Israel-Lebanon ceasefire, Microsoft's first-ever buyouts, Starbucks' loyalty program and more in Morning Squawk

U.S. stock futures are mixed after a sharp pullback in the Nasdaq Composite, its worst day since March, as big software names slid post-earnings. ServiceNow plunged over 17% and IBM fell more than 8%, while chip names diverged — Texas Instruments jumped about 19% (a record) and Intel rallied roughly 27% on stronger-than-expected results. Crude oil prices eased after an Israel-Lebanon ceasefire extension and reports Iran negotiators may travel to Pakistan, easing geopolitical risk. Microsoft (primary instrument) announced its first voluntary buyout offer for roughly 7% of U.S. staff, part of wider tech job cuts, while Meta and Nike also trimmed roles. Regeneron struck drug-pricing deals with the White House and will provide a hearing-loss gene therapy for eligible patients, and Starbucks’ loyalty changes are driving higher engagement ahead of its earnings call. Overall market impact is mixed: geopolitical easing weighs on oil, earnings and corporate actions are re-pricing tech stocks, and consumer/health initiatives could influence sector-specific reactions.