U.S.-Iran talks, OpenAI's Hugging Face hack, Best Buy's new CEO and more in Morning Squawk
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This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I spent the weekend mostly outdoors at the Lollapalooza music festival in Chicago, but many others headed inside to catch the latest summer blockbuster. Stock futures are climbing this morning. The three major indexes are coming off a winning week. Here are five key things investors need to know to start the trading day: Markets last week capped a mixed July defined by mega-cap earnings reports, a Federal Reserve decision and reescalation in the Iran war. Now, investors are now looking ahead to Friday's jobs data and the next batch of corporate earnings. Here's what to know: The risk of artificial intelligence expediting cyber attacks felt like a far-off threat. That changed last week. As CNBC's Samantha Subin reports, the OpenAI agent hack on Hugging Face demonstrated that the era of AI-agent-led hacks is already here. Cybersecurity experts are also particularly concerned by the evidence that AI agents will use extreme and unexpected measures to complete their tasks. As Zscaler information security chief Sam Curry put it: "Pandora's box is open." Don't miss Hugging Face CEO Clément Delangue on CNBC's "Squawk on the Street" at 11 a.m. ET. Watch live on CNBC or CNBC+. Two years ago, Leopold Aschenbrenner's 165-page essay made him the talk of Silicon Valley and Wall...
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Incoming CEO Jason Bonfig wants the retailer to go smaller.
