Squawk Pod

As the market rebounds from its sell-off, the Nikkei 225 posts its best day since October 2008. A federal U.S. judge ruled that Google has illegally held a monopoly. Former SEC Chair Jay Clayton discusses the Google antitrust ruling, the recent market sell-off, and the Fed’s interest rate decision. Nassim Taleb, Universa Investments' distinguished scientific advisor and author of ‘The Black Swan,’ weighs in on market volatility, the Fed’s inflation fight, and bitcoin’s volatility. Plus, Vice President Kamala Harris officially secured the Democratic Party’s nomination for President and has selected Minnesota Governor Tim Walz to be her running mate. CNBC's Megan Cassella explains the calculated choice between Gov. Walz and Pennsylvania Gov. Shapiro for the Democratic ticket. Megan Cassella - 11:00Nassim Taleb - 18:09Jay Clayton - 32:34 In this episode:Megan Cassella, @mmcassellaNassim Taleb, @nntalebJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

U.S. stocks take a significant hit, mirroring a worldwide market downturn driven by fears of an impending U.S. recession. Part of the global market sell-off, Japan's Nikkei 225 experienced a dramatic plunge, marking its steepest drop since 1987. Tom Lee, managing partner and head of research at Fundstrat Global Advisors, offers insights into the latest market moves and the broader implications of the sell-off on the Federal Reserve’s interest rate decisions. Then, Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business and chief economist at Wisdom Tree, is calling for emergency rate cuts from the Fed. And Axios co-founder Mike Allen gives an analysis of the 2024 election and the potential impact of Vice President Kamala Harris’ upcoming vice-presidential pick. Plus, Warren Buffett dropped over 49% of Berkshire Hathaway’s stake in Apple. Tom Lee - 12:15Jeremy Siegel - 23:14Mike Allen - 35:27 Tom Lee, @fundstratMike Allen, @mikeallenJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ralph Lauren has outfitted Team USA for nine consecutive Olympics and Paralympics since 2008, designing uniforms for the opening and closing ceremonies. Andrew Ross Sorkin sits down with Ralph Lauren CEO Patrice Louvet to discuss the company’s Olympics 2024 exposure, consumer trends, demand in China, and sports portfolio expansion. Lifestyle and social media maven Martha Stewart what she’s eating (and wearing) at the games, her Paris plans with Snoop Dogg, and the business behind her brand–marijuana and all. Plus, what’s behind this week’s global sell off, including tech Q2 results and the Fed’s latest signal. Patrice Louvet - 04:40Martha Stewart - 18:53 In this episode:Martha Stewart, @MarthaStewartBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a rare and exclusive interview, LVMH Chairman & CEO Bernard Arnault sits down with Andrew Ross Sorkin in Christian Dior’s original drawing room in Paris. LVMH is the premium sponsor of the 2024 Olympic Games, and the conglomerate’s products are everywhere: the medals, the trunks carrying the medals, the uniforms, even the champagne being served. Arnault discusses his company’s long history, its importance to France, and why the sponsorship was so important for his brand. Plus, Arnault discusses the state of luxury and consumer tastes…and his ideas for collaboration with Elon Musk. Watch LVMH’s Team France uniforms–and the LVMH medals–on Peacock and NBC, when you watch any of the Olympic games. Bernard Arnault 6:07 In this episode:Andrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Women at the 2024 Olympics are celebrating their moment. Four-time gold medalist Serena Williams says technology and social media have changed the game for female athletes that have been outperforming for years. One such social media star is rugby Olympian Ilona Maher, who shares her career goals in the wake of her team’s bronze medal win. Retired gymnast and Olympic gold medalist Aly Raisman discusses the pressure in the arenas, whether she’s competing or cheering on her teammate, Simone Biles. Plus, Athleta CEO Chris Blakeslee explains the brand’s “Power of She” campaign, which celebrates women’s strength in sports–and capitalizes on their success. Catch all the Olympics events on Peacock and NBC! Serena Williams - 02:59Ilona Maher - 06:27Aly Raisman - 11:35Chris Blakeslee - 20:04 In this episode:Andrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This year, the Olympics have reached gender parity, according to the International Olympic Committee. Venture capitalist Alexis Ohanian, 776 founder and Reddit co-founder and former executive chairman, discusses his long-held belief in the business opportunity of women’s sports, as well as Athlos, his new womens-only track meet with the sport’s largest prize purse. He says, social media is an important ingredient in the rise of female athlete popularity. For Snap CEO Evan Spiegel, social media is key for the Olympics, too; Snap’s augmented reality lens is available through the official Olympics app, for fans in Paris for the Games. Spiegel discusses prospects for the LA 2028 Olympics, and his vision for a future of lenses, instead of screens. Tune into the Olympics on NBC for all the Games!Alexis Ohanian - 4:26Evan Spiegel - 17:06In this episode:Alexis Ohanian, @alexisohanianEvan Spiegel, @evanspiegelBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Paris 2024 is NBCUniversal’s 18th Olympics. Brian Roberts, Comcast Chairman and CEO, and Michael Cavanagh, Comcast President, discuss the company’s broadcasting rights to the Olympic Games, state of the media landscape, NBC’s NBA rights deal, and their outlook for media and sports. Joe Kernen, Becky Quick, and Andrew Ross Sorkin then look ahead to the 2028 Summer Olympics in LA with Casey Wasserman, chairman of LA 2028, the company organizing the upcoming Los Angeles games. He shares what he’s learned from France’s organization and how he’ll allocate his nearly $7B budget. Plus, en garde! The Squawk team swaps mics for sabers, taking a swing at fencing with the help of Olympians Miles Chamley-Watson and Maia Chamberlain. Catch all the Olympics events on Peacock and NBC. Brian Roberts & Michael Cavanagh - 22:51Casey Wasserman - 14:02In this episode:Becky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At the Olympics in Paris, Joe Kernen, Becky Quick, and Andrew Ross Sorkin sit down with Gold medalist Olympic sprinter Michael Johnson. The legendary runner is pushing his sport forward with Grand Slam Track, designed to increase exposure and salary for athletes in track and field. 1992 Olympic champion swimmer Summer Sanders is helping athletes leverage their training for success after sports with Team USA Partner Guild. She reflects on the mental fortitude needed for a post-gold transition, as well as the many translatable skills from athletics to the workplace. NBC’s Willie Geist swings by the Squawk set for an update on the most-watched games and viral moments so far. Tune into the Olympics on NBC for all the Games! Plus, today’s other headlines: Delta is managing the fallout from its major software outage, and Apple’s new AI features could help you with car sickness. Willie Geist - 11:30Summer Sanders - 22:44Michael Johnson - 26:24 In this episode:Summer Sanders, @SummerSanders_Michael Johnson, @MJGoldWillie Geist, @WillieGeistBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Olympic Games are underway, and Joe Kernen, Becky Quick, and Andrew Ross Sorkin are catching up with business and sports leaders who are in Paris for the spectacle, as well as NBC’s Sam Brock, who has the latest gold medal count. European Central Bank president Christine Lagarde is also in Paris, as both a global leader and a former competitive artistic swimmer. She shares how her sports background informs her career in finance and leadership. 23-time Olympic gold medalist Michael Phelps reacts to America’s win in the 4x100 mens’ freestyle relay and explains his health and rest routines. Plus, businesswoman Michele Kang owns three women’s soccer teams and has launched Kynisca, a global multi-team women’s sports organization. She discusses her investments in sport, and her push for more women’s sports exposure and research. Tune into the Olympics on NBC for all the Games! Sam Brock - 06:26Christine Lagarde - 18:55Michele Kang - 35:09 In this episode:Michael Phelps, @MichaelPhelpsBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the ground in Paris for the Olympics, Andrew Ross Sorkin gets a head start on interviews with the Games attendees, hours before the opening ceremonies on the Seine. Joe Kernen and Becky Quick, in New York until their trips to Paris over the weekend, discuss France’s millions of Olympics visitors and security concerns as the city fills up. Already there is Airbnb CEO Brian Chesky, who says hundreds of thousands of those visitors booked stays through his platform–including one lucky couple staying in the Musée d’Orsay. Also settled for the Games: IAC chairman Barry Diller. The media mogul and Democratic donor discusses why he stopped supporting President Biden’s reelection campaign and why he has full faith in Vice President Kamala Harris. Plus, a veteran media executive, Diller explains why he is no longer vying for Paramount Global. Tune into the Olympics on NBC for the opening ceremonies and all the Games! Barry Diller - 05:48Brian Chesky - 25:43 In this episode:Brian Chesky, @bcheskyBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After the Nasdaq’s worst day in two years, Nasdaq CEO Adena Friedman discusses weathering market “adventures” and the slowly warming IPO market. If all the volatility has you stressed, CNBC’s Sharon Epperson has you covered with advice from financial therapists. Southwest Airlines is making its biggest change in company history. CNBC’s Phil LeBeau reports on the carrier’s new venture into assigned seats and extra legroom, after years of a consistent business strategy. Plus, Chipotle will re-coach staff on portion sizes after much online burrito bowl debate, and Change Research Lead Analyst Betsy App has new polling from voters re-energized by a changed Democratic ticket. Phil LeBeau - 10:54Betsy App - 19:44Adena Friedman - 27:29Sharon Epperson - 35:00 In this episode:Sharon Epperson, @Sharon_EppersonPhil LeBeau, @LebeaucarnewsBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Israeli Prime Minister Benjamin Netanyahu is headed to Congress today. “The Genius of Israel” co-author Dan Senor discusses the geopolitics at play in the leader's US visit, as well as the politics of who’s attending the speech. In the aftermath of the largest IT outage in history, Rand senior analyst Jonathan Welburn is asking whether CrowdStrike–and other big tech firms–are too big to fail. Plus, Alphabet’s YouTube ad revenue came up short in the latest quarter, Visa reported a rare miss on revenues, Elon Musk is denying a report that he’d be donating $45m a month to former President Trump’s election campaign, and the Biden administration scored a tentative win in its efforts to ban non-competes. Dan Senor - 13:39Jonathan Welburn - 25:53 In this episode:Dan Senor, @dansenorBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Vice President Kamala Harris appears to have won the backing of enough Democratic delegates for the nomination. PIMCO’s Head of US Public Policy Libby Cantrill explains what Harris’s endorsements mean for investors. Movie theater chain AMC has reached a debt refinancing deal, and CEO Adam Aron explains the deal, as well as the box office pipeline and keeping up the Taylor Swift Eras Tour momentum. Plus, Delta is still struggling to recover from the IT outage of last week, and Warner Bros. Discovery is making its pitch for NBA rights. Libby Cantrill 13:45Adam Aron 24:28 In this episode: Adam Aron, @CEOAdamBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After President Biden ended his re-election bid, he endorsed Vice President Kamala Harris. CNBC’s Eamon Javers reports on VP Harris’s spike in donations over the weekend, as well as the road toward the Democratic National Convention in August. While some Democrats have already endorsed VP Harris, former President Barack Obama and former Speaker Nancy Pelosi have not, which leaves the door open for other candidates vying for the nomination. Axios’s Mike Allen explains the other candidates who could come forward. Venture capitalist Vinod Khosla is an independent who hosted a Biden fundraiser in May; today, he’s calling for an open convention, but will support VP Harris if she wins the nomination. For Khosla, values are at stake this election, and more important than economic issues. Plus, Warren Buffett’s Berkshire Hathaway has sold $1.5B worth of Bank of America stock, and Delta is still recovering from the largest IT outage in history. Eamon Javers 2:07Mike Allen 16:30 Vinod Khosla 29:57 In this episode:Vinod Khosla, @vkhoslaMike Allen, @mikeallenEamon Javers, @eamonjaversBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One of the largest IT outages in history started with a software update from cyber security firm Crowdstrike. Around the world, hospitals, businesses, news networks (including NBC) were affected when the update rolled out and crashed Microsoft Windows. CNBC’s Phil LeBeau reports from the airport in Wales, where many flights were grounded as airlines grappled with the outage. CNBC’s Steve Kovach explains how one company’s mistake can bring down millions of systems, and Wedbush analyst Dan Ives explains what’s next for the tech sector. The other headline this Friday: Donald Trump has accepted the Republican nomination for President for the third time. CNBC’s Eamon Javers reports from the Republican National Convention on the increasing pressure on President Biden, and pollster Frank Luntz explains the mixed reactions to Donald Trump’s 93 minute speech. Phil LeBeau 4:24Eamon Javers 6:01Steve Kovach 14:02Dan Ives 20:13Frank Luntz 29:07 In this episode:Dan Ives, @DivesTechFrank Luntz, @FrankLuntzEamon Javers, @eamonjaversPhil LeBeau, @LebeaucarnewsBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

JD Vance made his first speech as Donald Trump’s VP pick at the Republican National Convention; CNBC’s Eamon Javers reports on Senator Vance’s reception at the RNC in Milwaukee, and former SEC Chair Jay Clayton explains how Vance’s new economic conservatism works–or doesn’t work–with the Republican preference for Reaganomics. Meanwhile, President Joe Biden has tested positive for Covid-19, but he’s still campaigning. Plus, ChatGPT scored a 98% on a medical exam that most first year residents score a 70% on. Former FDA Commissioner Dr. Scott Gottlieb says, some AI LLMs are good at providing differential diagnoses when presented with detailed lab results. Eamon Javers - 07:30Jay Clayton - 16:56Dr. Scott Gottlieb - 31:04 In this episode:Eamon Javers, @eamonjaversScott Gottlieb, @ScottGottliebMDBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Silicon Valley support is growing for Donald Trump; Marc Andreessen, Ben Horowitz, Peter Thiel, and Elon Musk have each endorsed the Republican nominee, and The Information founder Jessica Lessin says, it might be part of a more widespread shift in tech. Plus, former President Trump is floating ideas for possible cabinet members (like Jamie Dimon for Treasury Secretary), and he’s weighing the risk of dismissing Fed Chair Jay Powell before the end of Powell’s term. One of Powell’s former colleagues, former Boston Fed President Eric Rosengren, discusses the difference between both candidates’ rhetoric and policy, as well as what it means for monetary policy. Plus, President Biden is weighing a Supreme Court overhaul, Elon Musk is moving SpaceX HQ to Texas, and Spirit Airlines is under pressure. Jessica Lessin - 16:37Eric Rosengren - 27:24 In this episode:Jessica Lessin, @JessicalessinBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Republican Nominee Donald Trump has named his pick for VP: Ohio Senator JD Vance. It’s a pivotal choice for the GOP, reports CNBC’s Eamon Javers, who is in Milwaukee for the Republican National Convention. Vance represents a new era for the conservative party, one of populist economics. Oren Cass, executive director of populist thinktank American Compass, is one of the movement’s leaders; Cass explains his conservative economics and the symbolism of JD Vance on the 2024 Republican ticket. Venture capitalist Bradley Tusk explains how populism plays out on social media, as well as the role of internet rhetoric in today’s political climate. Plus, Elon Musk has made an endorsement–but Teamsters has not. And Fed Chair Jay Powell is still aiming for a 2% inflation rate, but it’s complicated. Eamon Javers - 13:53Oren Cass - 16:46Bradley Tusk - 24:55 In this episode:Oren Cass, @oren_cassEamon Javers, @eamonjaversBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The GOP kicks off the Republican National Convention today in Milwaukee, days after the attempted assassination of former President Donald Trump. CNBC’s Eamon Javers reports on the security at the RNC and the latest information on the 20-year-old gunman. Republican Pennsylvania Senate Candidate David McCormick was in the front row of the Butler, PA campaign rally; he recounts the confused moments of the shooting and highlights America’s polarized political rhetoric as a factor in the violence. On both sides of the aisle, lawmakers are calling for civility and peace in a highly charged political environment. After President Biden’s Oval Office address, Biden Campaign co-chair Senator Chris Coons (D-Del.) condemns violence and hostile speech. Eamon Javers - 2:11David McCormick - 13:29Sen. Chris Coons - 29:51 In this episode:Eamon Javers, @eamonjaversDavid McCormick, @DaveMcCormickPAChris Coons, @ChrisCoonsBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If inflation numbers are improving, the Federal Reserve should be ready to cut interest rates–maybe. Wall Street Journal Chief Economics Correspondent Nick Timiraos, known as the ‘Fed whisperer,’ explains the Fed’s rate cut calculus, including inflation metrics and changes in the labor market. CNBC’s Megan Cassella reports on Capitol Hill’s reaction to President Biden’s rare, unscripted press conference, and EU regulators are taking aim at Elon Musk’s X platform. Plus, the Paris Olympics are just weeks away! Washington University in St. Louis Sports Business Director Patrick Rishe says Americans are ready to bet on everything, from gymnastics to basketball. Megan Cassella - 7:37Nick Timiraos - 15:20Patrick Rishe - 25:15 In this episode:Nick Timiraos, @NickTimiraos Megan Cassella, @mmcassellaMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation slowed in June! The Labor Department released its monthly consumer price index, a measure of costs of goods and services and a key metric for the Federal Reserve. Two economists, Wendy Edelberg of Brookings and Joe Lavorgna of SMBC Nikko Securities America, discuss what the better-than-expected numbers mean for the Fed’s next interest rate cut. Head of Bank of America Institute Liz Everett Krisberg shares Bank of America’s latest consumer checkpoint, which reveals a softening in credit card spending. Plus, it’s a pivotal week for Democrats, whether they’re supporting President Biden’s bid for a second term, or not. Consistent backer Senator John Fetterman (D-Pennsylvania) discusses division in his party, as well as the Biden 2024 campaign. Plus, Apple reached a deal with EU regulators on its mobile payments network, and North American demand for Pepsi products has slowed down. Sen. John Fetterman - 15:41Liz Everett Krisberg - 28:25Wendy Edelberg & Joe Lavorgna - 35:43 In this episode:Sen. John Fetterman, @SenFettermanPAKelly Evans, @KellyCNBCJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the AI arms race, some tech giants are teaming up: OpenAI is training on servers that Microsoft rents from Oracle, but Elon Musk is going at it alone. Founder and editor-in-chief of The Information Jessica Lessin explains the strange bedfellows in AI. CNBC’s Emily Wilkins reports on the latest fault lines in the Democratic Party, and Politico’s Politics Bureau Chief Jonathan Martin discusses the many variables deciding President Biden’s next step in the 2024 race. Plus, Amazon is out with its latest processor, venture capital firm Andreessen Horowitz is angling for more AI deals, and CNBC’s Sharon Epperson explains how retirement planning differs between Gen X, millennials, and Gen Z. Jonathan Martin - 22:16Jessica Lessin - 30:47 In this episode:Jonathan Martin, @jmartJessica Lessin, @JessicalessinEmily Wilkins, @emrwilkinsMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Senator Tim Scott (R-South Carolina) is in the running for Donald Trump’s VP; he discusses the 2024 Presidential race and the GOP’s strategy while Democrats and President Biden stay in mainstream headlines. In DC, CNBC’s Emily Wilkins reports on the ongoing debates within the Democratic Party. After Hurricane Beryl made landfall in Texas, millions were without power and three had died. Plus, Athletic Brewing is the top non-alcoholic beer in the country. Co-founder and CEO Bill Shufelt explains the cultural wave of sober-curious drinkers. Sen. Tim Scott 15:11Bill Shufelt 27:15 In this episode: Emily Wilkins, @emrwilkinsTim Scott, @SenatorTimScottMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s a pivotal week for President Joe Biden, as calls for him to step aside mount within the Democratic Party. Biden says he will not back down, and Axios’s Mike Allen says, the lawmaker conversations behind closed doors are more drastic than those making the headlines. After two deadly crashes and multiple quality control issues, Boeing has agreed to plead guilty to a criminal fraud charge that makes the aerospace giant a felon. Paramount Global and Skydance will merge–unless Paramount can find another suitor in the next 45 days, and CNBC’s Steve Kovach explains the EU’s regulatory agenda for big tech. Plus, shares of Corning Glass are soaring. In a rare interview, CEO Wendell Weeks explains how a 173-year-old glass company went from making light bulbs to riding the AI and cloud computing wave. Mike Allen - 14:46Wendell Weeks - 26:18 In this episode:Mike Allen, @mikeallenBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a landslide win for the Labour Party in the UK, Sky News anchor and former CNBC anchor Wilfred Frost explains Keir Starmer’s support, his policies, and the future of the nation’s economy. Here in the US, Democrats are debating the results of the Presidential debate, including whether President Biden should step aside. CNBC’s Megan Cassella reports on the high stakes for President Biden’s TV interview on Friday, and author and professor Adam Grant explains the psychology at play, both for Biden and for the Democratic Party. Friday marks a deadline for Boeing to either plead guilty or go to trial against the Department of Justice over the deadly crashes of 2018 and 2019 and the quality mishaps in subsequent years. Former United Airlines CEO Oscar Munoz considers the costs of each decision, as well as the state of the travel industry at large. Plus, the June jobs report is out–and it’s a set of conflicting labor metrics to inform the Federal Reserve’s next policy decision. Wilfred Frost - 2:24Megan Cassella -13:58Adam Grant - 17:50Oscar Munoz 27:31 In this episode:Wilfred Frost, @WilfredFrostAdam Grant, @AdamMGrantMegan Cassella, @mmcassellaJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ahead of the July 4th holiday, Kayak CEO Steve Hafner says this summer is a good time to fly, as demand has not kept up with flight supply. As America celebrates its 248th year of independence, CNBC’s Jon Fortt considers the state of the American Dream for this generation. Plus, the week’s top headlines in business and politics: Paramount’s hunt for a partner, Eli Lilly’s big Alzheimer’s drug approval, and President Biden’s support among Democrats. Happy 4th! Megan Cassella 6:26Phil Lebeau - 15:32Steve Hafner - 20:12Jon Fortt - 24:42 In this episode:Megan Cassella, @mmcassellaJon Fortt, @jonforttJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Supreme Court has ruled that former President Donald Trump is immune from criminal prosecution for official acts as president, sparking a debate about Presidential immunity and accountability. The Anti-Defamation League has sued Iran, Syria, and North Korea, aiming to hold them accountable for supporting Hamas in its October 7th attacks against Israel. CEO and National Director Jonathan Greenblatt explains why he’s seeking financial compensation for over 125 plaintiffs. The Department of Energy is releasing 1 million barrels of gasoline to lower pump prices before the July 4th holiday. And ahead of that holiday, author and immersive journalist A.J. Jacobs wrote “The Year of Living Constitutionally” about his year living as closely as possible to the Constitution’s guidelines. He explains what he learned using a quill pen and adhering to 18th century norms for a year. Jonathan Greenblatt - 15:42A.J. Jacobs - 23:35 In this episode:Becky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the wake of the first Presidential debate, President Biden’s campaign is fundraising and rallying support despite a disappointing performance. Andrew Ross Sorkin, CNBC’s Megan Cassella, and Axios correspondent Alex Thompson share their respective reporting from different sources across the Democratic party. The Supreme Court has overturned a 1984 decision called ‘Chevron,’ which set a precedent for lower courts to defer to federal agencies when interpreting ambiguities in laws passed by Congress. Former FDA Commissioner Dr. Scott Gottlieb explains what work the FDA has done under Chevron, and he outlines the challenges that lie ahead, after the new ruling. Plus, the summer box office is ‘Inside Out’ and heating up, and so are politics in France. Megan Cassella - 13:15Alex Thompson - 15:56Dr. Scott Gottlieb - 28:35 In this episode:Megan Cassella, @mmcassellaDr. Scott Gottlieb, @ScottGottliebMDAlex Thompson, @AlexThompBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

America–and the Squawk team–is digesting the CNN Presidential Debate. CNBC’s Eamon Javers reports on the respective performances of Presidents Joe Biden and Donald Trump, including Democrats’ concerns about President Biden’s stamina. Investor and briefly the Communications Director for President Trump Anthony Scaramucci digests the debate, the future of the Democratic ticket, and what it all means for investors. In Colorado, Andrew Ross Sorkin reports on the debate reaction at the Aspen Ideas Festival. He shares comments from legendary entrepreneur and venture capitalist, early Facebook investor, and former GOP donor Peter Thiel. Thiel explains his take on social media, China’s plans for Taiwan, and he makes a surprising call on bitcoin. Eamon Javers - 2:15Anthony Scaramucci - 15:05Peter Thiel - 27:48 In this episode:Peter Thiel, @peterthielAnthony Scaramucci, @ScaramucciEamon Javers, @EamonJaversBecky Quick,@BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a rare family interview, former Mylan CEO Heather Manchin and her father Senator Joe Manchin (I-West Virginia) discuss America’s future ahead of the first Presidential debate. The Senator shares his hopes for U.S. leadership, and both discuss their Americans Together effort to back centrist politicians. One of AI’s leading innovators is Mustafa Suleyman; years after co-founding DeepMind, Suleyman is CEO of Microsoft AI, and while at this year’s Aspen Ideas Festival with Andrew Ross Sorkin, he shares his perspective on the “AI arms race” and his vision for artificial intelligence. Plus, Walgreens stock plunged after reporting disappointing quarterly results and announcing store closures. Mustafa Suleyman - 14:57Heather and Joe Manchin - 30:21 In this episode: Mustafa Suleyman, @mustafasuleymanJoe Manchin, @Sen_JoeManchinMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Award-winning producer Brian Grazer joins Andrew Ross Sorkin from the Aspen Ideas Festival to discuss AI’s impact on storytelling and content creation. S&P Global Vice Chair and oil market watcher Dan Yergin explains AI’s role on the US energy grid–and on the 2024 election. Plus, some primary results are in, FedEx’s cost-cutting measures are paying off, and CNBC’s Eamon Javers reports on Donald Trump’s VP options. Daniel Yergin - 18:25Brian Grazer - 28:17 In this episode:Eamon Javers, @EamonJaversMelissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Character actor and director Griffin Dunne joins Andrew Ross Sorkin at the Aspen Ideas Festival to discuss his new memoir, growing up in Hollywood, and the state of entertainment. Plus, how realistic is the Fed’s 2% target inflation rate? CNBC’s Steve Liesman and former CEA Chair Jason Furman discuss whether the central bank will and should adjust its goal. Plus, Nvidia stock is down in recent market sessions, the EU is taking aim at Microsoft, and the TSA beat its daily record of screenings, checking 2.99m people on Sunday. Steve Liesman - 14:19Jason Furman - 18:16Griffin Dunne - 26:37 In this episode:Steve Liesman, @steveliesmanJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From the Aspen Ideas Festival, Carlyle Group co-founder and co-chairman, David Rubenstein, discusses the state of the 2024 race, the Fed’s inflation fight, the state of the economy, and his MLB team ownership. European Union regulators claim that Apple has breached new digital competition laws by preventing app developers from guiding consumers to more affordable services. Joe Lonsdale, founding partner of 8VC and co-founder of Palantir, discusses Apple’s dominance in the app store, the EU's allegations, and how there may be growing silent support in Silicon Valley for former President Trump. Plus, Bitcoin continues its descent to $60,000, and Apple and Meta have discussed an AI partnership for Apple Intelligence. Joe Lonsdale - 14:41David Rubenstein - 25:18 David Rubenstein, @DM_RubensteinJoe Lonsdale, @JTLonsdaleJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

New York Governor Kathy Hochul has signed two bills into law to regulate digital platforms' algorithms and the use of children's data, aiming to protect children and teens online. Gov. Hochul discusses the impact of the first-in-the-nation legislation and also addresses the future of congestion pricing in New York City. Jared Bernstein, Chair of President Biden’s Council of Economic Advisers, discusses the current state of the economy, President Biden’s initiatives to lower the cost of living for Americans, government spending, and its impact on the federal budget deficit. Meanwhile, a cyber outage at retail technology and software provider CDK is affecting automobile dealers across the United States. Plus, Amazon’s new AI-powered Alexa might cost you $10 per month. Jared Bernstein - 11:33Gov. Kathy Hochul - 25:30 Jared Bernstein, @econjared46Gov. Kathy Hochul, @GovKathyHochulJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Surgeon General Dr. Vivek Murthy paints a stark picture of the mental health crisis among young people, the impact of social media, and explains his call for warning labels on social media platforms. And CNBC's Emily Wilkins reports on how crypto companies are trying to influence Washington ahead of the November election. Ahead of oral arguments in a case from the SEC, Kraken CEO Dave Ripley shares insights on the state of the crypto market and the company’s battles with the SEC. Plus, Elon Musk, speaking at the Cannes Lions Festival, urged advertisers to come back to X. Dr. Vivek Murthy - 13:33Emily Wilkins - 24:49David Ripley - 29:55 Dr. Vivek Murthy, @Surgeon_GeneralEmily Wilkins, @emrwilkinsDavid Ripley, @DavidLRipleyJoe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President of the Federal Reserve Bank of Cleveland Loretta Mester has served under 4 different Fed chairs, including Jay Powell. She discusses the Fed’s commitment to hitting their 2% target rate of inflation and the central bank’s road to rate cuts. Just a few weeks shy of her Fed retirement, she reflects on years of monetary policy. In this episode:Steve Liesman, @steveliesmanBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Senator Elizabeth Warren (D-MA) is taking on big banks and Federal Reserve Chair Jay Powell, to whom she says, “do your job.” She has a spirited conversation with Becky Quick and Joe Kernen about the Fed, the banking system, and tax code fairness. And after the Surgeon General’s warning on social media’s harm to kids, former FDA Commissioner Dr. Scott Gottlieb discusses the science proving social media’s toll on teens, and he compares Congress’s strategy today with the FDA’s strategy navigating illicit opioid sales on social media, years ago. Plus, CNBC’s Emily Wilkins reports on the boom of “revenge porn” deepfakes, Apple will stop offering buy now, pay later loans in the U.S., and some victims of the AI craze: Chegg stock is down 90% since OpenAI’s launch of ChatGPT. Sen. Elizabeth Warren - 10:36Dr. Scott Gottlieb - 28:26 In this episode:Sen. Elizabeth Warren, @SenWarrenJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. Surgeon General wants a tobacco-style warning on social media, and George Clooney, Julia Roberts, and Jimmy Kimmel helped President Biden’s campaign raise $30m at a Hollywood fundraiser over the weekend. Author and investor Ruchir Sharma is out with a new book, “What Went Wrong with Capitalism.” He makes a capitalist critique of our economic system in a lively discussion about the government’s relationship with private industry. Plus, flight tracking company Hopper says July 4th deals are still on the table; the app’s lead economist Hayley Berg explains why prices are down this year, and how to save on a last minute getaway. Ruchir Sharma - 14:10Hayley Berg - 25:53 In this episode:Joe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tesla shareholders voted to reinstate Elon Musk’s $56B pay package and to move the company’s corporation from Delaware to Texas. It was a big victory for Musk, but former SEC Chair Jay Clayton says, there’s still more to hash out. Fresh off DC meetings with Republican lawmakers and CEOs, former President Donald Trump is celebrating his 78th birthday. CNBC’s Emily Wilkins reports on the meetings, and Trump’s tax proposals. Attendee House Majority Leader Steve Scalise explains the agenda and the GOP’s plans heading into the November election. Jay Clayton - 2:02Rep. Steve Scalise - 20:50 In this episode:Rep. Steve Scalise, @SteveScaliseEmily Wilkins, @emrwilkinsBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ahead of the Tesla shareholder vote on Elon Musk’s pay package, Ark Invest CEO and CIO Cathie Wood discusses her new, raised 2029 price target for Tesla. As a Tesla investor and an xAI investor, Wood explains her belief in Elon Musk, Tesla’s robotaxi strategy, Apple’s entrance into AI, and this new era of innovation. Plus, the Federal Reserve will hold rates steady, CNBC’s Steve Liesman reports. In an exclusive interview, Treasury Secretary Janet Yellen discusses the labor market, housing’s pressure on inflation metrics, and her latest op-ed about supporting Ukraine’s war effort with earnings from billions of seized Russian sovereign assets. Janet Yellen - 11:40Cathie Wood - 28:43 In this episode:Cathie Wood, @CathieDWoodSecretary Janet Yellen, @SecYellenSteve Liesman, @steveliesmanBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Steve Ballmer, former Microsoft CEO and LA Clippers Chairman founded the data-driven not-for-profit USAFacts. He’s ready to deliver his economic data to Congress and push for transparency in government. Former Republican Speaker of the House Kevin McCarthy is out of his seat but not out of politics. The former lawmaker discusses the 2024 race and explains why this time, the election is more about President Biden than it is about former President Trump. Good economic news, from the Labor Department: May’s CPI data shows that inflation could be loosening its hold on the US economy. CNBC’s Steve Liesman considers the implications for the Federal Reserve’s interest rate strategy. A flurry of headlines have emerged from the Elon Musk universe, including Musk’s dropped lawsuit against OpenAI, hidden likes on X, and personal relationships at SpaceX. Plus, competitive eater Joey Chestnut is between a hot dog and an Impossible hot dog…and fans of Nathan’s hot dog eating contest will miss out on the reigning champion this year. Steve Ballmer - 14:47Kevin McCarthy - 28:21 In this episode:Kevin McCarthy, @SpeakerMcCarthySteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple has entered the AI arms race. WSJ personal tech columnist Joanna Stern discusses the OpenAI-Siri integration, Genmoji, privacy, and Elon Musk’s reaction to Apple’s announcements at the company’s Worldwide Developers Conference. In the wake of EU elections and a shift to the political right across the bloc, Council on Foreign Relations president emeritus Richard Haass considers implications for US politics. He says it’s a tough time for incumbents, and it’s an uncertain world for whoever wins in the upcoming election. Plus, former media executive Edgar Bronfman is reportedly considering a bid for Paramount’s parent company, CNBC’s Emily Wilkins reports on the bipartisan support to crack down on hotel junk fees, and an FDA advisory panel has endorsed Eli Lilly’s Alzheimer’s drug. Richard Haass - 13:29Joanna Stern - 22:23 In this episode:Joanna Stern, @JoannaSternEmily Wilkins, @emrwilkinsJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Less than 5 months from Election Day, two economic policy experts discuss the sticking points in Bidenomics and Trumponomics. Former President Trump’s 2024 senior economic advisor Steve Moore and former CEA chair under President Obama Jason Furman discuss taxes, tariffs, and energy policy. In a discussion about regulation, former FDIC chair Sheila Bair argues in a recent op ed, not all mergers are bad for consumers. Plus, the far right made big gains in the EU’s elections, Caitlin Clark was not chosen for Team USA, and GameStop tumbled 40% after meme stock enthusiast Keith Gill AKA Roaring Kitty held a livestream. Steve Moore & Jason Furman - 12:20Sheila Bair - 25:39 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This bonus episode of Squawk Pod, from our partners at “The Keynote,” features the two most important players in the Biden Administration’s comprehensive reshaping of antitrust law. Federal Trade Commission Chairperson Lina Khan, and U.S. Assistant Attorney General for the Antitrust Division Jonathan Kanter joined Andrew Ross Sorkin at the CNBC CEO Council Summit on June 4th 2024. They spoke about how they have reinvigorated antitrust enforcement, the challenges and opportunities of the digital age and why they feel empowered to act. Plus, one reveals their “Swiftie” status. To listen to other interviews from events check out “The Keynote by CNBC Events” here: https://podcasts.apple.com/us/podcast/the-keynote-by-cnbc-events/id1493248246. For information on upcoming events visit: CNBCevents.com. In this episode:Lina Khan, @linakhanFTCJonathan Kanter, @JusticeATRAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Atlantic contributing writer and happiness guru Arthur Brooks discusses happiness and the upcoming Presidential election; he says, we can all still like each other, even in the face of political polarization. CNBC’s Brian Schwartz reports that former President Trump’s campaign raised $12m at a San Francisco fundraiser, and CNBC’s Steve Liesman reports on May’s jobs report, which came in much hotter than expected. Tesla investor Cathie Wood is backing Elon Musk in his pay deal debate. Plus, Happy Donut Day! Founders of Rise Doughnuts Hugh Mangum and Laura Malone share their sweet small business story to celebrate the day. Steve Liesman - 2:52Brian Schwartz - 7:39Arthur Brooks - 13:42Hugh Mangum & Laura Malone 29:45 In this episode:Arthur Brooks, @arthurbrooksBrian Schwartz, @schwartzbCNBCSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a rare interview, Tesla Chair Robyn Denholm discusses the upcoming shareholder vote on Elon Musk’s pay package. She discusses Musk’s leadership and Tesla’s growth trajectory. New York Governor Kathy Hochul has paused the NYC congestion pricing plan indefinitely; NJ Representative Josh Gottheimer explains why he and many other New Jerseyans are celebrating. Plus, Nvidia has hit the $3T mark, and Boeing’s outgoing CEO Dave Calhoun will testify before the Senate on his way out of the C-suite. Josh Gottheimer - 12:13Robyn Denholm - 24:37 In this episode:Joe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At the Tesla shareholder meeting on June 13th, shareholders will vote (again) on Elon Musk’s compensation package. Longtime Tesla believer and billionaire Ron Baron says he’s voting for the package. In an extended interview, Baron discusses the billions of dollars he has wrapped up in the ‘Elon Musk Ecosystem,’ and how each venture will eventually help the others. CNBC’s Diana Olick explains the state of the housing market, the FCC is looking into AT&T’s latest outage, and The New York Times is reporting that Israel has conducted a covert social media campaign to influence Democrat lawmakers. Ron Baron - 09:35Diana Olick - 32:50 In this episode:Joe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jeffrey Katzenberg led The Walt Disney Studios, he founded DreamWorks, he made Shrek, and now he’s doubling down on tech and cybersecurity investing at WndrCo. Katzenberg and Sujay Jaswa, his co-founder at WndrCo, discuss their $460m raise and their bets on AI’s impact across tech and entertainment. Plus, the Hollywood mogul comments on the potential Paramount-Skydance merger and his faith in Bob Iger. Deputy Treasury Secretary Wally Adeyemo has returned from Ukraine and joins Andrew Ross Sorkin at the CNBC CEO Council Summit in Washington, DC. Deputy Sec. Adeyemo discusses the Russian war machine, inflation pressures for American consumers, and the Biden administration’s message to China. Today’s other headlines include Intel’s newest chip and the latest meme stock mania. Jeffrey Katzenberg & Sujay Jaswa - 16:47Wally Adeyemo - 31:50 In this episode: Wally Adeyemo, @wallyadeyemoJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

GameStop's stock surged again, fueled by speculation that Keith Gill might hold a significant position in the video game retailer. CNBC's Dominic Chu discusses the meme stock craze. Reid Hoffman, a partner at Greylock and co-founder of Inflection AI and LinkedIn, talks about the launch of 'Reid AI,' his own 'digital twin.' He (the real Hoffman) shares his thoughts on the future of AI, the dangers of deepfakes, and the current state of the AI arms race. And, Cleo Abram, host of the popular internet show "Huge If True," weighs in on the creator economy, the role of AI, and whether YouTubers should be considered for Emmy awards. Plus, Nvidia announces new AI chips and OPEC announces production cuts. Reid Hoffman 12:07Cleo Abram 28:03 Reid Hoffman, @reidhoffmanDom Chu, @thedomino Cleo Abram, @cleoabramJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former President Donald Trump was found guilty on 34 felony counts of falsifying business records related to a hush money payment made to a porn star before the 2016 election. Following the verdict, Trump's campaign raised $34.8 million from small-dollar donors in less than seven hours, nearly doubling its single-day fundraising record and crashing the donation website. CNBC’s Brian Schwartz discusses the implications for the election in November. Plus, veteran tech investor and longtime Democrat donor Alan Patricof discusses Silicon Valley's political ties, the 2024 race, and the AI industry's impact on tech valuations. At the Consensus conference in Austin, former NYSE president and Bullish CEO Tom Farley shares both Presidential candidates’ approaches to crypto, and weighs in on the politicization of digital assets. Brian Schwartz - 03:10Alan Patricof - 16:55Tom Farley - 27:20 In this episode:Brian Schwartz, @schwartzbCNBCTom Farley, @thomasfarleyJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.