
The 5 things you need to know before the stock market opens today: Netflix, Paramount and Comcast have all submitted bids for Warner Brothers Discovery, Nvidia shares under pressure have driven the markets lower, prediction market Kalshi has raised $1 billion in its latest fundraising round, the CEO of CrowdStrike has taken a stake in the Mercedes Formula One team, and a painting by Frida Kahlo sets records for female artists at auction. 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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At Janice Henderson Investors we believe working together is the way to work better. Like combining your portfolio plans and our in depth strategy, your valued assets and our valuable insights, your vision and our mission. Working in harmony to seek the right investment opportunities. JANICE Henderson Investors Investing in a brighter future together. Come to DSW for the shoes, stay for the fun. Because let's be honest, if shoe shopping isn't fun, are you even doing it right? So go ahead, try something new. Try something different, good different. Try something that feels like you, you know, the real you. And then definitely brag about it later. Because at dsw, you've got unlimited freedom to play. Find the shoes that get you at prices that get your budget. At DSW stores or@dsw.com Let us surprise you. Hi, I'm Andrew Sorkin, co host of Squawk Box with Becky Quick and this is five things to know before the opening bell. Starting with the bidding war for Warner Brothers, Discovery, Netflix, Paramount and Comcast, parent company of this network, submitting offers by yesterday's deadline. Netflix and our own parent company Comcast are said to want the company's studio and streaming businesses. David Ellison wants to combine the entire company with Paramount to create a counterweight to to some of the tech giants. So we're going to see how all of this pans out. Meantime, we're watching shares of Nvidia this morning. This after yesterday's reversal contributed to what was a big market sell off. The stock is lower again this morning in premarket trading, down by more than 6.5% week to date. And prediction market Kalsi has now raised $1 billion in its latest fundraising round at a valuation of $11 billion, according to TechCrunch. That round coming less than two months after its previous fundraiser at $5 billion valuation. And the CEO of CrowdStrike has taken a stake in the Mercedes AMG Formula One team. The deal valuing the Mercedes, valuing that Mercedes team at $6 billion. And a painting by a Mexican painter, Frida Kahlo, selling for $54.7 million, most ever for a female artist at auction. The 1940 canvas called the Dream. The bed is a self portrait of her sleeping, the dream also becoming the world's priciest Latin American artwork, topping the price of another of her portraits that was sold back in 2021. Pretty cool. It is. 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 any. Holiday PSA from dsw. This is a reminder that shoes are a gift. Literally. So unwrap something good, like boots that inspire your next big adventure. Or cozy slippers that give you an excuse to stay in. Or sneakers that feel like pure joy. Because shoes aren't just shoes, they're exactly what you wanted. Let us surprise you so you can surprise them. Find shoes that get you and everyone on your list at prices that get your budget at DSW stores or dsw. Com.
In this concise “Five Things to Know Before the Opening Bell” edition of Squawk Pod from CNBC, co-host Andrew Ross Sorkin delivers a brisk rundown of the top business news and market-moving stories set to shape the day. This daily segment distills critical headlines from the Squawk Box team, offering listeners must-know insights on M&A drama in media, chipmaker stock moves, venture capital surges, Formula One investment plays, and record-breaking moments in the art world—all before markets open.
On Media Consolidation:
"We're going to see how all of this pans out."
— Andrew Ross Sorkin [00:58]
On Frida Kahlo’s Legacy:
"The dream also becoming the world's priciest Latin American artwork, topping the price of another of her portraits that was sold back in 2021. Pretty cool. It is."
— Andrew Ross Sorkin [02:00]
The episode maintains the brisk, informative, and slightly conversational tone typical of CNBC’s Squawk Box, providing headline-driven updates with insightful context but little editorializing.
This episode delivers a fast-paced, essential overview of the news that could shape market sentiment and headlines as the day begins—spanning media M&A, tech stock volatility, the rise of prediction markets, sports investments from tech leaders, and groundbreaking auction results in the art world. Perfect for listeners seeking an actionable, informed start to their trading day.