Squawk Pod 5 Things to Know Before the Opening Bell 10/10/2025
Oct 10, 2025
China has launched an investigation into Qualcomm for potential antitrust violations, stirring up the tech world. Levi Strauss defies expectations with rising profits, despite facing tariff challenges. In an unexpected twist, Ford has reversed its electric vehicle tax credit plan. Meanwhile, President Trump is considering billionaire Jared Isaacman for a NASA leadership role. The spotlight also shines on Maria Corina Machado, who was awarded the Nobel Peace Prize for her efforts in advocating democratic rights in Venezuela.
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China Probes Qualcomm Over Auto Deal
- China has opened an antitrust probe into Qualcomm tied to its June Autotox acquisition.
- Regulatory scrutiny of semiconductor deals can quickly target auto-technology purchases.
Levi's Profits Rise Despite Tariff Costs
- Levi Strauss beat estimates as price increases and fewer wholesalers offset tariff-driven cost pressure.
- The stock still traded lower despite a year-to-date gain of over 40 percent.
Ford Pulls Back On EV Tax Credit Plan
- Reuters reports Ford is retreating from a dealer-driven $7,500 EV tax credit program.
- Automakers' EV incentive strategies remain volatile and can change rapidly.