4 • 494 Ratings
🗓️ 30 July 2025
⏱️ 2 minutes
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0:00.0 | I'm Andrew Ross Sorkin, co-host of Squatbox along with Joe Kernan and Becky Quick, and this is five things to know before today's opening bell. |
0:09.3 | AI startup, anthropic, nearing a deal there is as much as $5 billion in a round of funding that would value the company at $170 billion. |
0:17.8 | That's according to a Bloomberg report that said that the investment firm, Iconicic capital is leading that round. In meantime, shares of SOFI technologies are following |
0:25.1 | this after the company announced a $1.5 billion share offering. It plans to use the proceeds |
0:30.1 | for what they're calling, quote, general corporate purposes. Today's decline coming after the stock |
0:34.7 | closed 6.6% higher in yesterday's session following earnings |
0:39.2 | that beat analyst estimates. |
0:41.2 | Electronic Arts reported better than expected profit in revenue in the most recent quarter |
0:45.4 | of the gaming company's numbers were boosted in part by the success of its F1 racing game. |
0:50.9 | EA maintained its full year guidance. |
0:53.3 | And Adam Sandler's happy Gilmore sequel generated |
0:56.0 | 46.7 million views over three days on Netflix, giving the streamer its biggest opening weekend |
1:02.5 | ever for an original release. And John Hess, playing to buy back his family's iconic toy truck |
1:09.2 | business from Chevron next year. |
1:11.4 | That comes after Chevron completed its acquisition of Hess earlier this month. |
1:15.8 | Hess also reached a deal related to the trademarks associated with his family's name. |
1:21.8 | I love those. |
1:22.2 | Love those trucks. |
1:23.3 | We don't even open them. |
1:24.5 | Are they going to be worse something someday? |
1:26.8 | I don't know. |
1:27.3 | I just love that he's buying it back, and I imagine he's going to be a nice little business out of those. He loves us, yep. They always said that that would not go away. That was one thing they decided early on. Hestruck. Yeah. The feeling when you were a kid, I don't remember whether they were around. My great aunt used to get them for everybody. That was her gift to all the kids. |
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