China’s Plans, Georgia’s Polls, Palantir’s Co-Founder, & Sowing Oatly: Planning a Debut

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 6 January 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As Georgia’s final runoff votes are counted, Joe Lonsdale, Palantir co-founder and 8VC founding partner, considers how the state’s races are impacting market volatility. Lonsdale discusses Peloton, Netflix, and other tech stocks on the move as we kick off 2021. Former Fed Governor Kevin Warsh has written a new WSJ op-ed on China’s bid for financial supremacy after President Donald Trump signed an executive order banning transactions with eight Chinese software applications. Warsh says the U.S. should not be “naive about what’s happening” with China. Plus, Vegan milk brand Oatly is reportedly aiming for a $1 billion IPO this year, and cheers--it’s Joe Kernen’s birthday.

Transcript

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0:00.0	This is Guacapod. I'm C. NBC producer Katie Kramer. Today on our podcast,
0:07.0	results in Georgia and relations with China with former Fed Governor Kevin Worsch.
0:12.0	I don't think we should be too naive about what's happening.
0:14.8	This is a rivalry that will define our economy theirs and frankly war in peace
0:19.2	over the course of the next generation.
0:21.6	Palantere co-founder and 8 VC founding partner Joe Lonsdale on American politics
0:26.8	and the big tech crackdown around the globe.
0:29.4	There's a popular movement on both the right and the left come after the big tech companies.
0:33.0	Plus got oat milk, vegan brand Oatley is gearing up for a public market debut.
0:39.0	The dude loves his white Russian. I mean it you got to use some milk for that or cream.
0:44.0	It's Wednesday January 6th 2021 squawk pod begins right now.
0:50.0	Good morning and welcome to Squawk Box here on
0:53.5	CNBC. I'm Joe Kernan along with Becky Quick and Andrew Ross
0:57.8	Sorkin and Becky I kind of stole your shot. You haven't really noticed, I don't think. I got your flag back there.
1:05.0	I noticed. I noticed. It looks great.
1:07.0	You're gone as soon as we're back.
1:10.0	You can have it temporarily. I don't think so. The cat's away. That's what I'm told.
1:15.0	My U.S. No, no, that's what I'm told. I'm not, I'm never moving back. If you snooze, you lose, Beck, I mean, we're welcome here any time.
1:22.0	I've been back here since April not coming to
1:24.4	your germs only if you wear a mask kooties anyway
1:29.2	President Trump signed an executive order late yesterday banning transactions with eight Chinese software companies
1:34.9	including Giants WeeChap Pay and Ali Pay from Alibaba.
	...

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