Big Tech's Dominance and AI - Big tech companies have entrenched their power, especially in the AI age, raising concerns about their potential to dominate the economy and limit opportunities for others [2][3] - The central question is whether AI will threaten tech platforms or be used by them to solidify their dominance [5] - Government scrutiny is needed to prevent big tech companies from controlling AI challengers and insulating their monopolies [9][10] Antitrust and Competition - The costs of monopolies are increasing extraction from various sectors, such as advertising and Amazon sellers [7][8] - Government should provoke competition among big tech giants to foster innovation and progress [8] - Reverse acquisitions by big tech companies of AI companies require closer examination [9] - Natural monopoly is a self-fulfilling prophecy, and challenging dominant companies is crucial for prosperity and innovation [11][12] AI Investment and Circularity - There are concerns that giant investments in AI are primarily aimed at insulating monopolies rather than improving products [12] - The circularity of investments, where companies reinvest excess cash into their customers, needs further examination as it may inhibit competition [13][14][15] National Security and China - Competition at home is the most important industrial policy for the United States, making companies stronger when facing Chinese competitors [21] - Worshipping monopoly sacrifices the United States' own competitiveness [22]

Welcome back to Squawkbox. Joining us now, former Biden Treasury Official Natasha Sarin. She's a professor at Yale School and president and co-founder of the Budget Lab and former economic advisor uh Steven Moore.He's now with Unleash Prosperity. Stephen, you you still have um ears with people that are in charge doing all these things. What what what is your best uh guess as to to what's happening behind the scenes right now.Do you expect what Chuck Schumer has wanted all along, some type of backroom deal w ...

Congress is now awaiting answers uh from the NBA on that gambling scandal that shook the sports, its fans and the sports books. And joining us now now with more, Matt King, Fanatics, betting and gaming CEO. And it was immediately apparent to everyone, Matt, that this could be a really big uh problem for for the NBA, for gambling, and everything else.I don't I don't see it really exploding into that. Can can you tell from demand or or where are you right now with this. Certainly for consumer demand, the NBA ...

Kimberly Clark reaching a deal to acquire Ken View for more than $40 billion. David Faber joins us with the details. Although I guess David, we've been watching the way Kimberly Clark shares have been trading in reaction to this news.There is an equity component of this uh proposed transaction. So maybe that brings it below the $40 billion uh number, but what can you tell us about some of the ins and outs here. >> Yeah, sure, Mike.You know, it's something I've been tracking. we've been discussing for quite ...

Futures have been positive all morning. You see the S&P 500 due for a gain about 30 points. That's about 4/10en of 1%.The Nasdaq is really leading the way up almost 200. And in fact, I believe uh been eight straight uh Mondays for the NASDAQ that have been positive for for what that's worth. Joining us now, Sylvia Jablonsky, CEO and chief investment officer of Defiance ETF.Sylvia, good to see you this morning. I I I guess everyone kind of knows the the basic setup where, you know, strong years tend to end s ...

All right, we're hitting that that stat from the stock traders almond at 2% gain in November historically. Also, uh another stat we got from truest. If the S&P is up 15% or more in the first 10 months of the year, has about a 5% gain in November and December, is the trend our friend.Do you believe that the the historical presidents are set up to repeat themselves once again this year. >> Yeah, there's no doubt that this year's been a good good good good year for stock market returns. Look, as we go into the ...

All right. So, we've kind of rolled out a stat that we got that for every week of the government shutdown, it negatively impacts uh quarterly GDP by a tenth of a percent. But as this continues to go on potentially to a new record, uh are we seeing bigger impacts than that than that stat really shows.>> Yeah, I think the more concerning thing would be if the shutdown drags on and spirals into something that would have more prolonged impacts. If government contractors and vendors have not been paid, we'll thi ...

All right, we got to get to the elephant in the room. When you look at the Bergkshire Hathaway shares, the B-class shares, if you look since May 2nd when B when Warren Buffett said he was going to step down, they're down. They're down over 9% far underperforming the market.Does that mean that people don't want to trade like Warren Buffett or don't want to be like Warren Buffett or do they just not have the same confidence in this particular company. >> Yeah, look, I I I look, you can argue it either way, bu ...

Uh now to the Fed and uh what investors should expect from the central bank. We've been talking about the Fed all morning. Senior economics reporter Steve Leeman joins us with the latest.Hey Steve. Hey, good morning Andrew. Friday brought out a chorus of Fed hawks and some doves with Fed communications sounding increasingly chaotic.Beth Hammock from Cleveland. Uh Lori Logan from Dallas. Jeffrey Schmidt from Kansas City.All three opposed that October cut and cast doubt on whether they would support a Decembe ...

All right, Ryionaire's first half net profit beating estimates. The carrier is now raising its 2026 passenger forecast. Joining us now, Neil Soran, CFO of Ryanire.Neil, great to have you here. >> Delighted to be here. >> Um, so what was the source of the strength.I mean, you had better traffic even with uh some somewhat higher prior 119 million passengers in the first half of the year. That was about 3% up on the prior year. a bit slower than we we would have liked just we there were some delays in Boeing a ...