This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Remember that Ring Super Bowl commercial, the one about finding the lost dog? Turns out it didn’t quite have the effect the Amazon-owned doorbell company was hoping for. Stock futures are down this morning, following a negative session for all…
Bob Pockrass FOX Motorsports Insider Daniel Suarez won’t return to Trackhouse Racing next season, making him the most notable free agent looking for a 2026 ride. Suarez and the team made the announcement Tuesday afternoon. There was no announcement of a replacement, but Trackhouse development driver Connor Zilisch is expected to replace Suarez. Zilisch is…
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed…
Michael Jordan and Kobe Bryant are making history again. A card featuring the two basketball icons sold for a record $12.932 million on Sunday. The 2007-08 Upper Deck Exquisite Collection dual Logoman autographed patch card is now the most expensive sports card of all time. The card is unique in that it is the only…
Congrats, Kyle Larson, on the 2025 NASCAR Cup Series title. OK, so who is going to win in 2026? While that is still a long ways out, how about some way-to-early preseason power rankings? Here you go: 1. Kyle Larson Say what you want about Larson and how he won the title, the fact is…
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Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. President Donald Trump “likes a high stock market,” but he “believes that the high stock market is a result of good policies,” Bessent said in an exclusive interview at CNBC’s Invest in America…
AstraZeneca posts better-than-expected second quarter results A view of the AstraZeneca office in Mölndal, Sweden, on September 12, 2024. Nurphoto | Getty Images AstraZeneca on Tuesday posted better-than-expected second quarter earnings, driven by demand for key cancers and biopharmaceutical products, and reiterated its commitment to expanding the business in the U.S. The Anglo-Swedish pharma firm…
Walt Disney could see strong earnings growth if current macroeconomic trends continue, according to Morgan Stanley. Morgan Stanley raised its price target to $140 per share from $120 and kept its overweight rating. The firm’s forecast calls for about 20% upside from Friday’s close. “If the macro backdrop remains healthy, we see Disney generating healthy…
Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates compiled…
