I'm Andrew Al Sork and co-host of Squawk Box. Today I'm with Leslie Pickering, Wilford Frost,

and this is Five Things to Know Before the Opening Bell.

NVIDIA is set to report second quarter earnings after the bell. Today, investors will be laser-focused

on demand for the company's cutting-edge AI chips and commentary from CEO Jensen Wong.

And grocery giant Kroger laying off nearly 1,000 corporate employees, the company's CEO, saying, in a memo that

Kroger is making structural changes to its teams across the U.S. He said Kroger will reinvest savings

into other areas. Those include lowering prices, opening new locations, and creating store-level

jobs. And Mehta, preparing to spend tens of millions of dollars into a new California

SuperPack to back candidates with a light touch on tech regulation. That's according to a political

report that said that SuperPack will support candidates for state offices, regardless of party,

who favor AI innovation over

stringent regulation. And shares of storage cloud company Box are higher. The company's earnings

and revenue beating estimates boosted by momentum in its artificial intelligence offerings.

And shares of signature jewelers coming off a 3% pop stock rose after

Taylor Swift and Travis Kelsey announced their engagement on social media featuring an engagement

ring that's been described as cushion cut signet is one of the few jewelers that trades on a

major is it a signet ring no we don't know we don't know we donet ring? No, we don't know.

We don't know.

We don't even know what...

We don't know what it is.

We don't know what it is.

People think it's like a vintage ring. Yeah. So any jeweler pops? I was going to say, if it's a signet ring, I can't believe it's only up 3%. Well, no. If it was a signet ring, it would be like through the roof, right?

...