Black Friday, Live TikTok Shopping & RFK Jr.’s Plans 11/29/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 29 November 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Black Friday is here, and while many shoppers are hitting the malls, others are taking advantage of deals on social media. Marketing and social media expert Gary Vaynerchuk highlights the rise of live shopping on social media as a potential disruption to the retail industry. Influencers are making millions of dollars each month through live shopping events on TikTok, he says, much like QVC. Next, Dr. Scott Gottlieb gives his perspective on the future of health care as President-elect Trump’s transition team takes shape, including Trump’s pick of RFK Jr. as health secretary. CNBC’s wealth reporter Robert Frank shares the impact philanthropy has had on the net worth of America’s richest people–and explains why Warren Buffett has already shared his will with his family. Plus, the FTC has launched an antitrust investigation into Microsoft, and Moana 2, Wicked and Gladiator II had a successful Thanksgiving. Dr. Scott Gottlieb - 21:19 Gary Vaynerchuk - 34:52 In this episode: Gary Vaynerchuk, @garyvee Scott Gottlieb, @ScottGottliebMD Becky Quick, @BeckyQuick Steve Liesman, @steveliesman Robert Frank, @robtfrank Zach Vallese, @zachvallese

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod from CNBC on today's episode.
0:09.0	Shopping season begins.
0:12.0	Maybe the malls aren't as busy as they've been in the past, but online is a buzz with live shopping akin to, well, years past. This is this QVC. It works.
0:23.6	That's Gary Vaynerchuk or Gary Vee.
0:25.6	The social media and marketing expert says influencers are taking their cut this holiday.
0:32.6	There are unbelievable amounts of people making over a million dollars a month already on TikTok live shopping.
0:39.6	And for some who've already made their millions and billions and trillions, they're not keeping
0:45.8	it all.
0:46.8	Robert Frank says, don't worry.
0:49.1	Warren Buffett and Bill Gates warned their families about charitable giving.
0:53.3	Look, tell your kids about the will and then have that discussion while you're alive.
0:58.0	And Dr. Scott Gottlieb is raising his concerns about Robert F. Kennedy Jr., the President-elects
1:05.0	pick for Health and Human Services.
1:07.0	I don't think the President wants to see a resurgence of measles, wants to see a
1:11.3	resurgence of hooping cough in this country. God forbid we have cases of polio in this country.
1:15.7	He does not want to see that. I think he understood the importance of the childhood immunization
1:19.4	schedule. All that plus the FTC's probe into Microsoft and Uber and much more.
1:28.7	I'm CNBC producer Zach Vileasy.
1:30.8	It's Friday, November 29th, Black Friday, 24.
1:35.5	Squawk Pod begins right now.
1:38.0	Stand Becky by in three, two, one, cue, please.
	...

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