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Squawk Pod

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

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 5 November 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

AMD posted better than expected earnings in the third quarter, Pinterest shares are plunging after that company’s quarterly report, EV maker Rivian posted a surprise gross profit in the past quarter, Apollo has reportedly withdrawn its offer to take Papa John’s private, and President Trump has renominated Jared Isaacman after having pulled that nomination in May amid the President’s spat with Isaacman friend, Elon Musk. 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.

0:08.6

First up, AMD posting better than expected earnings and revenue and offering upbeat guidance.

0:14.8

Separately, Amazon disclosed yesterday that it had sold all of its 822,000 shares in AMD.

0:20.9

Net result, that stock is off by about 5.5% this morning.

0:24.9

Pinterest shares plunging after the company reported profit that was below expectations

0:29.1

and gave weak guidance that stock down by close to 18% this morning.

0:34.5

And then you've got EV Maker Rivian reporting a smaller than expected adjusted loss.

0:38.9

Revenue with the company topping estimates. The gross profit came in at $24 million. The street

0:44.2

had actually expected a loss of more than $38 million and as a result, Rivian's shares are up by

0:49.3

3%. Then you take a look at the stock of Papa John's. It's coming off of a 10% drop in yesterday's trading after a Reuters report said that Apollo Global has withdrawn. It's offered to take the pizza chain private. That stocked down another 1% this morning. And President Trump has re-nominated Jared Isaacman to run NASA after pulling his prior nomination months ago.

1:13.6

Isaacman is friends with Elon Musk.

1:15.9

Back in May, Trump pulled his nomination amid a spat with the Tesla CEO.

1:20.4

Yesterday, Elon Musk was happy about this, tweeting out a heart emoji.

1:24.9

We'll be back later today with Squawk Pod, our daily podcast,

1:28.7

featuring the best of Squawk Box.

1:30.6

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

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