Squawk Pod

Latest Episodes:

Riding with Uber: CEO on the Future Consumer 11/01/22 Nov 01, 2022

Show notes

Uber CEO Dara Khosrowshahi says that U.S. consumers are healthy and choosing to spend on services, like ride-sharing. The company reported third quarter financials today - and suffered a loss, but beat analysts’ expectations on revenue. Khosrowshahi is also confident on the business for the rest of the year due to booming travel, easing COVID restrictions and shifts in consumer spending. And, the Biden Administration is floating windfall profit taxes on the oil and gas industry due to record-high energy prices. Plus, the dogecoin gets another day.

In this episode:

Dara Khosrowshahi, @dkhos

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Weekend at Elon’s: The Twitter Takeover 10/31/22 Oct 31, 2022

Show notes

The Elon Musk chapter at Twitter begins with a busy weekend of tweets, trolls, conspiracy theories and tentative changes to “blue-check” verified users’ experience. Walter Isaacson, with a Musk biography in the works, observed events first-hand and shares the tale of the weekend. So much for a spooky October for the markets; the Dow is on pace to have the best month since the 1970s disco era. And, workers at one of the world’s busiest iPhone factories fled the Foxconn facility over fears of a Covid lockdown. Former SEC Chair Jay Clayton describes the interconnected relationship the complicated U.S. supply chain retains with China. Plus, Happy Halloween!
In this episode:

Walter Isaacson, @WalterIsaacson

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

“The Bird is Freed” & Exxon’s Record-Breaking Profits 10/28/22 Oct 28, 2022

Show notes

Elon Musk officially owns Twitter. $44 billion, and one soap opera later, the Tesla CEO has completed the deal to buy social media platform Twitter, and he’s already prompted some big changes to its executive leadership. After two consecutive quarters of big profits for oil companies, Exxon Mobil CEO Darren Woods joins the team to discuss global energy prices, geopolitics’ implications on the global oil market, and ESG’s impact on big oil’s bottom line. Crude oil has gone, in the last 2 years, from -$37.63 in April of 2020, to over $80 a barrel this week. Plus, CNBC’s Sharon Epperson reports on the asset that could be a safe haven from market volatility; they’re ibonds, and they’re currently in high demand.

In this episode:

Darren Woods, @exxonmobil

Sharon Epperson, @Sharon_Epperson

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Meta’s Mega Loss, & Credit Suisse’s Major Overhaul 10/27/22 Oct 27, 2022

Show notes

Facebook parent Meta reported disappointing quarterly results, prompting a plunge in its stock price. In spite of Wall Street’s doubters, CEO Mark Zuckerberg defended his investments in the metaverse to investors on the company conference call. As midterms creep closer, Ways and Means Committee Republican Leader Rep. Kevin Brady (R-TX) explains his party’s plans for the country, should they win the House. Plus, Credit Suisse is undergoing a big overhaul…to get smaller. The Swiss bank is building back from a client collapse; CNBC’s Geoff Cutmore reports the story, complete with money launderers, corporate spies, and an interview with Credit Suisse CEO.

In this episode:

Kevin Brady, @RepKevinBrady

Geoff Cutmore, @GeoffCutmore

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Tech Traffic, Burrito Budgets, & Rep. Ro Khanna 10/26/22 Oct 26, 2022

Show notes

Now that the “Davos in the Desert” has wrapped up in Riyadh, Representative Ro Khanna (D-CA) discusses America’s role in the global energy markets, and California’s plan for taxing residents, taxing tech, and taxing the oil companies. For the first time in Alphabet’s recorded history, YouTube’s revenue declined. The platform’s shrinking ad budget could be a warning for the rest of the industry. In other tech earnings reports, Microsoft beat analyst expectations but offered weak guidance, pointing to waning consumer interest. Visa’s CEO and CFO both told investors on the company’s quarterly call that consumer spending and employment are strong and stable, despite potential for a future recession. Plus, Chipotle mentioned waning traffic in its own report, as inflation pressures consumers.

In this episode:

Ro Khanna, @RepRoKhanna

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Hasan Minhaj: Are We Getting the Diamond Back?! 10/25/22 Oct 25, 2022

Show notes

Comedian Hasan Minhaj has made his career off of his social commentary; an episode of his talk show “Patriot Act” was even removed by Netflix after a legal complaint from the Saudi government. His second Netflix special “The King’s Jester” is now streaming, poking fun at hedge funds as well as his own life, and he’s bringing his humor to Squawk. In a conversation spanning Yeezy and the Adidas decision to terminate its partnership with Kanye West, the United Kingdom’s new PM Rishi Sunak, and Saudi-U.S. relations. Plus, CNBC’s Dan Murphy reports from Riyadh as global investors convene for this year’s “Davos in the Desert.”

In this episode:

Hasan Minhaj, @hasanminhaj

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Polls, Prices, & Preserving Democracy 10/24/22 Oct 24, 2022

Show notes

U.S. midterm elections are about two weeks away, and the biggest voting issue for the American public: the economy. A close second, according to NBC polling, is the preservation of American democracy. CNBC’s Ylan Mui explains the widespread concern about election integrity, and political strategist and pollster Frank Luntz urges both sides of the political aisle to stop their squabbling in the name of democracy. Luntz also issues a warning to markets and voters: midterm polling might be misleading. Plus, the Fed’s plan for interest rates is driving market volatility, Google is facing backlash over email management, President Xi Jinping is tightening his grip on power in China, and the UK’s new Prime Minister has been named: Rishi Sunak.

In this episode:

Frank Luntz, @FrankLuntz

Ylan Mui, @ylanmui

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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 Apple News, Snap’s and Elon’s, Too 10/21/22 Oct 21, 2022

Show notes

NYC Mayor Eric Adams shares his plans for a “unified” solution to subway and street violence in New York, including a summit on public safety and criminal justice this weekend. The leader of the nation’s largest city discusses the challenges facing his leadership: New Yorkers’ safety anxiety, the thousands of asylum seekers who have arrived in the city as well as encouraging office workers to return to pre-pandemic commutes. After Elon Musk’s tweets about Russia and Ukraine, the Biden administration is reportedly considering putting the Tesla CEO and his businesses under national security reviews. Musk also made waves by telling investors he plans to layoff 75% of Twitter’s workforce if he takes ownership of the social media platform. Plus, Snap’s stock keeps sliding, and TikTok is denying a report that the platform’s parent has used data to track the physical location of users. And, cheese is delicious!

In this episode:

Eric Adams, @NYCMayor

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

The Big Dills: Pickleball Teams, UK Changes, & Elon Musk’s Plans 10/20/22 Oct 20, 2022

Show notes

Major League Pickleball?! NBA star Kevin Durant and investor Rich Kleiman have purchased an MLP expansion team, and they’re set to compete in 2023. The investing team shares the appeal of pickleball teams, the upside financial potential, and the upcoming NBA season. Overseas, the UK is managing yet another shift of power with Liz Truss’s resignation, and here at home, Americans are gearing up for midterm elections. CNBC’s Steve Liesman shares the results of his All-America Survey, which reveal the most pressing concerns for the American public across political affiliations. Plus, Tesla has reported quarterly results as mixed as the Wall Streeters watching the company. CNBC’s Phil Lebeau explains the bull and bear case for Tesla and for Elon Musk.

In this episode:

Leslie Picker, @LesliePicker

Steve Liesman, @SteveLiesman

Phil Lebeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.

Lessons from ‘87: Bulls, Bears, & Crash-Tested Strategies 10/19/22 Oct 19, 2022

Show notes

It has been 35 years since the October 1987 Black Monday market crash, still the record for Wall Street’s worst single-day stock plunge: a 22.6% drop. Wall Street veteran and Merrill Wealth Management President Andy Sieg reflects on the lessons investors can glean from market history. State Department official, Special Presidential Coordinator for International Energy Affairs Amos Hochstein, discusses President Biden’s plan to release more crude oil from the U.S. Strategic Petroleum Reserve and the White House strategy to ease gas pricing pressures on American consumers. Plus, the IRS is answering inflation with changes to your tax bracket, and Netflix is taking a stand against excessive password-sharing…but how many shares are too many?

In this episode:

Amos Hochstein, @amoshochstein

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick @BeckyQuick

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.