10AM Hour: Binance Co-CEO on Crypto Heist, Shopify President on Earnings, Wall Street’s Apple Earnings Reaction 11/3/26
Summary
Squawk on the Street covers market reactions to Apple and Palantir earnings, alongside Shopify’s revenue miss, with President Harley Finkelstein explaining the quarter. Citi’s Kate Moore discusses tech sector resilience and yield risks, while the show analyzes how midterm elections in swing states could impact data center regulations and banking oversight. The episode also features Binance co-CEO Richard Tang addressing a $6 billion hack attributed to North Korea.
Topics discussed
Intro and Schwab Market Update promo
Midterm election economics: Michigan and Iowa
Data center power, gas prices, and AI CapEx impact
Job market analysis and tech sentiment outlook
AI spending sustainability and hyperscaler debt
Hedging tech exposure: Healthcare vs. Commodities
Yield risk, multiples, and market breadth in October
Apple earnings: Memory costs and AI margin pressure
Shopify preview and Vantage Score/Gemini promos
Interview with Shopify President Harley Finkelstein
Preview of Palantir and bank regulation segments
Bank stocks and midterm election regulatory risks
News: Ukraine talks and election monitors
Binance hack investigation and security response
Palantir earnings and AMD options market signals
Market wrap-up and ZepBound ad
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