Podcasts about squawk box

Dave Rubin of "The Rubin Report" talks about Ben Shapiro getting CNN's Abby Phillip to go quiet after he shows the proof for why the AI doomers have a lot of self-interest in pushing for more AI regulation from the federal government and a warning about what would happen if China wins the AI race; Palantir CEO Alex Karp explaining to "Squawk Box's" Andrew Ross Sorkin why pausing the development of AI could be disastrous because of the AI race that the United States is in with China; Elon Musk telling the "All-In Podcast" what he meant when he said Anthropic CEO Dario Amodei was "right" about his warnings about frontier models of AI and why we may need to pause or slow down AI development; NYC Mayor Zohran Mamdani joining other cities to sue the Trump administration for its new public charge rule that could affect the ability of immigrants to receive government benefits; Gavin Newsom telling Jake Tapper why he wouldn't run for president if Kamala Harris decides to run in the 2028 election; Harry Enten sharing new polling data that should scare the Republican establishment about how the upcoming midterm elections will determine who controls the Senate and why James Talarico is looking more likely to beat Ken Paxton; and much more. Today's Sponsors: Kalshi - Download the Kalshi app and use code RUBINREPORT to get $25 when you trade $25 or go to https://kalshi.com/r/RUBINREPORT DISCLAIMER: 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves risk and may not be suitable for all investors. Prices, values, and available markets may differ from those mentioned. For more information see kalshi.com/regulatory. Sunday for Dogs - Give your dog the quality of a home-cooked meal with the scoop and serve ease of kibble. Make the switch to Sundays. Get 50% off your first order with link below or use code RUBIN at checkout. Go to: https://sundaysfordogs.com/RUBIN Balance of Nature - Make sure you are getting all the positive effects from a wide variety of fruits and vegetables. Get 10% OFF the Whole Health System™ supplements when you use Discount Code: RUBIN. Go to https://BalanceofNature.com

25 years since the terrorist attacks on September 11, 2001, Squawk Box remembers those who were lost and those who rebuilt. KBW CEO Tom Michaud, spared that day by mere chance, remembers the third of his colleagues who were killed in the south World Trade Center tower. Michaud also celebrates the heroism and unity that came after that day and highlights ways to foster a resilient community in New York today. In 2026, AI is becoming a flashpoint for concern and for unity. Nvidia's Jensen Huang has suggested that cybersecurity companies stoking the fires of alarm, while President Trump dismissed AI fears and OpenAI's Sam Altman held a company all-hands after AI researchers shared concerns publicly. Plus, August's CPI report has raised the likelihood of an interest rate hike from the Fed. Tom Michaud - 15:13Steve Liesman - 26:14 In this episode: Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinSteve Liesman, @steveliesmanKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Mistral AI raises €3bn at a valuation of more than €21bn. The fund-raising round is among Europe's largest ever. CEO Arthur Mensch tells CNBC that the move will accelerate future growth. Oil prices are at a six-week high with Brent crude nearing the $100-mark. Market sentiment reacts with the chances of central bank tightening looming. Chinese exports in August grow by 25 per cent while Canada's counter-tariffs against the U.S. take hold.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Germany's AfD party wins a resounding election in the eastern state of Saxony-Anhalt with almost 45 per cent of the vote. Ulrich Siegmund, the candidate vying to be the state premier pledges the party will not compromise if it comes to power. Investors attempt to look beyond President Trump's threat to cut off top trading partners if the Federal Reserve fails to cut interest rates. Markets have priced in a 60 per cent chance of a rate hike in September following August's jobs data. Brent nears $100 a barrel as the U.S. and Iran engage in fire across the weekend. The U.S. military said it had targeted 3 Iranian oil tankers following missile launches at two American vessels.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A new economic order for the AI era looms over talks at the European House – Ambrosetti Forum, as policymakers and business leaders gather at Lake Como. Equities rally and yields ease, while Norway's sovereign wealth fund floats unwinding some of its Treasury holdings by roughly $80 billion. Today's U.S. jobs report has traders locked in a dead heat, with CME FedWatch futures on the fence as investors look for clues on the Federal Reserve's next policy move. And Volkswagen's board approves an overhaul that will slash 50,000 jobs and halve its vehicle line-up after a tense standoff with unions.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Treasury yields hover near multi-year highs as investors await Friday's big jobs report for clues on the Federal Reserve's next policy move. New York Fed President John Williams tells CNBC higher yields are not a signal of market dysfunction. Traders brace for possible ‘Yen-tervention' as the dollar eases from a two-week high, raising speculation that Japanese authorities might once again intervene in the foreign exchange market. Washington secures a 'light touch' approach to AI regulation at a G20 technology gathering in North Carolina as Commerce Secretary Howard Lutnick tells CNBC any tariffs on the chip sector will be selective.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The global bond rout deepens as fears over fiscal deficits and rising inflation fuel a multi-decade high in government borrowing costs. US Treasury Secretary Scott Bessent, however, is not concerned. Oil prices continue to climb as the U.S. ramps up strikes on Iran, while Tehran retaliates with attacks on Gulf States. Volkswagen's leadership will propose ending production at four German factories from 2031 at a meeting later this week. Speaking to CNBC, chief negotiator of the IG Metall workers union accuses the carmaker of going back on past agreements. In his first appearance at the House of Commons as the U.K. Prime Minister, Andy Burnham names Margaret Thatcher and Brexit as key reasons for the country's stagnant growth.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. Treasury Secretary Scott Bessent downplays concerns as the global bond sell-off deepens with the U.S. 10-year treasury yield hitting a 20-month high. The G20 summit in North Carolina leaves European officials astonished at the Russian Finance Minister's attendance, but Bessent says there will be no sanction relief until the war in Ukraine is over. Shein struggles in its Hong Kong IPO, as the valuation of the fast-fashion giant falls by some three-quarters since its private market peak in 2022.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, Andrew Ross Sorkin discusses lessons from the 1929 Wall Street crash, followed by a panel discussion on the present-day risk of a bubble, and how policymakers should respond.   Host: Gillian Tett, Columnist and Member of the Editorial Board, Financial Times; Head, King's College, University of Cambridge; CFR Member   Introductory Remarks:  Michael Froman, President, Council on Foreign Relations   Guests: Andrew Ross Sorkin, Founder, DealBook, and Columnist and Editor at Large, New York Times; Coanchor, Squawk Box, CNBC; Author, 1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation; CFR Member   Want more comprehensive analysis of global news and events sent straight to your inbox? Subscribe to CFR's Daily News Brief newsletter.   To keep tabs on all CFR events, visit cfr.org/event. To watch this event, please visit it on our YouTube channel: A Conversation With Andrew Ross Sorkin

Markets await U.S. Federal Reserve Chairman Kevin Warsh's debut keynote speech at the Jackon Hole Symposium later today. We hear from Cleveland and Kansas City Fed presidents Jeff Schmid and Beth Hammack about their concerns regarding U.S. consumer inflation and the interest rate path. Nvidia notches the second-largest market cap move on record – almost $500bn on the Nasdaq – pushing its share price up by almost 9 per cent following stellar quarterly results. Prospective presidential candidates in France clash in the election cycle's first debate with the centrist parties trailing both sides of the political spectrum.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nvidia posts another quarterly earnings beat, predicting a 70 per cent surge in sales growth for 2027 and shrugs off concerns over circular financing. CEO Jensen Huang tells CNBC, A.I. growth is accelerating and finally becoming productive. CNBC hears from sources that Anthropic has struck a $45bn cloud deal with Nscale while there are reports Nvidia is set to take over Hugging Face who's platform was briefly hacked by OpenAI's rogue agent several weeks ago. As global bond market volatility continues, all focus turns to Jackson Hole, Wyoming where U.S. Federal Reserve Chairman Kevin Warsh will deliver his debut keynote speech to the symposium later today. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nvidia earnings are in focus as the AI giant hopes to prove the bears wrong about its $500bn AI financing push. There are expectations of a 100 per cent quarterly surge for the company. OpenAI's chief of data centres, Chris Malone, has quit the company to become the third high-profile departure this month as IPO speculations abounds. Canada imposes tariffs on up $20bn of U.S. goods, escalating the trade war between the two neighbours. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. Treasury Secretary Scott Bessent has warned of secondary sanctions on any third parties attempting business with the Islamic regime, including China. Bessent also insists the Treasury's auction schedule would continue apace even amid the department's buybacks. Germany's finance minister Lars Klingbeil has blamed the global spike in bond yields on the conflict in the Gulf. In crypto news, Bitcoin surges past $80,000 for the first time since mid-May on the back of increased inflows of spot Bitcoin ETFs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. futures dip ahead of Nvidia earnings and U.S. Federal Reserve Chairman Kevin Warsh's debut speech at this week's Jackson Hole Symposium. Both events could have significant impacts on how markets trade for the rest of the year. U.S. Treasury Secretary Scott Bessent vows to impose crippling new sanctions on Iran and any ‘enabling' countries ahead of a widely anticipated press conference later today. Nordic and Baltic national leaders pledge continued military and financial support for Ukraine as the country marks Independence Day. UK Prime Minister Andy Burnham is also due to travel to Kyiv today – his first international visit as leader.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Treasury yields have rebounded despite yesterday's buyback intervention relief from U.S. Treasury Secretary Scott Bessent. In an exclusive interview, Bessent told CNBC he is prepared to increase the operation beyond $4bn. The bond sell-off has impacted the equities markets which closed deep into negative territory at the end of Thursday's sessions. European futures are flat following a down week on the Continent. In crypto news, Bitcoin surpasses the $70,000-mark, adding approximately 20 per cent this week. We hear from Coinbase CEO Brian Armstrong who says the sector is now set for another bull market. And in banking news, Italy's Monte dei Paschi offers a double takeover of Banco BPM and Banco Generali. If approved, the deal would be valued at close to €70bn and would trump Intesa's own takeover bid.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

There's some relief in the global government bonds market thanks to U.S. Treasury pledges to double buybacks for longer term bills. President Trump resumes criticism of the Federal Reserve for high interest rates amid rising debt burdens. Trump also escalates the economic pressure on Iran, threatening any third-party country doing business with the Islamic Republic and preparing to significantly increase sanctions on the country. ECB President Christine Lagarde says U.S. moves away from the global economic order are having a negative impact on eurozone growth. She urged policy makers not repeat the mistakes of the dotcom boom in today's A.I. era. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The global rout in bonds eases somewhat but yields on sovereign debt remain at highs not seen for decades. Investors now turn their attention to UK inflation data and last month's FOMC minutes. Equities also sell off Stateside and in Asia, especially in chip stocks, while European futures are firmly in the red. Chinese humanoid developer Unitree sees its shares balloon by more than 600 per cent on its Shanghai market debut as China showcases its ambitions for its national robotics industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump threatens to bomb ally Oman should it impede efforts to re-open the Strait of Hormuz following yesterday's expiration of the MOU with Tehran with no immediate signs of diplomatic efforts from both sides. Brent moves to beyond $90 a barrel as a result while equities and bonds suffer losses. The U.S. 30-year T-bill surges to its highest level since 2007. The ECB has warned U.S. Big Tech stocks are due a correction and the euro zone's households, insurers and pension funds are all vulnerable to any potential pull-back.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

European futures are set to start in the green after snapping a four-week winning streak. Investors are anticipating UK employment and inflation data, flash PMIs and the latest FOMC meeting minutes later this week. The U.S.-Iran MOU expires later today with the impasse forcing President Trump to concede Americans will have to contend with higher fuel prices. Heatwaves cause wildfires in Belgium while the level of the Rhine in Germany falls to a new record low. Berkshire Hathaway increases its stake in Alphabet. The tech giant is now its third-largest holding. Form 13F filings in the U.S. reveal a big tech ‘tug-of-war' among institutional investors. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. inflation concerns ease with producer prices coming in unchanged for July, cutting the odds for a September Fed hike. South Korea's KOSPI surges further following last month's sell-off. European futures are in the green following an otherwise lacklustre week but the continent is poised for one of its strongest earnings seasons in years. The U.S. 30-year T-bill auction racks up the highest borrowing costs in 25 years – up at 5.2 per cent – as investors examine Washington's spiraling debt pile.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

July's U.S. inflation slows down to come in at 3.4 per cent with the core print falling to 2.5 per cent. Markets now expect the September rate decision to remain on hold. The CEO of Norway's sovereign wealth fund says he is cautious about AI funding even though the fund's gains are largely derived from tech. NBIM's Nicolai Tangen tells CNBC he is still optimistic about economic resilience around the world in the long term. Shipping titan Maersk boosts its FY guidance on the back of a robust volume growth outlook . Rival carrier Hapag-Lloyd sees an increase in Q2 revenues due to higher spot rates.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Coreweave shares surge after the AI cloud provider posts a beat on both the top and bottom line. Data centre infrastructure firm Super Micro is also up on positive forecasts. Investors await the latest U.S. inflation data with the headline number expected to be 3.4 per cent. There is no clear agreement about the Federal Reserve's next move. Oil inches higher as attacks on shipping in both the Strait of Hormuz and the Bab el-Mandeb raise fears of escalation as well as increase concern over crude supply chains. A top Iranian security official doubles down on Tehran's demands to re-open the Gulf. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nvidia makes a massive financing push, teaming up with top Wall Street bosses who pledge more than half a trillion dollars in capital. CEO Jensen Huang tells CNBC that his company's chips platform will become its own asset class. Hopes of a new deal over the Strait of Hormuz fade with President Trump claiming the U.S. fully controls the waterway and that it should be Iran who pays the U.S. reparations for 50 years of ‘damage'. Crude inches higher and Asian equities remain mixed while futures in Europe and the U.S. are flat.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Iran raises the price for reopening the Strait of Hormuz, demanding U.S. reparations under June's memorandum of understanding. Yemen's Houthi rebels hit a Saudi oil refinery just days after Riyadh signs a mutual regional defence pact with Turkey and Pakistan. Berkshire Hathaway's Greg Abel pumps almost $20bn in investments in the second quarter, including almost $10bn in Alphabet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Iran draft plan to reopen the Strait of Hormuz reportedly prohibits vessels from ‘hostile' states including the U.S. and Israel. A U.S. official tells CNBC that any temporary passages must be unimpeded for all. In tech news, Alphabet raises $25bn in debt to fund A.I. projects while Kansas City Federal Reserve Jeff Schmid asks whether the sector is becoming another ‘too big to fail.' China sees exports rise almost 24 per cent in July on the back of strong demand for its chip components. Meanwhile, President Trump imposes a 15 per cent tariff on poly-silicone products to target semi-conductor and photovoltaic product supply chains. Investors await July's U.S. jobs report later today. Economists expect a boost of up to 83,000 jobs due in part to the recent World Cup.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Big Tech moves were in focus during Wall Street's session on Wednesday as DeepMind CEO Demis Hassibis' departure drags Alphabet down. SpaceX shares were also down following the company's debut earnings with investors now awaiting the first expiration of its insider lock-ups earlier today. Germany's Commerzbank posts an almost 100 per cent jump in quarterly net profit beating expectations ahead of a potential takeover from Italian lender Unicredit. Siemens hikes its FY guidance as orders surge by almost 14 per cent on strong demand from infrastructure and data centres. CEO Roland Busch tells CNBC every one of its units is ‘firing on all cylinders'. Iran and Oman inch closer to a deal to reopen the Strait of Hormuz with the pact reportedly granting Tehran control over entry rights to the waterway. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

High investment costs outweigh SpaceX's earnings beat with investors concerned about AI capex doubling from the previous quarter. Asian equities are in the green, following fresh record highs on Wall Street yesterday. Oil retreats as U.S. Treasury Secretary Scott Bessent tells CNBC he sees movement in opening the Strait of Hormuz. In pharma news, Novo Nordisk shares dive in the U.S. session despite the drug maker hiking its guidance due to investor fears over sales of its Wegovy fat loss pill. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

BP reports earnings amid continued price volatility and the company looks to market its North Sea assets. President Trump says talks with Iran have resumed despite Tehran denying the two sides are negotiating. Oil inches higher following a three-week low and President Trump slams IOCs for windfall profits in the sector and urges retail price cuts. The White House is due to host top A.I. company bosses later today to discuss cyber security as Palantir CEO Alex Karp attacks the leading labs over data protection.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil prices slump after President Trump announces new Iran talks are imminent, citing pressure from Gulf allies to hold off on a massive round of airstrikes. European and U.S. futures are in the green ahead of the first trading session of August. In Japan, the yen stabilises after U.S. and Japanese authorities confirm joint market intervention. Reports emerge of a $400bn mega-merger between AstraZeneca and Bristol Myers-Squibb which would potentially be one of the largest deals in the pharma sector ever. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Kospi rollercoaster continues - Korea's main stock index records its best day ever as SK Hynix and Samsung increase their valuations by more than a quarter. The Nasdaq breaks a 6-day losing streak as Microsoft adds the most to its market cap in a single day of any company, ever. Elsewhere, the Bank of England delivers its fifth hold in a row, with the MPC voting 6 to 3 to keep rates unchanged. And Italian defence giant Leonardo upgrades its profit and order forecasts for the year as new contracts surge 45-percent in the first half.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

American equities plummet and borrowing costs hit their highest in nearly two decades as investors find little to like in the Fed's fifth 'hold' in a row. But, Chairman Warsh hints that a hike could be on the way. Elsewhere, investors digest a mixed bag of tech earnings from across the pond. Microsoft's cloud growth accelerates at its fastest pace in nearly five years, but Meta takes a hit as Mark Zuckerberg doubles down on AI spending. And strong EV demand boosts Renault sales in the first half, as the French carmaker withstands pressure from its Chinese peers.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Dave Rubin of "The Rubin Report" talks about a reporter angering Zohran Mamdani at his city-run grocery store press conference by calmly pointing out the financial reality of his plan; CNN's Harry Enten sharing new polling data that should scare the Democratic establishment about the upcoming midterm elections, as more Americans think the party has gotten too liberal; Adam Carolla loving how much Gavin Newsom is plummeting in the polls for the 2028 election; "The View's" Ana Navarro and Alyssa Farah Griffin surprising Sunny Hostin with their support for voter ID laws like the ones contained in the SAVE Act; Senate Majority Leader John Thune explaining to Fox News' Sean Hannity why using the talking filibuster to pass the SAVE Act is a more dangerous way to pass the bill than most Republicans realize; Squawk Box's Joe Kernen grilling Scott Gottlieb about the revelations from Rand Paul's release of Anthony Fauci's diaries during the COVID-19 pandemic that reveal him to be obsessed with the media attention and fame; and much more. Today's Sponsors: Kalshi - Download the Kalshi app and use code RUBINREPORT to get up to $500 in bonus credits when you trade $25 or go to https://kalshi.com/r/RUBINREPORT. DISCLAIMER: 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves risk and may not be suitable for all investors. Prices, values, and available markets may differ from those mentioned. For more information see kalshi.com/regulatory Balance of Nature - Make sure you are getting all the positive effects from a wide variety of fruits and vegetables. Get 10% OFF the Whole Health System™ supplements when you use Discount Code: RUBIN. Go to https://BalanceofNature.com Monetary Gold- For twenty six years, Monetary Gold has been helping Americans find financial freedom through physical gold and silver. Visit http://Davelovesgold.com or call (800) 888-4096 for a one on one consultation. Disclaimer: Performance may vary, consult your tax or financial professional.

Another day, another circuit breaker on the Kospi: AI capex fears spill across Asian equity markets, on the back of a five-percent slump in Nvidia shares that sees Apple regain its crown as the world's most valuable public company. In other news, oil prices extend yesterday's declines amid hopes for some kind of resolution to the Iran conflict. LVMH gets a lift as sales inch higher in the second quarter, with US strength helping the company to shrug off weaker demand in Europe. And Mercedes-Benz sees a boost in second quarter operating profit but warns of intense competition and subdued demand in China.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil prices plunge as Iran reportedly says it will hold off on strikes as long as the US does the same, while Trump advisers fear over munitions supplies. Calming hostilities in the Middle East helps lift equity futures on both sides of the Atlantic - investors brace for a big week of corporate earnings and central bank decisions. Elsewhere, CXMT becomes the biggest China-listed company by total market cap in its blockbuster IPO - surging more than 500-percent in Shanghai. And French President Emmanuel Macron is set to hold a crisis cabinet meeting today, as hundreds of thousands of people are displaced as wildfires tear across France and Spain.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Middle East concerns push Brent to $100 a barrel while equity and debt markets see sell-offs on both sides of the Atlantic. European stocks suffer their biggest losses in a fortnight with German yields spiking to their highest level in 15 years. President Trump launches his latest round of tariffs with most major trading partners affected. Eu foreign policy chief Kaja Kallas has called the measures a ‘negative surprise'. German software giant SAP pares back its FY guidance but its cloud order backlog is up by 26 per cent. Meanwhile, VW shares are lower in pre-market sales after the car maker predicted 2026 sales to fall by 3 per cent.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alphabet shares pare back overnight as investors scrutinise its ever-increasing capex plans. Tesla is also down after missing on earnings while free cash flow turns negative. Elsewhere, Unicredit raises its outlook after posting a beat on both the top and bottom lines as CEO Andrea Orcel tells CNBC the bank is firing on all cylinders. And forex headwinds take a bite out of Roche's first half sales, but the Swiss drugmaker confirms its full-year targets.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

UK inflation data hits the tape - new Prime Minister Andy Burnham vows to practice fiscal discipline, scrapping VAT on electricity bills and facing calls to extend tax breaks for young workers. Elsewhere. three tankers carrying Saudi oil are forced to U-turn in the Red Sea amid Houthi threats, as a new front opens up in the US-Iran conflict. On the tech front, Samsung is reportedly in talks to invest up to 1 billion euros in French AI firm Mistral. And Santander says it's on track to meet its targets for the year after underlying net profit jumps by nearly a fifth amid higher revenues.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

New UK Prime Minister Andy Burnham pledges immediate action on the cost of living: scrapping VAT from electricity bills. That, after announcing John Healey as his surprise pick for Chancellor. Elsewhere, Yemen's Houthis impose a naval embargo on Saudi Arabia, while President Trump warns Iran "will pay" for the deaths of US soldiers. And Novartis reaffirms its guidance after beating on the top and bottom lines, with second quarter net sales coming in at almost 14-and-a-half billion dollars.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Andy Burnham is set to enter No. 10 later today to become the UK's fifth prime minister in 4 years. We are live at Downing Street for the latest. Brent crude surpasses $90 per barrel, up 2.9 per cent in session as the U.S. targets Iran for a ninth consecutive night. Three U.S. troops have been confirmed dead following Iranian retaliatory strikes in Jordan and Iraq. Ryanair posts a miss for the first quarter, down by more than a third on the year. Passenger revenue slumps and jet fuel spikes with prices trending lower in the current quarter. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Asian markets suffer a sell-off as jitters over the AI rally persist Stateside. The U.S. hits Iran for a sixth consecutive day, targeting bridges in the south while Tehran retaliates with a barrage of missile strikes at U.S. positions across the Gulf. The handover process of power within the UK Labour party begins today with Andy Burnham set to take over as Prime Minister on Monday.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Taiwanese chip giant TSMC smashes another record with an 80 per cent surge in Q2 net profits on the building wave of demand for its AI processors. Further exchanges of fire between the U.S. and Iran in the Persian Gulf could reportedly prompt President Trump to expand operations in the region. Trump remains confident the conflict can be concluded in the near future. Sterling hits a yearly high despite reports incoming prime minister Andy Burnham is set to make Shabana Mahmood Chancellor of the Exchequer as Sir Keir Starmer attends his final PMQs. UK GDP for May ekes out growth of 1.3 per cent year-on-year. However, May manufacturing is down by 1.8 per cent year-on-year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Dave Rubin of "The Rubin Report" talks about the "All-In Podcast's" Chamath Palihapitiya telling Squawk Box's Andrew Ross Sorkin about his red-pill moment, when he realized that the mainstream media had lied to the nation about who Donald Trump really was; Whitney Cummings telling Nitty Gritty Podcast host Natalie Friedman what Donald Trump whispered in her ear after she roasted him on Comedy Central's roast; UCSF Chancellor Dr. Sam Hawgood being cornered by Rep. Mary Miller and Rep. Bob Onder about what gender clinics are actually doing by prescribing puberty blockers and hormones to children; Border Czar Tom Homan telling Fox News' Griff Jenkins how the media is misinterpreting the suspension of ICE traffic stops after the ICE shooting of a man in Portland, Maine; Sara Gonzales confronting Thom Tillis about his position on the SAVE Act being determined by lobbyists; "The View's" Sunny Hostin doubling down on her fear of seeing American flags because she associates them with white supremacy; and much more. Today's Sponsors Chapter - Optimize the one piece of your health most people never audit: the Medicare coverage that pays for all of it. For free and unbiased Medicare help: Dial (332) 867-0207 or Go to: https://askchapter.org/rubin Chapter and its affiliates are not connected with or endorsed by any government entity or the federal Medicare program. Chapter Advisory, LLC represents Medicare Advantage HMO, PPO, and PFFS organizations and stand alone prescription drug plans that have a Medicare contract. Enrollment depends on the plan's contract renewal. While we have a database of every Medicare plan nationwide and can help you to search among all plans, we have contracts with many but not all plans. As a result, we do not offer every plan available in your area. Currently we represent 50 organizations which offer 18,160 products nationwide. We search and recommend all plans, even those we don't directly offer. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options. Monetary Gold- For twenty six years, Monetary Gold has been helping Americans find financial freedom through physical gold and silver. Visit http://Davelovesgold.com or call (800) 888-4096 for a one on one consultation. Disclaimer: Performance may vary, consult your tax or financial professional.

ASML smashes Q2 estimates and hikes its FY guidance as huge A.I. demand offsets disappointing performance in the Chinese market. President Trump reverses his call for fees on tankers leaving the Strait of Hormuz under U.S. naval protection following investment pledges from GCC nations as a means of compensation. U.S. CPI slows more than expected as energy prices fall. Newly appointed Federal Reserve Chairman Kevin Warsh makes his first Congressional appearance and promises to keep his position independent from the White House while bringing down inflation. In luxury news, Richemont enjoys a 20 per cent boost in sales, beating estimates from Q1 with strong growth seen across the Americas and Asia.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. and Iran trade strikes for a third consecutive night with President Trump declaring American forces are blockading the Strait of Hormuz and demanding a 20 per cent levy on all cargo. Trump says he remains positive on being able to reach a peace deal with Tehran. The renewed conflict pushes Brent to its biggest one-day surge since the Covid pandemic. The UK and Switzerland sign a services trade deal ahead of Rachel Reeves' last Mansion House speech under Keir Starmer's premiership. We speak top Trade Minister Chris Bryant who predicts the incoming Burnham government will seek ever-closer ties with the European Union.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crude prices rise as the U.S. and Iran exchange fire with both sides claiming control over the Strait of Hormuz. SK Hynix shares fall in Asian markets following the chip maker's $26bn U.S. ADR listing. Tech selling and Middle East uncertainty push Asian equities lower and trigger circuit-breakers on South Korea's KOSPI. European futures are also in the red following a four-day winning streak. Nippon Paints offers to buy Akzo Nobel's decorative paints arm for €7.5bn following a previous rebuttal for the Dulux-maker's entire business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Dave Rubin of "The Rubin Report" talks about Elon Musk's brutal response to Zohran Mamdani's 4th of July speech on America's 250th birthday, where he directly attacked America and Elon Musk; Argentina President Javier Milei revealing to Ciudad Magazine what he really thinks is behind leftists' denial of economic facts; Gavin Newsom telling Jack Cocchiarella why he welcomes the wave of Democratic Socialists coming into the Democratic Party, unaware that it will be establishment Democrats like himself who are targeted next; CNN's Dana Bash being surprised by Josh Shapiro being one of the few Democrats willing to mildly criticize Democratic Socialist Darializa Avila Chevalier; CNN's Harry Enten sharing new polling data that should scare the Democratic establishment about the upcoming midterm elections, as the rise of Democratic Socialists endangers Democrats' chances of retaking the House; Donald Trump telling Squawk Box's Joe Kernen why the SAVE Act and voter ID are the most important pieces of legislation in the country right now; and much more. Today's Sponsors: Plaud- Stay informed without drowning in content. Plaud helps turn long interviews, podcasts, and discussions into searchable notes and summaries in seconds. Use code RUBIN for up to 20% OFF Go to: https://Plaud.ai/rubin Shopify - Turn your big business idea into money with Shopify on your side. Go to Shopify and sign up for your one-dollar-per-month trial and start selling today at Go to: http://shopify.com/rubin Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!

Dave Rubin of "The Rubin Report" talks about "The View's" Sara Haines' tense showdown with Sunny Hostin and Joy Behar over the danger of Democrats supporting far-left extremist candidates like Democrat Socialist Darializa Avila Chevalier, who won her election after being endorsed by Zohran Mamdani; CNN's Abby Phillip having her attempt to compare the extreme rhetoric of Democrat Socialists like Darializa Avila Chevalier to Donald Trump blow up in her face after Scott Jennings brought receipts of how dangerous these candidates really are; Donald Trump telling Fox News' Peter Doocy his reaction to Zohran Mamdani having more power over Democratic voters than Hakeem Jeffries; MSNOW's Ali Velshi asking Darializa Avila Chevalier if she is a communist; Squawk Box's Joe Kernen trying to get Senator Lisa Blunt Rochester to name one place where socialism has worked; Senator Tommy Tuberville revealing to Fox News' Martha MacCallum what really happened behind closed doors when Donald Trump backed away from signing the 21st Century Road to Housing Bill and ripped into Republicans for not getting the SAVE Act passed; and much more. Dave also hosts a special "ask me anything" question-and-answer session on a wide range of topics, answering questions from the Rubin Report Locals community. To celebrate Dave's birthday, we're giving you 50% OFF Copal from now through June 26. Don't miss this gift: https://drinkcopal.com/products/reposado WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Relief Factor - Relief Factor is an alternative to help your body's natural inflammatory response so you can keep doing the things you love. Try Relief Factor's 3-Week QuickStart—just $17.76.  Go to: https://www.relieffactor.com or call 800-4-RELIEF. Angel Studios - Choose entertainment that is focused on stories about perseverance and real human experiences. If you go premium, you'll get 2 free tickets to see Young Washington in theaters this Independence Day, and be part of making this film the #1 movie in America for our nation's 250th birthday. Go to: http://Angel.com/rubin Prolon- Prolon's Fasting Mimicking Diet is a revolutionary, plant-based nutrition program that nourishes the body while keeping it in a fasting state. Prolon is offering 15% off their 5-day nutrition program for your post-holiday glow-up. Go to: http://ProlonLife.com/DAVE Shopify - Turn your big business idea into money with Shopify on your side. Go to Shopify and sign up for your one-dollar-per-month trial and start selling today at Go to: http://shopify.com/rubin Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!

Dave Rubin of "The Rubin Report" talks about Scott Jennings surprising CNN's Anderson Cooper with his dire warning for Republicans and Democrats about the victories of Zohran Mamdani-endorsed candidates like Darializa Avila Chevalier, Claire Valdez, and Brad Lander, and how the Democratic Socialists are beginning to take over the Democratic Party; Scott Jennings explaining how Jewish Democrat Dan Goldman, who was banned from a coffee shop for supporting Israel, was defeated by Brad Lander, providing more evidence of the growing antisemitism within the Democratic Party; Democrat leader Hakeem Jeffries being caught not knowing how to handle the rising threat of socialism within the Democratic Party; Nick Shirley's tense confrontation with a criminal who had previously assaulted his cameraman, whom the NYPD didn't even bother to arrest; Joe Rogan pointing out the connection between huge anti-ICE protests and the Somali fraud scandal in Minnesota to Taylor Sheridan; Rand Paul explaining to Squawk Box's Joe Kernen why new evidence clearly shows that Dr. Anthony Fauci lied under oath to Congress; and much more. To celebrate Dave's birthday, we're giving you 50% OFF Copal from now through June 26. Don't miss this gift: https://drinkcopal.com/products/reposado WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/ ---------- Today's Sponsors: Plaud- Stay informed without drowning in content. Plaud helps turn long interviews, podcasts, and discussions into searchable notes and summaries in seconds. Use code RUBIN for up to 20% OFF (Prime Day limited offer). Go to: https://Plaud.ai/rubin Gaia- Gaia is a streaming service dedicated to the evolution of consciousness, featuring videos on disclosure, ancient wisdom, and the nature of reality. Go to: https://www.gaia.com/lp/disclosure-tr...  Rumble Wallet - Don't let the big banks freeze your accounts. Own Tether Gold - real gold, on the blockchain and get direct ownership of physical gold bars, each one fully allocated, verifiable by serial number, purity, and weight. Download Rumble Wallet - now with USA₮ - and step away from the big banks — for good!  Go to: https://rumblewallet.onelink.me/bJsX/... CBDistillery.com- Struggling with poor sleep or aches and pains? Take the advice of our over 2 million satisfied customers. Use CBD after physical activity for reductions in stress and pain.  Go to http://cbdistillery.com and use code RUMBLE to save up to 25%!

Dave Rubin of "The Rubin Report" talks about Jeff Bezos shocking "Squawk Box's" Andrew Ross Sorkin with his brutally honest takedown of the tax policies of Zohran Mamdani and other Democratic Socialists who think they can improve the lives of the middle class with simple tax the rich policies; Jeff Bezos responding directly to Alexandria Ocasio-Cortez with some basic facts and math about how to become a billionaire; shocking footage of a wave of "teen takeovers" at multiple major cities where cops were helpless to stop the wave of youth crime; Nick Shirley telling Fox News' Will Cain why the walls are closing in on Ilhan Omar for her involvement in the widespread Minnesota fraud scandal in the Somali community; Acting Attorney General Todd Blanche getting a stunning crowd reaction in Miami when announcing the indictment of Raul Castro for the murder of the members of Brothers to the Rescue in 1996; Byron Donalds exposing of the hypocrisy of Democrats to the oppression of the Cuban people under communist rule; and much more. Dave also hosts a special "ask me anything" question-and-answer session on a wide range of topics, answering questions from the Rubin Report Locals community.   Today's Sponsors: Polymarket -Go to http://polymarket.com to trade on the outcomes of live events from politics, pop culture, to sports and more!

Dave Rubin of "The Rubin Report" talks about Zohran Mamdani and Kathy Hochul quietly widening the net of who will be targeted by Mamdani's "tax the rich" plans by changing his controversial pied-à-terre tax from targeting homes worth $5 million to $1 million; Adam Carolla telling Robert F. Kennedy Jr. Gavin Newsom's most insane hypocrisy; the shocking appearance of Mark Cuban on stage with Donald Trump to promote TrumpRx to lower drug prices and prescription medication costs; Ro Khanna being unable to refute Squawk Box's Joe Kernen proving how Barack Obama's Iran nuclear deal backfired and grew Iran's nuclear program; CNN's Harry Enten sharing new polling data that should scare Thomas Massie about his challenge from Donald Trump endorsed Ed Gallrein; Elon Musk's first reaction to losing his lawsuit against Sam Altman concerning OpenAI and what he plans to do next; and much more. Join me for a LIVE Event with Governor Ron DeSantis, plus special appearances by Ben Shapiro, Jillian Michaels, and Adam Carolla on June 11th! Get Tickets Here: https://daverubin.com/events WATCH the MEMBER-EXCLUSIVE segment of the show here: https://rubinreport.locals.com/ Check out the NEW RUBIN REPORT MERCH here: https://daverubin.store/