Closing Bell: Nvidia; To Trim or Not to Trim? 5/25/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 25 May 2023
⏱️ 43 minutes
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| 0:00.0 | Welcome to Closing Bell. I'm Scott Wopner live from Post 9 here at the New York Stock Exchange. We do have a big interview coming up this hour. |
| 0:06.4 | Billionaire investor Mark Lazzary is with us on all things markets. He also has a very special guest with him whom you don't want to miss. |
| 0:15.0 | We'll get to all that in a moment. |
| 0:16.6 | In the meantime, this make-a-break hour begins with Wall Street's AI obsession |
| 0:20.4 | and how long stocks like Invidia can keep surging. |
| 0:24.0 | Those shares having their best day in years on the back of earnings and sending several other names higher as well. |
| 0:30.0 | Here's your scorecard with 60 minutes to go in regulation. |
| 0:32.0 | Nasdaq, where the action clearly is today. card with 60 minutes to go in regulation. |
| 0:32.6 | Nasdaq, where the action clearly is today, |
| 0:35.5 | as chips and mega caps get a really big boost. |
| 0:38.6 | Not so much for other parts of the market, though. |
| 0:40.8 | The debt ceiling dual continues to be a bit of a drag and rates |
| 0:44.5 | continue to move higher as well today brings us to our talk of the tape to trim |
| 0:49.5 | or not to trim that really is the question as NVIDIA shares hit new all-time highs today. |
| 0:55.0 | Let's ask our panel then, Joe Terranova of Verdes and High Tower Stephanie Link, both are |
| 0:59.8 | CNBC contributors. |
| 1:01.5 | Algers, Anker Crawford is with us here at Post 9 as well. |
| 1:05.1 | It's great to have everybody with us. |
| 1:07.3 | Anker, I'll begin with you because Inviti is your third largest position. |
| 1:11.6 | When you saw the move in the stock, what was your reaction and |
| 1:16.4 | now you've had some time to digest all of this? What are you thinking now? |
| 1:20.3 | Well let me start with when I saw the revenue guidance, I almost fell off my chair. |
... |
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