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CNBC Television | Squawk Pod: Betting on the election & Elon Musk’s tech gamble - 10/04/24 | Audio Only @CNBCtelevision | Uploaded 3 days ago | Updated 14 hours ago
The commodities exchange KalshiEx has resumed accepting wagers on the outcome of the 2024 congressional election after a federal appeals court lifted a previous hold. Tarek Mansour, founder and CEO of Kalshi, discusses the potential impact to the current state of the election betting market. And, OpenAI announced a major funding achievement, securing $6.6 billion and reaching a post-money valuation of $157 billion, setting a competitive stage against Elon Musk's AI company, xAI. Walter Isaacson, author and Tulane professor, weighs in on the AI technology race between Elon Musk and Sam Altman. Plus, CNBC’s Frank Holland breaks down the significant labor negotiation concluded with U.S. dockworkers and the United States Maritime Alliance reaching a tentative wage agreement, extending their current contract into 2025.

In this episode:
Frank Holland, @FrankCNBC
Walter Isaacson, @walterisaacson
Tarek Mansour, @mansourtarek_
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Zach Vallese, @zachvallese

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Squawk Pod: Betting on the election & Elon Musk’s tech gamble - 10/04/24 | Audio OnlyLean into growth and cyclicals to manage potentially choppy end of year, says Citis Scott ChronertBeijing is trying to put a floor on the economy with its stimulus measures: China Beige Book CEODeutsche Banks Deepak Puri expects a modest relief rally following the electionWarren Buffett: Other people doing dumb things is what creates good opportunitiesMad Money - 10/02/24 | Audio OnlyStandardAero CEO on IPO and growth planFmr. US Secretary of Defense: A broader Middle East war could tip global economies into recessionOpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidityFundstrats Tom Lee on 6,000 S&P 500 year-end target: Setup into year-end has a lot of tailwindsToyota curbs DEI policiesFairly high probability of another 50 bps rate cut, says Citis Nathan Sheets

Squawk Pod: Betting on the election & Elon Musk’s tech gamble - 10/04/24 | Audio Only @CNBCtelevision

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