Market Records And Tech Turbulence, The Competition Takes On Tesla, An Exclusive With AT&T's CEO, And The Bank Stocks Rally Rolls On

Squawk on the Street

Carl Quintanilla, David Faber and Mike Santoli led off the show with a look at what's next for stocks one day after the Dow and S&P 500 hit new record highs. Tech stocks erasing many of the gains from Thursday's rally as bond yields rise. Will the surge in yields be short-lived? The anchors also discussed the markets pricing in the acceleration of growth. How much of an economic rebound will we see as millions more become fully vaccinated? President Biden announced he is directing states to make all adults eligible to receive a COVID-19 vaccine by May 1. Carl, David and Mike also explored Tesla facing heightened competition as more companies enter the electric vehicle space. David had an exclusive interview with AT&T CEO John Stankey. They discussed the company's "Investor Day," AT&T's more than $27-billion investment in C-Band spectrum licenses and the road ahead for its HBO Max streaming service. Also in focus: This year's bank stocks rally, comments from Goldman Sachs CEO David Solomon on work-from-home versus returning to the office, a Citi Apple analyst's note on the Apple Car, plus another IPO coming to market - The CEO of residential and commercial pool manufacturer Hayward Holdings appeared on the program to discuss his company's public debut.