Author: franperez66q@protonmail.com

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. While consumer sentiment is near record lows, at least one group appears to be feeling better about their jobs: shift workers.Stock futures are mixed this morning after a winning day on Wall Street.Here are five key things investors need to know to start the trading day:1. Heat waveTraders work at the New York Stock Exchange on June 29, 2026. NYSE2. Red cliffThe iconic Nike swoosh design is displayed in a window of the athletic company’s new store on Broadway in Manhattan on April 24, 2026 in…

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CNBC’s Jim Cramer said investors who feel they’ve missed this year’s biggest winners should be thankful for Wednesday’s market rotation. “You are getting a chance to sell the losers at a premium and switch to winners at a discount,” the “Mad Money” host said Wednesday. “So often in this market, you look back and kick yourself that you didn’t take advantage of the breaks in the strongest stocks out there. This is one of those breaks. Don’t blow it.”On the first day of the new quarter, investors rotated out of many of this year’s biggest winners — including AI infrastructure…

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T-Mobile is asking a New York court to rule that Broadcom was contractually obligated to continue supporting its VMware perpetual licenses. In its complaint, T-Mobile said it has tens of thousands of virtual machines using VMware software across approximately 303,140 CPU cores. It also said that it was migrating off VMware but noted the time-consuming and technical challenges involved in migrating over 1,000 applications. It filed its lawsuit, which was first reported by The Register today, in the Supreme Court of the State of New York in August 2025 (PDF). The mobile company claimed that in 2023, it bought perpetual…

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U.S. President Donald Trump makes an announcement on 2026 FIFA World Cup, while U.S. Vice President JD Vance looks on, as FIFA president Gianni Infantino and U.S. Homeland Security Secretary Kristi Noem stand behind the FIFA World Cup Trophy, in the Oval Office at the White House in Washington, D.C., U.S., August 22, 2025.Jonathan Ernst | ReutersAs the U.S. men’s national soccer team heads into its first World Cup knockout match Wednesday night, President Donald Trump’s newly released 2025 financial disclosure is putting new focus on his close relationship with FIFA President Gianni Infantino.The disclosure shows Infantino gave Trump 10…

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Igor Golovniov | Lightrocket | Getty ImagesA day after closing out a blockbuster three months on Wall Street, high-flying chip stocks suffered steep declines to open the third quarter. Memory maker Micron dropped 11%, wiping out $138 billion of market cap. Intel fell 9% and rival chipmaker Advanced Micro Devices dropped 7%. Those three stocks boomed in the second quarter, adding $2 trillion in combined value, as investors wagered that the artificial intelligence buildout would require an ever-increasing amount of memory as well as more central processors, rather than just the graphics processors made by Nvidia. The VanEck Semiconductor ETF (SMH),…

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Members representing a majority of the Senedd defended the Welsh government’s Nation of Sanctuary policy in a heated debate on Wednesday.Reform’s Welsh leader Dan Thomas told the Welsh Parliament that the scheme, aimed at helping asylum seekers and refugees integrate, “puts illegal arrivals ahead of the queue”.But politicians from Plaid Cymru, Labour, the Greens and the Welsh Lib Dems rejected the criticism. Plaid Deputy First Minister Sioned Williams accused Reform of being “historically illiterate”.Reform lost a vote calling for the policy to be scrapped – with 52 votes against, and 38 for.While the debate was passionate on both sides, it…

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