OpenAI · China · Donald Trump · U.S. Treasury · CNBC Technology
The jobs report, Nike's China conundrum, Burger King's franchise bet and more in Morning Squawk
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
This is CNBC's Morning Squawk newsletter.
Key facts
- Meanwhile, Andy Markus, AT&T 's data and AI chief, said the telecom giant uses 45 billion AI tokens each day: "Even at that level, they're still getting a return on investment, but they have to control
- General Motors said its year-over-year sales declined 5.5% in the third quarter, reporting under 671,000 new vehicles sold in the period as sales of its all-electric vehicles plunged across the board
- When all is said and done, Burger King is looking to have around 300 company-owned restaurants in the U.S., with the more than 6,000 others owned by franchisees
- The average marriage in the U.S. is 8.2," Burger King U.S. President Tom Curtis said
Summary
If you missed it yesterday: More than 60 million children were automatically enrolled in Trump Accounts after the Treasury Department proposed the change earlier this week. Here are five key things investors need to know to start the trading day:. It's "jobs day," and Wall Street is expecting September's nonfarm payrolls report to show another month of job growth. Economists expect the report to show 84,000 jobs added last month and the unemployment rate to hold steady at 4.1%. As CNBC's Jeff Cox writes, Federal Reserve officials have cited the labor market's stability as reason not to rush toward another rate hike, even as inflation remains elevated.