A Boost for J&J; Tim Cook’s 10 Years at Apple; Meme Stocks Surging

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 25 August 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Johnson & Johnson announced that it has enough data to support administering a booster dose of the Covid-19 vaccine. Following the announcement, the CDC tweeted that they need more data and information before recommending a booster dose from J&J. CNBC’s Meg Tirrell reports on the new research supporting the booster. Tim Cook was named CEO of Apple 10 years ago. He took over Apple at a turbulent time when Jobs was battling pancreatic cancer and the company's future seemed uncertain. Toni Sacconaghi, Bernstein senior research analyst and longtime Apple watcher, discusses Apple’s last decade under CEO Tim Cook’s leadership and the company’s legacy. As more and more companies institute a variation of vaccine mandates, former EY Chairman and CEO Mark Weinberger discusses the risks and nuances of requiring vaccinations for employees. Plus, Democrats compromise for Biden’s economic agenda, and meme stock mania is back!

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm C. NBC producer Katie Kramer.
0:08.0	Today on our podcast,
0:10.0	10 years of Tim Cook in a decade as CEO Apple's stock up 1,200 percent, Tech Watcher Tony Saginaki.
0:18.0	When Tim Cook took over, that was the real question.
0:22.0	In a post-Steve Jobs jobs era can Apple continue to enjoy
0:24.9	success the numbers have been tremendous and vaccine mandates they're all
0:29.8	over and they're all different former EY CEO Mark Weinberger.
0:34.0	Everybody who comes in and says an employer should absolutely not mandate
0:37.0	because it's our right not to have to get it doesn't understand the risks and nuances.
0:41.0	Every business is different.
0:42.0	Even the mandates that you're talking about are
0:44.2	different. Those stories today, but first Johnson and Johnson is out with some
0:48.6	promising news about its COVID vaccine booster. House Democrats compromise
0:52.4	for Biden's economic agenda.
0:54.5	And meme stock mania, it's back.
0:57.2	Is it mimi?
0:58.2	It's meme.
0:58.6	I like mimi because it's all about man.
1:00.5	If it ever left.
1:02.0	It's Wednesday, August 25th, 2021. Just one more day till National
	...

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