Squawk Pod

Kalshi won big on Super Bowl Sunday, hosting over $1 billion in trading volumes. CEO and co-founder Tarek Mansour discusses prediction markets, insider trading concerns, and market surveillance. President Trump’s effort to limit institutional investors buying single family homes has run into snags on Capitol Hill. RXR Chairman and CEO Scott Rechler discusses the initiative, affordable housing, and NYC’s uptick in office leasing and luxury home sales. In the latest reports on big tech’s AI capital expenditures, Google parent Alphabet is looking to fund its AI spending by selling rare 100-year bonds. President Trump is reportedly aiming to get big tech firms to make a voluntary pact on data centers and energy. The President is also aiming to repeal the Obama-era legal basis for federal greenhouse gas regulation.
 
Scott Rechler - 13:11
Tarek Mansour - 27:55
 
In this episode:
Tarek Mansour, @mansourtarek_
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

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“Please, not that one” Adam Anderson and his wife Brianne thought near the start of their rare disease journey when a doctor listed Tay-Sachs Disease as a potential diagnosis for their young son Drew. Rarer than rare, this genetic metabolic disorder causes progressive brain and spinal cord damage that can lead, often, to death in early childhood.

80% of rare diseases have a genetic origin. Hundreds of millions of people around the world suffering from a rare disease can trace the root cause of their symptoms back to an abnormality in their genetic code. For generations, there was no way for doctors to track this. But advances in genetic testing have made it so we can unlock the secrets hidden in our DNA faster than ever before.

After losing Drew in 2019, Anderson’s life took on a new path. He ran for local office in Florida and became a leader in rare disease policy, creating a new genetic screening program allows parents of newborns to receive free whole genome sequencing at birth, putting the state at the forefront of newborn screening.

Join us in advancing awareness and understanding of rare diseases. Visit CNBC.com/Cures to access clips, resources, or to sign up for our weekly newsletter.

Follow Becky Quick on X: @BeckyQuick
Follow Adam Anderson on X: @AdamAndersonFL
Please share your thoughts or rare disease story in the comments, and join us on The Path.

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National Economic Council Director Kevin Hassett discusses America’s economic trajectory, including the jobs market and productivity, inflation, and President Trump’s pick for new Fed chair, Kevin Warsh. Direct-to-consumer telehealth Hims & Hers made waves last month when it announced a cheaper, compounded obesity pill similar to Wegovy. Now, after the FDA warned against compounded GLP-1s, Hims & Hers is backing off. Former FDA Commissioner Dr. Scott Gottlieb discusses competition in obesity drugs, Novo Nordisk’s lawsuit against Hims & Hers, and the importance of vaccines. Plus, the pharma and AI ads at Super Bowl LX, Japanese Prime Minister Sanae Takaichi secured a supermajority in a snap election, and CNBC’s Emily Wilkins reports on the legislative efforts to address the U.S. housing affordability crisis. 
Emily Wilkins - 10:09
Kevin Hassett - 19:21
Dr. Scott Gottlieb - 30:10
In this episode:
Emily Wilkins, @emrwilkins
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

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Hong Kong media tycoon and vocal Beijing critic Jimmy Lai has been sentenced to 20 years in prison, President Trump has reversed his position on the Nexstar-Tegna broadcast TV deal, Hims & Hers has pulled its weight loss pill claiming to compete with Wegovy’s obesity pill, Block may lay off 10% of its workforce, and Kroger could be planning to hire a former Walmart executive as its next CEO. 

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The morning of Once Upon A Farm’s IPO, co-founders Jennifer Garner and John Foraker sit down with Andrew Ross Sorkin. They discuss the company’s distribution and mission, connecting social good with accessible nutrition. As Capitol Hill fights over funding for the Department of Homeland Security, Senator Chris Coons (D-DE) underscores his commitment to constituents demanding lawmaker action on ICE operations nationwide. Plus, Robert Frank goes “Inside Wealth” to report on Elon Musk’s road to becoming a trillionaire, and software and financial services stocks have had a volatile week, in the thick of earnings season. 
 
Robert Frank - 7:29
Jennifer Garner & John Foraker - 16:59
Sen. Chris Coons - 28:56
 
In this episode:
Chris Coons, @ChrisCoons
Robert Frank, @robtfrank
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.