Iranian Succession, China’s Property Woes, & Tourists in Space 5/20/24

Iran’s President Ebrahim Raisi has died in a helicopter crash. Karim Sadjadpour, senior fellow at the Carnegie Endowment for Peace Middle East Program, explains the issues Raisi’s death poses for Iranian leadership and succession. Hayman Capital Management founder and CIO Kyle Bass discusses China’s real estate crisis, its impact on GDP, and the CCP’s electric vehicle strategy. CNBC’s Kristina Partsinevelos explains Microsoft’s plans for AI PCs, many of which will be unveiled at the company’s Build developer conference. Plus, Xander Schauffele won his first major PGA title, and Blue Origin’s tourism rocket launched passengers to the edge of space after a two year hiatus. Karim Sadjadpour - 16:15 Kyle Bass - 22:50 Karim Sadjadpour, @ksadjadpour Kyle Bass, @Jkylebass Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie