Morning Call

Southeast Asian ride-hailing and delivery company Grab is said to be in talks to go public through a SPAC. We discuss the possible outcomes and impact with the FT’s Arash Massoudi. Plus, the U.K. is expanding their Covid-19 vaccine rollout by introducing the Moderna vaccine today. And Piper Sandler has released their survey on teen retail spending—we speak with Erinn Murphy about the results. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The latest on the Archegos Capital scandal, with Credit Suisse shaking up the management ranks and taking a major loss. Plus, a top brand manager weighs in on how CEOs should respond to the controversy surrounding Georgia’s voting laws. And Mastercard’s chief economist has insights on how much consumers are buying online amid the pandemic, and whether that shift will become permanent. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Biden has released his infrastructure plan. We discuss the impact to companies and sectors with Kathryn Thompson of Thompson Research. Plus, Diana Olick brings us the latest on home sales and listings. And New York has rolled out its own vaccine passport as venues reopen—we discuss with Partnership for New York City President Kathryn Wylde. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rates continue to hit highs. We speak with Catherine Faddis and Nancy Tengler about the impact to stocks. Plus, Biden will be unveiling his infrastructure plans—we discuss what to expect with James Pethokoukis. And Brian Sullivan’s RBI focuses on how air fares are already soaring higher for key dates this year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

We discuss the fallout of the Archegos margin call for stocks and the legacy of hedge funds. Plus, the CDC has released new data about long-term vaccine efficacy. We discuss what it means. And trending stories today include a devilish lawsuit, an MLB NFT, and good news for Comic-Con fans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Top market watcher Clay Seigle of Vortexa discusses the impact the traffic jam in the Suez Canal caused by the massive cargo ship Ever Given is and will continue to have on global energy and shipping. Plus, what we’re learning about margin calls taking down two hedge funds, and the ripple effect on major global banks such as Credit Suisse and Nomura. And, political strategist Tina Fordham says the odds of President Biden accomplishing his goals, including a huge infrastructure plan, are growing by the day. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Ever Given ship could take weeks to get unstuck. We discuss what the situation in the Suez means for shipping companies. Plus, Congress grilled tech CEOs on the hill—we talk about the impact. And restaurants are reopening across the country—we speak with Chef David Burke about the process. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The large container ship called the Ever Given has been stuck in the Suez Canal for over 24 hours. We discuss what it means for global supply chains. Plus, we look at big tech and social media stocks ahead of today’s hearing. And the slowly rising yields are impacting financials, but there’s still opportunity: we take a look at some names. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A large tanker has blocked the Suez Canal. We discuss what it means for an already constrained shipping flow. Plus, we speak with the CEO of a company developing vaccine passports about the ethics of proving you’ve been vaccinated. And we talk about the three A’s of tech: Apple, Alphabet, and Amazon. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.