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Twitter vs. Musk; Jobs Friday Surprise; GameStop Power Plays 7/8/22

Twitter vs. Musk; Jobs Friday Surprise; GameStop Power Plays 7/8/22

FromSquawk Pod


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)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.