Welcome to closing bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange.

This make-a-break hour begins with two big stories we are following this hour. Of course, the very

latest in the trade war and the impact that new round of tariffs is having on the markets today.

And a very high-interest IPO because of its proximity to the AI trade, Corweave set to price

tonight, go public tomorrow amid some serious questions about that offering.

We will get the latest in both stories in just a moment.

We'll also speak to Black Rock's Rick Reader exclusively today about all things markets.

First though, take a look at the picture here.

60 to go in regulation, been under pressure for most of the day to day as those auto tariffs begin, GM and Ford and some of those other related names from that space all lower.

So there's red abound in that group.

We're watching Chips 2 today from Nvidia to AMD, Micron, and Moore read there as well.

And that leads us to that core weave IPO being closely

watched on Wall Street and elsewhere. A good sentiment read on many facets of the AI trade. And that

is why there is so much attention on it, including from our Leslie Picker, who is following the money

for us and has the very latest because the

latest has been changing from here to there. What do we know now? The latest has been changing,

but I think you describe it correctly in saying this is a big sentiment read. I was just talking

with a big investor who said that if this deal came out in December probably wouldn't have as

many issues, have as much hair on this deal.

However, given just the fast-moving dynamic, no final decisions have been made,

although it's looking like discussions with investors are such that we would see a downsized deal.

Not going to see a refiling of the S-1 that indicates a new offering size at this point in time,

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