Good Thursday morning. Welcome to another hour of Squawk on the Street. I'm Sarah Eisen with Carl Kentinia.

We are live from Post 9 of the New York Stock Exchange alongside David Faber, who is live today from Liberty Media's Investor Day this hour with some big interviews you won't want to miss.

What do you have, David?

Oh, we're going to be talking with Greg Maffa shortly. Of course, the man who's been running Liberty Media for the last 19 years,

but announced yesterday that he will be stepping down from that position. So plenty to talk about with him.

And then John Malone, both from an interview we did a couple of weeks ago, tape, but also live,

because there have been so many changes just in these last couple of weeks.

Not to mention, we'll also have a brief chat as well with Jerry Bruchheimer. He's done a

couple of movies you may have seen along the way, Sarah. Looking forward to it. And I'm eager

for you to ask about F1 as well, David. We're going to see you later this hour. We'll turn to the

markets right now. We are given a little back this morning. The S&P 500 down a little more than a tenth of a percent. Finanials are up, though, again. They've been very strong lately, up having a nice day. Energy, technology, utilities. Those sectors are all green. Consumer discretionary health care, real estate, industrials.

That's what's bringing up the rear in the market. We're now lower for the week, down about a third of 1%. NASDAQCOM today, down about a quarter of a percent, because you are seeing some of the weakness in the big tech names as well.

But little as far as catalyst. We've got the PPI report. Take a look at Treasury, some flattening of the curve right now where treasuries have been trading.

The 10-year yield, 4.418, the two-year at 4.259%.

So there is some buying today with lower Treasury yields.

Again, backing off those high levels we saw post-election.

We're 30 minutes here into the trading session.

Here are three big movers we are watching. Disney shares rally after the company said that

profit would jump over the next three years. We're going to break it all down for you in just a

moment. Another day of volatility in the crypto-related stocks says Bitcoin fails to hold above

$90,000, but still quite a climb.

And then watching shares of Tapestry and Capri, the retailers today, calling off there more than $8 billion mega merger.

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