Kalshi CEO on Super Bowl Wins & NYC Housing Affordability 2/10/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 10 February 2026

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Kalshi won big on Super Bowl Sunday, hosting over $1 billion in trading volumes. CEO and co-founder Tarek Mansour discusses prediction markets, insider trading concerns, and market surveillance. President Trump’s effort to limit institutional investors buying single family homes has run into snags on Capitol Hill. RXR Chairman and CEO Scott Rechler discusses the initiative, affordable housing, and NYC’s uptick in office leasing and luxury home sales. In the latest reports on big tech’s AI capital expenditures, Google parent Alphabet is looking to fund its AI spending by selling rare 100-year bonds. President Trump is reportedly aiming to get big tech firms to make a voluntary pact on data centers and energy. The President is also aiming to repeal the Obama-era legal basis for federal greenhouse gas regulation. Scott Rechler - 13:11 Tarek Mansour - 27:55 In this episode: Tarek Mansour, @mansourtarek_ Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:04.3	This is Squawk Pod, and I'm CNBC producer Cameron Costa.
0:08.4	On today's episode, one of the biggest winners of the Super Bowl, maybe prediction market, Kalshi.
0:15.9	Over $1 billion in trading volume on that platform on that Sunday alone.
0:21.4	Co-founder and CEO Tarek Mansour joins us.
0:24.7	Kalsha was the biggest brand of the Super Bowl this year without running a Super Bowl ad.
0:29.4	But first, New York's best quarter for office leasing in years.
0:34.0	And luxury housing sales, they're up too.
0:36.5	RXR's Scott Rekler on Big Apple Betts and
0:39.9	the new mayoral administration. The facts are saying people and companies believe in New York,
0:45.8	investing in New York, and aren't afraid. Plus, President Trump's effort to limit institutional
0:51.5	investors buying single-family homes hits snags on Capitol Hill,
0:56.4	and tech giants like Alphabet and Amazon are ramping up their AI spend.
1:01.2	You wonder if the spending is going to be quite this high or if this is a high water
1:04.8	market then comes back down.
1:06.2	If they think that they're building data centers in space, the spending is not stopping
1:10.2	anytime soon.
1:11.6	It's Tuesday, February 10th, and Squawk Pod begins right now.
1:16.6	Stand Becky by in three, two, one.
1:19.6	Cuea, please.
1:21.6	Good morning, everybody.
1:23.6	Welcome to Squawk Box right here on CNBC.
	...

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.