Cameo, a personalized celebrity video marketplace, is the latest company to sue OpenAI. Cameo accusing the Chat GPT maker of launching a similar Sora 2 feature, also named Cameo, saying the offering infringes on its trademark. We've reached out to OpenAI and it said it had no comment.But the Verge says a company spokesman told them, quote, "We disagree with these claims and that no one can claim exclusive ownership over the word Cameo." Joining us now to discuss is Cameo CEO Steven Galanis. Stephen, I guess ...

Financial Performance - Alphabet's first $100 billion quarter with acceleration across every major business line [1] - Search up 14%, YouTube ads rose 15%, and Google Cloud jumped 34% year-over-year [2] - Stock up 38% over Q3, its biggest gain in 20 years [8] - Stock up 52% year-to-date, now approaching a $3.5 trillion market value [9] AI Strategy and Growth - CEO Sundar Pachai credited the beat to Alphabet's full stack AI strategy [2] - AI mode now has 75 million daily active users in the US with usage doubling over the quarter [3] - Gemini has 650 million monthly active users [3] - Google is testing ads inside AI mode [3] Cloud Business - Google Cloud's backlog surged to $155 billion, up nearly 80% from a year ago [3][4] - The number of billion-dollar cloud deals this year already exceeds the past two years combined [4] - Newly announced contract with Anthropic worth tens of billions of dollars [4] - Big wins with Meta, OpenAI, and others continue to validate Google's custom silicon approach [5] Capital Expenditure - Google is raising its full-year capex guidance to as much as $93 billion [5] - CFO flagging an even bigger step up coming in 2026 [5] - Alphabet Capex now $91 to $93 billion in 2025 and a significant increase next year [6]

Are you concerned at all about the integrity of the sport now that sports betting is so widespread. >> Concern is a very deep word. It's a very strong word.I think some things need to be figured out because what's happening is it's starting to put a lot of pressure on the athlete and and it you know athletes are they they may say hey we don't care about Paul's we don't but they care about it because it it affects them. it they you know mentally it affects them and you know they don't want to they don't want ...

Market Overview & Fed Policy - A 25 basis point rate cut by the Fed is generally beneficial for the credit market [1] - The market is uncertain about future rate cuts beyond the current one [2] - Tariffs initially caused inventory pre-buying, delaying the impact on prices, but Q3 is when the impact is expected to be felt [3][4] Credit Market Conditions - Credit spreads are currently tight [4] - High yield market quality is at its best in a decade, with the highest percentage of double B and lowest percentage of triple C ratings in over 10 years [5] - Current tight spreads are considered reasonable given the current risk levels [6] Investment Strategy & Economic Outlook - Equity market valuations require significant growth, while credit offers contractual returns, making credit potentially more attractive in a slowing economy [6][7] - Contractual returns in credit are yielding approximately 7% to 8% [7] - Signs of a slowdown include consumer spending trends, particularly among low-end consumers, and rising credit card delinquencies [8][9] - The market is heading into a credit picker's market, where the ability to select good credits will be crucial [10][11] - Core high yield and loan credit below investment grade are in a relatively good position with low leverage and good liquidity [11]

So, let's get more on Alphabet and Meta's Q3 results. Bring in Eric Sheridan. He's Goldman Sachs's co-head of tech media, telecom research, has a buy rating on both companies.Eric, let's start with Meta because uh the stock is getting hit pretty hard today on those capex numbers. You know, are you surprised and what do you make of it all. >> I'm not surprised by the initial reaction.I think this market right now is putting a premium on visibility into return uh on capital spend. So similar to the point you ...

Joining us now to break down the winners and the losers or what we know and what we don't from these negotiations, former assistant US trade representative for China affairs, Jeff Moon. Jeff, it's great to have you here. I mean, look, there seems to be a lot of things that were said, but also a lot of details that are left unsaid.Trump is saying the meeting was amazing. When I look at this, it looks like maybe we're just back to around where we were in August for some of these things. rare earths I get is a ...

This climate resilient triple condo wasn't built on this Boston street. And it wasn't built just by humans. It was built in a nearby microactory using robotics.Boston-based startup Reframe Systems is starting small with a big idea. >> You actually need to invent a new manufacturing system where you can produce different types of homes that meet unique site conditions like the one behind me, but also be able to produce these with really low fixed cost. Enti and his co-founders were former leaders at Amazon R ...

and Roblox is sharply lower today after reporting third quarter results beat on the top and bottom line but warning that operating margins could decline next year. Joining us in a first on CNBC interview to break down the quarter is Roblox co-founder and CEO David Bazooki. David, thank you so much for joining us.I would love for you to give us a little more context about the operating margin. It does seem like that's what investors and analysts are a little hung up on. Why is that going to decline year-over ...

Let's bring in uh Randall Crosner, former Federal Reserve Board Governor, University of Chicago Booth School of Business Professor. Uh Randy, it's good to good to have you here. And uh it it was an interesting uh press conference obviously and it I think maybe has to be viewed through the filter of okay, we have no dot plot, so that's not going to speak for the the committee's outlook.Um Fed chair often wants to preserve some optionality, you know, make sure you're not locked into some kind of outcome in si ...

Potential labor shortage threatens the speed at which new capacity can be brought online. Kate Rogers is in San Francisco and she has that story for us this morning. Kate, >> hi again.David, it seems like we're getting a data center announcement weekly at this point in the frenzy to help feed the need for AI demand. But as you mentioned, there's a glaring bottleneck here that predates the artificial intelligence boom, and that's labor. In manufacturing, construction, and electrical trades, there's an ongoin ...