Squawk Pod

OpenAI CEO Sam Altman was ousted from his role by his own board, and he was promptly hired by Microsoft in a tumultuous weekend for tech. Internally at OpenAI, employees have reportedly threatened to follow Altman, requesting resignations from the OpenAI board, and externally, investors and news outlets are following the drama at one of the highest profile companies pushing AI forward. Also in tech, Elon Musk is in hot water with his biggest advertisers, including Disney and Apple, over antisemitic content and Musk’s own posts on X. Julia Boorstin breaks down the timeline of X posts, retweets, antisemitic accusations, and big advertiser backlash that colored the weekend. CEO of the Anti-Defamation League Jonathan Greenblatt discusses his own personal conversations with Elon Musk, including his advice to protect the Jewish community on and off of Musk’s platform. Plus, President Biden and Treasury Secretary Janet Yellen have finished their latest meetings with China’s President Xi and Vice Premier He, respectively. Yellen shares her takeaways from those meetings, including how both the U.S. and China plan to keep an open dialogue about AI. As inflation continues to pressure American consumers, Secretary Yellen considers the progress of the fight against inflation and the state of the U.S. economy.  Janet Yellen - 13:11Jonathan Greenblatt - 30:01 In this episode:Julia Boorstin, @JBoorstinAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

20 Marras 202342min

Ray Dalio, founder of Bridgewater Associates, says the U.S. and China have entered an environment of fierce competition. The billionaire investment mentor delves into U.S.-China relations, China's military agenda, social media influence, the economy, Treasury yields, A.I. impact, and more. Becky Quick sits down with Berkshire Hathaway Vice Chair Charlie Munger in response to a ProPublica report on Warren Buffett's stock trades. Plus, videos on TikTok regarding Osama Bin Laden's criticism of the U.S. have gone viral. And Taylor Swift lyrics take over Wall Street. Ray Dalio, @RayDalioAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese Ray Dalio - 13:51Charlie Munger - 35:18 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Marras 202340min

House Minority Leader Rep. Hakeem Jeffries shares insights on the recently passed short-term funding bill, what's at stake in the next round of spending talks on Capitol Hill, and the potential for bipartisan collaboration in Congress. Plus, the Property Brothers, Drew and Jonathan Scott, delve into the challenge of rising housing costs, offer renovation tips, and explore strategies for creating a more sustainable and improved home. In other news, New York City takes legal action against Pepsi, while Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise. Hakeem Jeffries - 14:43Drew and Jonathan Scott - 23:41 Drew Scott, @MrDrewScottJonathan Scott, @jonathanscottRep. Hakeem Jeffries, @RepJeffriesAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Marras 202330min

Nikki Haley, former U.S. ambassador to the UN, former governor of South Carolina and 2024 presidential candidate, discusses the state of the 2024 presidential race, why she believes she can be a viable alternative to former president Donald Trump, whether she would accept a hypothetical offer to be his VP pick, and more. Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation surge may have passed. Wall Street also had its eyes on Washington as the House of Representatives passed a bill to avert a government shutdown. Plus, CNBC’s Robert Frank reports on Wall Street bonuses.In this episode:Nikki Haley, @NikkiHaleyRobert Frank, @robtfrankAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCZach Vallese, @zachvallese Nikki Haley - 10:48Robert Frank - 32:42 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Marras 202334min

On today’s super-sized episode, October's inflation remained unchanged, hinting at a possible easing of high prices in the U.S. economy. House Speaker Rep. Mike Johnson discusses Capitol Hill negotiations to avert a government shutdown and the 2024 presidential election. Meanwhile, Cathie Wood, ARK Invest CEO, covers ARK Invest's new ETFs, SEC approval of bitcoin ETFs, and broader topics like autonomous driving and Tesla. Plus, Starbucks unionized workers are planning a walkout on “red cup day”, and XRP drops after news of a fake BlackRock-managed XRP ETF.In this episode:Cathie Wood, @CathieDWoodMike Johnson, @SpeakerJohnsonAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCZach Vallese, @zachvallese Cathie Wood 10:10Mike Johnson 29:10 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Marras 202345min

After Moody’s revised its outlook for the United States government from stable to negative, investors are watching the Federal Reserve to see where it will take rates next. Former Kansas City Fed President Esther George share’s her thoughts on the Fed's decision to keep their options open on rate hikes and her observations on signs of economic cooling. Plus, Novo Nordisk’s weight loss drug Wegovy cut the risk of serious cardiovascular complications in people with obesity and heart disease. Dr. Angela Fitch, Chief Medical Officer of Knownwell and President of the Obesity Medicine Association, joins to delve into the latest study on Wegovy, exploring its implications for the obesity epidemic in the U.S., and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Marras 202323min

CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. Stick around for a special interview with CNBC’s DJ Sixsmith on Sherman’s in-depth story about Disney’s succession drama. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Marras 202351min

CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Marras 202343min