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vmware makes connected multicloud possible.es it powerful. >>> welcome back the energy crisis in europe and concerns of our energy security in the u.s. is forcing officials to take another look at nuclear power as an option to keep the lights on for millions that renewed focus giving uranium stocks a jolt. pippa stevens has that story >> seema, in an otherwise lack luster month for the market, uranium stocks are a bright spot investors are piling in the space with the bet it will see a surge. two funds that track the system are both in the green over the last month cameco up sharply. paladin also rallying. companies focused on u.s. production including energy fuels. nations around the world are pointing to nuclear's response with the europe in the throes of the crisis the eu recently designated nuclear as green under the tax system of sustainable investment japan and south korea will add more nuclear in the u.s., california lawmakers voted to keep diablo canyon online. assets in global nuclear and uranium topped $3 billion this

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vmware makes connected multicloud possible.werful. >>> if your car lease is almost up, be prepared for a different landscape at the dealership. we have phil lebeau with more on how things have changed. >> melissa, a lot of people are hearing about this for the first time re reacuisition fee one of four vehicles add a dealership was leased. they consider those sales. they were leased now it has dropped down to 17% part of the issue is more consumers opting to buy instead of lease the dealerships and automakers are offering fewer to lease. less volume and inventory. automakers and dealers would rather sell than lease a vehicle. many have cut leasing by 30% look at the change in the monthly payments for leasing and buying and what is happening in the last year. the gap twin between the two ha wi widened. it is almost $600 a month on average. if you like to lease a luxury vehicle, you will pay a lot more than that. look at the dealership stock remember, typically people after a three or four-year lease, they will go into another le

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vmware makes connected multicloud possible.werful. >>> welcome back to "squawk box," everybody. the futures this morning under pressure dow futures down by 250. s&p 500 off by 33. the nasdaq down by 115 joe? >> we're watching the shares of volkswagen the carmaker says it's targeting a valuation of up to 75 billion euros for portsche we're expecting more details today. shares are going to start trading in ten days. you can look at the shares of porsche. you can see up $1.44 this morning. >>> still to come this hour, world bank president david malpass will join us next, though, we're going to take you back to the uk for more on the funeral of queen elizabeth ii "squawk box" is coming right back i may be close to retirement but i'm as busy as ever. careful now. nice! you got it. and thanks to voya, i'm confident about my future. oh dad, the twins are now... ...vegan. i know, i got 'em some of those plant burgers. nice! nice! yeah. voya provides guidance for the right investments and helps me be prepared for unexpected events. they

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vmware makes connected multicloud possible.> now the answer to today's aflac trivia question. what year was "the new york times" founded the answer, 1851 >>> still to come this hour, david rubenstein will join us for a wide-ranging conversation on the interest rate hike. plus the first japanese intervention in the fx market in more than two decades. you don't want to miss it. >>> as we head to a break, a reminder, you can get the best of "squawk box" on our daily podcast. there's a code at the bottom of the screen scan it and listen any time. we're back after this. for 65 years, responsibility has been central to our client relationships and long-term perspective. it's part of our heritage. and it's the foundation for our future. pursue active investment strategies at federatedhermesinc.com shh! stealth mode? yeah. [cricket sounds] shh! shh! [light switch clicks] don't pta meetings end at nine? -it ran... late. -oh got lost. the lexus rx built for modern families. ♪ ♪ >>> what we hear from people when we meet with them is that

down the road, there is a vmware deal. stacey: i think they will be ok, fingers crossed. is strong. as of last quarter, there is semiconductor backlog was $20 billion. one, deliberately has not been to everything -- broadcom deliberately has not been shipping everything people have been ordering. -- be watching if that backlog starts to pull in. the biggest thing we are watching is there commentary tone, specifically around data, hyper-scale, and enterprise. sometimes art mixed. broadcom is fairly credible. they will tell you what they are seeing. if they say the paper scale is still strong, that is positive. if they say things are starting to leak my people would take that as indicative of what is going on. kriti: we are seeing a dollar they get stronger and stronger, hitting a record high today. how much of that weighs on chipmakers bottom lines? stacey: not a lot of direct impact from currencies. almost all companies are priced in u.s. dollars. u.s. products get more expensive but do customers buy less? or do they put cheaper parts in to make cap for differences? there

you need cdw to implement vmware cross cloud services. a portfolio of multicloud solutions.peed innovation, and secure all of your applications. how did you get here?! [watch: the backdoor is open.] vmware makes connected multicloud possible. cdw makes it powerful. our internet isn't ideal... vmware makes connected my dad made the brilliant move to get us t-mobile home internet. oh... but everybody's online during the day so we lose speeds. we've become... ...nocturnal. well... i'm up. c'mon kids. this. sucks. well if you just switch maybe you don't have to be vampires. whoa... okay, yikes. oh sorry, i wasn't thinking. we don't really use the v word. that's kind of insensitive. we prefer day-adjacent. i'll go man-pire. >>> welcome back to "squawk box. after two days of deliberation and likely debate, the fed is going to be delivering its decision on rates coming this afternoon. ahead of that decision, we're going to have our own debate on the path of rates and with that we have seth carpenter, rick santelli and our own steve liesman. i'm going to start from first to last or

so far we have seen blockbuster deals from microsoft, 69 billion for activision, broadcom vmware, 61 billion along with smaller deals. private equity firms like vista. google koopg up mandiant for six. the question for investors is who is next. adobe's productivity play could spell chdanger for for when you consider the concurrent pressure to buy back shares. how does buyback and m&a co-exist in this environment >> yeah, and i'm not saying asana or sam sarah are going to do deals they are found are led i was talking to the founder and ceo of sam sarah a couple of days ago it's interesting the reason why the deals are happening. we talked about the defensive and aggressive nature of this adobe deal for figma opening up new markets, maybe transitioning some existing users who are out there in the marketplace into a deeper relationship with their software if you look at pro core, for example, which is in construction management cloud and saas and look at something like an autodesk, which is in another part of that value chain, you can see how some of these things could hypothetically fi

enterprise focused software that is much more stable and high margin they're trying to buy vmware right now which will bring the software semi mix to 50% >> broadcom's ticker is what, avgo >> that's right. it used to be ahavingo highest margins, it's one of the cheapest things in the space there are some of these more secular stories that are exposed to -- but they've been punished maybe a little too much. in my coverage i throw in companies like amd and qualcomm into that category av is exposed to some of these markets, but they've been powering through like a champ because their product executes have been phenomenal and they're taking tons of share qualcomm, anything touching a smartphone has been death, they make chips for that. but their mix within smartphones is much better, much more high end, it's preserving them and i think the setup for qualcomm next year looks really, really good they get more samsung volume smartphone comparison will look really easy next year. and people worried that apple's going to go away it won't go away and ten times earnings >> wonderful insights, ency

vmware makes connected multicloud possible. ey entrepreneurs access network has a tremendous impact on my business because it's given me networks, access to capital, and access to opportunities. the level of coaching that i get has had a tremendous impact. it allows companies like mine and others to grow, and it closes the wealth gap in this country. (police radio call) (sirens) (news report) (sirens) (news report) >>> welcome back to "squawk box. oracle posting earnings, and blaming a stronger dollar and said that would continue to be an issue for the company the dollar index up about 12% this year. take a look right now, we're at about 107.80 and kathy, what do you think, we have a lot of currencies moving around obviously what we are seeing in europe and asia, and let's talk about the dollar and the strength of it or the lack of it >> this is a big year for the fx market, and we have seen an incredible expansion and volatility in fx, and that's causing a lot of pain for companies across the globe a lot of companies have beco

vmware makes connected multicloud possible. cdw makes it powerful.ning trading app makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. >>> coming up, our can't miss atterview with lee cooperman th's after the break th's after the break "squawk box" coming right backa? a new way to transform our agency. strategy to execution. oh, looks my laces have come undone. a business card? yes, for ey. tech expertise? $2.5 billion invested. impressive. okay, you've convinced me, i'm back. just gonna... get this... p >>> our next guest says equities are the best place to be right now in the financial asset neighborhood, the only thing is he doesn't like the neighborhood joining us with an exclusive interview is lee cooperman lee, y