Boomer Buying Habits, Google’s Big Antitrust Loss, & Small Caps in 2024 12/12/23
Squawk Pod12 Dec 2023

Boomer Buying Habits, Google’s Big Antitrust Loss, & Small Caps in 2024 12/12/23

In a recent op-ed, Ariel Investments Co-CEOs Mellody Hobson and John Rogers predict investors’ best bets for 2024. Hobson and Rogers explain why, after a big year for tech’s ‘magnificent seven,’ it may be time to cash in on smaller stocks. Boomers are driving spending! Bank of America Institute has released new data on consumer spending in November; head of the Institute Liz Everett Krisberg discusses the highlights, including spending trends across Gen Z, millennials, Gen X, and boomers. Plus, Hasbro is cutting 20% of its workforce, teens are on YouTube and TikTok “almost constantly” and Epic Games has won its antitrust lawsuit against Google.

Steve Kovach - 06:25

Liz Everett Krisberg - 15:30

Mellody Hobson & John Rogers - 24:23

In this episode:

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick, @BeckyQuick

Katie 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.

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Davos Day 2: President Donald J. Trump

Davos Day 2: President Donald J. Trump

Joe Kernen sits down for a one-on-one interview with President Trump. Joe, Becky Quick, and Andrew Ross Sorkin break down that conversation with Eurasia Group’s Ian Bremmer. Plus, highlights of Squawk Box interviews with the CEOs of Uber, BP, Coca-Cola, and J.P. Morgan Chase.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

22 Jan 202030min

Davos Day 1: Carlyle Co-Founder David Rubenstein

Davos Day 1: Carlyle Co-Founder David Rubenstein

A roundup of the best moments from this morning’s four-hour Squawk Box broadcast from Davos, Switzerland: Citi CEO Michael Corbat, Bank of America CEO Brian Moynihan, Blackstone Group CEO Steve Schwarzman, Bridgewater founder Ray Dalio, Verizon CEO Hans Vestberg, and legendary investor Paul Tudor Jones join Joe, Becky, and Andrew on set in the Swiss Alps. Investor, philanthropist, and author David Rubenstein, co-founder of The Carlyle Group, weighs in on economic inequality, American politics, and the global marketplace. Plus, some podcast exclusive content bringing you behind-the-scenes—and sounds—of the World Economic Forum with Joe, Becky, and Katie Kramer. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Jan 202025min

Jane Goodall: Conservationist, Scientist, Humanitarian

Jane Goodall: Conservationist, Scientist, Humanitarian

A day before the annual World Economic Forum kicks off in Davos, Switzerland, we bring you a timeless interview with Jane Goodall from Davos 2019. Katie Kramer and Andrew Ross Sorkin reflect on the themes of past years and how they felt sharing the Squawk set with conservationist and UN Messenger for Peace, Jane Goodall. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Jan 202012min

Twitter Co-Founder; NFL & Billionaires; Airbnb News

Twitter Co-Founder; NFL & Billionaires; Airbnb News

NBCUniversal has unveiled its Peacock streaming service to investors. Former NBC Cable President and CNBC contributor Tom Rogers reflects on the origins of CNBC and discusses what’s to come in streaming. Airbnb is planning on holding a “Stakeholder Day,” Andrew reports. CNBC’s sports business reporter Jabari Young discusses David Tepper’s big NFL move with Joe, Becky, and Andrew, which leads to the hedge fund billionaire David Tepper himself messaging Joe about the markets, which in turn leads to Stanley Druckenmiller—another hedge fund billionaire—contacting Joe as well. Plus, Twitter Co-founder Ev Williams joins his partner at Obvious Ventures James Joaquin to discuss impact investing and Silicon Valley sentiment. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Jan 202037min

“Netflix & Chilll’d”; Apple’s Encryption; Sustainability Investing

“Netflix & Chilll’d”; Apple’s Encryption; Sustainability Investing

WeWork’s Q4 leases plunged 93% in its fourth quarter. The anchors discuss that company’s future, some Gucci kicks, and they taste test a new Ben & Jerry’s flavor. Apple CEO Tim Cook refuses to build a “backdoor” to its iPhone encryption; CNBC Squawk Alley anchor Jon Fortt and CNBC.com tech editor Steve Kovach discuss President Trump’s request for Apple’s help. Plus, Point Bridge Capital CEO Hal Lambert and Amundi Pioneer Investments CIO Ken Taubes debate whether ESG investing is profitable, or even feasible.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Jan 202028min

China Hawks on Phase One; NYT’s Nick Kristof; Power of the Pea

China Hawks on Phase One; NYT’s Nick Kristof; Power of the Pea

Hedge fund manager and Hayman Capital Management founder Kyle Bass joins former White House insider and fellow China hawk Steve Bannon to discuss today’s signing of “phase one” of the U.S.-China trade deal. Bass is calling for more humanitarian considerations in the relationship, and Bannon sees the deal as a huge win for President Trump. In his new book “Tightrope,” Pulitzer Prize-winning international journalist Nick Kristof is looking at his own hometown in Oregon as an example of the diverging economic fortunes of America’s working class. Plus, President Trump’s relationship with Apple CEO Tim Cook is evolving, and Beyond Meat is betting on the pea (protein). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Jan 202031min

World’s Largest Money Manager Changes Course

World’s Largest Money Manager Changes Course

Larry Fink, founder and CEO of BlackRock, announced a sustainability-focused investment strategy in his annual letter today. He reflects on climate change and the future of our financial system in an extended interview with Andrew, exclusive to CNBC. Joe, Becky, and Andrew discuss the impact of Fink’s CEO letter, environmentally conscious investment philosophies, and corporate responsibility.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

14 Jan 202036min

Bachelor in Space; Boeing’s New CEO

Bachelor in Space; Boeing’s New CEO

A Japanese billionaire is taking applications for a life partner...to go to the moon. Fox is pushing to make the day after the Super Bowl a national holiday; Buzzfeed’s Alex Kantrowitz and The New Yorker’s Charles Duhigg discuss NFL streaming and big tech’s path in 2020. Former Senators Heidi Heitkamp (D-ND) and Jim DeMint (R-SC) debate the impact the 2018 tax cuts had on each state, and what it means for the 2020 election. It’s David Calhoun’s first day as CEO of Boeing, and Yale’s Jeffrey Sonnenfeld and former Boeing VP and GM Gordon Bethune agree that he’s up for the challenge. Plus, China’s delegation is heading to Washington to sign “phase one” of a trade deal, but its ultimate impact on businesses is still up for debate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Jan 202036min

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