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Squawk Pod

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

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 25 June 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: Treasury Secretary Scott Bessent believes President Trump’s tax and spending bill is on track for Senate passage this week, betting site Polymarket is close to raising $200 million in a new funding round, there’s a new opportunity for crypto investors to have access to private companies, chip design firm Ambarella is working on a potential sale, and Micron reports quarterly results after the bell. 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.

0:08.8

Treasury Secretary Scott Besson says that he believes the Senate is on track for a vote this Friday on President Trump's tax and spending bill.

0:16.4

Yesterday, Besson also predicted House and Senate Republicans would reach a deal on the salt deduction cap somewhere in the next 24 to 48 hours.

0:25.5

Reports say polymarket is close to raising $200 million in a funding round that would value the prediction market company at about a billion dollars.

0:34.1

An investment platform is launching new digital tokens that use blockchain technology to mirror the

0:39.6

performance of the private shares of SpaceX. That's according to a Wall Street Journal report

0:43.9

that says the platform called Republic is using the strategy to give investors access to companies

0:49.4

typically reserved for the wealthy. The method hasn't been tested with regulators yet. And chip design

0:55.8

firm Amberella coming off more than 20% stock gain yesterday. A report says that the company is

1:01.8

working with bankers on a potential sale. Also, speaking of chips, micron technologies, quarterly

1:07.4

results are due after today's closing bell. Those shares have roughly doubled since the S&P 500's April low.

1:13.6

Investors will be looking for insight on Micron's ability to meet the surge in demand for high bandwidth memory chips for AI applications.

1:21.6

And by the way, all these chip stocks have done this too.

1:23.6

And Vindia is up 40% just in the last two months.

1:26.6

We'll be back later today with Squawk Pod, our daily podcast featuring the best of Squawk Box.

1:32.8

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

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