THAT HAS BEEN A BIG CHALLENGE OVER THE PAST FEW YEARS, LEADING TO QUITE THE BACKLOG. >> INDEED, IN THAT SENSE, A VERY BIG DEAL HERE. LESLIE.THANK YOU. LET'S ALSO TURN TO DAN PRIMACK. HE'S THE BUSINESS EDITOR AT AXIOS WHO BROUGHT OUR ATTENTION TO THE BORING IPO BOOM LAST WEEK.DAN, DOES IT BECOME MUCH MORE BUZZY NEXT YEAR. >> I THINK SO, AND I THINK, AS LESLIE SAID, I THINK YOU'RE GOING TO SEE MORE OF THESE DEALS. I MEAN, IT'S WORTH NOTING MEDLINE WAS KIND OF EXCEPTIONAL IN PRIVATE EQUITY TERMS ANYWAY, RIGHT. ...

Two finals. What do you got. >> AB broadening out trade continues.>> Microsoft down 12% since the end of October. I like this one here. >> Steven Weiss.>> Netflix. I think it's put in a bottom here and dead money, but I still still think it's >> interesting. All right, because that saga doesn't seem to be close to over yet.We'll have to see. Joe T. Twilio, push it towards 150. ...

BANKING SYSTEM. THAT'S WHERE HE WOULD BE WORRIED. DIDN'T SAY IT WAS A CONCERN RIGHT NOW.>> PERFECT SETUP FOR THE REST OF THIS HOUR. STEVE, THANKS SO MUCH. REALLY APPRECIATE IT.THANKS, STEVE. LIESMAN. SO WHO DO THE MARKETS WANT IN THE FED CHAIR POSITION.WHAT'S REALLY AT STAKE IN THAT RACE AND HOW MUCH RISK IS THERE IN THE AI TRADE RIGHT NOW. LET'S BRING IN PETER BOOCKVAR. HE'S THE CHIEF INVESTMENT OFFICER AT ONE POINT, BFG AND A CNBC CONTRIBUTOR.AND MATTHEW MCLENNAN IS CO-HEAD OF THE GLOBAL VALUE TEAM AT FIR ...

The IPO of the year, the biggest one, uh, popping on its open last hours, just a few minutes ago, really after some middling performance in the IPO market generally. Is it a sign of pent-up demand into mega offerings like SpaceX next year. A sigh of relief for the private equity space, too.Leslie Picker has more over at the NASDAQ. Leslie, hey, Kelly, yes. The largest IPO of the year, Medline, opening for trading about 15 minutes ago at $35 per share.That's up more than 20% from its IPO price of $29 per sha ...

I mean, I think that the sports books definitely see the writing on the wall and how this could completely disrupt their businesses and uh that's why they're all scrambling to figure out their prediction market strategy. Uh and we should expect that with any growing market in its relatively early stages, it's going to get competitive. Um, we certainly saw that with crypto and and I think the unique advantage Robin Hood has is first of all, we're pretty early to the market.We launched with the presidential e ...

Robert Frank speaks with McKeel Hagerty, Hagerty chairman and CEO, about the state of the classic-car market, collector optimism and the Hagerty 2026 Bull Market list. ...

Bring in show music, please. >> This is Squawk Pod and I'm CNBC producer Cameron Costa. On today's episode, will they won't they? >> This could take a while. >> Warner Brothers Discovery tells shareholders that Netflix's deal is better than Paramount's hostile bid. It's drama fit for a prestige streaming series. Netflix co-CEO Greg Peters sat down with CNBC's David Faber only on Squawkbox. He says they are the ones to win. >> Our deal structure is clean. It's certain. We're a scaled company with, you know, ...

Why go public now. What's the what's what's the thinking in terms of where you came from and where you are right now. >> And as you know, we've been a private company for 58 years.Um, with 58 years of consecutive growth, uh, we just feel like this is the right time for us to kind of expand our voice. Historically, we've done very little advertising and very little marketing and and this gives us a way to amplify our voice and actually expand really the the receptivity of who we are. We are the largest compa ...

stock is set to begin trading on the NASDAQ later today under MDLN. This all as 26 looks to set another strong year for the IPO market with buzz surrounding SpaceX, Open AI, and other likely contenders to go public in the new year. Joining us this morning at Post9 to talk about all of that and more is Barkclay's global head of tech investment banking, Kristen Roth the Clark.Welcome, Kristen. Good to have you back. >> Thank you. Great to see you.>> Some of the year-on-year comps are pretty good for 25 either ...

Speaking of AI today, a possible deal between OpenAI and Amazon might be valued north of10 billion. For that, we'll turn to Mackenzie Sagalas. Morning, Mac. >> Hey, good morning, Carl.This would be a big upgrade and the Amazon OpenAI relationship. We're talking about both a huge investment, plus a path for AWS to land OpenAI as a flagship customer, which is a real optics win for Amazon's Nvidia alternative. Now, as for what I'm hearing from a source close to the discussions, Amazon is looking at an equity s ...