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Squawk Pod

5 Things to Know Before the Opening Bell 11/19/2025

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 19 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: Nvidia third quarter results are due after the bell, Congress approved legislation to compel the Department of Justice to release all records related to the late sex offender Jeffrey Epstein, the Trump Administration is working on shutting down the Department of Education, an airline trade group wants plans to pay air traffic controllers in future government shutdowns, and a massive sale at Sotheby’s – a Gustav Klimt painting sells for more than $236 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 Joe Kernan, co-host of Spockbox with Andrew Ross Sorkin, and this is Five Things to Know before the opening bell.

0:08.2

Third quarter results are due this afternoon from Bellwether, NVIDIA, the AI Bellwether.

0:14.5

Congress approving legislation to compel the Justice Department to release all records related to the late convicted sex offender Jeffrey

0:22.7

Epstein. The bill will be sent to President Trump for his signature, which he said he will do.

0:28.7

We'll sign. The Trump administration taking another step in its effort to shut down the

0:33.2

Department of Education, the department will hand off some of its biggest grant programs to other federal agencies.

0:39.3

And the head of an airline trade group planning to tell senators today that air traffic controllers should be paid during future government shutdown.

0:48.3

Then they might never end though, because sometimes that's what forces the hand.

1:02.6

And this is, I looked at it and I can see it almost, versus some of the other art that we question.

1:07.2

That is one beautiful piece of art, a record in the art world.

1:14.7

This is a Klimt, a Gustav, a Klimt portrait sold for more than $236 million.

1:20.9

It's a record at Sotheby's. It makes a painting the most expensive modern work of art ever sold at auction. And you might not be able to tell it's worth that much, but you put that in a great place, in a great room,

1:32.0

and it probably almost feels like it's worth that.

1:35.4

You know, and it's beautiful.

1:38.0

You have an eye for things like that?

1:39.3

Maybe I have more of an eye now.

1:41.1

I have people I know that are into art.

1:44.5

Into art.

1:45.5

In a big way.

1:46.5

I don't know what I...

1:48.0

That's not moving me.

1:50.5

You like the one with the line, the yellow up here, and then a line here and then red on the bottom or something like...

...

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