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Closing Bell

Closing Bell Overtime: Banks Kick Off Earnings Season 7/14/25

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 14 July 2025

⏱️ 43 minutes

🧾️ 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

Click on a timestamp to play from that location

0:00.0

That bell marks the end of regulation.

0:02.4

Lincoln Financial ringing the closing bell at the New York Stock Exchange.

0:05.1

Artiva Biotherapeutics doing the honors at the NASDAQ and stocks are higher but just a bit.

0:09.5

All the major averages with small gains.

0:11.4

Good enough, though, for a record close for the NASDAQ.

0:14.7

Bitcoin, a strong story today, rocketing to a record of 123,000 before pulling back a bit so far.

0:21.1

More on Bitcoin's rise and Crypto Week coming up.

0:25.0

Communication services among the top S&P sectors, Warner Brothers Discovery, higher after

0:29.3

a kryptonite free weekend for Superman, energy the worst group, accidental petroleum

0:34.1

out with guidance this morning saying lower production and falling oil prices

0:38.4

could hit second quarter earnings.

0:40.7

And Procter & Gamble fall into its lowest level since early last year after a downgrade

0:45.1

from Evercore.

0:46.3

The analyst saying P&G is losing ground in online sales, particularly on Amazon.

0:52.2

That's a score caught on Wall Street, but winter stay late. Welcome to closing bell overtime. I'm John Fort. Morgan Brennan is off today. Ahead, we're getting you ready for the market's next catalyst earnings. Many of the biggest banks reporting tomorrow and Wednesday. We're going to talk to an analyst about their prospects, and it's not just banks. Tim Seymour will be here to break down some of the other big names reporting this week. Netflix, Johnson & Johnson, and 3M all do out. But we can't

1:16.6

forget about tariffs, even though we might want to. As the president making more pronouncements

1:20.8

from the Oval Office today, including 100% tariffs for any country doing business with Russia.

1:29.2

Former Commerce Secretary Carlos Gutierrez about to join us with analysis there. But let's begin with those latest comments

1:34.2

from the president on tariffs. Megan Kasella is live at the White House. Megan.

1:39.9

Hey, John, to the question that everybody wants to know the answer to at this point is with all of these latest tariff threats set to take effect on August 1st, are they actually going to go into effect then or are they simply still a negotiating tactic?

1:52.7

Here's what the president had to say on that point in the Oval Office earlier today.

1:57.5

The deals are already made. The letters are the deals. The deals are made. There are no deals to make. They would like to do a different kind of a deal. And we're always open to talk. We are open to talk, including to Europe.

...

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