Squawk Pod – Details, episodes & analysis

The Department of Justice has issued a subpoena to Nvidia over antitrust practices; shares of the chipmaking giant fell 9% in the session, losing more than any company ever has in a single trading day: $279 billion. Democrat and Harris Campaign surrogate Rep. Ro Khanna (D-CA) discusses ideas to reform the U.S. tax code, including taxing loans related to unrealized gains. Rep. Khanna’s district includes Silicon Valley, its trillions of value to the American economy, and their many wealthy leaders. Elon Musk’s fight with Brazil continues, as does the contractual dispute between DirecTV and Disney, keeping many customers in the dark. Plus, the U.S. Open is underway in New York. Tennis coach for Coco Gauff Brad Gilbert steps off the court to cheer the many Americans in this year’s tournament–and to discuss the ever-rising costs of the iconic Honey Deuce cocktail. 

Rep. Ro Khanna - 14:08

Brad Gilbert - 27:18

In this episode:

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

Over the weekend, Hamas killed 6 hostages in Rafah, heightening the pressure on Prime Minister Netanyahu and escalating the Middle East conflict. “The Genius of Israel” author Dan Senor explains the politics inside and outside of Israel in the aftermath of the murders. L’Attitude founder Sol Trujillo once advised Presidents Bush & Clinton on trade issues; he’s now advocating for a better system at the U.S. border. A registered Republican, Trujillo argues that America needs workers, and a smarter, more efficient border will help immigrants and the U.S. economy. Plus, hotel workers are on strike, Elon Musk is still fighting with Brazil, and DirecTV customers are without Disney channels like ESPN and ABC after a contract dispute. 

Dan Senor 14:48

Sol Trujillo 25:26

In this episode:

Dan Senor, @dansenor

Andrew Ross Sorkin, @andrewrsorkin

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

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 just under a week; USTA CEO Lew Sherr previews the action and underscores the rising fandom of tennis in recent years. Plus, Boeing has halted testing of its 777X aircraft after a production snag, and California Governor Gavin Newsom has signed 10 new bills into law, aiming to combat retail crime.

Megan Cassella - 04:10

Gabrielle Fonrouge - 12:04

Rep. Hakeem Jeffries - 18:02

Lew Sherr - 31:20

In this episode:

Megan Cassella, @mmcassella

Gabrielle Fonrouge, @FonrougeGab

Hakeem Jeffries, @RepJeffries

Becky Quick,@BeckyQuick

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

Elite university campuses are fraught with tension as students clash with each other and college administrations over the Israel-Hamas War. Over 100 students have been arrested from pro-Palestinian demonstrations on Yale, NYU, and Columbia campuses, videos of brazen antisemitism have gone viral, and one Rabbi in Columbia’s community encouraged Jewish students to go home for their own safety. NYC Rabbi David Ingber explains the escalations and safety concerns, while donor and Columbia Business School alumnus Leon Cooperman discusses the responsibilities of higher education institutions. Plus, Nobel Prize-winning economist Joseph Stiglitz maps out the Federal Reserve’s road ahead, and Elon Musk is at odds with Australia’s Prime Minister over posts on X. 

Rabbi David Ingber - 12:11

Leon Cooperman - 22:44

Joseph Stiglitz - 26:26

In this episode:

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

Tom Friedman, New York Times foreign affairs columnist, shares takeaways from his conversation with President-Elect Joe Biden as negotiations for stimulus wear on and coronavirus cases rise. E-document company DocuSign reported a solid third quarter, building on a 200%+ stock rise throughout the pandemic. DocuSign CEO Dan Springer makes the case for all things electronic even after the pandemic ends. Plus, AT&T’s WarnerMedia will simultaneously release all of its 2021 films for streaming on HBO Max and for viewing in theaters. Rich Greenfield, partner at LightShed, explains why this decision could be a watershed moment for Hollywood and Wall Street. 

Discovery is the latest media company to jump into the streaming wars with Discovery+. Discovery CEO David Zaslav and Verizon Consumer Group CEO Ronan Dunne discuss their partnership, the two-tiered streaming service, and the year of ad-free content for 55 million customers. If you’re cashing in some of your Bitcoin this year, the IRS wants to know about it. CNBC’s Sharon Epperson reports that the IRS is eyeing crypto profits with new tax disclosures for digital holdings. Plus, a $900 billion coronavirus stimulus plan and electric vehicle adoption.

The Nasdaq has proposed a new rule to require its 3,000+ listed companies to disclose Board of Directors demographics. Ursula Burns, former Xerox CEO and board member at Uber, Nestle, and ExxonMobil, joins Ford Foundation president Darren Walker in a discussion about diversity’s impact on the financial bottom line, finding diverse talent, and encouraging evolution in corporate America. Rent the Runway CEO Jenn Hyman says despite casual pandemic fashion trends, her business is holding steady. A Covid vaccine is drawing nearer on the horizon; CNBC’s Julianna Tatelbaum reports on the United Kingdom’s process for distributing supply to vulnerable populations. Plus, Tesla’s Elon Musk is putting pressure on his employees, and wealthy U.S. citizens are on the move--or at least, making plans to. 

In the new normal of distanced, remote activities, video conferencing services like Zoom and gym-free fitness companies like Brooks Running have become staples of pandemic life. Zoom Chief Financial Officer Kelly Steckleberg discusses the company’s most recent financial results and why the virtual shift--and Zoom’s value--is here to stay, through the pandemic and beyond. Brooks Running Company CEO Jim Weber takes stock of his customers, new and old, who’ve turned to his brand for mental and physical wellbeing. Plus, Senator Mark Warner (D-VA) is leading the bipartisan charge for a relief package before the year’s end. 

In the wake of the Thanksgiving holiday, former FDA Commissioner Dr. Scott Gottlieb discusses the rise in coronavirus cases and the troublesome trend that’s likely to continue. Political strategist Frank Luntz considers leveraging rhetoric to end the pandemic, and he digs into the politicization of the current health crisis. As bitcoin marches higher, Cameron and Tyler Winklevoss, founders of the cryptocurrency exchange Gemini, make the case for digital currencies, a $500,000 bitcoin, and a world of moderate crypto regulation. Plus, Doordash is lining up for its IPO, and for the fast food restaurants across the country. 

On a Black Friday unlike any other, CNBC’s Bertha Coombs reports on the scene outside a New Jersey mall. Former Saks CEO Steve Sadove and former Walmart U.S. CEO Bill Simon unpack what 2020’s retail landscape means for shopping seasons to come. Vanity Fair’s Bethany McLean and The NYT’s Kate Kelly discuss what Wall Streeters can expect--or not expect--from their bonuses this year; amid the country’s health, political, and economic environment, some firms may offer a holiday payout, and others may hold out. Bitcoin’s weathered a wild ride this week, topping off an impressive 9 months. Andrew Ross Sorkin, Becky Quick, and Steve Liesman consider where cryptocurrency has been, where it’s headed, and what it’ll do to our global financial system. Plus, CNBC’s Contessa Brewer brings some pent up seasonal cheer from a neighborhood already decorated for the holiday season.