Tesla earnings, Amazon layoffs, Kevin Warsh's favorite phrases and more in Morning Squawk
Stock futures fell as Alphabet and Tesla shares dropped despite revenue beats, with investors concerned over AI spending. Oil prices rose nearly 5% due to attacks on tankers off Saudi Arabia. The House passed the Stop Insider Trading Act, banning congressional stock purchases. EU approved the Paramount-Warner Bros. Discovery merger, while Amazon laid off workers in its generative AI unit.
Here are five key things investors need to know to start the trading day.