Squawk Pod

Latest Episodes:

A Hollywood Strike, a Warning in Washington, & Uber on the Road to Profit 05/02/23 May 02, 2023

Show notes

In Washington, Treasury Secretary Janet Yellen has warned that the U.S. could hit the debt ceiling by June 1st, much earlier than expected. At Uber headquarters in New York, CEO Dara Khosrowshahi discusses the company’s strong financial quarter, competition with Lyft, and his faith in Uber’s path to profitability. In Hollywood, writers have gone on strike, pushing for a fair deal from studios and delaying upcoming TV releases and production. Semafor co-founder and editor in chief Ben Smith discusses the politics of Hollywood, the recent shake ups in news media, and his new book, “Traffic.” Plus, AI is shaking up the Chegg’s workforce.

In this episode:

Dara Khosrowshahi, @dkhos

Ben Smith, @semaforben

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

First Republic’s Failure 05/01/23 May 01, 2023

Show notes

In the third bank failure since March and the second largest bank failure in U.S. history, First Republic’s assets have been seized and auctioned. JPMorgan emerged the winner of the bank bidding, taking on about $92 billion in deposits, $173 billion in loans, and $30 billion in securities. CNBC’s Leslie Picker reports the details of the deal and the failure, and former NEC Director Gary Cohn joins former SEC Chairman Jay Clayton to discuss what happened and what’s next for the U.S. financial system. Plus, antiwork sentiment is rising. Chief scientist of workplace culture at Culture Partners Jessica Kriegel explains “quit-tok” trends and mass layoffs across industries.

In this episode:

Gary Cohn, @Gary_D_Cohn

Jessica Kriegel, @jessica_kriegel

Leslie Picker, @LesliePicker

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Big Oil’s Record Profit with ExxonMobil CEO; Tech’s Week of Results 04/28/23 Apr 28, 2023

Show notes

ExxonMobil reported record profits for its latest quarter. CEO Darren Woods discusses oil prices and how his company’s profits complicate its relationship with the White House. After a busy week of tech earnings, Joe Kernen, Becky Quick, and Andrew Ross Sorkin consider the results for tech players including Amazon, Snap, Pinterest, and Intel. Coinbase is firing back at the SEC’s Wells notice, flagging the company’s potential violations of securities law. Plus, Microsoft and Activision Blizzard plan to appeal the UK CMA’s decision to block their merger. Former Facebook General Counsel Chris Kelly explains what this means for the FTC, what the appeals process might look like, and how regulator crackdown on companies could affect the dealmaking ecosystem.

In this episode:

Darren Woods, @exxonmobil

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Activision Blizzard CEO & a Debt Bill ‘DOA’ 04/27/23 Apr 27, 2023

Show notes

The day after Britain’s regulator, the UK Competition and Markets Authority, blocked Microsoft’s acquisition of Activision Blizzard, Activision CEO Bobby Kotick is on the record about his planned appeal. Britain’s decision could affect the FTC’s decision in the U.S., but Kotick says of the UK CMA, “they don’t really understand our business.” The House of Representatives has passed a bill to raise the debt ceiling, but it’s widely considered to be “dead on arrival” to the Senate. Plus, Meta reported a strong quarter despite a loss in its metaverse unit, and Theranos founder Elizabeth Holmes is going to prison–but not yet.

In this episode:

Bobby Kotick, @ATVI_AB

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Big Tech’s Big AI Race & Illumina CEO’s Proxy Fight 04/26/23 Apr 26, 2023

Show notes

Microsoft and Alphabet have reported strong financial results, but as CNBC’s Steve Kovach reports, investors were only listening for big tech’s big plans for AI. RSE Ventures co-founder and “Burn the Boats” author Matt Higgins discusses the AI strategy for all the tech giants and what’s at stake for companies that slow their innovation. Elsewhere in the AI arms race, Apple is planning an AI-powered health coach. Biotech company Illumina is fighting to keep Grail, a product that tests for cancer with only a single drop of blood. CEO Francis Desouza discusses his proxy fight with activist investor Carl Icahn and the push to divest Grail from the rest of the biotech business. Plus, Wall Street is sizing up the balance sheets of regional banks including PacWest and First Republic.

In this episode:

Matt Higgins, @mhiggins

Steve Kovach, @stevekovach

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Investing Legend Peter Lynch & Media’s Talent Shakeup 04/25/23 Apr 25, 2023

Show notes

Famed investor Peter Lynch shares his tips for a successful portfolio. After turning Fidelity’s Magellan Fund into one of the most successful mutual funds of all time, Lynch retired in his 40s, but still invests personally, decades later. He shares his “buy what you know” philosophy, and urges investors to do their homework on the companies they’re betting on. In a whirlwind of news announcements, CNN’s Don Lemon and Fox’s Tucker Carlson are out of their respective networks. Semafor co-founder and editor in chief Ben Smith discusses what’s next for all parties, and the impact both departures might have on ratings. Troubled regional bank First Republic has reported much larger deposit outflows than Wall Street expected; Piper Sandler analyst Andrew Liesch discusses the report and the financial drama still to come. Plus, President Biden is running for another term.

In this episode:

Ben Smith, @semaforben

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Reports Ramp Up, Jeff Shell Steps Down, & Ethical Investing 04/24/23 Apr 24, 2023

Show notes

A colossal week for corporate earnings awaits: a third of the S&P 500 and nearly half of the Dow report quarterly results over the next 5 days. JPMorgan Asset Management global market strategist Gabriela Santos explains what we may learn about the U.S. economy through the performance of equities and considers whether a slowdown is coming. Jeff Shell, CEO of CNBC parent NBCUniversal, left his role after admitting to having an inappropriate relationship with a company employee. CNBC’s Julia Boorstin and LightShed’s Rich Greenfield discuss what’s next for NBC’s leadership, business, and content. Plus, CNBC.com political finance reporter Brian Schwartz reports, some state financial officers who have criticized ESG have been simultaneously personally invested in the fossil fuel industry.

In this episode:

Rich Greenfield, @RichLightShed

Julia Boorstin, @JBoorstin

Brian Schwartz, @schwartzbCNBC

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Death of the Blue Checks, Disney vs. DeSantis and CEOs Around the World 04/21/23 Apr 21, 2023

Show notes

Treasury Secretary Janet Yellen has called for a “constructive” and “healthy” relationship between the United States and China, in spite of conflicting national security interests. Former Xerox CEO Ursula Burns and West Exec Advisors co-founder Michele Flournoy discuss the fine line that corporate leaders must walk to do business globally. Twitter has finally implemented a previously announced removal of blue check marks. The change means that only paying Twitter Blue subscribers will retain a blue check mark next to their name. Disney is telling its lobbyists to step up its fight against Florida Governor Ron DeSantis and his GOP allies by targeting land use related bills that could hurt the company. Plus, Buzzfeed is laying off 15% of its staff and police in Canada are investigating a gold heist valued at around $15 million from Toronto’s Pearson airport.

In this episode (no blue check marks here!):

Michèle Flournoy, @micheleflournoy

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Kevin Hart, Tesla’s Bottom Line, & A ‘Swift’ Pass on FTX 04/20/23 Apr 20, 2023

Show notes

Actor, comic, investor, and entrepreneur Kevin Hart discusses his new tequila brand, Gran Coramino, with partner and CEO of Global Brand Equities, James Morrissey. Hart discusses his many ventures, including VC, vegan fast food, and entertainment. As debt ceiling negotiations heat up in Washington, members of the Problem Solvers Caucus Rep. Josh Gottheimer (D-NJ) and Rep. Brian Fitzpatrick (R-PA) emphasize the importance of finding common ground between parties and moving forward. Plus, Tesla has a margin problem, Florida Governor DeSantis’s fight with Disney is escalating, and news for Swifties of all ages: Taylor Swift dodged the FTX disaster by doing her due diligence.

In this episode:

Kevin Hart, @KevinHart4real

Josh Gottheimer, @RepJoshG

Phil Lebeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Fallout for Fox, AI in the Markets, & News at Netflix 04/19/23 Apr 19, 2023

Show notes

Fox Corp. has agreed to pay $787.5 million to Dominion Voting Systems to settle a defamation lawsuit over false claims that Dominion’s machines swayed the outcome of the 2020 presidential election. Tom Rogers, Gamesquare executive chairman, and Barton Crockett, Rosenblatt Securities senior analyst, discuss the fallout from Fox Corp’s defamation lawsuit settlement and the future of Fox. CNBC’s Eamon Javers also discussed the settlement with Hootan Yaghoobzadeh, co-founder of Staple Street Capital, the private equity firm that owns Dominion Voting Systems. Nasdaq CEO Adena Friedman discusses A.I.’s role in the markets and how the exchange is implementing the technology for safety and efficiency. Plus, Google is launching its first foldable smartphone, and Netflix delays its password-sharing crackdown.
In this episode:
Adena Friedman, @adenatfriedman
Eamon Javers, @EamonJavers

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie 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.

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected