Morning Squawk: November Trading Insights, Berkshire's Cash Reserves, Big Tech's Advertising Revenue, and More

Market Overview: Stock futures are higher as trading begins in November, following a successful October driven by momentum in the artificial intelligence sector.

Berkshire Hathaway's Financials: Berkshire Hathaway reported a record cash reserve of $381.6 billion and a 34% increase in operating profit, despite no share buybacks from CEO Warren Buffett.

Big Tech Earnings: Major tech companies, including Meta, Amazon, Alphabet, and Microsoft, exceeded revenue expectations in their digital advertising sectors, indicating resilience in ad budgets amid economic uncertainty.

SNAP Benefits and Government Shutdown: A federal judge mandated that emergency funds be used to continue SNAP benefits during the government shutdown, which affects 42 million Americans, with the administration agreeing to comply.