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Squawk Pod

5 Things to Know Before the Opening Bell 8/25/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 25 August 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

The 5 things you need to know before the stock market opens today: Spotify is looking to raise prices, the Trump administration has ordered Danish wind power company Orsted to halt development on its project off the coast of Rhode Island, China Evergrande Group was delisted from the Hong Kong Stock Exchange, Keurig Dr Pepper will pay $18 billion for coffee brand JDE Peet’s, and Coca-Cola is reportedly exploring splitting with its own coffee brand, Costa. 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 Al Sork and co-host of Squawk Box today. I'm with Leslie Picker and Wilford Frost,

0:06.7

and this is Five Things to Know before the opening bell. Spotify looking at increasing prices for

0:13.0

its users, the company's co-president telling the Financial Times, price hikes were part of our toolbox

0:17.8

now. He said the changes would also come with new features.

0:21.6

Meantime, shares of Danish wind power company, Orsted, are plunging the Trump administration,

0:26.2

ordering the developer to stop construction on an almost completed project off the coast of

0:30.9

Rhode Island, though the company said it would continue with a plan to raise capital.

0:35.1

And China, Evergrand Group, delisted from the stock exchange in Hong Kong today, the company

0:40.0

was once China's top-selling developer but ran into financial problems you might remember

0:44.6

years ago and then defaulted on some debt obligations.

0:48.1

Currig, Dr. Pepper, will pay more than $18 billion in cash to buy Dutch coffee company,

0:54.1

J.D.E. Pete's Carrick,

0:56.5

saying the merged company plan to separate, though, its coffee and other beverage units as

1:01.9

soon as practicable. And reports say that Coca-Cola, working with investment bankers on options,

1:07.2

including a potential sale of British coffee chain, Costa.

1:16.3

Coke acquired Costa in 2018 for more than $5 billion to try to strengthen its coffee market offering.

1:16.7

Sky News, saying initial talks have already been held with several private equity firms.

1:22.0

And by the way, that's a topic you know a lot about it.

1:24.4

I like Costa coffee and those costa machines which are in airports.

1:27.8

Right. But they never really have taken off the way I think they were hoping for.

1:31.1

No, so and shout out to my colleague Mark Kleinman, who broke that story late on Friday and

1:35.5

also reported that it's Lazard that's been hired according to his reporting by Coca-Cola to explore

...

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