Elevation Partners Co-Founder Roger McNamee discusses why he believes the AI trade is worse than the dot com bubble. We also bring you all the details on Microsoft&#x27;s newly announced layoffs. Plus, IMAX CEO Rich Gelfond joins to discuss demand for movies after &quot;Minions and Monsters&quot; topped the box office over the holiday weekend.<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.

11AM Hour: Elevation Partners' Roger McNamee on the AI Trade, Microsoft Announces Layoffs & IMAX CEO on Holiday Box Office 7/6/26

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[SPEAKER_C] Good Monday morning.

[SPEAKER_D] Welcome to Squawk on the Street. I'm Carl Quintanilla with Leslie Picker here at Post 9 of the New York Stock Exchange. Sarah Eisen has the morning off today. UBS hiking its 12-month bull case for the S&P to 8,700. Senior Portfolio Manager Alan Rexhaufen joins us to break down that call.

[SPEAKER_E] And veteran investor Roger McNamee is back with us this morning. Why he thinks the current AI trade is, quote, much worse than the dot com bubble.

11AM Hour: Elevation Partners' Roger McNamee on the AI Trade, Microsoft Announces Layoffs & IMAX CEO on Holiday Box Office 7/6/26

Read the full transcript

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

11AM Hour: Elevation Partners' Roger McNamee on the AI Trade, Microsoft Announces Layoffs & IMAX CEO on Holiday Box Office 7/6/26

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.