Squawk Pod

Dell Technologies has announced a boost to its buyback plan and to its profit-growth outlook, in a meeting this week with analysts. CEO and founder of the computing giant Michael Dell discusses how AI innovation is slowly building his business’s financial returns, and how he’s planning to diversify his supply chain away from China. Florida Governor Ron DeSantis explains his stance on aiding Ukraine and working with America’s giant corporations like Disney. The Presidential hopeful shares why he believes his strategies in the sunshine state could be implemented nationwide, if he lands in the White House. Plus, the UAW strikes persist, the U.S. labor market is looking strong, Elon Musk is in hot water with the SEC (again), and it’s compliance training season! Get those modules in. If you want even more financial podcasting for your weekend, tune into ‘The Forum,’ the Economic Club of New York’s podcast with Becky Quick. Michael Dell - 14:57Gov. Ron DeSantis - 26:53 In this episode:Ron DeSantis, @RonDeSantisAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

X, the platform formerly known as Twitter, has made cuts to its elections and disinformation team, eliminating almost all of the controls that were built after the 2016 election to prevent wide-scale manipulation. Former Facebook chief security officer, Alex Stamos describes the potential dangers ahead for the 2024 U.S. Presidential election.  Singaporean authorities have seized more than 150 properties, luxury cars and thousands of gold bars in a family office money laundering scandal that has quickly grown to $2 billion. CNBC’s Wealth Editor Robert Frank reports on the international intrigue.  Plus, the job opening in the House of Representatives, it’s already too late to start your holiday shopping and a hack at Clorox leaves a big stain.  Courtney Reagan,  8:12 Alex Stamos, 15:15Robert Frank, 23:15 In this episode:Alex Stamos, @alexstamosRobert Frank, @robtfrankAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

For the first time in U.S. history, the House of Representatives has voted its Speaker Kevn McCarthy (R-CA) out of his leadership seat. 2024 Presidential hopeful Chris Christie, former New Jersey Governor, explains who might be up for the Speaker job and weighs in on the Republican party’s fate, as the Presidential election nears. Plus, the Federal Trade Commission has launched an antitrust case against Amazon, and the Department of Justice has Google parent Alphabet in its sights. Antitrust expert and Columbia Law School Professor Tim Wu explains the regulators’ routes to a competitive marketplace, plus what it means for big tech’s big innovations. Chris Christie, 16:11Tim Wu, 31:25In this episode:Chris Christie, @GovChristieTim Wu, @superwusterAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

Days after avoiding a government shutdown, House Speaker Kevin McCarthy faces potential ouster from leadership by his own party.  He shares directly with Squawk Box listeners why he is optimistic he’ll prevail. Jury selection kicks off today in the criminal trial of one-time crypto king Sam Bankman-Fried and Microsoft is launching an AI assistant that could transform your work calendar. Steve Kovach reports on the good (?) news that busy office workers can be in two meetings at once. Rep. Kevin McCarthy - 16:01Steve Kovach - 28:10 In this episode: Kevin McCarthy, @SpeakerMcCarthyAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

Congress narrowly avoids a government shutdown, Bill Ackman introduces a unique SPARC structure, Sam Bankman-Fried's trial begins, discussing the collapse of FTX and impact on individuals, the influence of Sam's parents on his upbringing

Barry Sternlicht, the hospitality and real estate investor, discusses the risks to the economy from union strikes and the Federal Reserve’s interest rate policy. Washington inches closer to a shutdown as House members have failed to come up with a consensus government funding deal – setting up a busy weekend in the Capitol. GameStop activist Ryan Cohen is becoming the retailer’s CEO, nearly three years after the “Meme Stock Mania” showcased individual investors betting on the mall retailer against hedge funds shorting the stock.  Author Ben Mezrich remembers fondly the GameStop craze and the story in the new movie “Dumb Money,” The Antisocial Network. Sternlicht - 14:03Mezrich  - 31:02 In this episode:Ben Mezrich, @benmezrichAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With just days to go before a government funding deadline, House Speaker Kevin McCarthy criticizes a short-term Senate government funding bill — stoking more fears that a shutdown could take place — saying the measure would not bolster border security.  Crypto trading platform Coinbase is leading a lobbying effort in Washington to find lawmakers supportive of developing new laws for the crypto industry.  CEO Brian Armstrong discusses his goals for “Stand with Crypto Day.”  Plus, the highlights of the second debate for Republican Presidential candidates, Bank of America CEO Brian Moynihan’s biggest worries and Delta walks back controversial changes to its SkyMiles program. Rep. Kevin McCarthy 14:01Brian Armstrong - 28:02 In this episode:Kevin McCarthy, @SpeakerMcCarthyBrian Armstrong, @brian_armstrongAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lina Khan, FTC Chair, is frequently seen as the face and the voice of the Biden administration’s antagonism against the “bigness” of big tech.  The Federal Trade Commision and 17 states have filed a landmark lawsuit against Amazon for monopolistic practices; the chair of the commission defends the agency’s decision to pursue the company.  President Biden became the first sitting President to walk a picket line, when he traveled to Michigan to throw his support behind striking autoworkers.  Detroit’s legacy car companies could be pressured by the UAW strike right into bankruptcy, warns Tesla CEO Elon Musk.  Walter Isaascson, Musk’s biographer, weighs in on the view of one of the world’s richest men toward unions and how work is changing.  Plus, Target announces store closures due to a rise in retail theft and the WGA strike ends, sending writers back to work.  Lina Khan 12:41Walter Isaacson - 24:24 In this episode: Lina Khan, @linakhanFTCWalter Isaacson, @walterisaacsonAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

“AI, Schmay-aye” says Barry Diller, on the technology the markets and the content industry can’t stop talking about.  The media mogul joins the Squawk Box gang for a deep dive into the causes – and the impact – of the historic twin strikes that have crippled Hollywood.  The IAC Chairman and one-time studio head says a marked, existential shift is coming to film and TV, and not a moment too soon. Plus, JPMorgan Chase CEO Jamie Dimon, in Indian, warns that interest rates could rise sharply from here, President Biden heads to the UAW picket line in Detroit today and, shhhhh –  ChatGPT is listening.  Barry Diller  15:30 In this episode: Phil LeBeau, @LebeaucarnewsAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.

The government funding deadline – midnight on October 1st – is looming and the likelihood of a federal shutdown is high.  Pimco’s head of public policy, Libby Cantrill, describes the gamesmanship in Washington and weighs in on its potential impact to investors and consumers.  Inflation persists in spite of the Federal Reserve’s rate hike strategy.  Chicago Fed President Austan Goolsbee defends the central bank’s goals, arguing that avoiding a recession is still possible – but inflation remains a risk.  Puck’s Matt Belloni on the tentative deal between the WGA and Hollywood studios to end the 4 month-long writers strike, Taylor Swift upstages the NFL and Tinder offering subscriptions for seriously-motivated daters. Plus, the earworms we can’t stop singing!  Matt Belloni 04:32Emily Wilkins 14:49Libby Cantrill 16:42Austan Goolsbee 25:17 In this episode:Matthew Belloni,@mattbelloniEmily Wilkins, @emrwilkinsLibby Cantrill, @PimcoAustan Goolsbee, @Austan_GoolsbeeJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickKatie 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.