An early backer of Facebook and Netflix, Philippe Laffont is known as the founder of famed hedge fund Coatue. In an exclusive and rare interview, Laffont explains his investment strategy through the entire life cycle of companies. He shares his optimism for technological innovation and his belief that AI-prompted changes in business will eventually yield a new era of entrepreneurship and profits. Plus, President Trump is at the NATO summit, CNBC contributor and former Democrat politician Michelle Caruso-Cabrera discusses Zohran Mamdani’s victory in the NYC mayoral primary, and Alex Rodriguez is now part owner of the Minnesota Timberwolves in a deal long in the making. 

Michelle Caruso-Cabrera – 6:24

Philippe Laffont - 20:04

In this episode:

Michelle Caruso-Cabrera, @MCaruso_Cabrera

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie