To view this email as a web page, go to the link below, or copy and paste it into your browser's address window. https://view.response.cnbc.com/?qs=3cfe79a7db10f7ca182f0da084720acbfd8de328d512bbc88be896085fe076fd8ef37c430ee2a58b176810970b84fe49678f6785afeabe36a0bcc3fa492eae32CNBC | Morning Squawk To view this email as a web page, click https://view.response.cnbc.com/?qs=3cfe79a7db10f7ca182f0da084720acbfd8de328d512bbc88be896085fe076fd8ef37c430ee2a58b176810970b84fe49678f6785afeabe36a0bcc3fa492eae32 here. https://click.response.cnbc.com/?qs=dff33a98dd29dd40489e2c1f40388d7959b27f58313e4591e1ba8dc84e937f871e8d4d41b4a9c82c8138d85bbf10e7730cbba273d8700d63 https://click.response.cnbc.com/?qs=dff33a98dd29dd404112e93dd979bb4a3ed5168d22e56b131eeb5167fe129579e1de02b255b1b6e5fee45c7082ffcc8cc1d399ec55e562b8 BY THE NUMBERS U.S. stock futures https://click.response.cnbc.com/?qs=dff33a98dd29dd40ba357797b4bb8e82fd4a88bbd65f54bd9f136bce42b0ffcc17bc608e6cf02aae7856688f8b73fbf0afc97b35e6319bad were lower this morning, even though oil was seeing a bump. However, crude prices were still firmly in a bear market, putting a damper on investor enthusiasm. The Dow and S&P 500 were on a two session losing streak. But the Nasdaq rebounded on Wednesday. (CNBC)Investors await the details of the https://click.response.cnbc.com/?qs=dff33a98dd29dd40a914211e7eed80e56f7f5b1c2dc910c29ca7e0a4bfe8dde9d2cbca4931d148b90bd390b2bbbcaf89bd0b0ee48f0bc6a8 GOP Senate health-care bill , which is set to be released this morning. A vote could happen by late next week. Republican leaders in the House passed their version of Obamacare replacement last month. (CNBC) * Weekly initial jobless claims, 8:30 a.m. ET * Weekly look at natural gas inventories, 10:30 a.m. ET https://click.response.cnbc.com/?qs=dff33a98dd29dd40236cefaee76a2ac21522e3b1446c1e02f549587cc10691aef1aa8da57e656d83bd9983e1ec7319d86eba7866484e173e American (AAL) said in a SEC filing it received notice from Qatar Airways, stating that carrier's intention to acquire a stake of at least 10 percent on the open market. Any stake above 4.75 percent in American would require board approval. (CNBC)Altice USA (ATUS) priced its initial public offering at $30 per share, on the high side of the expected range. The cable company's IPO, the largest for a U.S. telecom company in 17 years, raises $1.9 billion. https://click.response.cnbc.com/?qs=dff33a98dd29dd4066d7e42bafbb7204ad143e2be4d48664841f727d38d0fb5ddd5c56c9a6c65ce3af6de9d959452bfb14815e07903f47ba Altice begins trading today on the New York Stock Exchange. (Reuters)The digital currency ethereum, an alternative to bitcoin, https://click.response.cnbc.com/?qs=dff33a98dd29dd409cbb8f25fb5fb476537ee305d84596586a9f09ebee8299bebc988725febfab2e2f29e0a31333af365a18c810a3885d7e suffered a flash crash on the GDAX exchange on Wednesday afternoon. The price fell from around $319 to 10 cents in a matter of seconds. This morning, ethereum was trading around $317. (CNBC) https://click.response.cnbc.com/?qs=dff33a98dd29dd408354e62bb0fb3aad97702d318a6b3c6d9b11df21e7ce8d7495744536d37f148b19219b61f296bad9214bb425d154f3bf https://click.response.cnbc.com/?qs=dff33a98dd29dd40cacdf1b74a3d3e88ec9ffaf253d6e5036bee896b10a9542c7e6100c9c00f8d68bb81f092af7a5d73c94868cbe6c4031f https://click.response.cnbc.com/?qs=dff33a98dd29dd40de75cf9a53000a27a2527f09120c18e07087c3bdc04504640ec3d51b9f37d395de766a478af6b550683637cf6a7834dd IN THE NEWS TODAY Tech entrepreneurs and venture investors are heading to the White House today https://click.response.cnbc.com/?qs=dff33a98dd29dd40165bde292272927fcde667ebe403fa5df07c19baa1d35253ef3956d12edfe05692147caa17eaee3c4f63abed791d8e62 to meet with government officials , and President Donald Trump, to discuss the potential impact of emerging technologies on industrial workers in the U.S. (CNBC) https://click.response.cnbc.com/?qs=dff33a98dd29dd4023b0be7a71beb645e9b01a48c25b2390b6efc65257fc6afee75bdd0a9fc701a313fcf5f077faa7cb6b383e3ae713500c AT&T is on pace to invest around $22 billion in the United States this year, CEO Randall Stephenson told CNBC today, ahead of attending the White House tech meeting.Blackstone CEO Stephen Schwarzman on CNBC today https://click.response.cnbc.com/?qs=dff33a98dd29dd4057371382a85e142f707c29376f39f5f59a4d92330752c77cbd5cd984c38c51c900d1917d2b40687b5830f1a79e19952b directly linked a surge in optimism to the Trump administration's pro-growth policies. Schwarzman chairs President Donald Trump's Strategic and Policy Forum.The Trump administration https://click.response.cnbc.com/?qs=dff33a98dd29dd407663d272560fe1ed11d3f5a0a9f2b83a96f0cfd7fd33e9b550b1fbf0594ca91d11d16f3c6edddcd83e4805302538232b pressed China to exert more economic and diplomatic pressure on North Korea to help rein in its nuclear and missile programs during a round of high-level talks in Washington. (Reuters)President Trump https://click.response.cnbc.com/?qs=dff33a98dd29dd40d9e939c22c3d90347baea21e0bfb3ae104563641a2e568aa2f28d2b6332259fe4dfa8f18692e4a217d0e75e98894eedc said he's crafting legislation to bar new immigrants from receiving welfare for at least five years. Trump announced the proposal at a campaign-style rally in Iowa last night. (NY Times)Benchmark venture capitalist Bill Gurley, who was reportedly instrumental in the resignation of Uber CEO Travis Kalanick this week, https://click.response.cnbc.com/?qs=dff33a98dd29dd4038b58b826f7b4f8ee9a3bf28192cea25f2c2073c8340424c2e704c060167bcf4924a47a8e1e00521eb3811fc800fe8a0 is in talks to leave the rail-hailing firm's board. Benchmark is a major investor in Uber. (CNBC)Staples (SPLS) https://click.response.cnbc.com/?qs=dff33a98dd29dd406ae8b9e7921fad292b4d15e72a55fe40e717b87f14ddb4065dea0aadb2c8ed35e7e7d8fcd21b79dbdc470eea756d479d is in advanced talks to be acquired by private equity firm Sycamore Partners. A deal for the office supplies retailer could be worth more than $6 billion. (Reuters)Home Capital said billionaire Warren Buffett's Berkshire Hathaway https://click.response.cnbc.com/?qs=dff33a98dd29dd40e3acf7a56c46c7a7579dedd0b35b6bcd7efcf541d116df9cd662e7102775895be3177445f109d89fbc6b7c3e9a0163c0 will provide a new $1.5 billion line of credit to its unit Home Trust, ending the Canadian lender's strategic review process. (Reuters) https://click.response.cnbc.com/?qs=46def8e035eb37df817c121f308704898f148412991687ce683120f2a60ff506f3e8de4a7e0633c0e77c3f0a7bb4896881efd2c9721d2f6b Snapchat's newest feature , Snap Map, is based on its latest acquisition, social mapping startup Zenly. Snap (SNAP) bought Zenly for $250 million to $300 million in cash and stock late last month. (TechCrunch)Hain Celestial (HAIN) https://click.response.cnbc.com/?qs=46def8e035eb37dfbd5bf8887659e803275bddce5715d89e0c0ee47e16f12fc95a52c60656eae036c8e79278b754a29cad95812aa72372c7 issued its long-delayed financial results after an internal accounting review and audit, and made no material changes to previously stated results. The natural and organic products maker's forward guidance was below estimates. (CNBC)Japan's Takata is expected https://click.response.cnbc.com/?qs=46def8e035eb37df9fb816bc176c26d6f30484b0fee3f0b772e73b78e832b7a768496ef90397c1c3e0003b8d2107c4ef9c30a4868560e565 to file for bankruptcy on Monday, as the company faces billions in liabilities stemming from the biggest recall in automotive history over airbags. Takata will seek a bridge. (Reuters) https://click.response.cnbc.com/?qs=46def8e035eb37dfd242eefa51bcb31e8ae9386a987384631aebe4a31979362e06b4ad399b216f526ec35bf8f3412486aef92f712f427000 Tropical Storm Cindy turned deadly and roared through the Gulf of Mexico toward the coast today, slashing the region with heavy rains and flooding. It was the third day of rough weather for the region. (USA Today)STOCKS TO WATCH Oracle (ORCL) reported adjusted quarterly profit of 89 cents per share, 11 cents above estimates. Revenue was also above forecasts, with increased customer enthusiasm for cloud-based products and services at the software giant.Steelcase (SCS) fell 4 cents shy of estimates with adjusted quarterly profit of 15 cents per share, and the office furniture maker also saw revenue fall short of forecasts. Steelcase's current quarter earnings and revenue are below consensus as well.Novartis (NVS) reported surprisingly effective study results for a heart drug designed to reduce inflammation in patients who have survived prior heart attacks.GlaxoSmithKline (GSK) won more than $235 million from Teva (TEVA) after a jury ruled that Teva had infringed a patent for GSK's blood pressure drug Coreg. Teva said it was disappointed with the ruling and will consider an appeal.Apple (AAPL) is seeking to cut the royalties it pays record labels for its Apple Music service, according to a Bloomberg report. Existing deals expire at the end of June, although observers think the current agreements will be extended if no agreement is reached by then.WATERCOOLER https://click.response.cnbc.com/?qs=46def8e035eb37df6f6a8a522d7cda274262e13685a4928379820cb155e4b61a4cadfc41438d875dceed5fc0c06287b8b937d9aaccd8c2e6 A new study finds an increase in the number of car accident insurance claims in three states that have approved the sale of marijuana for recreational use. (CNBC) CONTRIBUTORS https://click.response.cnbc.com/?qs=46def8e035eb37df97f73d272c180376db58b66f0e75ecc9717cb5664f915f95e128044236b113c2c8f64b6819f24e0fb8f55d270d616ff3 https://click.response.cnbc.com/?qs=46def8e035eb37df97f73d272c180376db58b66f0e75ecc9717cb5664f915f95e128044236b113c2c8f64b6819f24e0fb8f55d270d616ff3 Matthew J. BelvedereSenior Producer https://click.response.cnbc.com/?qs=46def8e035eb37df11b57f931fc5c5d2aeaba78b2a86546f473e53b55c0bda6700a3083f92b5733a2bd241691ef2f8f3e4b19a1bb48671ad @Matt_Belvedere https://click.response.cnbc.com/?qs=46def8e035eb37dffe9801b8350a4384c2b620ecd6de015c6fd0dc3fc907cc22783cbface8e43d30aa8b23e57e94cf151c06a16d3592fba1 https://click.response.cnbc.com/?qs=46def8e035eb37dffe9801b8350a4384c2b620ecd6de015c6fd0dc3fc907cc22783cbface8e43d30aa8b23e57e94cf151c06a16d3592fba1 Peter SchacknowSenior Producer https://click.response.cnbc.com/?qs=46def8e035eb37dff1122df62ed53aca38b6155dd161492581a97d1df235bc1ab107d62a5f7b210dbc21eab7df0121654026122e1575ea7c @peterschack Feedback We value your input—use https://click.response.cnbc.com/?qs=46def8e035eb37df0a002600d482982ca26304f6dfc1dcd9a55731bb98bbbe90cf7f8ed016d1a83647c2903484e4a93e833d85eb2540a7a5 our simple form to let us know what you think. 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