Squawk Pod: Elon Musk’s interview with The Economist & Lina Khan’s NYC role - 07/24/26 | Audio Only
Speakers
Gunjan Banerji
— Lead markets writer, Wall Street Journal; CNBC contributor
Zanny Minton Beddoes
— Editor-in-chief, The Economist
Eamon Javers
— Senior Washington Correspondent, CNBC
Steven Fulop
— President and CEO, Partnership for New York City
Summary
The episode covers new US tariffs on forced labor practices, Wall Street's paid access to Trump's Truth Social posts for nanosecond-fast trading, Elon Musk's AI predictions and media criticism from his Economist interview, and concerns over Lina Khan's appointment to New York City's economic development role.
- White House imposes 10-12.5% tariffs on 60 economies under Section 301 forced labor provisions.
- Wall Street firms pay $100k/month for millisecond-fast Truth Social data feeds, raising conflict-of-interest concerns.
- Elon Musk tells The Economist AI will surpass human intelligence within 5 years and calls for AI lab cooperation on safety.
- Musk defends support for far-right politicians in Europe and criticizes media portrayal as 'nonsense'.
- NYC business leaders worry Lina Khan's appointment as economic development chair signals an anti-business shift.
- Trump Media (DJT) stock down over 30% this year; company merging with a nuclear fusion firm in an attempt to boost shares.
Ideas
Struggling DJT stock, desperate nuclear merger
Trump Media (DJT) stock is down more than 30% year-to-date and the company is resorting to a desperate merger with a nuclear fusion company to try to turn its stock around. The business is struggling, and the new Truth Social data feed monetization may not offset the underlying weakness.
Up Next
This CNBC video, published July 24, 2026, features Gunjan Banerji discussing DJT. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Gunjan Banerji · Tickers: DJT