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Squawk on the Street

Squawk on the Street

10AM Hour: AI Trade Faces More Pain, Interactive Broker’s Thomas Peterffy, Citizen Financial CEO on Earnings 10/16/26

Oct 16, 2026 · 43m

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About this episode

Is the AI infrastructure boom starting to resemble the dot-com era? Venture capitalist Eric Hippeau joins Squawk on the Street to discuss the parallels between today's massive technology buildout and the late 1990s. Plus, Interactive Brokers Chairman Thomas Peterffy breaks down the firm's latest earnings and what he's seeing from retail investors. And Citizens CEO Bruce Van Saun weighs in on mixed quarterly results, including a decline in mortgage fees. Squawk on the Street Disclaimer