Closing Bell: Countdown to Apple Earnings 5/2/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 2 May 2024
⏱️ 43 minutes
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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. |
| 0:03.8 | This make a break hour begins with all eyes on Apple. |
| 0:06.8 | That company ready to report earnings in overtime tonight and our experts are on the case with what to watch for when this stock might exit its slump. |
| 0:15.2 | That is the big question. In the meantime, your scorecard with 60 minutes to go in regulation looks like that. |
| 0:21.8 | We are green across the board. Stocks making a |
| 0:24.2 | little bit of a post-Pow bump and it's getting even better as we enter this |
| 0:28.0 | final stretch. The Fed share wasn't as hawkish as some had feared. Market |
| 0:32.2 | clearly likes that. Interest rates, well they're moving |
| 0:34.6 | lower and that's helping the overall environment as well. Good day for small caps, no big |
| 0:39.2 | surprise. Yields are down as we said. Tech up to all the big names in the space, getting a nice lift. |
| 0:44.9 | And speaking of the mega cap names, it does take us to our talk of the tape. |
| 0:48.3 | You know where this is going, assessing Apple. |
| 0:50.6 | Once the biggest and most important stock in this market, that was then, this is now. |
| 0:55.0 | Now tells a very different story, doesn't it? |
| 0:58.0 | Shares the worst performing in the group this year, so will tonight get the stock back on track. |
| 1:03.0 | Let's ask our panel, Malcolm Etheridge of CIC Wealth, |
| 1:06.0 | Brin talking to requisite capital management, |
| 1:08.5 | and Joe Terranova Avertis Investment Partners, |
| 1:11.1 | Bryn and Joe, CMBC see contributors, good to see everybody here. |
| 1:15.0 | Brin, you get the ball first. |
| 1:18.0 | What do you think about tonight? |
| 1:20.0 | I'll take the ball and run with it. |
... |
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