A NATO Summit in Turkey, Tilly Norwood, & World Cup Wagering 7/7/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 7 July 2026

⏱️ 33 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

President Trump has arrived in Turkey for the NATO summit, and Senator Chris Coons (D-DE) is also in Ankara with the U.S. delegation. Sen. Coons discusses the goals for the U.S. and its allies at the summit. Former New Jersey Governor Chris Christie is now a strategic advisor to the American Gaming Association, and he’s zeroing in on the differences between legal sports betting and prediction markets as wagers mount for the World Cup. Plus, the U.S. is officially out of the World Cup after a defeat to Belgium, AI ‘actor’ Tilly Norwood will star in a feature-length film, and China’s DeepSeek is reportedly developing its own semiconductor chip. Senator Chris Coons - 16:50 Chris Christie - 27:44 In this episode: Sen. Chris Coons, @ChrisCoons Chris Christie, @GovChristie Joe Kernen, @JoeSquawk Kelly Evans, @KellyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.2	Today on Squawk Pod.
0:10.0	A NATO summit begins as oil prices edge higher and Ukraine hits Russia's largest oil refinery.
0:16.8	We're going to talk about it until you wish we weren't talking about it today.
0:19.9	Senator Chris Coons joins us from the U.S. delegation in Turkey.
0:23.6	And my hope is that we'll come out of here with a strong and united NATO statement of purpose
0:28.9	about defending Ukraine and seeing greater European contributions and coordination for our common defense.
0:36.7	The rise in betting and prediction markets as a moneymaker.
0:41.0	Chris Christie, a former governor, now advising the traditional gaming industry.
0:45.5	They're out there marketing to 18-year-olds, telling them this is an investment.
0:50.0	You know, betting is not an investment. It's betting.
0:53.5	Plus, the end of the road for Americans in the beautiful game.
0:58.0	We lost 4 to 1.
0:59.2	You could have had 10 of these guys.
1:01.7	It's Tuesday, July 7th, 2026.
1:04.8	Squawk Pod begins right now.
1:07.5	Stand by Joe, and 3, 2, one is Mike. Kew.
1:13.1	Good morning and welcome to Swackbox here on CNBC live from the NASDAQ market site in Times Square. I'm Joe Kernan, along with Kelly Evans. It's just us. Kelly, you ready for this?
1:24.4	I'm ready as ready as you can be. Early signs point to know. Early signs. It's a shocker for you, but even if you do do it every day, it doesn't get that much better. That's why. You know, you have good days and bad days. I go, what they have to do it every day? Right. Tomorrow will probably peak discomfort for you. And it's hump day on top of everything else. And President Trump is on
1:45.7	his way to the NATO summit in Turkey A. Is that how you're supposed to say it? Turkey A. During the
1:52.0	World Cup, one of the few things, in addition to learning that we might not be ready for prime time
	...

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