Squawk on the Street

The podcast unpacks President Trump’s alarming 25% tariffs on steel and aluminum, igniting a rally in U.S. steel stocks. It dives into the aftermath of the Philadelphia Eagles’ Super Bowl win, highlighting a surge in sports betting and the impact of memorable ads. McDonald's surprisingly shines despite dismal sales, with discussions on corporate strategies in responding to shifting consumer behavior. The conversation also touches on Meta’s winning streak and the revival of Chinese tech stocks amid broader market trends.

The discussion opens with Amazon's disappointing revenue forecast, marking a record low in growth, which sends its stock tumbling. Attention then shifts to the Super Bowl, where over $1 billion is anticipated in bets, highlighting industry insights from DraftKings' CEO. Later, Pinterest’s CEO shares promising Q4 results, showcasing how AI is playing a pivotal role in their growth strategy. The conversation also dives into the broader market implications and economic indicators, including inflation and job growth.

January's job growth surprised with softer-than-expected data, yet the unemployment rate dropped to 4.0%. Amazon's shares stumbled after disappointing cloud revenue, but they're ramping up AI investments. Big news from SoftBank, potentially investing $40 billion in OpenAI at a staggering $260 billion valuation. In exclusive discussions, the new U.S. Energy Secretary tackles topics from oil to nuclear energy, while Tesla faces challenges in China and Meta aims for a winning streak in the market.

Jim and Jeff dive into the latest profit guidance for Bristol Meyers, exploring its impact on investor sentiment. They analyze the pharmaceutical industry's recent trends, focusing on companies like Eli Lilly. The discussion includes financial results and innovative drug solutions, such as weight loss medications and treatments for schizophrenia. Their insights reveal key market strategies and the societal implications of these developments, providing listeners with a comprehensive view of current opportunities in the sector.

Rene Haas, CEO of Arm, explores the booming AI adoption and its impact on the semiconductor industry, while Chris Nassetta, CEO of Hilton, shares insights on the hospitality sector's remarkable recovery and growth strategies. They delve into how Arm is adapting to evolving tech needs and discuss Hilton’s robust performance amid rising travel demand. The conversation also touches on market challenges facing Tesla and Ford, offering a comprehensive look at the intersection of technology and hospitality in today's economic landscape.

The podcast dives into the recent volatility in tech stocks, particularly the surprising plummet of Qualcomm and Arm Holdings despite earnings beats. It also highlights Tesla's sales struggles in Europe and Ford's cautious outlook overshadowing a solid Q4 performance. Honeywell's CEO discusses a bold plan to split the company into three independent entities. Additionally, there’s a focus on semiconductor challenges and the rising demand for AI technology, showcasing the dynamic and ever-evolving landscape of the market.

Jim and Jeff delve into the recent earnings report of a major tech giant, uncovering its impact on the market. They discuss how interest rates and the Treasury's bond decisions are shaping economic trends. Their insights also touch on the mixed performance of Alphabet amidst wider concerns about the housing market and future revenue growth. Listeners gain a candid look into market dynamics and what these developments mean for investments.

Wael Sawan, the CEO of Shell, shares his insights on navigating the complex waters of global trade tensions and the ever-evolving energy market. He discusses the impact of U.S.-China trade dynamics on energy exports and highlights the crucial role of liquefied natural gas. Sawan emphasizes the importance of resilience amid geopolitical uncertainties and explains how Shell is adapting its strategies to fluctuations in energy demand and prices. Additionally, important trends in the tech sector, including Alphabet's revenue miss and scrutiny of big-tech practices, are critiqued.

Dara Khosrowshahi, CEO of Uber, dives into the company's strong Q4 earnings, which surprisingly didn’t boost stock prices. He discusses the ambitious future of autonomous driving and Uber's innovative strategies aimed at public adoption. The conversation also touches on the broader tech landscape, including challenges faced by Alphabet and AMD, and the impact of trade tensions on tech giants like Apple. Khosrowshahi shares insights into Uber's strategies for handling increased demand during major events like the Super Bowl, highlighting the company's adaptability.

Roger McNamee, an early tech investor and founder of Elevation Partners, shares insights on the impact of tariffs on the stock market and the growing influence of Elon Musk in government. He discusses the implications of China's retaliatory tariffs, the challenges retailers face, and the potential for higher inflation. The conversation also highlights Palantir's notable surge thanks to AI demand and examines the delicate balance of tech valuations amidst shifting market dynamics.