The market briefly spikes on a new Axios report that the U.S. and Iran have reached a deal but still need President Trump’s final approval. Then the CEO of chip designer and Nvidia partner Synopsis, on earnings and AI demand. Plus, the Surface Transportation Board pauses the review for the deal between Norfolk Southern and Union Pacific. Could the rail merger be in jeopardy?<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

10AM Hour: Potential U.S.-Iran Deal, CEO of Chip Designer Synopsys, Rail Deal Trouble?

Squawk on the Street

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[SPEAKER_17] Good Thursday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Quintanilla and David Faber. We are live at Post 9, as always, from the New York Stock Exchange. Ahead this hour, the latest read on inflation comes in mostly online, but some interesting data points below the surface giving clues about the state of the economy.

[SPEAKER_17] We'll talk to Mark Zandy from Moody's for his read on the print. Plus, much more on this wild AI-powered move for Snowflake, up more than 36% now on the back of results. And speaking of AI, we'll talk to the CEO of $100 billion chip design firm and NVIDIA partner Synopsys following earnings last night.

10AM Hour: Potential U.S.-Iran Deal, CEO of Chip Designer Synopsys, Rail Deal Trouble?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

10AM Hour: Potential U.S.-Iran Deal, CEO of Chip Designer Synopsys, Rail Deal Trouble?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.