Opening Bid Unfiltered

Brooks Running may not be nearly as large as Nike or New Balance, but that doesn’t mean its impact on the sneaker industry isn’t still strong. The company – founded in the early 1900s to sell ballet slippers and bathing shoes – continues to be the top sneaker choice for serious runners. To maintain its pole position in running, Brooks has released a host of new innovations such as the Glycerin Max Road Shoe for a pricey $200. But fending off upstarts in running such as On and to a lesser extent, Decker’s outdoor owned Hoka won’t be easy. A resurgence at struggling Nike under new CEO Elliott Hill may also pose a risk. Yahoo Finance executive editor Brian Sozzi sits down with new Brooks Running CEO Dan Sheridan inside the Nasdaq Marketsite in Times Square ahead of the New York City Marathon. Sheridan reveals his vision for Brooks Running a few months into the top job and what Nike’s many stumbles have meant to the company’s growth. The long-time Brooks executive also shares what it’s like to be owned by Warren Buffett’s Berkshire Hathaway.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Dan Sheridan joins Opening Bid05:00-The engineering arms race of shoes14:00-Reflecting on the competitors17:45-Running market in China grows with middle class22:00-Talking parent company Berkshire HathawayYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.As the CEO of Brooks Running, Dan Sheridan takes the reigns after serving in leadership roles across the company since 1998. Learn more about your ad choices. Visit megaphone.fm/adchoices

The lodging industry is dominated by two iconic players: Marriott and Hilton. But only one of them has board-lebel family involvement to this very day: Marriott. Founded in 1927 by J. Willard Marriott, Marriott has grown into a global hotel colossus sporting 36 different brands, more than 9,000 locations globally and about 1.6 million rooms. Despite competition from newcomers in lodging such as AirBNB, Marriott continues to open new locations at rapid clip and innovate on the digital front. Sitting on that aforementioned board of directors from the Marriott family: the daughter of chairman emeritus J.W. Marriott, Jr. Deborah Marriott Harrison; J.W. Marriott, Jr. and new chairman, the son of J.W. Marriott, David Marriott. Yahoo Finance executive editor Brian Sozzi talks at length with Marriott chairman David Marriott. Marriott shares his vision for the family business, and how he will put his stamp on the iconic lodging company as chairman.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-David Marriott joins Opening Bid01:30-Starting at the bottom, washing dishes08:30-Surrounding yourself with smarter people16:40-Looking ahead: the next 50 years of company growth20:30-Why Marriott is looking at China and IndiaYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.David S. Marriott is Chairman of the Board of Marriott International, Inc., the third chairman of the board in the company's 97-year history. Host Brian Sozzi personally loves David's Linkedin posts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tesla founder Elon Musk is always full of surprises. His latest one came in the form of a surprisingly strong third quarter earnings report and very upbeat earnings call. Musk is full steam ahead, outlining a significant ramp in production for 2025 and eyeing the start of a ride-hailing platform. What’s more, Tesla continues to rake in big bucks from full-self driving technology and expects humanoid robots to be a large contributor to the business in the not too distant future. Yahoo Finance executive editor Brian Sozzi sits down for an in-depth conversation with Bank of America senior automotive analyst John Murphy. Murphy – who joined the Automotive Hall of Fame in 2023 – shares his bullish outlook on Tesla after the company shocked most on Wall Street with its third quarter earnings results. The veteran analyst is modeling for double-digit percentage sales and earnings growth in 2025 and 2026 as Musk’s efforts gain hold.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-John Murphy joins Opening Bid01:00-Talking Tesla09:00-Tesla semi truck outlook13:00-How the history of transport impacts automotive's future19:00-Humanoid robots, no longer futuristic21:40-Who runs Tesla, if Elon steps into a Trump administration?Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.John Murphy is a Sr. Automotive Analyst at BofA Securities. He was recently inducted in the Automotive Hall of Fame having covered the automotive financial industry for over 20 years. Learn more about your ad choices. Visit megaphone.fm/adchoices

The traditional media industry continues to be disrupted by everything from new streaming networks to popular creators posting content on platforms such as YouTube. One of those disrupters the past 15 years has been Dude Perfect. The company was started by five friends who went to Texas A&M, and rose to fame for viral trick shot videos posted on YouTube. The company now boasts 60.5 million subscribers on YouTube and churns out a steady, broader array of content. Armed with a new $100 million capital infusion from Highmount Capital, Dude Perfect is gearing up for more unique programming and the build out of a new headquarters in Frisco, Texas. Yahoo Finance executive editor Brian Sozzi sits down for a chat with Dude Perfect CEO Andrew Yaffe. Yaffe joined Dude Perfect in October after eight years in leadership roles at the NBA. He is Dude Perfect’s first-ever CEO, and has big ambitions to create a new kind of media powerhouse.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Andrew Yaffe joins Opening Bid05:30-Partnerships are lifeblood of content company08:30-Fulfilling a need for family-friendly entertainment14:50-Live sports are here to stay18:00-Kid-safe streaming appYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Andrew Yaffe recently joined Dude Perfect as the company's first CEO and was previously an Former NBA executive . Learn more about your ad choices. Visit megaphone.fm/adchoices

What it means to be a good leader is rapidly evolving. The flow of information inside companies is traveling faster than ever before, and arriving to a more dispersed workplace. A more social media driven society is also changing how big businesses are viewed and how the leaders atop these companies should lead. That is in addition to businesses becoming more global in nature, bringing with it a unique set of challenges for the C-suite. Yahoo Finance executive editor Brian Sozzi sits down with former AT&T Business CEO Anne Chow. Chow – who spent 32 years at AT&T – currently sits on the boards of railroad giant CSX and industrial powerhouse 3M. The two discuss the future of leadership, the presidential election and how one should reconsider views on retirement.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Anne Chow joins Opening Bid06:00-Talking industrial innovation08:15-Culture is a competitive advantage12:00-Called a DEI hirer professionally19:20-'Rewirement' not retirementYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.As the first woman of color CEO in AT&T’s 140+ year history, Anne Chow led AT&T Business, a $35B global operating unit comprised of 35,000 people. Anne is currently Lead Director on the Board of Directors of FranklinCovey, serves on the Boards of Directors of 3M, and CSX. Anne Chow is also the author of "LEAD BIGGER: The Transformative Power of Inclusion" Learn more about your ad choices. Visit megaphone.fm/adchoices

Vivek Arya, a Wall Street analyst from BofA Securities known for his bullish stance on technology and semiconductors, shares insights on Nvidia's impressive performance, highlighting a 180% year-to-date gain. He discusses the potential of Nvidia’s AI chip, Blackwell, and predicts a significant fourth quarter driven by rising demand. Arya presents a compelling argument that Nvidia's stock is still undervalued, emphasizing its innovative strategies in chip technology and plans for future growth in the rapidly evolving AI landscape.

The pace of development for AI continues to blow minds. What was cutting-edge 90 days ago looks like old news today. AI models are doing more things, even quicker – an observation easily seen in Tesla’s new humanoid robots. After a big year for AI breakthroughs, what might 2025 hold? And will regulators finally catch up to the developers working on the next big AI projects? Yahoo Finance executive editor Brian Sozzi talks with C3.ai chairman and CEO Tom Siebel for a wide-ranging look at AI and how it may shape the future. The pair discusses leadership lessons learned over Siebel’s long-time spent in the tech industry, initially with early software pioneer Siebel Systems.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Tom Siebel joins Opening Bid00:46-Overhyped AI05:31-Too high market valuation11:37-'If Nvidia disappeared tomorrow it would be the end of the world, but no one would know if Open AI disappeared'16:55-Legislation over regulation on AI to protect usYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Tom Siebel is the Chairman and Chief Executive Officer of C3 AI. He was the Chairman and Chief Executive Officer of Siebel Systems, which merged with Oracle Corporation in January 2006. Founded in 1993, Siebel Systems became a leader in application software with more than 8,000 employees in 29 countries, over 4,500 corporate customers, and annual revenue in excess of $2 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices

The economy has been behaving rather interestingly ahead of the November presidential election. On the one hand, the jobs market continues to moderate. Yet, major companies have begun to announce fresh layoffs – blaming AI in some cases. Despite inflation cooling, gold prices have soared. The Federal Reserve has kicked off what’s likely to be a prolonged period of interest rate cuts. While that has been well-received by investors, there are pros warning the Fed’s actions are signaling a sharp economic slowdown in 2025. Yahoo Finance executive editor Brian Sozzi talks with economist and one-time nominee by former President Trump to join the Federal Reserve board in 2020, Judy Shelton. Shelton thinks the Fed has backed itself into a corner by beginning to cut interest rates. At the same time, Shelton shares her concerns about the economy after the election and her outlook for gold prices.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Judy Shelton joins Opening Bid05:15-In the apocalypse, buy gold10:45-Is Jerome Powell the problem?17:00-Why Judy likes Elon in government20:00-Shelton: 'Harris copied no taxes on tips'Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Judy Shelton is a Senior Fellow at the Independent Institute. Former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development, she has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee. Learn more about your ad choices. Visit megaphone.fm/adchoices

The spirits industry has seen tremendous growth over the past decade as consumers seek out new flavors. Many of these same consumers have been open as well to spending ever higher sums of money for more premium spirits – all part of participating in the shift toward partaking in experiences rather than buying stuff. The industry has also seen a great deal of consolidation. In a special Opening Bid, Yahoo Finance executive editor Brian Sozzi descends to the New York City headquarters of Japanese spirits juggernaut Suntory Holdings. Sozzi meets up with Suntory Holdings CEO Tak Niinami, who has been at the helm of the maker of Hibiki and Yamazaki whiskey since 2014. Niinami shares his perspective into Gen Z, saying they are more "health conscious" and like to deal with companies that have a social awareness. He continues acknowledging the differences between his generation and Gen Z as it pertains to alcohol consumption and will focus on making adjustments to the business model accordingly. Niinami also talks about his leadership lessons honed during a decade of leading Suntory Holdings, and what the company’s next decade may look like.Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Tak Niinami joins Opening Bid02:00-Suntory is all about "east meets west"05:25-Where Suntory can fill in the portfolio09:00-How climate change will affect the alcohol industry11:52-What changes in drinking habits mean for Suntory Whiskey13:00-Shrinkflation and whiskey19:45-Lessons in leadershipYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Takeshi "Tak" Niinami is the Chief Executive Officer of Suntory Holdings, and has led the company's global strategic growth since taking the helm in 2014. Prior to joining Suntory in 2014, Tak served as CEO of Lawson, Inc., which he grew into one of Asia’s major convenience store operators, posting profit growth for 12 consecutive years and quadrupling its market capitalization during his tenure. Learn more about your ad choices. Visit megaphone.fm/adchoices

The packaged industry has a few problems at its doorsteps entering 2025. For starters, the industry continues to be under fire from lawmakers like Senator Elizabeth Warren for shrinking package sizes in a bid to boost profits. Secondarily, stubborn inflation continues to weigh on profit margins. Many households are struggling from paycheck to paycheck, causing them to forego buying some snacks and frozen meals. And last but not least, the rise of weight loss drugs in the mold of Ozempic is taking a toll on outlooks for food businesses – and investor sentiment. Yahoo Finance executive editor Brian Sozzi chats with BofA Securities Senior Food & Beverage Analyst Peter Galbo. The veteran analyst has long covered the packaged food industry, including household names such as Hormel and Campbell Soup. With margins under pressure and big food getting raked over the coals this election season, are there any reasons for investors to own these stocks? If so, what is the best bet on the future of packaged food?Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens.Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/.Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com.00:00-Peter Galbo joins Opening Bid00:43-Consumers are fed up with shrinkflation05:10-Tough choices at the grocery store06:45-Convenience stores cooling16:51-McCormick flavors22:45-Investing tips in the world of snacksYahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky.Peter Galbo is BofA Securities' Senior Food & Beverage Analyst focusing on consumer relationship and behaviors with the food sector.Peter Galbo disclosures for companies mentioned in episode: Hormel Foods: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: NoMondelez Int: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: YesKraft Heinz: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: YesConagra: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: YesCampbell Soup: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: NoMcCormick: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: NoJM Smucker Company: Investment relationship: Yes | Individual owns: No | Family owns: No | Company owns: No Learn more about your ad choices. Visit megaphone.fm/adchoices