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Squawk Pod

Zoom, Run, Negotiate, Repeat

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 1 December 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

In the new normal of distanced, remote activities, video conferencing services like Zoom and gym-free fitness companies like Brooks Running have become staples of pandemic life. Zoom Chief Financial Officer Kelly Steckleberg discusses the company’s most recent financial results and why the virtual shift--and Zoom’s value--is here to stay, through the pandemic and beyond. Brooks Running Company CEO Jim Weber takes stock of his customers, new and old, who’ve turned to his brand for mental and physical wellbeing. Plus, Senator Mark Warner (D-VA) is leading the bipartisan charge for a relief package before the year’s end.

Transcript

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0:00.0

This is Squawk Pod. I'm the NBC producer Katie Kramer today on our podcast.

0:06.0

A new call from senators who say pandemic relief benefits must not be allowed to expire.

0:12.0

We'll hear from the leader of a new effort in Congress, Virginia

0:14.7

Democrat Mark Warner.

0:15.7

If there's one thing I'm hearing uniformly is Congress do not leave town for the holidays leaving the country and the economy adrift.

0:26.4

How, when, and who do you Zoom?

0:29.0

The CFO of the video conference company says whatever you're doing, Zoom's got you covered and

0:34.4

they're not going anywhere. We really believe that these remote work trends that

0:38.1

started three pandemic are going to

0:45.0

continue in a post-Covid era.

0:43.0

Plus, has the pandemic pushed you to new exercise.

0:46.0

Brooks running CEO on a surprising boom for business.

0:50.0

True at all, we've added 1.5 million new runners this year so it's clear people are running it's a tailor-made activity for the pandemic

0:58.2

It's Tuesday December 1st 2020 squ. Squack Pod begins right now.

1:04.0

Good morning, everybody.

1:06.0

Welcome to Squackbox here on CNBC.

1:08.0

Never too early for Christmas music.

1:09.0

Here we go, December 1st.

1:11.0

I'm Becky Quick, along with Joe Kernan and Andrew Ross Ross Sorkin and we are ready to go this morning.

1:15.2

Are you sure it's never too early? That's just a blanket statement for Christmas music.

1:19.7

Never, no, no, no, no, no, no, it. No, we've been listening to it.

1:23.0

Our four-year-old loves Christmas Carol,

...

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