Southwest Legroom, Chipotle Portions, & Nasdaq’s Tumble 07/25/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 25 July 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After the Nasdaq’s worst day in two years, Nasdaq CEO Adena Friedman discusses weathering market “adventures” and the slowly warming IPO market. If all the volatility has you stressed, CNBC’s Sharon Epperson has you covered with advice from financial therapists. Southwest Airlines is making its biggest change in company history. CNBC’s Phil LeBeau reports on the carrier’s new venture into assigned seats and extra legroom, after years of a consistent business strategy. Plus, Chipotle will re-coach staff on portion sizes after much online burrito bowl debate, and Change Research Lead Analyst Betsy App has new polling from voters re-energized by a changed Democratic ticket. Phil LeBeau - 10:54 Betsy App - 19:44 Adena Friedman - 27:29 Sharon Epperson - 35:00 In this episode: Sharon Epperson, @Sharon_Epperson Phil LeBeau, @Lebeaucarnews Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:09.0	Tech stocks weathered the worst day in over two years. It was a rough one, but
0:14.2	NASDAQ CEO Adena Friedman says it's just part of the game.
0:17.8	Our index business is up 29% year every year. There has been strong progress, but every
0:22.2	day is a little bit of
0:22.8	an adventure in the markets and this week we've seen a fair amount of adventure.
0:26.0	An electorate, recharged, new polling shows a renewed vigor among voters.
0:32.0	Change Research Lead Analyt's lead analyst Betsy App has the numbers.
0:35.7	Rarely do we see shifts of this magnitude.
0:38.6	In fact, it's exciting.
0:41.2	And assigned seats? seats?
0:43.0	Business class.
0:44.0	It doesn't sound like Southwest.
0:46.0	But Phil Laboe says it is.
0:48.0	Change is coming for the airline.
0:50.0	Southwest clearly believed that assigned seats and business class seats with
0:56.0	more leg room is what their customer base will embrace.
1:00.3	Plus the NBA scores new media rights, and election investing stress got you down.
1:07.0	The NBC's Sharon Epperson has some tips.
1:09.0	I talked to a few financial therapists about how to keep election jitters in check and what to do to
1:14.3	emotion proof your portfolio. It's Thursday July 25th, Squawk Pod begins right now.
	...

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