sarat, you own it.ke and ozempic fears, pepsi is a company, scott, i want to own in the next two to three years. they've changed the mix into snacks that are doing well and i think the company in terms of balance shaet you want as part of your portfolio. >> josh brown, you mentioned acce pepsi, as a matter of fact. obscenely overdone. you're talking about the pullback. what do you think about this here? >> i still think it's a buy. it's had a nice bounce off that level. it was 160 or 159. i don't believe the story that all of a sudden everyone will give up frito-lay and full sugar soda. you have 20 million people around the world currently on g gop-1 inhibitors. there will be some truth to that story. i think it's way overdone. today's results bear that out. one thing we shouldn't underestimate is coke and pepsi's ability over the decades to move when it's time for them to move and make changes in the product they're selling to reflect the, no pun intended, taste of the next generation. pepsi has done t

. >> sarat, does it affect investment decisions?ng streak as well. does the fact they've now lost a popular talent play into a reason for that or does it pose any larger risk? >> i think the larger risk is what does china do next, and if china says, hey, we want more concessions, the other part that apple is going to face is the cost of moving out of china are very high. so, and you have a stock like apple that everybody looks at margins all the time, right? we know the volume growth is not there. so just imagine if all of a sudden now margin growth is not there, and that's just not apple. it's a whole ecosystem, chip companies and everyone else. right now china is in control. >> dennis, what are the other companies that are in an apple-like predicament? >> well, there's an interesting example if you go to hong kong. there was a man named jimmy who had an apple daily newspaper who was a pro-democracy newspaper. it was shut down. he has been in jail for 1,000 days or more at this point, and his crime was to say that he thought hong k

the end of the oppressed, you muslims, the time for the blood of the oppressed has come, o muslim, o sarat al-hussein, o sarat al-hussein, you , who have put your feelings in the hands of the oppressed palestinians, for us and our dear and respected viewers, who heard the news of the zionist regime's crime, who went to gaza's al-molemani hospital attacking and seeing the injured palestinian victims in the pictures, how did you feel, god is the witness, god is the witness , my heart was in such a fever and he was crying so much, i called some of our friends who are scholars and said to them, "daddy" sima, tell the mosques, tell the mosques, tell the lord may imam zaman (peace be upon him) find these criminals, their roots are criminal, that is, they are criminal in nature, i'm sorry, they are like impurity , whose nature is impure. these are not negotiable. those you were happy to arrange with them , negotiate with me. see, this is the result of the negotiation. they don't show mercy to the animal. i saw a movie a few days ago. a leopard had hunted a deer. all it wanted to do was kill it. i

i think the combination of all of the three things drives that stock. >> sarat, thank you. >> thank youor us on "worldwide exchange. "squawk box" is coming up next thank you for watching and enjoy your halloween the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> good morning the world bank out with a warning overnight saying the price of crude could surge over $150 a barrel if the israel-hamas war expands. >>> shares of energy giant bp are falling after the miss by a wide margin for the third quarter. >>> the fed is kicking off a two-day meeting today. scary on halloween it is halloween, october 31st, 2023 happy birthday to my wife, p penelope still bewitched and bewildered, i am "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we're live

let's bring in sarat. the base case now is higher for longer. what we don't know is higher fr longer right now or where we are right now for longer? we could go a point or two higher before this is all said and done depending on the inflation and how the economy is. >> that is causing the volatility, joe. the market is trying to figure out what we are going to go. the first thing you do is sell. you see it in interest rates. you add to it the uncertainty with oil prices and dollar getting stronger and just because we don't have a government shutdown and we kick the can down the road, you could say the same about interest rates. you add that and itis a powerful cocktail to say why should i actually in the short term invest in the market when i can get 5% in treasuries? shorter term, there is a potential for more volatility. longer term, when it settles down, we see a huge valuation desp des despairty with the big seven. >> i which we knew which di dictates inflation, sarat. it almost seems like as long as the economy holds up, the fed thinks it n

there, vika demicheva, tanya zosina, by the way, haven’t you heard where, well , everything’s gone, in saratlisten, listen, you came up with a great idea for this green planet , ecology, handsome, really, but the costume is garbage, well, in fact, the idea of ​​​​the presentation is olga's merit, in fact, how and the suit, well, very good, well, since you guys got along well, in general, yes, well, let’s assume that the trial period is over, yes, olechka, and why are you so pale, how do you feel, yes i i just haven’t eaten anything since the morning, so he would have gone to the cafe so long ago, this is an order, by the way, come on, come on, blow, that’s it, guys, excuse me, in andryukha with a link, which i hope is not for me, i definitely don’t, beg, no, sergei nikolaevich suits you very well. what am i saying, would you like to join me for lunch? points, i'm afraid that i won't be able to, i have to go to the boys' competition at 5:00, we'll do everything in time, it's just that i, as your personal assistant, have to take care not only of your schedule, but also of your health, let's ru

joining me josh brown, kari firestone, jim lebenthal, and sarat sethi. let's check the markets.tty good day going. we're basically at the highs of the day. the dow 270 or so. the s&p is over that level as is the nasdaq. i would offer up the most impressive thing the russell 2000 is pacing for a five-day wi

with heavily fortified border into israel, fighting broke out in a number of border towns including sarat, the hasse and barry. hamas also launched thousands of rockets in israel. this is ashkelon, right about and reach on the zion. all facing bombardment. israel retaliated with its counteroffensive, launching a series of airstrikes across the gaza strip, which have continued into this morning. >> our correspondent begins our coverage. >> overnight, israeli military has been hitting targets inside the gaza strip and revenge for esg is attacked by hamas. intern, hamas has continued to fire rockets into israel. the boom and flash from the iron dome defense system lit up the dark sky and can be heard across central and southern israel. this morning, israeli security forces are still fighting to regain full control of southern israel after hamas militants invaded yesterday. this was a police station and the israeli town of stirrat, which had been taken by hamas. hamas fighters initially used bulldozers and explosives to open the security bands that surrounds gaza. some on pick up trucks, othe

we are in the town of sarat. it was held by the militants for a good time over the weekend. i'll show you what was the police station here. now it's a total wreck. it's where the hamas militants made their last stand and israelis actually brought in a bulldozer to get them out. they're clearing it away. we asked when resident why they're clearing it away so fast. they want to rebuild it. they want to rebuild it where it is standing. you folks have been talking about the hostage situation. there have been hostages taken from here and nearby where there was a music festival along these towns and that's the real wild card in this. yes, you have the figures strong and amazing, more than 900 israelis killed, 2600 injured. 800 palestinians killed. 4,000 injured. but the ongoing drama now, too, is 150 hostages, a couple of miles away from where we are somewhere in the maze that is gaza, one of the most densely populated areas in the entire world. you heard from the families in the past hour. they are concerned about their loved ones and israel helping out and we have been watching

. >> sarat, have a great weekend. doesn't look so good for golfing. >> i think we'll be inside. >> thanks for watching. >> "closing bell" starts right now. >>> kelly, thanks so much. welcome. i'm scott wapner live from post 9 at the new york stock exchange. this make or break hour begins with a battle inside the unsettled market. on one side rising rates and geo politics versus those looming mega cap earnings next week. the big question, of course, some of the biggest names in the market be enough to get your money back on track for a late year run? we'll ask our many experts that very question this hour. meantime, there's your scorecard with 60 minutes to go this week of regulation. red day overall, yields are a big part of that story. the ten year topping 5% yesterday, still hovering near that level. there it is, the ten year. 4.92. it's clearly put significant pressure on regional banks and real estate as both of those sectors are among the hardest hit today. real estate is making a turn, though, as we begin the fi

sarat, thank you. >>> when we come back, breaking economic data.t first look at third quarter gdp, we'll get september durable goods, weekly jobless claims and a whole bunch of data. google is getting ready to begin its defense. that antitrust trial from the government, we will ask former white house adviser tim wu what to expect. stay tuned, you're watching "squawk box," and this is cnbc ai has the power to automate, but if it's using untrusted data can you trust the results? your business doesn't just need ai, it needs the right ai for your business. introducing watsonx a platform designed to multiply output by tailoring ai to your needs. when you watsonx your business, you can train, tune and deploy ai, all with your trusted data. let's create the right ai for your business with watsonx. ibm. let's create. >>> we are watching google parent alphabet this morning you see that stock off by about 2 1/3%, coming off the worst day since the start of the covid pandemic alphabet was the worst performing stock in the s&p 500. spooked investors a little b