Summary3 min read

Becker Business: Boeing, Nokia, Trump, & Intel

Host: Scott Becker
Date: October 29, 2025

Episode Overview

In this episode, Scott Becker provides a succinct rundown of the latest business headlines, focusing on major movements and news regarding Nokia, Boeing, former President Trump’s commentary on the Federal Reserve, and Intel’s noteworthy market performance. The discussion reflects on market surges, company turnarounds, and the intersection of politics and economics, all delivered in Becker’s straightforward and engaging tone.

Key Discussion Points & Insights

1. Nokia’s Surprise Surge

[00:12]

Nokia, once a dominant Scandinavian phone maker, saw its stock jump 23%.
- Reason: Nvidia announced a planned $1 billion investment in Nokia.
Nostalgic mention of Nokia’s legacy:

"It's a name I think we've not heard in a long time. It used to be one of the great phone makers for those people my age that remember when Nokia was a great phone maker."
— Scott Becker [00:25]
Signifies a potential resurgence for Nokia, now bolstered by a major tech player’s backing.

2. Boeing’s Improving Trajectory

[00:35]

Boeing reported earnings showing a 30% revenue growth.
Despite growth, the company is still recording a significant loss:

"It still has a big loss, still about a $5 billion loss, but its revenues grew by 30%. So things seem to be moving in the right direction after many years at Boeing."
— Scott Becker [00:40]
The outlook is more positive for Boeing after a challenging period, hinting at a long-term recovery.

3. President Trump and Monetary Policy

[00:48]

Donald Trump criticized the Federal Reserve for not lowering rates quickly enough.
Context provided: The Federal Reserve is in a difficult position, tasked with fighting inflation amid substantial deficit spending.
A diplomatic nod to both leaders:

"But God bless Fed Chairman Powell and God bless President Trump."
— Scott Becker [00:59]
Illustrates the ongoing tension between fiscal policy, political rhetoric, and federal monetary strategies.

4. Intel’s Exceptional Performance

[01:08]

Intel saw another share price jump, now up 107% year to date.
Scott expresses amazement at Intel’s trajectory:

"It's now up 107% year to date. Again, fascinating to see what's going on with Intel."
— Scott Becker [01:10]
This highlights Intel as a standout performer among legacy tech companies in 2025.

Notable Quotes & Memorable Moments

Nokia’s return:

"It's a name I think we've not heard in a long time."
[00:18]
On Boeing’s progress:

"Things seem to be moving in the right direction after many years at Boeing."
[00:43]
Balancing Fed and Trump:

"God bless Fed Chairman Powell and God bless President Trump."
[00:59]
Intel’s rise:

"Fascinating to see what's going on with Intel."
[01:11]

Important Segment Timestamps

Nokia’s resurgence & Nvidia investment: 00:10 – 00:35
Boeing earnings and losses: 00:35 – 00:48
Trump on Federal Reserve rates: 00:48 – 01:03
Intel’s market performance: 01:08 – 01:16

Summary

Scott Becker’s rapid-fire update delivers insightful context on key players making waves in global business: Nokia’s surprise surge tied to Nvidia’s investment, Boeing’s upward revenue trend despite losses, the ongoing political dialogue over Federal Reserve policy, and Intel’s powerful rally in 2025. The episode offers concise, informative takeaways with a blend of nostalgia, analysis, and Becker’s signature positivity.

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Transcript1 lines

[00:00]
A
This is Scott Becker with the Becker Business, the Becker Private equity podcast. Today's discussion is Boeing, Nokia, President Trump, and Intel. So, so here's what's going on. First, Nokia, you know, the famous Scandinavian phone maker, jumped 23% yesterday as Nvidia decided that they're going to make an investment in Nokia. They're going to put about $1 billion into Nokia. This sent Nokia surging, which it's a name I think we've not heard in a long time. It used to be one of the great phone makers for those people my age that remember when Nokia was a great phone maker. Second, Boeing reported earnings and saw great growth in its revenues. It still has a big loss, still about a $5 billion loss, but its revenues grew by 30%. So things seem to be moving in the right direction after many years at Boeing. Third, President Trump, as usual, is on it, lambasting the Fed this week for not lowering rates quickly enough. Of course, the Fed's got an impossible job of fighting inflation when we're doing tremendous deficit spending. But God bless Fed Chairman Powell and God bless President Trump. Finally, fourth, intel jumped again yesterday. It's now up 107% year to date. Again, fascinating to see what's going on with Intel. Thank you for listening to the Becker Business, the Becker Private equity podcast, and you know, God bless America. Thank you very, very much.