Squawk Pod

Nvidia reported surging demand for its chips, but after much anticipation around the company’s Q2 report, Wall Street was unimpressed. Semiconductors are part of America’s strategy for tech dominance; the White House’s former CHIPS Coordinator Ronnie Chatterji explains the players in the global chips game. OpenAI is eyeing a funding raise to bring its valuation to $100 billion, and Berkshire Hatha...

NFL owners have voted to allow private equity firms to invest at up to 10% of a team stake. Robert Kraft, owner of the New England Patriots, explains the long-deliberated move for the sport, and what it means for fans and players. Former National Economic Council deputy director Bharat Ramamurti once advised Sen. Elizabeth Warren (D-MA) and now advises the Harris-Walz campaign on economic issues....

Edgar Bronfman has dropped his bid for Paramount Global , clearing the way for a merger with Skydance. Media watcher Rich Greenfield explains that the hardest part is ahead for the legacy entertainment company and its new owner, billionaire David Ellison. CNBC’s Steve Kovach explains Apple’s c-suite reshuffling after the company announced its CFO will change roles in January. Mark Zuckerberg has s...

Former Presidential candidate Vivek Ramaswamy is now a surrogate for the Trump campaign. 70 days before the election, Ramaswamy takes on Democratic nominee Harris’ economic agenda, and calls for her to give an unscripted interview to mainstream media. Ahead of Labor Day, GasBuddy’s head of petroleum analysis Patrick de Haan says fuel prices will likely stay low and get lower by the weekend, in man...

After the Democratic National Convention’s final night, Senator Elizabeth Warren (D-MA) defends Democratic Presidential Nominee Kamala Harris’ economic plan in a lively debate. CNBC’s Megan Cassella recaps the evening–and the week–of joy from Democrats convening in Chicago. Plus, after lunch spot chain Cava reported healthy quarterly results , CEO and co-founder Brett Schulman shares his plans for...

The third night of the Democratic National Convention in Chicago featured speeches from Minnesota Governor Tim Walz , former President Bill Clinton, Oprah Winfrey, Mindy Kaling, plus performances from Stevie Wonder and John Legend. Megan Cassella recaps the energetic evening on the ground in Chicago. Kamala Harris’ former chief economic advisor Mike Pyle discusses the campaign’s policy specifics s...

Target has reported a strong second quarter . CEO Brian Cornell shares the results, what he’s seeing from inflation-squeezed shoppers, and his perspective on corporate tax rates. After the second night of the DNC , Rep. Josh Gottheimer (D-NJ) discusses the overall sentiment of the event, highlighting the speakers’ focus on hope and unity throughout their remarks. CNBC’s Megan Cassella wraps up the...

The 2024 Democratic National Convention is underway in Chicago. CNBC's Megan Cassella breaks down the first night's key moments, including speeches from President Biden and UAW President Shawn Fain. House Minority Leader Hakeem Jeffries (D-N.Y.) discusses  Vice President Harris' economic agenda including her proposal to raise the corporate tax rate to 28%. Meanwhile, the U.S. Open kicks off in jus...

In the latest chapter of a volatile month for equities, the  S&P rallied nearly 4% for its best week since 2023.  High prices for basics like eggs are still squeezing consumers, though, and Vice President Kamala  Harris has begun to hint at her economic agenda , including federal action to prevent price gouging. She will formally accept the Democratic nomination for President at the Democratic Nat...

Real estate agent commission rules change on Saturday, after the National Association of Realtors’ landmark $418m settlement in March. CNBC’s Diana Olick explains the  shift underway for the real estate industry , and Re/Max President Amy Lessinger discusses the contracts and negotiations worked into every property transaction before and after this change. In DC, CNBC’s Emily Wilkins reports on th...

For the first time, the US  government has negotiated down drug prices for ten of  Medicare’s most expensive prescriptions. CNBC’s Bertha Coombs reports on the health care shift, and Centers for Medicare and Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure explains the implications for drugmakers and patients. After the White House held its first “influencer summit,” social media exper...

“The Crimes of Putin’s Trader,” hosted and reported by CNBC Senior Washington Correspondent Eamon Javers, explores the secret life of a young Russian oligarch, Vladislav Klyushin, who generated an illicit $93 million through insider corruption adding to his already massive fortune, and his Moscow-based cyber security firm that doubled as a front for hacking-driven insider trading on Wall Street. T...

FiveThirtyEight founder and political prognosticator Nate Silver is out with a new book, “On the Edge: The Art of Risking Everything.” Silver discusses the margin for error in  2024 Presidential election polling , as well as the art of risk and betting on everything, from sports to elections. On the 89th anniversary of Social Security, CNBC’s Sharon Epperson reports that  69% of the Americans poll...

Starbucks' lead independent director Mellody Hobson on the coffee giant’s stunning decision to  replace CEO Laxman Narashimhan with Chipotle’s leader Brian Niccol . In this newsmaking interview, Hobson describes the tough decisions taken by the company’s board and the  opportunities ahead .  Fanatics CEO Michael Rubin on the upcoming Fanatics Fest live event for sports fans.  Plus, Former Presiden...

Pressure is intensifying on Warner Bros. Discovery CEO David Zaslav to  deliver shareholder value after taking a $9.1 billion impairment charge on the decline of its TV business. Puck’s Matt Belloni explores the state of legacy media, Warner Bros. Discovery’s crucial carriage fee negotiations with Comcast, and the future of streaming. Meanwhile, Democratic Presidential Nominee Kamala Harris is  se...

With just 88 days left until the presidential election, both the Harris and Trump campaigns are shoring up support on Wall Street. Lydia Moynihan of the New York Post shares what she’s hearing among financiers, including their opinions of both candidates and their perception of  VP Harris’ approach to regulation . Former President Donald  Trump wants a say in the Fed’s interest rate decisions, and...

Richard Haass, President Emeritus of the Council on Foreign Relations and Senior Counselor at Centerview Partners, discusses the escalating tensions in the Middle East, critical geopolitical hotspots, and support for Israeli Prime Minister Netanyahu. Former FDA Commissioner Dr. Scott Gottlieb is zeroing in on the opioid crisis;  fentanyl claiming over 80,000 American lives each year, and he’s urgi...

Maryland Governor Wes Moore, a surrogate for Kamala Harris’ Presidential campaign, discusses  Governor Tim Walz’s appeal to voters in swing states like North Carolina. A Wall Streeter turned nonprofit CEO turned governor, Moore explains what  the Harris-Walz ticket means for the business community.  Disney is raising prices for its streaming services; Disney CFO Hugh Johnston shares the company’s ...

As the market rebounds from its sell-off, the  Nikkei 225 posts its best day since October 2008 . A federal U.S. judge ruled that  Google has illegally held a monopoly . Former SEC Chair Jay Clayton discusses the Google antitrust ruling, the recent market sell-off, and the Fed’s interest rate decision. Nassim Taleb, Universa Investments' distinguished scientific advisor and author of ‘The Black Sw...

U.S. stocks take a significant hit , mirroring a worldwide market downturn driven by fears of an impending U.S. recession. Part of the global market sell-off, Japan's Nikkei 225  experienced a dramatic plunge , marking its steepest drop since 1987. Tom Lee, managing partner and head of research at Fundstrat Global Advisors, offers insights into the latest market moves and the broader implications...

Ralph Lauren has outfitted Team USA for nine consecutive Olympics and Paralympics since 2008, designing uniforms for the opening and closing ceremonies. Andrew Ross Sorkin sits down with Ralph Lauren CEO Patrice Louvet to discuss the company’s Olympics 2024 exposure, consumer trends, demand in China, and sports portfolio expansion. Lifestyle and social media maven Martha Stewart what she’s eating...

In a rare and exclusive interview, LVMH Chairman & CEO Bernard Arnault sits down with Andrew Ross Sorkin in Christian Dior’s original drawing room in Paris.  LVMH is the premium sponsor of the 2024 Olympic Games , and the conglomerate’s products are everywhere: the medals, the trunks carrying the medals, the uniforms, even the champagne being served. Arnault discusses his company’s long history, i...

Women at the 2024 Olympics are celebrating their moment. Four-time gold medalist Serena Williams says technology and social media have changed the game for female athletes that have been outperforming for years. One such social media star is  rugby Olympian Ilona Maher , who shares her career goals in the wake of her team’s bronze medal win. Retired gymnast and Olympic gold medalist Aly Raisman di...

This year, the Olympics have reached gender parity, according to the International Olympic Committee. Venture capitalist Alexis Ohanian, 776 founder and Reddit co-founder and former executive chairman, discusses his long-held belief in the business opportunity of women’s sports, as well as Athlos, his new womens-only track meet with the sport’s largest prize purse. He says, social media is an impo...

Paris 2024 is NBCUniversal’s 18th Olympics. Brian Roberts, Comcast Chairman and CEO, and Michael Cavanagh, Comcast President, discuss the company’s broadcasting rights to the Olympic Games, state of the media landscape, NBC’s NBA rights deal, and their outlook for media and sports. Joe Kernen, Becky Quick, and Andrew Ross Sorkin then look ahead to the 2028 Summer Olympics in LA with Casey Wasserma...