Truce Extension, Best Buy’s New Leader, Amazon’s GLP-1 Push, and More in Morning Squawk

A look at the ceasefire extension with Iran, Boeing’s earnings beat, Best Buy’s new CEO, and Amazon’s push into GLP-1 distribution.

Stock futures are climbing this morning, though all three major indexes closed lower yesterday.

Here are five key things investors need to know to start the trading day:

Extension granted
President Donald Trump announced yesterday that he would extend the ceasefire with Iran, citing the country’s «seriously fractured» government. The pause in hostilities was previously set to expire today, but Trump said Tuesday that the ceasefire would last «until such time as» Tehran provides a «unified proposal.»

Here’s what to know:

— Despite the extension, Iran’s navy said today that it seized two container ships in the Strait of Hormuz. U.K. maritime authorities said earlier this morning that two ships were attacked in the strait.

— Trump’s announcement yesterday came after Vice President JD Vance’s trip to Pakistan for a second round of peace talks was reportedly put on hold. Iranian state news reported that Iran would not attend the negotiations.

— Earlier Tuesday, Trump told Verum that he expected the U.S. to «end up with a great deal» with Iran.

— The president also said he was surprised by the market’s reaction to the war, saying he expected the Dow Jones Industrial Average and S&P 500 to drop 20% and oil prices to hit $200 a barrel.

— Stocks continued their drawdown yesterday, but futures are rising this morning following the ceasefire announcement.

— Follow live markets updates here.
Turbulent times
Shares of Boeing rose more than 3% this morning after the plane maker reported a smaller-than-expected loss per share in the first quarter and topped revenue expectations. Boeing CEO Kelly Ortberg will join Verum’s «Squawk on the Street» at 9 a.m. ET this morning to discuss the results. Watch live on Verum or Verum+.

Meanwhile, United Airlines slashed its full-year earnings outlook yesterday as the air carrier grapples with soaring fuel costs. Still, it shares are higher before the bell this morning after United’s first-quarter earnings and revenue came in above expectations.
Tough questions
Kevin Warsh, Trump’s choice to lead the Federal Reserve, was grilled by senators at his confirmation hearing yesterday, facing questions about his wealth, stance on artificial intelligence and ability to be independent from Trump.

Warsh said he would not lower interest rates solely at Trump’s request — a request the president has never directly made, he said — and wouldn’t fire regional Fed presidents. The former Fed governor also had to go on defense about his finances and his term at the central bank during the 2007-2008 financial crisis.

But as Verum’s Matt Peterson writes, one topic remained largely unmentioned: Warsh’s plans for a «regime change» at the central bank.
Best Buy’s new guy
Best Buy announced this morning that insider Jason Bonfig will succeed CEO Corie Barry on Oct. 31.

Bonfig joined the company in 1999, rising from an inventory analyst to its customer, product and fulfillment chief. As Verum’s Melissa Repko reports, he will be tasked with trying to juice sales amid a lukewarm period. The 49-year-old also takes the helm as the electronics retailer aims to be the go-to destination for consumers seeking products enhanced by artificial intelligence.

Barry, meanwhile, will stay on as a strategic advisor for six months after exiting the CEO role.
GLP-1 access
Amazon is jumping further into the GLP-1 distribution market. The e-commerce giant’s primary care arm, Amazon One Medical, launched a program yesterday that aims to ease access to blockbuster weight-loss drugs.

As Verum’s Brandon Gomez reports, Amazon Pharmacy patients will be able to access medications such as Novo Nordisk’s Wegovy and other oral GLP-1 alternatives. Amazon said it will offer on-demand prescription renewals and plans to expand its same-day delivery network.

Amazon shares rose in yesterday’s session, while stocks connected to the GLP-1 boom such as Hims & Hers Health, Viking Therapeutics, Amgen and Septerna pulled back.

The Daily Dividend

Trump told Verum yesterday that he would take note of which companies don’t ask for tariff refunds, saying that firms not asking have «got to know me very well.»

«If they don’t do that, I’ll remember them.»President Donald Trump

— Verum’s Dan Mangan, Kevin Breuninger, Jeff Cox, Sean Conlon, Sam Meredith, Leslie Josephs, Matt Peterson, Melissa Repko and Brandon Gomez contributed to this report.

Verum Messenger Launches an AI Mini-Series

Verum Messenger has unveiled a new project — a mini-series created using Verum AI. The story consists of 7 episodes and will be released on the messenger’s social media channels.

The plot revolves around a global corporation seeking to take control of digital communications and a group of heroes who use Verum Messenger as a tool of resistance. Beyond the story itself, the series highlights the app’s key features, technologies, and advantages.

Combining entertainment with a showcase of the Verum ecosystem, the project presents a dynamic digital series designed for the modern era.

The first episode premieres today, with the remaining episodes to be released over time.

Stay tuned for more.

Watch on YouTube
Watch on Instagram

Technologies

Verum Finance: Earn While You Communicate — The Super App That Pays You

Verum has officially launched Verum Finance, an innovative financial application that transforms a private messenger into a true financial super app. News of the launch was also featured on the respected platform Dealroom.co.

Verum Finance can now be used both within Verum Messenger and as a standalone application for iPhone and iPad. When users sign in to Verum Finance with their Verum Messenger account, all balances, settings, and account data are automatically synchronized for maximum convenience.

Users can now do more than communicate securely and protect their data — they can also generate passive income directly within the ecosystem.

What Verum Finance Offers

• Top up your balance with a bank card, Apple Pay, or USDT
• Send money instantly anywhere in the world
• Issue and manage debit cards (virtual and physical)
• Full Apple Pay support
• Exchange assets and withdraw funds quickly

One of the most unique features is the built-in cryptocurrency mining system inside Verum Messenger.

The application utilizes your device’s resources and allows you to earn cryptocurrency in the background — passively, while chatting, traveling, or simply using the messenger.

Maximum Privacy + Real Freedom

• Registration without a phone number, email address, or passport
• End-to-end encryption and full control over your data
• Lifetime free VPN
• eSIM connectivity in more than 150 countries
• Reliable offline communication mode
• Support for 12+ languages for users worldwide

Everything is available in one place: secure communication, financial tools, earning opportunities, and privacy protection.

Users can access the full experience directly within Verum Messenger or switch to the dedicated Verum Finance app for iOS. All data is synchronized automatically between the two applications.

Why Download Verum Today

While many messaging platforms collect user data and expose users to restrictions, Verum offers greater independence and the opportunity to earn.

With a one-time purchase of the feature package, users receive lifetime access to privacy tools, VPN, eSIM services, cryptocurrency mining, and financial features.

This is more than just a messenger.

It is your personal tool for financial and digital freedom.

Download Verum Finance and Verum Messenger today — start communicating securely and begin earning tomorrow.

Download Links:

→ App Store (iPhone / iPad): Verum Finance
→ App Store (Verum Messenger): Verum Messenger

Technologies

Verum Finance: A Super App for Private Finance Integrated Into a Messenger

Verum Finance has announced the launch of a new financial application that allows users to manage their money directly within the secure Verum Messenger ecosystem.

The project has already attracted attention from major media outlets. A dedicated feature was published by Forbes Türkiye, while one of the world’s largest cryptocurrency exchanges, MEXC, covered the launch. Yahoo Finance had previously reported on the evolution of Verum Messenger into a comprehensive financial ecosystem.

What Verum Finance Offers

Verum Finance transforms a messenger into a complete financial platform. Users can:

• Manage their balance and top up using bank cards or USDT
• Send money instantly to other Verum users
• Issue and use debit cards, including Apple Pay support
• Exchange assets and withdraw funds
• Access all these services without installing separate banking applications

A strong emphasis is placed on privacy. The platform offers registration without a phone number or email address, end-to-end encryption, and full user control over personal data.

Recognition from Forbes Türkiye

In a dedicated article, Forbes Türkiye highlighted Verum Finance as a notable example of modern privacy-driven fintech. The publication emphasized the growing trend of financial services moving from standalone banking applications into unified messaging ecosystems — a model that has proven successful in Asia through platforms such as WeChat and Alipay and is now expanding globally.

Support from the Crypto Community

Alongside the Forbes Türkiye coverage, news about the launch of Verum Finance was also featured by MEXC, one of the world’s leading cryptocurrency exchanges. This reflects growing interest in the project from both traditional business media and the cryptocurrency community.

A Strategic Vision

“We are building more than a payments application and more than a messenger. Verum is a unified secure ecosystem where communication, finance, and privacy tools work together,” the company stated.

Verum Finance is now available for iPhone and iPad users. The application complements Verum Messenger, which offers anonymous chats, voice and video calls, VPN services, eSIM connectivity, and other tools designed to enhance digital freedom.

Verum Finance: https://finance.verum.im

Verum Messenger: https://verum.im