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Squawk Pod

5 Things to Know Before the Opening Bell 10/22/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 22 October 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

CNBC reports that Walmart is pausing hiring of candidates that require H-1B visas, Barclays raised guidance and announced a surprise share buyback, Western Alliance Bancorp’s results beat most estimates despite bad loans and alleged fraud, LVMH is reportedly exploring a sale of its 50% stake in Rihanna’s makeup brand Fenty, and Microsoft CEO Satya Nadella’s annual pay has risen to $96.5 million. 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, and this is five things you need to know before today's opening bell.

0:08.8

Source telling CNBC, Walmart is pausing hiring of candidates that require H-1B worker visas.

0:15.3

Walmart was the ninth largest corporate recipient of H-1Bs in America in fiscal 2025.

0:21.1

President Trump hit applications with a new $100,000 fee last month.

0:26.6

In a statement to CNBC, a Walmart spokesperson said Walmart is committed to hiring and investing

0:31.6

in the best talent to serve our customers while remaining thoughtful about our H-1B hiring

0:36.6

approach. British Bank Barclays raising guidance and announcing a 500 million-million-pound share buyback, that stock up by 4.5%.

0:45.3

Regional Bank Western Alliance reporting a more than 27% increase in profits year over year. The bank reassuring investors an alleged fraud tied

0:55.3

to a real estate investor group did not hurt the bank's overall performance, and that stock is up

1:00.4

by 2.8%. Luxury giant LvMH is exploring a sale of its 50% stake in Fenty Beauty, which

1:08.1

it co-owns with Grammy Award winning singer Rihanna.

1:11.9

That's according to Bloomberg.

1:13.6

And Microsoft CEO, Saja Nadella, getting a big pay bump as the company's stock continues to rally.

1:19.7

Nadella's pay for fiscal 2025, climbing 22% to more than $96 million, including more than $84 million in stock awards.

1:29.4

We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box.

1:35.2

Stay tuned to your feed, wherever you get your podcasts, and listen anytime.

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