Sam Altman Returns to OpenAI, Nvidia Earnings Get AI Boost, Oil Slumps on OPEC+ Meeting Delay 11/22/23

Published: Nov. 22, 2023, 3:42 p.m.

b"On the final trading day before Thanksgiving, Carl Quintanilla, David Faber and Sara Eisen led off the show with\\xa0new developments in the OpenAI saga and its ramifications: The ChatGPT parent said it reached an agreement in principle for Sam Altman to return as CEO,\\xa0after he was ousted by the startup on Friday. OpenAI's new initial board includes former Salesforce Co-CEO Bret Taylor and\\xa0former Treasury Secretary Larry Summers. The anchors also reacted to Nvidia's blowout quarter being fueled by AI, but better-than-expected guidance was tempered by its China sales forecast. Also in focus: Crude oil prices slide after OPEC and its partner nations delayed their meeting originally slated for Sunday, Deere shares take a hit despite a fiscal Q4 beat,\\xa0Nordstrom's pre-Black Friday earnings, Tim Cook talks Apple succession with pop star Dua Lipa, the Thanksgiving travel rush\\xa0and what has been a rough second half of the year for airline stocks.\\n\\n\\n\\nSquawk on the Street Disclaimer"