This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. U.S.-listed shares of Stellantis are down more than 25% this morning after the automaker said it expects to take a $26 billion hit from a business overhaul. The Chrysler and Dodge parent's stock was already having a tough year: Shares have dropped more than 12% to start 2026. Stock futures are rising this morning as the three major indexes look to rebound from another day of losses. Here are five key things investors need to know to start the trading day:
1. Chilly conditions
Bitcoin signage in Times Square in New York, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images
2. Add to cart
The logo and lettering of online retailer Amazon can be seen on the façade of Amazon Germany's headquarters. Sven Hoppe | Picture Alliance | Getty Images
3. Price check
A sign is displayed during an event held by U.S. President Donald Trump to announce a deal with Eli Lilly and Novo Nordisk to reduce the prices of GLP-1 weight‑loss drugs in the Oval Office at the White House in Washington, D.C., U.S., Nov. 6, 2025. Jonathan Ernst | Reuters
President Donald Trump officially launched his long-awaited TrumpRx platform last night. As CNBC's Annika Kim Constantino and Jacob Pramuk report, the direct-to-consumer site is a key pillar of his efforts to lower prescription drugs prices in the U.S. Trump touted the website as a tool that will save millions of Americans money, but it's unclear if all patients would see lower costs through the website compared with other methods. The site itself is not a direct sales platform, but instead points users to places where they can find drugs at a discount. The White House has homed in on prescription drug prices, which data shows are two to three times more expensive on average than those in other developed countries. But some experts doubt whether the TrumpRx platform alone will solve the industry's broader affordability problem.
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4. Bob's your uncle
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