Gauging Democrats, Merging Media, & Glass Riding an AI Wave 07/08/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 8 July 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s a pivotal week for President Joe Biden, as calls for him to step aside mount within the Democratic Party. Biden says he will not back down, and Axios’s Mike Allen says, the lawmaker conversations behind closed doors are more drastic than those making the headlines. After two deadly crashes and multiple quality control issues, Boeing has agreed to plead guilty to a criminal fraud charge that makes the aerospace giant a felon. Paramount Global and Skydance will merge–unless Paramount can find another suitor in the next 45 days, and CNBC’s Steve Kovach explains the EU’s regulatory agenda for big tech. Plus, shares of Corning Glass are soaring. In a rare interview, CEO Wendell Weeks explains how a 173-year-old glass company went from making light bulbs to riding the AI and cloud computing wave. Mike Allen - 14:46 Wendell Weeks - 26:18 In this episode: Mike Allen, @mikeallen Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer, today on Squack Pod.
0:08.0	A critical historically important week for the president.
0:12.0	I tell you what, Dark Brandon is coming back.
0:15.2	He's here.
0:15.5	As calls for Joe Biden to step aside from running for re-election
0:22.8	intensify in his own party.
0:24.9	Axios is Mike Allen joins us.
0:27.0	How bad the public conversation is for President Biden.
0:31.2	I can tell you the behind the scenes it's worse.
0:34.0	And the AI tailwinds that are picking up a 173 year old company, Corn and Glass,
0:40.0	CEO Wendell Weeks in a rare interview explaining his role in our newest technology.
0:45.2	We're the connectivity that brings the hardware to life.
0:50.0	Those stories plus Paramount has a love match, maybe for now, the EU's tight grip on Big Tech,
0:56.4	and Boeing agrees to plead guilty to a felony charge for deadly crashes.
1:00.8	We have seen the first roach, then second roach, then a bunch of roach, and just non-stop.
1:08.0	Is this the last roach, do you think?
1:10.3	I hope.
1:11.3	It's Monday, July 8th, 2024, Squack Pod begins right now.
1:16.2	Stand Becky by in three, two, one, queue please.
1:20.3	Good morning everybody. Welcome to Squawk Box right here on
1:24.4	CMBC. We're live from the NASDAQ market side in Times Square. I'm Becky
	...

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