5 Things to Know Before the Opening Bell 7/1/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 1 July 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

The 5 things you need to know before the stock market opens today: Circle applies for a national bank charter, Boeing CFO Brian West prepares to step down, Robinhood launches tokenized shares of OpenAI and SpaceX for users in Europe, NASA strikes a deal to stream live missions on Netflix, and President Trump nears a settlement with Paramount. 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.
0:08.9	Stablecoin issuer Circle has applied for a National Trust bank charter.
0:13.0	If the Office of the Controller of the Currency grants that request,
0:16.8	Circle would be able to offer custody services to institutional clients for assets,
0:21.5	which could include representations of stocks and bonds on a blockchain network.
0:26.5	Boeing's chief financial officer, Brian West, is stepping down effective August 15th.
0:31.7	He'll be succeeded by former Lockheed Martin executive, Jay Malave.
0:35.9	West will stay on as advisor to Boeing CEO.
0:39.8	Shares of Robin Hood coming off a nearly 13% gain yesterday. That stock is higher once again this
0:45.0	morning after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe.
0:51.2	And NASA's live programming, including rocket launches and spacewalks, will begin streaming
0:56.0	on Netflix this summer.
0:58.0	Financial details of that deal have not been disclosed.
1:01.0	And according to a court filing, President Trump and Paramount Global are in advanced settlement
1:06.0	negotiations to resolve a lawsuit where Trump accused CBS of deceptively editing a 60 Minutes interview with then
1:13.0	Vice President Kamala Harris. The president has been looking for Paramount to pay $20 billion.
1:19.6	A mediator reportedly floated a potential payment of about $20 million. Paramount is set to hold
1:25.1	its annual shareholder meeting tomorrow.
1:33.0	We'll be back later today with Squawk Pod, our daily podcast featuring the best of SquackBox.
1:37.5	Stay tuned to your feed, wherever you get your podcast and listen anytime.

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