meta_pixel
Tapesearch Logo
Log in
Squawk Pod

5 Things to Know Before the Opening Bell 11/24/2025

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 24 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: airports expect the busiest day of the holiday travel week to be the Sunday after Thanksgiving, DOGE has been officially dissolved ahead of schedule, Kohl's is keeping its interim CEO on as CEO proper, the FBI is investigating a hack of SitusAMC, a technology vendor for real estate lenders, and Eli Lilly has become the first health care company to reach a $1 trillion market cap. 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 Andrew Ross Sorkin, co-host of Squawk Box. Today, I'm with Joe Kernan, and this is

0:06.6

five things to know before today's opening bell. U.S. Airlines predicting a record-breaking

0:12.1

Thanksgiving travel period with 31 million people taking to the skies. The busiest day expected

0:17.4

to be the Sunday after Thanksgiving with 3.4 million passengers.

0:21.9

Meantime, the Department of Government Efficiency, it now has ceased to exist. It was supposed to be

0:26.8

in operation until July of next year, but the Trump administration's chief human resources

0:31.5

officer now saying the initiative has come to an end. He said it's up to individual agencies

0:36.7

to carry out Doja's cost-cutting mission.

0:39.9

And new reports say that Coles will name its interim CEO, Michael Bender, as its permanent

0:44.6

CEO. This after interviewing several candidates for that role, Bender has served as interim chief

0:48.9

since the spring has been on the board since 2019. And the FBI says that it's investigating a recent banking sector

0:56.5

hack attack targeting Citus AMC. That's a tech vendor for real estate lending that counts JPMorgan,

1:04.3

Citigroup, and Morgan Stanley as clients. The agency is saying that the firms learned of that

1:09.4

breach on November 12th, and it is now

1:12.2

they're saying contained. And Eli Lilly reaching a market valuation of $1 trillion, that's with a

1:18.0

T, in trading on Friday, becoming the first health care company and only non-tech company other than

1:24.1

Berkshire Hathaway in the trillion dollar club. But it's pulling back this

1:27.8

morning after rival Novo Norteur said its semi-glutide trial did not reduce Alzheimer's progression,

1:35.0

which is a disappointment for a lot of folks who've been looking in that drug,

1:38.4

hoping that some of those expectations might be met, Joe.

1:43.2

Government one, Doge zero, looks like.

1:46.0

It's impossible.

...

Transcript will be available on the free plan in 8 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.