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Closing Bell

Closing Bell: Countdown to Apple 1/29/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 29 January 2026

⏱️ 42 minutes

🧾️ Download transcript

Summary

Apple’s stock has been a big disappointment lately – so what’s at stake for its report in Overtime? Alger’s Ankur Crawford, Wedbush’s Dan Ives and Big Technology’s Alex Kantrowitz tell us what they’re expecting. Plus, big moves in coffee, cruises and credit cards today shed some new light on the state of the consumer. We explain. And, the Jetblue CEO tells us how the latest winter storms are impacting the company’s bottom line.

Transcript

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0:00.0

Welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.

0:04.4

This maker breakout begins with another big test for big tech. Apple reporting earnings in a little more than an hour.

0:10.7

We'll of course discuss what's at stake with our All-Star team today. In the meantime, we show you the scorecard here with 60 to go.

0:17.6

And regulations, stocks have been read all day long as a big drop in Microsoft

0:22.1

drags down stocks.

0:24.1

It drags the NASDAQ.

0:25.4

It drags down tech.

0:26.7

And it's sort of dragging sentiment around software.

0:29.8

Meta though.

0:30.7

Bucking the trend today.

0:32.2

It surges following its better than expected revenue growth.

0:35.4

We'll talk more about that coming up.

0:37.1

Service now,

0:37.7

syncing along with other software names, as I said, that stock down 12%. But how about IBM? It's a standout

0:43.6

today. After its solid earnings beat, that stock is rising, and it's had a really nice run. How about

0:49.3

Lamb Research? It's strong as well. Its own strong earnings report and guidance.

0:54.7

Ending up with a chart that looks like that today.

0:56.8

It takes us to our talk of the tape. The countdown to Apple with that stock a big disappointment lately.

1:02.1

Yes, we will get to that with our panel.

1:05.1

Alder's Anker Crawford and Wedbush's Dan Ives and Big Technologies, Alex Cantorowitz.

1:10.6

Going to join us in just a minute.

1:12.6

All right, we're going to get to Apple, okay?

...

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