finals farmer Cisco systems continues to outperform Malcolm >> uh digital realy better place to get your exposure to the data center buildout >> happy 52- week high Sienna maybe an all-time high I don't know I can't go back that far the stock is screaming into the closing >> all right I'll see you on the closing bell the exchanges Yeah. ...

All right, welcome back. Some news in the deal making space today. Amazon reportedly in talks to buy Global Star and this would be a big boost to its LEO business that it was hoping will rival Starlink.Amazon declining to comment on this particular report here, but it could be a big deal. Joining us now to break down what it could all mean for us is CNBC correspondent Mackenzie Sagalos. Mac.Uh, this could be a kind of boost, right, in this race that Amazon is trying to put up there in terms of a constellati ...

Right here, we do have some breaking news out of Washington. Ayman Jabari has [music] that story for us. Ayman.Leslie, a White House official confirming to our colleagues at MS Now that Pam Bondi has been removed as the Attorney General of the United States. The White House official telling MS Now just in the past couple of moments that uh the new acting interim Attorney General will be Todd Blanche and he is expected uh to post about this on social media uh in a short time. So, we'll wait for the official ...

Welcome back to the exchange. SpaceX confidentially filing for an IPO and reportedly Elon Musk wants 30% of the IPO to go to retail investors. Why and how could it benefit him.Dear Trabosa has more in today's tech check. That may be the highest proportion I've ever heard of D. It is.You're right LP. It is. And you know the space very well.So that 30% number is the one to watch here. In a typical IPO, retail gets 5 to 10%. So Musk wants three times the norm.And that framing is that this is about giving every ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, oil prices soar as the president's speech on Iran stokes fears.>> If the market is looking for a quick answer, they didn't get it last night from that speech. >> Gold down and silver down and Bitcoin down. >> Yeah.>> Is there further escalation to come. Eurasia groups Farad Moxad. This war will go on for at least another 2 to 3 weeks, perhaps a bit longer to achieve its mission.I'm watching the military deployments much ...

SpaceX now confidentially filing to go public in what would be one of the biggest IPOs ever. Reportedly expected to allocate as much as 30% of shares for retail. Ardeen De Bose has more on that in today's Tech Check.Morning, D. Hey, good morning, Carl. So, Elon Musk, he's selling loyalty disguised as access here.And Wall Street is helping him do it. The norm is 5 to 10% retail allocation in an IPO, but Musk wants his following in the stock. Not just because they will buy, but because they'll stay.And they'l ...

Blue Owl experiencing elevated redemption requests for two of its private credit funds in the first quarter. According to letters to shareholders that came out this morning, the firm's flagship OCIC with about 36 billion in assets received redemption requests of about 21.9% of shares outstanding during the first quarter. Blue Owl's smaller tech oriented fund known as OTIC received redemption requests of 40.7% during the same period.Blue Owl attributes this to quote heightened market concerns around AI relat ...

We are now looking at the Dow down by about 535 points. Kevin, um we've been doing this the same rinse repeat cycle for for weeks now during the war, watching the price of oil and then moving in the opposite direction for equities. >> We thought maybe yesterday we were through some of that, but that does not look to be the case this morning.Yeah, certainly the same market refrain continues, Becky, as when the prospects for a resolution in Iran go up, oil prices go down, and stock prices go up. On the other ...

Welcome back. The war in Iran disrupting the global balance of power as the president threatens to pull out of NATO, tells other nations to goes to the straight of Hormuz and just take the oil. Our next guest says the conflict has put China in a stronger position relative to the US.Joining us this morning, a former Morgan Stanley Asia chairman Steven Roach, senior fellow at Yale Law. Stephen, it's a pleasure to see you again. Thanks for joining.>> Great to see you, Carl. lot of uh ink spilled this week abou ...

Joining us this morning, David Kelly, JP Morgan, asset management's chief global strategist, joins us here at Post9. Good to see you, David. Thanks for coming in.Um, you willing to look through the next couple of weeks of activity in terms of military action >> over the next few weeks. Yes, because I mean, if you there's no way this is not going to end with oil coming out of the Persian Gulf. Ultimately, the United States is going to have to come to some agreement with whoever's in charge in Iran to allow U ...