GoKawiilThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. As we remember Dolly Parton's legacy, I've particularly enjoyed learning more about her Imagination Library in Cincinnati. Nasdaq-100 futures are higher this morning. The market is coming off a muted day. Here are five key things investors need to know to start the trading day:
1. Processing the report
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the Nvidia GTC conference in San Jose, California, US, on Wednesday, March 18, 2026. David Paul Morris | Bloomberg | Getty Images
2. Closed book?
The Facebook app product page is seen on the Apple App Store, showing a 4.5-star rating from 1.3 million reviews, displayed on a smartphone held in an unidentified person's hand in this photo illustration taken on July 22, 2026, in the United States. Matteo Della Torre | Nurphoto | Getty Images
Meta on Wednesday settled a major case with a group of state attorneys general who alleged that the social media giant misrepresented child-related mental health harms tied to its platforms. The Facebook parent agreed to pay $16.7 billion under the agreement, which was approved by the court later yesterday afternoon. Beyond financial concessions, Meta must also make changes to its apps including adding daily usage limits and nighttime blocks for teenagers, and introducing new tools for parents and guardians. But as CNBC's Jonathan Vanian writes, the settlement isn't the end of Meta's legal woes. "It is not preemptive in any way," California Attorney General Rob Bonta said Wednesday, calling the settlement "a floor conceptually, not a ceiling." Bonta, who co-led the suit, will join CNBC's "Squawk on the Street" at 10 a.m. ET today. Watch live on CNBC or CNBC+.
3. Opening up
Dado Ruvic | Reuters
OpenAI is sharing more details about how its AI models breached Hugging Face last month, what OpenAI has called an "unprecedented cyber incident." In its 37-page report, the AI company documented how its models navigated a series of evaluations before and during the incident. OpenAI also said it's focused on improving its security and containment, monitoring, model behavior and incident response in hopes of preventing a similar situation in the future. Meanwhile, Nvidia reportedly agreed to buy Hugging Face — the open-source platform hacked by OpenAI's agents — for $12.9 billion. Such a deal would extend the chipmaker's reach into open-source models and software. Neither company confirmed the report.
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