An Exclusive Conversation With Alphabet CEO Sundar Pichai: Discussing Free Speech, Digital Privacy, TikTok’s Rise and More - 5/12/22

TechCheck

CNBC

Tech, Cnbc, Disruptors, Business, Faang, Management, Technology, Investing

4.5 • 66 Ratings

🗓️ 12 May 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our anchors begin today’s show breaking down the massive intraday swings in tech stocks, meme stocks and crypto with CNBC’s Mike Santoli. Then, we share highlights from our exclusive interview with Alphabet CEO Sundar Pichai, discussing the impact of inflation, free speech online, the digital privacy landscape and more. Next, our Julia Boorstin reports on Disney’s latest earnings, and CNBC’s Dom Chu analyzes the decline of Apple’s stock after losing its title as the world’s most valuable company. Later, CNBC’s Kate Rooney covers the continued volatility in cryptocurrency and stablecoins, and we circle back to our conversation with Alphabet’s Sundar Pichai to hear his thoughts on TikTok as a competitor to YouTube. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	I'm Dear Jrabosa, and you're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in.
0:11.3	Good Thursday morning. Welcome to Tech Check. I'm Carl Kinteneer with Dear Grubosa and John Ford.
0:15.8	Today, tech and the NASDAQ continue to search for a bottle. We'll talk about some buying opportunities as Bitcoin touches 25K. Speaking of tech that's taken a breather, this hour a deep dive
0:26.9	on Alphabet. You're not going to want to miss D's exclusive with CEO Sundar Pichai. We're talking
0:32.2	recession risk, whether the economy has seen peak inflation, plus how the company's dealing
0:37.2	with regulation
0:37.8	and a lot more. All of that is coming up in a few minutes. Yep, we're going to start with the
0:42.7	selling in tech and crypto. Strange volatile day today. The NASDAQ was down more than a percent
0:49.4	and a half before climbing up into the green, now up by more than a percent.
0:55.0	Meme stocks like GameStop and AMC, GameStop up 20 percent, AMC up 14.
1:01.9	Bitcoin trying to climb out of a hole, trying to regain 30K with other crypto still down.
1:06.8	Here to discuss it all, CNBC senior markets commentator, Mike Santoli.
1:10.7	Hey, Mike. Hey, Mike.
1:11.8	Hey, John. Yeah, you know, that litany that you just went through there represents a lot of, I think,
1:16.7	psychological round number levels that were breached to the downside. And it's been such a one-way
1:21.4	market that at least tactically, in the very short term, the fastest moving traders said,
1:26.0	does it really make sense to get further greedy on the downside, at least for the moment?
1:29.9	S&P 500 gets the 19.5% drop from the peak. Nasdaq to a 30% decline. You had AMC go into the single digit prices at GameStop below 100 and all these things that seem like, you know, we're gathering up the extremes.
1:44.3	I don't think you want to necessarily infer too much more from the action than that, except that it
1:49.4	has been pretty much a shutout being pitched by the bears. And so it seems hard to believe
1:56.7	that's going to go on for too much longer in a straight line, but a little bit of relief,
2:00.5	at least for the while. Also, little bit of relief, at least,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.