Closing Bell Overtime: 10 Years Of Satya Nadella’s Leadership At Microsoft; Palantir’s Monster Quarter 2/5/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 5 February 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | All the major indices in the red, the Russell down 1%, well Treasury year spike, stock struggle, |
| 0:06.8 | although we are closing off lows in the session. |
| 0:09.2 | That's the scorecard on Wall Street, but when you stay late, welcome to closing |
| 0:11.7 | overtime, I'm John, with Morgan Brennan. |
| 0:14.1 | Well, McDonald's investors not loving it today. |
| 0:17.2 | That stopped the biggest drag on the Dow after sales miss, |
| 0:19.8 | and not surprisingly, consumer discretionary, |
| 0:22.2 | one of the worst sectors today along with |
| 0:24.8 | materials and real estate now investors turning to another big slate of |
| 0:29.4 | after hours earnings we will have instant analysis of the results from |
| 0:33.8 | the NXP Semiconductor Palantier, Simon Property Group, and Chegg. And now for more |
| 0:39.1 | on the markets let's bring in our panel. We've got Eric Johnston of |
| 0:42.0 | Kenner Fitzgerald, Bob Dahl from |
| 0:43.4 | crossmark. Guys, good to see you. Bob, you're still calling this market a sugar high? |
| 0:49.6 | Yeah, I am and as you pointed, it's that's the path of least resistance is still higher because there's a lot of momentum, but I'm one of those old guys that's worried about, you know, 20 times earnings and the Fed's not going to live up to cut expectations. |
| 1:08.6 | And I don't see how we get double digit earnings growth. |
| 1:11.3 | I put all to get that together I'm invested but I'm |
| 1:14.0 | nervous. |
| 1:15.0 | Okay and Eric you were bearish for a while you know last year but it's a new year, so we'll get off that. |
| 1:23.4 | Last time you were on, you said you weren't so excited about Tesla and Apple, but the other |
| 1:28.6 | big stocks you were, you were right about that. |
| 1:31.8 | So how are you playing the market from here? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

