Closing Bell: FuboTV’s Lawsuit, Mega-Cap Tech & Nvidia Earnings Preview 2/20/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 February 2024
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | All right, Ty thanks so much. Welcome to the Closing Bell. I'm Scott Waughner live from Post 9 here at the New York Stock Exchange. |
| 0:06.0 | This make-a-break hour begins with Tex Big Test. Part one today when high-flying Palo Alto reports earnings in just about one hour's time, part two, tomorrow, |
| 0:15.0 | when none other than NVIDIA delivers. |
| 0:17.5 | That stock, which is lower today, so emblematic of the run in mega caps and the hype around AI so we will ask our experts over this |
| 0:24.3 | final stretch what is really riding on those results in the meantime take a |
| 0:29.0 | look at your scorecard with 60 minutes to go in regulation market's been a |
| 0:32.0 | weaker for most of the day to day. |
| 0:34.0 | Russell, it is the big laggard, and that |
| 0:36.3 | follows two straight weeks of gains for the small caps, |
| 0:38.7 | NASDAQ down sharply declines from not only in video, |
| 0:41.1 | but Microsoft, Amazon, Amazon Meta and Apple. |
| 0:44.0 | Interest rates are hovering near their highest levels since November and that's probably weighing |
| 0:47.9 | on things a bit too which takes us to our talk of the tape. |
| 0:51.0 | The state of stocks with Bulls and Bears both feeling better |
| 0:54.4 | about their arguments lately. We've got one of each with us today to debate the |
| 0:58.4 | road ahead for your money. Greg Branch of Veritas Financial Group, John |
| 1:01.3 | Maori of NFJ Investment Group, Greg, a |
| 1:03.9 | C. M. B. C. contributor. It's great to have you both with us. We revisit this |
| 1:07.9 | from time to time and now is a good time to do that. And Greg, I'll turn to you |
| 1:12.2 | first, you're sitting here. It's nice to have you back at post nine |
| 1:14.4 | your story has remained very much the same in fact from your notes it appears as though |
| 1:19.8 | you're almost emboldened again as a bear. |
... |
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