According to @CNBC, Morning Squawk flags three premarket catalysts: Paramount’s hostile bid for Warner Bros. Discovery, Meta’s AI course correction, and McDonald’s value crackdown, setting the tone for event-driven trading before the open; source: CNBC Morning Squawk tweet on Dec 9, 2025. For merger-arbitrage and media sector flows, traders can use the CNBC item to focus on Paramount PARA and Warner Bros. Discovery WBD for spread volatility, news-driven halts, and communications services breadth via XLC at the open; source: CNBC Morning Squawk tweet on Dec 9, 2025. For AI-linked risk, the CNBC Meta headline supports monitoring META leadership versus AI-exposed peers and gauging sentiment spillover that can influence BTC and ETH during tech-led sessions; source: CNBC Morning Squawk tweet on Dec 9, 2025. For consumer pricing dynamics, the CNBC McDonald’s note guides attention to MCD and quick-service peers for pricing and traffic updates that can drive defensive rotation and indirectly affect crypto risk appetite; source: CNBC Morning Squawk tweet on Dec 9, 2025. Actionables: set alerts on PARA, WBD, META, MCD, track XLC, XLY versus XLP, and watch BTC and ETH correlation with Nasdaq futures around the cash open framed by CNBC’s rundown; source: CNBC Morning Squawk tweet on Dec 9, 2025.