Nike Earnings, StandardAero IPO & Former U.S. Defense Secretary William Cohen 10/02/24

President Trump picking CEA Chair Stephen Miran to fill the Fed Governor vacancy left by Adriana Kugler. Former Fed Governor Randy Krozner breaks down what that means for the future of monetary policy. Then shares of Expedia and Trip Advisor surge on the back of earnings. The outlook for the U.S. travel sector. Plus a potential way to gain alternative exposure to the gold trade. The CEO of Wheaton Precious Metals breaks down the quarter with the stock up more than 80% this year.

The President calls for the resignation of the Intel CEO over alleged conflicts with China. Then Intel not the only company drawing the attention of the President. A look at Tim Cook the politician. How the Apple CEO is rewriting the playbook when it comes to getting around tariffs. And then Eli Lilly shares tank after data from a late-stage trial for its oral weight-loss drug overshadowed the company’s upbeat outlook.

Apple shares pace for their best day since May ahead of CEO Tim Cook’s visit to the White house where he is expected to announce further investment in the United State. In addition new details emerge about exemptions for the iPhone maker as the President hikes tariffs on India over its purchases of Russian oil. Then OpenAI eyes a half trillion dollar valuation, a number that would make it the most valuable private company in the world. Plus the CEO of payments company Toast reacts to results and what he’s seeing in terms of consumer spending.

Jefferies’ Chief Market Strategist, David Zervos responds to the President’s comments on who’s still in the running to be the next Fed Chair. Plus why he says many on wall street have let "politically charged hostility take over their investment process." Then the CEO of Williams, handling around a third of U.S. natural gas transportation, weighs in on the regulatory environment and the possibility of a gas pipeline to New York City. And the CEO of Tanger is at Post 9. Breaking down the outlook for the consumer and the trends he’s watching at his company’s portfolio of outlet shopping centers.

New this hour, OpenAI releasing updated user and revenue metrics. Now tracking to surpass $20 billion in annual recurring revenue. Then President Trump says he will ‘substantially’ hike the tariff rate on India, citing the continued purchase of Russian oil. Plus more than three thousand Boeing defense workers go on strike. What comes next in those labor negotiations.

The White House’s first reaction to the July jobs report. CEA Chair Stephen Miran breaks down the numbers and addresses concerns that the economy may be weakening. Then Former New York Governor and NYC Mayoral candidate Andrew Cuomo on safety concerns in the city and whether other candidates need to drop out to have a real chance at challenging Democratic nominee Zohran Mamdani. Plus how much are the mega-cap tech companies willing to pay to win the AI race? A breakdown of their spending plans.

Jamie Dimon joins the show live from Charlotte, NC as part of his annual bus tour. His outlook for the bond market, the economic impact of tariffs, personal discussions with President Trump and his own company’s expansion plans. Then the CEOs of energy giant Shell and the world’s largest brewer, AB InBev join the show. Reaction to quarterly results and the outlook for the consumer. Plus its one of this year’s biggest IPOs. Figma gets set to go public. The latest indications ahead of the first trade.

Former NEC Director and former Goldman Sachs President Gary Cohn reacts to this morning’s GDP print and the President’s continued call for the Fed to lower rates. Plus an exclusive with the CEO of Oreo maker Mondelez, raising prices to offset an “unprecedented” rise in cocoa prices. Then the CEO of Teva Pharma breaks down the impact of tariffs for the Israeli based company, after narrowing its full-year outlook. And Finally what results from Meta and Amazon could signal about the AI opportunity in the ad market.

U.S. Treasury Secretary Scott Bessent resumes trade talks with Chinese counterparts in Sweden. The very latest, this hour. Plus, the CEOs of Sofi, Sysco and Royal Caribbean react to their earnings reports. Sofi seeing a 44% jump in revenue year-over-year while Royal Caribbean lifts its profit forecast on strong cruise demand.

Senior Chinese and U.S. official meet in Stockholm, trying to establish the outlines of a trade deal. What’s most important from a Chinese perspective? We’re live in Beijing with the latest. Then with stocks touching new all-time highs should investors be concerned about some of the drivers of the rally? A look at some of the ‘froth’ in the market. Plus new iPhone sales data out of China could shed light on what to expect from Apple’s earnings report later this week. Those numbers, this hour.