Mon Oct 06 11:00:00 UTC 2025: **Here’s a summary of the text:**

The CNBC Morning Squawk newsletter highlights several key developments for investors:

* The government shutdown continues, now among the longest in history, but the stock market remains resilient.
* OpenAI and AMD struck a deal that could give OpenAI a 10% stake in the chipmaker, sending AMD shares soaring and Nvidia shares dipping.
* Fifth Third Bancorp is acquiring Comerica in a $10.9 billion deal, creating the ninth-largest U.S. bank.
* Online holiday shopping growth is projected to be weaker than previous years, signaling a potentially sluggish shopping season.
* OpenAI is searching for new data center sites for its Stargate project, exploring nuclear power alongside other major tech companies.
* Taylor Swift’s album debut in movie theaters set a record for the largest album event of its kind, generating $33 million.

**Rewritten as a News Article:**

**Market Shrugs Off Shutdown as Tech Deals Dominate Headlines**

**NEW YORK (CNBC) -** Despite the ongoing federal government shutdown, now ranking among the longest in U.S. history, the stock market remains surprisingly stable. However, tech industry deals are stealing the spotlight as the trading day begins.

OpenAI and Advanced Micro Devices (AMD) announced a groundbreaking agreement that could grant OpenAI a 10% stake in the chipmaker. The news sent AMD shares soaring by 30%, while competitor Nvidia saw a dip of over 1%.

In the financial sector, Fifth Third Bancorp is set to acquire Comerica in a $10.9 billion all-stock transaction. The merger will establish the combined entity as the ninth-largest bank in the nation.

Meanwhile, retail analysts are tempering expectations for the upcoming holiday shopping season. Adobe Analytics predicts a 5.3% increase in online sales, a significant slowdown compared to last year’s 8.7% growth.

Big Tech’s insatiable appetite for energy is also driving headlines. OpenAI is actively scouting locations for its ambitious Stargate data center project, reportedly considering nuclear power options. This follows a trend of other tech giants also turning to nuclear energy to power the growing demands of AI and data processing.

Outside the realm of finance, Taylor Swift broke box office records this weekend with her “The Life of a Showgirl” movie, which grossed $33 million during a three-day run.

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