Closing Bell: Netflix Q3 & The AI Race 10/17/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 17 October 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

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0:00.0	All right guys thanks so much welcome to closing bell I'm Scott Wabner live from
0:03.2	post nine here at the New York Stock Exchange this make a break hour begins
0:06.1	with new records for stocks and new questions for investors namely whether
0:10.0	this market is setting up for a year- run now. We'll ask our experts over
0:13.6	this final stretch set you up for Netflix's numbers in overtime as well. In the
0:17.4	meantime let's show you the scorecard here with 60 minutes to go in
0:20.4	regulation that Dow and the S&B hitting record highs earlier today.
0:23.7	The new retail sales report showing the economy still looking pretty good.
0:27.3	Standouts today, Taiwan Semi.
0:29.7	They beat and raise that's helping the chip space.
0:32.0	It's helping in new all-time
0:33.7	high today on the back of that news and it is right on apples heels now for the
0:37.8	most valuable company in this market by market cap. Blackstone surging today
0:42.0	too after its own strong earnings report.
0:44.1	Near 7% there. It does take us to our talk of the tape. The road ahead for stocks
0:49.2	which continue to reach new heights. So how high can they go? Let's ask Joe
0:53.7	Terranova, Chief Market Strategist for Verdes. Jason Snipe of
0:56.7	Odyssey Capital Advisors, Kristen Bitterley of City is also with us and Joe and
1:01.0	Jason as you know are see NBC contributors contributors which is why I'll go to
1:03.9	Chris first so we hit these new highs we continue to climb and I don't know if
1:09.7	there's like a wall of worry or whatever is out there we continue to be resilient and just
1:14.9	keep climbing it does that continue we continue to be resilient I think I've
	...

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