. >>> tesla's ceo elon musk tells cnbc it will be a challenging year ahead in an exclusive year aheadhe also weighs in on politics, the fed, and why the u.s. and china should be a concern for everyone. >> the chinese economy and the rest of the global economy are like conjoined twins it would be like trying to separate conjoined twins that's the severity of the situation. >>> microsoft's chief tells cnbc the ai technology is accelerating at peace. >> we're moving from the pilot ai to co-pilot ai, so, yes, it's moving in the right direction. >>> ceo tells cnbc supply klains are improving. >> this gives us a good look for this year and next year. our delivery times are quite long. >>> and u.s. president joe biden cuts short his asia tour as the white house scrambles to secure a debt ceiling deal to defer a potential debt ceiling default >>> welcome to the show, everybody. well, tesla, twitter, the fed, joe biden, and china were just some of the topics that elon musk weighed in on as he sat down with cnbc for an hour-long conversation following a shareholder meeting in texas he told cnbc

co-founder and cnbc contributor.your home studio. >> these are my pajamas, frank i don't know if you know that. >> where are you looking for opportunity? i know you're looking at big tech why are you looking at alphabet right now? >> well, alphabet is a stock i've been in for a long time and for fundamental reasons, but there is something technical going on, which i pointed out on the air yesterday. 108 has been resistance really dating back to september of 2022 it's making another run. i think if you're trading it you want to see it get convincingly above 108 you want to test it again after the breakdown after lower volume, but this is one of the last cap tech names to really have a recovery. it's definitely been a laggard this year. i think there are some potential catalysts in the second half that would justify the breakout. i'm a long-term investor. >> why is energy attractive right now? >> well, it's an out of favor sector this year, but the fundamentals have not gotten any better or worse than they were last ye

cnbc the futures as we approach the top of the hour. down stay tuned you're watching "squawk box" on cnbc good night! hey corporate types. would you stop calling each other rock stars? you're a rock star. you are a rock star. no more calling co-workers rock stars. look, it's great that you use workday to transform your business. but it still doesn't make you a rock star. so unless you work with an actual rock star. hi, i'm ozwald. hello ozwald. pam, you are a rock- i wasn't going to say it. ♪♪ what do you see on the horizon? uncertainty? or opportunity. whatever you see, at pgim we can help you rise to the challenges of today, when active investing and disciplined risk management are needed most. drawing on deep expertise across the world's public and private markets in pursuit of long-term returns... pgim. our investments shape tomorrow today. (funky electronic music) (narrator) breathe in. jump in. strap in. live in. join in. thrive in. if you're all in, it's all in north carolina. ranked america's top state for business. (funky elect

here at cnbc global headquarters. here is the "five@5. we begin with progress from washington after the latest round of debt ceiling talks with biden and mccarthy however, no deal >>> on wall street, recession warning signs growing louder and doing something for the first time in four decades. >>> and speaking of red flags, why the bullish trend in big tech may be coming to an end. >>> the streaming wars heating up this morning courtesy of david zaslav >>> and one stock surge ahead of the open it is tuesday, may 23rd, 2023 and you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kick off the day with the check of the stock futures a mixed session yesterday. nasdaq closed at highest since august of 2020 this morning, the knacknasdaq u fractionally we have seen movement in the bond market. we see the yield on the 10-year treasury creep up over the month and over the last two days at 3.72 we see the same story with the 2-year treasury at 4.36. we will talk more about th

here at cnbc global headquarters and here's your "five@5." we're looking at the stockmarket. futures are higher right now the markets anticipating some kind of deal being reached. we continue to watch that. also elon musk sat down with our david faber. he made comments about free speech against profits >>> then, a ukraine grain deal a deadline is coming up today. we're going to tell you what that could mean for the conflict over there in ukraine and also the global economy. >>> also looking at retail results, we're going to show you and talk to you about what home depot's results could mean for another big retailer reporting today before the bell. it is wednesday, may 18th -- may 17th, 2023, and you're watching "worldwide exchange" right here on cnbc. ♪ >>> good morning and welcome to "worldwide exchange. i'm frank holland. it is actually may 17th, by the way. let's take a look at the futures we saw the dow fall more than 1% looking at the futures right now, we are seeing they're green across the board at this point the dow jones would open up about 90 points hi higher the s&

at cnbc global headquarters and here's your "five@5." the fed prepares to raise interest rates for the tenth time since march of 2022 what they're telling clients ahead of the release. >>> and speaking of the fed, it's not just wall street, but nine straight hikes hitting main street in a very big way we facbreak down the rising cos with consumers and oil is coming off its worst day since january, but don't expect the prices at the pump to fall just as fast. >>> plus after taking off jack dorsey square, hindenburg research has a new target. this time carl icahn and we lay out the key factors at play. it's wednesday, may 3rd, 2023. you're watching "worldwide exchange" right here on cnbc >>> good morning and welcome to "worldwide exchange. i'm frank holland. let's kick off the hour with a check on stock futures after a sharp decline yesterday. looking at futures right now, they're strongly in the green across the board you can see the dow opening up 20 points higher today is very early. it's a huge day, all of this ahead of the federal int

joining us is jake sherman he is an cnbc political contributor. do you have a preference you love all your children the same >> i'm a company man i'm happy with whatever. >> i'm fixated on that we like poaching people. we like stealing people when they're really good. that is not a great idea there's enough of you to go around. >> there is. >> confirm this for me the tone of the delay seemed better than when it was on in that -- for the first time, it doesn't mean anything negative all we heard was negative. it doesn't mean anything negative suddenly, instead of hearing everything from the biden administration that we won't do anything, they are saying here is what we won't do which opens up the possibility there are other things they might do. >> a few thoughts here number one, i talked to kevin mccarthy late yesterday about the delay. his view was actually don't make anything of it we're not ready to kick this up yet. here's where we are. on wednesday this week, the staff met and started talking about the policy options they could include in som

here at cnbc global headquarters and here is your "five@5." investors wait for the second look at inflation after the better than expected cpi. >>> new this morning, janet yellen sounding the alarm again over the debt limit deadlock calling the notion unthinkable. >>> and speaking of default. what former president trump told attendees at the town hall last night that is worrying some on wall street. >>> shares of disney under pressure despite the second quarter beat what is dragging on the stock. >>> and later, making waves in ev freight space we speak with number 15 on the disruptor list it is thursday, may 11th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm hollafrank holland. let's kickoff the futures following the better than expected cpi read. the futures with green across the board. all three indices up right now we say it is super early dow would open up 50 points higher we are checking the bond market. that is where we see movement. the benchmark 10-year treasury at 3.44.

here at cnbc headquarters and here's your "five@5. we begin with one week and one day with no deal in sight. the negotiators say they've hit yet another speed bump there are growing calls of a coming recession in the next 12 months goldman sachs david solomon weighs in. >>> and a new warning from ceo of the most valuable chipmaker and their impact on the u.s. tech dominance, plus as investors weigh the impact of the record-breaking $1.3 billion fine against meta platforms, we hear from the regulator leading the charge against big tech. >>> and later, the culture wars hit retail target facing backlash it's may 24th, 2023. you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning and welcome to "worldwide exchange. i'm frank holland. thanks for waking up with us a very busy morning with two can't-miss interviews coming up in a few minutes first an interview with the world east largest pc maker, lenovo executives say there is light at the end of the tunnel. then at 5:30, a "worldwide exchange" exclusive with helen dixon,

at cnbc global headquarters and here is your "five@5." the treasury continues to say june 1st is the date. >>> and beijing black listing. a chip black listed over serious concerns. >>> the stock lower at the open. and kcredit suisse taking on th regulator preparing to scrap $400 million of bonuses. >>> and no time for t.i.n.a. now it is time for the t.e.r.a. trade. >>> and could jumping on the a.i. band wagon lead to stupid consequences it is monday, may 22nd, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's check on the u.s. stock futures. look at the futures right now. flat across the board. we are seeing the s&p and dow and nasdaq muted as investors weigh the consequences of the latest meeting of the debt limit. we are checking the bond market. we are seeing movement 10-year treasury at 3.64 elevated during the month as we led up to the "x" date this climbed 20 basis points from the start of the month. something to watch as investors go to bonds for safet

here at cnbc global headquarters. here's your "five@5.nvestors bracing for the latest read on inflation. what it could mean for the fed's historic hiking cycle. >>> and in washington, high-stakes meeting with very little progress as speaker mccarthy and (remain very far apart on key issues around the debt ceiling and on wall street a new warning from a familiar face on the state of the u.s. economy and why we may already be in a hard landing >> plus spending cuts paying

at cnbc global headquarters. here is the "five@5. closing in on a deal the reports from the white house and speaker mccarthy are nearing the end. >>> and nvidia's rise to new records across the tech space and one high profile etf apparently left on the sidelines. >>> and putting a bow in retail results. a look at the stocks with the most staying power in retail. >>> plus, red tea and the next ev road trip. >>> and silicon valley is a buzz with a.i., but one wall street bank wants in on the trend it is friday, may 26th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kickoff the half hour with the stock futures. a muted picture. nasdaq higher. s&p and dow are lower. a mixed bag heading into the final day of trading before the long holiday weekend we check on the bond market. we begin with the 10-year treasury benchmark at 3.79. continues to be elevated closer to the x date. the 2-year treasury at 4.5%. yesterday, it was a few points lower. the yields ar

here at cnbc global headquarters. here is the "five@5. stocks set to rebound after the slide that put the dow in the red for 2023. >>> call it a sentiment shift. bank stocks gets a boost on the week-long skid how one bank executive is taking matters in his hands. >>> and apple rewards investors to the tune of $90 billion and showing surprising strength in one market. >>> and we are counting down to the april jobs report and a look at the one sector seeing hiring more higher. >>> later, looking ahead to the weekend to the berkshire hathaway investor meeting. what you want to hear from in om omaha. > it is friday, may 5th, 2023 and you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. happy friday hope your morning is getting off to a great start let's check on u.s. for futures. they are in the green across the board. the dow dipped in negative territory for the year the dow is up right now 100 points s&p and nasdaq up as well. this is after another rough session for stocks a

here at cnbc global headquarters. here is the "five@5.gress from washington after the latest round of debt ceiling talks with biden and mccarthy however, no deal >>> on wall street, recession warning signs growing louder and doing something for the first time in four decades. >>> and speaking of red flags, why the bullish trend in big tech may be coming to an end. >>> the streaming wars heating up this morning courtesy o

here at cnbc global headquarters. here is your "five@5." we begin with wall street and stocks coming off the best day in weeks futures getting a boost. >>> and front and center is retail after target's cautious outlook which casts a cloud. this morning, it is walmart's turn. >>> overseas, a split decision for chinese equities as alibaba gets set to report its results for the bull and bear case. >>> preparing for an m&a boom. a look at the names that should be on the radar ahead. >>> later, gauging the a.i. impact and the tech which is upending health care it is thursday, may 18th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm hollafrank holland. futures are moving higher right now. the dow is flat. ticking a bit higher s&p and nasdaq with a similar story. this after a strong showing for stocks yesterday with the averages posting the best day in two weeks. we are checking the bond market looking at the yields. the 10-year treasury is 3.58 yields ticking up. look at the 2-year tr

at cnbc global headquarters and here's your "five@5."nterest rates for the tenth time since march of 2022 what they're telling clients ahead of the release. >>> and speaking of the fed, it's not just wall street, but nine straight hikes hitting main street in a very big way we facbreak down the rising cos with consumers and oil is coming off its worst day since january, but don't expect the prices at

here at cnbc global headquarters. here is the "five@5. the federal reserve kicks off the policy meeting today and they shift back to policy playbook. >>> there is more than rate risk wall street adding a debt ceiling deadline to the wall of worry. >>> and a.i. strikes twice in two big ways one of which is sending a stock down nearly 30% in the pre-market the name to watch. >>> and tracking the fallout from the jpmorgan chase winning bid for first republic bank. >>> and later, bracing for the streaming silence as hollywood goes on strike it is tuesday, may 2nd, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kickoff the hour with the stock futures after a modestly lower session for wall street yesterday. you see this morning is muted. s&p and dow is lower nasdaq is higher we are also checking the bond market we want to look at the yields in the bond market. look at the 10-year treasury that is moving higher than yesterday. the 2-year treasury is moving highe

at cnbc global headquarters. here is the "five@5. heading for $1 trillion. shares of nvidia soaring after the record-breaking quarter and what could be the biggest market cap gain of all time. >>> not close enough progress on the debt ceiling talks and we are one week away from the treasury's x date fitch taking hold on the aaa credit rating. >>> and a stock market overseas disconnect in the largest economy. germany officially enters a technical recession with stocks at one-year highs. >>> a high stakes meeting in washington today to ease orphan the flames of rising tensions with the u.s. and china. >>> and later, the u.s. set to take action on short selling it is may 25th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's check off the hour with the stock futures. look ahead of the open the s&p and dow jones industrial average and nasdaq showing differences in how they are moving 2% difference with the dow jones industrial average and nasdaq. nasdaq up over 1.5%. dow jones indu

here at cnbc headquarters here is the "five@5. we begin p trying to break the dead ceiling deadlock. we are live in washington with the preview. >>> ahead of the meeting, janet yellen is sounding the alarm to the private sector over the debt crisis as she warns of a coming economic catastrophe >>> spikie speaking of crisis, the banking turmoil and how that to fuel a credit crunch. >>> and lucid on life support. sending shares down ahead of the open >>> and sam bankman-fried has a new legal strategy to help him avoid jail time. it is tuesday, may 9th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. a mixed session yesterday and this morning, the declines in the nasdaq in pre-market nasdaq down .50% we are seeing the dow jones industrial average opening up 100 points lower if it opened at this time. that is still early. the s&p is fractionally lower. the bond market is something we are watching as we await the inflation data look at the 10-year treasury at

let's get to tyler mathisen for our cnbc news update >> thank you very much here is your cnbc news updatete the supreme court declined to block an illinois law that bans assault style weapons. the legislature enacted the measure in the wake of a july 4th shooting last year that killed seven people. the ban does not affect people who already own firearms impacted by the ban. >>> eight people killed and thousands evacuated as flooding struck a northern region of italy. this prompted officials to call for a national plan to combat climate change induced flooding. formula 1 captured this weekend's grand prix to avoid the extra burden on emergency crews. >>> house republicans are expected to send a resolution to expel congressman george santos. they will vote this evening. the ethics committee may defer this to the justice department, which indicted santos last week on 13 counts, including wire fraud, money laundering, and stealing public funds. kelly, back to you >> tyler, thank you. >>> still ahead, elon musk railing against the notion of work from home in his interview last night on cnbc >>

here at cnbc global headquarters. here is your "five@5." we begin with stocks on a high note as the investors try to overlook the wall of worry futures are in the green. >>> not done yet a trifecta of fed speakers giving a point of concern with the historic hiking cycle. >>> debt limit meeting delayed janet yellen looks to take her warnings straight to the wall street. >>> the regional bank reckoning appearing far from over after a brutal trading day for pacwest the friday fallout coming up. >>> later on, elon musk teases the pick for the ceo of twitter. it is friday, may 12th you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." hope your friday morning is getting off to a great start i'm frank holland. let's check on the u.s. stock futures in the green dow is looking like it would open up 150 points higher. s&p as nasdaq higher in the pre-market the nasdaq set to end the week positive this as investors digest comments from michelle bowman bowman's tone making her the third fed speaker this we

here at cnbc headquarters here is the "five@5. we begin with the regional bank reckoning. another bank confirms it is speaking with partners and investors. >>> also, the tenth time is the charm. the fed eral reserve raises rate again. possibly signaling the end of the fastest tightening cycle in decades. what it means for the economy and markets and investors. >>> and it is not just the fed another major central bank is set to release the policy decision later this morning. we have a live preview from london in a moment. >>> plus, we are turning attention over to washington and it is all about a.i. as the vice president holds a face-to-face with those at the cutting edge of the technology. >>> and later, can johnson & johnson consumer business spinoff reignite the ipo slump it is thursday, may 4th and you are watching "worldwide exchange" on cnbc. >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kickoff with the futures this morning, you see we are green across the board higher right now almost flat. something positive indicators for the start of

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here at cnbc global headquarters. here is the "five@5. we are going from the t.i.n.a. to the trade there are all in that natives -- alternatives to the stock. >>> and warren buffett boosts stake in what is the top holding. >>> and over to washington the debt standoff continues as the treasury reports cash holding has been cut in half. >>> and the end of siri? what apple is doing to take on chatgpt and other a.i. chat bochatbots >>> and it is friday, may 19th, 2023 you are watching "worldwide exchange" on cnbc. >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kick off three straight days of gains with the nasdaq at the highest close since 2022 futures are green. nasdaq up .20% s&p and dow up this hour the nasdaq is continuing to out perform. it is this line up here that you see up 3.2% for the week it is on pace for its fourth winning week in a row. if you think that is impressive, it is nothing compared to a pair of overseas markets. in europe, the dak ix is hittina fresh 52-week high the nikkei is closing higher >>> now for a check on u.s. bo

we are live from santa barbara, california, site of cnbc's annual ceo council summit. look at notes catching wall street's attention. we start with meta, it's up more than 100%. but the street pointing to more than one reason for the rise we've got ubs pointing to improved engagement in short-form video thanks to instagram reels moving to best in class, bottom funnel advertising tech and piper sandler says its add tech is likely to improve thanks to its ai initiatives, which it thinks could spur revenue gains this year. we have julia boorstin on set. what do you make of the new calls on meta? feels like the street is increasingly looking for reasons to get more bullish. >> and two very different reasons. on one hand have the fact meta, its different platforms, instagram with reels and even on facebook, seeing this increased amount of video that's consumed on these platforms the advertising growth has not met that they see this as a huge opportunity, especially if you look at the fact the tradition appear tv bundle where so much advertising was sold for so long, that in

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we are coming right back after this >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. as sleek as it is spacious. as smart as it is beautiful. introducing lucid air. experience the best. ♪ ♪ ahhh! icy hot pro starts working instantly. with two max-strength pain relievers, so you can rise from pain like a pro. icy hot pro. good night! hey corporate types. would you stop calling each other rock stars? you're a rock star. you are a rock star. no more calling co-workers rock stars. look, it's great that you use workday to transform your business. but it still doesn't make you a rock star. so unless you work with an actual rock star. hi, i'm ozwald. hello ozwald. pam, you are a rock- i wasn't going to say it. ♪♪ millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, get the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join

news update. >> reporter: here is your cnbc news update.nied migrant child in the custody of the department of health and services has died. this as u.s. agencies work to handle the influx of migrants following the expiration of title 42 >>> russia is rejecting claims after a ukrainian break through in the battle for bakhmut. russia appeared to concede they've lost ground, but say it's under control they claim a ukrainian counteroffensive has begin. >>> the entire population of a small town in switzerland is being evacuated due to an impending rock slide the 100 odd residents have been told to leave as a huge chunk of a mountain could collapse as soon as next week. hopefully everyone heeds those warnings kelly, back to you. >> i would not stick around. >> how do you know how much to pack where do you go? >> just get a go back at this point. get out of there and wait a couple days. >> i guess courtney, thank you. >>> still to come on "power lunch," trading the consumer big retail names expected to report next week 'll ade those names in a fr

plus a big interview coming up on cnbc later today. david faber sitting down with elon musk after the company's shareholder meeting. we'll get you ready for that, kelly, plus a lot more >> very much looking forward to it, tyler. thanks hi there let's get a check on the markets. the dow's down 223 points right now. the s&p down 9 to 4126 the dow still 30 points below its break even for the year. so it's in the red as of this moment the nasdaq still up a quarter of a percent helped by gains once again in nvidia and some of the other semi stocks. amd. home depot after earnings and disappointing guidance, shares only down 1 1/2% right now still down about 10% year to date and check out etsy falling after morgan stanley cut its price target saying it will be hard for etsy to grow sales and profit margins at the same time. their new price target is $74 a share and the stock right now tyler is below 92 down 6 1/2%. >> all right, kelly, thanks very much economic headwinds coming home to roost home depot, as kelly just mentioned, reporting a bi

here at cnbc global headquarters. here is the "five@5. we start with janet yellen doubling down on the debt default as president biden prepares for the second face-to-face with mccarthy. >>> ahead of the talks, markets are pricing in a credit rating downgrade with echos of the 2011 debt ceiling >>> and busy day on capitol hill as two former failed bank leaders take the hot seat. >>> and all about a.i. with another hearing with open a.i. >>> and bullish bets by berkshire has one stock popping ahead of the open. it is tuesday, may 16th, 2023 and you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. let's kickoff the check of the futures. a muted open flat across the board. the nasdaq is in the green fractionally not an an -- not a lot of movement in the debt ceiling the 10-year treasury is pretty much where it was yesterday. we have seen a slight decline on the yield on the 2-year treasury at 3.98% it ticked above 4% during yesterday's show we want to check energy and specifi

roger will be a speaker the at the cnbc financial summit on june 15th.e will join top advisers and experts to discuss risk and opportunities. scan the qr code magic. register go to cnbc.com "squawk box" will be right back. >> announcer: currency check is sponsored by interactive brokers. the best informed investors choose interactive brokers it's hard to run a business on your own. with shopify, you have everything you need to setup your online store, to connect with customers, and to bring your dream business to life. because when we work together, the future is bright. these days, your customers are not just down the hall. they're all over the world. so cute. it doesn't have to be lonely at the top. join the millions to finding success on their own terms. start your journey with a free trial today. >>> commercial real estate crisis is getting worse. h we have robert frank with more >> melissa, 94 million square feet of empty space in new york city it is up 75% pre-covid now a record rate of 17% there are no signs this will improve soon new leases were

cnbc is my home.f you love your work, maybe it's life itself ♪ >>> there's one thing we've learned this earnings season it's that we have a genuine bull market in medical devices. for years this industry was terrific long-term place to find winners but the pandemic hit and nonurgent surgeries were delayed. in some cases for years until we got covid under control. now, finally, we're seeing an uptick in the in he had cal device business. this last year it didn't do much to help the stocks because they tend to be growth names and growth was so out of style now it keeps recovering and a more growth-friendly marketing is making sure they get their due. great quarter after great quarter and the first clue came on april 12th when we heard from audience favorite inmode that makes devices for cosmetic surgery. they have a pretty terrific set of numbers then we had their ceo on and i thought he told a great and encouraging story. inmode sells hardware and consumables so sales are a bet indicator of demand. sur

you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. ♪ imagine, a car that goes as far as it does fast. as sleek as it is spacious. as smart as it is beautiful. introducing lucid air. experience the best. ♪ ♪ >>> shares of disney down 5.5% this morning earnings and revenue matched the street expectation the company reported a surprise loss of 4 million streaming subs subscribers. joining us is jessica erlich are you surprised by the steep sell off >> not at all. with disney, there is always puts and takes a complicated messaging quarter. the company always on the quarterly calls give the h headwinds. never the tailwinds. numbers are coming down. they highlight what could go wrong over what could go right >> the streaming properties. that's pretty interesting proposition. they said they are going to try to move to profitability which is what wall street wants to hear losing 4 million subscribers and i know it is the second quarter in a row they lost subscribers, but also raising prices. i'm surprised people are

this is cnbc bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, anand this is readyime. to go online. any questions? -yeah, i got one. how about the best network imaginable? let's invent that. that's what we do here. quick survey. who wants the internet to work, pretty much everywhere. and it needs to smooth, like super, super, super, super smooth. hey, should you be drinking that? -it's decaf. because we're busy women. we don't have time for lag or buffering. who doesn't want internet that helps a.i. do your homework even faster. come again. -sorry, what was that? introducing the next generation 10g network only from xfinity. the future starts now. >>> welcome back to "squawk box. hollywood writers heading for the picket line aftering negotiations with the trade association representing the studios failed as a result, production and an shows and films start to grind to a halt. those include lat

in the first on cnbc interview there.anguage, jules, she did everything but say the word china. that is what she implied or suggested. back to you. >> marty, thank you so much for the analysis and coverage. it has been fantastic from hiroshima. >>> sticking can china, the country is blocking the supply of products made by micron banning key operators from buying them. beijing's regulator said the firm failed a national security review micron looks forward to continue discussions with the chinese authorities. the frankfurt listing is down 5% in pre-market trade down 6%. arabile, i can't help but pay attention to the timing. we knew the review was under way with china review of micron, but to come out with the ban as biden said he expects relations with china to improve. you have to wonder if there is a connection and merit in biden's claim it will improve. >> you wonder if posturing is at play or is it really a case of what we've always weird with regard to china. excess information is really the issue. we talk about micro

at cnbc global headquarters. here is the "five@5. we hope the debt ceiling standoff could come to an end. word the republicans and democrats are coming to a deal. >>> and futures on wall street trading on the green as one area in the market does something for the first time since 2020. >>> and twitter 2.0. the new ceo breaks her silence and what she hopes to accomplish. >>> and the housing picture. have we hit peak mortgage rates? that may be up to the fed. >>> and later this morning, the global hot spots and issues impacting the markets and your money. >>> this morning, turkey a and thailand in japan. g7 summit happening now. you are watching "worldwide exchange" here on cnbc >>> good morning i'm frank holland. thank you for joining us let's check on the u.s. stock futures after the mixed session on friday which saw the week in the red. this morning, we are seeing futures in the green s&p and dow and nasdaq up .30% nasdaq would up 100 points higher, but it is very early we are checking the bond market. we start with the 10-year trea

here at cnbc global headquarters. here is the "five@5. the deal president biden looking to rally around the debt ceiling agreement. we are live in washington. >>> and stocks in the u.s. appearing to be on board with the deal as lawmakers and investors return from the long weekend. >>> and different story for turkey the lira slumping to new lows on the re-election of erdogan the latest on the development in a moment. >>> and nvidia looking to keep stock surge rolling. announcing deals to cash in on the big a.i. boom. >>> and last, but not least, we kickoff the special series putting the spotlight on stocks and potentially set to pop into the summer and if it will be a blockbuster summdeal for the studios. you are watching the "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." hope you enjoyed the long weekend. i'm frank holland. let's start with the check of the futures. investors return from the weekend and looking at futures and seeing moves to the upside here if the markets were to open now, the dow open

stay tuned, you're watching "squawk box" on cnbc >>> welcome back to "squawk box" right here on cnbcthe dow down triple digits, by about 107, 108. yesterday they were down by 1%, the s&p this morning indicated off by about 16, the nasdaq down by another 60 points let's focus on the tech sector, the nasdaq's 161 point slide yesterday made for its worst day in about a month hard to believe, it was 1.25%. microsoft, amazon and alphabet have all gained more than 30% and meta has roared back, more than doubling since january 1st. joining us is bradley tusk, the ceo of tusk ventures but he also has a background in politics, too. he ran a successful 2009 reelection campaign for mayor michael bloomberg in new york city bradley, you have to be watching what's happening in washington right now, too >> you mentioned mike. he's the only politician i worked for that said what's the right outcome for society and let's try to get to that place i think the reason rational people in the markets, in tech, misunderstand government is because we still think in our heart of hearts at the end of the day t

here's your cnbc news update at this hour.will send over 1,000 troops to the u.s.-mexico border ahead of an expected migrant surge following tend of a coronavirus pandemic-era restriction now, the military personnel will do data entry and other administrative tasks so customs and border protection can focus on field work. the troops will be sent down for roughly 90 days, though their presence can be extended if necessary. >>> interstate 55 reopened in illinois following a 70-car pileup that left multiple dead and more than 30 others injured. the pile-up came after a dust storm reduced visibility in the area state police say excessive winds blew dirt from farm fields across the interstate. >>> some like it hot, leading the way in the tony award nominations. the musical pulling in 13 nominations, including a nod for best musical three other musicals got nine nominations. kelly, i haven't seen any of them back to you. >> i'm with you. try to keep tony -- tony is broadway >> yeah. >> got it. >> last i saw was "a beautiful noise" w

wood told cnbc nvidia was a good stock that would check the box a.i. company the valuation at the time, she thought, was very high i wonder what she thinks now >> probably wishes she did not sell. >> maybe maybe it is too high and this is a hyped cycle a.i. bubble? >> she would not be the only person to think that with a jump like that in one day not something you almost ever see. >>> jpmorgan chase is developing a chatgpt like software service that leans on a.i. to select infi - investment for customers in the filing, jpmorgan chase said the product would tap cloud software with a.i. for analyzing and selecting securities other big banks have been internally testing a.i. software for uses like customer service and creating code. jpmorgan chase may be the first financial company aiming to tailor the product to customers. a trademark lawyer tells cnbc that jpmorgan chase must launch the product within three years of approval to secure the trademark. jpmorgan chase declined to comment. andrew, you can't get away from chatgpt and a.i. >> a lot of smaller

a couple exfed bank presidents saying don't hike, the cnbc fed survey, 59% say a hike would be a mistake, banking stocks saying there's trouble ahead and the fed staff and minutes saying they're looking for a recession because of banking concerns. the case for a hike the economy running hotter than the fed would like, the job market a surprise pause could spook markets thinking the fed sees data showing the situation is worse than the markets believe, even though they think -- they believe the bank situation is bad. a pause by the fed would buy time for banks to get their balance sheets back and keep the situation from getting worse and also likely have little impact on inflation because many of those hikes take time to filter in the economy if the fed hikes markets believe this will be the last one. the year end contract, 437 rate on the year end, 75 basis points of cuts built in from where the market thinks the fed will be at the end of today whatever the fed does, the expectation is that it's pretty quickly going to turn around and undo it. >> let me ask you a question, apart from the

let's get to tyler matheson for a cnbc news update. >>> here, folks, is your cnbc news update at thisas a toll on the russian invasion of ukraine and the u.n. confirming more than 8800 civilian deaths since february 2022 and cautioning the true toll could be even higher this comes as president volodymyr zelenskyy is in europe to shore up support from allies ahead of a planned counter offensive in the east of ukraine. heavy rains over the weekend posing a threat to the migrants crossing the u.s. southern border after the lifting of so-called title 42, officials from the national weather service said the deluge is expected to swell the rio grande river and make crossing even more dangerous amid the expected migrant influx, dhs officials have expanded the cbp1 app to allow up to a thousand people to make appointments to apply for legal asylum and more severe weather expected in the pacific northwest a weekend heat wave continuing today with cities like portland and seattle setting records. yesterday the hot temperatures also extending into parts of western canada, fueling the unprecedent

except on cnbc. on c. nbc everything is about money. censoring the laptop, the lab leak was all about money. follow the money all the way to china. now here's a concept that maybe cnbc can understand. you can have money and free speech, huh? you guys ever think of that? you can have both. i know cnbc usually interviews ceos if they think they could make a billion dollars they would rip their vocal cords out. musk is not ceo. advance the technology developer a product genius. a software creator. his brain doesn't worry about what everybody else thinks. he doesn't have time for that. plus, musk made so much money he doesn't care. he doesn't have to hold his tongue to keep his wealth. now the problem with the united states right now is that the more truth you tell or the bolder you are, the more you put your money at risk. not everybody has the luxury of free speech anymore. cancel culture killed it. now, everybody won't be able to make enough money to speak freely. i accept that we need to take the mob out. get our voices back. elon speak

here is your cnbc news update at this hour.rida governor ron desantis signed a slate of controversial bills today. they ban gender affirming care for minors and gender-affirming prone nouns and they have a super majority in both chambers and they are anti-lgbtq. l elizabeth holmes and sunny balwani will have to pay $452 million in restitution to the victims of their climbs and it was a last-minute man uf toreer to defer >> breaking his own mprevious record he guided a foreign climber. his first summit was in 1994 kelly, back over to you. >> i'm never doing that. >> what a guy. >> i love how tyler is so supportive and courtney and i are, like, no way. the home debate heating up again and many workers aren't happy with it. elon musk says working from home is morally wrong we'll discuss next “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most rel

let's start with the cnbc news update at this hour.in serbia have arrested a suspect after the second mass shooting in just two days. eight people were killed after the gunman randomly shot people at a series of drive-by incidents yesterday. this comes just a day after a student killed nine people in the first mass shooting at a school in the nation's modern history. >>> a ukrainian member of parliament punched a russian delegate at a meeting. the fight started after the russian official grabbed the ukrainian flag waved in protest behind another russian delegate. the two countries are set to meet with turkish officials this weekend to keep black sea open for grain exports. >>> immigration officers on the u.s./mexico border tell nbc they are sealing a rise in migration even before title 42's expected lift next week, which addresses social health, welfare and civil rights border agents are concerned about the backlog as agents take time processing individual claims instead of blanket deportation. the white house says it has taken steps t

universal is the parent company of cnbc. >>> we are gearing up for the trading day. is march factory orders and labor turnover survey. pfizer and ford and uber and starbucks are reporting. the fed kicks off the two-day policy meeting on wednesday with, services pmi and ism index. qualcomm and kraft is out with the earnings the fed decision is announced at 2:00 p.m. and followed by the jay powell conference at 2:30 p.m. it is the ecb's turn on thursday with the decision expected at 8:30 p.m we get results from ab-inbev we have friday jobs report at 8:30 a.m. and we have earnings from cigna and warner bros >>> we have the matter of first republic let's bring in sarat sethi to guide us through the trading day ahead. he is the partiner and manager f his firm how does the jpmorgan chase deal influence the trading day ahead? >> i think there was uncertainty here after the earnings, investors were concerned what with will happen here. you were seeing deposits leave and people and wealth management practice leave this takes away with the uncertainty for the market it takes a

. >>> plus, cnbc celebrating asian american and pacific islander heritage this month.s is cnbc svp of corporate transition >> i want to talk about some great advice i received early until my career that really spoke to me as an asian american in the workforce and it centered around two things the first was finding the activities that you were good at what are your natural strengths, things you build your career and craft around the second was finding the natural complimentary activities that create commercial value when you overlay the two together, you find a sweet spot of things that provide value to an employee that you can get paid around. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if y

. >>> and later, cnbc's annual disrupter 50 list revealed the ceo of chime, number 15 this year, will join us this hour. >>> markets sitting on modest losses so far. you see the dow down marginally and the s&p 500 off by one-third of 1%. nasdaq with sloppy results from paypal and skyworks, partly to blame. >>> congressional leaders headed to the white house to try to reach a deal to raise the debt ceiling. janet yellen raising the warning in a conversation with our own sara eisen last night. >> failure to raise the debt ceiling is really saying if the president and democrats don't agree to these draconian cuts, we're going to do something to bring enormous harm to american households that rely on the government and need -- and need to have jobs >> with us now, american enterprise institute economic policy analyst and cnbc contributor, jimmy and mark zandi. great to see you both. jim, i'll start off with you how do we get to compromise when neither side wants to compromise >> well, i think in the end, both sides will want a compromise i think what's important here is that, one, both si

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