OpenAI · Donald Trump · U.S. Treasury · Nvidia · Federal Reserve (FED) · CNBC Technology
The Treasury's debt buyback, Walmart earnings, Boise's AI boom and more in Morning Squawk
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Key facts
- CFO John David Rainey told CNBC that the company is less than $100 million away from receiving the $2.9 billion tariff refund for which it was eligible
- Bad news for California's truckers: Diesel prices in the Golden State hit $7 a gallon again
- The 30-year U.S. Treasury yield plunged more than 10 basis points after the Treasury Department announced yesterday that it would take the unusual step of at least doubling the size of its government
- As CNBC's Kate Rooney and Ashley Capoot report, Friar said at an all-hands meeting that OpenAI "will be a public company in 2027." She said the debut could come earlier than that if "their business
Summary
Valentine's Day is still six months away, but as CNBC's Kai Nicol-Schwarz reports, Nvidia is already playing matchmaker. Stock futures are lower this morning after a positive session for all three major indexes. Here are five key things investors need to know to start the trading day:. The 30-year U.S. Treasury yield plunged more than 10 basis points after the Treasury Department announced yesterday that it would take the unusual step of at least doubling the size of its government debt repurchases. As CNBC's Steve Liesman and Matt Peterson write, the Treasury's efforts to soothe bond traders could result in inflationary flare-ups, which would be bad news for the Federal Reserve.