In short
Squawk Pod Episode Notes
Episode Title
5 Things to Know Before the Opening Bell 11/5/2025
Podcast Overview Squawk Pod is a daily podcast that highlights key moments and insights from CNBC's flagship morning show, Squawk Box, hosted by Joe Kernen, Becky Quick, and Andrew Ross Sorkin. The podcast is designed to provide listeners with important financial news and analysis, featuring interviews and discussions from the show.
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Episode Summary In this episode, Becky Quick outlines five significant financial updates to prepare listeners for the market opening on November 5, 2025.
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Key Updates
- AMD Earnings Report
- Performance: AMD reported better-than-expected earnings and revenue for the third quarter.
- Market Reaction: Despite positive earnings, the stock fell approximately 5.5% after Amazon disclosed it sold all of its 822,000 shares in AMD.
- Pinterest Stock Plunge
- Earnings Report: Pinterest’s quarterly report revealed profits below expectations and weak future guidance.
- Impact: The stock price dropped nearly 18% in morning trading following the announcement.
- Rivian's Financial Performance
- Earnings Report: Rivian reported a smaller-than-expected adjusted loss and revenue that exceeded estimates.
- Gross Profit: The company achieved a gross profit of $24 million, while analysts had anticipated a loss exceeding $38 million.
- Market Reaction: Rivian shares rose by 3% in response to the positive earnings report.
- Papa John's Stock Update
- Market Movement: Following a 10% drop in the previous trading session, Papa John’s stock fell an additional 1%.
- News: This decline was attributed to the withdrawal of Apollo Global's bid to take Papa John’s private.
- Political Update: Jared Isaacman
- Nomination: President Trump has re-nominated Jared Isaacman to lead NASA, having previously pulled the nomination due to conflict with Elon Musk, Isaacman’s friend.
- Reactions: Elon Musk expressed support for the nomination with a tweet featuring a heart emoji.
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Additional Information
- Becky Quick closes the episode with a teaser for the upcoming podcast content, encouraging listeners to stay tuned for more insights and analysis later in the day.
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Conclusion This episode of Squawk Pod provides essential financial insights and updates that could influence market movements. The discussions around AMD, Pinterest, Rivian, Papa John's, and the re-nomination of Jared Isaacman underscore the interconnectedness of corporate performance, market sentiment, and political dynamics.
For more updates and insights, listeners are encouraged to follow Squawk Pod and tune into the podcast regularly.
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. First up, AMD posting better than expected earnings and revenue and offering upbeat guidance. Separately, Amazon disclosed yesterday that it had sold all of its 822 ,000 shares in AMD. Net result, that stock is off by about 5.5 % this morning. Pinterest shares plunging after the company reported profit that was below expectations and gave weak guidance. That stock down by close to 18 % this morning. And then you've got EV maker Rivian reporting a smaller than expected adjusted loss.
0:38Revenue with the company topping estimates. The gross profit came in at$24 million. The street had actually expected a loss of more than$38 million. And as a result, Rivian shares are up by 3%. Then you take a look at the stock of Papa John's. It's coming off of a 10 % drop in yesterday's trading after a Reuters report said that Apollo Global has withdrawn its offer to take the pizza chain private. That stocked down another 1 % this morning. And President Trump has re-nominated Jared Isaacman to run NASA after pulling his prior nomination months ago. Isaacman is friends with Elon Musk. Back in May, Trump pulled his nomination amid a spat with the Tesla CEO.
1:20Yesterday, Elon Musk was happy about this, tweeting out a heart emoji. We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box. Stay tuned to your feed wherever you get your podcasts and listen anytime.
From the publisher
AMD posted better than expected earnings in the third quarter, Pinterest shares are plunging after that company’s quarterly report, EV maker Rivian posted a surprise gross profit in the past quarter, Apollo has reportedly withdrawn its offer to take Papa John’s private, and President Trump has renominated Jared Isaacman after having pulled that nomination in May amid the President’s spat with Isaacman friend, Elon Musk.
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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