The market's surprising reversal, Gap's viral ad, AI regulation and more in Morning Squawk
1. Stocks fell sharply post-Nvidia earnings, questioning AI market confidence. 2. U.S. added 119,000 jobs, but unemployment rose to 4.4%. 3. Nvidia shares dropped despite exceeding earnings expectations, closing down 3%. 4. Federal Reserve rate cut hopes revived by comments from Fed officials. 5. Gap's sales beat expectations, indicating strength in value-oriented retail.