OpenAI Chairman Bret Taylor joins the show, his AI unicorn &quot;Sierra&quot; launching new tools to take on the enterprise software incumbents. Then why results from Taiwan Semi are pressuring the rest of the chip sector. And ahead to Netflix results, what the options market is signaling about that report, after the bell.<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: OpenAI Chair Bret Taylor, Taiwan Semi Pressures Chip Trade, Netflix Earnings Preview 7/16/26

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[SPEAKER_13] Good Thursday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Quintanillo and Mike Santoli today. We are live, as always, from Post 9 of the New York Stock Exchange. David Faber has the day off. Chip stocks are seeing big gains and big swings this morning, actually, as Taiwan Semi's report raises questions for analysts. They're lower right now. We'll talk to Ben Reitzes from Melius about the volatility. Plus, OpenAI chairman Brett Taylor with us this hour as his AI startup uniform, Sierra, launches new enterprise AI tools.

[SPEAKER_13] And Netflix getting ready for quarterly results after a rough year so far, down around 20 percent. We'll get you ready for that report.

[SPEAKER_10] First, though, two big pieces of housing dated across the tape. Let's get to Diana Olick. Morning, Diana.

[SPEAKER_16] Good morning, Carl. Let's start with pending home sales in June. Down 5.4 percent from May and down 0.3 percent from June of last year. That is a big miss. The street was looking for flat. Now, this count is based on signed contracts.

10AM Hour: OpenAI Chair Bret Taylor, Taiwan Semi Pressures Chip Trade, Netflix Earnings Preview 7/16/26

Read the full transcript

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

10AM Hour: OpenAI Chair Bret Taylor, Taiwan Semi Pressures Chip Trade, Netflix Earnings Preview 7/16/26

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.