5 Things to Know Before the Opening Bell 6/20/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 20 June 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

The 5 things you need to know before the stock market opens today: President Trump says a decision on U.S. involvement in the Middle East conflict will come within two weeks, Iran's foreign minister meets with European counterparts in Switzerland, SoftBank is reportedly in talks with TSMC to build a trillion-dollar robotics and AI complex in Arizona, Microsoft may end negotiations with OpenAI, and a SpaceX Starship rocket exploded during testing at its Texas facility. 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. President Trump saying he's going to decide
0:11.7	within the next two weeks whether the U.S. will get involved in the Middle East conflict.
0:15.7	Wrenz foreign minister set to meet the foreign ministers of Britain, France, and Germany.
0:20.4	That's going to happen in Switzerland today.
0:22.0	Meantime, SoftBank, looking to partner with Taiwan Semiconductor to construct a trillion-dollar
0:26.6	industrial complex.
0:28.1	That's in Arizona.
0:29.5	And they're going to be trying to build robots and artificial intelligence there.
0:32.5	That's going to a Bloomberg report.
0:33.8	Meantime, Microsoft, considering halting negotiations with Open AI about the future of
0:39.1	their partnership. That's if the two sides can agree on some key issues like the size of Microsoft's
0:44.2	future stake in Open AI, and that's from the Financial Times. Meantime, a report saying Microsoft
0:49.5	now planning to cut several thousand jobs, that's just going to be in the next several weeks,
0:53.6	in sales and some other teams.
0:56.0	And a SpaceX Starship rocket exploded at the Starbase facility in Texas.
1:00.5	That happened on Wednesday during a routine testing in preparation for a launch on social media.
1:05.9	SpaceX described it as a major anomaly.
1:08.8	And so all personnel are safe and accounted for.
1:11.6	Elon Musk also responding on his platform X, writing, quote,
1:16.0	Just a Scratch.
1:17.4	That's funny.
	...

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