Bitcoin’s Rise & The Great One: Wayne Gretzky 11/21/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 21 November 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

NHL legend Wayne Gretzky is readying a congratulations for Alex Ovechkin, the Washington Capitals player set to break one of Gretzky’s many career records. The Great One weighs in on the recent growth of the sport, as well as the impact of his most famous quotes. Bitcoin is cruising toward its 100k milestone; Senator Cynthia Lummis (R-Wyoming) is a crypto enthusiast, and she’s supporting a Bitcoin Strategic Reserve. As President-elect Donald Trump assembles his cabinet picks, Sen. Lummis explains what she needs to hear from Attorney General contender Matt Gaetz. Plus, AI demand drove Nvidia’s earnings above expectations, and the Department of Justice is aiming for a Google Chrome spinoff. Jake Sherman - 09:21 Sen. Cynthia Lummis - 21:00 Wayne Gretzky - 31:30 In this episode: Jake Sherman, @JakeSherman Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music, please.
0:04.3	This is Squawk Pod.
0:06.2	I'm CNVC producer Cameron Costa, and on today's episode, The Great One, Wayne Gretzky,
0:13.8	hockey legend and holder of dozens of NHL records, preparing to congratulate a player set
0:20.0	to beat his career goal record.
0:22.6	He said, just remember one day when somebody breaks your record, you have the same dignity
0:27.0	as Gordie Howe.
0:28.0	And I remember I looked at my dad and I said, well, can I enjoy this for just a couple days?
0:33.9	And Bitcoin is cruising toward 100K.
0:40.7	Republican Senator Cynthia Lummis is a crypto enthusiast.
0:43.0	She's pushing for Bitcoin Reserve.
0:47.5	Bitcoin is a commodity, so it's a lot like cattle.
0:48.6	I own cattle.
0:53.6	And yet nobody wants me to divest, thank God, of my cattle. Plus, NVIDIA's strong quarter, Google's potential breakup, and the new cabinet taking shape.
1:01.0	Who will be the new Treasury Secretary?
1:03.0	Punchbowl News co-founder Jake Sherman runs through the contenders.
1:07.0	He needs to find somebody that is easily confirmable. It's Thursday, November 21st.
1:14.3	Squawk pod begins right now. Stand Becky by in three, two, one. Cue, please.
1:21.7	Good morning, everybody, and welcome to Squackbox right here on CNBC. We're live from the
1:26.6	NASDAQ market site in Times Square.
1:28.9	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:31.8	We are creeping very close to $100,000 for Bitcoin. It is now breaking records, the cryptocurrency,
	...

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