Squawk Pod

Fans of Grand Theft Auto will have to hold their horses as the release of the sixth version is delayed once again. In other news, Airbnb's stocks are soaring after positive guidance, while fintech firm Affirm is riding high, contrasting with Block's ongoing earnings woes. Meanwhile, Ford's electric F-150 faces uncertainty as the company contemplates discontinuing it amidst changing EV incentives. The market is buzzing with activity!

House Speaker Mike Johnson, a key Republican voice from Louisiana, dives into the ongoing government shutdown and the argument for a clean continuing resolution to restore airport services. He discusses the contentious future of the filibuster and national security concerns in AI development, especially in light of rivalries with China. Filmmaker Kathryn Bigelow and writer Noah Oppenheim share insights on their new film, 'A House of Dynamite,' which explores the high-stakes drama of a nuclear crisis, pushing for global discussions on denuclearization.

Chris Buskirk, a tech investor and MAGA donor, shares insights on conservative strategies for America's future, emphasizing the need for innovation over taxation. Eamon Javers, CNBC reporter, dives into a pivotal Supreme Court case concerning presidential tariff powers and its potential financial repercussions for businesses. They discuss the implications of Zohran Mamdani's victory in New York, alongside analysis of how the results affect the political landscape and the wealthy city's tax structure.

AMD surprises with strong earnings and upbeat guidance, while Pinterest feels the heat after a disappointing report. Rivian's unexpected gross profit boosts its shares and confidence in the EV market. Apollo's withdrawal from taking Papa John’s private sends shockwaves through its stock. In politics, Trump renominates Jared Isaacman to lead NASA, rekindling interest after a previous nomination pause. These hot topics highlight shifting market dynamics and ongoing drama in both corporate and political arenas.

Treasury Secretary Scott Bessent discusses the use of the International Emergency Economic Powers Act for tariffs and the current government shutdown's economic repercussions. He outlines emergencies justifying these measures and stresses the need for centrist Democrats to support negotiations. Meanwhile, Palantir CEO Alex Karp reflects on his company's strong earnings, disputes with short sellers, and the importance of AI in adding value without compromising civil liberties, emphasizing the need for inclusivity in AI advancements.

Courtney Gibson, CEO of Retirement Solutions at TIAA and a former executive at Loop Capital, shares her journey from aspiring bilingual pediatrician to finance leader. She reflects on her mission to enhance retirement security for Americans and explores how her startup experiences shape her leadership style. Gibson discusses infusing innovation into TIAA, tackling bureaucracy, and empowering teams to address retirement savings inequities. Her insights reveal the importance of relationship-building and creating a culture of trust.

Join Sean Duffy, the U.S. Secretary of Transportation, as he reveals the ongoing fallout from the government shutdown affecting air travel and staffing shortages among air traffic controllers. He discusses the tough choices ahead for federal workers facing pay delays. Tim Wu, a Columbia Law Professor and former competition advisor, shares his insights on big tech's concentrated power and the urgent need for policies that foster competition, especially in AI, to combat China's tech dominance.

Berkshire Hathaway sees a remarkable 34% increase in third-quarter earnings. President Trump pushes for U.S. exclusivity on Nvidia’s advanced semiconductor chips. SNAP food benefits may restart amid government shutdown. OPEC+ announces a slight rise in crude oil production. Canadian Prime Minister Mark Carney issues an apology regarding a controversial political ad featuring Ronald Reagan.

Darren Woods, Chairman and CEO of ExxonMobil, reveals insights into Exxon's strong quarterly results and cost-cutting strategies amidst global oil geopolitics. Meanwhile, Rob Simmelkjaer, CEO of New York Road Runners, provides a vibrant preview of the NYC Marathon, highlighting its $1B economic impact and the growing popularity of running post-pandemic. Mike Pollack, President of Jack-o'-lanterns.com, discusses large-scale Halloween events and pumpkin carving trends, setting a festive tone for the weekend.

President Trump pushes for changes to the filibuster rules to end the government shutdown. Major airlines are pleading with Congress for help as air traffic controller shortages lead to widespread flight delays. Amidst this turmoil, shares of Reddit are on the rise, and Coinbase sees a boost in trading activity. The conversation dives deep into the impacts of political maneuvers on the economy and travel.