5 Things to Know Before the Opening Bell 7/2/2025
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I'm Andrew Osorkin, co-host of Squawk Box, along with Joe Kernan and Becky Quick. And this is five things to know before today's opening bell. We're set to get a look at the jobs picture for June at 8.15 Eastern Time. ADP is going to be releasing its latest look at private sector hiring. Now, economists expecting an addition of 120,000 jobs for last month.

We're also standing by for second quarter delivery metrics that we're going to get from Tesla. Phil LeBeau will be bringing us those numbers as soon as they cross the wires. As of late last month, the consensus was 393,000 vehicles.

deliveries. That would be a drop of more than 11 percent versus the second quarter of last year. And shares of health insurers sent in losing about a quarter of their value in the pre-market. The company pulling its 2025 earnings guidance. It cited market trends that

differed from its assumptions. Other health insurance companies getting hit this morning as well. And we're watching shares of Modelo owner Constellation Brands. Earnings and revenue for the most recent quarter missed estimates, and that's on falling demand and higher prices they're talking about for aluminum cans because of tariffs. Despite that miss, the company's sticking with its full-year guidance. And then there's this. Netflix has held talks with Spotify about partnering a number of projects related to music award shows.

and live concert series, that's according to a report in the Wall Street Journal, that said that Netflix is also considering doing some big celebrity interviews and short turnaround documentaries. We're going to be back later today with an all-new SquawkPod, our daily podcast featuring the best of SquawkBox. Check it out wherever you get your podcasts and listen anytime.

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