Squawk Pod

CNBC is at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, with Warren Buffett and Charlie Munger. It’s Woodstock for capitalists! Shareholders ask the two investing legends about Berkshire’s stake in Apple, America’s relationship with China, and of course, the Berkshire investing philosophy. Tech investor Ann Winblad, a meeting attendee with an impressive business legacy of her own, breaks down some of Buffett’s hottest takes on AI and technology. Becky Quick gets an inside look at the dozens of portfolio companies selling their wares at the annual meeting, including the company’s newest addition: maker of Squishmallows, Jazwares. Jazwares leaders Judd and Laura Zebersky share their strategy for building and maintaining hype over stuffed animals, and they unveil the newest editions of Squishmallows, exclusive to the 2023 Berkshire Hathaway Annual Meeting: plushies in the likeness of Buffett and Munger. Plus, a conversation with one of the tens of thousands of shareholders that makes the pilgrimage to Omaha every year: Jon Dash. He bought his first share in eighth grade and spent the next 29 years thanking Warren Buffett for his wisdom…by buying the Oracle dinner, once a year. In this episode:Alex Crippen, @alexcrippenBecky 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.

8 Mai 202352min

CNBC is at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, with Warren Buffett and Charlie Munger. It’s Woodstock for capitalists! An inside look at the lore and fandom that brings tens of thousands of shareholders together with Berkshire’s iconic brands and the Oracle of Omaha himself. Buffett and Munger answer shareholder questions about AI and the future of business, and Becky Quick sits down with Brooks Running CEO Jim Weber and longtime weekend attendee actress Glenn Close. Plus, a conversation with Melissa Shapiro, the event planner who puts it all together, on how she does it, and what it’s like working for Buffett. And, the CNBC journalist that keeps a record of it all: Alex Crippen. A rollicking, reflective, weekend celebration of ownership in one of America’s largest companies and the man who built it. Alex Crippen, @alexcrippenBecky 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.

8 Mai 202337min

CNBC is at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, with Warren Buffett and Charlie Munger. It’s Woodstock for capitalists! A rollicking, reflective, weekend celebration of ownership in one of America’s largest companies and the man who built it. 40,000-plus shareholders plus Berkshire’s iconic brands like Dairy Queen, See’s Candy, and Brooks Running descend on Omaha for a gathering that’s part festival, part trade show, part family reunion. CNBC’s Squawk Pod offers a special series taking listeners inside Warren Buffett’s weekend party – hear from shareholders, family members, Berkshire managers, CNBC journalists on the ground, and the Oracle of Omaha himself. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

6 Mai 20233min

After a meeting at the White House with fellow tech CEOs, OpenAI co-founder Sam Altman discusses his effort to build a product that “works for the world as a whole.” One of the entrepreneurs behind ChatGPT, Altman explains why his “listening tour” with Operation Hope’s John Hope Bryant is important to the technology’s development. He and Bryant discuss building tech to work for people beyond Silicon Valley, and Altman responds to the now-viral letter from his co-founder Elon Musk and others, calling for a pause in AI development. Plus, Apple’s strong iPhone sales helped boost its financial results this quarter, and Becky Quick is in Omaha, Nebraska for the annual Berkshire Hathaway shareholders meeting. Follow along the entire Warren Buffett weekend, exclusively on CNBC and CNBC.com. In this episode:Sam Altman, @samaJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew 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.

5 Mai 202327min

The Fed has hiked rates again. Chair Jerome Powell announced the quarter point increase and suggested a pause in the tightening cycle may be coming soon. CNBC’s Steve Liesman discusses the hike and the Fed’s response to the banking crisis. Representatives Mike Gallagher (R-WI) and Raja Krishnamoorthi (D-IL) discuss the letter from their House Select Committee on China to companies including Temu, Shein, and Nike. The two lawmakers have spearheaded a request for information from these companies amid concerns that products leaving China have come from forced Uighur labor. New York Times journalist Kate Kelly discusses the potential conflicts of interest between members of Congress and their stock portfolios. Plus, Paramount Global stock took a hit, and Google CEO Sundar Pichai’s payday has prompted grumblings within his company.  In this episode:Kate Kelly @katekellySteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Mai 202329min

Eli Lilly’s Alzheimer’s treatment donanemab proved to significantly slow progression of the disease in its latest clinical trial. Eli Lilly CEO David Ricks discusses the company’s Alzheimer’s research, treatment, and plans to apply for FDA approval as soon as this quarter. The Federal Reserve is expected to increase its benchmark interest rate Wednesday afternoon, as policy-making officials wrap up a two-day meeting. But there are plenty of strong indications the Fed may pause hikes here, especially as the economy processes a banking crisis that has already brought down three large U.S. financial institutions. Rep. Ro Khanna (D-Calif.) discusses America’s banking turmoil, DC’s debt ceiling standoff, and whether more crises await the U.S. financial system. Plus, More than 11,000 film and television writers are on strike and Chegg says ChatGPT is killing its business.In this episode:Rep. Ro Khanna, @RepRoKhannaJoe 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.

3 Mai 202330min

In Washington, Treasury Secretary Janet Yellen has warned that the U.S. could hit the debt ceiling by June 1st, much earlier than expected. At Uber headquarters in New York, CEO Dara Khosrowshahi discusses the company’s strong financial quarter, competition with Lyft, and his faith in Uber’s path to profitability. In Hollywood, writers have gone on strike, pushing for a fair deal from studios and delaying upcoming TV releases and production. Semafor co-founder and editor in chief Ben Smith discusses the politics of Hollywood, the recent shake ups in news media, and his new book, “Traffic.” Plus, AI is shaking up the Chegg’s workforce.   In this episode:Dara Khosrowshahi, @dkhosBen Smith, @semaforbenJoe 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.

2 Mai 202328min

In the third bank failure since March and the second largest bank failure in U.S. history, First Republic’s assets have been seized and auctioned. JPMorgan emerged the winner of the bank bidding, taking on about $92 billion in deposits, $173 billion in loans, and $30 billion in securities. CNBC’s Leslie Picker reports the details of the deal and the failure, and former NEC Director Gary Cohn joins former SEC Chairman Jay Clayton to discuss what happened and what’s next for the U.S. financial system. Plus, antiwork sentiment is rising. Chief scientist of workplace culture at Culture Partners Jessica Kriegel explains “quit-tok” trends and mass layoffs across industries.  In this episode:Gary Cohn, @Gary_D_CohnJessica Kriegel, @jessica_kriegelLeslie Picker, @LesliePickerJoe 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.

1 Mai 202332min