Palantir’s Politics with CEO Alex Karp; Powell’s Renomination; Elizabeth Holmes on the Stand

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 23 November 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Palantir CEO Alex Karp reflects on the software firm’s first year as a publicly traded company and breaks down its growth trajectory. Karp discusses the company’s controversial position in American politics, his decision to relocate from Silicon Valley, the recently passed infrastructure bill, and U.S. climate policies. Karp weighs in on Palantir’s anti-terrorism efforts and the patriotism of other American tech CEOs; he thinks companies that work with adversarial governments, rather than the U.S., should disclose their reasoning. Plus, Elon Musk is feuding with Jamie Dimon, President Biden has renominated Jay Powell for a second term as Fed Chair, and CNBC’s Scott Cohn is at the Theranos trial, where Elizabeth Holmes takes the stand. In this episode: Alex Karp, @PalantirTech Scott Cohn, @ScottCohnTV Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer, today on our podcast.
0:09.0	The Polarizing Software Company that's waded into politics, Palantir and its co-founder and CEO Alex Karp.
0:16.0	We've been very focused on what we've called the software war between America and its adversaries.
0:21.0	This is much more like what we saw in World War II where one
0:24.6	country develops a nuclear bomb and they set the rules. That big interview,
0:30.9	Elon Musk's feud with Jamie Diamond,
0:33.2	and Fed Chair Jay Powell gets another nod.
0:36.0	Oh, my knee just jerked.
0:37.3	Ow, that hurt.
0:38.3	I hit it, actually, on the desk.
0:40.2	Yeah, there are some kneeerk reactions from both sides.
0:42.8	Plus Elizabeth Holmes on the stand, see NBC Scott Cohn.
0:46.4	If all that she did was she kind of glossed over the negative test results, that is not a crime.
0:52.1	Failure is not a crime. is not a crime it's what she told her
0:54.8	investors that's the heart of the government's case it's Tuesday November
0:59.3	23rd 2021 squawk Pod begins right now.
1:04.0	First up today on the podcast, Fed Talk.
1:10.0	Ladies and
1:13.0	ladies and gentlemen, the President of the United States,
1:13.4	accompanied by Chair Jerome Powell
1:16.2	and Governor Leo Bernard.
	...

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