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Tech in the Red; Tests Out of Stock; Pizza-dillas for Take Out

Tech in the Red; Tests Out of Stock; Pizza-dillas for Take Out

FromSquawk Pod


Tech in the Red; Tests Out of Stock; Pizza-dillas for Take Out

FromSquawk Pod

ratings:
Length:
38 minutes
Released:
Jan 7, 2022
Format:
Podcast episode

Description

The tech stock darlings of the pandemic have finally hit a pullback. For the first time in five years, the Dow is outperforming the Nasdaq. The Fed’s signals for rate hikes on the horizon has prompted a reversal for high-growth cloud stocks, which could spell trouble for portfolios of tech bulls like Cathie Wood. Omicron is weighing on the markets and a group of former advisers to President Biden, who urge, “We need to do better.” Former FDA Commissioner Dr. Scott Gottlieb discusses test and vaccine distribution in the U.S., variants popping up all over the world, and the realistic longevity of this new normal. Supply chain issues are also hitting the pizza world; Papa John’s CEO Rob Lynch says, despite staffing, inflation, and supply chain issues, he’s kept his teams tossing pies every day of the pandemic. The last jobs report of 2021 disappointed economists, but the unemployment rate has fallen to a pandemic low. Plus, Tim Cook’s big, 2021 payout.  In this episode:Rob Lynch, @PapaJohnsDr. Scott Gottlieb, @ScottGottliebMDBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinMike Santoli, @michaelsantoliCameron Costa, @CameronCostaNY
Released:
Jan 7, 2022
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.