Squawk on the Street

Join Torsten Slok, Chief Economist at Apollo Global Management, known for his insightful economic analysis, and CNBC correspondent Silvana Hajj-Mojica as they dissect the latest tariff tensions between the US and EU. They discuss Apple's significant market cap drop and the economic ramifications, including the potential for a slowdown in job growth. The duo also explores the surge in nuclear stocks and the implications of a new executive order, alongside the evolving landscape of tech valuations in the wake of the AI bubble.

Tariff threats from President Trump are shaking stock markets in the U.S. and Europe, especially impacting giants like Apple and Microsoft. The discussion highlights strategies for navigating market volatility as experts suggest how Tim Cook should respond. Insights on the memecoin craze and Disney's impressive rally add intrigue. Plus, Elon Musk shares exciting news about Tesla's Optimus robots, showcasing the future of robotics. Meanwhile, playful banter about personal nicknames adds a light-hearted touch to the financial analysis.

This discussion features Sarah Friar, CFO of OpenAI, instrumental in the company's financial strategies, and Jamie Salter, Founder and CEO of Authentic Brands, a powerhouse in retail intellectual property. They explore OpenAI's groundbreaking partnership in the UAE, unveiling the Stargate initiative designed to revolutionize AI technology. Salter shares insights on acquiring Dockers and revitalizing heritage brands in today’s market. The chat also touches on oil price trends, and how consumer behavior is shifting amidst economic pressures.

The podcast tackles the healthcare sector's struggles, focusing on Eli Lilly's decline amid volatility. Amid this backdrop, they discuss the promising GLP-1 medication, emphasizing its benefits beyond diabetes and weight loss. Insights from a cardiologist shed light on its potential for longevity and address misconceptions surrounding its effectiveness in the market.

Markets reacted strongly to the House passing a significant tax bill, pushing the 30-year bond yield above 5.1%. Tesla faced new competition as BYD outsold it in Europe for the first time. Bitcoin hit a fresh all-time high, attracting younger investors despite economic uncertainties. OpenAI's acquisition of a startup from ex-Apple designer Jony Ive sparked discussions about innovation. Amid the financial landscape, reactions to retail earnings from brands like Ralph Lauren added another layer to the market's complexity.

Elon Musk, CEO of Tesla and known for his groundbreaking work in electric vehicles and space exploration, discusses his ambitious vision for self-driving cars and the future of Tesla's robotaxis. He navigates the competitive landscape, especially against Chinese manufacturers like BYD. The podcast also examines the potential breakup of Alphabet to enhance shareholder value, alongside insights into rising market pressures and economic shifts impacting companies like Target and United Health. Musk’s thoughts on AI and tech innovation provide compelling food for thought.

Politics and markets collide as a tax bill standoff sends stocks tumbling. Catch insights from a blockbuster interview with Elon Musk, who shares bold visions for robotaxis and AI. Retailers like Target face tough challenges amid disappointing earnings, prompting discussions on pricing strategies against competitors. UnitedHealth contends with a Medicare fraud probe, raising questions about healthcare regulations. The complexities of legislation are examined, alongside the impact of rising yields on the economy.

In this engaging talk, Elon Musk, the visionary CEO of Tesla and X, shares insights on electric vehicles and artificial intelligence. He discusses the eagerly anticipated launch of Tesla's robo-taxi service, emphasizing strides toward full autonomy. Musk addresses the challenges of self-driving tech, balancing safety with innovation, especially in competitive markets like China. He also delves into the future of AI, advocating for both optimism and caution, while highlighting the massive infrastructure needs for advancing autonomous systems and the responsibilities that come with it.

Jack Hittery, author and CEO of Sandbox AQ, shares insights on the competitive dynamics of AI and quantum computing. He discusses the rising stock prices and the potential impact of Google's upcoming announcements. The conversation touches on the implications of quantum tech for Bitcoin security and the geopolitical landscape between the U.S. and China. Hittery also highlights the urgent legislative moves by Trump to unite Republicans on crucial tax bills as the market faces fiscal pressures and innovative shifts within the tech sector.

Donald Trump, the 45th President of the United States, discusses his strategic push for tax cuts on Capitol Hill, aiming to unite House Republicans. He shares insights on his administration's economic successes while critiquing opposing policies. The conversation also dives into Home Depot's financial performance and its pricing strategies amid tariffs. Additionally, market trends are examined, including anticipation for Elon Musk's upcoming interview, with implications for both Tesla and the broader retail sector.