Facing Off Inflation; The Next Variant; Buckling Up for Booze

Facing Off Inflation; The Next Variant; Buckl...

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Nvidia Buys Hugging Face 9/3/26

Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker and world’s most valuable company moves into a future beyond hardware. The CEOs of both companies, Nvidia’s Jensen Huang and Hugging Face’s Clement De ...  Show more

Berkshire Hathaway CEO Greg Abel & Sec. Lutnick Blames Canada 9/2/26

Berkshire Hathaway’s new CEO Greg Abel is in Tokyo, where he’s discussing the firm’s stakes in Japanese trading houses. Abel also discusses Berkshire’s Alphabet stake, a portfolio shift spearheaded by Warren Buffett. Then, U.S. Commerce Secretary Howard Lutnick joins the show fro ...  Show more

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Squawk on the Street

The morning after the Dow and S&P 500 posted record closing highs, Carl Quintanilla, Jim Cramer and David Faber led of the show with new wholesale inflation data: Producer prices for July coming in hotter than expected, rising one percent from the previous month and up 7.8-percen ...  Show more

Fed deja vu: Powell calls tariff inflation transitory
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The Fed chief  Show more

Tech rally saves the day, ECB meets today
Moving Markets

US inflation unexpectedly rose in August, with core inflation up 0.3% month-on-month and 3.2% year-on-year. The data suggests that the Fed will cut rates next week by 25bps rather than 50bps. Markets initially reacted negatively, but US equities later rallied strongly, led by ...

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Richmond Fed President Tom Barkin On Getting Inflation Under Control
Odd Lots

At the end of 2023, there was a lot of optimism that the US economy was on that glide path to a soft landing. But at least in the first quarter of this year, inflation has come in hotter than expected. So is this just a speedbump on the way back down to 2%? Or is this a new traje ...  Show more