Variants and Vaccines; Twitter Takes Off; Olympics 2021

Squawk Pod

Everybody’s online. Twitter’s second-quarter earnings came in stronger than analysts had anticipated as revenue grew 74% year over year in the quarter due to “a broad increase in advertiser demand.” Twitter’s Chief Financial Officer Ned Segal breaks down the earnings results, Bitcoin, and fighting misinformation on the platform. The Covid-19 Delta variant is highly-contagious. Former FDA Commissioner and Pfizer board member Dr. Scott Gottlieb says he expects businesses and organizations to take a more authoritative position on vaccination requirements once full regulatory approval is given. He also weighs in on the virus, variants and vaccines at the Tokyo Olympics. NBC’s Stephanie Gosk checks in from the much-delayed start of the 2020 Games.. Plus, China is stepping up restrictions on the private education industry, which is hitting some U.S. companies and the hard seltzer market may be oversaturated.