5 Things to Know Before the Opening Bell 2/9/2026

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1:05Hong Kong media tycoon Jimmy Lai sentenced to 20 years in prison under a China-imposed national security law that has reshaped the city's political landscape. Lai is a China critic and the founder of the now shut down Apple Daily newspaper. President Trump's endorsing Nextar's media's proposed$6.2 billion acquisition of Tegna. In November, the president had come out against that deal and the potential for more TV industry consolidation. You can see shares of Tegna up by about 4.8 percent this morning. And shares of Wegovy maker Novo Nordisk are jumping today, right now up by 6.7 percent, after hims and hers said that it would pull its copycat weight loss pill off the market.

1:51Nova Nordisk and the FDA had threatened legal action against him and hers. Hims and hers now off by about 15 percent. Bloomberg is reporting that fintech company Block may lay off up to 10 percent of its workforce. A grocery giant Kroger reportedly planning to hire former Walmart U.S. CEO Greg Foran to be its next chief. Kroger has been searching for a permanent leader for nearly a year after longtime CEO Rodney McMullen was ousted for an undisclosed ethics violation. 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.

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