SOTS 2nd Hour: Nov. CPI Print, Grocery Deal Denied, Apple's AI Strategy, 12/11/24

Carl Quintanilla, Sara Eisen and David Faber began the show by breaking down the latest CPI print. Consumers saw inflation pick up slightly in November, as price increases in categories like groceries, gasoline and new cars outweighed a deceleration in others like shelter during the month. The desk also discussed Albertsons terminating its merger agreement with Kroger, while also filing a suit for breach of contract. Also in the mix: mega-cap tech names continued to hit new highs, with Apple also releasing its long-awaited ChatGPT integration with Siri. Squawk on the Street Disclaimer

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CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.