Squawk on the Street

The rise of DeepSeek, a cost-effective Chinese language model, sparks debate on the future of AI investments and energy use. Meanwhile, insights into NVIDIA and Broadcom reveal how AI advancements could shape chip demand. Analysts weigh in on investment trends, suggesting Broadcom may offer a more promising opportunity. It's a lively discussion about the shifting landscape of the semiconductor market!

The podcast delves into a stock market sell-off triggered by news about DeepSeek, a new AI model from China. Major tech companies like NVIDIA face significant pressure amidst a reevaluation of U.S. tech dominance. The discussion includes potential impacts on semiconductor and energy sectors, along with insights on the ongoing AI race. The hosts also touch on market dynamics influenced by rising mortgage rates and political tensions, analyzing investment strategies as tech giants approach crucial earnings reports.

A turbulent market kick-started the week as fears of competition from China's AI startup DeepSeek caused a widespread sell-off, especially for tech giants like Nvidia. The discussion highlights the geopolitical implications of emerging foreign technologies and the shift from hardware to open-source models in AI. Amidst this chaos, AT&T posted a surprising earnings beat, and market watchers are keeping a close eye on upcoming economic data and its influence on different sectors. Plus, there’s a celebratory note with Jim cheering for the Eagles' latest victory!

The discussion dives into the competitive landscape of weight loss drugs, spotlighting Eli Lilly and Novo Nordisk. It highlights Novo Nordisk's promising trial results and compares the effectiveness of their medications. Additionally, there’s a focus on Eli Lilly’s rebound, marked by increasing prescription growth after a slow performance last quarter. Insights into Lilly's new developments, including an emerging amylin molecule, add depth to the conversation.

Michael Santoli, Senior Markets Commentator, shares his insights on the record highs in the S&P and the impact of economic data on market trends. Mike Sable, CEO of Venture Global, discusses the company's groundbreaking IPO in the energy sector and its competitive edge in liquefied natural gas production. The conversation touches on CSX's struggles in the coal market, Boeing's warning of significant losses, and broader economic challenges highlighted at the Davos summit, providing a multifaceted view of the current financial landscape.

The discussion kicks off with the S&P 500 hitting a record high, with insights on the performance of the 'Magnificent 7' stocks. Mark Zuckerberg's ambitious $65 billion AI investment plan for Meta sparks intrigue. Novo Nordisk sees a surge thanks to promising results from its obesity drug trials. Additionally, there’s buzz around major earnings reports from American Express and Verizon, and the largest energy IPO in years as Venture Global goes public. The future of technology and healthcare innovations also grabs attention.

Bill Reddy, CEO of Pinterest, shares insights into the platform's growth strategies and commitment to youth online safety amid changing social media dynamics. Joining him, Donald Tang, Executive Chairman of SHEIN, discusses the e-commerce giant's rapid expansion and innovative business models. The conversation also touches on the latest trends in tech investments, including the competitive AI landscape and strategies for future market navigation, all happening live from the World Economic Forum in Davos.

The discussion kicks off with the S&P 500 reaching record highs while Apple struggles in the tech sector. Tensions rise as Elon Musk and Sam Altman face off over a massive AI investment. Notable market movements witness GE Aerospace soaring while Electronic Arts takes a dive. Cramer shares insights on pricing strategies amid inflation concerns, and BlackRock's CEO remains cautiously optimistic about the future. A blend of humor and market analysis keeps the conversation engaging as they explore the evolving landscape of tech and finance.

Michael Morris, a Guggenheim securities analyst known for his deep dive into Netflix and the streaming market, explains the recent surge in Netflix shares following impressive earnings and potential price increases. Meanwhile, Robin Vince, CEO of Bank of New York Mellon, sheds light on capital markets' role in global economic growth amidst record profits. The conversation also touches on President Trump's $500 billion Project 'Stargate' aimed at boosting AI infrastructure, revealing key market implications and winners in the tech space.

Rene Haas, CEO of Arm Holdings, discusses the company’s pivotal role in a $500 billion AI infrastructure joint venture involving Oracle and OpenAI. He shares insights on how AI will transform various sectors, especially drug development. Meanwhile, Scott Kirby, CEO of United Airlines, reveals strong fourth-quarter earnings and a promising outlook for 2025, attributing success to diversified revenue. The conversation highlights the skyrocketing shares of Netflix following impressive subscriber growth and the broader tech market's response to these dynamics.