This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. If you’re looking for someone to blame for the rising cost of your Netflix subscription, you might take a look at Wall Street. CNBC’s Sarah Whitten and Lillian Rizzo explain how investors’ focus on profitability is prompting streamers to hike…
Buckle up. It’s a jam-packed week ahead, with a host of influential companies set to report alongside a Federal Reserve meeting — and, if that wasn’t enough, there’s fresh inflation and jobs data, too. On top of all that, we’ll keep a close eye on any trade deal headlines ahead of the Aug. 1 deadline…
Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, June 5, 2023. Bloomberg | Bloomberg | Getty Images Nvidia on Monday unveiled plans to test a robotaxi service with a partner as soon as 2027, highlighting the chipmaker’s ambition…
Michael Cohen College Football and College Basketball Writer In what was an epic weekend of college football across the country, the Big Ten certainly did its part in contributing to the drama. Five of the conference’s six games were decided by six points or fewer on Saturday. The two matchups between ranked opponents — No….
Kevin Harvick is ready to sound the alarm for 23XI Racing and its two top drivers following Wednesday’s qualifying round for NASCAR’s Daytona 500 on Sunday (2:30 p.m. ET on FOX). In Thursday’s live episode of “Kevin Harvick’s Happy Hour” at Daytona International Speedway, Harvick said he was “really concerned” about 23XI Racing after how…
Everyone loves new soccer kits – and all 30 teams across Major League Soccer recently released some pretty sharp ones. Some honor musical tradition (like St. Louis City SC’s homage to Tina Turner, the San Jose Earthquakes’ tribute to the Grateful Dead, or Sporting Kansas City’s take on the legendary 18th & Vine jazz district)….
After taking a few years off from trading valuable draft capital for star players, the Los Angeles Rams are back at it again. The Rams will reportedly trade their first-round pick (No. 29 overall) in the 2026 NFL Draft for Kansas City Chiefs cornerback Trent McDuffie. They’ll also surrender a fifth-round pick and a sixth-round…
U.S. President Donald Trump speaks to the media, after the U.S. Supreme Court dealt a blow to the power of federal judges by restricting their ability to grant broad legal relief in cases as the justices acted in a legal fight over President Donald Trump’s bid to limit birthright citizenship, in the Press Briefing Room…
Walmart‘s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre. The big-box retailer lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. Walmart ended Thursday as the Dow’s biggest loser. “It was about as good of a quarter as any retailer could have in any environment,” he said on…
The United Arab Emirates announced Tuesday that it will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world’s largest oil producers. The UAE’s shock announcement comes after the Gulf state was the target of missile and drone attacks for weeks by fellow OPEC member…
