Closing Bell Overtime: Big Earnings Hit the Tape 10/25/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 25 October 2022
⏱️ 47 minutes
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| 0:00.0 | And what an hour we have in store for you today. |
| 0:03.4 | We'll get right to our talk of the tape. |
| 0:05.3 | Marquis earnings from Microsoft and Alphabet, |
| 0:08.4 | they are imminent with some calling it the most critical time for tech in years. Chipotle, Visa, Texas Instruments, Spotify, |
| 0:15.7 | also hitting momentarily. Our reporters, of course, are standing by. Our experts are with |
| 0:19.7 | the numbers and the analysis. We've got the stock moves and the |
| 0:23.0 | shareholders ready to weigh in. |
| 0:25.0 | So let's welcome in Verdes Investment Partners, Chief Market |
| 0:27.4 | strategist Joe Terranova. |
| 0:29.0 | He's here with me on set today to kick things off. |
| 0:32.0 | We're gonna get alphabet in a matter of seconds |
| 0:33.9 | then Microsoft and then all the others so here we go it's hard to overstate the |
| 0:38.8 | importance of this confirmation of the price action over the last several days market clearly |
| 0:43.8 | gravitating back towards the 5100 and 200 day moving averages trying to |
| 0:48.8 | initiate some of that rules-based non-discretionary buying, three months to 10-year, it's inverted, so you're getting the economic |
| 0:56.5 | contraction, feeling a little bit better that the Federal Reserve at some point might begin to |
| 1:01.3 | moderate the rate of hikes. |
| 1:04.4 | We're going through these reports as they come out. |
| 1:07.1 | Microsoft, we're told, has dropped. |
| 1:09.4 | We will take a look at what the stock does. |
| 1:11.5 | We could see it maybe down just a touch we're going |
| 1:14.2 | through it as I said Steve Kovac is our reporter our experts gonna pop on in a |
... |
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