100 days of war, Delta's trans-Pacific push, YouTube creators take on Hollywood and more in Morning Squawk

In a week marked by significant events, the World Cup is set to kick off, igniting excitement among soccer enthusiasts and impacting the global economy. Stock futures show an uptick this morning following a tumultuous sell-off last Friday. Key developments are unfolding, particularly as President Donald Trump called for Iran and Israel to cease hostilities in a post on Truth Social. This comes after both nations engaged in strikes for the first time since the fragile ceasefire was established in April. Last week, Wall Street experienced a severe downturn, primarily due to plummeting semiconductor stocks and rising Treasury yields. The Nasdaq Composite plummeted over 4%, marking its worst day since April 2025, heavily impacted by major chip manufacturers like Broadcom, Marvell, Intel, and AMD. The iShares Semiconductor ETF (SOXX) suffered its most significant one-day loss since March 2020, declining more than 10%. Concurrently, the U.S. Treasury yield for 10-year bonds surpassed 4.5%, as the likelihood of an interest rate hike increased following a stronger-than-expected payroll report. Meanwhile, Delta Air Lines is setting its sights on expanding its presence in the Pacific region. Newly appointed President Peter Carter revealed to CNBC that the airline aims to challenge United Airlines' dominance in trans-Pacific flights, aspiring to become the leading global carrier. Last year, Delta recorded a trans-Pacific net profit of $2.79 billion, compared to United's impressive $6.89 billion, underscoring the lucrative nature of this market segment. In another industry move, Italian coffee powerhouse Lavazza is introducing its Tablì espresso tablets to the U.S. market. These compressed coffee tablets are designed exclusively for use with Lavazza's Tablì coffee machines. Lavazza's entry poses a potential challenge to Keurig Dr Pepper's stronghold in the single-serve coffee market, especially after Lavazza reported a 27% increase in North American revenue last year. CEO Antonio Baravalle emphasized the importance of sustainability in their product offerings, highlighting that Tablì are made without any coatings or additives. Lastly, the horror film "Backrooms," produced by a YouTube creator, has emerged as an unexpected success, becoming the highest-grossing domestic film for A24. Its success is prompting Hollywood to consider how to replicate this model, although producer Peter Chernin cautioned against hastily signing YouTube creators, likening it to the trend of making sequels rather than fostering original content. Stay tuned for more updates as the week unfolds, with insights from various contributors including CNBC’s dedicated team.