David Faber reports that one of AI’s most closely watched voices, Leopold Aschenbrenner’s hedge fund Situational Awareness, has sold its entire portfolio of public investments. We examine what the move could signal for AI investors. Plus, Jersey Mike’s CEO joins along with Danny DeVito and Eli Manning to discuss the company’s public market debut. And we break down Wall Street’s reaction to earnings from Microsoft and Meta as investors assess the next phase of the AI trade.<br><br>Squawk on the Street Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

10AM Hour: Leopold Aschenbrenner’s Hedge Fund Situational Awareness Sells All Public Positions, Jersey Mike’s CEO on IPO, Meta & Microsoft Earnings Reaction 7/30/26

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[SPEAKER_14] Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kinzaneo with David Faber, Seema Modi here at Post 9 at the New York Stock Exchange. Sarah Eisen's off today. Major averages trying to stabilize as we begin to close out July. Dow coming off the worst day of the year. We'll talk about the message from the Fed that spooked investors yesterday. Some major moves for a trillion dollar tech. We'll get into the action at Meta and Microsoft, seeing opposite reactions to earnings.

[SPEAKER_14] And the hero of the day will talk to the CEO of Jersey Mike's, making their public debut today here at the New York Stock Exchange, along with maybe a couple of surprise guests.

[SPEAKER_21] Let's bring in CNBC senior market commentator Mike Santoli to talk about just the price action, Mike, that we are seeing in tech right now. Meta, as Carl just said, down Microsoft higher.

10AM Hour: Leopold Aschenbrenner’s Hedge Fund Situational Awareness Sells All Public Positions, Jersey Mike’s CEO on IPO, Meta & Microsoft Earnings Reaction 7/30/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

10AM Hour: Leopold Aschenbrenner’s Hedge Fund Situational Awareness Sells All Public Positions, Jersey Mike’s CEO on IPO, Meta & Microsoft Earnings Reaction 7/30/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.