Here is the question of the morning. Are AI layoffs real or are they a scapegoat for what's going on uh in the employment picture in this country. Christina Partzine joins us now with that story.Good morning. >> Good morning, Andrew. Well, Amazon, Cheg, Microsoft, Meta, Salesforce, the list continues.Tech companies just are cutting tens of thousands of jobs and some of them some of them are blaming AI. But at Nvidia's GTC in DC yesterday, top CEOs were telling us something completely different about what's ...

Let's take a look at shares of Boeing. The company reported results a short time ago this morning. It is now down by about one and a quarter percent.The company taking a near5 billion hit on its 777X program. A delay in terms of delivering the first aircraft. Joining us right now is Christine Lag.She is Morgan Stanley's senior aerospace and defense equity analyst. And Chris Christine, a lot of moving pieces with these earnings. Um some things to really feel good about.They were free free cash flow positive ...

We're now 29 days into the government shutdown. And join us now for the latest, Senator Ted Cruz uh of Texas, who serves as the chairman of the Commerce Committee. He recently introduced a Keep America Flying Act, which would pay air traffic controllers and TSA workers uh during the government shutdown.Yesterday was their first day of receiving zero pay since the shutdown began. We're living in um and it's good to see you, Senator. Thanks.and and it's starting to bite and and these there going to be some re ...

Gary Cohn, IBM vice chair and former NEC director, joins 'Squawk Box' to discuss the state of the economy, the bifurcation of the economy, corporate earnings, state of the labor market, impact of the AI boom, state of the ongoing federal government shutdown, his thoughts on the NYC mayoral race, and more. ...

Glenn Fogel, Booking Holdings CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of travel, impact of AI, and more. ...

shares of Alphabet with some solid gains over the past three months. The company reporting its latest results after the close today. Our Mackenzie Sagalos has the number one number that investors need to watch.>> As Alphabet prepares to report after the bell, the company is writing two very different AI storylines. So, one is driving momentum in cloud where Google's gaining ground. And then the other is testing the durability of search, still its most important business and the one most exposed to disruptio ...

Financial Performance - Boeing reported a wider than expected loss of $747 per share for Q3, compared to street estimates of $459 per share [1] - Revenue exceeded expectations at $27 billion, a 2327% increase [2] - Operating cash flow improved to $112 billion, compared to negative $135 billion a year ago [2] - Boeing reported positive free cash flow of $236 million for the first time since Q4 2023, a significant improvement from negative $196 billion in Q3 2024 [3] - Boeing commercial airplanes reported a loss of $535 billion, compared to a loss of $4 billion last year [4] - The defense division posted a profit of $114 million, a swing from a loss last year [4] Program Updates & Outlook - Boeing is taking a $49 billion charge for its 77X program due to certification delays [4] - The entry into service for the 77X is officially delayed until 2027 [4][5] - Certifications for the 737 Max -7 and -10 derivatives are expected next year [5]

Philip 66 out with quarterly results. Earnings came in at $2.50% a 52 cents a share. That was much better than the $2.17% that the street had been expecting.Company operating at 99% capacity utilization and refining during the quarter and it generated $1.2% billion of net operating cash flow. Joining us right now to talk about the results is Mark Laser. He is Philip 66 chairman and CEO.And Mark, thanks for being here today. It looks like the stock is up by about half percent on this news. These numbers are ...

Amazon's 11 billion dollar AI data center in Indiana, one of the largest in the world is now live and our Mackenzie Sagalos got an exclusive inside look. She joins us right now with more. Hey McKenzie. Hey, good morning Becky.So in less than a year, Amazon turned Indiana corn fields into its biggest AI data center yet. It's also a major swing on its homegrown chips and speedtomarket infrastructure. Now, this compound was built exclusively for OpenAI rival Anthropic, which is now running its claw models on h ...

Mega cap tech names including Alphabet, Meta, and Microsoft. They are expected to report quarterly results after the bell. Joining us right now, Brad uh Erikson is the RBC Capital Markets internet service senior analyst.Good morning to you. So, we were talking earlier in this hour just about how it seems every time a company announces they're going to be spending more money to build data centers, more money uh in the world of AI that the stock goes up rather than down. Do you think that that is going to be ...