parting ways with jon stewart over content concerns with china and a.i. later, a solar power outage that took down the entire sector today. oracle's friday flush, the ripple effect on software stocks and, the "options action" on amazon ahead of the busiest week in earnings. on the desk tonight, tim see your, karen finerman, and guy adami. regionals dropping more than 12%. earnings falling short of estimates. regions drop rippling through the sector. the weakness coming as the ten-year continues to hover around 5% for the first time since 2007. that historic jump in yield contributes to broader market volatility. the vix closing up 21, up more than 12% this week. markets closinging lower. as we get set up for the busiest week of earnings season, will rate fears continue to be the driver of the markets? guy, what do you think? >> i think so. kre, huge bounce off april lows. think we got down to 38 and a half, trade up to 48ish. i think it's going to give it all back and we go back to 34 1/2. then does it hold, bounce, or is there something more nefarious? g

[ laughter ] >> jimmy: who are jon stewart fans >> those are jon stewart fans. >> it's a very mixed audience. [ laughter ] >> jimmy: i'm so happy that you're hosting the show. i'm excited for you. and you more than deserve it and ice spice is the musical guest. >> yeah, ice spice >> jimmy: it's a hot show this saturday pete davidson, ladies and gentlemen. [ cheers and applause catch him hosting the season premiere of "saturday night live," this weekend with musical guest ice spice. troye sivan joins us after the break. stick around, everybody. [ cheers and applause ♪ you deserve better than that. i'm hungry, i'm in a hurry, i don't have time to make anything healthy. you could if you had a blendjet. blendjet? it's the portable blender that makes the healthy choice the most convenient choice. i don't know. it seems like a hassle. hahaha! wrong. just pour in some milk, add some frozen fruit, and bam! you've got a nutritious and delicious smoothie. mmm! that is good. you're welcome, sad office guy. get yours today at blendjet.com are we in in an ad? we sure are. [s

i don't think that will happen, but someone would pick up jon stewart in a second and say, listen, dorobably not amazon. probably not disney. >> or netflix even maybe, i don't know. >> netflix probably would. netflix would probably take a jon stewart show. >> we've got to go. >> they've shown a willingness to be open. >> we've got to run. we'll see you, thank you so much. "squawk box" coming right back after this. why choose a sleep number smart bed? because only the sleep number climate360 smart bed lets you each sleep up to 13 degrees cooler or warmer on either side, while you both sleep at your ideal level of firmness, comfort and support. your sleep number setting. and now, our new next gen smart beds have temperature benefits, so you sleep better night after night. and now save up to $500 on our new sleep number smart beds. sleep next level. shop for a limited time only at sleep number. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab

they've had jon stewart on.o it's like watching all of the late night at once, but not watching at all. >> you're listening because it's podcast. >> you get a little more late night. yeah. for all your senses. i like it. i'm just glad they're back. i know i need to one to recap how i feel. >> okay. we have good news tuesday coming up next. >> and the 104 year old woman who jumped out of a plane. we'll show you. >> we are a unique law firm that only represents mesothelioma victims and their families. do you have questions about paying medical bills, getting the best medical treatment, finding a specialist or learning about the newest treatments available? well, we've been offering free information about mesothelioma to victims and their families for over ten years. call us at one 800 511 5400. i've got a mailbox. com that's one 800 501 5400. >> stay tuned to get this five piece ultra nonstick bakeware set free from granite stone. are you tired of pots that burn lids that don't fit and pans that stick? you know yo

just tell me if jon stewart was there. >> john: he was there. >> stephen: all right. okay.e asked about returning to work. >> you're about to go back to work. are you happy? >> yes. >> wow. >> stephen: no hesitancy. no hesitancy. >> john: no even sense of fun in the voice. "yes. it's time for him to get back to work." >> stephen: we have to take a quick break here mr. oliver. we'll be right back with more of that guy. stick around. i hahave moderatate to sevevere crohn''s diseasase. nonow, there''s skyrizizi. ♪ thihings are lolooking up ♪ ♪ i've e got symptotom relief♪ ♪ c control of f my crohn''s memeans everytything to meme♪ ♪ ♪ controlol is everytything to ♪ feelel signifificant symptpm relilief with skskyrizi, inincluding leless abdomininaln and fewer r bowel movements s at 4 weeksks. skyrizizi is the f first and d only il-2323 inhibitor fofor crohn's that canan delir both clininical remissssion and endoscscopic improrovemen. the e majority o of peopople on skyryrizi acachieved lonong lastingg remissssion at 1 y year. seserious allelergic reactcts and d an increasased r

like conan is pale male and jon stewart is doofus and you are the common man who is a character the playstephen: when i call you it says the common man is calling? >> j>> john: that's very funny. >> stephen: there is some part of you that is you that you can never retrieve but if you gave up that part of you you wouldn't be you anymore. and part of recovery is introspection and examining yourself. what did you learn about yourself in this process? we did you mean like what did i learn sort of core? >> stephen: i'm not going to ask it again, it was a good question. >> john: is a very good question. what did i learn about myself, i am a happy person. i have come up for some reason, set up various obstacles in my own way to -- that have left me sometimes pretty riled up and disoriented. but i am at my core a happy person. and it's okay for me to protect that by living the life i want to live. i am very lucky, i have a very good life and i don't want to be -- i don't want to be the reason that that gets complicated. [applause] >> stephen: david byrne, the great david byrne. i saw you live. i

. >> stephen: just tell me if jon stewart was there. >> john: he was there. >> stephen: all right.k to work. are you happy? >> oh, yes. yes. >> wow. >> stephen: no hesitancy. >> john: no even sense of fun in the voice. just "yes. it's time for him to get back to work." >> stephen: we have to take a quick break here, mr. oliver. we'll be right back with more of that guy. stick around. (♪♪) honey... honey... dayquil severe honey. powerful cold and flu symptom relief with a honey-licious taste. because life doesn't stop for a cold. dayquil honey, the daytime, coughing, aching, stuffy head, fever, honey-licious, power through your day, medicine. ♪♪ trick or treat! - kit kat. - reese's. ooo, great costume. looks like you deserve both. see ya boys. ♪♪ if your moderate to severe crohn's disease or ulcerative colitis symptoms are stopping you in your tracks... choose stelara® from the start... and move toward relief after the first dose... with injections every two months. stelara® may increase your risk of infections, some serious, and cancer. before treatment, get tested for tb. tell you

plus, she was a field producer at the daily show with jon stewart and has written for the late show with david letterman and borat. subsequent moviefilm. she recently appeared in the sundance movie hit sorry hit movie palm springs and her latest stand up special lady killer is available on peacock. also, she will be performing tonight at the den at 8 p.m. and tickets are still available online or at the box office. lindsay hunter is the author of two story collections and three novels. her newest novel, hot springs drive, will be published by roxane gay books in november 2023, after the event, the books will be available for sale outside along with the signing. so welcome and thank you for being here. check, check, check, check. jenna my first question why jena friedman man and not jenna freed woman. well, when my great grandma garcia came over on ellis island, i think now there is a mythology in our family. i guess not their side of the family. other side of the family may have a cousin here. this is really boring. i don't know what i'm talking about. so next. i don't know. thank you fo

talking last week, we were all talking last week about tim cook's visit to china, and also, the jon stewartking a shot at china and why maybe that show was pulled. there is pressure on u.s. corporates anywhere in this country to act a little bit -- to act more definitive in terms of america democratic principles around the world? >> well, certainly, i don't think that that's an official government position, tim, but to your point, we have seen customers, we've seen shareholders, really take a look at how countries behave and where companies are invested, and to try to put some pressure on companies to have some principles and standards. but in china, there seems to be a bit of a double standard here, as you know. many companies fall behind, following the local guidelines and local laws. but the real challenge, tim, is when chinese laws are in contradiction withu.s. or other laws, which ones take precedent? and companies are in a tough spot trying to figure that out. if they act one way, there could be repercussions in china, if they act another way, there could be repercussions here. i don'

then we get these reports whether the jon stewart show was canceled over some comments over china woreg to say. >> and ai. >> is there a bit more activity now? perhaps all of this is coming -- you just wonder about the timing of all of these events. is there really a pickup in the way or maybe the degree to which the apple china relationship isn't as comfortable as it used to be. >> they both need each other too. we talk about this a lot. apple provides gobs of jobs. they literally bus people into these iphone factories from rural china, into wherever they build these iphones, they need those people employed too. that's why i kind of view this as saber rattling because they're not necessarily making an action, but kind of like nice iphone, shame if anything happened to it. letting them know who is in control here, which is really interesting. >> china needs those jobs but it's also clear young people don't always want those jobs anymore and leadership is trying to signal it's able to provide better and different ones. >> it's a mess. >> i agree. it's interesting to see apple is shruggi

n the list includes joaquin phoenix, cate blanchett, jon stewart, kristen stewart. are they related or married? and susan sarandon or sarandonua cares. now, i don't know about you, but i don't think biden should make a movn stew agoe he hears from equally important actors like gary busey or the dog played eddie on frasier. >> it reads in part, quote, we urge your administration and all world to honor all all the lives in the holy land and call for and facilitate a cease fire without delay, an end to the o bombing of gaza and the safe release of hostages. and i said that as an afterthoughtf hostages. s >> now, remember, these are the same people whose union is aint war with the studios. >> they can't find peace in beverly hillsthe go, let alol the golan heights. and yet they got a thousand year old conflict. i'll figure it out. by the way, how about a ceasasef fire? hamas opens fire. then we wouldn't be in this mess. irthankfully, though open lette from stars have had the same impact as mail from publishersmm clearing house. but it's not just in hollywood. googly eye

and then the third thing and i think this is what like jon stewart mill said, one of the good things that the government can do is collect a lot of information and then disseminate it. so one nice thing about your bill is improving the knowledge that we have about what antitrust policies work and not work. i mean, when i was at the doj, it was always surprising that we would allow these mergers to happen and then we never followed up this years later to see if it was right. >> and i'm sorry, my mind just went to something else. >> but i would think that's one of the most important aspects that we can have. and then we could learn more about what markets are susceptible to tacit collusion. is there a specific threshold? like one study found once it went beyond eight sellers, the use of pricing algorithms became quite vigorous. and so we just need to have a better understanding and the united states can play an important role in that. >> one of the most pressing issues is not enough affordable homes. we just talked about that single family starter homes, the like mr quintero, doctor qu

lisa: did you see that jon stewart pulled out of this apple production over the weekend because he wasand talk about china in a certain way and he was told he should not do that so he stopped his production entirely, which gives you a sense of the controversy. meanwhile, speculation around the bank of japan making some kind of policy move this month growing as the yen tests 150 against the dollar. everyone saying intervention. a report by nikkei business daily fueling suspicion -- i take your point, this has significance not just for the yen but also for yields. tom: euro-yen as well, i have that it 159.05. i have not done the technical work of were strong euro, weak yen upsets the apple card. it shows me the tensions there and inflows from japan, not interest rate analysis. lisa: that is exactly it. how much are these flows what will drive the next leg higher in yields? what is behind it? we do not know at a time yields are highest in the u.s.. tom: this is a conversation i had over the weekend. all of this bowtie babble. is manus cranny going to wear a bowtie? manus: no. there is no