5 things to know before the stock market opens on Friday

Happy Friday. Don’t miss “Squawk on the Street” with Federal Communications Commission Chairman Brendan Carr at 11 a.m. ET. Watch live on CNBC or CNBC+.

Stock futures are rising this morning after a day of declines in stock prices. S&P500.

Here are five important things investors need to know to start their trading day.

OpenAI told investors that its annualized revenue as of the end of September was about $18 billion lower than previously reported, CNBC confirmed yesterday. News from one of the most dominant companies in the artificial intelligence ecosystem sent stocks across the tech sector lower.

Here’s what you need to know:

President Donald Trump said yesterday that the United States will not attack Iran before the November 3 midterm elections, writing in a post on Truth Social that the two countries are having “productive discussions.”

As CNBC’s Luke Fountain reported, the announcement marked a change from President Trump’s comments the day before, when he said a deal with Iran was “not really what we wanted to do.” President Trump said Thursday that the U.S. blockade of Iranian ports “remains in full force and effect” and insisted the country cannot acquire nuclear weapons.

Oil prices still ended yesterday’s trading higher.

Retail investors are jumping on board with Wall Street’s surge in stock borrowing. CNBC’s Sean Conlon traveled to Houston, Texas, to find out how one retail trader’s life has changed.

Hy Luu turned to margin investing, the practice of borrowing from brokers to buy securities and using existing investments as collateral, to build focused investments. tesla position. When stocks plummeted in 2022, he refinanced the home he shares with his mother to pay off the balance.

Investors are reportedly borrowing record levels of money from brokerages to buy securities. Experts warn that margin is a double-edged sword. While margin can increase profits, a decline in assets can further compound losses for shareholders.

delta airlines This morning, it missed Wall Street’s earnings estimates for the first time in two years. The company also cut its full-year profit forecast as soaring fuel prices due to the Iran war weigh on the industry.

Inflation data released in September showed airfares were up more than 23% from the same period last year, but Delta CEO Ed Bastian said the fare increases were not deterring travelers. “We don’t see any slowdown at all. Our consumers are incredibly resilient,” Bastian told CNBC’s Phil LeBeau this morning.

The company’s stock is down about 2% before the bell.

A burrito with cold foam? starbucks reportedly considering an acquisition Chipotle Mexican Grillbut Wall Street isn’t sure it’ll be a good deal.

As CNBC’s Amelia Lucas writes, such an acquisition has the potential for synergies and could create a conglomerate that: yum brand or restaurant brand international. But the price of the acquisition and the fact that Starbucks is currently in the midst of a multi-year rebuild are drawbacks. Don’t forget that Starbucks CEO Brian Nicol joined the coffee chain in 2024 after six years at the helm of Chipotle.

Chipotle’s stock rose 6% yesterday on the news, while Starbucks’ stock fell.

Here are some articles to bookmark for the weekend.

— CNBC’s Kate Rooney, Ashley Caputo, Sean Conlon, Laura Kolodny, Luke Fountain, Spencer Kimball, Leslie Josephs and Amelia Lucas contributed to this report.

Caleigh Keating helped produce this newsletter. Josephine Rozzelle edited this version.