Squawk on the Street

The discussion kicks off with a bullish market reaction following a U.S.-China tariff deal. Inflation trends are analyzed, revealing impacts on the Federal Reserve's policies. President Trump's high-profile Saudi Arabia summit with major CEOs grabs attention. UnitedHealth's unexpected CEO exit sends shockwaves through the Dow, spotlighting rising medical costs. The competitive tug-of-war between FedEx and UPS against the backdrop of Amazon showcases strategic market challenges. Interspersed is humor and personal anecdotes, adding a light touch to the financial analysis.

Roger Altman, founder of Evercore and former deputy treasury secretary, provides valuable insights on the recent U.S.-China trade agreement to cut tariffs, describing it as ‘encouraging.’ He discusses the cautious optimism in the market and urges careful consideration of the details. The conversation also dives into President Trump’s executive order aimed at lowering drug prices, exploring potential effects on pharmaceutical stocks and broader economic implications. Altman emphasizes the need for strategic adaptations in a complex geopolitical landscape.

Monday's market saw a significant rally fueled by a new 90-day tariff pause in U.S.-China trade talks. Investors are buzzing about strategies as the pharmaceutical sector faces pressure from an executive order aimed at reducing drug prices. The discussion highlights major implications for both tech and pharma stocks, with Trump’s remarks stirring up further complexities. The analysis also touches on investor behavior and challenges within the retail sector amid fluctuating oil prices and a stronger dollar.

Tune in to hear Bob Pisani, a seasoned markets correspondent at CNBC with over 30 years of financial reporting experience, share his insights straight from the New York Stock Exchange. He discusses the latest stock market trends, including the sharp decline of Expedia and the uplift in bank stocks. Pisani also delves into the impact of impending U.S.-China trade talks on investor sentiment and the challenges posed by new tariffs on consumer businesses. His reflections on evolving financial journalism add a personal touch to the lively market discussion.

Mark Bristow, CEO of Barrick Mining, shares insights on the gold and copper markets amidst a volatile economy. He discusses Barrick's strategic shifts and the company's impressive earnings while highlighting the resilience of gold during uncertain times. The podcast also dives into the anticipated U.S.-China trade talks, examining their potential effects on tariffs and global markets. Meanwhile, Bitcoin's recent surge adds another layer of intrigue to the financial landscape, prompting discussions around its future and market dynamics.

Former President Donald Trump discusses a historic trade agreement with the U.K., emphasizing its agricultural and manufacturing benefits. Rene Haas, CEO of Arm Holdings, dives into how AI is reshaping their business and the semiconductor landscape. Howard Ludnick, Secretary of Commerce, shares insights on the urgency of U.S. trade talks amid global tensions. The conversation also addresses the need for improved infrastructure and regulations in the AI sector, highlighting the balance between innovation and societal concerns.

In this engaging discussion, Harley Finkelstein, President of Shopify, shares insights on the evolving U.S.-U.K. trade relationship and the impact of tariffs on e-commerce. He explores how merchants can adapt to macroeconomic changes amid rising tensions, particularly following Trump’s provocative comments about Jerome Powell and the Fed's interest rate stance. The conversation also touches on market reactions to Arm Holdings’ weak guidance, underscoring the challenges faced by tech companies in this shifting landscape.

Jonny Fine, Global Head of Investment Grade Credit Strategy at Goldman Sachs, shares insights on the shifting corporate financing landscape. Meanwhile, Hugh Johnston, CFO of Disney, reveals impressive earnings and the company’s future plans for Abu Dhabi amidst fluctuating demand in China. The discussion also touches on the pharmaceutical industry's challenges due to tariffs and the current housing market dynamics, highlighting market tensions and emerging opportunities in a rapidly changing economic environment.

In this engaging discussion, Lisa Su, the CEO of AMD, dives into the company's recent earnings and the transformative power of AI in the tech industry. She highlights the significant impact of U.S. restrictions on chip exports to China, revealing challenges and opportunities for semiconductor companies. The conversation also touches on the stock market’s optimistic response to trade negotiations and Disney's impressive quarterly results, including plans for a new theme park in Abu Dhabi, making for a lively mix of industry insights.

Dan Simkowitz, Co-president of Morgan Stanley, shares insights on the current capital markets, including M&A and IPO trends. David Koston, Goldman Sachs' chief U.S. equity strategist, discusses his market outlook and the resilience of the Mag-7 tech stocks despite recession odds rising significantly. Michael Arragetti, CEO of Ares Management, dives into alternative investing and the growing role of private credit in today's economy, revealing how these strategies are adapting to changing market dynamics.