5 Things to Know Before the Opening Bell 8/7/2025

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 7 August 2025

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

The 5 things you need to know before the stock market opens today … on a Thursday! Toyota expects a profit hit due to increased tariffs, e.l.f. beauty is facing higher costs from higher tariffs on Chinese imports, SoftBank is still investing in artificial intelligence, leadership changes at Paramount Global and the MLB’s first female umpire takes the field this weekend. 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 Melissa Lee with Squawk Box host Joe Kernan, and this is five things to know before the opening bell.
0:07.5	Toyota says it expects a nearly $10 billion profit hit due to President Trump's tariffs on cars imported to the U.S.
0:13.7	That's the highest forecast yet by any company. Toyota's finance chief said the total includes fallout that suppliers are facing.
0:20.3	Profits at Elf Beauty fell 30% in the company's fiscal first quarter.
0:23.9	Duties on Chinese imports beginning to affect the cosmetic industry's bottom line.
0:28.0	SoftBink reporting a $4.8 billion rise in the value of its vision fund in its fiscal first quarter.
0:32.6	The Japanese corporate giant has been on an AI spending spree, including leading a $40 billion
0:38.3	funding round into Open AI.
0:40.3	Reports say that Brian Robbins has stepped down from his role as co-CEO, Paramount Global.
0:45.3	The company is merging with Skydance Media.
0:47.3	SkyDance CEO David Ellison will run the newly combined company.
0:51.3	And 48-year-old Jan Powell is from New Jersey, is set to become the first
0:55.3	woman umpire, excuse me, for Major League Baseball. She'll work games this weekend between the
1:00.2	Miami Marlins and the Atlanta Braves. Powell previously umpired during spring training games this
1:05.3	year and last year. Interesting. These are a lot of technology and you wonder about whether umpires, I guess it'll always be around.
1:14.3	We'll be back later today with an all-news Squawk Pod or daily podcast featuring the best of Squackbox.
1:19.3	Check it out wherever you get your podcast and listen anytime.

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