Squawk Pod

Google has taken its Gemini AI image generator offline after the tool’s historically inaccurate images prompted criticism across the internet. Heroic Ventures founder, futurist and podcaster Michael Fertik discusses various LLM controversies–some involving Elon Musk–and the solutions to bias in AI. Fertik underlines the importance of these “fixes” early in AI adoption, before AI-generated inaccuracies find their way into public knowledge. Anthony Scaramucci breaks down CNBC’s latest conversation with JPMorgan CEO Jamie Dimon, including his perspective on the economy, bitcoin, and politics. Plus, CNBC’s Sharon Epperson loves talking about personal finance, but a new survey shows that many people–and many women–do not. Tune into CNBC’s “Women & Wealth” event on March 5th for more personal finance conversation.  Anthony Scaramucci - 02:53Michael Fertik - 22:41Sharon Epperson - 31:13 In this episode:Michael Fertik, @michaelfertikAnthony Scaramucci, @scaramucciSharon Epperson, @Sharon_EppersonJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nikki Haley lost to former President Donald Trump in the South Carolina Republican primary, but she’s committed to her campaign. Punchbowl News co-founder Jake Sherman discusses the 2024 race and its impact on progress in Congress. Amid uncertainty, the market has hit 52-week highs; whatever happens, Professor Jeremy Siegel says he’s bullish on the markets. Plus, a BP executive’s husband pleaded guilty to work-from-home eavesdropping and insider trading, and retail analyst Dana Telsey explains the trend cycles–and the inevitable return of skinny jeans.  Dana Telsey - 15:15Jeremy Siegel - 20:06Jake Sherman - 30:58 In this episode:Jake Sherman, @JakeShermanJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Reddit has filed for an IPO! The social media company plans to list on the New York Stock Exchange under the ticker RDDT, but Wall Street is asking questions about its business model–and its plans for advertising. Big Technology founder Alex Kantrowitz parses the S-1 filing and the company’s growth trajectory. Spot bitcoin ETFs are available to the masses, thanks to last month’s regulatory approval, and Grayscale CEO Michael Sonnenshein explains where he’s hoping to find his next set of returns. On Thursday, the markets rallied–the Dow Jones Industrial Average clocked its 13th record close so far in 2024, after Nvidia’s knockout quarter. Plus, it’s the first US lunar landing in 50 years, and it’s the first company moon landing ever.  Alex Kantrowitz - 15:50Michael Sonnenshein - 21:58 In this episode:Alex Kantrowitz,@KantrowitzJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nvidia’s fourth quarter blew past expectations. The chip maker's revenue tripled from last year, hitting $22B in one quarter. Sapphire Ventures partner Cathy Gao explains how Nvidia’s boom is impacting the private AI market. Another company did not fare as well in its fourth quarter: Rivian. The EV-maker is cutting 10% of its workforce. The Presidential candidate Nikki Haley is still fundraising; Puck founder Teddy Schleifer weighs in on the 2024 race, the slate of candidates, and the likelihood of a newcomer in the Democratic Party. Plus, the circus is back! Kenneth Feld, CEO of Feld Entertainment and owner of the Ringling Bros. Barnum & Bailey Circus, discusses the event’s return to audiences–without animals.  Cathy Gao - 4:26Teddy Schleifer - 12:06Kenneth Feld - 25:41 In this episode:Teddy Schleifer, @teddyschleiferJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Washington lawmakers like Senator Elizabeth Warren (D-Mass.) are raising concerns over Capital One’s planned acquisition of Discover. Antitrust laws and consumer protections are just part of the regulatory pushback on the deal. Pulitzer Prize-winning author Charles Duhigg is out with a new book, “Supercommunicators.” He explains what differentiates a good communicator from a super one, including a polite, inquisitive attitude. Manhattan Institute’s Allison Schrager warns that 401ks might be gone in 10 years, as the government seeks additional sources of revenue. Plus, Uber joins Dow Transports, Amazon joins the Dow Jones Industrial Average, and Intuitive Machines’ stock–and lunar mission–is on the move.  Charles Duhigg - 13:21Allison Schrager - 24:47 In this episode:Charles Duhigg, @cduhiggJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s big news for your wallet: Capital One is set to acquire Discover in a $35.3B all-stock deal, pending any regulatory hurdles. In the run-up to the 2024 election, Axios co-founder Mike Allen is watching two key issues: President Biden’s upcoming State of the Union, and former President Trump’s days in court. In DC, the Biden administration is awarding chipmaker GlobalFoundries $1.5B for semiconductor production; National Economic Council Director Lael Brainard discusses the White House’s program to bolster jobs and chips in the US. Plus, crude prices and bitcoin prices are on the rise.  Lael Brainard - 10:46Mike Allen - 21:09 In this episode: Mike Allen, @mikeallenJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Russian media has announced the death of Alexei Navalny, the imprisoned opponent to Vladimir Putin. Convening with other global defense leaders at the Munich Security Conference, former CIA Director General David Petraeus discusses Navalny’s death and legacy, as well as news that the FBI disrupted a Russian cyber espionage operation. Disney, Warner Bros. Discovery, and Fox might face regulatory scrutiny for their attempt to launch a new sports streaming platform. Former FTC Commissioner Mozelle Thompson discusses the streamers’ potential plans and how the sports leagues have responded. A Saudi investing group is snapping up shares of The Children’s Place, and both Roku and DraftKings stocks fell on each company’s respective quarterly reports. Plus, the NCAA has a new women’s high-scorer, after Iowa’s Caitlin Clark broke the all-time NCAA scoring record in Thursday night’s game.  Gen. David Petraeus - 11:42Mozelle Thompson - 22:09 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Thousands of flight attendants are picketing at dozens of airports around the country. President of the Association of Flight Attendants Sara Nelson explains the wage increases her colleagues are requesting. Cisco and Morgan Stanley are the latest firms to announce layoffs, joining the ranks of UPS, Paramount Global, Amazon, Macy’s, Alphabet, Levi Strauss, and others. Recruiter.com chairman Evan Sohn discusses a workforce “reshuffling” across industries, including the impact of AI on hiring trends. Japan and the U.K. are facing recessions, New York City is taking on social media, and Berkshire Hathaway has asked the SEC to keep its disclosure of one of its investments private. CNBC’s Leslie Picker discusses hedge fund moves in Q4, as shown in 13F filings. Plus, 15 years after authorities discovered Texas billionaire R. Allen Stanford’s $7B Ponzi scheme, CNBC’s Scott Cohn follows the ongoing issues for Stanford’s 18,000 victims.  Leslie Picker - 05:28Scott Cohn - 08:17Sara Nelson - 13:49Evan Sohn - 23:07 In this episode:Sara Nelson, @FlyingwithSaraLeslie Picker, @LesliePickerScott Cohn, @ScottCohnTVJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A month after approving spot Bitcoin ETFs, SEC Chair Gary Gensler shares his perspective on cryptocurrency. In an extended conversation with Joe Kernen, Becky Quick, and Andrew Ross Sorkin, he discusses market risks for investors, the responsibilities of investment advisors employing AI, and much more. Hot CPI data on Tuesday sparked a market sell-off and suggested that America’s inflation woes are far from over. Plus, an error in Lyft’s earnings report sent the stock into a Lyft-off, and the Democrats flipped a House seat in a special election on Long Island. Gary Gensler - 14:32 In this episode:Gary Gensler, @GaryGenslerJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Expedia’s CEO says travelers are in a new era after post-pandemic revenge travel has faded. Peter Kern explains travel demand and his four years turning the travel company technology first, as he prepares to leave the C-suite in May. Author Jared Cohen has penned a new book; in “Life After Power,” Cohen examines the chapters after leadership for seven U.S. Presidents who explored new roles and more purpose after leaving the White House. Uber, Lyft, and Doordash drivers plan on striking this week, and thousands of flight attendants will also picket, both groups pushing for higher pay. Plus, viral (Berkshire Hathaway-owned) Squishmallows is suing a competitor, flight and CNBC’s Emily Wilkins reports that the Senate has passed a $95B bill that includes aid funding for Israel, Ukraine, and Taiwan.  Emily Wilkins - 02:50Peter Kern - 11:46Jared Cohen - 21:07 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.