Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

Nvidia CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating.

Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit

IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.

OpenAI wraps $7 billion share sale ahead of potential IPO

OpenAI's tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.
CNBC

Nvidia lines up $500B in financing, partners with 6 Wall Street firms on lending platforms

CNBC's Melissa Lee reports on the latest news. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your ...
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Lower-income household drove spending growth in July, says BofA's Liz Everett Krisberg

Liz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s Consumer Checkpoint Report, which provides real-time consumer spending and financial health ...
CNBC

AG1 CEO Kat Cole on new product pipeline, supplement stacking and company growth outlook

Kat Cole, AG1 CEO, joins 'Squawk Box' to discuss the company's new products, America's appetite for supplements, company product pipeline, and more. Got a confidential news tip? We want to hear from ...
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Former Deputy Treasury Sec. Faulkender: 'CFIUS for AI' model should be used to review new AI models

Michael Faulkender, University of Maryland professor of finance and former Deputy Treasury Secretary, joins 'Squawk Box' to discuss why he believes it's time for the U.S. government to create a panel ...
CNBC

Investors should buy volatility when it's low and sell when it's high, says Joe Tigay

Joe Tigay, Equity Armor Fund portfolio manager, joins 'Squawk Box' to discuss Nvidia's $500 billion AI financing push, state of the AI boom, and more. Got a confidential news tip? We want to hear from ...
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Barclays says stay away from Gap shares. Here's why

The Gap is offering deep discounts across stores such as Old Navy and Banana Republic, which may weigh on its shares, according to Barclays. The bank downgraded the retail name to equal weight from ...

Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.

Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market.

U.S. judge ends graft case against Indian billionaire Gautam Adani

A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian ...
CNBC

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