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Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk

Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk

Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | 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. Amazon’s cull […]

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Google investors have big expectations after stock’s sharpest quarterly rally in 20 years

Google investors have big expectations after stock’s sharpest quarterly rally in 20 years

Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters Alphabet has a high bar to clear when it reports earnings Wednesday. The company’s stock price soared 38% in the third quarter, its best quarterly

Google investors have big expectations after stock’s sharpest quarterly rally in 20 years Read More »

Elon Musk’s AI-powered Wikipedia competitor goes live after a rocky launch

Elon Musk’s AI-powered Wikipedia competitor goes live after a rocky launch

Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk launched an early version of an AI-powered encyclopedia called ‘Grokipedia’ on Monday, with its website temporarily crashing before coming back online hours later.  The new AI service, named after xAI’s large language model Grok, has been promoted by Musk as an improved and less biased version

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Google and NextEra to revive major Iowa nuclear facility as AI energy demand surges

Google and NextEra to revive major Iowa nuclear facility as AI energy demand surges

Stock photo of a nuclear power plant. Larry Lee Photography | Corbis | Getty Images Google and American electrical utility giant NextEra Energy announced a partnership Monday to revive Iowa’s only nuclear power plant to meet growing low-carbon energy demand from artificial intelligence The Duane Arnold Energy Center, which closed in 2020, could begin operating

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Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 15%

Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 15%

Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors. The stock soared 15% following the news. The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices,

Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 15% Read More »

Trump’s trade deals, Novartis acquires Avidity, Taco Bell’s beverage push and more in Morning Squawk

Trump’s trade deals, Novartis acquires Avidity, Taco Bell’s beverage push and more in Morning Squawk

U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025. Andrew Caballero-reynolds | Afp | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key

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Tesla risks losing CEO Musk if  trillion pay package isn’t approved, board chair says

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla Board Chair Robyn Denholm, in a letter Monday, asked shareholders to vote for CEO Elon Musk’s nearly $1 trillion pay package ahead of the company’s annual meeting. Denholm said Musk was key to

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says Read More »

American Airlines is arriving late to the luxury travel boom. Can it catch up?

American Airlines is arriving late to the luxury travel boom. Can it catch up?

An American Airlines Airbus A321 taxis at San Diego International Airport as a United Airlines airplane departs on August 24, 2024 in San Diego, California. Kevin Carter | Getty Images News | Getty Images FORT WORTH, Texas — American Airlines started pouring customers Champagne Bollinger in its top-tier lounges and cabins this fall. But at

American Airlines is arriving late to the luxury travel boom. Can it catch up? Read More »

One in three Manhattan condo owners lost money when they sold in the last year

One in three Manhattan condo owners lost money when they sold in the last year

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of

One in three Manhattan condo owners lost money when they sold in the last year Read More »

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