Squawk on the Street
9AM Hour: Tech After the Sell-Off, OpenAI-Broadcom AI Chip Unveil, WTI Crude Falls Below $70 6/24/26
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Show notes
Carl Quintanilla, David Faber and Leslie Picker explored what's ahead for the tech sector in wake of Tuesday's sell-off — and ahead of Micron's earnings due out after Wednesday's close of trading. The anchors also discussed OpenAl and Broadcom unveiling their new custom AI chip, called "Jalapeño." Brian Sullivan joined the anchors at Post 9 to discuss WTI crude falling below $70/barrel for the first time since the early stages of the Iran war. Seema Mody delivered a live report from inside GE Vernova's turbine factory — as the company looks to meet hyperscalers' demand for AI power. Also in focus: Cerebras tumbles on its first earnings report since going public, Alphabet to replace Verizon in the Dow, FedEx earnings reaction, what Treasury Secretary Bessent told CNBC about economic growth.
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