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Squawk Pod

Verizon Deals Data & Damien Hirst: Art Market Shark

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2543 Ratings

🗓️ 21 July 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Verizon reported better-than-expected revenue and subscriber growth, raising its full-year outlook. Verizon CEO Hans Vestberg breaks down the results and how much our smartphones show about post-pandemic consumers. Famed visual artist Damien Hirst says he believes in the staying power of nonfungible tokens, or NFTs. He discusses his NFT project where the buyer eventually chooses whether to keep - or destroy - digital or physical art, aptly named “The Currency.” The Opening Ceremonies are still a couple of days away, but the Tokyo Olympics are getting underway. World Health Organization Director-General Tedros Adhanom Ghebreyesus spoke to the International Olympic Committee members in Tokyo, and said the global failure to share vaccines, tests and treatments is fueling a “two-track pandemic.” Plus, Chipotle earnings are hot, AMC’s board names Redditor-approved CEO Adam Aron as chairman and the Milwaukee Bucks win the club's 1st NBA title since 1971. And, breaking in the Squawk Terrace, high above Times Square! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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.

0:07.0

Today on our podcast, The Reopening.

0:10.0

What are smartphones and broadband use say about consumers getting back out there?

0:15.0

Verizon CEO Hans Vestberg.

0:17.0

The economy is coming back.

0:18.0

We basically have equally much traffic in the stores right now as we have a pre-pendemic.

0:22.0

And Damien Hurst, the contemporary... in the stores right now I saw a pre-pandemic.

0:23.0

And Damien Hurst, the contemporary artist getting into crypto and

0:26.5

NFTs.

0:27.5

A lot of people have kind of talked to me about my work and said I'm often more

0:31.6

interested than money than art.

0:34.0

Those stories plus the Olympics are starting.

0:36.3

Chipotleanes are buzzing.

0:38.2

AMC plays to the apes and the Bucks win.

0:41.0

I have to once again thank the people in New Jersey who legally glies gambling for rejuvenating

0:47.0

my love and interest in these things.

0:50.0

It's Wednesday July 21st, 2021.

0:53.1

Squawk Pod begins right now.

0:55.4

Stand Becky by in three, two, one, fuel, please.

1:00.0

Good morning.

1:00.6

Welcome to Squawk Box here on C. I'm Becky Quick, along with Joe Hermann and Andrew Ross Sork.

...

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