Musk’s Stock Sales; Pfizer’s Covid Pill; Slack and the Newest Normal

Listen to CNBC's special report about today's market volatility. From which stocks were hit hardest, to fears of war between Russia and Ukraine, and whether the Federal Reserve is moving too fast. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

25 Jan 202245min

U.S. stocks fell today following the S&P 500′s worst week since March 2020. Riskier assets are also selling off, with bitcoin plunging over the weekend, wiping out nearly half of its value. Lloyd Blankfein, former CEO of Goldman Sachs, discusses cryptocurrencies, plus the Fed’s plan for rate hikes ahead of the FOMC meeting this week. Blankfein explains why he thinks bank stocks are a good place for investors to be and why his view on digital currencies is evolving. Sal Khan, founder and CEO of Khan Academy, provides an update after almost 2 years of remote schooling, and a new NFT project from Parallel NFT project donating 100% of proceeds from the auction to Khan Academy.In this episode:Lloyd Blankfein, @lloydblankfeinSal Khan, @khanacademyJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

24 Jan 202241min

The Nasdaq is firmly in correction territory, with Peloton and Netflix leading the slide downhill. Veteran investor Jeremy Grantham says there’s more to come, predicting a multi-asset bubble burst, resulting in a 45% decline in stocks. After CNBC’s report that Peloton would halt production of its products and concerns about insider trades in the c-suite, Peloton’s been on a bumpy ride. Its stock price returning to earth from the stratosphere could make it a good target for M&A, maybe even Apple. Plus, Intel is pouring $20 billion on two new manufacturing plants outside of Columbus, Ohio. CEO Pat Gelsinger and CNBC’s Jon Fortt discuss the news, the state of American production, and staying competitive on the global stage.  In this episode:Pat Gelsinger, @PGelsingerJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinJon Fortt, @jonforttKatie 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.

21 Jan 202237min

American Airlines CEO Doug Parker spoke with CNBC’s Phil LeBeau and the ‘Squawk Box’ team to break down the company’s latest fourth-quarter earnings report. In his last interview as CEO, Parker considers omicron’s impact on industry recovery, provides a bookings forecast for the spring, and discusses the nation’s 5G rollout. The Winter Olympics kick off in two weeks, but NBC’s announcers have decided against traveling to Beijing over Covid-19 concerns. Plus, is it finally time for NYC employees to return to the office--and the office commute? If they don’t, there could be dire consequences for the rest of the city.In this episode:Doug Parker, @AmericanAirPhil LeBeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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 Jan 202227min

Microsoft’s enormous deal for Activision Blizzard might be the catalyst for consolidation of metaverse projects in 2022. AT&T and Verizon have turned on a major new part of 5G coverage, but alarm from some airlines has delayed the launch near U.S. airports. Verizon CEO Hans Vestberg discusses 5G safety and how the new 5G C-band coverage could supercharge the internet, just in time for more metaverse projects. Plus, Pfizer’s new Covid antiviral drug is effective against the omicron variant, and stock sales from Peloton executives are raising some eyebrows while CNBC’s Robert Frank raises the bar for anchor workouts.  In this episode:Hans Vestberg, @hansvestbergBrian Trunzo, @NTBroCathy Hackl, @CathyHacklJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinJulia Boorstin, @JBoorstinKatie 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.

19 Jan 202234min

Microsoft announced it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Under the deal, Activision CEO Bobby Kotick, who has faced calls to resign over the cultural problems within his company, will remain CEO during the transition. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses the omicron Covid variant and says its global spread is inevitable. CNBC’s Eunice Yoon reports on China’s latest efforts to tamp down a recent uptick in Covid-19 infections, just weeks before the Olympics. Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. Palihapitiya now says his comments “lacked empathy.” Plus, Netflix raised monthly prices for its streaming service in the U.S and Canada, bringing the premium plan up to $19.99 per month.In this episode:Dr. Scott Gottlieb, @ScottGottliebMDEunice Yoon, @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

18 Jan 202229min

Carl Bernstein, the Pulitzer Prize-winning investigative journalist behind Watergate, discusses the evolution of the news industry, what constitutes good journalism, and his new book, ‘Chasing History’. The Transportation Department is launching a $27 billion program to repair and upgrade roughly 15,000 highway bridges across the nation as part of the infrastructure law approved in November. White House National Economic Council Director Brian Deese discusses the Build Back Better bill, rising inflation, and restoring American confidence. The Supreme Court has blocked the Biden administration from enforcing its sweeping Covid vaccine-or-test requirements for large private companies, though the high court will allow a vaccine mandate for the health care industry. Plus, Australia has canceled tennis champion Novak Djokovic’s visa once again ahead of the Australian Open as the furor over his Covid-19 vaccination status intensifies.In this episode:Brian Deese, @BrianDeeseNECCarl Bernstein, @carlbernsteinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

14 Jan 202238min

Delta and other airlines are facing headwinds from weather and rising cases of omicron, but Delta CEO Ed Bastian predicts a travel rebound at the end of February. Speaking with CNBC’s Phil LeBeau and the ‘Squawk Box’ team, Bastian reacts to the company’s latest quarterly earnings report, the rising cost of oil, and Delta’s ranking on 2022′s “Just 100” list. After lobbying the CDC to shorten quarantine guidelines from 10 to 5 days to mitigate airline staffing issues, Delta is now facing backlash from the Association of Flight Attendants and its president, Sara Nelson. Plus, new year, new hairdos!In this episode:Ed Bastian, @DeltaPhil LeBeau, @LebeaucarnewsJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

13 Jan 202219min