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

Page: https://stenobird.com/podcast/squawk-on-the-street-731896/11am-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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Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-07-06T16:13:10+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/772daf2b-4aa5-445b-9969-6ecd181231b1/episodes/4900cf80-9462-427b-b54e-ee04cf7e5e9b/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=4900cf80-9462-427b-b54e-ee04cf7e5e9b&feed=GcylmXl7
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Duration seconds: 2584

## Resource

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's newly announced layoffs. Plus, IMAX CEO Rich Gelfond joins to discuss demand for movies after "Minions and Monsters" topped the box office over the holiday weekend. Squawk on the Street Disclaimer

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## Transcript

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