Joining us here at Post9 today, Steve Sosnik, chief strategist at Interactive Brokers, has a 6,500 year-end target for the S&P in 2026. That's a curious number, Steve. Good to have you. >> Good to see you.>> What What would lead us to that. >> A lot of a confluence of different factors. First of all, I'm an inherent contrarian, so let me start with that.And I I I I believe I'm kind of an outlier and I'm in being a little lower, but history, I think, is it points to caution. number one, secondyear presidenti ...

Netflix made a compelling offer. It was heavy in cash, certainty of close, um a high termination fee. It had all and they responded to the to the operating issues that we were concerned about. Uh Peace Guy had every opportunity to deal with that broad range of issues and they chose not to.It was really, David, it wasn't really a hard choice. >> It wasn't a hard choice. No, >> not at the end.It was not a hard choice. ...

Time for Jim and stop trading. >> Okay. If the stock gets to general to where General Mills did a 5% yield, no matter what they say, it can go higher there.That's my gospel. I want to thank David for breaking a lot of great news. To me, I'm going to say it, David.I Ellison didn't seem to have the horses. He just didn't seem to have the horses. I want to see real money. I don't see it.And as far as I'm concerned, illusory is the right word. Not unlike the illusory that be I'm beginning to see in Oracle the c ...

Will you emphasize to the president the importance of Fed independence. >> Absolutely. I spent 20 years of my life working on central bank independence and why it was important.There's no doubt. I've got a long paper trail of this. The one thing everybody always forgets in central bank independence is there's another side of it which is accountability.There's no institution in this country that is unaccountable to the electorate. that that's not and that's pe what people often forget is that we want central ...

celebrating the IPO and Medline provider of medical surgical products, biggest of the year, CEO on earlier today. We got some volume in the room today, Joe. >> I LIKE THAT. I LIKE EXCITEMENT AND SUBSTANCE.Uh these are this is an interesting company. It's I like a deal that's not priced well above and goes crazy. Uh but it's also, let's not forget, a PE deal.They're they're they need these deals to come public and they have to have some winners. >> They do. Obviously, typically in a PE deal, you will raise m ...

Joining us right now first on CNBC is Medline CEO Jim Bole. Good morning to you. >> Good morning.>> Congratulations. This been this has been a quite a road for you to get to to this point. Uh 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 d ...

Back to Squawk on the Street. Time now for a mad dash. Of course, seven minutes before we get started with trading here at the New York Stock Exchange.Let's talk a bit about Apple. >> Right. Okay.Refreshing. Uh two pieces. One by Morgan Stanley.The other by Ben Rice at Melius talking about Well, here's one that the the price target too low. That's Morgan Stanley. They are taking that up to three uh 33.What. 335 from 315. >> Okay.But uh the most important thing I like Melius would just say is listen you want ...

Joining us right now is Rich Greenfield, Lightshed Partners. Uh you've probably now had some opportunity to go through uh the document that Warner Brothers put out. You've seen what Netflix had to say about it.Which in your mind is the better deal, Rich. Putting aside whether we get to a bidding war, which I'm sure we will, but or or we may at least right now. >> I mean, I don't even think it's close, Andrew.I mean, think about the things that you learned in this document. I mean, just right off the bat, th ...

The thing that I can't quite square is the data center play and um and I know you you've talked to some of my friends about that in the past. Um I I look at a I look at a data center um that's $10 billion, right? First of all, there haven't been any exits above, you know, four or five billion. Um you haven't seen comp, so that worries me quite a bit. Then I see large uh technology companies, the largest companies on the planet with $4 trillion market cap saying I don't want to own this asset. I don't want t ...

start uh chairman. No, Governor Waller. Let me just call me Chris. >> Chris.Okay. Chris. Um let me start with uh the uh jobs data we got yesterday, which I think is uh people are wondering how uh the Federal Reserve is processing and how you're personally processing this data here.We had a tick up to the unemployment rate at 4.6%. Uh return to job growth in November after job losses in October. What's the state of the labor market in your opinion.Well, earlier this summer when the jobs numbers were looking ...