11AM Hour: FTC Investigates AI Companies, Nike Earnings on Deck & Former Fed Vice Chair Alan Blinder 10/1/26
Summary
Squawk on the Street covers the market's reaction to softer inflation data and the upcoming September jobs report, with former Fed Vice Chair Alan Blinder discussing the potential for a rate hold. The show also analyzes the FTC's new investigation into OpenAI and Anthropic, featuring former FTC chief technologist Neil Chilson on consumer protection implications. Additionally, the episode reviews Google's Gemini 4 launch and its competitive AI agent strategy, while a BT analyst defends his buy rating on Nike ahead of earnings despite the stock's recent decline.
Topics discussed
Sponsor: WISE app for international money transfers
Intro: Inflation data, jobs report, and Fed policy
Energy: Oil prices, China exports, and EU stockpiles
Markets: Equity opportunities, tech, and consumer stocks
Preview: Google AI model and FTC investigation
Sponsor: CNBC Changemakers podcast
Tech: Google's new AI model and competition with OpenAI
Regulation: FTC probe into OpenAI and Anthropic safety
Transition: Micron earnings and Fed guest preview
Earnings: Micron results, margins, and buybacks
Auto: GM earnings and EV tax credit impact
Politics: Trump regrets Supreme Court nominations
Fed: Alan Blinder on rate cuts and bond yields
Earnings: Nike turnaround and CEO Elliott Hill
Transition: SEC private market access proposal
Regulation: SEC exam for private market investors
Disclaimer: Squawk on the Street legal notice
Sponsor: Zbound medication advertisement
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