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Squawk Pod

5 Things to Know Before the Opening Bell 11/3/2025

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 3 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Berkshire Hathaway reporting a sharp rebound in earnings in the third quarter, President Trump says Nvidia’s most advanced semiconductor chips should be reserved for the U.S., Treasury Secretary Scott Bessent says SNAP food benefits could restart this week, OPEC+ has agreed to a small increase in monthly crude oil output, and Canadian Prime Minister Mark Carney is apologizing for the province of Ontario’s political ad featuring footage of former President Ronald Reagan criticizing tariffs. 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, and this is five things to know before today's opening bell.

0:08.5

Brookshire Hathaway reporting a sharp rebound in earnings.

0:11.4

That's in the third quarter, operating profit at Warren Buffett's company rising,

0:14.6

34%.

0:16.1

Meanwhile, President Trump's saying the NVIDIA's most advanced semiconductors should be reserved for the U.S.

0:21.4

in an interview that aired last night on 60 Minutes, the president said U.S. companies should be the only ones who have access to NVIDIA's Blackwell AI chips.

0:30.5

And Treasury Secretary Scott Best and says that SNAP food benefits could restart on Wednesday.

0:35.8

Federal judges ruled on Friday that the Trump administration,

0:39.5

excuse me, must use emergency funds to pay SNAP benefits during the government shutdown,

0:44.4

but it could take time to restart the flow. And OPEC plus agreeing on a small crude oil

0:49.6

output increase for next month, but said it would pause increases in the first quarter of 2026.

0:55.8

And Canadian Prime Minister Mark Carney saying he's now apologized to President Trump over

1:00.3

a political ad that featured footage of former President Ronald Reagan criticizing tariffs.

1:05.3

Carney said he had reviewed the ad with Ontario Premier Doug Ford who commissioned that

1:10.0

spot and had told Fort he

1:11.8

shouldn't air it. We're going to be back later today with an all-new Squawk Pod, our daily podcast

1:17.4

featuring the best of Squawk Box. Check it out wherever you get your podcasts and listen anytime.

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