Squawk Pod

Bank stocks in the U.S. and Europe were trading lower on concerns about U.S. regional banks and bad loans, the government shutdown is set to continue over the weekend, President Trump and Russian President Vladimir Putin agreed to meet in Budapest over the next two weeks, Ambassador John Bolton, National Security Advisor under the first Trump administration, has been indicted on charges of mishandling classified information, and Pr...

The third week of the government shutdown, House Speaker Mike Johnson shares his priority for American workers. Senator Mark Kelly (D-AZ) responds to those priorities with his own party’s perspective. Sen. Kelly expects the shutdown to continue until President Trump gets involved. In the world of big tech, CNBC’s Steve Kovach reports on the battle for AI talent: Meta has poached another Apple executive. United Airlines revenue miss...

In the latest corporate integration with OpenAI, consumers can now shop at Walmart directly through ChatGPT. Internet analyst Mark Mahaney discusses the impact of corporate and AI partnerships and the future of the online landscape. In a wide-ranging interview, Silicon Valley investor and founder Brad Gerstner, CEO of Altimeter Capital, shares his perspective on China, the AI and chips arms races, and interest rates. Plus, soybeans...

Semiconductor equipment giant ASML expects a "significant" sales decline in China next year, French luxury house LVMH is reporting growth in the most recent quarter, Boston Fed President Susan Collins says she thinks the rising job market puts more interest rate cuts at risk, Apple is preparing to scale up manufacturing outside China, and OpenAI is preparing to launch a less-censored version of ChatGPT for adults.

Squawk Box is hos...

Johnson & Johnson reported its latest earnings and announced a separation of its orthopedics business into a standalone company. CEO Joaquin Duato discusses the company’s next era, new warning labels for its multiple myeloma treatment Carvykti, and the future of J&J’s consumer. Then, it’s publication day for Andrew Ross Sorkin’s new book 1929, which details the stock market crash that reshaped American capitalism. Plus, China sanct...

President Donald Trump has declared “the long and painful nightmare” in Gaza to be over in his address to the Israeli Parliament, the Knesset. Lead negotiator between Israel and Hezbollah under President Biden Amos Hochstein discusses the ceasefire terms, the future of the Middle East, and global oil prices. Meanwhile, chip stocks are rallying after the U.S. government deepened its financial ties to semiconductors. Former Intel CEO...

JPMorgan is launching a decade-long long strategy to invest in companies it considers crucial to U.S. interests, investment bank Jefferies says that its exposure to bankrupt auto parts maker First Brands Group is limited, China’s market regulator said Qualcomm did not properly disclose its acquisition of Autotalks, Disney’s Tron: Ares topped the box office this weekend, despite missing estimates, and Oscar-winning actor Diane Keato...

Amid a government shutdown, Congressman Mike Lawler (R-NY) explains his argument with House Minority Leader Hakeem Jeffries over the sticking point in the Capitol Hill stalemate: extending the Affordable Care Act tax credits. The Labor Department will bring some furloughed employees back to resume work on September’s Consumer Price Index data, though other data remains on hold during the shutdown. Chinese customs are beefing up scr...

China is opening a probe in Qualcomm for allegedly violating antitrust laws, Levi Strauss reports higher profits despite tariff costs, Ford is backtracking on an electric vehicle tax credit program, President Trump is considering billionaire entrepreneur Jared Isaacman as next NASA head, and the Nobel Peace Prize has been awarded to Venezuelan opposition leader Maria Corina Machado. 

Squawk Box is hosted by Joe Kernen, Becky Quick ...

Israel and Hamas have agreed to an exchange of hostages and prisoners that could lead to a ceasefire in Gaza. CNBC’s Eamon Javers reports on America’s role in brokering the deal, and Council on Foreign Relations President Michael Froman discusses the next stages of progress in the region. Stateside in Washington, the government shutdown continues. Senate Majority Leader John Thune (R-SD) shares his party’s willingness to discuss th...

In an extended interview, Nvidia CEO Jensen Huang discusses the AI infrastructure landscape and his company’s investments in AI projects including OpenAI, xAI, and Coreweave. After leading the chipmaker for decades, Huang shares his perspective on the U.S. position in the AI arms race; China, he says, is not far behind. Plus, Huang weighs in on reports that Oracle is losing money on Nvidia chips, H-1B visas, and President Trump’s t...

Softbank is buying the robotics arm of ABB for $4B, new Federal Reserve Governor Stephen Miran says his desire to lower interest rates is supported by the Treasury market, Intel is set to launch a new chip, the Trump Administration is considering canceling funding for clean energy projects and Amazon is launching pharmacy kiosks. Mike Santoli sits in today! 

Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.  F...

As the government shutdown enters its seventh day, all eyes are on the transportation sector. Transportation Secretary Sean Duffy joins to discuss how the shutdown is affecting air travel and the growing concerns among air traffic controllers. Meanwhile, CEOs are expressing greater confidence despite operating in an environment of constant uncertainty. Tim Walsh, KPMG U.S. chairman and CEO, breaks down findings from the firm’s late...

Billionaire hedge fund manager Paul Tudor Jones says market conditions are primed for a powerful rally before the current bull market peaks. He compares today’s environment to the lead-up to the dot-com bubble in late 1999, marked by surging tech stocks and heightened speculation. Meanwhile, as the government shutdown enters its sixth day, White House National Economic Council Director Kevin Hassett discusses its economic impact an...

Oil prices are higher after OPEC+ announced a monthly production hike, Bitcoin hit a high of nearly $126,000 over the weekend, Tesla is teasing fans with what might be a new car model, Italy’s foreign ministry says the country is working with the European Commission to pressure the U.S. to reconsider a pasta-related tariff, and “Call Her Daddy” podcaster Alex Cooper has launched an advertising agency.

Squawk Box is hosted by Joe Ke...

In a government shutdown, the Bureau of Labor Statistics cannot issue its monthly employment report; without that federal data, economists are combining state data and private data like the ADP report to paint an accurate picture of the country’s labor market. President of the Chicago Federal Reserve Austan Goolsbee explains the gaps in an economic picture painted without federal data, and considers what’s next for the central bank...

The government shutdown prevents the release of the monthly employment report, Blackrock’s Global Infrastructure partners is in talks to acquire a major data center company in a major bet on AI, shares of USA Rare Earth are soaring after talks with the Trump administration over a possible deal, Google parent Alphabet is preparing to spin off its Verily life-sciences unit, and Taylor Swift’s 12th album has its midnight release. 

Squ...

As the federal government shutdown enters its second day with no resolution in sight, Joe Kernen and Becky Quick speak with CNBC’s Emily Wilkins about the ongoing negotiations between Democrats and Republicans and whether there is any chance of reaching common ground to pass a budget. Treasury Secretary Scott Bessent then joins to discuss the latest developments, including the economic impact of the shutdown, key sticking points in...

Hours into the first government shutdown in over six years, Punchbowl News co-founder Jake Sherman reports on the path forward for both sides of the aisle. The Bureau of Labor Statistics will not release its monthly employment report amid the shutdown, sending economists and investors elsewhere for labor market data. CNBC’s Steve Liesman shares September's ADP National Employment Report, and ADP’s chief economist Nela Richardson ex...