We discuss how Chinese President Xi Jinping&#x27;s meeting with President Trump today could impact both the chip wars and the global AI race. Then, Coldwell Banker Realty CEO Kamini Lane joins to break down the impact of rising rates on the housing sector. Plus, we bring you the details of OpenAI&#x27;s latest rogue hack, which targeted an Australian government website.<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.

11AM Hour: U.S.-China Summit Today, Coldwell Banker Realty CEO & OpenAI Hacks Again 9/24/26

Squawk on the Street

[SPEAKER_04] Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Quintanillo, Seema Modi here at Post 9 of the New York Stock Exchange. Sarah Eisen is the morning off. Today, China's president in Washington this morning, his first state visit to the U.S. in more than a decade. Export controls curbing the sale of semiconductor manufacturing equipment among one of the key topics today. We will discuss with the founder and former CEO of Cypress, TJ Rogers.

[SPEAKER_12] Plus, call it an AI safety wake-up call. OpenAI Sam Altman warning the U.N. that the technology's potential risks are among the most important security issues facing the world today. We'll be joined by former director of Defense Department Joint AI Center, Gregory Allen.

[SPEAKER_04] And with new home sales climbing at the fastest pace of the year, we'll check in on the housing economy with the CEO of Realtor, Coldwell Banker. Meantime, a little bit of weakness here. Ten-year really hanging on to those levels above five, almost to 514, got to 515 overnight. Sector-wise, it's energy that's leading up more than a percent and some weakness in consumer discretionary again down for several weeks in a row.

[SPEAKER_04] Let's begin though with the Chinese president, his visit to Washington today to meet with President Trump. Megan Casella has the latest. Morning, Megan.

[SPEAKER_02] Carl, good morning. Again, programming is well underway for this Chinese state visit. As you mentioned, the first visit, state visit for the Chinese leader since 2015. We just in the last hour heard from both presidents making remarks from the grand foyer of the White House. President Trump speaking first, talking about a truly great friendship with the Chinese president, saying they've been working on a more balanced trade relationship.

11AM Hour: U.S.-China Summit Today, Coldwell Banker Realty CEO & OpenAI Hacks Again 9/24/26

Read the full transcript

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

11AM Hour: U.S.-China Summit Today, Coldwell Banker Realty CEO & OpenAI Hacks Again 9/24/26

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.