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Squawk Pod

5 Things to Know Before the Opening Bell 10/10/2025

Squawk Pod

CNBC

Business News, Business, Investing, News

4.2543 Ratings

🗓️ 10 October 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

China is opening a probe in Qualcomm for allegedly violating antitrust laws, Levi Strauss reports higher profits despite tariff costs, Ford is backtracking on an electric vehicle tax credit program, President Trump is considering billionaire entrepreneur Jared Isaacman as next NASA head, and the Nobel Peace Prize has been awarded to Venezuelan opposition leader Maria Corina Machado. 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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Joe Kernan, co-host a swackbox, and this is five things to know before today's opening bell.

0:09.2

China opening a probe into Qualcomm for allegedly violating antitrust laws, according to the country's market regulator.

0:17.4

The investigation centers on Qualcomm's purchase in June of a vehicle technology

0:23.1

company called Auto Talks. Levi Strauss reporting results that were above estimates. Profits

0:30.1

are growing more than expected despite some higher costs from the tariffs, thanks to some targeted

0:35.5

price increases and a shift away from wholesalers. The shares,

0:39.4

though, trading lower this morning, but the stock had jumped more than 40% this year.

0:46.4

Reuters reporting that Ford is backtracking on a program that would have allowed dealers

0:51.1

to offer customers $7,500 tax credits on electric vehicles.

0:57.6

And CNBC is told that President Trump has met with Jared Isaacman to talk about another potential

1:03.5

nomination for the billionaire to lead NASA.

1:06.7

Isaacman was nominated in December, but that pick was later pulled.

1:11.4

And the Nobel Peace Prize has been awarded to Maria Karina Machado.

1:16.3

She is Venezuela's opposition leader.

1:19.5

She won the prize for promoting democratic rights in Venezuela.

1:22.9

She's been in hiding for several months for fear of arrest.

1:26.9

We'll be back later today with an all-new Squawk Pod, our daily podcast,

1:31.3

featuring the best of Squackbox.

1:33.1

Check it out wherever you get your podcast and listen anytime.

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