Musk loses in court, Home Depot earnings, DOJs lawfare fund and more in Morning Squawk
Summary
A jury found Elon Musk's lawsuit against OpenAI timed out under the three-year statute of limitations, ending the trial for now while Musk says he will appeal. Anthropic topped CNBC's Disruptor 50 over OpenAI, and its separate legal fight with the Justice Department over a blacklist moves to oral arguments. Technology stocks led broader market weakness after chipmaker Seagate warned about supply constraints, while Home Depot beat quarterly expectations and reaffirmed guidance. The Department of Justice will create a $1.8 billion "Anti-Weaponization Fund" to settle claims after President Trump dropped his suit against the IRS, and the White House said Kevin Warsh will be sworn in as Fed chair this week.
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