Market Déjà Vu; Facebook’s Election Ads; A Lesson for “Robinhoodies”
Squawk Pod3 Sep 2020

Market Déjà Vu; Facebook’s Election Ads; A Lesson for “Robinhoodies”

Markets are partying like it’s 1999, or at least, some investors think so. GAMCO CIO and seasoned investor Howard Ward underlines the differences between today’s market environment and that of the dotcom bubble nearly twenty years ago. Viral trading app Robinhood is under investigation by the SEC; former SEC Chairman Harvey Pitt warns millennials about the costs of an execution service that’s marketed as free. Mark Zuckerberg has announced that Facebook is rolling out new policies ahead of the November election, including prohibiting new political ads the week of the election. The platform will also remove posts using Covid-19 to discourage voting and flag premature victory posts. CNBC’s Jon Fortt discusses why this could be a smart move for social media. Plus, schools are ironing out Covid testing plans, and a Manpower Group survey says both employees and employers are looking forward to a hybrid workplace in 2021.


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Episoder(1872)

Washington vs. Big Tech: Taking on the Trillion-Dollar Club

Washington vs. Big Tech: Taking on the Trillion-Dollar Club

Jeff Bezos, Tim Cook, Mark Zuckerberg, and Sundar Pichai, leaders of the four tech titans, testified remotely on Capitol Hill for 6 hours this week. Becky Quick, Andrew Ross Sorkin, and Wilfred Frost ...

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Kodak’s New Big Picture; SEC Chairman Jay Clayton; Dr. Scott Gottlieb

Kodak’s New Big Picture; SEC Chairman Jay Clayton; Dr. Scott Gottlieb

Kodak is back. The once-giant corporation responsible for most twentieth century American memories is now reinventing itself as a drug company. Executive Chairman James Continenza explains Kodak’s com...

29 Jul 202031min

Bill Gates on the Race for a Vaccine, Elon Musk, & Big Tech

Bill Gates on the Race for a Vaccine, Elon Musk, & Big Tech

In an interview exclusive to CNBC, billionaire philanthropist and Microsoft co-founder Bill Gates discusses the efforts to find a coronavirus vaccine and therapeutic, how those technologies may change...

28 Jul 202033min

Moderna CEO Racing for a Vaccine; Harlem Children’s Zone’s National Covid Relief

Moderna CEO Racing for a Vaccine; Harlem Children’s Zone’s National Covid Relief

As coronavirus cases spike in hot spots across the country, biopharmaceutical companies race to find a vaccine. Moderna Therapeutics has secured an additional $472 million in government funding to dev...

27 Jul 202031min

Elon Musk, “A Bona Fide Texan,” & Wall Street’s Scandals, from Goldman Sachs to Tapestry

Elon Musk, “A Bona Fide Texan,” & Wall Street’s Scandals, from Goldman Sachs to Tapestry

Texas Governor Greg Abbott discusses the new $1B Tesla factory moving into Austin. After issuing a statewide mask mandate, Governor Abbott explains his strategy for keeping Texan businesses open amid ...

24 Jul 202031min

United Airlines CEO; Tesla’s Profits; Investor Chamath Palihapitiya

United Airlines CEO; Tesla’s Profits; Investor Chamath Palihapitiya

Scott Kirby, United Airlines CEO, explains why despite safe and clean air circulation on planes, his industry won’t fully recover until a Covid-19 vaccine is widely available. Tech investor, co-owner ...

23 Jul 202031min

SPAC-Man: Bill Ackman’s Pitching SPACs & Defending Profits

SPAC-Man: Bill Ackman’s Pitching SPACs & Defending Profits

Bill Ackman’s Pershing Square Capital Management sponsored the largest SPAC IPO in history, raising $4B in capital. In an exclusive CNBC interview, the hedge fund billionaire makes his pitch for the i...

22 Jul 202031min

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Classrooms & Covid; Musk’s & Bezos’s Billions; Pandemic Pivots

Epidemiologist and Dean of the Harvard T. H. Chan School of Public Health Michelle Williams suggests corporations may be the key to stemming Covid’s spread and ensuring a safe fall semester for studen...

21 Jul 202028min

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