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

Cannabis stocks have been on a roller coaster this week, as Reddit traders piled into the biggest names in pot. CEO of Aurora Cannabis Miguel Martin discusses the Reddit-fueled market volatility and his hopes for the marijuana industry. Data shows remote work could become the norm for most companies. Adam Grant, organizational psychologist and author of “Think Again: The Power of Knowing What You Don’t Know”, discusses a post-pandemic work life balance and the benefits and challenges presented by remote work. Coupang, the e-commerce giant that has muscled Amazon out of South Korea, is planning what could become Asia's biggest IPO since Alibaba. Plus, investors swiped right on Bumble on its first day of trading. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

12 Feb 202127min

Uber CEO Dara Khosrowshahi is betting on widespread vaccination to help the ride sharing business recover in 2021. He discusses UberEats, the competition, and accepting Bitcoin for rides. Surgeon at Brigham and Women’s Hospital and staff writer for The New Yorker Dr. Atul Gawande discusses vaccination strategies across the U.S., and considers best practices for reaching underserved populations. Plus, the team is craving PepsiCo’s snacks, Zillow’s hot for real estate junkies, and Bumble is hitched to the Nasdaq, just in time for Valentine’s Day.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

11 Feb 202129min

Strategist and pollster Frank Luntz breaks down America’s response to the “Reddit Rebellion,” and considers the collective power of the public, threatening to topple the U.S. financial system as we know it. New Jersey has vaccinated over 1 million people, and Governor Phil Murphy discusses the state’s (long) path to the end of the pandemic. Plus, Bitcoin is once again on the move after yet another celebrity tweet, junk bonds are back, and Colin Kaepernick is joining the SPAC wave.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

10 Feb 202126min

As valuations for Tesla and Bitcoin climb higher and higher, Joe, Becky, and Andrew consider the roots of the hype and the consequences for the market. Operation Hope’s John Hope Bryant delves into what the “Reddit Rebellion” is teaching America about equity and financial literacy in this country. Plus, DoorDash is betting on restaurant robots; automation is coming soon to a salad near you.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

9 Feb 202124min

Elon Musk’s Tesla announced that it has bought $1.5B in bitcoin, and the company plans to accept the currency as payment for its products. Galaxy Digital’s Michael Novogratz says this should be the first corporate move of many, but Tesla’s announcement intensifies concerns that Elon Musk is irresponsibly wielding his power to hype stocks and cryptocurrency--like Dogecoin--on his social media. South Africa is second guessing the efficacy of the Oxford-AstraZeneca vaccine against a new coronavirus variant, and back in the U.S., Super Bowl LV used touchless security company Clear to keep attendees and health workers safe at this year’s game. Clear CEO Caryn Seidman Becker discusses Clear’s technology and its role in a post-pandemic, post-vaccine world.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

8 Feb 202135min

23andMe is set to go public in a merger with a SPAC backed by Sir Richard Branson. Company co-founder and CEO Anne Wojcicki and Branson himself discuss the “delight” offered by the company’s genetic sequencing, and they look ahead to what they’re hoping is a lucrative future. In a special conversation exclusive to Squawk Pod, Joe Kernen reflects on his own family’s journey with 23andMe, including the highs and lows of finding long lost blood connections. Plus, Johnson and Johnson has asked the FDA for emergency use authorization for its vaccine, and former FDA Commissioner Dr. Scott Gottlieb says an approval could hasten the country’s herd immunity.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Feb 202134min

Apple is finally hitting the road, closing in on a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle in Georgia. Merck CEO and social justice leader Ken Frazier is stepping down from his role, effective in June. CNBC’s Meg Tirrell discusses his legacy while at the helm of the pharma giant, as well as his role in pushing progress in corporate America. Senator Amy Klobuchar (D-MN) has introduced a bill to take on Big Tech and bolster antitrust regulation. Plus, PayPal delivers big returns to its investors. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

4 Feb 202134min

Jeff Bezos is stepping back from his role as Amazon CEO, passing leadership to AWS head Andy Jassy. Walter Isaacson, author of the introduction to Bezos’s book, “Invent and Wander,” discusses the Amazon founder’s infinite thirst for innovation and the transition of power at the “store” that changed everything. In the wake of the Redditor rebellion, Treasury Secretary Janet Yellen is calling for a meeting of financial regulators. Former Dallas Fed President Richard Fisher considers the regulators’ role in managing volatility, maintaining market fairness, and leveling the market’s playing field.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

3 Feb 202130min