CNBC Business News Update - Market Open: Stocks Higher, Gold And Silver Soar, Paramount Skydance Sweetens Offer For Warner Brothers Discovery 12/22/25

Episode Date: December 22, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Eddinger, CNBC, Wall Street, with some gains to start this holiday shortened week of trading. The Dow up 179 points out of the gate. It's being led higher by shares of Chevron, which are up 1%. The S&P 500 index, up 31 points, a half percent. The NASDAQ, up 123 points. That's a half a percent. The major average is now all in the green for the month. Shares of Invidia up 1% this morning.

They were higher after Reuters, citing people familiar with the matter, said the company intends to start shipping its H200 chips to China by mid-February. Crypto stocks rose as Bitcoin headed back up toward 90,000. Gold and silver prices are soaring to new highs. Investors are revisiting those assets as a hedge. Gold, as of today, up 68% so far for the year. Paramount Skydance is not done trying to buy Warner Brothers Discovery. Here's CNBC's David Faber.

Many of the objections raised in the first response we got from Warner Brothers to that $30 all-cash tender offer from Paramount. They have tried to meet, namely around financing. Now they have obviously guys addressed many of those concerns. There's plenty of complexity here and things that Warner Brothers is going to have to explain in terms of 2775 from Netflix, cash and stock, of which has come down a little bit because the stock is below the collar versus 30 bucks a share that now seemingly guys is much safer from the board perspective, at least to the extent it has addressed those concerns. Retailers bracing for the final few days of the holiday shopping season and so far so good for some of the big apparel chains. Victoria's Secret is crowded.

You're continuing to see Hollister very crowded and packed. You look at urban outfiters, particularly in free people, and it's very strong. And Steve Madden, It's cold out, so people are wearing tall boots out there, and also the off-pricers like T.J. Max. That's who's impressing me. And Telssey advisors, Dana Telssey, Telsi, NBC. It's all about new product. It's key for retail. I think you have concerns out there, certainly, about some of the women's apparel retailers. You need the Tommy Bahamas to improve.

You look at Lulu. Look what has happened with Lulu. They need newness because active wear needs to be reinvigorate. Starbucks headquarters in Seattle was blocked by protesters yesterday. Police have given them until Christmas to leave. Disney's Avatar Fire and Ash won the weekend box office, but it disappointed. It brought in about $88 million, but that was well below estimates. The Powerball jackpot tonight, $1.6 billion after there was no winner over the weekend. There's been no jackpot winner at all since September. Jessica Ettinger, cnbc become a smarter investor with cnbc pro 24 7 access to market moving news and interviews with three global live streams subscriber only content plus exclusive live events this is my first time at the stock exchange and it's been awesome to be on the floor i just can't believe i'm here become a cnbc pro go to cnbc dot com slash get pro now