Squawk Pod

President Trump has ratcheted up tariffs for dozens of countries set to take effect next week. Apple reported its greatest revenue growth in years, Microsoft’s market cap topped $4 trillion after its earnings report, and Amazon’s disappointing earnings forecast overshadowed its solid results. Software design company Figma more than tripled in its NYSE debut; bankers and CEOs are interpreting this performance as a sign that the IPO window is officially open for tech companies this year. Former FDA Commissioner Dr. Scott Gottlieb discusses the new direction of his former agency under leadership of the sitting commissioner, Dr. Marty Makary. Top of mind for Dr. Gottlieb: the body’s large number of scientist departures. Lead Edge Capital Founding Partner Mitchell Green discusses the toll the Silicon Valley battle for AI talent is taking on private company share dilution. Plus, the July jobs report came in weaker than economists expected, and it brought some downward revisions for the previous month.  Megan Cassella - 04:12Dr. Scott Gottlieb - 21:51Mitchell Green - 34:14 In this episode:Dr. Scott Gottlieb, @ScottGottliebMDMegan Cassella, @mmcassellaJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

The 5 things you need to know before the stock market opens today: shares of Coinbase and Roku are both tumbling after the companies reported quarterly results, but each stock is still up over 50% and 30% for the year, respectively. Nvidia has denied that its chips have “back doors,” amid scrutiny from Chinese regulators, CSX is reportedly speaking with Goldman Sachs about buying a rival, and shares of Reddit popped after the company reported its most profitable quarter ever.  Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. 

Scott Bessent, U.S. Treasury Secretary, shares insights on trade negotiations with South Korea and tensions with China, emphasizing the complexities of international diplomacy. He also discusses his plans for filling upcoming vacancies at the Federal Reserve. Meanwhile, billionaire investor Mario Gabelli reflects on his long-term investment in Paramount Global, the merger with Skydance, and strategies to revitalize Hollywood. They explore the impact of AI on jobs and the evolving media landscape marked by significant corporate earnings from tech giants like Microsoft and Meta.

The morning after the FDA’s vaccine regulator Dr. Vinay Prasad announced his resignation, FDA Commissioner Dr. Marty Makary shares the agency’s position on the measles vaccine, Sarepta’s Duchenne therapy, and the addictive kratom-derived compound OH-7. Booking Holdings CEO Glenn Fogel discusses the impact of geopolitics on travel to the U.S. While Canadians and Europeans are still traveling, the operator of Agoda, Priceline, and Kayak says they’re going to Mexico and Asia, instead of the U.S. Plus, Wall Street remembers the lives lost in Monday’s shooting, the first tsunami waves from Russia’s 8.8 earthquake have hit Hawaii’s shores, and CNBC’s Eamon Javers reports on his conversation with Treasury Secretary Scott Bessent about trade talks with China. Eamon Javers - 07:24Dr. Marty Makary - 18:51Glenn Fogel - 36:48 In this episode:Eamon Javers, @EamonJaversJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Discover how AI startup Anthropic is on the brink of securing a whopping $5 billion in funding. Meanwhile, SoFi Technologies faces challenges after announcing a major share offering. Electronic Arts is revving up growth with its latest F1 racing game success. Nostalgia is in the air as the Hess Truck makes a triumphant return. Plus, find out why Happy Gilmore 2 had a standout performance on Netflix over the weekend!

After a gunman killed 4 people in a New York City office building in midtown on Monday, corporate America is evaluating office security and employee safety. Former Boeing chief security officer and current chief security officer at Corporate Security Advisors Dave Komendat discusses corporate safety measures and the next steps in the NYPD’s investigation of the tragedy. In Stockholm, the U.S. is continuing trade talks with China, and stateside, Commerce Secretary Howard Lutnick is celebrating President Trump’s trade deal with the EU. Sec. Lutnick points to the auto and pharmaceutical industries as key in that particular negotiation. Plus, Sarepta Therapeutics will resume shipping of its gene therapy to certain patients after scrutiny over the deaths of two patients using the drug. Eamon Javers - 9:25Howard Lutnick - 18:39Dave Komendat - 32:29 In this episode:Howard Lutnick, @howardlutnickEamon Javers, @EamonJaversJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Now that President Trump has struck a trade deal with the EU, attention shifts to Stockholm, where U.S. Trade Representative Jamieson Greer is participating in trade negotiations with China. He explains the White House’s strategy in those meetings and after them, while CNBC’s Eamon Javers, also in Sweden, covers the talks from outside the room. Amid mounting pressure on the Federal Reserve, former Vice Chair of the Federal Reserve Roger Ferguson discusses the upcoming FOMC meeting, including his expected timing for the next rate cut. Plus, Tesla has signed a $16.5B chip deal with Samsung, DOGE has reportedly employed an AI tool to cut federal workers, and AI company Astronomer released a post-Coldplay kiss cam scandal advertisement with Gwyneth Paltrow.  Eamon Javers - 05:11Jamieson Greer - 18:05Roger Ferguson - 32:29 In this episode:Eamon Javers, @EamonJaversJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Boeing faces a potential strike from its St. Louis workers next week. China's newly unveiled global AI action plan aims to reshape the tech landscape. Union Pacific is reportedly close to acquiring Norfolk Southern. In cybersecurity news, a subsidiary of Allianz U.S. has suffered a data breach. Meanwhile, Disney and Marvel celebrate a strong opening weekend for 'Fantastic Four: First Steps,' raking in $118 million.

After President Trump’s eventful and rare visit to the Federal Reserve building with Fed Chair Powell, OMB Director Russell Vought discusses the building’s renovations and the President’s concerns about the central bank’s budget management. Vought visited the construction site alongside the President, and shares his hope that the project finishes quickly. Rep. Tom Suozzi (D-NY) is aiming to redistribute corporate wealth through his SHARE Plan Act. Rep. Suozzi explains his plan to rebuild the middle class with stock ownership. Plus, the FCC has approved Paramount’s merger with Skydance, and President Trump signed an executive order to limit money’s influence in college sports.  Russ Vought - 14:32Rep. Tom Suozzi - 29:05 In this episode:Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

The 5 things you need to know before the stock market opens today: OpenAI reportedly plans to release GPT-5 next month, Elon Musk’s Starlink suffered one of its biggest-ever global outages, Schwab has announced a stock buyback, health insurer Centene stock is plunging after its second quarter report, and the Astronomer HR executive caught on the Coldplay concert kiss cam has left the company, days after the CEO’s departure. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.