Hi, I'm Becky Quick, co-host of Squawk Box, and this is five things you need to know before

today's opening bell. The Fed will announce its latest interest rate decision that's coming at 2 p.m.

Eastern time. Investors expecting no change in the federal funds rate, but we will be paying close

attention to Fed Chair J. Powell's news conference for any clues about the

future of rate paths. Elevance Health, formerly known as Anthem, out with its fourth quarter

results. Those earnings beat expectations. Revenue was a little bit light. Elevance shares, though,

were down 14 percent yesterday after the Trump administration proposed nearly flat rates for Medicare

Advantage insurers for this year. Other health insurers also saw big losses, and this morning,

you can see Elevance Health down by another 6.5%. South Korea's S.K. Heinix moving higher after

earnings, the company reported record full-year profit. It also announced that it will be setting up a new U.S.-based company focused on AI.

Shares of Dutch chip giant, ASML, popping after the company reported orders that more than doubled analyst expectation.

That stock right now up by about 6%. And then you have Texas Instruments, earnings,

and revenue missing estimates, but the current quarter guidance that it's giving is lifting the

stock. It's up by about 8.5%. Texas Instruments is projecting growth of 4.3 to 4.7 billion in the

current quarter. Those gains by ASML and Texas instruments

lifting the entire chip sector right now.

You can see these gains across the board,

Western Digital, up by about 8% Seagate,

up by close to 10.5%.

We'll be back later today with SquakPod,

our daily podcast,

featuring the best of Squawk Box.

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