In short
Squawk Pod Episode Summary: 5 Things to Know Before the Opening Bell (10/24/2025)
Podcast Overview Podcast Title: Squawk Pod Description: A daily curation of top moments from CNBC's "Squawk Box," hosted by Joe Kernen, Becky Quick, and Andrew Ross Sorkin, featuring news, interviews, and analysis.
Episode Details Episode Title: 5 Things to Know Before the Opening Bell Release Date: October 24, 2025 Hosts: Becky Quick, Joe Kernen, Andrew Ross Sorkin
Key Highlights
- U.S. Government Shutdown
- Current Status: Day 24 of the government shutdown.
- Impact: Many federal workers are missing their first full paycheck due to the prolonged shutdown.
- Intel's Financial Recovery
- Performance: Intel reports a return to profitability with:
- Revenue: $13.6 billion (exceeded estimates of $13.1 billion).
- Stock Movement: Increased by 7.7%.
- Guidance: Fourth-quarter outlook aligns with market expectations.
- Ford Motor Company Update
- Earnings Report: Ford's earnings surpass estimates.
- Adjustment: Lowered full-year guidance due to production disruptions caused by a supplier fire affecting large trucks and SUVs.
- Stock Movement: Currently up by about 3%.
- CEO’s Statement: Jim Farley optimistic about recovery next year.
- Deckers Outdoor Corporation
- Performance: Parent company of Hoka and Ugg Shoes reported:
- Earnings/Revenue: Exceeded estimates.
- Forecast: Revenue guidance lower than expected amid rising consumer caution.
- Stock Movement: Stock down by 11.25% following the announcement.
- Applied Materials Job Cuts
- Workforce Reduction: Cutting 1,400 jobs (approximately 4% of workforce).
- Reason: Attributed to automation and geographic shifts within the company.
Conclusion
- The episode provides critical insights into the current financial landscape as it relates to key companies and the ongoing government shutdown, highlighting the impact of external factors on corporate performance and labor markets.
- Tune in for further updates and analysis in upcoming episodes of *Squawk Pod*.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:01Hi, I'm Becky Quick, co-host of Squawk Box, and this is five things you need to know before today's opening bell. An update on the government shutdown now on day 24. Today, many federal employees are expected to miss their first full paycheck since the shutdown began. Shares of Intel are rising, the company returning to profitability in its most recent quarter. Revenue of$13.6 billion, beating estimates of$13.1 billion. Fourth quarter guidance was roughly in line with expectations. That stock is up big by 7.7 percent. In the meantime, shares of Ford Motor are also higher. the company's earnings beating estimates, but it's lowered its full year guidance because of the impact of a supplier fire, which is disrupting production of its large trucks and SUVs.
0:47Jim Farley did say they think they'll make it up next year when things are back up and running and back online. That stock right now up by about 3%. Shares of Decker's Outdoor are sharply lower. The maker of Hoka and Ugg Shoes reporting earnings and revenue that beat estimates, but the revenue forecast came in lower than expected, and the company sees more consumer caution ahead. And as a result, that stock is off by 11.25%. Applied Materials is cutting 4 % of its workforce, or about 1 ,400 jobs. The chipmaker says the cuts are a result of automation and geographic shifts. We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box.
1:28Stay tuned to your feed wherever you get your podcasts and listen anytime. Thank you.
From the publisher
The U.S. government shutdown hits day 24 and many federal workers will miss a paycheck today, Intel has returned the profitability, Ford has lowered full-year guidance due to a supplier fire, Hoka and Uggs parent company Deckers see caution from consumers, and chipmaker Applied Materials is cutting 1,400 jobs.
Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.
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