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Closing Bell

Closing Bell: Make-or-Break Moment for Nvidia 11/19/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 19 November 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

All eyes are on Nvidia today. What should investors expect from the report, the guidance, and the conference call? We discuss with Kristina Partsinevelos, Bernstein’s Stacy Rasgon and Capital Area Planning Group’s Malcolm Ethridge. Plus, Sherry Paul from Morgan Stanley tells us what’s at stake for the AI trade on the back of those critical earnings.

Transcript

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0:00.0

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

0:03.9

This maker breakout begins with what else, the countdown to NVIDIA.

0:07.2

It's highly anticipated earnings report. We do have a team of experts at the ready,

0:11.3

including star analyst Stacey Raskon. They'll all tell us what to watch most of all.

0:17.1

Here's how we look now with 60 to go from that release. A fairly muted day on the street today,

0:22.6

given what's at stake in overtime. No big surprise there. Nasdaq is the big winner, but it's led

0:27.6

by a continued burst in alphabet. Unbelievable story for those shares. Take a look. Up again today,

0:33.6

almost 4%. And that chart over a longer period of time just looks amazing. Elsewhere, target shares,

0:40.4

not so much. They were lower today on a revenue missed from their earnings report. Stock is down

0:44.9

more than 3%. How about Bitcoin? It's below 90K, again, volatile to say the least, down another

0:51.0

4% at 88,000 and change. Let's get right to our talk of the tape today.

0:56.9

All eyes on Nvidia, the report, the guidance, the conference call. We're setting you up for all of it.

1:01.5

Joining us now are ACE reporter, Christina Partinevolo, shareholder, Malcolm Etheridge,

1:05.8

and star analyst Stacey Raskon of Bernstein. It's good to have everybody with us.

1:09.7

Stace, I begin with you.

1:15.6

I want to know more than anything else what we need to know and pay attention to tonight.

1:17.4

Yeah, you bet.

1:21.1

I think people are already expecting a pretty strong quarter and guide. And I mean, Jensen at the GTC event a few weeks ago effectively said numbers next year

1:26.2

look way too low.

1:27.3

He talked about a

1:28.1

$500 billion order trajectory cumulative, like through 25 and 26, which if you parse it out,

1:34.9

is quite a bit higher where where current numbers sits. I think people are already expecting

...

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