28 min listen
Twitter vs. Musk; Jobs Friday Surprise; GameStop Power Plays 7/8/22
FromSquawk Pod
ratings:
Length:
24 minutes
Released:
Jul 8, 2022
Format:
Podcast episode
Description
Some recession we’re having, huh? A surprisingly positive jobs report for the month of June may defy fears of a looming economic slowdown. Payrolls increased by 372,000 jobs, above expectations. CNBC’s Steve Liesman and SoFi Head of Investment Strategy Liz Young discuss the robust labor market with Joe Kernen and Melissa Lee. Elon Musk and Twitter are still dancing around a possible deal; The Washington Post reports that Musk’s proposed $44B bid to buy the social media platform could be in jeopardy. Axios’ Sara Fischer and Cowan merger strategist Aaron Glick say that Twitter’s board is the one that could be flexing its power – Musk faces a billion-dollar break-up fee if he walks away. And, the latest from the mother of meme stocks: GameStop’s latest move to reinvent the brick and mortar video game retailer puts its CFO and other corporate employees out of jobs. In this episode:Sara Fischer, @SaraFischerSteve Liesman, @SteveLiesmanLiz Young, @LizYoungStratJoe Kernen, @JoeSquawkMelissa Lee @MelissaLeeCNBCKatie Kramer, @Kramer_Katie
Released:
Jul 8, 2022
Format:
Podcast episode
Titles in the series (100)
Musk vs. California; Virgin Galactic Chairman; Crypto & Covid: Virgin Galactic Chairman, Social Capital founder, Facebook alumnus, and outspoken investor Chamath Palihapitiya weighs in on Tesla and its famed founder, the Fed’s controversial moves, and roles governments and businesses should play during a pandemic. Plus, bestselling author Ben Mezrich has teamed up with The Boston Globe in his newest work, a slow-release novella available chapter by chapter throughout May. The writer behind “The Social Network,” “Bitcoin Billionaires,” and “Q,” a 2015 book about a pandemic forcing New York City into quarantine speaks to our new world of crypto-investing, streaming, and staying home. by Squawk Pod