September 27, 2019: Peloton’s Rough Ride; A Millionaires’ Tax; DraftKings CEO

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 September 2019

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Joe Kernen, Becky Quick and Joe Terranova break down the bumpy road for Peloton’s first day of trading, and whether it’s the beginning of the end for the IPO rush. Also, debating the proposed high-income tax plans of Sen. Bernie Sanders (I-VT) and Sen. Elizabeth Warren (D-MA). Plus, the DraftKings CEO Jason Robins bet big on this football season with an exclusive NFL partnership for fantasy football.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Peloton takes off but have the wheels come off the IPO rush.
0:24.0	The big deal this tells you is that Wall Street and the retail investors
0:28.0	are not going to fund growth at all costs.
0:31.0	No more billionaires? Is the wealth tax worth it? If we could do some good
0:35.4	that doesn't sound that bad. And Draft Kings is ready for some fantasy football.
0:39.8	We've got CEO Jason Robbins. I love that we have turned your show into a discussion on which college football
0:46.4	bets are the best this week.
0:48.6	Those stories and a lot more.
0:50.3	I'm C. NBC producer Katie Kramer.
0:52.0	It's Friday, September 27th, 2019.
0:54.8	Squack Pod begins right now.
0:56.8	Stand back you by in three, two, one, fuel, please.
1:01.0	Good morning everybody.
1:02.0	Welcome to Squackbox here on
1:03.2	see NBC we are live from the NASDAQ market site in time square I'm
1:06.6	Becky quick along with Joe Kerner and Andrew's out today but guess what our
1:10.2	guest host today is fast Money Trader Joe Taranova.
1:13.1	He's senior managing director at Virto Investment Partners,
	...

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