I'm Deirdreboza and you're listening to CMBC's Tech. Our show is live, weekdays at 11 a.m. Eastern. Listen in. So, Happy Monday. Welcome to Tech Check. I'm John Fort with Carl Quintanilla and

Dea Durbosa. Today Tesla's tear higher with shares back above a thousand to share and reports of a potential stock split.

We've got Morgan Stanley's Adam Jonas to break down the space.

Plus, the slap felt round the world what Apple's best picture win could mean for streamers and

the stock and social media's growing role and finally cyber security companies

and risks in focus with the conflict in Ukraine. We will talk outlook for the sector with

the CEO of Cloudware this allergy. First breaking news from Washington,

crossing right now President Biden unveiling his budget proposal for

2023 and Elon Moyes got those details for us Elon.

A good morning dear dredge President Biden's budget includes 2.5 trillion dollars in new taxes over the decade

targeted at corporations and the wealthy.

His plan would raise the corporate tax rate to 28 percent, tighten international tax rules, repeal key tax breaks for the oil

and gas industry, increase the top individual rate to 39.6%, close the carried interest

loophole and end the benefit for like-kind exchanges.

There's also, of course, a new 20 percent minimum tax on those worth $100 million or more

that covers both regular income and unrealized gains.

Now that revenue will help pay for investments in K through 12 education and college

affordability, public health, housing, and combating crime.

It also allows the administration to reduce the deficit by more than a trillion dollars

over the next decade.

But the White House is also setting money aside for another go at a Democrats only tax and spending bill

that would focus on cutting costs for households and expanding the productive capacity

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