The 5 things you need to know before the stock market opens today: Nvidia shares are under pressure after reports Alibaba is developing a competing AI chip, Alibaba’s Hong Kong shares jumped nearly 20 percent on strong cloud growth, OpenAI is exploring partners to build a massive data center in India, Vogue editor Anna Wintour has chosen her successor, and the Powerball jackpot has climbed to $1.3 billion. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.

McDonald’s CEO Chris Kempczinski 9/2/25

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.