Oncology Technology; Huawei; Billionaire Gift Exchange

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 December 2019

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Nasdaq Composite hit 9000 for the first time ever in the last trading week of the decade. CNBC’s Dominic Chu walks us through the market journey to this record. The Wall Street Journal reports that Chinese telecom giant Huawei had access to $75 billion from the Chinese government throughout its lifetime; Becky and Andrew press Huawei USA’s Chief Security Officer Andy Purdy on the company’s ties to its home government and the threats it may pose to American companies—and national security. In another installment of Squawk Pod’s 2019 market debut series, Joe talks cancer-curing technology with Turning Point Therapeutics CEO Dr. Athena Contouriotis. Plus,Bill Gates is in a Secret Santa gift exchange, and it’s open to everyone. That’s right, everyone. Today’s guest host: Edmund Lee, Media Reporter for The New York Times.

Transcript

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0:00.0	Bring in Show Music, please.
0:03.0	This is Squawk Pod.
0:05.0	The Daily Podcast brought to you by the team behind Squawk Box.
0:08.0	NYU, this is CBC Control 2.
0:10.0	CMC's essential morning show.
0:12.0	Every day, get the best stories, debate. to see and meringue see our two
0:13.0	every day get the best stories debate and analysis from the biggest names in business and politics
0:18.0	are we're coming to it next
0:19.0	today on squawk pod
0:21.0	the nazdak 9,, a new record just days before a new decade.
0:26.0	It wasn't that long ago near the beginning of my Wall Street career when I remember the
0:29.8	Nasdac at 5,000.
0:32.6	A lively conversation about Huawei and its ties to the Chinese government
0:36.1	with the Telecom Giants, chief security officer in the US.
0:40.0	I disagree based on what I've read and based on what I've seen.
0:43.0	One of the reasons why I, to some degree, signed with Becky on this is that I have yet to hear
0:47.9	Huawei explicitly say, you know what, there's a problem.
0:51.6	And another installment of our 2019 market debut series. Today,
0:55.8	precision oncology company Turning Point therapeutics. Those stories plus a
1:00.3	billionaire gift exchange that we can sign up for?
1:03.7	I'm CMVC producer Cameron Costa.
1:05.8	It's Friday, December 27th, 2019.
	...

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