D’Amelios TikTokking to the Bank & Insurers Teaming up with Mark Cuban 8/17/23

Squawk Pod

Aug 17, 2023•31 min

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Episode description

Dad-ager Marc D’Amelio discusses the 200 million+ TikTok followers that his two daughters Dixie and Charli D’Amelio have amassed in the past few years. In the content creating family’s latest IRL venture, D’Amelio Brands is getting into the food business. Insurer Blue Shield of California is teaming up with Amazon and Mark Cuban’s online pharmacy Cost Plus; CNBC’s Bertha Coombs discusses the move away from traditional drug store chains, the pressure it’s putting on CVS, and how much money each player is hoping to save consumers. Plus, options activity put pressure on the S&P 500 this week, NYC has banned TikTok on government devices, and Buy Buy Baby stores are making a comeback.

Bertha Coombs - 14:32

Marc D’Amelio - 23:38

In this episode:
Marc D'Amelio, @marcdamelio
Bertha Coombs, @berthacoombs

Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Kelly Evans, @KellyCNBC
Cameron Costa, @CameronCostaNY

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