Opening Bid

• Tariff uncertainty offers 1 big reminder to investors: Edward Jones CEO

  Markets are having a terrible year, there is no other way to hide it. Once hot tech stocks like Tesla (TSLA) have turned into laggards and investors have rotated into defensive names in the healthcare and consumer staples space. Yahoo Finance Executive Editor Brian Sozzi talks with Edward Jones CEO Penny Pennington. Pennington joined Edward Jones as a financial advisor in 2000 just before the tech stock meltdown, rising the ranks to lead the financial services giant in 2019. It’s a critical time to be a leader atop a giant wealth manager. For starters, the new Trump administration has injected major volatility into all sorts of markets around the world. Stocks in the US have cratered, especially momentum names such as Nvidia (NVDA) and Palantir (PLTR). At the same time, baby boomers are reaching retirement age each day. That brings with it a host of new challenges from planning for post-work investing to transferring wealth to offspring. Pennington shares her perspective on these huge drivers of the wealth management industry. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms Learn more about your ad choices. Visit megaphone.fm/adchoices

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• Why Trump tariffs are bad for business: Rubbermaid CEO

  Tariffs stand to hammer the profits of many consumer products companies in 2025. Execs at these companies are actively moving production out of China and into other Asian regions to contain costs. But the hit to profits from tariffs will be felt no matter what for companies that already have slim profit margins. Yahoo Finance executive editor Brian Sozzi chats with Newell Brands CEO Chris Peterson. Peterson has been hard at work since taking over as CEO in 2023 restructuring the consumer products giant, which makes everything from Rubbermaid food containers to Graco baby carriages. A lot of the work by Peterson is coming under the spotlight as president Trump aims to slap Mexico, Canada and China with tariffs. Newell Brands has been moving production back to the US from China. It has one of the largest US manufacturing footprints amongst its competitors. Still, tariffs are likely to weigh on the company’s profit margins as it continues to do a chunk of business in China and Mexico. This as the lower income consumer that buys a lot of its products are being more cautious in their spending after years of inflation. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

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• Transformers versus Trump's tariffs: Hasbro CEO battles on

  The 2025 Toy Fair has come and gone from New York City. The annual event where toymakers show off their latest innovations for the year ahead saw several fun releases: Lego dropped a new Bluey set, Mattel (MAT) has gone all in on Masters of the Universe, and Hasbro (HAS) has released new interchangeable Nerf blasters. The event is set against the backdrop of tariffs from President Trump on China, which could hammer toymaker profits this year. So, how bad a hit are investors looking at here? Brian Sozzi sits down on the Opening Bid podcast with Hasbro CEO Chris Cocks. The Street gave Hasbro high marks recently for aggressive cost-cutting, which has more room to go — the company aims to slash $1 billion in costs by 2027. Its previous goal was $750 million. But Trump's tariffs could reduce American consumers' spending power by $46 billion to $78 billion every year they are in place, estimates the National Retail Federation (NRF). Nearly 80% of US toys are manufactured in China, according to industry trade group the Toy Association. Cocks shares how Hasbro plans to navigate tariffs and a growing cautiousness among consumers. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Chris Cocks on Opening Bid 01:20-Peppa Pig is pregnant 02:00-What makes a good toy? 06:30-Brands that grow with adults 12:30-A magical business (with Magic: The Gathering) 15:30-Tariffs & toys 21:40-HOT TAKE Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Chris Cocks is Chief Executive Officer of Hasbro and serves on its Board of Directors. Prior to being named Hasbro’s CEO, Chris was President of Hasbro’s Wizards of the Coast and Digital Gaming segment. Learn more about your ad choices. Visit megaphone.fm/adchoices

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  24:45
• Okta CEO on Q4 earnings beat and what's driving business: EXCLUSIVE

  Cybersecurity player Okta (OKTA) is ending its reporting year on a high note. Fourth-quarter sales rose 13% from the prior year amid healthy demand for cybersecurity services. Adjusted earnings beat analyst estimates by four cents per share. For 2025, the company targets double-digit percentage profit growth despite economic pressures on small to medium-sized businesses. Yahoo Finance executive editor Brian Sozzi chats with Okta co-founder and CEO Todd McKinnon about the quarter and road ahead. McKinnon co-founded Okta in 2009 alongside Frederic Kerrest. Today, the company’s market cap stands at more than $15 billion. The company has ambitious innovation goals in identity management, a key plank in corporate tech stacks as AI agents begin to run amok. McKinnon reveals his plans to keep companies safe in the age of AI, and a host of leadership lessons some 16 years into his CEO journey. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Todd McKinnon on Opening Bid 02:30-Why AI might create problems in cyber security 07:00-Diving into earnings 9:45-First quarter outlook 14:50-Building Okta's culture 17:30-Going to battle: talking competitors 20:00-HOT TAKE Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Todd McKinnon is the Co-founder and CEO of cloud security company Okta, previously serving as a vice president at Salesforce. Learn more about your ad choices. Visit megaphone.fm/adchoices

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  23:59
• Inside the big money-making business of music catalogs like Joni Mitchell & John Denver

  Music catalogs remain hot assets for acquisition by those financial powerhouses with the money to purchase them. Look no further than the sale of Bruce Springsteen’s catalog to Sony in 2021 for a reported $500 million. Brian Sozzi sits down on the Opening Bid podcast with Reservoir Media (RSVR) founder and CEO Golnar Khosrowshahi. Khosrowshahi is a veteran in the music industry, spending more than 17 years building up Reservoir through the acquisition of music catalogs and publishing outfits. Today, the company sits at the interaction of music and streaming media with an eye toward continuing to purchase catalog assets and earn royalties. Though risks to the business exist in the form of rising values for catalogs for legendary performers and the shift to AI generated music. Khosrowshahi shares her outlook for the music industry, and also her leadership journey growing up in Iran to running a major company today. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [email protected]. 00:00-Golnar Khosrowshahi on Opening Bid 2:30-What do Joni Mitchell, John Denver, and voice of Lion King have in common? 6:15-Future of Streaming 11:40-Thoughts on Chappel Roan Grammy's speech demanding artists making a living wage 13:30-AI impact on making music 17:50-Future of good music 20:30-HOT TAKE Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Golnar Khosrowshahi is the Founder and CEO of Reservoir, a global, independent music company, with operations across music publishing, recorded music, and management. It is the first female founded and led publicly traded independent music company in the U.S. In addition to her role as Founder and CEO of Reservoir, Golnar serves on the boards of National Music Publishers’ Association, NMPA’s S.O.N.G.S. Foundation, Silkroad, and the New York Philharmonic. Learn more about your ad choices. Visit megaphone.fm/adchoices

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