Squawk on the Street SOTS 2nd Hour: Dow Hits New Record High, Sam Altman Touts ChatGPT Reacceleration, “Bash All Day, Buy All Night” 2/9/26
Feb 9, 2026
Ruchir Sharma, Rockefeller International chair, on why foreigners keep buying U.S. assets. Bob Diamond, former Barclays CEO and Hyperliquid founder, on Bitcoin volatility and tokenized trading. Kate Rooney, CNBC reporter, on Sam Altman’s internal rallying and OpenAI’s fundraising race. Scott Cronert, Citi equity strategist, on AI’s valuation effects and shifting sector leadership.
AI Snips
Chapters
Transcript
Episode notes
AI Productivity May Undercut Long-Term Fundamentals
- Chronert warns productivity gains from AI can create disinflationary feedback that pressures prices and margins.
- That dynamic could erode persistent fundamental tailwinds even as firms cut costs with AI.
Assess Software Stocks Idiosyncratically Now
- Chronert suggests the software sell-off may have priced in much of the risk and offers better risk-reward short to intermediate term.
- Investors should look idiosyncratically at software names rather than treat the sector as homogeneous.
OpenAI Highlights ChatGPT And Coding Momentum
- Kate Rooney reports Sam Altman says ChatGPT monthly growth reaccelerated above 10% and coding product usage surged roughly 50–60% in a week.
- OpenAI is emphasizing enterprise coding traction to counter Anthropic and support a large funding round.