TikTok in Court, Trumponomics 2.0, & iPhone 16 Demand 09/16/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 16 September 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After an apparent assassination attempt on former President Donald Trump’s life, CNBC’s Eamon Javers reports on the latest details, the suspect, and the possible impact on the Presidential race. If Trump wins a second term, the campaign has tapped Cantor Fitzgerald CEO Howard Lutnick as Co-Chair of the transition team; Lutnick makes his case for Trumponomics 2.0. Today TikTok is in court, fighting to remain operational in the US. Entrepreneur Frank McCourt says he’s ready to buy TikTok, but not out of love for the platform. Plus, Apple shares slid after reports of lackluster demand for the iPhone 16, and SpaceX successfully completed the first civilian space walk. Eamon Javers - 02:58 Howard Lutnick - 14:30 Frank McCourt - 31:09 In this episode: Eamon Javers, @eamonjavers 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.
0:04.0	This is Squack Pond from CNBC.
0:07.0	I'm producer Cameron Costa and on today's episode
0:11.0	Another shock to the 2024 campaign a second assassination attempt on former
0:16.9	President Trump and see NBC's even Javers has the details. I would think
0:22.0	the political impact here is negligible, but we'll see.
0:26.2	I've been wrong before.
0:28.2	And a Wall Street connection for our former president, the CEO of Kander Fitzgerald tapped to co-lead the Trump Vance
0:36.4	transition team if Trump wins another term. Howard Letnick makes his case for a Trump Economy 2.0.
0:44.0	When you're running for office,
0:45.8	you make broad statements so people understand you.
0:48.7	But he understands, don't tariff stuff we don't make. And Tik-Tic-Toc and Court.
0:55.0	While the platform fights for its US life today,
0:58.8	potential buyers are lining up,
1:00.8	like entrepreneur Frank McCourt, who argues,
1:03.4	by dance must be stopped.
1:06.0	It's not just that they have the information.
1:08.4	It's that they're able to use that information
1:10.2	to manipulate us and to affect our viewpoint on things.
1:14.0	All that and much, much more today.
1:15.8	It's Monday, September 16th, and Squawk Pod begins right now.
1:20.6	Stand Becky by in three two one cue please
	...

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