Squawk Pod

Congress has released details of six budget bills to avert a government shutdown this weekend. Also in DC, Nikki Haley has notched her first win of the 2024 election cycle, just in time for Super Tuesday. Dune 2 raked in $81 million in its box office debut, a big win for Warner Bros. Discovery. Lightshed’s Rich Greenfield discusses the movie-goer landscape and the best releases on streaming and in theaters. The EU has hit Apple with a $1.95B antitrust fine. CNBC’s Steve Kovach explains what’s next for the tech giant, and whether its latest hardware innovations can make up for its undivulged AI strategy. Plus, this Women’s History Month, journalist Joanne Lipman is highlighting the economic value of women in the workforce–both for companies and for the country’s GDP.  Steve Kovach - 10:54Rich Greenfield - 16:54Joanne Lipman - 23:07 In this episode:Joanne Lipman, @joannelipmanJoe 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.

4 Mar 202428min

Elon Musk is suing OpenAI, the company he co-founded. His argument: Sam Altman and the OpenAI team have departed from the founding mission to innovate “for the benefit of humanity broadly.” Along with the rest of the country, New York City is navigating a migrant crisis. NYC Mayor Eric Adams discusses his plans for the city’s newest residents, the city’s uptick in illegal marijuana shops, regulating social media, and the rising presence of electric vehicles. Plus, a month after Apple launched its Vision Pro, Wall Street Journal personal tech columnist Joanna Stern says she’s using it differently now, than she was at first–like on planes and for workouts.  Steve Kovach - 09:12Mayor Eric Adams - 18:32Joanna Stern - 33:10 In this episode:Eric Adams, @NYCMayorJoanna Stern, @JoannaSternJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky 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.

1 Mar 202436min

China’s auto business is booming, with electric vehicles filling roads around the world.  Phil Lebeau with a surprising report on global demand from South America. The Commerce Department will investigate national security risks from “connected autos” that have parts manufactured in China or other countries of concern.  Council on Foreign Relations President Michael Froman describes the potential risks to Americans’ data.The Anti-Defamation League’s Jonathan Greenblatt discusses new data that shows 24% of Americans harbor antisemitic prejudice, a number showing a concerning rise. Plus, Emily Wikins on the averted government shutdown, Oprah departs the WW board at a tough time for the weight-loss company and Wendy’s clarifies dynamic pricing. Emily Wilkins - 02:21Phil Lebeau - 13:49Michael Froman - 17:19Jonathan Greenblatt - 24:50 In this episode:Michael Froman, @MikeFromanJonathan Greenblatt, @JGreenblattADLJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky 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.

29 Feb 202433min

Apple is winding down its electric car strategy after 10 years of quiet work. Apple is also reportedly making a last effort to avert an antitrust probe. UnitedHealth, owner of the largest insurer in the U.S., is facing an antitrust probe of its own. Former FDA Commissioner Dr. Scott Gottlieb argues that consolidation in the industry is partly a consequence of hospitals and physicians losing money on Medicare. Starbucks and Workers United are making progress. Unionized Starbucks employees will now receive the wage hikes their nonunion colleagues received in 2022. Plus, AI is coming for every industry and every workplace. Former head of HR for Goldman Sachs Edith Cooper discusses the risks of new technology and the value that human workers still offer.  Dr. Scott Gottlieb - 16:48Edith Cooper - 25:14 In this episode:Scott Gottlieb, @ScottGottliebMDJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinMelissa Lee, @MelissaLeeCNBCKatie 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.

28 Feb 202430min

Google has taken its Gemini AI image generator offline after the tool’s historically inaccurate images prompted criticism across the internet. Heroic Ventures founder, futurist and podcaster Michael Fertik discusses various LLM controversies–some involving Elon Musk–and the solutions to bias in AI. Fertik underlines the importance of these “fixes” early in AI adoption, before AI-generated inaccuracies find their way into public knowledge. Anthony Scaramucci breaks down CNBC’s latest conversation with JPMorgan CEO Jamie Dimon, including his perspective on the economy, bitcoin, and politics. Plus, CNBC’s Sharon Epperson loves talking about personal finance, but a new survey shows that many people–and many women–do not. Tune into CNBC’s “Women & Wealth” event on March 5th for more personal finance conversation.  Anthony Scaramucci - 02:53Michael Fertik - 22:41Sharon Epperson - 31:13 In this episode:Michael Fertik, @michaelfertikAnthony Scaramucci, @scaramucciSharon Epperson, @Sharon_EppersonJoe Kernen, @JoeSquawkAndrew 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.

27 Feb 202434min

Nikki Haley lost to former President Donald Trump in the South Carolina Republican primary, but she’s committed to her campaign. Punchbowl News co-founder Jake Sherman discusses the 2024 race and its impact on progress in Congress. Amid uncertainty, the market has hit 52-week highs; whatever happens, Professor Jeremy Siegel says he’s bullish on the markets. Plus, a BP executive’s husband pleaded guilty to work-from-home eavesdropping and insider trading, and retail analyst Dana Telsey explains the trend cycles–and the inevitable return of skinny jeans.  Dana Telsey - 15:15Jeremy Siegel - 20:06Jake Sherman - 30:58 In this episode:Jake Sherman, @JakeShermanJoe Kernen, @JoeSquawkAndrew 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.

26 Feb 202437min

Reddit has filed for an IPO! The social media company plans to list on the New York Stock Exchange under the ticker RDDT, but Wall Street is asking questions about its business model–and its plans for advertising. Big Technology founder Alex Kantrowitz parses the S-1 filing and the company’s growth trajectory. Spot bitcoin ETFs are available to the masses, thanks to last month’s regulatory approval, and Grayscale CEO Michael Sonnenshein explains where he’s hoping to find his next set of returns. On Thursday, the markets rallied–the Dow Jones Industrial Average clocked its 13th record close so far in 2024, after Nvidia’s knockout quarter. Plus, it’s the first US lunar landing in 50 years, and it’s the first company moon landing ever.  Alex Kantrowitz - 15:50Michael Sonnenshein - 21:58 In this episode:Alex Kantrowitz,@KantrowitzJoe Kernen, @JoeSquawkAndrew 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.

23 Feb 202430min

Nvidia’s fourth quarter blew past expectations. The chip maker's revenue tripled from last year, hitting $22B in one quarter. Sapphire Ventures partner Cathy Gao explains how Nvidia’s boom is impacting the private AI market. Another company did not fare as well in its fourth quarter: Rivian. The EV-maker is cutting 10% of its workforce. The Presidential candidate Nikki Haley is still fundraising; Puck founder Teddy Schleifer weighs in on the 2024 race, the slate of candidates, and the likelihood of a newcomer in the Democratic Party. Plus, the circus is back! Kenneth Feld, CEO of Feld Entertainment and owner of the Ringling Bros. Barnum & Bailey Circus, discusses the event’s return to audiences–without animals.  Cathy Gao - 4:26Teddy Schleifer - 12:06Kenneth Feld - 25:41 In this episode:Teddy Schleifer, @teddyschleiferJoe Kernen, @JoeSquawkAndrew 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.

22 Feb 202431min