Squawk Pod: Rich Kleiman, the Knicks, & Barry Diller’s bid for MGM - 06/01/26 | Audio Only
Speakers
Andrew Ross Sorkin
— Co-Anchor, Squawk Box
Rich Kleiman
— Co-founder and CEO of Boardroom
Joe Kernen
— Co-Anchor, Squawk Box
Summary
The episode covers breaking news of Barry Diller's bid for MGM Resorts and Berkshire Hathaway's acquisition of Taylor Morrison. It also discusses Nvidia's entry into the PC chip market, Blue Origin's rocket explosion setback, rising Ebola cases, geopolitical tensions in the Middle East affecting oil prices, and the New York Knicks' NBA Finals run and its impact on media ratings and MSG.
- Barry Diller's People Inc. prepares an $18 billion bid for MGM Resorts.
- Berkshire Hathaway agrees to buy home builder Taylor Morrison for $6.8 billion.
- Nvidia unveils a new PC chip at Computex, sending its shares up and Intel shares down.
- Blue Origin's New Glenn rocket explosion delays launches, potentially benefiting SpaceX.
- Dr. Michael Osterholm warns of the US ability to manage a growing Ebola outbreak.
- Israel strikes Hezbollah targets in Beirut, and US-Iran tensions resume near the Strait of Hormuz, pushing oil prices higher.
- Rich Kleiman discusses the Knicks' impact on NBA ratings and MSG's economics.
