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Squawk Pod

5 Things to Know Before the Opening Bell 1/5/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 5 January 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: Chevron and Exxon are seeing shares rising after the U.S. capture of Venezuelan leader Maduro, airlines are adding extra flights to ferry passengers stranded in the Caribbean since that military operation, Philadelphia Federal Reserve President Anna Paulson says more interest rate cuts could be a ways off, Tesla under pressure after missing fourth quarter delivery expectations and the third “Avatar” film maintains box office dominance. 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.

Transcript

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0:00.0

Hi, I'm Becky Quick, co-host of Squawk Box with Andrew Ross Sorkin and Joe Kernan, and this is five things to know before the opening bell.

0:09.4

First up, Chevron and Exxon Mobil shares both rising this morning following the U.S. capture of Venezuelan leader Nicholas Maduro.

0:17.5

President Trump wants U.S. oil companies to lend their expertise and their money in terms of pumping

0:23.4

Venezuelan crude. Chevron is the only U.S. major currently pumping in Venezuela. Its shares are up by

0:29.2

7.5% while ExxonMobil shares are up by 4.5%. Airlines adding extra flights to ferry passengers

0:36.9

stranded in the Caribbean following the U.S.

0:39.1

operation in Venezuela.

0:41.3

And Philadelphia Fed President Anna Paulson says that more interest rate cuts could be a ways

0:46.0

off while central bankers monitor the economy.

0:49.0

At a speech in Philadelphia, Paulson said that she sees inflation moderating the labor

0:53.9

market stabilizing and growth coming in around 2% this year.

0:58.2

She said if that happens, some modest adjustments to the funds rate could be appropriate later this year.

1:04.1

Check out shares of Tesla this morning.

1:06.1

Right now it looks like that stock is moving up by about 1.6%.

1:11.3

It fell more than 2.5% on Friday after Tesla reported fourth quarter deliveries that missed expectations.

1:18.7

And the third avatar film maintaining its box office dominance, earning about $40 million at the weekend U.S. box office.

1:26.3

It's now grossed a billion dollars worldwide

1:29.3

anna poulson okay yeah all right i just getting figuring out who's who yeah no hey putting that in my

1:37.2

mom putting that in my brain i'm thinking from andrew putting that in my brucean replacing was it harker

1:43.7

or a guy who i just finally had in in my pet Anna Paulson replacing... Was it Harker? Or my...

1:45.0

A guy who I just finally had in my Patrick Harker.

1:49.0

Yeah.

...

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