This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Fresh off his feature in Salesforce's Super Bowl ad, MrBeast is getting into banking. The YouTuber, whose real name is Jimmy Donaldson, said Monday that his company Beast Industries acquired the financial services app Step. Stock futures are little changed this morning after all three major averages posted gains to start the week. Here are five key things investors need to know to start the trading day:
1. Tech-tonic moves
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images
2. Mixed drink
Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images
Shares of Coca-Cola are lower this morning after the beverage company reported mixed results for its fourth quarter. Adjusted earnings per share were better than expected for the period, but adjusted revenue came in at $11.82 billion — short of the $12.03 billion Wall Street was expecting. Coca-Cola said it projects 4% to 5% organic revenue growth in 2026. The company, like rival Pepsi , has seen weakening demand for its offerings as shoppers try to save more at the grocery store.
3. Risk and reward
Google CEO Sundar Pichai addresses the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | AFP | Getty Images
Alphabet is preparing to spend big on artificial intelligence. At the same time, the Google parent is acknowledging the risks. In its annual financial report last week, the company warned — for the first time — that greater use of generative AI by consumers could change its core advertising business. As CNBC's Jennifer Elias reports, Alphabet also noted risks tied to its sizable AI infrastructure investments. The tech giant plans to raise $20 billion from a U.S. dollar bond sale to fund its AI build-out, according to people familiar with the matter. Alphabet said in its earnings report last week that its capital expenditures in 2026 could more than double those of 2025.
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