OpenAI CEO Sam Altman was ousted from his role by his own board, and he was promptly hired by Microsoft in a tumultuous weekend for tech. Internally at OpenAI, employees have reportedly threatened to follow Altman, requesting resignations from the OpenAI board, and externally, investors and news outlets are following the drama at one of the highest profile companies pushing AI forward. Also in tech, Elon Musk is in hot water with his biggest advertisers, including Disney and Apple, over antisemitic content and Musk’s own posts on X. Julia Boorstin breaks down the timeline of X posts, retweets, antisemitic accusations, and big advertiser backlash that colored the weekend. CEO of the Anti-Defamation League Jonathan Greenblatt discusses his own personal conversations with Elon Musk, including his advice to protect the Jewish community on and off of Musk’s platform. Plus, President Biden and Treasury Secretary Janet Yellen have finished their latest meetings with China’s President Xi and Vice Premier He, respectively. Yellen shares her takeaways from those meetings, including how both the U.S. and China plan to keep an open dialogue about AI. As inflation continues to pressure American consumers, Secretary Yellen considers the progress of the fight against inflation and the state of the U.S. economy. 

 

Janet Yellen - 13:11

Jonathan Greenblatt - 30:01

 

In this episode:

Julia Boorstin, @JBoorstin

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie

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Ray Dalio, founder of Bridgewater Associates, says the U.S. and China have entered an environment of fierce competition. The billionaire investment mentor delves into U.S.-China relations, China's military agenda, social media influence, the economy, Treasury yields, A.I. impact, and more. Becky Quick sits down with Berkshire Hathaway Vice Chair Charlie Munger in response to a ProPublica report on Warren Buffett's stock trades. Plus, videos on TikTok regarding Osama Bin Laden's criticism of the U.S. have gone viral. And Taylor Swift lyrics take over Wall Street.

 

Ray Dalio, @RayDalio

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Zach Vallese, @zachvallese

 

Ray Dalio - 13:51

Charlie Munger - 35:18

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House Minority Leader Rep. Hakeem Jeffries shares insights on the recently passed short-term funding bill, what's at stake in the next round of spending talks on Capitol Hill, and the potential for bipartisan collaboration in Congress. Plus, the Property Brothers, Drew and Jonathan Scott, delve into the challenge of rising housing costs, offer renovation tips, and explore strategies for creating a more sustainable and improved home. In other news, New York City takes legal action against Pepsi, while Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise.

 

Hakeem Jeffries - 14:43

Drew and Jonathan Scott - 23:41

 

Drew Scott, @MrDrewScott

Jonathan Scott, @jonathanscott

Rep. Hakeem Jeffries, @RepJeffries

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Zach Vallese, @zachvallese

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Nikki Haley, former U.S. ambassador to the UN, former governor of South Carolina and 2024 presidential candidate, discusses the state of the 2024 presidential race, why she believes she can be a viable alternative to former president Donald Trump, whether she would accept a hypothetical offer to be his VP pick, and more. Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation surge may have passed. Wall Street also had its eyes on Washington as the House of Representatives passed a bill to avert a government shutdown. Plus, CNBC’s Robert Frank reports on Wall Street bonuses.

In this episode:
Nikki Haley, @NikkiHaley

Robert Frank, @robtfrank
Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Melissa Lee, @MelissaLeeCNBC

Zach Vallese, @zachvallese

 

Nikki Haley - 10:48

Robert Frank - 32:42

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On today’s super-sized episode, October's inflation remained unchanged, hinting at a possible easing of high prices in the U.S. economy. House Speaker Rep. Mike Johnson discusses Capitol Hill negotiations to avert a government shutdown and the 2024 presidential election. Meanwhile, Cathie Wood, ARK Invest CEO, covers ARK Invest's new ETFs, SEC approval of bitcoin ETFs, and broader topics like autonomous driving and Tesla. Plus, Starbucks unionized workers are planning a walkout on “red cup day”, and XRP drops after news of a fake BlackRock-managed XRP ETF.

In this episode:
Cathie Wood, @CathieDWood

Mike Johnson, @SpeakerJohnson

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Melissa Lee, @MelissaLeeCNBC

Zach Vallese, @zachvallese

 

Cathie Wood 10:10

Mike Johnson 29:10

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After Moody’s revised its outlook for the United States government from stable to negative, investors are watching the Federal Reserve to see where it will take rates next. Former Kansas City Fed President Esther George share’s her thoughts on the Fed's decision to keep their options open on rate hikes and her observations on signs of economic cooling. Plus, Novo Nordisk’s weight loss drug Wegovy cut the risk of serious cardiovascular complications in people with obesity and heart disease. Dr. Angela Fitch, Chief Medical Officer of Knownwell and President of the Obesity Medicine Association, joins to delve into the latest study on Wegovy, exploring its implications for the obesity epidemic in the U.S., and more.

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CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. Stick around for a special interview with CNBC’s DJ Sixsmith on Sherman’s in-depth story about Disney’s succession drama. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

for information about our collection and use of personal data for

advertising.

CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. To read the full article go to https://cnb.cx/3Pr3kEd Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

for information about our collection and use of personal data for

advertising.

At the 30th annual Baron Investment Conference, billionaire buy-and-hold investor Ron Baron explains why 10% of his portfolio is Tesla stock, and 4% is SpaceX. He’s Elon Musk’s biggest bull, and he shares his excitement about the “railroad to space” SpaceX is planning to build. A long-term investor and optimist, Baron explains why he has never owned a bond, and why he invests as much as he can, whenever he can. Plus, Senator Joe Manchin (D-WV) is not seeking reelection, which has sparked speculation that he may be readying himself for a Presidential bid. 

 

Ron Baron - 10:35, 26:46

 

In this episode:

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Melissa Lee, @MelissaLeeCNBC

Katie Kramer, @Kramer_Katie

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Senators Joe Manchin (D-West Virginia) and Mitt Romney (R-Utah) have proposed their Fiscal Stability Act, as the deadline to avert a government shutdown approaches. The bipartisan colleagues discuss the government debt crisis, as well as leadership in both parties in the 2024 election cycle. CNBC Julia Boorstin interviewed Disney CEO Bob Iger after the entertainment giant reported its Q4 results. She shares highlights from the conversation and the significance of SAG-AFTRA’s tentative agreement with Hollywood, ending the industry’s strike. Plus, Eli Lilly’s weight loss drug has been approved by the FDA, and America is digesting the third Republican Presidential debate. 

 

Julia Boorstin - 8:52

Senators Joe Manchin & Mitt Romney - 16:47

 

In this episode:

Joe Manchin, @Sen_JoeManchin

Mitt Romey, @MittRomney

Julia Boorstin, @JBoorstin

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie

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