oatley is at $20.12, went as high as 22 and change.last night t high end of the range giving it a valuation of $10 billion, but the plant-based milk maker isn't the only food company trying to entice environmentally-focused investors. agricultural tech firm app harvest grows tomatoes at a 60- acre indoor farm in kentucky. it recently released its first earnings report since going public via spac, and the sustainably grown tomatoes are available in national grocery store chains such as kroger, meijer, walmart and who knows next so let's find out joining at a fox business exclusive the ceo and founder of app harvest, jonathan webb. great to have you back here. i mean, what does the debut of oatly tell you about investors and consumers taste appear to be shifting. >> agriculture and the food sector as a whole is right for disruption, and i think 20- 30 years from now you'll see a lot of different companies dominating the grocery store aisles and american plates as we're seeing a swift transition and that's natural, it happens overtime. ag

out tomorrow and that will be a topic of discussion carl >> seema, thanks. >>> keeping our eye on oatleyd currently around 21.50 or so nice pop, although the last two minutes of trading, guys, see where it goes after talking to the ceo earlier this morning on "squawk." >> yeah. and moving on now, carl. the end of an era. microsoft is passing off, last day, june 15th of next year. and early days, accused of killing rival grounds of managers in a turf war and now up less than 2% of the global market according to analysts part of the problem, ie wasn't very mobile. overtaken by challengers survived by the edge browser microsoft is now placing eff efforts. what happens when we welcome change? we can transform our workforce overnight out of convenience, or necessity. we can explore uncharted waters, and not only make new discoveries, but get there faster, with better outcomes. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change-- meeting them where they are, and getting them where they want to be. faster. vmware. welcome change. new projects means new proj

. >>> keeping a close eye on an ipo of the swedish oatmeal maker oatley set to debut on the nasdaq and yet, morgan haven't seen it begin trading yet. $10 billion valuation raising $1.3 billion. >> a big fan of oatley and coffee but surprised by valuation. another ipo. $9.6 billion diluted basis for a cloud offer going public pro corp. a crazy, crazy volatile market this week. and pulled off the docket last week others. that does it for us here with "squawk on the street. all major averages higher. nasdaq 100 up 1.5% effective on pace for gains this week "techcheck" will start right now. ♪ >>> welcome to "techcheck" on this thursday morning. i'm carl quintanilla with jon fortt and deirdre bosa what an hour coming up the crypto comeback. the fierce fall and rise is it a bubble or blister? our next guest is calling it

why, what is the thinking behind that just as oatley become super hot. >> yeah, so outside of the u.sr largest business is non-dairy beverages. we're a leader, we've been growing double-digit, we're very well positioned in the market as an innovator but here we were in the shelf stable part of the market, the growth is in the refrigerated case, we were in soy, the growth is in oat so it was a relatively small business for us that wasn't generating significant profitability and we would have to do a complete re-launch to get into the end of the market that was growing and quite frankly, we have so many brands that have growth potential it's about being choiceful in terms of where you was in to place your bets and where you have the most upside. liz: well you guys are watching the trends mark great to see you please come back. the fed says that these prices are transitory i don't know, we'll see. we'll see thank you very much. >> thanks for having me. liz: will we or won't we see president biden compromise with republicans to get started on rebuilding the nation's infrastructure? well,

the fact that supposedly nondairy milk is better for the environment so that's another benefit for oatleyhe big guys, get they're oatly back >> they are >> thanks, leslie piber. >>> thanks ask halftime is coming up. send your questions by video, we will play them on the air. e-mail us at askhalftime@cnbc.com we're back right after this. r that thrills you. like sports cars with three pedals. trucks that take you to incredible places. colorful crossovers. and cars loaded with technology. and there's a car company that believes that too. one that has been delivering thrills for over 80 years. this is the new nissan. ♪ ♪ confidence is at the heart of everything we do at carrier. our systems fill buildings and homes with healthy, clean air. we detect and put out fires, and help people stay safe and secure inside. our innovations keep foods and lifesaving medicines cold and fresh until they reach those who need them. at carrier, we create solutions to help you build a brighter future... esg is responsible investing. who's responsible for building esg into your investments? at pgim, the pursuit