Squawk Pod 5 Things to Know Before the Opening Bell 6/18/25
Jun 18, 2025
Tensions rise as Israel and Iran exchange airstrikes for the sixth consecutive day, prompting discussions about potential U.S. military action. Amazon's CEO reveals how generative AI could shrink corporate workforces. In a surprising twist, a New York City mayoral candidate is released after an arrest at an immigration court protest. The Senate moves to regulate stablecoins with the passage of the Genius Act, while looming tax cuts under Trump are estimated to add $2.8 trillion to deficits over the next decade.
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Escalating Israel-Iran Conflict
- Israel and Iran have exchanged airstrikes for six consecutive days, escalating tensions in the region.
- President Trump is considering a range of options, including a potential U.S. strike on Iran.
AI Shrinks Corporate Workforce
- Amazon CEO Andy Jassy predicts the company will have a smaller corporate workforce due to generative AI adoption.
- Some job roles will shrink while new roles focused on AI will grow.
Brad Lander's Protest Arrest
- Brad Lander, New York City Democratic mayoral candidate, was arrested during an immigration court protest but later released.
- He linked arms with someone authorities tried to detain and was quickly featured on CNN, boosting his campaign.