Squawk Pod

Steve Eisman, the investor famous for his role in the 'big short', shares insights on markets and discusses his recent breast cancer diagnosis, urging listeners to get regular checks. Elizabeth Warren, U.S. Senator, talks about the independence of the Federal Reserve, pushing back against politicization by Trump. She also dives into concerns about Netflix's acquisition of Warner Bros. Discovery, emphasizing the need for antitrust enforcement to protect consumers and workers. Their engaging discussion highlights crucial economic and health topics.

Jay Clayton, former SEC Chair and U.S. Attorney for the Southern District of New York, dives into crucial discussions around AI regulation, public safety, and affordability in New York. He addresses overregulation's impact on housing costs, critiques prosecutorial limits on open-air drug markets, and emphasizes the need for cooperation with city agencies. Congressman Josh Gottheimer sheds light on bipartisan efforts to create an AI Commission, focusing on safety measures like deepfakes and transparency. Together, they explore the intersection of technology and public policy.

Warner Brothers Discovery could see a rise in price as Paramount and Netflix prepare for a bidding war. SK hynix is considering a U.S. stock listing, causing a notable jump in its share value. Disney is expanding its board by nominating former Apple executive Jeff Williams. Meanwhile, Delivery Hero is reviewing its strategic options following a slump in stock performance. Big moves are brewing in the market, with significant implications for investors.

Doug McMillon, the departing CEO of Walmart, discusses the company's historic switch to Nasdaq and its ambitious AI initiatives, like enhancing personalized shopping through 'Sparky.' He reflects on his tenure, stressing the need for constant evolution in retail. Joining him is Scott Jennings, a Republican strategist and author, who shares insights on the role of debate in American conservatism and the importance of cross-party dialogue. He raises concerns on political divisions but expresses optimism for resolution through engagement rather than conflict.

Kevin Hassett, former chair of the White House National Economic Council, shares insights on monetary policy, discussing the impact of data on potential Fed cuts and real wage growth. Michael Wolff, former MTV president, delves into Netflix's strategic acquisition of Warner Bros. Discovery assets, emphasizing its importance in competing with YouTube and live sports. The conversation also touches on Berkshire Hathaway's leadership transitions and Elon Musk's reaction to a hefty EU fine against X.

IBM is in talks for an $11 billion acquisition of Confluent, reshaping its tech footprint. CRH, Carvana, and Comfort Systems are set to join the S&P 500, sparking interest in market dynamics. The Trump administration plans to forgive an $11 million civil fine for Southwest Airlines. Additionally, a new aid package for farmers worth $12 billion is on the horizon. Lastly, horror fans celebrate as "Five Nights at Freddy’s 2" dominates the weekend box office, taking in a staggering $63 million.

David Faber, a CNBC reporter known for his expertise in deal reporting, breaks down the Netflix acquisition of Warner Bros. Discovery, discussing intricate transaction details and regulatory implications. He highlights the sizable breakup fees in play and the strategic value of Warner's IP for Netflix. Meanwhile, entertainment journalist Matt Belloni, a founding partner at Puck, shares insider reactions from Hollywood, revealing the concerns creatives have about diminished opportunities and the legacy of Warner. They delve into antitrust risks and the future landscape of entertainment.

Docusign's share prices dipped despite an optimistic outlook. Hewlett Packard Enterprise fell short of revenue expectations, causing concern among investors. On a brighter note, Ulta Beauty saw shares rise after elevating its full-year revenue forecast, reflecting strong consumer interest in beauty products. In corporate leadership news, Apple is undergoing significant transitions, while Costco welcomed Commerce Secretary Gina Raimondo to its board amid a tariff-related lawsuit.

Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, shares his insights on vaccine regulation, emphasizing the challenges faced during the Trump administration. He highlights the importance of robust FDA processes and expresses concerns over public health implications. The discussion also touches on highlights from the DealBook Summit, including takes from Israeli Prime Minister Netanyahu and Palantir's Alex Karp, who critiques modern politics, providing a rich tapestry of perspectives on pressing issues.

Anthony Scaramucci, founder of SkyBridge Capital and crypto advocate, shares his bullish insights on Bitcoin's rebound and Solana's future in the digital asset landscape. Mark Rober, a former NASA engineer and YouTube sensation, discusses his exciting collaboration with Elmo on Sesame Street and shares his innovative Crunch Labs projects. Together, they explore the intersection of technology, education, and entertainment, highlighting the potential impact of creative science education for young learners.