Closing Bell Overtime: An Exclusive Interview With Alphabet CEO Sundar Pichai 5/14/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 14 May 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Alphabet CEO Sundar Pichai talks Google’s new slate of AI offerings including Gemini 1.5, AI Overviews and teased its Project Astra after getting off stage at Google I/O, its developer conference. Plus, GM President Mark Reuss on the company’s EV strategy and Anduril CEO Brian Schimpf on the company’s Disruptor 50 ranking and what’s ahead for the startup.

Transcript

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0:00.0	A record setting day for the NASDAQ closed at its highest level ever.
0:09.7	The S&P 500, just seven points shy of a record of its own that is the scorecard on
0:15.5	a wall strip but the action is just getting started welcome to closing bell
0:18.1	overtime I'm Morgan Brennan with John Forrest and we have got a big show coming
0:22.2	your way.
0:23.0	Alphabet CEO Sundar Pichai is going to join us exclusively following today's I.O. developer
0:28.0	conference, we're going to hear about his AI strategy and how the company plans to stand out
0:32.4	from the crowded field of
0:34.3	competitors. Plus we will talk to the president of General Motors about why his
0:38.4	company is not backing off of its EV strategy but first let's get to the market.
0:44.6	We've got green across the screen, just green across the screen despite a hot inflation
0:48.9	report this morning with PPI and ahead of tomorrow's CPI prints that everybody's waiting for and plans to watch
0:55.0	so closely.
0:56.0	Joining us now, Vital Knowledge founder Adam Chrysophoulli and Pictet Asset Management
1:00.6	Chief Strategist Luca Puyolini.
1:03.0	Luca, you're here on set with us.
1:04.4	I'm going to kick this off with you, welcome.
1:06.2	Oh, nice to be here.
1:07.4	I mean, it's like April was a distant memory.
1:10.1	We've got a record high in the Nasak.
1:11.7	We've got the S&P closing in on its own record high even as we had this hotter than expected PPI number. Yes, I know we've had revisions to some of the previous months, but what do you think of stocks here at these levels?
1:23.0	Well let me say that there are very simple facts here.
	...

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