Haircuts in Tech, Activists at Salesforce, & Debt Ceiling Drama in DC 01/23/23
Congress is working to find a bipartisan path to averting a debt default; the U.S. has hit its borrowing cap of $31.4T, and it’s up to lawmakers to raise the debt ceiling or find another solution before the Treasury Department’s “extraordinary measures” run out in the summer, and the United States cannot pay its bills. PIMCO Head of Public Policy Libby Cantrill discusses the standoff in Congress and compares today’s debt ceiling drama with the standoffs in previous years. Tech companies have announced layoffs en masse, and Gene Munster of Deepwater Asset Management (formerly Loup) says the workforce cuts are still underway. Plus, activist investors are reportedly taking stakes in Salesforce, which could signal big changes ahead for the tech company. In this episode:Gene Munster: @munster_geneBecky 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.
23 Tammi 202329min
Squawk Pod Reports from Davos: Moderna’s Stephane Bancel 01/21/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Moderna CEO Stephane Bancel. Three years after the first case of Covid-19 was detected in the United States, Bancel recalls the journey to vaccinating the global public, and Moderna’s newest vaccine trials for RSV.In this episode:Stephane Bancel, @moderna_txBecky 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.
21 Tammi 202313min
Squawk Pod Reports from Davos: will.i.am 01/20/23
In a special episode of Squawk Pod, Andrew Ross Sorkin is at the World Economic Forum in Davos, Switzerland, where he spoke with philanthropist and 7-time Grammy-winning entertainer will.i.am. As founder of the i.am.angel Foundation, will.i.am is advocating for more STEAM education in the form of extra-curricular activities, tutoring and dedicated preparatory schools for at-risk youth. A creative who believes in the power of AI, will.i.am discusses ChatGPT’s value for creators, the power of social media, and the importance of encouraging young students to pursue science, tech, engineering, and math. It’s his 8th trip to the World Economic Forum, and he says 2023’s convention has the most diversity and best vibe yet.In this episode:will.i.am, @iamwillAndrew 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.
20 Tammi 202319min
Squawk Pod Reports from Davos: JPMorgan’s Jamie Dimon 01/20/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with JPMorgan CEO Jamie Dimon. Dimon explains why he’s going back on his May 2022 warning of a “hurricane” heading for U.S. markets. In an extended interview in the Alps, Dimon discusses the Fed’s path forward, his own recessionary outlook, the “waste of time” that are bitcoin discussions, and the biggest risks to the global economy. In 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.
20 Tammi 202321min
Squawk Pod Reports from Davos: Chef José Andrés 01/19/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with chef, restaurateur, and humanitarian, José Andrés. As founder of World Central Kitchen, Andrés discusses on-the-ground food relief in areas hit by extreme weather and war, including his work with local chefs in Ukraine. The pandemic and the war have put pressure on an already strained global food system; for Andrés, helping Ukrainians means preparing them for success long after humanitarian aid ceases, and easing strain on the other countries that rely on its grain exports. In this episode:José Andrés, @chefjoseandresBecky 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.
19 Tammi 202312min
Squawk Pod Reports from Davos: General Atlantic’s Bill Ford 01/19/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with General Atlantic Chairman and CEO Bill Ford. With $72B under management, General Atlantic has deployed $55B into nearly 500 companies, including Uber, Airbnb, Etsy, Mobileye, Chime, and TikTok parent ByteDance. Ford discusses tech opportunities, innovation, and entrepreneurship in China, India, and Southeast Asia, and the tech sector’s rough 2022. In 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.
19 Tammi 202313min
Squawk Pod Reports from Davos: Uber’s Dara Kosrowshahi 01/18/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Uber CEO Dara Khosrowshahi about this year’s theme: Cooperation in a Fragmented World. Since Russia’s war in Ukraine broke out, Ukrainians have relied heavily on the global private sector, including Uber. In the 11 months of the war so far, Uber has expanded its service footprint throughout the country, provided free rides to aid workers, doctors, and refugees, and transported supplies, food, and shelter in partnership with the United Nations. Khosrowshahi discusses the responsibility of tech companies during a crisis, as well as the impact of global economic and political pressures on his company’s bottom line. Plus, he shares tipping etiquette and his own track record behind the wheel in San Francisco. In this episode:Dara Khosrowshahi, @dkhosBecky 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.
18 Tammi 202313min
Squawk Pod Reports from Davos: Blackstone’s Steve Schwarzman 01/18/23
In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with Blackstone CEO Steve Schwarzman. A billionaire businessman, GOP donor, and China optimist, Schwarzman discusses what the end of China’s zero-covid policy means for its economic recovery and the global supply chain. Plus, after three years of lockdowns, Chinese leaders are convening with the rest of the world’s leaders at this year’s WEF; Schwarzman offers his perspective on how the Chinese view the U.S., and how domestic issues factor into each country’s respective geopolitics. In 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.
18 Tammi 202316min
