private. Reuters reported that the private equity firm backtracked on its bid, valued at $64 a share, about a week ago. The firm previously submitted an offer for Papa John’s alongside

Papa John’s sinks nearly 20% on report Apollo withdrew its offer to take chain private Read More »

Metsera says Novo Nordisk’s new up to billion bid for obesity drugmaker is ‘superior’ to revised Pfizer offer

Metsera says Novo Nordisk’s new up to $10 billion bid for obesity drugmaker is ‘superior’ to revised Pfizer offer

Business News

The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Metsera on Tuesday said Novo Nordisk‘s new

Metsera says Novo Nordisk’s new up to $10 billion bid for obesity drugmaker is ‘superior’ to revised Pfizer offer Read More »

Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI

Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI

Finance News

Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance

Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI Read More »

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