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5 Things To Know: October 31, 2025 - Government Shutdown, Airport Delays, Reddit & Coinbase Earnings

CNBC TelevisionOctober 31, 20251 min968 views
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Government Shutdown and Senate Rules

  • πŸ›οΈ President Trump is urging Republicans to adopt the nuclear option in the Senate to change rules and reopen the government.
  • βœ‚οΈ This involves getting rid of the Senate filibuster.

Airport Delays Amidst Shutdown

  • ✈️ Airport delays are persisting due to a shortage of air traffic controllers.
  • πŸ“ Major airports like Orlando, Dallas/Fort Worth, and Washington DC experienced delays.
  • πŸ“’ Delta, United, and American Airlines have called on Congress to reopen the government and ensure air traffic controllers are paid.
  • πŸ“œ Airlines urged senators to pass a clean continuing resolution.

Company Earnings and Performance

  • πŸ“ˆ Reddit's shares are trading significantly higher after beating earnings and revenue estimates.
  • πŸš€ The company also provided current quarter guidance above expectations.
  • πŸ’° Coinbase shares are also up, with the company reporting a resurgence in retail and institutional trading on its platform.
  • πŸ“Š Both companies exceeded their earnings and revenue expectations for the quarter.
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What’s Discussed

Government ShutdownSenate FilibusterNuclear OptionAir Traffic ControllersAirport DelaysContinuing ResolutionReddit EarningsCoinbase EarningsRetail TradingInstitutional Trading
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