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Squawk Pod

5 Things to Know Before the Opening Bell 2/20/2026

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 20 February 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

President Trump says he’ll decide whether to attack Iran in the next 10 days, Johnson & Johnson is reportedly considering selling its orthopedics unit, Amazon’s AI tools sparked two outages at the company’s cloud unit, according to the FT, Live Nation reported strong live concert demand, and President Trump will direct the release of files on “extraterrestrial life.”

Transcript

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0:00.0

Hi, I'm Joe Kernan, co-host of Spockbox with Andrew Ross-Workin, and this is Five Things to Know before the opening bell.

0:08.2

President Trump says he's going to decide in the next 10 days whether to launch military strikes against Iran.

0:14.1

The U.S. has been building a major military presence in the Middle East.

0:18.9

Johnson & Johnson is now reported looking at selling its orthopedics unit.

0:25.8

A deal could be worth more than $20 billion.

0:28.7

Reports say possible buyers include private equity firms.

0:31.6

We talked about it.

0:32.5

I had deja vu from this.

0:34.7

Back in October, they didn't say they were going to sell DePuy. They said that they

0:38.7

were going to separate it their business within 18 to 24 months and a tax-free spin-off to

0:45.5

shareholders. This is the first time, they did talk about multiple paths back then, but this is

0:51.0

the first point at which the company has actually indicated might exit ownership of that orthopedics unit is as a sale rather than a spin-off.

1:03.0

Amazon's own AI tools temporarily sparked outages at the company's cloud unit twice in recent

1:08.0

months, including a December incident during which engineers let a coding

1:13.6

tool make changes. That's according to Financial Times. Amazon told the publication that the outages

1:19.3

were due to user error, not AI error. Live Nation shares are higher. The company topping quarterly

1:25.5

revenue estimates on strong concert demand.

1:29.2

And President Trump says he's going to direct the Defense Department and other agencies

1:33.2

to release government files related to alien and extraterrestrial life to the public.

1:40.6

That follows former President Obama saying last week that he thinks aliens are real, but

1:46.3

he hasn't seen them, and they're not being kept at Area 51.

1:52.4

There's so much life in the universe.

...

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