In short
Daily pre-market briefing (3/4/2026) covering geopolitics, tech/employment safety, earnings, retail results, and potential meatpacking regulation.
Guests
None named; host is Keith Lansford (Charles Schwab Market Update). Key claims/examples: President Trump says the U.S. will provide insurance to tankers in the Persian Gulf to keep traffic moving through the Strait of Hormuz; tech firms (NVIDIA, Amazon, Alphabet) are scrambling to ensure employee safety in the Middle East, including NVIDIA temporarily closing Dubai offices and moving staff to remote work per a Jensen Huang email reviewed by CNBC; CrowdStrike beats analyst estimates with Q4 sales up 23% YoY; Ross Stores jumps after beating earnings/revenue expectations; Democratic lawmakers (Chuck Schumer) reportedly preparing legislation to prohibit meatpackers from processing more than one kind of meat, potentially breaking up companies.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOKey Market Updates and News
0:58 to 2:15
Discover important updates on U.S. tankers, tech companies, and earnings reports.
“And this is five things to know before today's opening bell.”
Transcript
Automatic transcript. May contain errors.0:28Your data lives everywhere. An original podcast from Charles Schwab. Join host Keith Lansford for this information-packed daily market preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com slash market update podcast, or find Schwab Market Update wherever you get your podcasts. Hi, I'm Joe Kernan, co-host of Squawk Box. And this is five things to know before today's opening bell. President Trump saying that the U.S. will provide insurance to tankers in the Persian Gulf to get traffic moving through the Strait of Hormuz.
1:14You can see we were we had a five handoff very briefly on crew now, almost 75. NVIDIA, Amazon, Alphabet, among the tech companies that have been scrambling to ensure the safety of their employees who are based in or traveling through the Middle East. NVIDIA has temporarily closed its Dubai offices with employees there working remotely. All this is according to an email from Jensen Wong to employees that was reviewed by CNBC. And cybersecurity company CrowdStrike, beating analyst earnings and revenue estimates. Its fourth quarter sales jumped 23 percent year over year. Off-price retailer Ross Storrs jumping after it beat Wall Street earnings and revenue expectations.
1:59Finally, Democratic lawmakers are reportedly working on a proposal that could lead to the breakup of U.S. meatpacking companies. A Wall Street Journal reports that Senate Minority Leader Chuck Schumer is preparing legislation that would prohibit companies from processing more than one kind of meat. We'll be back later today with an all-new Squawk Pod. our daily podcast featuring the best of Squawk Box. Check it out wherever you get your podcasts and listen anytime.
2:48and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com slash market update podcast, or find Schwab market update wherever you get your podcasts.
From the publisher
President Trump says the U.S. will provide insurance to Persian Gulf tankers to ease the traffic slowdown in the Straight ot Hormuz, tech companies are scrambling to ensure safety of employees in the Middle East, cybersecurity company Crowdstrike beat analysts’ expectations for the fourth quarter, Ross Stores seeing an uptick in shoppers at the off-price retailer, and Democratic lawmakers are potentially working on a proposal that could lead to the breakup and American meatpacking companies
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