Closing Bell Overtime: Apple Takes Center Stage; Tech Wrap Up Strong Month 4/30/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 30 April 2026
⏱️ 44 minutes
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| 0:00.0 | The bell is ringing out to the trading day at the NYSC Rays Summit, ringing the bell and up the NASDAQ. The astronauts from the Artemis 2 are doing the honors. Welcome to closing bell overtime. We're live in Studio B at the NASAC market site. I'm Melissa Lee, Mike Santolius, on assignment. And we are counting down to Apple's earnings just about half an hour away. We'll get to the results as soon as they are released and get instant reaction from analysts. Before that, though, some other big names |
| 0:25.2 | that to report, Dow component and Jen, plus two companies in the red hot memory space, Sandisk |
| 0:30.3 | and Western Digital plus Reddit and many more. Stocks, by the way, moving higher today following |
| 0:35.0 | the big tech earnings bonanza yesterday. The Dow of 850 points. |
| 0:39.1 | The S&P 500 up 1% closing at a record high, crossing 7,200 for the first time. The NASDAQ up just short |
| 0:46.0 | of 1%. Record close there as well. 2% gain for the Russell. And that closes out a great month for |
| 0:51.8 | stock. 7% gain for the Dow, 10% for the S&P 500, 15% for the NASDAC, |
| 0:57.9 | its best month in six years. Let's get straight to Sima Modi with a look at the stocks |
| 1:03.0 | driving today's game. Seema. Well, Melissa, the debate around tech continued. Tech heavyways |
| 1:08.7 | reported earnings last night, and it was Google |
| 1:11.0 | that arguably won the most praise its biggest one-day jump in one year after posting a strong |
| 1:16.8 | acceleration and growth, justifying its big KAPX raise, meta too, increasing the amount it plans |
| 1:22.3 | to spend on AI, but also went to the market with a more than $20 billion bond offering, according to our sources, |
| 1:28.9 | a sign that it is increasingly leaning on the debt market to fund the artificial intelligence |
| 1:33.1 | buildout, CEO Mark Zuckerberg, pointing to higher memory prices and compute costs. |
| 1:38.1 | Now, bigger CAPEX budget should be good news for Nvidia that designs the AI chips sold to all |
| 1:43.1 | the hypers, but the prospect of heightened |
| 1:45.7 | competition from the likes of Amazon that did say its custom AI chip tranium is seeing robust |
| 1:51.5 | demand, citing customers like OpenAI and Anthropics. So we saw Nvidia sell off while advanced |
| 1:57.4 | micro devices move higher by 5%. Outside of tag, but very much related to the topic of |
| 2:03.3 | AI, Caterpillar forecasting a sizable jump in revenue goathe as demand for power equipment |
| 2:09.2 | that is specializes in for data center customers continues to soar, shares up about 10% on the day, |
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