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Squawk Pod

Walmart CEO Doug McMillon & Scott Jennings 12/9/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 9 December 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

Walmart is now the largest company to switch its public listing exchange, debuting trading on the Nasdaq today. Walmart CEO Doug McMillon discusses his soon-ending tenure and the company’s new focus on AI and technology. Then, Republican strategist Scott Jennings discusses capitalism, the evolution of conservatism in the United States, and his new book, “A Revolution of Common Sense.” Plus, President Trump will allow Nvidia to ship its H200 AI chips to approved customers in China, Paramount Skydance CEO David Ellison has launched a hostile bid for Warner Brothers Discovery after the WBD announced Netflix as its winning bidder. Doug McMillon - 17:57 Scott Jennings - 34:57 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:03.0

Hi, I'm CNBC producer Katie Kramer.

0:08.0

Today on Squawk Pod.

0:11.0

Doug McMillan departing chief executive of Walmart

0:14.0

on the economy and consumer habits.

0:17.0

We're benefiting from some share gains,

0:18.0

people with higher income levels or shopping with us more often,

0:20.0

have been for a while.

0:21.8

Plus what he has planned after leaving the country's largest brick-and-mortar retailer.

0:26.4

I've never had a blank calendar, and I've now seen what one looks like in a few months, and it's kind of exciting.

0:32.7

Then conservative cable news raconteur, Scott Jennings, on the business of conversation in today's media.

0:38.3

I think Americans are hungry for debate and they love it.

0:41.3

And yes, we are still talking about the fight for Warner Brothers Discovery.

0:46.3

Having talked to people around the transaction on the Warner side, their view was Netflix was a more stable buyer. After Paramount's David Ellison put in a hostile bid for the legacy entertainment assets.

0:59.0

Willie Wonka would, Daddy, I want this! I want it now!

1:03.0

How do you know it's not Larry Ellison himself saying, I want this?

1:06.0

Could be.

1:07.0

It's Tuesday, December 9th, 2025.

1:10.0

Squawk Pod begins right now.

1:13.1

Stand Becky by in three, two, one.

1:16.0

Cure, please.

1:19.2

Good morning, everybody.

...

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