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The 5 things you need to know before the stock market opens today: Merck is reportedly in talks to buy cancer drugmaker Revolution Medicines, fitness tracking app Strava will confidentially file for an IPO, Saks may be nearing a deal for a bankruptcy financing package of over $1B, Paramount Skydance is exploring adding strategic partners to its stake in MTV, and NASA will bring a crew home from space after they detected a “serious medical condition” aboard the ISS. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
It's the story Becky Quick never thought she would tell. Her own.As a mom to a child with a rare genetic disease, Squawk Box co-host Becky Quick dove into the hidden world of the many ways biological chance can change our lives. Thirty million Americans have a rare disease, which impact small numbers of patients. Two-thirds of those thirty million are children; 95% of rare diseases don't have an FDA-approved treatment. But despite those eye-popping numbers, millions of people continue to suffer from diseases that often go overlooked by the broader healthcare industry. Small patient populations mean drug companies and investors aren't willing to invest in the space, and outdated regulatory frameworks make the process of developing lifesaving treatments too slow for the families that need them.Becky and her husband Matt Quayle share the journey of their 9-year old daughter Kaylie, who has a rare genetic condition called SYNGAP-1. Over the next several episodes of The Path, Becky will highlight the unique challenges faced by millions of Americans, put a spotlight on the bottlenecks slowing progress in the rare disease space, and talk with stakeholders who have the power to bring about change.Join us in advancing awareness and understanding of rare diseases. Visit CNBC.com/Cures to access clips, resources, or to sign up for our weekly newsletter. Follow Becky Quick on X: @BeckyQuickPlease share your thoughts or rare disease story in the comments, and join us on The Path. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
NBC News senior business correspondent Christine Romans breaks down a few ways to keep heating costs down as we head into the depths of winter. Also, CNBC's ‘Squawk Box' co-anchor Becky Quick opens up about her daughter's rare genetic disorder, SYNGAP1, and the work she's doing to bring together families affected by rare diseases to raise awareness. Plus, Melissa Roxburgh joins to discuss returning for another season of ‘The Hunting Party,' where she plays an FBI profiler leading a secret team. And, a few ideas for healthy snacks to keep us fueled without the guilt. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
European stocks line up another day in the green - the benchmark Stoxx 600 hitting a new high in Monday's session, and the Dow Jones notching a fresh record stateside. This, in the shadow of rising geopolitical tensions as President Trump says he is "very serious" about taking Greenland - despite a warning from Denmark's Prime Minister that any act of aggression would spell the end of NATO. And deposed Venezuelan President Nicolas Maduro pleads not guilty to drug trafficking charges in his first court appearance since being captured in a U.S. operation in Caracas. Maduro said he had been "kidnapped" and was a "prisoner of war". See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The 5 things you need to know before the stock market opens today: Chevron and Exxon are seeing shares rising after the U.S. capture of Venezuelan leader Maduro, airlines are adding extra flights to ferry passengers stranded in the Caribbean since that military operation, Philadelphia Federal Reserve President Anna Paulson says more interest rate cuts could be a ways off, Tesla under pressure after missing fourth quarter delivery expectations and the third “Avatar” film maintains box office dominance. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
President Trump threatens further strikes on Venezuela should the acting leadership refuse to cooperate following the capture and removal of President Nicolas Maduro. Oil opens lower on the first trading day since the U.S. incursion after President Trump says American companies will spend billions of dollars to revive Venezuelan production. Trump also issued warnings to the leaders of Cuba and Colombia and said the U.S. needed control of Greenland for issues of national security. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
European equities kick off the first trading day of the new year on a positive note, with the FTSE 100 breaking past 10,000 points for the first time. U.K. house prices unexpectedly fell in December according to data from Nationwide, which is the weakest growth since April 2024. And, we discuss the outlook for the Federal Reserve in 2026, with a new chair, further questions over its independence and an AI boom all in its in-tray.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
European markets start the final trading day of the year relatively flat, but the benchmark Stoxx 600 remains on course to notch its best annual performance since 2021. Silver prices move lower following a volatile year which has seen the precious metal rise by more than 150 per cent. Ukraine continues to deny an alleged drone attack on President Putin's compound in the north-western Novgorod region while Russia deploys nuclear-capable ‘Oreshnik' ICBMs to Belarus.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
European markets edge into the green with the Stoxx 600 still on course to notch its best annual performance since 2021. Investors are now awaiting minutes from the FOMC later today. Russia vows to respond, following alleged Ukrainian drones targeting President Putin's state residence in the northwestern Novgorod region, which threatens to derail peace talks between the two countries. Precious metal prices move higher with copper leading the charge, recording its highest annual rise in more than 15 years.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Precious metals are seeing profit taking this morning after a strong rally last week saw the likes of gold and silver continue their strong years. On the flip side, cyptocurrencies are higher today, after a fourth quarter rout had previously spoiled any hopes of a Santa rally. Geopolitics continues to dominate the holiday period, with Trump and Zelenskyy meeting this past weekend at the White House to hammer out the details of a potential peace deal. The two leaders praised progress in negotiations, with Zelenskyy emphasing the strides made on security guarentees, a key sticking point for his country and the Europeans. Elsewhere, Ubisoft dives after one of its games was hacked over Christmas. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The 5 things you need to know before the stock market opens today: silver and gold prices are on the move, Ukraine President Volodymyr Zelenskyy says he plans to meet with President Trump soon, one lucky lottery player wins Powerball's second-largest payout ever, self-driving car startup Waymo is pausing robotaxi service in San Francisco, and Snowflake is reportedly in talks to acquire artificial intelligence software developer Observe. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Thanks to Steve Liesman and Leslie Picker for sitting in today! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The 5 things you need to know before the stock market opens today: Metals are trading higher with gold and silver hitting fresh record closes, Alphabet-owned Waymo is updating its driverless fleet after cars stalled during a San Francisco blackout, Alphabet-backed firm Motive has filed for an IPO, the Supreme Court temporarily blocked the Trump administration from deploying National Guard troops to Chicago, and the Powerball jackpot has climbed to an estimated $1.7 billion. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
European markets see meagre trading volumes this Christmas Eve but the Stoxx 600 is due to record its best annual trading performance since 2021. The U.S. GDP data comes in far hotter than expected, prompting investors to dial down expectations of a Fed rate cut while the S&P 500 sees yet another record session. BP shares surge after the British oil giant sells off its majority stake in its Castrol lubricants unit to U.S. infrastructure firm Stonepeak for $6bn. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Stoxx 600 reaches a new intra-day high with investors now anticipating the U.S. GDP print later today. Drug giant Novo Nordisk sees its shares soar as it seeks to gain U.S. approval for the pill-form version of its weight-loss drug Wegovy. President Trump has reiterated previous calls for acquiring Greenland from Denmark for national security reasons as he appoints a new envoy to the Arctic territory. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Waymo is back online in San Francisco after a service disruption during a city blackout, private equity firms Permira and Warburg have agreed to buy Clearwater Analytics in an $8.4B deal, the third installment of Avatar disappointed at the box office over the weekend, tonight's Powerball jackpot is slated to be one of the biggest ever, and Softbank is working to close a $22B+ funding commitment to OpenAI before the end of the year. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
As a business journalist, Andrew Ross Sorkin writes for the New York Times DealBook, which he founded, and co-anchors Squawk Box on CNBC. In this episode, Adam and Andrew riff on what makes a great conversation and compare notes on their best and worst interviews—including when Elon Musk told Bob Iger to f*** off. They also investigate what Andrew has learned about the psychology of powerful people and explore surprising insights from his new book, 1929, on the infamous stock market crash.For the full text transcript, visit ted.com/podcasts/fixable-transcripts Hosted on Acast. See acast.com/privacy for more information.
European markets move lower but the Stoxx 600 is on track to notch its best year since 2021. Oil prices rise and gold hits a new record high as the U.S. navy pursues a suspected third ‘dark fleet' tanker near the Venezuelan coast. In Miami, U.S. officials hail ‘productive' peace talks between Russia and Ukraine but negotiations show no signs of breaking the impasse.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Japan's central bank has raised short term interest rates to their highest level in decades, data center deals have hit a record $61 billion in 2025, EU leaders will loan Ukraine $100 billion for defense, House leaders have committed to vote on an individual stock trading ban for lawmakers, and the U.S. government could be on its way to allowing Nvidia to sell its second-most powerful chip to China. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The BoJ hikes interest rates to levels not seen for 30 years, causing yields to spike to multi-decade highs. Governor Kazuo Ueda says the central bank will continue to tighten should the economy move in line with forecasts. After a 16-hour summit, European Union leaders have agreed on a €90bn loan to Ukraine after failing in negotiations to unfreeze Russian assets. Nike scores a top and bottom line beat but the results are marred by poor sales in China, dragging the sports apparel giant's shares down.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
BP ousts its CEO Murray Auchincloss overnight following investor frustration with net zero strategy and share under-performance. He is replaced by Woodside Petroleum's Meg O'Neill who becomes the oil major's fourth boss in six years. EU leaders gather in Brussels at a crucial summit to decide funding for Ukraine. And European investors await ‘Super Thursday' with central banks' rates decisions expected from the ECB, Riksbank, Norgesbank and BoE later today.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
OpenAI is talking with Amazon about a possible investment, self-driving car company Waymo is in talks to raise $15 billion in 2026, bankrupt Spirit Airlines is looking to merge with Frontier Airlines again, reports say the Trump Administration is working on an executive order to speed up defense contractors' production, and homebuilder Lennar is feeling the pressure from a cautious housing market. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
European futures pint to the green and the UK government is buoyed by the November CPI year-on-year print which came in 0.3 per cent lower than expected. The services CPI is down 0.2 per cent, beating expectations for the month. CNBC sources have learned that Open AI is in talks with Amazon over a potential tie-up worth more than $10bn following Sam Altman's negotiations with Microsoft which allows the firm to reach across the tech sector. Crude prices edge higher after President Trump's classification of the Maduro regime in Venezuela a foreign terrorist organisation as well as ordering of a blockade of sanctioned oil tankers. The Venezuelan government says the move is in breach of international law.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The A.I. stock sell-off continues with U.S. futures suggesting a day in the red. Investors now await the U.S. jobs report later today. President Trump signals that a Ukraine peace deal is ‘closer now than we have been, ever' causing European defence stocks to tumble. However, any breakthrough on Ukrainian territorial issues remains a major sticking point. In crypto news, Bitcoin claws back some ground lost after sinking below the $86k-mark in yesterday's session – its lowest level of the year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Best-selling author and co-anchor of CNBC's "Squawk Box," Andrew Ross Sorkin comments on the battle over Warner Bros., the implications for the economy if the AI bubble bursts, and how the affordability gap is impacting the American consumer. "1929" is available everywhere now. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Chinese data shows the nation's economic slowdown deepened in November, Hong Kong pro-democracy activist and media mogul Jimmy Lai was convicted on all charges in a landmark national security trial, Sanofi shares are down after two setbacks for the company's multiple sclerosis treatment, ServiceNow is reportedly in talks to buy cybersecurity startup Armis, and Zootopia 2 has hit $1 billion at the box office. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
European markets are set to open in the green following Friday's A.I.-led stock sell-off ahead of a variety of data prints and rate decisions later in the week. Ukraine abandons demands for NATO membership with peace talks continuing in Berlin. Security is increased at Hannukah events worldwide following the massacre of 15 people by two I.S.-inspired gunmen on Bondi Beach, Sydney yesterday.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
President Trump has signed executive orders on AI, the Federal Reserve has voted to reelect 11 of its dozen federal bank presidents, Costco shares are slightly lower after that company's quarterly report, NASCAR has settled an antitrust lawsuit brought by two of its teams, including one owned by Michael Jordan, and Elon Musk has confirmed reports that SpaceX plans to IPO next year. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
UK GDP data for October disappoints coming in at -0.1 per cent month on month with services output falling by 0.3 per cent. Oracle shares tumble to their lowest level since January as investors show their concern over the company's A.I.-related splurge but global markets reached new record highs during yesterday's session with the S&P 500 breaking through the 6,900-point mark for the first time. Disney and Open A.I. join forces in a $1bn deal with the entertainment giant licensing its characters to feature in the Sora video creation app.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Fed delivers a rate cut - but the most significant dissent in six years, and division over the policy outlook, reveal a split within the central bank. Nasdaq futures falter as Oracle's data centre spend surges, sending the stock down by double-digit percentage points in extended trade - as Norway's Sovereign Wealth fund shows caution on investing in the infrastructure. Bitcoin slips, briefly dipping below $90,000 and extending a fourth quarter downturn as traders brace for a potential crypto winner. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The price of Warner Brothers Discovery could creep higher as both Paramount and Netflix ready to up their offers in a possible bidding war, computer memory maker and Nvidia supplier SK hynix is considering listing shares in the U.S., Disney is nominating former Apple executive Jeff Williams to join its board, Eli Lilly will spend $6 billion to build a manufacturing plant in Alabama, and European company Delivery Hero says its evaluating its strategic options after a stock slump. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets fully price in a 25-basis point cut at today's Federal Reserve meeting, while deep divisions within the central bank put investors on edge about the potential for easing next year. Chinese consumer prices rise at their fastest level in two years, but factory gate prices remain in deflation territory for the 38th month in a row. Donald Trump condemns European leaders as ‘weak' and says they ‘don't know what to do'.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Federal Reserve is deeply divided over its December rate decision as hawkish commentary around the FOMC's two-day meeting causes jitters among investors. President Trump is set to authorise exports of Nvidia's H200 chip to ‘approved' customers in China with 25 per cent of sales to be paid to the U.S. government as part of the agreement. Paramount has launched a last-minute $100bn offer for Warner Brothers Discovery in an attempt to thwart Netflix's acquisition. Paramount CEO David Ellison says a deal with Neflix could potentially destroy Hollywood. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
IBM is reportedly in talks to acquire Confluent, CRH, Carvana, and Comfort Systems are being added to the S&P 500, the Trump administration will forgive the remaining $11m civil fine against Southwest Airlines, the Trump administration will unveil its aid package for farmers, and “Five Nights at Freddy's 2” won the box office this weekend. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Andrew Ross Sorkin does the work of about five people. He founded and writes the DealBook newsletter for the New York Times. He hosts Squawk Box on CNBC every morning at 6am. He runs the DealBook Summit, which has become the premier annual interview event across business, policy, and technology. He co-created the TV show Billions. He wrote the definitive account of the 2008 financial crisis, "Too Big to Fail", and now he's written "1929," a 600-page epic about the greatest crash in Wall Street history. So how does he actually do all of this?Today we sit down with Andrew to answer exactly that question. We dive into his philosophy on interviewing, his start as a teenage freelancer at the New York Times, how he built DealBook from a daily column into a media empire, and his actual daily routine that somehow fits all of this into 24 hours!Links:Andrew's new book 1929DealBookThe DealBook SummitSquawk BoxSponsors:Shopify
Investors anticipate a Fed Christmas rate cut later this week with other central banks' final policy meetings potentially following suit. Soaring Chinese exports to the EU push the country's surplus beyond $1bn for the first time. Outbound shipments are up almost 6 per cent on the year with French President Emmanuel Macron threatening to slap tariffs on Beijing. Swiss lender UBS could soon benefit from the loosening of a banking regulation package which would otherwise require it to raise an additional $24bn in capital.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Even the giants of history couldn't outrun insecurity, comparison, or the feeling of not having enough. In today's episode, Ryan continues his conversation with Andrew Ross Sorkin to talk about why success rarely feels satisfying in the way you expect, why the goalposts always seem to move, and how Andrew has seen this pattern play out in some of the wealthiest and most accomplished people in the world.Andrew Ross Sorkin is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the bestselling book Too Big to Fail and co-produced a movie adaptation of the book for HBO Films. He is also a co-creator of the Showtime series Billions. His new book is 1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation. You can grab signed copies of 1929 by Andrew Ross Sorkin at The Painted Porch: https://www.thepaintedporch.com/Follow Andrew Ross Sorkin on Instagram @SorkinSays and on X @AndrewRSorkin
Docusign shares fell even after the company raised its full year outlook, Hewlett Packard Enterprise missed Wall Street's expectations for its fourth quarter revenue, shares of Ulta Beauty are on the rise after the company raised its forecasts for full year revenue, Apple has announced key leadership transitions, and Costco is adding President Biden's Commerce Secretary Gina Raimondo to its board after announcing a lawsuit against the Trump administration over tariffs earlier this week. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Global bond yields rise amid complicated pictures in the USA and Japan. Treasurys saw yields rise on stronger U.S. jobs data, while deepening expectations of a rate hike by the BOJ sees JGB prices fall. Elsewhere, Netflix has reportedly won the battle over Warner Bros Discovery; and Meta shares rise on reports the company is planning sweeping cuts to its ‘metaverse' unit, a former darling of CEO Mark Zuckerburg.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The 2025 New York Times DealBook Summit has wrapped, and Andrew Ross Sorkin is back on the Squawk Box set to discuss the highlights with Joe Kernen. He shares the best moments from interviews with Israeli Prime Minister Benjamin Netanyahu, Palantir's Alex Karp, Anthropic's Dario Amodei, California Governor Gavin Newsom, Turning Point USA's Erika Kirk, and Treasury Secretary Scott Bessent. Secretary Bessent, separately, is reportedly in consideration to lead the National Economic Council, should current NEC director Kevin Hassett be named the next Federal Reserve Chair. Then, former FDA Commissioner Dr. Scott Gottlieb discusses his concerns about the Trump administration's approach to regulating vaccines. Dr. Scott Gottlieb - 17:27In this episode:Joe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
European markets are cautiously optimistic as weaker U.S. payrolls data overnight boosted hopes of a Fed rate cut next week. It's a heavy day for geopolitics – French President Emmanuel Macron is in Beijing for a meeting with his Chinese counterpart Xi Jinping, with focus centered on expanding partnership and deepening understanding amid increased trade tensions. Elsewhere, the European Commission presented the details of its plan to use frozen Russian assets to help finance Ukraine. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
How do you stay locked in on one project for eight years? Andrew Ross Sorkin shares what he learned while writing his bestselling book 1929: Inside the Greatest Crash in Wall Street History and How It Shattered a Nation in today's conversation with Ryan. They talk about what it really takes to write a massive, deeply researched book while juggling a demanding career and family life. Andrew opens up about the fear, insecurity, and obsession that fueled his eight year journey into the world of 1929. Ryan and Andrew get into why writing still feels hard for him, the surprising reality of how much of history comes down to human behavior, and the strange process of trying to understand people who lived a century ago.Andrew Ross Sorkin is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the bestselling book Too Big to Fail and co-produced a movie adaptation of the book for HBO Films. He is also a co-creator of the Showtime series Billions. His new book is 1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation. You can grab signed copies of 1929 by Andrew Ross Sorkin at The Painted Porch: https://www.thepaintedporch.com/Follow Andrew Ross Sorkin on Instagram @SorkinSays and on X @AndrewRSorkin
Chipmaker Marvell is on the rise thanks to strong quarterly earnings and an acquisition announcement, identity-management firm Okta is lower despite beating earnings and revenue projections, reports say the Trump administration will propose weakening fuel efficiency standards, Saudi Arabia's public investment fund will own more than 90% of videogame maker Electronic Arts and the search for the missing Malaysia Airlines Flight MH370 will resume … more than a decade after the jet disappeared. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Risk sentiment is reentering markets this morning after AI optimism fueled gains in the U.S. overnight. Also in recovery is Bitcoin, which is surging higher following a week of brutal loses. On the geopolitical front, Russia and the U.S. failed to reach consensus on a deal to end the war in Ukraine, despite five hours of talks in Moscow. Elsewhere, two big AI names, Anthropic and OpenAI, in focus – Reports suggest Anthropic is in early talks to launch what would be one of the largest IPOs in history next year; while OpenAI CEO Sam Altman issued a companywide ‘code red' memo this week, warning employees over increasing competition in the chat bot space.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The 5 things you need to know before the stock market opens today: President Trump says he's made his choice for next chair of the Federal Reserve, Disney had brought in more than $500 million globally on the “Zootopia 2” box office, South Korean police are investigating a data breach at e-commerce site Coupang, data analytics firm Databricks is in talks to raise $5 billion at a valuation topping $134 billion, and UnitedHealth Group will reportedly sell off its last South American business. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The 5 things you need to know before the stock market opens today: the CME temporarily halted trading for futures, foreign exchanges, and commodities due to a data center issue, the SEC is investigating Jefferies's relationship with a bankrupt auto parts maker, Alibaba has begun selling its AI smart glasses in China, Apple is challenging India's antitrust penalty law, and Disney's ‘Zootopia 2' clocked the biggest opening day in China for any Hollywood animated film. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The 5 things you need to know before the stock market opens today: after quarterly results, Urban Outfitters is trading higher and shares of Deere, HP, and Workday are lower. Plus, Medicare negotiated lower prices for over a dozen covered medications including Ozempic. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The 5 things you need to know before the stock market opens today: airports expect the busiest day of the holiday travel week to be the Sunday after Thanksgiving, DOGE has been officially dissolved ahead of schedule, Kohl's is keeping its interim CEO on as CEO proper, the FBI is investigating a hack of SitusAMC, a technology vendor for real estate lenders, and Eli Lilly has become the first health care company to reach a $1 trillion market cap. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The 5 things you need to know before the stock market opens today: Netflix, Paramount and Comcast have all submitted bids for Warner Brothers Discovery, Nvidia shares under pressure have driven the markets lower, prediction market Kalshi has raised $1 billion in its latest fundraising round, the CEO of CrowdStrike has taken a stake in the Mercedes Formula One team, and a painting by Frida Kahlo sets records for female artists at auction. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
When President Donald Trump began his tariff rollout, the business world predicted that his unprecedented attempt to reshape the economy would lead to a major recession, if Trump went through with it all. But the markets stabilized and, in recent months, have continued to surge. That has some people worried about an even bigger threat: that overinvestment in artificial intelligence is creating a bubble. Andrew Ross Sorkin, one of today's preëminent financial journalists, is well versed in what's happening; his début book, “Too Big to Fail,” was an account of the 2008 financial crash, and this year he released “1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation.” He tells David Remnick that the concern lies in the massive borrowing to build the infrastructure for a future A.I. economy, without the sufficient revenue, currently, to pay off the loans. “If I learned anything from covering 1929, [and] covering 2008, it is leverage,” Sorkin says, “people borrowing to make all of this happen. And right now we are beginning to see a remarkable period of borrowing to make the economics of A.I. work.” Sorkin is the co-anchor of “Squawk Box” on CNBC, and he also founded the New York Times' business section, DealBook. Please help us improve New Yorker podcasts by filling out our listener survey: https://panel2058.na2.panelpulse.com/c/a/661hs4tSRdw2yB2dvjFyyw Learn about your ad choices: dovetail.prx.org/ad-choices
When President Donald Trump began his tariff rollout, the business world predicted that his unprecedented attempt to reshape the economy would lead to a major recession, if Trump went through with it all. But the markets stabilized and, in recent months, have continued to surge. That has some people worried about an even bigger threat: that overinvestment in artificial intelligence is creating a bubble. Andrew Ross Sorkin, one of today's preëminent financial journalists, is well versed in what's happening; his début book, “Too Big to Fail,” was an account of the 2008 financial crash, and this year he released “1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation.” He tells David Remnick that the concern lies in the massive borrowing to build the infrastructure for a future A.I. economy, without the sufficient revenue, currently, to pay off the loans. “If I learned anything from covering 1929, [and] covering 2008, it is leverage,” Sorkin says, “people borrowing to make all of this happen. And right now we are beginning to see a remarkable period of borrowing to make the economics of A.I. work.” Sorkin is the co-anchor of “Squawk Box” on CNBC, and he also founded the New York Times' business section, DealBook.New episodes of The New Yorker Radio Hour drop every Tuesday and Friday. Join host David Remnick as he discusses the latest in politics, news, and current events in conversation with political leaders, newsmakers, innovators, New Yorker staff writers, authors, actors, and musicians.