Squawk Pod

Tom Lee, managing partner at Fundstrat Global Advisors, discusses the latest market sell-off and its implications for the Federal Reserve. He highlights concerns about a U.S. recession and the drastic drop of Japan's Nikkei 225. Jeremy Siegel, a renowned finance professor, advocates for urgent rate cuts from the Fed, arguing they are crucial to stabilize the economy. The conversation also touches on Warren Buffett's significant reduction of his stake in Apple, reflecting caution amid market turbulence.

Patrice Louvet, CEO of Ralph Lauren, discusses his brand's rich legacy of outfitting Team USA at the Olympics since 2008. He shares insights on consumer trends and the brand's growth strategies. Martha Stewart reveals what she’ll be eating and wearing in Paris and delves into her unique friendship with Snoop Dogg. They explore her cannabis venture and the ever-evolving landscape of social media marketing. Finally, they touch on the impacts of current market fluctuations, including the latest tech sector challenges.

In a rare talk, Bernard Arnault, chairman and CEO of LVMH, shares insights from Paris, where luxury meets sports. He discusses LVMH’s monumental $160 million sponsorship of the 2024 Olympics, aiming to elevate France’s creative image. Arnault reveals plans to showcase French artistry through medal design and uniforms while reflecting on changing consumer tastes. He also highlights an innovative collaboration idea with Elon Musk, illustrating the fusion of luxury and technology. Get ready to see this synergy in action at the Games!

Ilona Maher, a rugby Olympian and social media influencer, shares her aspirations following her team's bronze medal win. Four-time gold medalist Serena Williams discusses how technology and social media have revolutionized opportunities for female athletes. Aly Raisman, a retired gymnastics champion, reflects on the intense pressures of competition and supporting fellow athletes like Simone Biles. Together, they highlight the growing recognition and empowerment of women in sports.

Evan Spiegel, CEO of Snap, and Alexis Ohanian, Reddit co-founder and venture capitalist, dive into the dynamic intersection of social media and women's sports. Ohanian emphasizes the business potential in this arena, discussing his new women’s-only track meet with a huge prize purse. Spiegel showcases Snapchat's augmented reality features for the 2024 Olympics, predicting a shift from screens to lenses. They explore how tech enhances visibility and engagement in women’s athletics, presenting an exciting future for the Olympic Games.

Brian Roberts, the Chairman and CEO of Comcast, and Michael Cavanagh, Comcast's President, discuss NBCUniversal's extensive Olympic broadcasting rights and the evolving media landscape. They reflect on viewer engagement and innovative strategies for the upcoming Paris 2024. Casey Wasserman, chairman of LA 2028, shares insights from organizing the Los Angeles Games and the management of a $7B budget while prioritizing sustainability. The conversation also highlights the excitement around Olympic sports, including a playful fencing segment with Olympians.

Join legendary sprinter Michael Johnson and Olympic champion swimmer Summer Sanders as they discuss their groundbreaking initiatives for athletes. Johnson reveals his Grand Slam Track initiative, aimed at enhancing exposure and financial opportunities in track and field. Meanwhile, Sanders shares insights on helping athletes transition to fulfilling careers post-sport through education and mentorship. They reflect on the pressures of Olympic competition and the mental health challenges athletes face, providing an inspiring look at life beyond the gold medal.

In Paris, 23-time Olympic gold medalist Michael Phelps discusses his health and rest routines while celebrating America's win in the 4x100 men’s freestyle relay. Christine Lagarde, president of the European Central Bank and former artistic swimmer, shares how her sports background shapes her leadership in finance. Businesswoman Michele Kang talks about her investments in women’s soccer and her new global multi-team organization, Kynisca, aimed at enhancing women’s sports visibility and opportunities.

Brian Chesky, CEO of Airbnb, shares his insights on how the platform is revolutionizing accommodations for Olympic visitors in Paris, including a couple's unique stay at the Musée d'Orsay. Barry Diller, media mogul and IAC chairman, offers a candid take on his political shift away from supporting Biden, expressing confidence in Kamala Harris. The conversation also delves into the intersection of sports and politics, highlighting the heightened security measures surrounding the opening ceremonies amidst rising excitement and celebrity attendance.

Nasdaq CEO talks about market adventures; Financial therapist gives advice on managing stress. Southwest Airlines changes strategy for more legroom. Chipotle addresses online debate on portion sizes. New polling data on Democratic ticket energizes voters.