Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:
1. The reopening trade
2. Cashing in your chips
The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images
Japanese firm SoftBank said Tuesday that it sold all of its stake in Nvidia for $5.83 billion. Nvidia shares slipped nearly 2% in premarket trading this morning. The sale comes as SoftBank focuses its attention on OpenAI, the buzzy startup behind ChatGPT. But SoftBank is still involved with Nvidia through other artificial intelligence ventures that use the chipmaker's technology, such as the Stargate project. SoftBank also dumped some of its T-Mobile position for $9.17 billion.
3. Paramount+, or Paramount-?
The Paramount Studios in Los Angeles, California, US, on Sunday, Nov. 9, 2025. Ethan Swope | Bloomberg | Getty Images
Paramount Skydance announced more plans to cut costs, lay off employees and raise prices yesterday. Shares jumped as much as 5% in overnight trading. The CBS parent said it's aiming to trim an additional $1 billion from its business. As CNBC's Lillian Rizzo notes, that's on top of the $2 billion in savings the company outlined when its merger completed in August. Paramount also announced its latest round of layoffs, tied to its divestiture of parts of its South American business, impacting about 1,600 employees. The entertainment company said it would hike prices for its Paramount+ streaming service in the first quarter of 2026.
4. Air travel headwinds
... continue reading