Squawk Pod

President Trump ends the longest government shutdown with a new funding bill. Missing economic data from this period may remain unreleased, posing challenges for analysis. The Supreme Court is set to hear a case regarding the President’s authority to fire a Federal Reserve Governor. In tech news, Alibaba is shifting its AI apps to mimic ChatGPT. Lastly, the U.S. Mint produces its final penny, marking the end of a 230-year legacy. Join the hosts for intriguing discussions and personal anecdotes about money!

Lisa Su, CEO of AMD, shares insights on the company's bold AI strategy and ambitious $100 billion data center chip target. She addresses the competitive landscape, discusses partnerships with OpenAI, and outlines the importance of U.S. manufacturing. Shaun White, three-time Olympic gold medalist, talks about launching The Snow League to provide consistent competition and better pay for athletes. He emphasizes storytelling to engage fans and the league's vision for global expansion, ensuring equality in athlete compensation.

Chris Hughes, co-founder of Facebook and co-chair of the Economic Security Project, critiques the Trump administration's approach to industrial policy, highlighting the need for a clearer strategy. Meanwhile, Dr. Marty Makary, FDA Commissioner, discusses the groundbreaking removal of black box warnings for hormone replacement therapy, emphasizing its benefits for women’s health, including reduced heart disease risk. He also addresses the historical context of hormone therapy and the importance of informed decision-making for women.

Real estate developer Don Peebles, a former Obama fundraiser, criticizes the Democratic Party's leftward shift and discusses the influx of New Yorkers to Florida. He warns about the financial impact of wealthy migrations on New York. Meanwhile, travel expert Brian Kelly shares crucial tips for navigating the current chaos in air travel, including using apps for real-time updates and booking backup flights with points. He highlights the ongoing disruptions and urges travelers to pack flexibility and snacks.

Pfizer impressively wins a bidding war for obesity drug developer Metsera, raising questions about future antitrust issues. FedEx and UPS are grounding their MD-11 cargo planes after a tragic crash at a Kentucky hub, highlighting safety concerns in the aviation industry. Meanwhile, major changes occur at the BBC as its head of news resigns amid controversies over edited Trump footage. Insights into how Visa and Mastercard may soon settle on interchange fees also point to shifts in shopping rewards programs.

Dr. Mehmet Oz, a former heart surgeon and health policy expert, dives into the White House's recent deals to lower GLP-1 obesity drug prices, highlighting the significant savings for Americans. He explains the disparities in drug pricing and the administration’s strategies to align U.S. costs with global standards. Oz also addresses the balance between pharma innovation and affordability. Additionally, Musk biographer Walter Isaacson discusses Tesla’s unprecedented $1 trillion pay package, evaluating Musk's history of exceeding expectations.

Fans of Grand Theft Auto will have to hold their horses as the release of the sixth version is delayed once again. In other news, Airbnb's stocks are soaring after positive guidance, while fintech firm Affirm is riding high, contrasting with Block's ongoing earnings woes. Meanwhile, Ford's electric F-150 faces uncertainty as the company contemplates discontinuing it amidst changing EV incentives. The market is buzzing with activity!

House Speaker Mike Johnson, a key Republican voice from Louisiana, dives into the ongoing government shutdown and the argument for a clean continuing resolution to restore airport services. He discusses the contentious future of the filibuster and national security concerns in AI development, especially in light of rivalries with China. Filmmaker Kathryn Bigelow and writer Noah Oppenheim share insights on their new film, 'A House of Dynamite,' which explores the high-stakes drama of a nuclear crisis, pushing for global discussions on denuclearization.

Chris Buskirk, a tech investor and MAGA donor, shares insights on conservative strategies for America's future, emphasizing the need for innovation over taxation. Eamon Javers, CNBC reporter, dives into a pivotal Supreme Court case concerning presidential tariff powers and its potential financial repercussions for businesses. They discuss the implications of Zohran Mamdani's victory in New York, alongside analysis of how the results affect the political landscape and the wealthy city's tax structure.

AMD surprises with strong earnings and upbeat guidance, while Pinterest feels the heat after a disappointing report. Rivian's unexpected gross profit boosts its shares and confidence in the EV market. Apollo's withdrawal from taking Papa John’s private sends shockwaves through its stock. In politics, Trump renominates Jared Isaacman to lead NASA, rekindling interest after a previous nomination pause. These hot topics highlight shifting market dynamics and ongoing drama in both corporate and political arenas.