11AM Hour: Pretium Co-President on New Housing Law, Anthony Pompliano on Personal Finance AI Agent & Elon Musk vs. Sam Altman 7/13/26
Squawk on the Street
- Published
- July 13, 2026
- Duration
- 43:22
- Summary source
- description
- Last updated
- Jul 14, 2026
Discusses openai, agents, investing.
Summary
Stephen Scherr, Co-President of single-family home owner Pretium, joins to discuss the impact of the housing affordability bill that just became law over the weekend. Then, ProCap Financial CEO Anthony Pompliano discusses the success of the company's personal finance AI agent, "Silvia." Plus, we break down the latest drama between Elon Musk and Sam Altman…
Chips sell off on SK Hynix fears, Apple sues OpenAI sparking Musk-Altman drama, housing affordability bill becomes law, Trump's Hormuz blockade jolts oil markets, and ProCap's Pompliano touts AI finance agent Sylvia hitting $50B in assets.
Key takeaways
- SK Hynix's record 15% single-day drop in Seoul triggered broader chip sector selloffs in the US, with Micron, Sandisk, AMD, and Intel all declining, as investors question the durability of AI-driven memory demand despite strong fundamentals.
- ProCap Financial's AI personal finance agent Sylvia surpassed $50 billion in assets under management in just 14 months, signaling strong demand from self-directed investors who prefer AI-driven insights over traditional financial advisors.
- The 21st Century Road to Housing Act became law, grandfathering existing institutional single-family rental holdings and allowing continued capital deployment under new parameters, providing regulatory certainty that could reignite housing starts and private capital investment.
Why this matters
For B2B professionals and institutional investors, the convergence of AI disruption in financial services, regulatory clarity in housing markets, and semiconductor sector volatility signals a pivotal reallocation of capital across technology, real estate, and alternative asset classes.
Entities
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11AM Hour: Pretium Co-President on New Housing Law, Anthony Pompliano on Personal Finance AI Agent & Elon Musk vs. Sam Altman 7/13/26
Squawk on the Street
July 13, 2026
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Show notes
Stephen Scherr, Co-President of single-family home owner Pretium, joins to discuss the impact of the housing affordability bill that just became law over the weekend. Then, ProCap Financial CEO Anthony Pompliano discusses the success of the company's personal finance AI agent, "Silvia." Plus, we break down the latest drama between Elon Musk and Sam Altman that unfolded over the weekend after Apple sued OpenAI. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adsw
Themes
- openai
- agents
- investing