Bring in show music, please. >> This is SquawkPod and I'm CNBC producer Cameron Costa. On today's episode, [music] 40 years of Blackstone, the world's largest alternative asset manager, is not slowing down, and neither is its CEO and co-founder, Steve Schwarzman.>> We never [music] stop innovating. We never stop pushing. We always believe that we have smart competitors.his view on the Federal Reserve's [music] rate cut agenda and on China after four years of chilly relations. >> Both China and the US have l ...

Let's bring in Greg Do. That's a good idea. >> He thinks this report wasn't just noisy and full of gaps, but that it shows a downwardly biased view of inflation.Greg, am I saying that correctly. What do you see here that jumps out to you. >> Yeah, that's absolutely right, Kelly.And I think Steve put it well. Uh, it was full of gaps for sure. It was very noisy.It was messy, but there was a downward bias. And this downward bias to clarify what Steve was mentioning is due to the BLS methodology when it comes t ...

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Now we are celebrating a milestone for this show. 20 years ago this week, Squawk on the Street debuted here at the big board. This is how it sounded on that first morning.Live from the financial capital of the world in the heart of lower Manhattan, this is Squawk on the Street. It's 9:00 a. m.on the East Coast, 6 on the West, 2:00 p. m. in London.I don't know what it is in Singapore. for the opening bell is less than 30 minutes away. Good morning everyone.I'm Mark Haynes. Here we are at the New York Stock E ...

Now we are celebrating a milestone for this show. 20 years ago this week, Squawk on the Street debuted here at the big board. This is how it sounded on that first morning.Live from the financial capital of the world in the heart of lower Manhattan, this is Squawk on the Street. It's 9:00 a. m.on the East Coast, 6 on the West, 2:00 p. m. in London.I don't know what it is in Singapore. for the opening bell is less than 30 minutes away. Good morning everyone.I'm Mark Haynes. Here we are at the New York Stock E ...

Welcome back. Stocks are higher after the cooler than expected inflation data this morning. But some questions now being raised about how much we might trust this print.Our Steve Leeman's looking into that. I'm seen the Brucellis response this morning. Uh [laughter] dude, that was one flawed report.>> That's one of my bullet points here, Carl. And you guys were just talking about this stocks loving this cooler than expected inflation report. The bond market and economists highly skeptical with many saying c ...

PRICES RISING 2.7% FROM A YEAR AGO. THAT WAS COOLER THAN EXPECTED. THE PRINT SENDING ODDS OF A MARCH RATE CUT TO OVER 50% RIGHT NOW.JOINING US NOW IS PIMCO GLOBAL ECONOMIC ADVISOR, FORMER FEDERAL RESERVE VICE CHAIR RICHARD CLARIDA. IT'S GREAT TO HAVE YOU HERE. >> WELCOME BACK.YEAH. ALWAYS ENJOY IT. >> SO HOW MUCH DO YOU READ INTO THIS INFLATION PRINT.>> I THINK THERE'S SOME GOOD NEWS HERE. OBVIOUSLY DISTORTIONS WITH THE SHUTDOWN AND SOME SEASONALS. BUT I THINK YOU TAKE THE GOOD NEWS WHEN YOU CAN CAN GET IT. ...

Google now working on a new initiative that would challenge one of Nvidia's biggest advantages in AI. It's proprietary software. Dearra Bosa has more in today's tech check segment.Morning Dearra. Hey, good morning Sarah. So Google's chip challenge to Nvidia.It's moving from hardware to software. The main knock against those custom AI chips, TPUs, is that they're hard to adopt. Nvidia's e advantage is its ecosystem.So that's its chips and its CUDA software. If Google can crack the software and the adoption p ...

Production Capacity - Joby Aviation aims to double its US domestic production capacity to four aircraft per month by 2027 [1] - The company has decided to double production capacity for the second time in 6 months, initially from one to two aircraft per month, and now from two to four [2] - Joby Aviation is scaling production capacities at facilities in California and Ohio, with significant manufacturing talent being brought in Ohio [2] Government Support - Joby Aviation is experiencing unprecedented government support, highlighted by an event in Washington DC with key officials [3] - The White House's executive order and the EIP program are creating tailwinds, potentially allowing Joby Aviation to deploy air taxis in communities across the country by 2026 [4] - Dozens of communities have applied for the EIP program, expressing interest in adopting Joby Aviation's technology [5] Market Demand - Joby Aviation is seeing unprecedented demand around the world [2]

Joining us this morning is Niles Investment Management founder and portfolio manager Dan Niles. Got some thoughts on the AI trade in the market at large. Dan, good to see you again. >> To see you too, Carl.>> So, a lot was made of uh Broadcom's inability, for example, to rally after its earnings, but maybe the story can be different with Micron today. >> Yeah, I mean, I think you have to look at the the short-term picture and the long-term picture. So in the short-term picture, what's changed is now really ...