In short
Squawk Pod - Episode Summary: 5 Things to Know Before the Opening Bell 8/22/2025
Podcast Overview Podcast Title: Squawk Pod Description: A daily curation of top moments and insights from CNBC’s flagship morning show, “Squawk Box.” Hosted by Joe Kernen, Becky Quick, and Andrew Ross Sorkin, the podcast features news-making interviews, analysis from guest hosts, and lively discussions.
Episode Highlights Key Updates Before the Market Opens
- Workday's Financial Guidance
- Workday, a provider of HR and finance software, has warned investors of pressures affecting its business.
- Stock Performance: Shares down by 4.2%.
- Ross Stores Earnings Report
- Ross Stores reported strong quarterly profits and reinstated its annual earnings forecast.
- Stock Performance: Shares up by approximately 2%.
- Zoom's Financial Outlook
- Zoom has raised its annual revenue and profit forecast.
- Stock Performance: Shares up by about 5.25%.
- NBCUniversal and MLB Talks
- NBCUniversal is reportedly in negotiations to carry Major League Baseball games on NBC and Peacock.
- Deal Value: Estimated to be around $200 million per year.
- Government Design Chief Appointment
- President Trump is set to appoint Joe Gebbia, co-founder of Airbnb, as the first Chief Design Officer of the U.S. government.
- Executive Order: Aims to create a national design studio to enhance the efficiency of government digital services (e.g., tax filing, Social Security applications).
Discussion Points
- Workday's Challenges: Analyzing the implications of Workday's guidance on investor sentiment and the broader market.
- Retail Sector Resilience: Highlighting the positive trajectory of Ross Stores amidst challenges in the retail sector.
- Zoom's Growth Potential: Understanding Zoom's strategic shift to raise forecasts and what it indicates about future demand.
- Broadcasting Sports: The significance of NBCUniversal's potential agreement with MLB in the context of digital streaming and sports broadcasting.
- Design in Government: The potential impact of appointing a design expert like Joe Gebbia to improve user experience in government services.
Key Takeaways
- The podcast provides a focused snapshot of critical market movements and corporate announcements directly impacting investors and the economy.
- The discussions around government design initiatives reflect a growing trend of incorporating user-centered design in public services.
- The episode underscores the interplay between market performance, corporate earnings, and broader economic policies.
Closing Remarks
- The episode ends with a reminder to stay tuned for more insights and analyses available through the Squawk Pod, highlighting its role in keeping listeners informed.
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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 with Andrew Ross Sorkin, and this is five things to know before the opening bell. Shares of finance and HR software provider Workday are lower after the company issued guidance that was in line with expectations and warned of pressure in some areas of its business. You can see that stock down by 4.2 percent. Meantime, Ross shares are higher. The retailer topped quarterly profit estimates and reinstated its annual earnings forecast, and that stock is up by about 2 percent. Zoom shares also higher this morning. the company raising its annual revenue and profit forecast, and that stock's up by about five and a quarter percent.
0:39CNBC parent company NBC Universal is reportedly in talks with Major League Baseball to carry games on NBC and Peacock. The Wall Street Journal says that the three year deal would be worth about 200 million dollars a year. And reports say President Trump will appoint Airbnb co-founder Joe Gebbia as the government's first design chief. The president signing an executive order to create a national design studio. It will be focused on making the government's digital services more efficient. Yeah, read Doge there. This might include improving websites and online tools like income tax filing, Social Security applications, and Medicare enrollment.
1:17And that would be a good thing. It would be a great thing. I've known Joe for a long time, and I will tell you he's a brilliant designer. He has a great eye. He has a great sort of aesthetic. when you really look at what, obviously, Airbnb has done, along with Brian Chesky, of course, who, by the way, has also done a lot of work over the years with Johnny Ive. So there's a lot. I mean, anything to make it look better, feel better, make it easier for people to use it. And to have somebody of that quality in the government doing this is a mitzvah. So thank you, Joe. We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box.
1:56Stay tuned to your feed wherever you get your podcasts and listen anytime.
From the publisher
The 5 things you need to know before the stock market opens today: Workday has warned investors of pressure on its HR and finance software business, Zoom and Ross Stores reported strong earnings, NBCUniversal is reportedly in talks to carry MLB games on NBC and Peacock, and The White House is bringing Airbnb co-founder Joe Gebbia into the administration as Chief Design Officer.
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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