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Nvidia earnings, Big Tech's White House visit, protein prices and more in Morning Squawk
CNBC· 2026-02-26 13:30
Group 1: AI and Technology Developments - Major technology firms, including Amazon, Meta, and OpenAI, are set to sign a pledge at the White House to provide their own power for AI data centers [2] - Netflix CEO Ted Sarandos is in discussions regarding the acquisition of Warner Bros. Discovery, following political pressure related to board member Susan Rice [3] Group 2: Market and Economic Insights - Samsung has launched new flagship smartphones, with the S26 and S26+ models priced $100 higher than their predecessors, amid a global memory chip shortage [8][9] - Egg prices have sharply declined due to easing impacts from a bird flu outbreak, while prices for boneless chicken breast and ground beef have risen since January of last year [10][11] Group 3: Resignations and Controversies - Larry Summers announced his resignation from Harvard University amid a review of his connections to Jeffrey Epstein [4] - Dr. Richard Axel also resigned from his role at Columbia University, citing his past association with Epstein as a serious error in judgment [5] - Bill Gates addressed his relationship with Epstein, stating he did nothing illicit during their interactions [6]