
The 5 things you need to know before the stock market opens today: Homeland Security announces bonus checks for TSA officers, Boeing defense workers approve a new contract, Verizon plans more layoffs, SoftBank shares continue to fall after the company disclosed it sold its entire Nvidia stake, and Blue Origin is bound for Mars. 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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I'm Andrew Osrkin, co host of Squawkbox, along with Joe Kernan and Becky Quick and this is five things to know before today's opening bell. Homeland Security Secretary Kristi Noem announcing $10,000 bonus checks now for TSA officers who worked without pay during the six week government shutdown. She called the payments a reward for exemplary service under strain and Boeing defense workers have approved a new contract that will end a more than three month strike that has delayed the production of fighter jets and other programs. Includes 24% wage increases over five years. Workers expected to return to factories as soon as Sunday and Verizon is planning to cut about 15,000 jobs as it faces fierce competition for wireless service and home Internet customers. The cuts are set to take place in the next week and shares of SoftBank falling for the third straight day. This after the company revealed that it sold its entire stake in Nvidia for $5.8 billion. This week's decline adding to losses from last week. The stock is down now more than 25% since November 1st. And take a look at this, a milestone for Blue Origin. It launched its orbital rocket for the first time with cargo and landed the rocket's booster on a barge. And in the Atlantic Ocean, the company's new Glenn rocket, deploying two NASA science satellites that will fly to Mars and study the planet's atmosphere. And it was a huge day for Blue Origin and the whole space ecosystem as a new real competitor emerges, if you will, in the space race, something that Jeff Bezos and that team has been working on for a very, very long time. It was a very big moment for them.
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You hear the applause, I suppose, in the control room?
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Yeah, it was. I mean, if you get a chance, go online and watch it just to see the smiles on everybody's face and you could just see this is one of those things where people spend years to work on to get something like this to happen. And it was, it was really. It'll almost make you tear up to watch, honestly.
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You ever need to send packages up to Mars, But Amazon's ready, I guess, right? Quick delivery to Matt Damon so he.
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Won'T have to eat prime.
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Potatoes grown in.
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Grown in the zone. Feces.
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Yeah. We're gonna be back later today with an all new Squawk Pod, our daily podcast featuring the Best of Squawk box. Check it out wherever you get your podcast and listen anytime.
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In this episode of Squawk Pod, Andrew Ross Sorkin, along with Joe Kernen and Becky Quick, delivers a curated roundup of the morning's top business headlines and market-moving stories. The team provides quick, insightful takes on the most important developments in corporate, government, and tech news, all before the opening bell. Major topics of the day include a significant government bonus payout, labor developments at Boeing, massive layoffs at Verizon, SoftBank’s dramatic market moves, and Blue Origin’s historic rocket launch.
On Blue Origin’s milestone:
“You could just see, this is one of those things where people spend years to work on to get something like this to happen… It'll almost make you tear up to watch, honestly.”
— Andrew Ross Sorkin [02:43]
On Amazon delivering to Mars (lighthearted banter):
“You ever need to send packages up to Mars, but Amazon's ready, I guess, right? Quick delivery to Matt Damon so he…”
— Joe Kernen [03:02]
“…Won't have to eat prime…”
— Andrew Ross Sorkin [03:10]
“…Potatoes grown in—”
— Becky Quick [03:13]
“Grown in the zone. Feces.”
— Andrew Ross Sorkin [03:14]
(A reference to the movie "The Martian")
The episode maintains Squawk Box’s signature blend of fast-paced financial news, crisp analysis, and lighthearted exchanges. The team jumps seamlessly between hard news and in-studio banter, providing helpful context while keeping the energy engaging and conversational.
This episode provides a concise yet thorough update on the stories that will shape the market day, from rewarding frontline government workers to labor wins in defense, major telecom layoffs, a headline-making stock move, and a genuinely historic moment for private spaceflight. The hosts’ mix of gravity and humor, especially around Blue Origin’s Mars launch, keeps the coverage both informative and entertaining for listeners who want to be market-ready before the opening bell.