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Squawk Pod

Mark Cuban: Billionaire Investor & Harris Campaigner 10/21/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 21 October 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Billionaire investor Mark Cuban hit the campaign trail for Vice President Kamala Harris this weekend in battleground states Arizona and Michigan, while fellow billionaire Elon Musk campaigned for former President Donald Trump in Pennsylvania. Cuban discusses why he’s supporting Harris, why he finds Donald Trump’s tariff plans to be “insane,” and explains that he’ll continue speaking his politics in spite of name calling on social media. Plus, Starboard Value has amassed a significant stake in Kenvue, consumer products brand formerly owned by Johnson & Johnson, and Disney announced a plan for chairman and for Bob Iger’s CEO successor reveal. Mark Cuban: 4:10 Alex Sherman: 30:23 In this episode: Mark Cuban, @mcuban Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @zachvallese

Transcript

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0:00.0

Bring in show music please.

0:03.0

Today on Squack Pod, Mark Cuban, why the billionaire investor has gone all in on politics this election season.

0:14.0

The country over party, country over all.

0:16.0

I just think Kamla Harris without any question in my mind is the better candidate.

0:21.0

Two weeks before the election and social media is heating up.

0:25.2

Cuban may be campaigning for Harris, but he's gotten some heat from the other side.

0:30.5

So I don't care if people are yelling at me, screaming at me, calling me names, you know,

0:34.1

Elon calls me a racist or turd except... I don't... It's not that I like it. I know it's at stake.

0:39.1

Mark Cuban weighs in on Donald Trump's plan for tariffs.

0:43.8

That's insane.

0:44.8

And explains why he's trying to help the Harris campaign on the marketing front.

0:49.8

The biggest challenge that they've had, and to a certain extent extent continue to have, they're not great sales people.

0:54.7

They're more about policy where Trump is the exact opposite.

0:58.4

That interview, plus J&J spinoff Kenview has a new activist stakeholder.

1:05.0

And at Disney,

1:06.6

see NBC's Alex Sherman says a succession plan

1:10.0

has finally been announced.

1:11.9

This issue now is going to hover over the company

1:14.8

for at least the year.

1:15.8

I know I had talked to people that hoped

1:18.0

a candidate would be named in early 2025.

1:21.2

I'm see NBC producer Zach Valisee. It's Monday October 21st. Squack Pod from C and B.C.

...

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