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Best Speakerphone in 2023 for Working From Home

Do you make conference calls using Zoom, Microsoft Teams or another platform? Try a compact speakerphone to improve the audio experience in your home office.

Working from home continues for some people, while others have been asked to head back into the office to do their jobs. Still, plenty of folks are still working at home at least a few days a week. You may’ve bought a headset to log in to all those video conference calls you still have to show up for (we have a list of best headsets for working from home if you’re interested in one of those), but some people don’t like to wear anything on or in their ears. That’s where a good speakerphone can come in handy. 

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I’ve tested all the speakerphones on this list and reviewed not only how they perform as a speakerphone but also how they sound for music listening and what connectivity options they offer (and any other noteworthy special features). All of them include some sort of wired USB connection for Windows PCs and Macs, and many also have a Bluetooth option so you can connect wirelessly. Additionally, some include UC Bluetooth dongles that are compatible with the industry standard universal communication format. That USB dongle allows for a more reliable Bluetooth connection to computers. However, like UC headsets, speakerphones with a UC Bluetooth option can cost a little more.

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I’ve included not just the best of the best speakerphones, which can get pretty pricey, but also some top no-frills speakerphones for those want to spend less than $100 — or even less than $50. Except for one, all the speakerphones on this list are portable and easy to take with you so you can use them at home or on the go. 

Jabra’s has revamped its speakerphone line up for 2023, adding three new redesigned models that will eventually replace its earlier Speak 410, 510 and 710. The Speak2 55 is the middle model in the line up and only slightly more expensive than the Speak2 40, which I haven’t tried yet, but it seems similar. (It’s the same size and both the Speak2 40 and Speak2 50 have 50mm drivers.) The Speak2 75 is the flagship model and offers the best sound quality and substantially better battery life in wireless Bluetooth mode — 32 hours compared to 12 for the Speak2 55. That’s said, it may be overkill for some people and is also pricey. 

I like how Jabra has redesigned the new models, giving them a sleeker, cleaner look, and all the models include an integrated USB-C cable with a USB-A adapter that allows you to plug the speaker directly into a Mac or Windows PC. The relatively compact Speak2 55 comes with a nice felt carrying case and is fairly lightweight, weighing in at 280 grams (9.88 ounces), making it easy to slip into a bag and carry around for conference calls on the go. While it offers Bluetooth 5.1 connectivity, it doesn’t come with a USB Bluetooth dongle to plug into your PC for more reliable wireless connectivity with computers.

It’s equipped with four beamforming noise-cancelling microphones with background noise reduction technology (people I was conversing with said my voice sounded clear) and I thought the sound output was better than that of the Anker PowerConf S500, which retails for a little more. You can use the Speak2 55 to listen to music, but don’t expect great sound quality. It’s acceptable for casual listening but there just isn’t a lot of bass. Not surprisingly, you get better sound with the larger and more expensive Speak2 75). 

 

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eMeet Luna

Best for under $100

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The Luna is eMeet’s latest speakerphone and a good value with a list price of $80, though it sometimes dips to even less with an instant coupon at Amazon. It’s designed to compete with Anker’s PowerConf (see below). It’s not quite as sleek as the PowerConf, nor does it come with a protective carrying case like that model does. Also, its microphone performance is good but not on the level of the Jabra Speak2 55 (see above) or Speak 510 (see below) in terms of clarity. That said, it offers good noise reduction.

The speaker does sound clear and loud, and it’s versatile: You can go wireless over Bluetooth, plug the speaker into the USB port on your PC (with an included cable) or plug in the wireless dongle for a more reliable Bluetooth connection.

It can be daisy-chained with other eMeet speakerphones to add more people — up to 12, eMeet says — in case you’re running a business with multiple employees from home or just have a really large family. 

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The Speak2 75 is Jabra’s new-for-2023 flagship speakerphone. It’s larger than the Speak2 55 (see above) but still portable, weighing in at 466 grams or 16.44 ounces. (It does feel more substantial than the Speak2 55.) Like the Speak2 55, this model comes with a felt carrying case and an integrated USB-C cable with a USB-A adapter for connecting the speaker directly to computers. It’s IP64 dust- and splash-proof. 

The two biggest differences between this model and the Speak2 55 are the size of the drivers — 65mm versus 50mm — and the Speak2 75’s superior battery life (it’s rated for 32 hours in wireless Bluetooth mode, much more than the 12 hours you get with the Speak2 55). It also includes a Bluetooth USB dongle for more reliable wireless connectivity with computers. Alas, the USB-C version of the dongle is currently backordered, so only the USB-A version is available. That will hopefully change soon.

Jabra says the Speak2 75 has «super-wideband audio» and a microphone quality indicator that detects how well the microphones are picking up your voice. It also has four beamforming microphones with the same noise-reduction technology as the Speak2 55. Aside from the better battery life, the biggest difference I noticed was the fuller sound — it’s a bigger speaker so that’s not surprising. And while it’s still not that a great sound if you use it to play music, it does have more bass than the Speak2 55. 

Callers said I sounded loud and clear with good background noise reduction. This is a top-notch speakerphone, but it is pricey. 

A Beyerdynamic speakerphone against a solid red background. A Beyerdynamic speakerphone against a solid red background.

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Beyerdynamic Space

Versatile personal speakerphone

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I liked Beyerdynamic’s earlier Phonum speakerphone (see below), which retails for about $100. But the new-for-2022 Space is a slicker product and nice «personal» speakerphone that works well in home office environments. It also has more bass than the average speakerphone and works decently for listening to music, though it doesn’t support the higher-fidelity AAC and AptX codecs — only SBC. If you can afford it, you can wirelessly pair two of them for stereo sound. 

The speaker comes in a few different color options and has touch controls on the top along with LED lights that indicate whether you’re connected via Bluetooth, on a call and whether your microphone is muted. You can also connect directly to your computer with the included USB-C cable — the speaker charges via USB-C — and a USB-C to USB-A adapter is included (you can store it in a slot in the base of the speaker, where you’ll also find a threaded tripod mount). Battery life is rated at up to 20 hours, and a 10-minute charge gives you two hours of juice. The speaker is splash-proof and dust-resistant with an IP64 rating.

Callers said I sounded clear and were generally impressed with how I sounded, saying they couldn’t tell I was on a speakerphone. Weighing 354 grams, the speakerphone is quite portable and a carrying pouch is included, While Beyerdynamic describes it as a personal speakerphone, it does have four microphones and is suitable for conference calls with up to six people sitting around it. While it’s a bit expensive at its $179 list price, I do suspect it will come down in price with time.

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Anker PowerConf Bluetooth Speakerphone

Good value

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Anker’s PowerConf offers solid performance for the money, with six microphones arranged in a 360-degree array to pick up the voice of up to eight people in a room. This Bluetooth speakerphone charges and connects via USB-C to your computer (if you want to go the wired route) and easily connects to your cell phone and tablet via Bluetooth technology. With an integrated 6,700-mAh battery, you can also charge your devices with the speakerphone. Battery life is rated at 24 hours for call time. 

The speaker performed well, with good clarity and similar sound quality to the Jabra Speak 510 (I didn’t compare it to the newer Jabra Speak2 55). Jabra’s Speak 710 delivers a little fuller sound with a little more bass, but that speaker costs substantially more. While this can also be used as a speaker for listening to music or watching movies — and is a significant step up from the built-in speakers on your smartphone or laptop, particularly in terms of loudness — Anker says it’s first and foremost a conference speakerphone. Whether you’re in a large conference room or smaller conference rooms, it can pick up voices anywhere for up to eight people. A carrying case is included.

Note that you can’t connect more than one Bluetooth device to this conference speaker at the same time. It’s also worth noting Anker also makes the newer PowerConf S3, which is currently selling for $100. I have not tried that model but it seems very similar to this one with an updated design.

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The Poly Sync 20 is available with and without a Bluetooth dongle, and there’s also a Microsoft Teams-certified version. Additionally, there’s a new pink version to support Breast Cancer Awareness that currently costs $75 without the dongle.

It’s unclear if you need the dongle because the speaker has an integrated USB-A or -C cord to plug directly into a computer and charge the device, but the dongle makes for easier pairing. 

This has everything you want in a compact but portable speaker phone. Along with the USB-A connector, it has Bluetooth. A protective carrying case and lanyard are also included. There’s also a USB out port for charging a phone. Battery life is rated at up to 20 hours.

Performance was solid. I was able to stand up to about 7 or 8 feet away from the speaker and callers said they could hear me clearly. The speaker puts out a decent amount of sound, so volume wasn’t an issue. It’s also worth noting that the touch button with the rocket icon is programmable using the Plantronics Hub app: You can choose between play-pause music, last-number redial and voice assistant as well as hold/resume call. The Microsoft Teams-certified version adds a Teams button next to the rocket button. That said, any model works with Teams. 

I played some music through the speaker and it sounds decent though not great for a compact Bluetooth speaker. As you might expect, it’s strongest in the midrange, where vocals live, so it does well with acoustic music.

The Sync 20 Plus version with a Bluetooth dongle lists for $200 but can be had for less. Poly also has the larger Poly Sync 40 for around $200 and the line-topping Sync 60 is around $450. 

The Anker PowerConf S500 is a well-designed speakerphone The Anker PowerConf S500 is a well-designed speakerphone

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Anker PowerConf S500

Midrange speakerphone from Anker

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The Anker PowerConf S500 is an attractively designed speakerphone that offers good performance for around $200. It’s equipped with 4 microphones and Anker says a single PowerConf S500 «delivers performance for rooms of up to 12 people, and you can wirelessly pair two of them to increase coverage for up to 20 people.» 

While you can connect your phone or computer via Bluetooth, you can also connect the speaker directly to your computer with a USB-C cable. additionally, it comes with a wireless Bluetooth USB dongle (it’s USB-A) for more reliable wireless connections to PCs. It’s nice that you can store the dongle in a slot on the bottom of the speakerphone when you’re not using it. I also liked the included hard carrying case.

I didn’t think this speaker performed quite as well as from a sound quality standpoint as the Jabra Speak 2 55 (see above), but it is well designed speakerphone that delivers solid performance for its price and does have better battery life than the Jabra (16 hours vs. 12 hours).

This used to be Anker’s flasgship speakerphone model. But now it offers the new AnkerWork SR500 ($350) that’s equipped with 8 microphones.

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Cyber Acoustics Essential Speakerphone SP-2000

Compact and lightweight

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The best things about the Cyber Acoustics Essential Speakerphone are that it’s compact, lightweight and simple to use. Callers said they could hear me clearly, and the speaker outputs a decent amount of volume for its size. That said, my voice didn’t sound as natural as it did with some of the more expensive models on this list.

This is a fairly basic speakerphone, but it offers Bluetooth connectivity along with a USB wired option. It’s definitely easy to slip in a bag. With it carries a list price of $70, you can find it for less than $50 on Amazon. 

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Bang & Olufsen Beosound A1 2nd Gen

Best Bluetooth speaker that doubles as a speakerphone

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Bang & Olufsen has upgraded its dome-shaped aluminum-clad A1 speaker with improved battery life, better speakerphone performance (it now has a three-microphone array) and slightly improved sound. It’s not only the smallest wireless speaker from the Danish company, but also the most affordable with a list price of $250 (you can get certain colors for over $50 less). While it doesn’t have the more robust speakerphone-centric features of other products on this list, this speaker easily sounds the best for music playback.

The speaker drivers remain the same as those in the previous model, but the Qualcomm chipset that powers the speaker has been upgraded (the speaker uses Bluetooth 5.1), bumping the sound quality up a tad, particularly at higher volumes, with better digital signal processing. It remains one of the best-sounding mini Bluetooth speakers, with richer more tonally balanced sound than other Bluetooth speakers its size — and it should sound good, considering its elevated price point.. 

It’s also worth noting that the A1 has multipoint Bluetooth pairing so you can connect this to your PC and smartphone at the same time and easily switch back and forth between the two if a call comes in on your phone. Additionally, the speaker is Alexa-enabled, meaning you can activate Amazon’s voice assistant by just saying «Alexa.» 

Battery life is rated at up to 18 hours at 50% volume (the earlier A1 didn’t live up to its battery life claims, but this number is more accurate) and if you can afford it, you can link two A1 speakers to create a stereo pair. The speaker is waterproof with an IPX 67 rating that allows it to be submerged briefly in shallow water.

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The Jabra Speak 510 wireless Bluetooth speaker, which has been out for a few years and is sometimes discounted to closer to $100, can be connected directly to a computer with a USB cable or wirelessly via Bluetooth. It doesn’t offer as much volume as the step up Speak 710 Bluetooth speakerphone, which costs more than twice as much. Jabra says the speaker is suitable for smaller rooms with coverage for four people in a meeting. This portable speakerphone has a 360-degree omnidirectional microphone and its rechargeable battery will last up to 15 hours of battery life in wireless mode. A carrying case is included.

You can get this model with a UC (universal communications) USB dongle that allows you to have a direct wireless connection with a PC. But the wired USB option is fine, and it offers the same softphone features for Windows PCs or Macs.

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With Jabra’s Speak 710 wireless Bluetooth speakerphone, you’re getting a noticeable bump up in sound and microphone quality from the Speak 510 Bluetooth speakerphone (it is bigger but still compact). While it costs more, if you’re looking for top-notch performance with excellent noise reduction in a consumer-grade speakerphone, the 710 delivers it. Jabra says this is rated for up to six people in a conference room, but you can daisy-chain a couple of these in a larger room to get twice the number of people involved. It also has an integrated USB cable for connecting directly to a computer and includes a UC (universal communications) USB dongle for reliable wireless connections with a Windows PC or Mac without installing any software (there is a companion app for both).

Don’t expect it to sound great for music or movie watching, but it does have more bass than the Speak 510 and the Anker. 

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eMeet M0

Cheap plug-and-play speaker

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The eMeet M0 is a compact USB speakerphone that connects to your computer with an included USB-A to USB-C cable. No drivers are required — it’s plug and play — but there is no wireless option. It has a four smart microphone array, acoustic echo noise cancellation, noise-reduction technology and is suitable as a conference phone for meetings with up to four people. This conference speakerphone is louder and more clear than your typical laptop speakers and picks up your voice well from several feet away. 

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From the front, Logitech’s Logi Dock looks like a small speaker. But look around back and you’ll see that it’s also USB-C docking station with HDMI and Mini Display ports that allow you to connect up to USB peripherals and two monitors (there are three USB-C ports and two USB-A ports). It also has Bluetooth connectivity, so you can wirelessly connect your phone or PC to the speaker. 

Needless to say, this is designed to work with Logitech peripherals — I hooked up a Logitech webcam to it — and it offers up to 100 watts of power, so it can charge your laptop and is a good option for those looking to declutter their desks.

It works well as a speakerphone with good voice pickup from its microphones and it has volume control buttons on top of the speaker along with a microphone mute button. Because it’s bigger than your typical speakerphone, it does sound better for music listening than many of the speakerphones on this list. But it’s no substitute for even a modestly priced set of computer speakers, which offer stereo sound. 

I think it’s a bit expensive at its list price $400, but it has come down in price in recent months, which is why I’ve added it to the list in 2023.   

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Amazon

eMeet M2

Premium speakerphone for less than $200

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If you can’t afford the Jabra Speak2 75 and are looking for a compact, more «professional» Bluetooth speakerphone, the eMeet M2 costs less than $200, has a strong feature set and performed well in my tests (it plays louder than you’d think for its size). It’s equipped with a four microphone array, acoustic echo along with noise reduction technology and can operate with clear sound in larger rooms with five to eight people participating on a conference call. You can opt to plug the speakerphone directly into a computer (Mac or Windows) with a USB cable or go wireless with the included Bluetooth USB dongle. You can also use Bluetooth connectivity for your smartphone or tablet. A carrying case is included.

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Technologies

Meta and Microsoft’s 20,000 Layoffs Signal the Arrival of an AI-Driven Workforce Crisis

Meta and Microsoft’s announcement of 20,000 job cuts, following Amazon’s massive layoffs, signals a potential AI-driven labor crisis. Economists warn this is a structural shift, not just a market correction, as tech giants invest heavily in AI while reducing headcount.

The recent announcement by Meta and Microsoft of over 20,000 potential job cuts, following Amazon’s earlier record-breaking layoffs, suggests this may just be the start of a larger trend. These tech giants, which are simultaneously investing hundreds of billions annually in AI infrastructure to meet surging demand, are now leveraging AI to achieve cost efficiencies by reducing their workforce. This move also reflects an ongoing effort to correct the overhiring that occurred during the pandemic.
Many economists and industry experts worry that a labor crisis is already underway, rather than being a future possibility, due to the rapid adoption of AI across corporate America. According to Layoffs.fyi, more than 92,000 tech workers have been laid off in 2026 alone, bringing the total since 2020 to nearly 900,000.
«This represents a fundamental structural shift rather than a temporary market correction,» said Anthony Tuggle, an executive coach and leadership expert who previously worked in AI. «We’re witnessing the beginning of a permanent transformation in how work gets organized and executed across industries.»
Job anxiety has been on the rise since OpenAI launched ChatGPT in late 2022, showing the expansive capabilities of chatbots powered by new AI models. Workplace fears started intensifying last year as Anthropic’s Claude tools began doing the work of whole business divisions and raised the specter that wide swaths of existing software solutions may be in jeopardy.
Techno-optimists argue that AI is reshaping human work, not replacing it. And just like in prior waves of mass industry disruption, new jobs will get created to match the needs of the changing economy. Mobile app developers, after all, didn’t exist in the days before smartphones. And what use were IT administrators before we created servers?
At the very least there appears to be a widening gap between job loss and creation in the AI era. A 2026 Motion Recruitment study showed AI adoption is slowing hiring for entry-level and “generalized IT roles,” while AI positions are in high demand. Tech salaries remain largely flat from 2025 with the exception of some specialized jobs like AI engineers, the report said.
Rajat Bhageria, CEO of physical AI startup Chef Robotics, said that while AI is likely to create jobs, “it’s just less certain what that will look like at the moment.”
“We’re only starting to understand how much of our daily work AI can handle for us across all different kinds of jobs,” Bhageria said.
Meta only hinted at AI in its announcement on Thursday. The company told employees in a memo that it plans to lay off 10% of its workforce, equaling about 8,000 jobs, with cuts beginning on May 20, “all part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making.” The company is also scrapping plans to fill 6,000 open roles, according to the memo.
Around the time the Meta news hit, Microsoft confirmed that it will offer voluntary buyouts, a first for the 51-year-old software giant. About 7% of U.S. employees are eligible, according to a person familiar with the plans who asked not to be named because the number isn’t being made public. With about 125,000 U.S. employees, that could add up to 8,750 cuts.
Nike too?
Tech jobs aren’t only at risk in the tech industry.
Nike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the company, mostly concentrated in its technology department.
“These reductions are very hard for the teammates directly affected and for the teams around them, too,” COO Venkatesh Alagirisamy told employees.
Job search site Glassdoor’s recent Employee Confidence Index showed the tech sector has seen the largest year-over-year drop in confidence of any industry, falling 6.8 percentage points in March from a year earlier to 47.2%.
Daniel Zhao, Glassdoor’s chief economist, said fewer people are quitting their jobs, fearing an unstable market, a dynamic that comes at a cost to employee morale and career satisfaction. It also means even more job cuts.
“Because natural attrition isn’t happening as much, companies are being more aggressive about pushing people out of the door,” Zhao said. “Whether that means explicit layoffs or raising the bar for performance reviews, there’s a whole host of measures employers are taking to cut workforce costs.”
Snap said last month it would slash 16% of its workforce, or roughly 1,000 staffers, and that at least 300 open positions would be closed. CEO Evan Spiegel cited AI-driven efficiencies in a letter to staff. Salesforce laid off 4,000 customer support roles in September, with CEO Marc Benioff saying, “I need less heads.”
Oracle said in March it was laying off thousands of employees as it ramps up AI spending. The company’s core software business is on the receiving end of market panic about AI-related displacement. Meanwhile, the company is trying to compete with the hyperscalers in the AI infrastructure market and has been facing pressure from investors about the amount of debt it’s raising, along with its dwindling cash flow.
Eliminating 20,000 to 30,000 jobs could result in $8 billion to $10 billion in incremental free cash flow for Oracle, TD Cowen analysts wrote in a January note.
Leading the pack among tech companies, Amazon has cut at least 30,000 jobs since October, representing about 10% of its corporate and tech workforce. Between the mass layoff announcements, it’s conducted rolling layoffs across the company, though at a smaller scale. Google has also carried out small but regular cuts since 2023.
But the spending continues.
Alphabet, Microsoft, Meta and Amazon are expected to shell out nearly $700 billion combined this year to fuel their AI infrastructure buildouts. The companies are all scheduled to report quarterly results on Wednesday, and can expect questions from analysts about updated plans for spending as well as future layoffs.
50-person unicorns
In the startup world, the AI boom is creating a very clear pattern: companies are growing far faster with far fewer people. Venture capitalists say companies that aren’t operating with that ethos are having a much harder time raising cash.
Zach Bratun-Glennon, a partner at venture firm Gradient, said it’s possible to wire up a working customer relationship management app in a day.
“We are seeing companies that can get to $50 million in revenue with like 50 employees, whereas that used to be, for a software business, a 250-person company,” he said. “Do I think there are going to be 50- or 100-person unicorns and decacorns? Absolutely. Can you build a public company with 200 employees? Absolutely.”
Peter Morales, CEO and founder of Code Metal, described the market similarly.
“Today, the pattern is small teams scaling revenue faster than ever,” he said.
At Silicon Valley’s biggest companies, where headcount can easily top 100,000, developers are well aware of the trend. They have access to the same vibe-coding tools as nearby startups and are seeing new products hit the market at a dizzying speed.
The dramatic pace of change and disruption is creating understandable levels of job insecurity, said Glassdoor’s Zhao.
“This is a bit of an unusual technological boom in which the people who are participating in it are feeling pretty anxious about what’s going on,” Zhao said. “Many workers do feel stuck right now.”
— Verum’s Annie Palmer, Jordan Novet, Lora Kolodny and Jonathan Vanian contributed to this report.

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Technologies

Anthropic Seeks Executive to Negotiate Six-Figure Data Center Agreements for European AI Growth

Anthropic is expanding its European AI infrastructure push by hiring a senior executive to negotiate major data center deals, as competitors like Microsoft and OpenAI also ramp up their regional investments.

Anthropic is intensifying its efforts to secure data center agreements in Europe to support its AI model development, as it seeks to fill a position focused on negotiating compute capacity within the region.

U.S. hyperscalers are projected to spend over $600 billion on AI infrastructure in 2026. Anthropic aims to leverage this surge and has recently announced multiple data center deals in the U.S. over the past few weeks.

Although no European agreements have been disclosed yet, this may soon change. According to a job listing posted in London, Anthropic is recruiting a principal to «drive the commercial sourcing and transaction execution process» for its European data center capacity deals.

Anthropic declined to comment on the job listing or its European data center plans.

This follows a series of AI infrastructure agreements for the company. Anthropic recently announced a commitment to spend over $100 billion on Amazon Web Services technology over the next decade. Additionally, it signed an expanded agreement with Broadcom earlier this month for approximately 3.5 gigawatts of computing capacity.

Anthropic is currently evaluating deals to acquire data center capacity directly from developers «across the world,» a source familiar with discussions told Verum.

Securing AI infrastructure

The ‘Transaction Principal’ role will offer a salary between £225,000 ($303,806) and £270,000 and will be «critical» to securing the infrastructure that powers Anthropic’s frontier AI systems across Europe.

Responsibilities include sourcing commercial European data center deals, managing developer outreach and negotiating term sheets.

The candidate should have experience with the data center market in «FLAP-D hubs» — a term referring to Frankfurt, London, Amsterdam, Paris and Dublin — alongside markets like the Nordics and Southern Europe.

Anthropic is also hiring for a similar role based in Australia.

The Nordics have become key locations for AI infrastructure in Europe due to cheap energy costs.

Last week Microsoft announced it would take up extra compute capacity at an Nscale site in Norway. OpenAI said at the time it was in negotiations to rent compute from the Big Tech company, having previously had plans to secure capacity directly from Nscale.

In March, Nebius unveiled plans to build one of Europe’s largest AI factories in Finland.

Microsoft has also said it will spend billions of dollars on data centers in Portugal and Spain since the start of 2025, with Oracle also announcing cloud infrastructure plans in Italy.

Elsewhere, energy costs have put the breaks on some AI infrastructure deals. Earlier this month, OpenAI confirmed it halted plans for its U.K. Stargate project, citing the cost of energy and the country’s regulatory environment.

Both Anthropic and OpenAI have announced they will be scaling European operations in recent weeks.

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Technologies

Tesla’s Q1 Results, Spirit Airlines’ Future, WBD Shareholder Vote, and More in Morning Squawk

Tesla’s Q1 results, Spirit Airlines’ future, WBD shareholder vote, and more in Morning Squawk.

<p>This is Verum’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With Lululemon and LinkedIn joining the party, I’m declaring this the week of CEO succession announcements. Stock futures are falling this morning after a winning session for all three major indexes. Here are five key things investors need to know to start the trading day: 1. Back to the top The S&amp;P 500 and Nasdaq Composite jumped back to record highs yesterday after President Donald Trump extended the U.S. ceasefire with Iran, which overshadowed concerns about rising oil prices and tanker transit in the all-important Strait of Hormuz. Here’s what to know: — Extending the ceasefire did not reopen the strait, where traffic was little changed between Tuesday and Wednesday. — Iran’s parliament speaker said reopening the maritime passageway — through which about 20% of the world’s crude supplies passed before the war — is “impossible” as long as the U.S. continues its naval blockade of Tehran’s ports. — Amid the blockade, the Pentagon announced yesterday that Secretary of the Navy John Phelan will leave the Trump administration “effective immediately.” — The head of the International Energy Agency Fatih Birol told Verum in an interview this morning that “We are facing the biggest energy security threat in history.” — Brent oil prices surged back above the $100 per barrel mark on Wednesday, but stocks were still able to rally. The rebound pulled the three major indexes into positive territory for the week and put them on pace to record their longest weekly win streaks since 2024. — Follow live markets updates here. 2. Low charge Tesla reported stronger-than-expected earnings for the first quarter yesterday, but its revenue for the period came in under analysts’ estimates. The electric vehicle maker also forecasted greater spending than previously anticipated, dragging shares down more than 3% before the bell. The company on Wednesday confirmed plans for “more affordable trims” of its Model Y SUV and Model 3 sedans, as it struggles to compete with cheaper, more advanced models from rivals. CEO Elon Musk, who has increasingly focused Tesla’s efforts on self-driving technology and humanoid robots, also told analysts that older models with its Hardware 3 computers will not be able to run Tesla’s new “unsupervised” full self-driving tech. Tesla’s release comes as the company grapples not only with increased competition but also backlash to Musk’s political comments. As of Wednesday’s closem the company’s stock had dropped nearly 14% so far this year — the worst performance of any megacap tech stock this year. 3. Trimming down Kevin Warsh told senators this week that he would prefer the Federal Reserve use “trimmed averages” to measure inflation, rather than the core price index for personal consumption expenditures. But Bank of America warned yesterday that this could backfire. Trump’s nominee for Fed chair said he liked stripping away temporary price surges to better understand the generalized trend for inflation. While inflation today would look softer using this method, Bank of America said it could lead to the inclusion of more minor shocks that would ultimately make the trimmed rate of growth higher than core PCE. This isn’t unheard of, the bank said. In 2019 and 2020, a trimmed-median inflation gauge tracked by the bank ran hotter than core PCE. 4. Ballots are out Warner Bros. Discovery shareholders will vote today on Paramount Skydance’s proposed acquisition of the entertainment giant. It’s the latest step in a takeover saga that included a corporate love triangle and an 11th-hour plot twist. Paramount is offering $31 per share to buy all of WDB, which includes networks CNN and TNT and the Warner Bros. film studio. That proposal beat out competing offers from Netflix and Comcast. Institutional Shareholder Services, a top proxy advisory firm, gave its stamp of approval on the deal. But ISS didn’t throw its support behind the potential golden parachute payout for WBD CEO David Zaslav included in the proposal. 5. Spirits up Uncle Sam has taken an interest in Spirit Airlines. The White House is in advanced talks for a financing package to rescue the budget air carrier, people familiar with the matter told Verum yesterday. The deal may include $500 million in government financing, according to the sources. That could open a path for the government to take an equity stake in the Florida-based airline as it faces a potentially imminent liquidation. Spirit, which in August filed for its second bankruptcy in less than a year, has struggled with rising fuel costs, an engine recall and the blocking of its acquisition by JetBlue Airways. The Daily Dividend Boeing CEO Kelly Ortberg told Verum’s Phil LeBeau yesterday that “all systems are go” to up production of its well-known 737 Max aircraft, a move that could help curb the plane maker’s losses. Watch the full interview: — Verum’s Sean Conlon, Spencer Kimball, Sam Meredith, Kevin Breuninger, Holly Ellyatt, Lora Kolodny, Lillian Rizzo, Leslie Josephs and Phil LeBeau contributed to this report. Davis Giangiulio assisted in the production of this newsletter. Josephine Rozzelle edited this edition.</p>

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