Squawk Pod

Marvell is soaring after strong earnings and the $3.3 billion acquisition of Celestial AI. However, Okta's stock took a dip despite beating expectations. In political news, the Trump administration plans to propose rolling back fuel efficiency standards. Saudi Arabia's public investment fund is poised to take control of over 90% of Electronic Arts. Meanwhile, the search for the missing Malaysia Airlines Flight MH370 is set to resume, marking a significant step after more than a decade of uncertainty.

In this discussion, Brad Gerstner, Founder and CEO of Altimeter Capital and child investment account advocate, explores the $6.5 billion gift from Michael and Susan Dell to fund the Invest America initiative. He shares insights on financial literacy and ownership for kids. Meanwhile, Max Shapira, Executive Chairman of Heaven Hill, delves into the bourbon industry's evolution and how his distillery has adapted to changing consumer tastes and post-COVID habits. The conversation touches on marketing strategies and the impacts of tariffs on the industry.

Economist Mohamed El-Erian and Locavore founder Caroline Weaver join to discuss the nuances of local shopping during the holiday season. Caroline shares insights on the challenges faced by small businesses, including pricing pressures from tariffs and inventory struggles. Mohamed provides a macroeconomic perspective, analyzing the Federal Reserve’s direction and the impact of AI on market fundamentals. Together, they highlight the importance of supporting local economies against a backdrop of larger economic trends.

President Trump has made a choice for the next Federal Reserve chair, sparking speculation without revealing the name. Meanwhile, Disney's 'Zootopia 2' smashes records, raking in over $550 million globally. A data breach at South Korea's Coupang has compromised information from millions of customers, raising security concerns. On a different note, UnitedHealth Group plans to divest its final South American business for a staggering $1 billion. Stay tuned for these fast-paced insights into the market!

Courtney Reagan, CNBC's senior retail reporter, provides live insights from a New Jersey mall, highlighting the changing dynamics of Black Friday shopping. Harley Finkelstein, President of Shopify, reveals real-time data showing skincare and activewear leading sales trends. Jay Marine, head of Prime Video U.S., discusses Amazon’s integration of live sports with shopping on Black Friday. Together, they delve into consumer behavior shifts and the significance of omnichannel approaches during the holiday rush.

Trading on futures and options faced a halt due to a data center issue at CME. The SEC is investigating Jefferies over its ties to a bankrupt auto parts maker. Alibaba has launched AI smart glasses in China, integrating them with popular apps. Meanwhile, Apple is challenging India's new antitrust penalty law, which could result in hefty fines. In entertainment news, 'Zootopia 2' achieved a record-breaking opening day in China for a Hollywood animated film, raking in $81 million globally.

Join Harvard professor Arthur Brooks, an expert on happiness and family dynamics, and Nicole Johnson, the director of the Butterball Turkey Talk-Line, as they dive into Thanksgiving prep. Arthur shares strategies for maintaining family harmony, emphasizing gratitude and civil discourse at the dinner table. Nicole tackles the most common turkey questions, offering essential tips on thawing, stuffing safety, and making the most of leftovers. Get ready for a holiday filled with joy and culinary success!

Discover key insights into the stock market as Urban Outfitters sees a rise in shares. Meanwhile, HP faces job cuts of 4,000–6,000 due to a disappointing forecast. Deere delivers mixed news with a strong quarter but a dim outlook for 2026. Learn about Medicare's groundbreaking negotiations that have slashed prices for crucial medications like Ozempic, saving billions. Workday's revenue exceeded expectations, yet a lowered margin guidance led to a dip in shares. Tune in for the latest market trends and financial analysis!

Scott Bessent, United States Treasury Secretary and former investor, discusses U.S.-China relations, including soybean trade and the selection of a new Fed Chair. He also highlights affordability and economic policy challenges. Veteran political consultant James Carville urges Democrats to adopt an economic-populist approach, advocating for addressing inequality and affordability issues. Both guests explore how strategic messaging can reshape political landscapes and respond to current economic crises.

Brooke Rollins, United States Secretary of Agriculture, sheds light on the challenges of rising food prices and the impact of tariffs on farmers. She discusses the administration's efforts to support agriculture and improve affordability for consumers. Joining her is celebrated chef Lidia Bastianich, who offers practical cooking tips to navigate food inflation and create community-focused meals this holiday season. Lidia's insights on using seasonal ingredients and her secret balsamic-glazed turkey recipe are not to be missed!