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Disney’s next CEO, Chipotle’s traffic problem, government shutdown ends and more in Morning Squawk
Technology

Disney’s next CEO, Chipotle’s traffic problem, government shutdown ends and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. In addition to Disney’s Josh D’Amaro, there was another top dog announced yesterday: Penny the Doberman pinscher won best in show at the Westminster Kennel Club Dog Show. Stock futures are ticking higher this morning. The market is coming off […]

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Sen. Warren, others urge FTC, DOJ to scrutinize tech AI ‘acquihire’ deals for antitrust violations
Technology

Sen. Warren, others urge FTC, DOJ to scrutinize tech AI ‘acquihire’ deals for antitrust violations

Sen. Elizabeth Warren speaks, alongside Sen. Ron Wyden, to press in the Capitol, Feb. 3, 2025. Kayla Bartkowski | Getty Images Sens. Elizabeth Warren, Ron Wyden and Richard Blumenthal called on federal agencies to scrutinize AI deals from Nvidia, Meta and Google for potential antitrust violations, in a letter shared with CNBC. The three Democrats […]

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AMD is down 9% after reporting earnings. Here’s why
World

AMD is down 9% after reporting earnings. Here’s why

Chipmaker Advanced Micro Devices (AMD) dropped 9% in early market premarket trading on Wednesday after its first-quarter forecast fell short of some analyst expectations. AMD reported revenue of $10.27 billion for the fourth quarter that topped LSEG consensus estimates of $9.67 billion on Tuesday. The company said it expects $9.8 billion in revenue for the […]

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CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth
Technology

CNBC Daily Open: UBS posts strong earnings while Novo Nordisk’s U.S. shares crater on slowing growth

Sergio Ermotti, CEO of UBS, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC UBS fourth-quarter profit rose 56% year on year to $1.2 billion, beating expectations. The Swiss bank on Wednesday also announced plans for a $3 billion share buyback in 2026 […]

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Gold extends gains, breaking past ,000; Asia stocks mostly track Wall Street losses on tech pullback
World

Gold extends gains, breaking past $5,000; Asia stocks mostly track Wall Street losses on tech pullback

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets mostly fell Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentiment, while gold extended gains for a second day. Japan’s Nikkei 225 lost 1.2%, dragged by tech […]

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CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Technology

CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings on Tuesday after the bell. The chipmaker beat Wall Street’s revenue and profit estimates, but shares plunged more […]

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S&P 500 futures are little changed after tech sell-off drags down major averages: Live updates
World

S&P 500 futures are little changed after tech sell-off drags down major averages: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Futures tied to the S&P 500 were near the flatline Tuesday night after traders’ rotation out of tech names dragged the broad market index to a losing […]

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Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Technology

Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other

Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman appeared together on CNBC in September to announce a mammoth $100 billion deal that was poised to usher in a new chapter for the booming artificial intelligence industry. Five months later, no contract […]

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Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says
Technology

Intel is moving into GPUs and has hired a chief architect, CEO Lip-Bu Tan says

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel CEO Lip-Bu Tan said Tuesday that the chipmaker has appointed a new chief architect to build out graphics processing units, or GPUs. […]

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Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’
Technology

Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’

President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters Nvidia CEO Jensen Huang said the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewing tension between the two sides. “There’s no drama involved. […]

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