Closing Bell Overtime: Big Tech Earnings on Deck 10/21/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 21 October 2022
⏱️ 44 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | All right, Mike, thank you very much. You're welcome everybody to overtime. |
| 0:03.0 | I'm Scott Wobner on this Friday. You just heard the bell. |
| 0:05.0 | We are just getting started from Post Night here at the New York Stock Exchange. |
| 0:09.0 | In just a little bit, I'll speak to Ed Yardenny about next week's make-a-break earnings |
| 0:13.9 | from big tech and what's really at stake for your money especially as some of those |
| 0:18.4 | names have sputtered recently so will the biggest stocks in the market deliver |
| 0:22.4 | when it's needed the most? |
| 0:24.0 | We will find out and we'll ask that question. |
| 0:26.0 | We begin though with our talk of the tape. |
| 0:28.0 | Today's big Fed-fueled rally, one that enabled the Dow to post its first, believe it or not, three-week |
| 0:33.8 | winning streak of the entire year. So is it the start of something bigger? |
| 0:38.2 | Let's ask Trivariats Adam Parker. He's here with me on set at post nine it's good to see you again thanks |
| 0:43.8 | for having rare update when you're here just throwing that out there so it's nice to |
| 0:47.9 | see you today I'm sure everybody's happy you're on are you a believer in it or |
| 0:50.9 | no I mean not in like a three month view I'm not I mean we could |
| 0:54.8 | always get a few more days of a rally here or there but there's no question that |
| 0:59.0 | conditions are slowly deteriorating for the economy so what prices go up a lot and conditions are |
| 1:04.8 | deteriorating it's hard to say I like it more now than I did three weeks ago I |
| 1:08.1 | think that'd be tough. Don't earnings sort of say that it's not deteriorating as fast as some people thought |
| 1:14.3 | including you? Not really. So far what have we really you know the bulk of SB |
| 1:19.0 | B earnings as you just alluded to in the next two weeks. We had a bank |
| 1:22.4 | heavy set of earnings, insurance, some |
... |
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