Squawk Pod

Billionaire hedge fund titan Paul Tudor Jones talks inflation, market memes, and bitcoin bets in an extended interview. Ahead of the Federal Reserve’s next meeting, Jones shares his money plays, from commodities and gold to crypto. As a billionaire himself, Jones weighs in on ProPublica’s explosive tax story and the wealthy’s “fair share.” As founder of the Robin Hood Foundation, Jones explains how supporting New Yorkers hardest hit by the pandemic will help rebuild the city as a whole. Plus, a lucky winner is headed to space with Jeff Bezos after a $28 million bid for the seat, and CNBC’s Eamon Javers reports on what the world can expect from the Biden-Putin summit in Geneva, Switzerland. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

From Wall Street to Main Street to Washington, everyone is talking about inflation, which is having a real-life impact on all of our wallets. CNBC’s Kristina Partsinevelos reports on the increasing cost of daily life. Meanwhile, the billionaires in the ProPublica report, on the shocking low taxes paid by the wealthiest individuals, didn’t use complicated strategies to shrink their tax bills. For the most part, they used plain, vanilla deductions. CNBC’s Robert Frank discusses why any attempt to reform the system won’t be easy. Plus, It’s been a year since corporate America pledged to focus on diversity and make institutional changes. A recent analysis shows some progress is being made in boardrooms, though the level of Black directors on corporate boards remains low. Sherrilyn Ifill, president and director-counsel of the NAACP Legal Defense and Educational Fund, discussed what she would like to see from corporate America when it comes to speaking out about diversity, equity and inclusion. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

GameStop, Clover Health, and AMC trades are fueled by buzz on social media, but Reddit co-founder turned venture capitalist Alexis Ohanian says the trading momentum of these “meme stocks” is hardly new. Ohanian shares his outlook for tech startup investing and the blockchain, social media’s role in market surges, and mental health in the workplace. The second Roaring Twenties may be upon us, and furniture retailer RH, formerly Restoration Hardware, is cashing in. Plus, CNBC’s Jane Wells details pork prices and popularity from the World Pork Expo in Iowa. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Instagram is making a big play for influencers, rolling out new money-making features for content creators in its first ever “Creator Week.” Instagram head Adam Mosseri, discusses the new tools and his social media strategy, and he compares Facebook’s approach to revenue with Apple’s. ProPublica is reporting data from the IRS, revealing how American billionaires like Warren Buffett, Carl Icahn, and Elon Musk have avoided paying income taxes. Jesse Eisinger, senior reporter and editor for ProPublica, shares his team’s motivation for publishing the data and his vision for its impact. Plus, meme stock mania continues to rock Wall Street and Reddit, rising labor costs could be hitting your Chipotle budget, and El Salvador is taking cryptocurrency seriously. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Billionaire businessman and hedge funder Marc Lasry breaks down his outlook for the Federal Reserve, meme stock mania, and the bitcoin roller coaster of 2021. Lasry, a co-owner of the Milwaukee Bucks, weighs pros and cons of getting back in the game for the Olympics--either his players, or himself. Former NYSE President and Chairman of Far Peak Thomas Farley talks basketball and interest rates with Lasry, Becky, and Andrew. The FDA has approved the first Alzheimer’s drug in nearly two decades, but Biogen faces tough questions from investors about the drug and its pricing. CNBC’s Meg Tirrell and CFRA Analyst Kevin Huang break down Wall Street’s concerns about the drugmaker’s next steps. Plus, Apple is out with new gadgets and features, President Biden is unkinking the supply chain, and hackers, hacked: the U.S. government is headed for the Darkside Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Amazon founder Jeff Bezos is headed for space; he has a seat on Blue Origin’s first human space flight, and the rocket lift off is in July. As cyber attacks ramp up, White House Cyber Adviser Anne Neuberger shares the government’s efforts to keep American companies safe--but she needs the private sector’s cooperation. Former FDA Commissioner Dr. Scott Gottlieb considers the summer slowdown in U.S. vaccinations, but he expects low Covid-19 prevalence to, for the most part, keep the public safe. Plus, the G-7 nations have agreed to back a globally coordinated tax rate, and economists have their eye on U.S. inflation and consumer optimism. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Retail investors have driven much of AMC Entertainment’s stock roller coaster, and they’re calling themselves “apes.” One of the most vocal of those apes: host of YouTube channel “Trey’s Trades,” Trey Collins. Just hours after his YouTube interview with AMC CEO Adam Aron, Collins shared his outlook for AMC stock and the meme stock movement. He believes the fundamental value of the movie theater chain’s shares will be between $20 and $25 at the end of 2021, although shares of the company hit an all-time high this week, topping out at $72.62. Squawk Box anchors Joe Kernen, Becky Quick and Andrew Ross Sorkin go inside the general shift happening in the stock markets -- it’s about more than free popcorn. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

June marks the 100th anniversary of the 1921 Tulsa Massacre -- one of the worst incidents of racial violence in US history, claiming the lives of 300 African-Americans living, working, and thriving in a neighborhood known as Black Wall Street. After a white mob prompted two days of deadly violence, the events were largely forgotten for decades. A century later, in the wake of 2020’s racial justice protests and George Floyd’s murder, survivors of the massacre shared their experience with Congress. CNBC’s Frank Holland reports from Tulsa, Oklahoma, reflecting on those survivor testimonies and the legacy of Black Wall Street. In a conversation about Black representation in finance and beyond, BET Founder and RLJ Companies founder Robert Johnson considers the impact--and the intention--of businesses pledging money and support to the Black community. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

AMC stock is taking investors on a wild ride. In the midst of a retail investor trading frenzy, AMC announced a stock sale, tanking its share price in the latest chapter of the movie chain volatility. Miami is gearing up for a crypto-palooza, with 20,000 visitors expected to attend the world’s largest crypto conference in the city this weekend. Miami Mayor Francis Suarez says he’s betting on Bitcoin for the future of his city and the future of his portfolio. Hackers are holding up summer commuters, and President Biden is still working with lawmakers on a bipartisan infrastructure bill. Plus, Elon Musk is trying to save the world from bitcoin’s climate impact...while sending rockets into space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Etsy has acquired fashion marketplace Depop for about $1.6 billion in a big bet on the coveted Gen Z demographic. Etsy CEO Josh Silverman discusses the acquisition as well as the company’s post-pandemic outlook. Fresh off its latest boost from Reddit-reading retail traders, AMC is launching “AMC Investor Connect,” an initiative that will put the movie theater chain in direct communication with its individual shareholders and even offers free popcorn. CNBC’s Robert Frank breaks down AMC’s rising fortunes amid the retail-trading boom. Grameen America, a leading micro-finance non-profit, wants to help close the racial wealth gap. Grameen America CEO Andrea Jung, announces a commitment of $1.3 billion in loans to 80,000 Black women entrepreneurs over the next ten years. Plus, Elon Musk is in dangerous waters with the SEC for his tweets - but the Tesla brand may be coming to a drive-in near you - and Amazon is adjusting its drug testing policy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In their first show from the same studio in over a year, Joe, Becky, and Andrew digest headlines from the long weekend: a cyber attack on a meat producer, a retail crypto trading frenzy in China, and airlines, back on the flight paths. Congress may be on recess, but CNBC’s Eamon Javers reports that the Hill is still abuzz with infrastructure bill negotiations. The New York Times columnist Tom Friedman discusses government spending and politics around the world, from China’s Covid-19 origin story to Israel’s and Palestine’s impact on the American Democratic Party. Plus, on the other side of the pandemic, shoppers are back in stores. Shopify President Harley Finkelstein talks entrepreneurship and says a vaccinated public won’t hinder the e-commerce boom. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC has unveiled its 2021 Disruptor 50 list! Coming in at #33: Clubhouse, an audio-only social app that’s similar to podcasts, but less prescriptive with its live, unfiltered content. In just a year, the company has seen explosive growth and forced industry incumbents like Facebook, Twitter and Spotify to introduce similar audio products, or in some cases, make strategic acquisitions within the space. Paul Davison, Clubhouse co-founder and CEO, discusses the company’s success during the pandemic and plans for monetization. At #36: logistics company Gopuff, which promises delivery of essential items in 30 minutes or less. Rafael Ilishayev, Gopuff Co-CEO and co-founder, details the company’s vertical business model and its partnership with Uber. Plus, a conversation you’ll hear only on Squawk Pod with the list’s founder CNBC’s Julia Boorstin. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Martha Stewart discusses the cannabis industry and her new role as “official” strategic advisor for Canopy Growth. She shares her favorite CBD gummies for her pets and for her own nighttime ritual. CEOs of the six biggest banks in America were grilled by both sides of the aisle in Congress this week, defending fees, compensation, and their role in the U.S. recovery. Senior analyst at Americans for Financial Reform Alexis Goldstein digests the grilling with founder of Skybridge Capital Anthony Scaramucci in a conversation about stakeholder capitalism and Wall Street accountability. Plus, it’s the Little Engine No. 1 that could--and did. CNBC’s Leslie Picker shares details of the Exxon proxy battle, and CNBC’s Bertha Coombs reports on Ohio’s very literal vaccination lottery. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the wake of George Floyd’s death, corporate America took a stand on racial inequality and committed billions of dollars to help close the racial wealth gap. A year later, JUST Capital Managing Director Yusuf George revelas new research on where corporations stand on pay equity today, and how far they still need to go. Most employers are getting ready to welcome workers back to the office, but not everyone wants to return. Mark Weinberger, former EY chairman and CEO, shares why over time, more employees will see the value in returning to the office. Amazon is buying MGM Studios, the companies announced, marking Amazon’s most ambitious move yet into the entertainment business. Plus, Uber prices are surging and Tesla is ditching radar for cameras. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Airbnb has announced a major slate of updates to its platform just in time for an expected surge in travel. Airbnb CEO Brian Chesky discussed the update and what he expects from the post-pandemic travel surge. CNBC’s Phil LeBeau also reports airline passenger levels are inching closer to where they were before the pandemic. Moderna said its Covid-19 vaccine was effective in a study of adolescents ages 12 to 17, making it the second shot behind Pfizer’s to demonstrate high efficacy in younger age groups. CNBC’s Meg Tirrell reports on the emergency approval. Plus, Amazon nears a deal to buy MGM Studios for nearly $9 billion and Florida has become the first state to regulate how tech companies moderate speech online. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Space tourism company Virgin Galactic logged a successful spaceflight test over the weekend, complete with flips in microgravity and a stock surge to match. Offices are ready to return to normal, and staffing agency Lasalle Network CEO Tom Gimbel says the “new” normal will likely look a lot like the old one. He shares his expectations for hybrid work, as well as the pros and cons of remote work for employees and managers alike. The U.S. may finally be turning a corner in the pandemic; former FDA Commissioner Dr. Scott Gottlieb discusses masking for kids, the Covid-19 origin story, and the likelihood of a winter resurgence. Plus, cryptocurrencies are emerging from a hell week, and Phil Mickelson has won the PGA Championship, a victory that makes him the oldest major champion in golf history. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ten years and $260 million later, IAC Chairman Barry Diller and his wife, fashion designer Diane von Furstenberg have unveiled Little Island, the floating park along the west side of Manhattan. In Squawk Box’s first on location interview in over a year, Andrew Ross Sorkin sits down--outside and 6 feet away--with Barry Diller in the 2+ acres of green space now open to the public. The two discuss New York’s sunny reopening after a long, dark year. Plus, the media mogul shares his thoughts on the AT&T-Discovery deal, Amazon’s play for MGM Studios, and where media consolidation leaves Comcast, Disney, and Netflix. Ahead of the Apple vs. Epic Games courtroom drama, Diller weighs in on tech power and regulation. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Swedish oat milk brand Oatly makes its market debut on the Nasdaq after pricing its initial public offering at $17 per share and raising $1.4 billion, the top of the expected range. Oatly CEO Toni Petersson discusses the company’s sustainability mission and business outlook. The Federal Reserve is hinting at pulling back from its pandemic-prompted bond buys. David Rubenstein, co-founder and co-executive chairman of the Carlyle Group, discusses the resulting market whiplash, crypto's roller coaster ride, and post-Covid investor sentiment. Plus, Colonial Pipeline made a $4.4 million ransom payment to its cyber attackers. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Target CEO Brian Cornell shares the retailer’s big quarterly results; with sales up over 20% Cornell says American shoppers are finally back--and buying--in stores. Cryptocurrencies are selling off, with bitcoin hitting three month lows. Joe, Becky, and Andrew break down the bitcoin and ethereum meltdowns and consider the risks of speculative assets. Plus, website builder Squarespace went public on the New York Stock Exchange via direct listing. CEO Anthony Casalena explains building the internet, and his company’s path forward as a public, profitable company. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Retailers are reporting a boom in consumer demand in their quarterly results; Walmart and Home Depot impressed Wall Street with their most recent financials, and they’re betting that the shopper appetite is healthy and here to stay. Senator Rob Portman (R-OH) considers the country’s post-Covid employment realities as job opportunities grow faster than hiring. Plus, CNBC’s Eamon Javers reports on the group pushing back on American CEOs getting involved in politics; he explains “woke capitalism” and why this cohort of conservatives is campaigning against it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a surprise move, AT&T has announced a $43 billion deal to merge WarnerMedia with Discovery Inc. Joe, Becky, and Andrew digest the news and what it means for media, from Hollywood to Wall Street. Media watcher and LightShed Partners co-founder Richard Greenfield considers content and business possibilities for the new entity and explains how he sees the deal affecting HBO Max and Discovery Plus subscribers. Plus, the “new” normal is finally on its way: former FDA Commissioner Dr. Scott Gottlieb says that by June, most Americans won’t be wearing masks, and vaccinated people have very little reason to continue wearing them. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jet.com founder Marc Lore left his post heading Walmart’s e-commerce business for his own adventures in entrepreneurship and investing. In his first interview since his departure, Lore shares his vision for venture capital (with Alex Rodriguez) and his expectations for online shopping in a post-pandemic world. Tech stocks have had a rough month so far, but Insider CEO Henry Blodget says the tech sector may finally be settling into realistic valuations. He tracks bitcoin’s journey to 2021 and where crypto may go from here. Plus, Elon Musk is tweeting about dogecoin (again), and masks up--or down! The CDC says it’s your choice, if you’re vaccinated. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a surprise reversal, Tesla CEO Elon Musk announced that his EV company will no longer accept Bitcoin as payment for its cars. His move comes as concerns about crypto’s environmental impact ring louder and louder: 1 bitcoin transaction has the same carbon footprint as over 735,000 Visa transactions and over 55,000 hours on YouTube. In an exclusive interview, SoftBank founder and CEO Masayoshi Son speaks to Andrew Ross Sorkin about his winning--and losing--bets, from Uber, Alibaba, and DoorDash to WeWork. The legendary tech investor admits that he missed out on opportunities like Airbnb, and explains some of his investment philosophy. Plus, the Japanese billionaire reveals his own concerns about the Tokyo Olympics. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the wake of the Colonial Pipeline ransomware attack, Senate Intelligence Committee Chair Mark Warner (D-VA) plans to introduce bipartisan legislation that requires mandatory cyber incident reporting. Sen. Warner discusses the need for a coordinated cyber response team to protect American companies from malicious foreign actors employing cyber warfare. A set of NFTs sold for $17 million at a Christie’s auction this week; CNBC’s Robert Frank shares details of the CryptoPunks sale and explains how tech stock performances have affected the Elon Musk and Jeff Bezos fortunes. Plus, Wall Street is reeling from inflation concerns and a market sell-off. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In an extended, CNBC exclusive interview, billionaire investor and hedge fund manager Stanley Druckenmiller shares his concerns about the Federal Reserve’s extended accommodative monetary policy over a year into the pandemic. He considers risks to the markets and to the US dollar, and he highlights foreign bond buys, retail sales, and historical statistics in his case against the Fed Powell’s current course of action. Plus Druckenmiller, CEO of Duquesne Capital Management, ponders the next big thing in crypto and his exit from the US stock market. Pfizer’s Covid vaccine is approved for teens and children, and inflation anxieties mount on and off of Wall Street. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The United States’ largest fuel pipeline has been shut down since Friday after a cyber attack, and it’s not clear how long the outage will last. CNBC’s Brian Sullivan reports that the outage could lead to spot shortages of gas, diesel, and jet fuel, and CNBC’s Eamon Javers details the “DarkSide” hacking group reportedly responsible for the attack. The disappointing April jobs report sparked debate about why American hiring hasn’t picked up as quickly as economists expected. CNBC’s Steve Liesman and Rahel Solomon discuss whether the U.S. economy might experience a lasting shortage of labor after the jobs miss. Anthony Scaramucci, founder of Skybridge Capital, says unemployment benefits are not to blame; most Americans want to work. Scaramucci also recaps Elon Musk’s appearance on “Saturday Night Live” and the resulting dogecoin nosedive. The Biden administration announced last week that it supports waiving intellectual property protections for Covid-19 vaccines in order to address the global shortage. Dr. Scott Gottlieb, member of the boards of Pfizer and biotech company Illumina and former FDA Commissioner, says the patent won’t solve the immediate problem of global vaccine distribution. Gottlieb also discussed his thoughts on the quickly-changing federal guidance on coronavirus restrictions. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In his first major interview as Chair of the Securities and Exchange Commission, Gary Gensler discusses his approach to bitcoin, the GameStop volatility, and the Archegos scandal. He identifies gaps in America’s regulatory ecosystem and emphasizes freshening the SEC’s rules to handle modern technology. While Elon Musk preps for the Saturday Night Live stage this weekend, Gensler shares his own view of media and celebrity roles in the markets. Plus, Twitter has introduced a new Tip Jar feature, and the Squawk Box anchors swap strategies to up engagement--and repair relationships with the new offering. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Booking Holdings CEO Glenn Fogel discusses the travel trends for Americans as vaccinations ramp up across the country. Airports are close to being busier than they’ve been in over a year, and Fogel says the communities with the best vaccination rollouts are the ones who stand to benefit the most from travelers. The Biden administration is attempting to mitigate global vaccination inequality by supporting waiving intellectual property rights for Covid vaccines. Plus, dogecoin’s ascent has Wall Street fascinated, and Broadway is making its way back for the masses. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Serial entrepreneur Gary Vaynerchuk has launched a collection of non-fungible tokens in the hopes of building a community around NFTs and integrating that technology with smart contracts. With his VeeFriends project, he’s attaching “utility” to non-fungible tokens, and he’s betting big on the metaverse and the crypto ecosystem. Jessica Alba, founder of lifestyle brand The Honest Company, joins her CEO Nick Vlahos in a conversation about the company’s debut on the Nasdaq. Her team is betting on a sustained interest in sustainability and the health-conscious economy. Plus, Treasury Secretary Janet Yellen is tempering her comments on a potentially “overheating” economy, and Krispy Kreme is serving up an IPO. Happy Cinco de Mayo! May your celebrations last until the Berkshire Hathaway stock splits. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Union Square Hospitality Group and Shake Shack founder Danny Meyer discusses the restaurant industry’s biggest challenges in getting back to normal as New Yorkers gear up for a summer reopening. Dogecoin’s market cap continues to grow, despite its “funny” origins, and the philanthropic community wonders what’s next for the Bill and Melinda Gates Foundation. CNBC’s Robert Frank considers the couple’s divorce and its repercussions for charitable giving. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

At the Berkshire Hathaway Annual Shareholders Meeting, investing legends Warren Buffett and Charlie Munger reveal their successors and discuss--and defend--their investment decisions. In the first public conversations they’ve had in a year, Buffett and Munger answer questions from Becky Quick and their shareholders about Apple, airlines, climate change, inflation, Robinhood, SPACs, and their own, decades-long friendship. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Twitter CFO Ned Segal discusses Twitter’s growth strategy in a post-pandemic age of social media. Senator Elizabeth Warren’s (D-MA) efforts to get America’s wealthy to “pay their fair share” have consistently centered billionaire investor Leon Cooperman, a vocal critic of her proposed “wealth tax.” In an extended interview, Cooperman, Omega Family Office Chairman & CEO, defends his position on taxes, philanthropy, and Senator Warren herself. Insider, Inc. CEO Henry Blodget unpacks Amazon’s blowout financial performance in the first quarter of 2021, and speculates on what’s next for the behemoth of Bezos. Plus, Apple is under scrutiny in the EU, and the Squawk Box anchors are taking their vitamins. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In President Biden’s first speech to Congress, he emphasized jobs, support for the middle class, and all Americans “paying their fair share.” Pollster and strategist Frank Luntz breaks down what the President’s priorities mean for Wall Street and for the working class. Plus, get ready to reopen; Joe, Becky, and Andrew discuss New York City’s bright future and the return of the cruise. Squawk Pod is a Webby Nominee! Cast your vote by May 6th for a People’s Voice Award here: https://bit.ly/2QZKzfp Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Senator Elizabeth Warren (D-MA) held the first hearing of her newly formed Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth. She discussed her vision for a fair tax system and the need to raise taxes on corporations and the wealthiest Americans. President Joe Biden will address Congress tonight to pitch his new proposal of $1.8 trillion in investments and tax credits aimed toward children and families. CNBC’s Ylan Mui breaks down what’s in the bill. Microsoft and Google’s parent company Alphabet reported earnings Tuesday after the bell. Alphabet’s big beat came amid a rise in online ad sales and Microsoft saw its biggest revenue growth since 2018. Stephanie Link, chief investment strategist and portfolio manager at Hightower, discussed how investors should approach these results. Plus, where's the beef? And Squawk Pod is a Webby Nominee! Cast your vote by May 6th for a People’s Voice Award here: https://bit.ly/2QZKzfp Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Leaders in Washington continue their debate of “infrastructure” as some lawmakers begin crafting counters to President Biden’s $2T plan. Transportation Secretary Pete Buttigieg discusses the bipartisan effort to invest in America’s infrastructure--and to define what the word should encompass. Pfizer CEO Albert Bourla discusses the Covid-19 crisis in India and addresses the global impact of vaccine hesitancy, at home and abroad. New Bank of America research reveals that amid a busy earnings week, many CEOs are signaling inflation concerns to their investors. Plus, GameStop is in the market for a new leader, and CNBC’s Eamon Javers reports that Washington is budgeting out the minimum wage. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

As vaccinations in the U.S. continue, health officials may consider relaxing some guidelines for wearing masks outdoors. Former FDA Commissioner Dr. Scott Gottlieb considers spring and summer Covid safety and suggests that the low infection rates across the country may finally be here to stay. In the wake of a volatile week in crypto, Coinshares’ Chief Strategy Officer Meltem Demirors explains the rise of Dogecoin, the fall of Bitcoin, and this pivotal moment in the crypto-finance ecosystem. Plus, the U.S. could be bracing for a rally in everything, from social lives to economics, and Elon Musk will be live, from New York! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Joe Biden is expected to propose doubling the tax rate wealthy Americans pay on investment returns when they sell stocks and other assets. CNBC’s Ylan Mui reports on the possible hike in capital gains taxes that sent a shockwave through Wall Street. Rep. Josh Gottheimer (D-NJ) and Rep. Nicole Malliotakis (R-NY) also discuss Biden’s new proposal as well as the lawmakers’ recently formed bipartisan SALT caucus. The Oscars will air on Sunday and many are anticipating a lower interest in the award show this year. Despite that, advertising costs have continued to rise; Ed Lee, corporate media reporter for The New York Times, and Sara Fischer, Axios media reporter, discuss the Hollywood economics behind award season. Plus, get your questions ready, it’s time to #AskWarren! Ahead of the Berkshire Hathaway Annual Shareholders Meeting, CNBC is collecting your questions for Warren Buffett, the Oracle of Omaha, at [email protected]. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

AT&T CEO John Stankey says “the glory days are still in front of us” when it comes to the future of HBO. He discusses the company’s first quarter results, prioritizing dividends for shareholders, and voting rights across America. CNBC’s Diana Olick reports President Joe Biden’s aggressive new sustainability goals, targeting a 50-52% reduction from 2005 levels of greenhouse gas pollution by 2030. Pets became an even bigger part of our lives throughout the pandemic and stay-at-home mandates. Ron Coughlin, CEO of Petco, discusses the surge in pet adoptions, and the push for pet-friendly workplaces. Plus, crypto madness and (maybe) understanding Dogecoin. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal (D-WA) have introduced their College for All Plan, legislation that would make college education free; CNBC’s Ylan Mui reports concerns that the costs of free education may hit some folks on Wall Street harder than intended. In the wake of rising hate crimes against Asian Americans across the country, Senator Mazie Hirono (D-HI) details the COVID-19 Hate Crimes Act, which pushes Congress to combat racially motivated harassment and violence. Senator Hirono discusses President Biden’s infrastructure plan and bipartisanship on the Hill. Apple’s Tim Cook has whipped up a new batch of tech treats for worldwide consumers, including a springy new iPhone color and a tracking device for all your other devices. Plus, a new study finds that sleep deprivation could increase risk of dementia; Joe, Becky, and Andrew swap secrets for sound sleep, even with a 4AM wake-up call. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

GOP lawmakers are pushing to shrink President Biden’s more than $2 trillion infrastructure plan. Sen. Rob Portman (R-OH) discusses his pitch to pay infrastructure reforms, potential bipartisan support on gun control, and keeping the crypto community out of the legal shadows. In the wake of a fatal Model S crash outside of Houston, Tesla CEO Elon Musk has denied that “autopilot” features were responsible. CNBC’s Phil LeBeau discusses the two federal probes investigating Musk’s claims. PayPal’s Venmo will now let users buy, hold, and sell bitcoin and other digital tokens, a potentially significant step toward moving cryptocurrencies into the mainstream. Homeowners in the United States likely saw their property taxes jump. CNBC’s Robert Frank reports how much more Americans are paying and who’s feeling the most pain. Plus, CNBC’s Frank Holland shares the green behind the green: a look at the marijuana marketplace on the famed 4/20. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Half of all U.S. adults have received at least one dose of a Covid vaccine. Former FDA Commissioner Dr. Scott Gottlieb discusses this major milestone and considers hurdles in the next phases of the pandemic. Republicans and Democrats continue to clash over interpretations of “infrastructure” as lawmakers debate President Biden’s $2.25T plan to invest in bridges, roads, water supply, electric vehicles, and family care. Contributing writer for The Atlantic and “The Art of Happiness” host Arthur Brooks unpacks the compromise needed from both sides of the aisle to achieve any kind of progress. CNBC’s Phil LeBeau reports on a Tesla crash in Texas and unpacks the regulatory implications of testing “autopilot” cars and self-driving technology. Plus, Beijing has changed its tune when it comes to cryptocurrency; China now considers bitcoin an “investment alternative.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re capping off our inaugural week packed with powerhouse guests and the top stories in tech with an exclusive interview with Airbnb CEO Brian Chesky. He discusses the future of work and his travel expectations post-Covid with our Deirdre Bosa. Plus, big time tech investor Jason Calacanis joins us to weigh in on the week of market debuts, Coinbase’s implications for crypto and Robinhood’s fight in Massachusetts. We’ve also got new product news coming up next week from Apple-we’re digging into customer loyalty to both Apple and Amazon remaining high. And our Julia Boorstin takes us live to Universal Studios Hollywood on re-opening day. CNBC’s Josh Lipton also joins to break down the chip stocks to invest in right now. That and so much more today on the show. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dogecoin, originally a joke cryptocurrency, has risen by 400% in just a week, pushing the meme token to a market value worth tens of billions of dollars. Well over a year into the Covid-19 pandemic, CNBC’s senior economics reporter Steve Liesman says the pandemic may not be over, but the recession probably is. Former Speaker of the House John Boehner considers America’s journey to this political crossroads, and shares why he’s swapped Capitol Hill for the cannabis business. Plus, Pfizer vaccines may come with a third dose and other upkeep. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Coinbase, the cryptocurrency exchange, went public in a blockbuster direct listing valued at nearly $100 billion. The first public debut of a major crypto business in the US is a “watershed” moment for the industry and the future of money. Coinbase CEO and co-founder Brian Armstrong joins Andrew Ross Sorkin for an exclusive conversation on the company’s choice to go public through a direct listing, the potential risks of regulation from crypto-skeptics, Bitcoin’s surge to all-time highs and more. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lots to cover in tech today. We’ve got a packed show. We hit the biggest news of the day in tech with Kanyi Maqubela of Kindred Ventures. He gives us his take on Bezos’ comments to shareholders on the Alabama union vote defeat and the record-breaking Coinbase market debut yesterday. On the Coinbase front, the OG investor in the crypto platform Garry Tan joins on why he got in early and his initial belief in the company. Plus, we’ve got AppLovin CEO Adam Foroughi ahead of the IPO shaping up to be one of the largest this year. Finally, we’re tracking Jack Ma as he resurfaces for the first time since October with Financial Times reporter Ryan McMorrow. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’ve got a new show and we’re in the swing of things. Today on the show, CNBC’s Carl Quintanilla, Jon Fortt and Deirdre Bosa take a deep dive into the long-awaited Coinbase IPO and talk the future of crypto with Coinbase investor Ron Conway. Plus, we’ve got an exclusive interview with Slack CEO Stewart Butterfield, and Julia Boorstin joins to break down a CNBC.com scoop on the recent GOP retreat that brought together major donors and leaders at Trump’s Mar-a-Lago resort. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Just two weeks after a group of Black business executives co-wrote a letter urging the rest of corporate America to oppose Georgia’s voting legislation, a much larger group has penned a similar statement defending voting rights. Among the signatories: Warren Buffett, Amazon, Google, BlackRock, and hundreds of others. Now in the limelight: members of the business community who chose not to sign. While the CDC and FDA look into concerns about risks potentially associated with the Johnson & Johnson vaccine, Moderna has revealed its Covid vaccine to be over 90% effective, six months after the second dose. Moderna CEO Stephane Bancel shares more of the company’s data, as well as details of the industry’s vaccination safety system. Plus, crypto’s day has come; in a massive and massively anticipated direct listing, Coinbase has debuted on the public markets. Longtime crypto investor and Bitcoin bull Michael Novogratz explains why Coinbase is just the beginning of a revolution. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

TechCheck Day 2! On our second day as a new show, CNBC’s Carl Quintanilla, Jon Fortt and Deirdre Bosa talk to Twitter’s Former CEO Dick Costolo about Grab, SPACs, valuations and how Bitcoin keeps climbing higher. Then, Affirm’s Founder & CEO Max Levchin weighs in on the future of payments and gives us a gutcheck after the company’s IPO earlier this year. We also hit the J&J news of the day and Julia Boorstin talks Facebook’s plan to delve deeper into the dating space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

After 6 people in nearly 7 million Johnson & Johnson vaccine recipients developed a rare type of blood clot, the FDA and CDC have recommended a pause on administering that vaccine in the United States. CNBC’s Meg Tirrell digests the news and what it means for the rest of the J&J vaccine recipients, and Dr. Kavita Patel, a practicing physician and former health official in President Obama’s administration, considers the pause’s impact on vaccine supply, timeline goals, and vaccine hesitancy among Americans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today, CNBC launched its newest daily podcast, TechCheck. Each day, CNBC’s Jon Fortt, Carl Quintanilla and Deirdre Bosa bring you the boldest ideas and most influential names in the tech industry. This bi-coastal program dives deep into stocks focused on new technologies and trends while highlighting the latest news out of iconic companies, FAANG heavyweights, social media darlings, streaming giants, red-hot disruptors and more. Available to listen daily by 12:30pm ET / 9:30AM PT. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.