Weak jobs data, Salesforce earnings, GM's 'Silicon Valley cowboy' and more in Morning Squawk

Group 1 - Private payroll data indicated a decline of 32,000 jobs in November, contrary to economists' expectations of a gain of 40,000, leading to a rally in the Dow Jones Industrial Average by over 400 points [5] - Traders are now pricing in a roughly 89% likelihood of an interest rate cut by the Federal Reserve, an increase from under 70% a month ago [5] - Layoff announcements this year have reached the highest level since 2020, signaling a slowdown in the labor market [5] Group 2 - Salesforce exceeded earnings per share expectations for Q3, resulting in a rise in shares, although quarterly revenue was slightly below Wall Street's consensus [2] - The company reported a 330% year-over-year increase in annualized revenue from its Agentforce AI software and set a revenue target of $60 billion for fiscal 2030 for Agentforce [3] Group 3 - Nvidia CEO Jensen Huang expressed concerns about the GAIN AI Act, stating it could be more detrimental to the U.S. than the AI Diffusion Act, while discussing chip export restrictions with lawmakers [4][5] - Huang criticized state-by-state AI regulation, arguing it could hinder industry progress and create national security issues [6] Group 4 - General Motors appointed Sterling Anderson as the new executive vice president and product chief, aiming for a faster rate of innovation and a unified approach to product lifecycle management [10][11] - The company benefits from the Trump administration's decision to cut tariffs on South Korea, as it is the second-largest new vehicle importer from the country [11] Group 5 - Delta Air Lines reported an approximate $200 million impact on pretax profit due to the government shutdown, affecting current-quarter earnings per share by 25 cents [12]