(*5*)

This is CNBC’s Morning Squawk publication. Subscribe here to obtain future editions in your inbox.
Here are 5 key things buyers want to know to begin the buying and selling day:
1. Powell’s energy
Federal Reserve Chair Jerome Powell hinted at the potential for rate of interest cuts throughout his much-anticipated speech in Jackson Hole, Wyoming, on Friday. Investors favored what they heard.
What to know:
- Stocks soared in Friday’s session, with the Dow Jones Industrial Average notching a new all-time high. Stock futures are down barely this morning. Follow live market updates here.
- Fed funds futures at the moment are pricing in a greater than 85% probability that the central financial institution cuts charges at its subsequent gathering in September, in accordance to CME’s FedWatch instrument. That’s up from lower than 65% a month in the past.
- Ether hit new all-time highs over the weekend for the first time since 2021, an indication buyers are favoring risk-on investments like cryptocurrency.
- Wall Street is awaiting second-quarter earnings from Nvidia, the well-known chipmaker that is been a face of the synthetic intelligence commerce. Those outcomes are anticipated on Wednesday.
2. American intel
Uncle Sam has taken a stake in Intel.
The U.S. authorities now owns 10% of the embattled chipmaker, Commerce Secretary Howard Lutnick stated Friday. The authorities bought 433.3 million shares at $20.47 every — lower than the present market value — in accordance to an Intel press launch.
The funding comes after CEO Lip-Bu Tan met with President Donald Trump in current weeks, and it represents the Trump administration’s increasing function in the personal sector. The authorities’s curiosity in Intel makes some sense: It’s the solely U.S. firm able to making superior chips domestically.
3. New mix
Keurig Green Mountain Inc. Okay-Cup espresso packs.
Getty Images
The newest merger and acquisition exercise considerations your morning cup of espresso. Keurig Dr Pepper will acquire Dutch espresso and tea firm JDE Peet’s, the companies stated early Monday morning.
Word of the $18-billion deal despatched shares of Keurig Dr Pepper — the proprietor of manufacturers comparable to Dr Pepper, 7Up and Snapple — sliding greater than 6% in Monday’s premarket. After the acquisition is full, Keurig Dr Pepper plans to break up its beverage and low arms into two separate corporations.
4. Hand-eye coordination
Mark Zuckerberg, CEO of Meta Platforms Inc., wears Orion augmented actuality glasses throughout the Meta Connect occasion in Menlo Park, California, on Sept. 25, 2024.
Bloomberg | Bloomberg | Getty Images
Last week, CNBC exclusively learned that Meta will use its annual convention subsequent month to unveil its good glasses.
The firm is predicted to launch its first consumer-ready glasses, which can function a digital show in the proper lens, at its two-day Connect convention, in accordance to two folks acquainted. The product has been internally codenamed Hypernova and can price round $800. Meta can even unveil a wristband that enables customers to management the glasses by means of hand gestures.
5. Now serving: recession fears
Could the latest recession indicator be a $6 gelato and espresso deal?
So-called “recession specials” — like that of Brooklyn espresso store Clever Blend — have been noticed throughout the nation, CNBC’s Lisa Kailai Han discovered. The U.S. shouldn’t be technically in a recession, however the offers underscore the traditionally weak shopper sentiment ranges reported in current financial information.
— CNBC’s Jeff Cox, Tanaya Macheel, Kif Leswing, Ruxandra Iordache, Salvador Rodriguez, Lora Kolodny, Jonathan Vanian and Lisa Kailai Han contributed to this report.