Squawk Pod 5 Things to Know Before the Opening Bell 12/3/2025
Dec 3, 2025
Marvell is soaring after strong earnings and the $3.3 billion acquisition of Celestial AI. However, Okta's stock took a dip despite beating expectations. In political news, the Trump administration plans to propose rolling back fuel efficiency standards. Saudi Arabia's public investment fund is poised to take control of over 90% of Electronic Arts. Meanwhile, the search for the missing Malaysia Airlines Flight MH370 is set to resume, marking a significant step after more than a decade of uncertainty.
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Marvell Bets Big On Data Centers
- Marvell's strong quarter and Celestial AI acquisition signal confidence in data center demand next year.
- The market rewarded Marvell with an 11% stock jump reflecting bullish investor sentiment.
Okta Rally Stalled By Missing Guidance
- Okta beat earnings and revenue but the stock fell nearly 4 percent despite the beat.
- The decline followed after the company withheld fiscal 2027 guidance, raising investor uncertainty.
Fuel Rules May Be Reversed
- Reports say the Trump administration will propose weakening fuel efficiency standards finalized under President Biden.
- Auto executives were invited to the White House, raising questions about the impact on long-term vehicle programs.