Apple’s Warning; Coronavirus Currency; The Democrats’ New Debater

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 18 February 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple is warning that the coronavirus might impact its revenue, and other major American companies like Walmart may also see financial fallout. Moody’s retail analyst Charlie O’Shea examines Walmart’s disappointing quarterly report and what might be next for the retail giant. Mayor Mike Bloomberg made the cut for tomorrow’s Democratic debate in Las Vegas, and Andrew Ross Sorkin takes time off from his day off to share the details on Bloomberg’s plan to change how the financial industry is regulated. Senior Director of the NYC Health and Hospitals Special Pathogens Program Dr. Syra Madad says we’re about a year away from an effective vaccine for the coronavirus; she explains what’s needed to contain the outbreak. CNBC’s Beijing Bureau Chief Eunice Yoon has details on China’s Central Bank’s plan to sanitize—and in some cases destroy—currency that may carry the coronavirus. Plus, if you have questions for Warren Buffett, the Oracle of Omaha and legendary investor, tweet them @SquawkCNBC and tag #AskWarren. Warren Buffett himself will be answering questions from the Squawk audiences on Monday, February 24th.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Corona virus concerns hitting America's most valuable company, but is Apple the only one with financial fallout?
0:26.2	I think market watchers immediately started crunching through every other company that could possibly have similar problems.
0:33.0	It'd be nice to know now.
0:34.8	And the health concerns of an outbreak
0:36.9	we'll hear from the New York doctor
0:38.4	at the heart of protecting city hospitals
0:40.5	from infectious disease.
0:41.8	I think we're still at least perhaps a year out from an actual effective vaccine.
0:46.6	Prop bets for politics.
0:48.0	The founder of Predicted explains why wagers on the 2020 candidates might be a good indicator for November.
0:54.0	Markets are really, which predicted is, are really efficient at distilling risk and value into
1:00.5	odds and price and much more so than pulling.
1:04.0	Those stories and plenty more.
1:06.0	Walmart disappoints and billionaires and their big talk.
1:10.0	I'm C. M. B.C. producer Katie Kramer, it's Tuesday, February 18th, 2020. M. C. C. C. C. C. M. 2020.
1:15.0	Squack Pod begins right now.
1:17.0	Stand by Joe.
1:18.0	And three, two, one.
	...

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