Squawk Pod 5 Things to Know Before the Opening Bell 10/22/2025
Oct 22, 2025
Walmart is hitting pause on hiring candidates needing H-1B visas, shaking up the job market. Barclays surprises with a raised guidance and a share buyback announcement. Western Alliance Bancorp impresses by beating estimates, despite facing some tough challenges. LVMH is considering selling its stake in Rihanna's Fenty makeup brand, stirring interest in the beauty sector. Meanwhile, Microsoft CEO Satya Nadella's annual pay skyrockets to $96.5 million, raising eyebrows on executive compensation.
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Walmart Pauses H‑1B Hiring
- Walmart is pausing hiring of candidates who require H‑1B visas amid recent policy changes and cost concerns.
- This reflects broader corporate caution about visa-dependent recruitment after a new fee was imposed.
Western Alliance Beats Estimates Amid Fraud Mess
- Western Alliance reported profits up over 27% year‑over‑year despite issues tied to alleged fraud in a real estate group.
- Management said the fraud didn't materially hurt overall performance, calming investors.
LVMH May Sell Its Fenty Stake
- LVMH is exploring selling its 50% stake in Fenty Beauty, according to Bloomberg.
- A sale would reshape luxury partnerships and alter ownership of Rihanna's beauty brand.