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Betting on Barbie with Mattel CEO & A Congressional Stock Ban with Sens. Hawley & Gillibrand 7/27/23

Betting on Barbie with Mattel CEO & A Congressional Stock Ban with Sens. Hawley & Gillibrand 7/27/23

FromSquawk Pod


Betting on Barbie with Mattel CEO & A Congressional Stock Ban with Sens. Hawley & Gillibrand 7/27/23

FromSquawk Pod

ratings:
Length:
33 minutes
Released:
Jul 27, 2023
Format:
Podcast episode

Description

It’s Barbie’s world and we’re just living in it. Mattel CEO Ynon Kreiz emphasizes the power of the brand, the doll, and the movie-prompted cultural phenomenon. Kreiz discusses the company’s quarterly results and the connection between $162 million at the box office and Mattel’s bottom line. In a bipartisan push, Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Josh Hawley (R-Mo.) is aiming to ban Congressional stock trading. The unlikely duo discusses why a ban is necessary and simple, and why exceptions for blind trusts just muddy the problem. Plus, something for investors to chew on: Comcast, Meta, Chipotle, and others have reported quarterly financials, and the Federal Reserve has hiked interest rates again. In this episode:Ynon Kreiz, @MattelSen. Kirsten Gillibrand, @SenGillibrandAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkCameron Costa, @CameronCostaNY
Released:
Jul 27, 2023
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.