Strong Tech Stocks, A Weak Jobs Report, & FDA Departures 8/1/25

President Trump has ratcheted up tariffs for dozens of countries set to take effect next week. Apple reported its greatest revenue growth in years, Microsoft’s market cap topped $4 trillion after its earnings report, and Amazon’s disappointing earnings forecast overshadowed its solid results. Software design company Figma more than tripled in its NYSE debut; bankers and CEOs are interpreting this performance as a sign that the IPO window is officially open for tech companies this year. Former FDA Commissioner Dr. Scott Gottlieb discusses the new direction of his former agency under leadership of the sitting commissioner, Dr. Marty Makary. Top of mind for Dr. Gottlieb: the body’s large number of scientist departures. Lead Edge Capital Founding Partner Mitchell Green discusses the toll the Silicon Valley battle for AI talent is taking on private company share dilution. Plus, the July jobs report came in weaker than economists expected, and it brought some downward revisions for the previous month.

Megan Cassella - 04:12

Dr. Scott Gottlieb - 21:51

Mitchell Green - 34:14

In this episode:

Dr. Scott Gottlieb, @ScottGottliebMD

Megan Cassella, @mmcassella

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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