Squawk on the Street

Carlos Ghosn, the former chairman and CEO of Nissan, joins the discussion to offer a deep dive into the automotive industry. He warns that Nissan could become a ‘victim of carnage’ if the merger with Honda goes through, reflecting on the complexities of corporate governance in Japan. The conversation also tackles the fierce competition from Tesla and Chinese automakers, highlighting the urgent need for strategic partnerships. Ghosn's insights shed light on the shifting landscape of auto partnerships and the challenges faced by traditional manufacturers.

Bob Pisani, a CNBC contributor known for his sharp market insights, joins to delve into a tumultuous holiday travel period for American Airlines, caused by a technical outage. The conversation highlights a historic lawsuit from major banks against the Federal Reserve regarding stress tests, questioning regulatory oversight. They also discuss Apple nearing a $4 trillion market valuation amid AI advancements and the anticipated Santa Claus rally impacting stock trends. Additionally, implications of the stalled Nippon Steel-U.S. Steel deal are examined, showcasing a critical moment for the market.

In this discussion, Robert Kaplan, former Dallas Fed President and Goldman Sachs vice chairman, shares insights on the Fed's hesitant rate decisions, deeming them positive. Charles Dallara, former IIF CEO, warns of potential global market turmoil stemming from Trump’s trade policies. Lizanne Saunders, Chief Investment Strategist at Charles Schwab, highlights market trends influenced by AI, particularly in holiday shopping dynamics. The conversation also covers Qualcomm's legal triumph over Arm Holdings, impacting semiconductor market strategies.

David Zervos, the Chief Market Strategist at Jefferies, discusses the intricate ways the Federal Reserve's interest rate policies are impacting market dynamics. He highlights the recent rebounds in the S&P 500 and how political shifts could influence future economic conditions. Zervos also delves into the challenges facing the retail sector, particularly post-pandemic changes, and scrutinizes the implications of rising debt and government spending cuts on economic growth. His insights provide a riveting look at the future of the markets.

Join Austan Goolsbee, President of the Chicago Fed, as he shares his insights on the latest economic data and the Fed's interest rate outlook. He predicts a judicious decline in rates by 2025, sparking market optimism. Meanwhile, Steve Liesman dives into FedEx's promising earnings and a strategic spinoff of its freight business, while exploring Nike's efforts to rebound under new CEO Elliott Hill amid ongoing challenges. Tune in for a blend of economic analysis and corporate strategies!

The discussion dives into market reactions to inflation data and a looming government shutdown. FedEx's plan to spin off its freight business contrasts with Nike's efforts to bounce back. Political turmoil adds to market volatility, with speculations swirling around key players like Trump and Musk. A sharp drop in Novo Nordisk shares highlights the drug trial challenge, while bitcoin struggles this week. Insights into small business resilience and significant debt issues facing CVS and Intel round out the conversation.

Julie Sweet, CEO of Accenture, shares insights on the company’s impressive quarterly results, which have boosted their stock price. The chat highlights the market rebound following a rough patch influenced by the Fed's rate outlook. Sweet also discusses the transformative power of generative AI in government and business, showcasing Accenture's innovative strategies to enhance efficiency and revenue growth. Additionally, the political landscape is examined with a looming government shutdown, featuring commentary from Elon Musk and Trump.

The hosts dive into the fallout from a major market sell-off, questioning the Fed's recent decisions. Micron's stock plummets despite a solid earnings report, stirring investor concern. Trump advocates for abolishing the debt ceiling, igniting political debate. They discuss Elon Musk's influence on a critical bipartisan spending deal. Meanwhile, Darden Restaurants shines with strong earnings, while Lamb Weston experiences a sharp decline after executive changes. The conversation touches on retail dynamics and evolving economic signals, keeping listeners on their toes.

Marc Benioff, the visionary CEO of Salesforce, shares his excitement about the company’s plan to hire 2,000 talent to sell AI products. He emphasizes how this innovation represents a peak moment in his career. Alongside, insights are offered about the housing market outlook for 2025, highlighting the potential effects of Federal Reserve policies on this sector. The discussion touches on the impacts of advanced AI technologies and the competitive landscape, showcasing the transformative role of Salesforce’s Agent Force 2.0 in enhancing customer interactions.

Expectations rise for a pivotal Federal Reserve meeting, hinting at a potential interest rate cut. Analysts are bullish on Best Buy, examining its adaptability in a challenging economic landscape. The conversation spotlights Best Buy's smart pricing strategies and the burgeoning consumer electronics market. Additionally, the potential impact of tariffs on sales is discussed, alongside the importance of expert setup services that enhance consumer convenience amidst changing market dynamics.