bostic says 25 loeb does bottom fishing in amd. >> any excuse.arket is playing small ball look, we're in this range. it's been this slow grind lower. i think it kind of was wearing on people's tactical move. feeling like if this level doesn't move, we've got trouble. we didn't break down below the 200 day average. kind of tempted you to sell it below that for a little while. yes, boss stick saying he's in line for 25 basis points at this point. maybe took a slight bit of that hawkish edge away from what we've been trying to come to terms with, which was how high, how long it also shows, i think, that getting up above 5% on the short end of the curve is not necessarily something that stocks can't deal with it's really about the open-ended climb from there >> yeah, you're above 5 on the six-month on one year and approaching that on the two. the 10-year sitting at 4:07. it shows at least some level of resiliency the stock market didn't fall apart as you continue to move above 4. >> yes when we went above 4 in the fall, it was a three or four-week pe

. >> reporter: renowned harvard astronomer avi loeb teaming up with the new head of the pentagon's ufo office dubbed the all-domain anomaly resolution office together they say that interstellar objects detected in space could be signs of extraterrestrial life and that current sky mapping technology like the james webb space telescope could miss such objects. >> it could have been a mother ship that released some probes in the habitable region around the sun. we have a visitor to our backyard we should observe it at first. >> reporter: professor loeb now leading the charge to build better arrays of sensors to capture anomalies but saying for now everything is hypothetical, and his paper is really meant to remind ufo hunters not to forget the laws of physics. >> it's not just the report from military personnel are intriguing and motivate my work right now, i want my instruments to tell me what is really happening. >> reporter: meanwhile, more videos surfacing showing odd objects have been leaked to documentary ufo filmmaker jeremy corbell, who recently released pictures of an orb shape o

look, loeb's a pretty active guy. they trade in and out of stuff occasionally but this is just interesting to follow because it is one of the newer ones >> certainly scott thank you so much for bringing that to us. >>> still ahead, if you ever use residence zi to score a table, then you have venture capitalist matt higgins to thank. he'll join us next for businesses of all sizes, there are a lot of choices when it comes to your internet and technology needs. when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose a next generation 10g network that's always improving, getting faster; more reliable; and more intelligent to keep you ready for today and tomorrow. the choice is clear: make your business future ready with the network from the most innovative company. comcast business. powering possibilities™. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect

the latest move is dan loeb investing in chip maker amd. we will talk more about this after the break. >>> later, we talk travel demand and airline ticket prices with the ceo of priceline you are watching "squawk box" and this is cnbc >> announcer: this cnbc program is sponsored by truist wealth. where meaningful relationships matter most. can they help us improve our digital experience? absolutely. they've invested over $2 billion in tech. that could really help us manage inventory. and save us a ton of dough. then let's take back our market share. checkmate, chess heads. girls, i said “bedtime”! do you ever worry we'll live forever? no, it's literally never crossed my mind. what if we live to like 100? that's 35 years of being retired. i don't want to outlive our money. and i have been eating all these stupid chia seeds! i could totally live to be 100! why do i keep taking such good care of my- since we started working with empower, we're able to get all our financial questions answered, so we don't have to worry. so you never- no. never.

related stocks getting a boost after earnings >>> dan loeb's point taking a stake in amd we will telly from activists. >>> and the company telling workers you are hired on a remote basis and now the jobs are no longer remote it is friday, march 3rd, 2023. "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm rebecca quick along with joe kernen and andrew ross sorkin. andrew, welcome back. >> thank you nice to see you. >> where were you? where were you >> undisclosed location. >> in a bunker somewhere a hole in our hearts >> yes >> inempty seat >> you remember clint eastwood >>> let's check out

joining us is east group property ceo marshall loeb it's great to have you on the show, marshall how they be positive when everybody is worried about tighter lending standards, rates coming into with tighter interest starts. >> i'll preface it with i'm an optimist where i think it's positive and as we step back from it, a little over 160 reits, per the reit association there's 13 different sectors. in industrial it's positive and my description, a few thoughts, one is we heading into this downturn we're a little over 98% leased on the numbers we put out at the end of february and roughly call it in that same zip code as we wind up first quarter. i think the banking you'll see a tightening in lending standards. you read about that. so, that's already in effect the banks are already moving that way, and then the second thing, that's today, and then tomorrow i'm expected, i would imagine, there will be even more banking regulation as the reits usually it's the larger companies president average reit is about one-third leveraged as terms of their market capitalization. we're probably a l

i mean, 19% is buyer beware, but by the same oak toen, a couple days ago dan loeb said you have a contractght? now people are learning those aren't really bonds, wink-wink. i know earlier today deutsche bank redeemed some of the higher level of bonds, but that's one of the key e issues out there. what because it mean for all of banking in europe? how precarious is the banking situation in all of europe? >> well, the situation in europe is much more dangerous than in the united states. let's start from the size of the banking system is in europe which is about between 190-200% of gdp in most economies, so it's very, very large in terms of assets relative to gdp in the major economies. that compares with less than a third of that in the united states. a very important factor as well is that the european banks did not leave the 2011 crisis with a balance sheet that was strong enough. charles: right. >> however, what they have been doing is increasing call capital as much as they could in a period of negative rates. and here is the key issue. in the european union the european central bank imp

. >> physicist and harvard professor avi loeb says there's a possibility humans aren't the only civilization live in such a real id he's not a question. we just have to look out low teamed up with the pentagon office that investigates unidentified aerial phenomenon and they released this draft report that indicates it is possible that alien ships >> have already visited our solar system, specifically low thinks the first interstellar object spotted passing through our solar system in 2017. >> that was given the name a lot could be an extraterrestrial mothership lopes as a one watt didn't have the characteristics you'd find in media years or other known objects. we can see there possibility where an object this biggest someone well, which was and football field sized is a mother ship. he says the mother ship could have released smaller ships or probes to study our solar system after spending a long time to get here with chemical rockets. takes less than a billion years to traverse the entire me to a galaxy looks as along la was a ship. there likely wasn't life on it. instead, he believes it c

. >> physicist and harvard professor avi loeb says there's a possibility humans aren't the only civilization in the universe. whether we live in such a real id or mall is that the fuel suffolk? a question we just have to look out low teamed up with the pentagon office that investigates unidentified aerial phenomenon and they released this draft report that indicates it is possible that alien ships have already visited our solar system. >> specifically low thinks the first interstellar object spotted passing through our solar system in 2017. >> that was given the name a lot could be an extraterrestrial mothership lopes as a one watt didn't have the characteristics you'd find in media years or other known objects. we can see there a possibility where an object this biggest on one wall which was and football field sized is a mother ship. he says the mother ship could have released smaller ships or probes to study our solar system after spending a long time to get here with chemical rockets. takes less than a billion years to traverse the entire mookie. got see looks as la mora was a ship there

i think you've got to get the smartest risk ad visors on wall street, get a dan loeb who understands markets. get a larry fink who's been through this a hundred times at blackrock -- liz: is that what we're heading to, charlie? that long-term capital management moment? i know that was a lot of central banks -- >> well, no, no, that was a lot of bankers. i think you need something like that, a consortium of the smartest people, stop beating up on bankers all the time. get jamie dimon in the room, brian moynihan and try to figure this damn thing out -- liz: they're in the room right now. they had a 2-day meeting in washington d.c. it was a pretty busy schedule -- >> i think we need much more of a concerted effort -- liz: well, this is hitting the tape right now, charlie, that jamie diamond is meeting with lael brainard -- >> there you go. liz: biden's white house economic council who was the vice chair of the federal reserve. >> right, right. absolutely. yeah, i mean, you know, listen, he knows what he has to do. i think larry fink, from what i understand, is in all these meetings, con

has been an ongoing dialogue between salesforce and starboard, salesforce and third point and dan loeb and elliott. that's been going on for weeks and weeks at this point. >> marc has been very receptive. they like the product. marc was saying to you, listen, i'm excited to talk to these people maybe they have good ideas he's not in any way saying they have no good ideas >> no. the way it's been characterized by me is good faith conversations. >> yes >> but it did seem to me more recently that those good faith conversations were going to lead to peace that is clearly no longer the case >> yeah. >> where it leads is still unclear. and to your point, in the past, elliott has not gone to a proxy fight with paypal, but they ultimately got what they were after. they didn't go to a proxy fight with pinterest, but they did get a board member in fact, an elliott employee, steinberg, is on the board of pinterest. so, you can have settlements that are nonsettlements, so to speak, without a proxy fight >> you know, i'm kind of -- >> what do you think for the numbers themselves do you have any --

nice pop yesterday, our reporting of a passive stake, a new passive stake from third point and daniel loebin intel in which they're, like, look, we want you to do more to be more like amd they're eating your lunch. and then it's like, you know what, intel? forget it. now we're just going to buy amd. we'll go where the winners are it's just less headache and hassle, and maybe representative in some respects of a stock that, you know, amd was, what, 80 bucks now it was, i don't know, the october lows, it was in the 50s. >> it was. >> and they saw that as an opportunity, and started buying it when it was down, and it was, what, in december, it was still in the 60s low 60s. and here we find ourselves, giving a little bit back today but on the doorstep of 80 bucks. >> one of the many investors who benefitted from the increase in the stock so far this year and to your point, $128 billion market value, versus intel, which is down 1% -- a little over 1% this year, and once-mighty intel has $107 billion market value, trails that of amd by $20 billion. we can all remember the days when the question

this was dan loeb last night he said i would say all is well that ends well, but i think this story is well, i think that there's something in between that. we have a number of banks that are going to have to take advantage of what the federal reserve did last night which is to be able to make it so they can take their held to maturity bonds unfortunately, i know this is obtuse and will they need capital raises i don't want to be -- i think the issue is we all know, and david knows this there are some banks that are on the wrong part of what the fed wants, which is that they don't have sticky deposits and they're going to have a big problem keeping their deposits and their other banks, chiefly great banks. we talked about jpmorgan, wells fargo, and we're also talking about bank of america, that aren't in trouble and would be the beneficiary of this. i think it's over for some but not for others but today would be a day where people say we have the bonds going crazy, interest rates going lower. that's actually good for these banks. but it's viewed as a flight to quality. i don't know, w