CNBC Daily Open: Potential diesel ban, Pentagon's warfare initiative and Google's latest AI model
U.S. President Donald Trump's comments that he is still "thinking about" a diesel export ban has raised worries that U.S. energy prices may rise further.
TL;DR
- U.S. President Trump is considering a diesel export ban, which could pressure refineries and increase domestic energy prices.
- Global energy prices are volatile due to conflicts in Iran and Ukraine.
- The Pentagon is seeking input from figures like Elon Musk, Palmer Luckey, and Newt Gingrich on future warfare capabilities.
- U.S. stock futures saw modest gains ahead of the jobs report.
- Minneapolis Federal Reserve President Neel Kashkari stated inflation remains too high.
- Google launched its advanced AI model, Gemini 4 Argon.
- Ynon Kreiz has been appointed co-CEO of the combined Paramount and Warner Bros. Discovery, alongside David Ellison.