andrew ross sorkin will join us to discuss. and later, this could say everything that you need to know about the state of republican party. one gop candidate won his primary from inside a prison cell. >> well certainly. not about the whole republican party but about a lot of people that donald trump is endorsing with a history of violence against their wives. >> he's facing charges. >> so violence did he commit. >> he's facing charges of murdering his wife. >> oh, wow. >> yeah. plus mark esper describing the lengths he went to, to control former president trump. >> i come up with this idea, mark milley and i discuss it, what we call the four noes. the four things we have to prevent from happening between then and the election. and one was no strategic retreats, no unnecessary wars, and no politicization of the military and no misuse of the military, as we went through the next five to six months that became the metric by which we would measure things. >> the former defense secretary will be our guest tomorrow right here on "mor

andrew ross sorkin will tell us about it. and clint watts has taken the big board away. >> this is war. >> he joins us next with the maps. we're back in a moment. he maps we're back in a moment there's a different way to treat hiv. it's every-other-month, injectable cabenuva. for adults who are undetectable, cabenuva is the only complete hiv treatment you can get every other month. cabenuva helps keep me undetectable. it's two injections, given by a healthcare provider every other month. it's one less thing to think about while traveling. hiv pills aren't on my mind. a quick change in my plans is no big deal. don't receive cabenuva if you're allergic to its ingredients or taking certain medicines, which may interact with cabenuva. serious side effects include allergic reactions, post-injection reactions, liver problems, and depression. if you have a rash and other allergic reaction symptoms, stop cabenuva and get medical help right away. tell your doctor if you have liver problems or mental health concerns, and if you are pre

andrew ross sorkin has business before the bell. straight ahead on "morning joe." but first, there are a number of new developments this morning with the war in ukraine. ukrainian president volodymyr zelenskyy is accusing moscow of waging a war of extermination, trying to starve the ukrainian people and crush their economy. in an overnight message he said russia is shelling food and grain and fertilizer warehouses across the country. at the same time ukraine said russian forces have stolen several hundred thousand tons of grain from southern and eastern ukraine. and zelenskyy said a russian blockade of ukrainian ports is preventing millions more tons of grain from being exported. he said that play trigger a food crisis that could spread across europe, africa, and -- >> and as we've seen, so many times during this conflict, this conflict, the past is prologue, so many memories being churned up over the last two months but let's go back to the fact that in the early 1930s, it was russia, it was soviet russia that sealed off borders and deliberately starved 3 to 4 mil

we'll bring in cnbc's andrew ross sorkin to see what they look like today. and the leaders of sweden and finland meeting with president biden right now at the white house. retired four star general barry mccaffrey will join us for the latest on the war in ukraine and the significance of those two nation's imminence into nato. "morning joe" is coming right back. we are her teachers, her therapists, chefs... oh, that's why we're tired. it's because we're doing it every single day, all day. how do you like learning at home? i kind of don't like it. i kind of don't like it either. i just want you to have everything. everything that you want in life. ♪♪ ♪♪ ♪♪ before treating your chronic migraine— 15 or more headache days a month, each lasting 4 hours or more you're not the only one with questions about botox®. botox® prevents headaches in adults with chronic migraine before they even start—with about 10 minutes of treatment once every 3 months. so, ask your doctor if botox® is right for you, and if a sample is available. effects of botox® may

joining us now, co-anchor of cnbc squawk box, andrew ross sorkin. we've been talking all morning about this dpraft decision from the subpoena which looks like the country is headed toward striking down roe v. wade. we've been talking in the last several weeks alone about florida and disney an the legislation down and there and companies having to step into the fray and take a stand at their political peril. you could imagine what is about to happen, the pressure that is about to be brought by employees, by consumers of some of the major companies. >> i don't have to just imagine it, willie, coy tell you i've been on the phone on texting with ceos all morning who themselves have been getting emails and texts from their own employees on this issue already. which is to say, what are these business going to do, are they going to speak out, are they not going to speak out? it is a big, big issue. amazon, i should just mention announced they are paying for employees who need to go out of state for abortions. this is before we heard about this news. so you

andrew ross sorkin will be here to explain. and lawmaker are trying to find out what is behind this video that was released by the department of defense last year. this morning they're holding the first hearing in decades on ufo's. we'll be right back. we'll be right back. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. ask your rheumatologist about cosentyx. (johnny cash) ♪ i've traveled every road in this here land! ♪ ♪ i've been everywhere, waman. ♪. ♪ i

betsy woodruff swan has the reporter on this and andrew ross sorkin will explain how the biggest interest rate hike in over decades and later russianez break through ukrainian defenses in a mariupol steel plant for the first time. we'll speak to former ambassador derek shearer. all of that still ahead when "morning joe" returns. we hit the bike trails every weekend shinges doesn't care. i grow all my own vegetables shingles doesn't care. we've still got the best moves you've ever seen good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but, no matter how healthy you feel, your immune system declines as you age increasing your risk for getting shingles. so, what can protect you? shingrix protects. you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was obser

. >> andrew ross sorkin. in west virginia two incumbent republicans vying for the same seat in congress one endorsed by president trump. the other backed by democratic senator joe manchin and the republican governor. flu still spreading with summer coming the latest flu surge in 40 years. what doctors are seeing and recommending >>> why finding a new home may finally be getting easier. testing drugs so fentanyl doesn't kill users and being built this. >>> they wanted a shootout and they were ready to kill. te skapd inmate who survived capture after 11 days on the run, had a car full of deadly weapons. admitted he was ready to fire at cops and confessed he was prepared to die. that was what the sheriff revealed today after the fugitive pair med freedom's end in the indiana county he protects sheriff david wedding says officers stopped that from happening when altogether they rammed their vehicles into the getaway car and crashed it into a ditch. >> by our quick thinking and al action sometimes people may call

cnbc's andrew ross sorkin is with us now. "squawk box" co-anchor the question, i suppose, is will we see signs that inflation may have peaked? what do you see? >> i think there's actually an expectation that we may see it has peaked and if it has peaked, i think that will be a very good sign for the markets and in this environment given the vol volatility, everybody is looking for something that looks positive having said nthat, if it doesn' look like it's peaked, president biden is right, it could still continue, but the expectation is it could come down if it's worse than people expect, that's going to make -- create a view that they have to act more which means more increases in interest rates and that is the question what does the fed do >> the fed may not be able to contain it >> there's no question the fed has a -- the fed is -- has a great conundrum in front of it. the administration, president biden has a great conundrum in front of him because there are not very many tools that can solve this problem because the prob

. >> let's bring in andrew ross sorkin. what do you make of this consumer price jump and the numbers this morning? >> look, the truth is -- and i'm listening to what both of you have been saying. you're spot on. this is not the kind of report you want, because it does mean that things are much hotter. that puts a lot of pressure on politicians, but there's nothing they can do. and then on the fed and they're the only ones who have any instrument and it's a blunt one. if you are the federal reserve do you try to put the economy into a recession? is that really your only option? demand seems to be remarkably strong. wages continue to be high. that's sticky, by the way. that's not going down any time soon. we're seeing it in the food and gas prices. housing prices have been stubbornly high, again, great if you own a home or are trying to sell a home, bad if you think about the broader economy. you're seeing it today even before the market opens this morning. the futures were up across the board. they have gone the opposite dir

whether it is truly a bottom, hard to know. >> cnbc's andrew ross sorkin. not sure what you did this morning but we appreciate it. >> what he does every day. he provides critical insight into thinks we know very little about. >> what do you want me to tell you. you want me to tell you whether to buy or sell. i don't know. nobody knows. a lot of smart investors are starting to buy right now. but the problem is you could be smart for a day and then you could also sell tomorrow. and most of our viewers, i don't think that are watching us now are buying and selling every day. >> don't you have a button to hit like jim that makes sounds and sirens, something that snazes things up. like buy, buy, buy. >> i have great admiration for jim but that is not my business. >> thank you, andrew. >> see you tomorrow. >> coming up, a look at stories making front page headlines across country, including texas governor greg abbott using $1 billion meant to combat covid to fund arrests at the border. also new big plans for baseball's iconic field of dreams. >> that is exciting.

i'm rebecca quick along with with joe kernen and andrew ross sorkin check it out we have seen quite a week. especially yesterday if you look at the u.s. equity futures, a slight pull back. dow down 133 s&p off 25 nasdaq down by 108 this comes after the fed fueled relief rally dow up 1,000 points. a gain of 932. that is about 2.8% by the way, it was the least best performer s&p up 3%. nasdaq up 3.2% it all came after the comments from jay powell. the treasury markets took all of this in stride what happened was it was already priced in to the markets 10-year rate is where it was yesterday. you are talking 2.954% 5-year treasury is lower it is at 2.938%. 2-year is 2.83%. the crude oil is rising again. a lot of concern with russian oil which is no longer used in the eu right now, wti up at $107.88 that makes you wonder. andrew, we have the man who sparked the rally with this question >> lies-mania. 6:02 in the morning. the fed sparked rerlief rally he may be responsibility steve. >> thank you, andrew just doing my job. i guess my promotional people are writing the intro. the federal rese

i'm joe kernen along with andrew ross sorkin. becky quick is reporting live from omaha, nebraska she spent three weeks out there. more on the headlines from the berkshire hathaway meeting -- >> you mean three days. >> no. in omaha it's three weeks you can spend in one weekend is why said that. work with me i'll be here all month crude prices -- crude prices -- no omaha is great i'm kidding. might be a little quiet for someone used to manhattan, but, you know,that's salt of the eric out there in that flyover, what you would call a fwlieover >> i was there i landed. >> i know. the ten year, last we looked was 292. we've got a fed meeting this week there you can see 291.8 on the ten-year, beck. >> yeah. markets are moving things are responding. as you mentioned, warren buffett holding court in home omaha this weekend. his first in-person annual meeting in three years he made headlines as he revealed that berkshire increased its stake in its holdings. first up, filed an increase. it took the energy giant to $26 billion in the first q

i'm rebecca quick along with joe kernen and andrew ross sorkin. we made it it's friday. thankfully this is a heck of a week if you are watching the markets thankful they will close for two days after today however, u.s. equity futures are harply in the green. dow futures indicated up 260 points s&p futures up 40. nasdaq up 172. this is after declines yesterday. the gains we're seeing today for the week, it has been a heck of a week. the dow down 3% week to date nasdaq off more than 3.5% for the week. if you are talking about down from the highs down 15% for the dow 19% for the s&p 500. down 29.75% for nasdaq there you go >>> let's see what is happening with the treasury yields they are higher this morning the 10-year yield is 2.846%. r andrew. >>> let's talk with the wild story. elon musk reporting that the business insider reporting that musk paid $250,000 to a flight attendant over a sexual misconduct allegation. we have not received a response. musk responded on twitter about the article. saying the attacks against me should be viewed through a political blens this is

ross sorkin. it is friday after a heck of a thursday and week. check out the equity futures you might expect we have seen relief rally if that is the case, go back to sleep. that is not happening. dow futures indicating off 31 points again, this comes after the big declines we saw yesterday. nasdaq this morning down 31. s&p off 7. yesterday, the market gave back all of the gains from the relief rally wednesday and then some. dow was down 1,063 points. a decline of 3%. it was the best performer. the s&p was off by 3.5%. nasdaq plunged by 5% it was off its worst levels of the day. still the worst day since june of 2020. for the week so far, the dow is flat the s&p is up by .30%. the nasdaq is down only by over .10%. this comes after several volatile sessions and the huge flush last friday. everybody thought we were back from the levels. we are not if you have been watching the nasdaq, we are looking for the nasdaq on track for the worst weekly losing streak since 2012 if you add up all of the losses

i'm becky quick along with joe kernen and andrew ross sorkin. we started the show with the dow down by about 200. it rallied to come back to down just 40 points, but now you can see it's down by about 250 points s&p futures are down by 42, the nasdaq off by 203. maybe worth pointing out that the dow is on its way to posting its seventh negative week in a row. if the declines keep adding up the dow industrials are down by about 12.5%. s&p as of yesterday's close down by 18.3% and the nasdaq yesterday, down 29.9% from its all-time high you are talking about with these declines this morning pushing the nasdaq down by about 30% from its all-time highs. these numbers are getting perilously close with the dow down or the s&p down almost bear market you know, again, if you add these declines that we're seeing today treasury yields have come under pressure after rising significantly pretty quickly right now you're looking at the ten-year sitting at 2.826% just yesterday we went to 3.1% and beyond all of the complex down. and cryptocurrencies suffering a

i'm rebecca quick along with andrew ross sorkin and brian sullivan joe is off today >> good to be here >> i read through the beginning parts of this, andrew. you don't want to miss this. there are substantial things ben bernancke has to say you want to stick raaround >> thank you for that. he takes on all questions and provides clearances. >> very thoughtful maybe some more pointed comments than you anticipate. you have to stick around for

ross sorkin. it is friday after a heck of a thursday and week. check out the equity futures you might expect we have seen relief rally if that is the case, go back to sleep. that is not happening. dow futures indicating off 31 points again, this comes after the big declines we saw yesterday. nasdaq this morning down 31. s&p off 7. yesterday, the market gave back all of the gains from the relief rally wednesday an

i'm rebecca quick along with andrew ross sorkin and brian sullivan joe is off again today u.s. equity futures. things have been shaping up well if you get a look at the boards. the dow futures are indicated up by 433 points. nasdaq is indicated up by 288. the s&p indicated up 72 points right now. strong numbers after the so/so session. s&p off 15 points. the nasdaq as andrew mentioned down by 1% a decline of 142 points. that is a 1.2% drop. check out this morning good numbers as we are hearing from the retailers. >>> if you are keeping an eye on the treasury yields. things are still where we were yesterday. 10-year yielding 2.908%. earnings just out from home

i'm becky quick along with joe kernen, and andrew ross sorkin andrew is reporting live from the world economic forum in davos switzerland. we'll get to him in just a moment take quick a quick look at u.s. equity futures dow futures indicated up by over 300 points the s&p 500 futures up by about 37 the nasdaq indicated up by about 80 points. of course this comes after eight weeks of declines for the dow. first time that's happened in 99 years. if you check out what's been happening in the treasury market, you will see the ten-year is yielding below 3%. andrew, in davos, no snow on the ground this time around. andrew, what's the mood there in davos? >> the mood, i got to tell you guys, and it's sort of sad, it's depressing is what it is the davos consensus, and we've talked about whether the davos consensus is right or whether it's a contrarian indicator. we got here late yesterday, went to dinner immediately and almost to a man or a woman around the table, there was a view that we are headed for something worse than at least what the markets are reflecting right now and so there's, i w

i'm rebecca quick along with joe kernen and andrew ross sorkin. we made it it's friday. thankfully this is a heck of a week if you are watching the markets thankful they will close for two days after today however, u.s. equity futures are harply in the green. dow future

i'm rebecca quick with andrew ross sorkin and mike santoli joe is off today andrew, welcome back do you know where you are right now? >> you know, becky, you remember this you are more awake because i was on the earlier hour. >> it is still noon to you >> it is noon to me right now. slightly better for a couple of days then it will be screwed up by next week. otherwise, yes >> you get through and get your feet under you you will need pizza time in about an hour. thinking it is noon. >> yeah. >> good to have you back let's look at what is happening with the u.s. equity futures at this hour. you see on this friday ahead of the long weekend, so far, so good this tends to be people wondering what t

i'm rebecca quick along with joe kernen and andrew ross sorkin. dow futures are up s&p futures youup 40.

i'm rebecca quick along with joe kernen and andrew ross sorkin. if you were looking for relief this morning, go back to bed you won't find it. futures are indicated sharply lower again. down 1%. the dow futures off 450. s&p down 60. the nasdaq off 207 this adds to the steep declines yesterday. the dow was off about 1,100 points down 1,200 closed dow

i'm rebecca quick with joe kernen andrew ross sorkin is reporting live from davos this morning we will get to him in a minute people have been concerned about the markets. this morning, there are green arrows dow futures indicated up 163

. >>> good morning welcome back to "squawk box" i'm andrew ross sorkin along with joe kernen and rebecca quick is in omaha. it was nice to see you, becky. we will get to all of it in a minute there was so much action we want to check on the markets quickly. u.s. equity futures setting up nicely in the green. 145 points higher. nasdaq up 58 points. s&p up 17 points i want to show you the brutal month of april as we begin this month. dow falling nearly

i'm rebecca quick along with joe kernen and andrew ross sorkin. here we go let's look at the u.s. equity futures. yesterday things were deep in the red. averages closed higher after you saw buyers come in at the dip. nasdaq was the best. we have modest advances. nasdaq up by 12. s&p up 4 points. treasury market is where the real tension

ross sorkin. s&p is down by 61. nasdaq down by 233 if you are looking at percentage drops, the nasdaq tech is leading the way. the dow down by 1.2% s&p futures off 1.5% the nasdaq down 1.8% that is after the major indexes ended the week with modest declines for the week. dow industrials down by 9.5% s&p down by 13.5%. nasdaq down by

andrew ross sorkin is reporting live from davos. we'll get to andrew in a minute but we want to look at u.s. equity futures the dow futures down by about 2 points s&p up by 6 points, the nasdaq up by 13

that's the question cnbc's andrew ross sorkin asked former fed chair ben bernanke earlier this morning on "squawk box. listen to what he said. >> the economy is pretty strong. we're not going into recession as often is the case with a troubled economy in fact, the underlying economy as we recover from the pandemic is quite strong. >> and for two major wall street analysts, the fears of recession are overblown. david costin saying his baseline forecast assumes no recession. jpmorgan's marko kolanovic says equity markets are pricing in too much recession risk. but lloyd blankfein said recession is a very high risk factor joining us now, peter huber and david rosenburg. peter, you're not necessarily not in the recession camp. i think you expect it, just not for a long time, is that right >> well, sara, thanks for having me yes, about a month and a half ago we came out with a call there would be a recession beginning the second half of next year. you know, it's pretty rare that you have this kind of advance warning for a recession. any time the fed is going to have to step on the brakes su

andrew ross sorkin is live in davos, switzerswitzerland. yesterday with big gains across the board. we are giving all that back when it comes to the nasdaq dow up over 600 points yesterday. it is down 263 points. s&p was up 72 points nasdaq up 180 and now indicated down more than 211 points. as joe mentioned, it was concerns over snap the big deterioration. results lower than expected. we will talk about that. that is creating problems across the board. if you want to look at what is happening with treasury market yields have come back down now talking about the 10-year yield above 2.8% 2 2.808% is the rate right now andrew, good to see you this morning. >> i hate to say it, the mood here and weather has gotten worse. so has the mood. i think it is reflective of what is going on in the markets the word "r" is on everybody's minds here it was mentioned on sunday night and i heard it now two or three dozen times since yesterday. lots of people talking on that we will talk to a lot of people today on the agenda. we will speak with the ceos of nasdaq and accenture and marriott and hedge

i'm rebecca quick along with joe kernen and andrew ross sorkin. if you were looking for relief this morning, go back to bed you won't find it. futures are indicated sharply lower again. down 1%. the dow futures off 450. s&p down 60. the nasdaq off 207 this adds to the steep declines yesterday. the dow was off about 1,100 points down 1,200 closed down 1160 the s&p was off 4% the nasdaq composite was the big loser. down 4.7%. of course, these declines add to all of the declines we have seen in recent weeks and months if you want to take stock of where the major indices, the dow off 14.8%. high was 36,962. it closed yesterday at 1,490 s&p is down 18.6%. nasdaq off 29.6% at the close yesterday. nasdaq, which closed at 11,418 is coming off the high of 16,000 we are going to keep an eye on all of these things. yesterday, the loss started with the target reporting below expectations the company's expectations they got hit by inflation. we are not able to pass the costs on to consumers and that stock was down 27% yesterday it is down once angain this morn

ross sorkin. we have a lot of green on your screen it's almost an anomaly these days but we have big, good news coming out from home depot and now walmart results as well. >> theiis is going to be very important. courtney, what are you hearing >> hi, becky, so kind of a mixed quarter, a large miss for profit, the retailer reporting $1.30 adjusted compared to $1.48 per share. estimates were looking for $138.9 billion and walmart doesn't typically adjust guidance at this time of the year lowering profit expectations for the year u.s. comparable sales growing more sam's club growing more than 10%. walmart's net e-commerce sales, 1% down sharply from previous growth rate trends, still up 38% on a two-year basis. ad sales, a new business, worth 30% globally i did speak briefly with cfo briggs there was the higher cost of fuel, higher covid costs, related to being overstaffed the employees returned more quickly than expected. and biggs did note that the second quarter is off to a strong start which is w

i'm rebecca quick along with joe kernen and andrew ross sorkin. here we go let's look at the u.s. equity futures. yesterday things were deep in the red. averages closed higher after you saw buyers come in at the dip. nasdaq was the best. we have modest advances. nasdaq up by 12. s&p up 4 points. treasury market is where the real tension is. 10-year yield just dipped below. it was trading above 3% this morning. now at 2.981%. the 2-year yield at 2.7% a lot of changes happening everybody awaiting the fed meeting and decision after the fed meeting. andrew >>> thanks, becks. energy giant bp reporting a big jump in first quarter profits. climbing to the highest level now in more than a decade despite the decision in february to divest the 20% stake in the russian oil. the charge of $24 billion led to the paper loss of $24 billion that the company stopped after the profits in the account additional $2.5 billion share buyback. we will have the ceo with us on the program in the 7:00 hour. a lot to chew on all of the geopolitical issues and price of gas. >> oil is higher this morning. i sa

i'm rebecca quick along with andrew ross sorkin and brian sullivan joe is off today >> good to be here >> i read through the beginning parts of this, andrew. you don't want to miss this. there are substantial things ben bernancke has to say you want to stick raaround >> thank you for that. he takes on all questions and provides clearances. >> very thoughtful maybe some more pointed comments than you anticipate. you have to stick around for this >>> let's get the equity futures. we're in the red we have gone back and forth. dow futures right now indicated down 60 points s&p futures off 16 nasdaq off 85. the nasdaq was up 3.9% on friday across the board the dow up 1.5%. s&p up 2.4%. strong numbers for friday. it was not enough to pull us out from the losses we have seen through the week the dow industrials were down 2.1% last week and s&p off 2%. nasdaq down 2% for what we saw for the week down side. big up day on friday volatility is still here if you are looking at where things stand, this is year to date off of the all-time highs, you see significant pain dow down 12.8% from the all-t

cnbc we are live from the nasdaq site in i'm rebecca quick along with joe kernen and andrew ross sorkin. s&p is down by 61. nasdaq down by 233 if you are looking at percentage drops, the nasdaq tech is leading the way. the dow down by 1.2% s&p futures off 1.5% the nasdaq down 1.8% that is after the major indexes ended the week with modest declines for the week. dow industrials down by 9.5% s&p down by 13.5%. nasdaq down by 22% there's a modest decline for the week last week, but the declines the friday before. you add this up and you are talking about pressure >>> that is nothing with the treasury market. yields are rising significantly. 10-year yield is 3.193%. you are talking about mortgage rates at the highest we have seen in 18 years the 30-year at 3.294 t then cryptocurrency. it plunged over the weekend. down again this morning. bitcoin is down 3% below $34,000. $33,455. pressure across all of the coins. you are talking about significant declines these markets never close. that was painful over the weekend. >> 50% down on bitcoin from the highs. >> if you are talking about the new

andrew, yeah, okay >> andrew ross sorkin, the dealbook thing >> i didn't think he was the cfo of google. >> just stay focused so we can do the "a" block here. >> jim, citi today removes amazon -- >> what is that, do you see what the price target is? >> they cite what they call macro uncertainty. it's weird, it's still a top pick but it's off the focus list >> that was totally befuddling >> you have some thoughts here on amz >> i think amazon has come down to the point -- i've been waiting for amazon to come down to the point where the only thing you're paying for is amazon web services and i think that downgrade marks the bottom for amazon because now we know amazon's problems are the same problems that walmart had, target, not real stores, that's a whole other thing, but that amazon has come down enough that you're no longer paying a premium for what, david, is a pretty darn good business, amazon web services. >> it's a great business, still growing. although having more competition than it had a few years ago from the likes of microsoft >> overall they were overstaffed. now -- >> not

vix energies if they get there the current ceo of vmware, andrew ross sorkin was in davos and caught up with gelsinger and asked him what he felt about this deal? >> i'm excited about being an innovative partner any potential transactions for vmware, i want innovation as well hybrid, cloud. we do low levels of our hardware stack, meaning their software stack. so that would be my priorities going to enable that future innovation >> future innovation there, is what he is focused on. we'll see if we actually get the deal it would be one of the largest of the year. we have not seen big ticket tech deals, obviously, microsoft activision being an outlier. but it would be an important deal, if, in fact, it does get done >> you point out the street response, cynics may view it as a business slowdown in the wake of cisco's miss last week. we talked to chuck robbins of what he sees coming. in the broader consumer demand, client demand. >> yes, i do believe when vmware came free from dem remember dell controlled 81/82% of the company spun, tax-free completed last fall. there are any number of p

ross sorkin. green arrows across the board, this comes after gains for the markets yesterday. dow futures now indicated up by 120 point, the nasdaq up about 50 treasury yields are just about with are they were 24 hours ago. just above 3% for the five year. >>> meantime, uber in the quarterly report, the company be beating revenue. uber saw ride volumes increase uber moved its release up after lyft shares tanked on earnings last night we will be speaking with the uber ceo tomorrow. it will be the first time he will be on tv talking about all of this. but just a little bit later this hour, we'll get an opportunity to talk to lyft president john zimmer about that company's results. it's quite, quite the earnings to look at both of them side by side we'll have an opportunity to talk to both of these gentlemen over the next 24 hours together. >> thank, andrew lots more earnings out it this morning. dom, i said you would be back. there are people waiting to go to work because i said you might, and here

ross sorkin. andrew is reporting live from kiowa island, south carolina today. le let's look at the u.s. equity futures. we are down about 200 points for the dow. got bad news from a combination of retailers it was a miss on target's bottom line that made people wonder what's really starting to happen with the consumer, that news after the news from walmart yesterday. when and if it hwill eventually put pressure on u.s. consumers yesterday, you saw yields push higher on what we saw coming out from jay powell. ten-year yielding at 3%. so you are looking at higher yields across the board. and the two-year at 2.713. andrew >> thank, becky. we've got a big final hour of the show right here live from kiowa island we're going to talk with david solomon, interest rates and so much more. he stopped by this morning as he was doing a little bit of a walk, seeing some of that target news, and i think that will probably be where we start our conversation he's g he's got his pulse on the economy in so many way

i'm rebecca quick with andrew ross sorkin and mike santoli joe is off today andrew, welcome back do you know where you are right now? >> you know, becky, you remember this you are more awake because i was on the earlier hour. >> it is still noon to you >> it is noon to me right now. slightly better for a couple of days then it will be screwed up by next week. otherwise, yes >> you get through and get your feet under you you will need pizza time in about an hour. thinking it is noon. >> yeah. >> good to have you back let's look at what is happening with the u.s. equity futures at this hour. you see on this friday ahead of the long weekend, so far, so good this tends to be people wondering what to do green arrows across the board. dow futures up 71. nasdaq up 73 s&p up 16. by the way, this is a pretty good week. five days in a row for gains for the dow. for the markets, they are looking at the best performance since march of this week dow up 4.4%. that has been the big gainer over the week. s&p up 4%. even the nasdaq up 3.4%. really clawing back after the awful weeks to date. the dow had

andrew ross sorkin is reporting live from davos. we'll get to andrew in a minute but we want to look at u.s. equity futures the dow futures down by about 2 points s&p up by 6 points, the nasdaq up by 13 i guess the good news the nasdaq has stabilized but it comes after a decline yesterday. big concern about what's happening there. looking at shares of snap in a second but the treasury market, the ten year sitting at 2.749% so yields continue to shrink as people push into treasuries as a safe haven. check out what's been happening with shares of snap, another story we're not seeing a bounce back but at least a stabilization perhaps. but again, stock is up by just 1% after a decline of 43% in yesterday's session. the company's profit warnings sending shock waves through social media stocks as well. pinterest down by 23%. facebook down by more than 7% and twitter fell by more than 5% so that continues to have just a lot of questions about whether this is a snap-specific issue or a more broad issue of recession coming and lower ad sales

i'm live with joe kernen and andrew ross sorkin. >> dow futures indicated up by about 115 points, s&p futures up by 32 and the nasdaq up by 162 but it's nothing compare to the pain we've seen over the last three sessions for america's biggest companies. combined, you've got apple, microsoft, amazon, they've lost more than a trillion dollars in just three trading days. things looking a little bit better this morning, doesn't make up for all the losses but if you take a look at what's happening in the twrz mreasury market, this is where things get interesting. we've seen yields come down. normally, when yields come down, the stocks do better that has not been the case it dipped after we looking to set 3.1% yesterday we'll continue to take a look at this some question how the fed is going to do. it's really add up when you look at cryptocurrencies. that's where you see the pain. people have sold winners to pay for the losers bitcoin th bitcoin this morning is bouncing back sitting at 31, 670. >>> let's take a look at other stories. there's been another ugly day for shares of peloton down

i'm becky quick along with joe kernen and andrew ross sorkin. yesterday at this time we were up really big. dow futures up by almost 300 points yesterday we were up big but that didn't matter by the end of the session because the dow ended down by 38 points after fluctuating throughout the day, up down, up down, up, down, down nasdaq indicated up by 168 points it did close higher yesterday as did the s&p 500 and the s&p is indicated up by 45 points. this tells you guys there are a lot of nerves out there that are still pretty raw you see people selling into some of the big rallies as they happen, a few hundred points up and it's hard to say where they will be. we do have big numbers coming up cpi will give us a look at inflation numbers. that's something the market is closely watching treasury yields at this point look like the ten-year is trading actually below 3%. 2.9, we've come down from 3.1% a couple of days ago andrew >> let's talk a little crypto because it's been a wild ride and it got wilder in certain ways for certain coins overnight.

i'm rebecca quick along with joe kernen and andrew ross sorkin. dow futures are up s&p futures youup 40. the nasdaq is up as well this comes after a rough session yesterday. the s&p was off 5 points yesterday. the nasdaq closed higher up by 6 points which is rou roughly .1%. >> crypto stabilized and nasdaq went up. >> let's look at the treasury market the treasury yields came up. 2.897% crypto as joe mentioned and saw a trade at 25 and change this morning, 3$30,360. this trade constantly. what goes down, comes up and vice versa this is where it stands. >> all of the stablecoins stuff got separated from bitcoin it is all related not just from crypto, but money. you need money for one thing >>> we have to get to this elon musk tweeting the twitter deal is temporarily on hold pending the deal of spam and fake accounts do represent less than 5% of users there is a link to the reuters piece which was may 2nd or may 1st. this notion this is new information to musk that it is 5% is not new. what might be new is that tesla was down 700 tesla shares are a

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