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Squawk Pod

5 Things to Know Before the Opening Bell 12/24/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 24 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: Metals are trading higher with gold and silver hitting fresh record closes, Alphabet-owned Waymo is updating its driverless fleet after cars stalled during a San Francisco blackout, Alphabet-backed firm Motive has filed for an IPO, the Supreme Court temporarily blocked the Trump administration from deploying National Guard troops to Chicago, and the Powerball jackpot has climbed to an estimated $1.7 billion. 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 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.

0:10.0

Metals trading higher were coming off the 53rd record close for gold this year, and Silver's

0:15.1

16th record close of 2025. Also, Alphabet-owned driverless car company, Waymo, saying it's updating its fleet of vehicles so that they're better prepared to respond to outages.

0:24.9

Videos shared on social media appeared to show multiple Waymo cars stalled in traffic during last Saturday's blackout in San Francisco.

0:31.6

And an alphabet-backed firm that makes software for managing corporate fleets of trucks and drivers filing for an IPO on the

0:38.0

NYSC. MOTVE is the name of the company. It's going to seek to go public next year under the

0:42.7

ticker symbol MTV. In the meantime, the Supreme Court temporarily rejecting the Trump administration's

0:48.5

bid to overhaul a lower court and allow the deployment of the National Guard troops to Chicago.

0:54.7

And a lucky lottery player could have a very merry Christmas.

0:58.6

Tonight's Powerball jackpot growing to an estimated $1.7 billion.

1:03.3

That's with a B.

1:04.5

Total cash value, if you take it, I think, at one time is $780 million.

1:14.4

So a couple bucks will buy you a dream.

1:16.7

You got to pay tax on that, I guess.

1:19.0

You do have to pay tax on that.

1:22.4

But even after.

1:26.3

I'm not going to go. I know you won't play. I'm not going to go through. I'm going you don't want to play. You know what? And I tell you I'm not going to play. Yeah. Because I don't want to go buy a bag of potato chips and get killed when the vending machine falls on me. Because that's a thousand times more likely to get killed by a vending machine falling on you than you are to win the... I can give you... I will say this. You know how many rare diseases. I know how strong you feel about this. I bought tickets for the last Powerball just two days ago, and obviously there was no winner. I want you to know you'd actually feel good about this, Joe. I tried to buy it with a credit card, and I forgot. Do you know that it's illegal to buy a lottery ticket

2:01.8

with a credit card? Because this is actually a social policy issue. They don't want people

2:07.0

creating debt to buy lottery tickets, which is interesting. Duh. You have to use cash.

2:13.5

It's a tax only stupid. You know that. You're welcome. You know what? For two bucks or five bucks or whatever you're paying, if I can, lucky you can afford. It's hard to have the same dream. You could have the same dream without paying, but it makes the dream feel so much closer. Okay. All right. Come on. I just think I'm the only one stack. Help me here. You're tempting fate. Becky's out. I need somebody to help me. I'll give you a list of the worst. You can have worms crawling out from between your toes. I understand. I understand. There's terrible things that can happen to you. We're going to be back later today with an all-new Squawk pod, our daily podcast, featuring the best of Squackbox.

2:51.4

Check it out wherever you get your podcast and listen anytime.

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