9AM HOUR: AI-Fueled Nasdaq Records, Meta's "Muse" Momentum, McDonald's CEO Exclusive 9/23/26
Summary
This episode of Squawk on the Street analyzes the AI-driven market rally, focusing on Meta's new "Muse" agent and its potential to disrupt consumer and travel stocks. Hosts discuss the economic implications of falling token prices, the Jevons paradox, and the ongoing debate over AI safety and regulation. The segment also covers a significant spike in preliminary PMI data that pushed 10-year Treasury yields above 5%, alongside a report on rising diesel costs affecting US farmers. Finally, the show addresses an activist campaign urging Devon Energy to explore a sale and McDonald's investor da…
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