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Big bank earnings, Broadcom's OpenAI chip deal, record-high car prices and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
California just passed new AI and social media laws. Here's what they mean for Big Tech
California Gov. Gavin Newsom signed a series of bills Monday targeting child online safety as concerns over AI and social media use keep mounting.
Salesforce's Agentforce software is coming to OpenAI's ChatGPT later this year
Companies that work with OpenAI and Salesforce will soon be able to sell products through ChatGPT's instant checkout feature.
Instagram rolls out PG-13 content guidelines for teenage users
Meta will now limit the content that teenage users can see on Instagram to what they would typically encounter in a movie rated PG-13, the social media company said Tuesday.
OpenAI's hyperscaler ambitions are being put to the test with its latest megadeals
OpenAI is building a full AI ecosystem, as Apple did for smartphones and Microsoft did for PCs.
Google to invest $15 billion to build data center hub in India; largest outside of the U.S.
Google plans to invest $15 billion to build artificial intelligence data center capacity in Southern India, Google Cloud CEO Thomas Kurian said.
CNBC Daily Open: There's a hopeful mood in the Middle East and the markets
Trump, when asked by reporters if the war in the Middle East has ended, gave an unequivocal "yes," Reuters reported.
Amazon fires employee who was suspended for protesting company's work with Israel
Ahmed Shahrour, a Palestinian engineer who worked for Amazon's Whole Foods business, was fired on Monday after being suspended last month.
Broadcom CEO says generative AI will become a much larger part of global GDP
Broadcom CEO Hock Tan discusses how AI contributes to the global GDP.
Musk calls for federal troops in San Francisco even as Benioff softens stance
With Dreamforce about to kick off in San Francisco, Salesforce CEO Marc Benioff inserted himself into a national debate about crime in U.S. cities.
Quantum stocks surge after JPMorgan investing push into strategic tech
JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum computing.
Oracle CEO Magouyrk: 'Of course' OpenAI can pay $60 billion per year for cloud infrastructure
In July, OpenAI signed a five-year cloud deal with Oracle, which is confident that the startup will be able to pay its bills.
How Broadcom's big OpenAI deal fits into the data center boom and what it means for the AI trade
Kicking off the week with a bang, OpenAI announced another massive data center buildout partnership.
Meta shares have been stuck. Here's why one analyst just got more optimistic
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Wall Street divided: Jim Cramer sees 3 distinct stock markets at work right now
Monday's rebound on Wall Street is a "do-over" from Friday's sell-off, CNBC's Jim Cramer said.
Broadcom's chip president says mystery $10 billion customer isn't OpenAI
Analysts predicted that AI startup OpenAI was the unnamed customer.
Broadcom stock pops 7% on OpenAI custom chip deal, adding to Nvidia and AMD agreements
OpenAI is teaming up with Broadcom to jointly develop and deploy 10 gigawatts of custom AI accelerators starting in 2026.
Citi targets 2026 launch for crypto custody service as Wall Street dives deeper into digital assets
A more favorable regulatory environment in the U.S. has prompted American banks to offer more services to do with digital assets.
Salesforce adds voice calling to Agentforce AI customer service software
Customers of Agentforce Voice can specify the pronunciation of terms and customize the tone of voice for artificial intelligence agents.
Xiaomi shares see biggest drop since April after fatal EV crash sparks safety concerns
Chinese tech giant Xiaomi saw its shares fall over 7%, following reports that the doors of one of its EVs failed to open after a fiery crash in China.
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