Mixed Picture For Stocks, Verizon CEO on Buying a Zoom Competitor, Morgan Stanley Chairman & CEO on His Company's Results, the Virus and the Economy

Carl Quintanilla, Jim Cramer and David Faber discuss the mixed picture for stocks, as weekly jobless claims hit 5.245 million raising the monthly loss to 22 million due to the coronavirus. The President is preparing to unveil his guidelines for reopening the economy. The CEO of Verizon joins the "Squawk on the Street" gang to discuss his purchase of Zoom conferencing rival, BlueJeans. Plus, hear what he had to say about yesterday's call with the President and restarting the economy. Morgan Stanley reporting results, the Chairman and CEO weighs in on the future, the virus and its impact on the economy.