5 Things to Know Before the Opening Bell 6/23/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 June 2025

⏱️ 4 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 damage to Iran’s nuclear program is “monumental” following U.S. strikes, investors are watching the oil markets’ closely, Tesla started robotaxi service in Austin, Apple may beef up AI capabilities with a big acquisition, and the Oklahoma City Thunder has won the NBA Championship. 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	I'm Andrew Ross Sorkin, co-host of Squatbox along with Joe Kernan and Becky Quick,
0:05.6	and this is Five Things to Know before today's opening bell.
0:09.4	The full extent of damage to Iran's nuclear program unclear after U.S. strikes on the country over the weekend.
0:15.0	But in a post on truth social last night, President Trump saying, quote, monumental damage had been done.
0:20.2	Now, oil prices spiked when they opened for trading last night.
0:24.3	Stock futures fell, but both of those moves have now reversed.
0:27.4	Brent and WTI aren't moving much, and stock futures are higher.
0:31.5	In meantime, Tesla beginning its robotaxis service in Austin, Texas,
0:35.3	carrying paying customers and cars without human drivers. The company
0:39.2	did have human safety monitors inside the cars. And Apple reportedly considering beefing up its
0:45.7	AI technology with a big acquisition. Bloomberg says the company's executives have talked internally
0:51.0	about bidding for perplexity AI, though they haven't contacted perplexity management.
0:57.0	And the Oklahoma City Thunder beating the Indiana Pacers last night to win the 2025 NBA championship.
1:03.3	The Thunder tied the 1996-97 Chicago Bowls for the third most wins in any season.
1:10.9	I'm surprised you were a Pacer fit.
1:12.9	Indiana.
1:14.6	Oklahoma.
1:15.5	I lived in both those places.
1:16.7	We did have that discussion.
1:17.9	But I was so impressed by what the Pacers did.
1:20.3	They were the underdogs.
1:21.4	OKC was phenomenal.
	...

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