Exxon Mobil’s CEO & Twitter vs. X vs. Threads 7/28/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 28 July 2023

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a CNBC exclusive interview, Exxon Mobil chairman and CEO Darren Woods discusses the company’s quarterly earnings results, which posted an earnings miss but a beat on revenue, rest of the year outlook, and how oil giants fit into the sustainability agenda.Rich Greenfield, LightShed Partners co-founder, discusses Elon Musk’s Twitter rebrand, whether it’s the right gamble financially, and the state of Meta’s Threads app. Plus, Intel’s executives discussed AI on the company’s quarterly conference call, Twisted Tea is making a comeback, and a Wall Street Journal report about the government’s relationship to social media companies has Joe Kernen, Becky Quick, and Andrew Ross Sorkin ‘squawking.’ In this episode: Rich Greenfield, @RichLightShed Darren Woods, @exxonmobil Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod and I'm CNVC producer Cameron Costa.
0:08.0	On today's episode, ExxonMobil CEO Darren Woods, how the energy giants matter in plans for going green.
0:18.0	If you look at the world's ambitions to reduce emissions and what's going to be required to achieve that.
0:23.9	Our industry, the oil and gas industry, it's essential that we're part of the equation.
0:28.6	We've got to find a way to reduce emissions.
0:31.9	And Elon Musk's many, many ambitions and his many, many tweets,
0:38.6	media expert Rich Greenfield.
0:40.8	It's always great to have a CEO that tweets.
0:42.7	I think that's important.
0:44.2	I think the topics that Elon tends to tweet on, though, do sort of raise sort of questions
0:49.7	for advertisers and I think creates extra work.
0:53.0	Those conversations, plus more earnings, news in booze, and big tech bowing to Washington,
1:01.1	the Wall Street Journal report that got us squocking.
1:04.0	No matter who you are, if you want to call up a social media company, if Facebook's wants to
1:07.9	listen to the Biden administration, that's on Facebook, that's on Twitter.
1:12.2	It's July 28th. It is Friday. Friday let me repeat that.
1:17.6	Friday. Friday. Friday. And Squack pod begins right now.
1:22.8	Stand Becky by in three, two, one, queue please.
1:27.4	Good morning.
1:28.2	Welcome to Squack Box here on see NBC,
1:30.4	live from the Nasdaq market site in Times Square.
	...

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