Closing Bell Overtime: Booking Holdings CEO On Consumer Travel Demand; HII CEO On Shipbuilding, Supply Chain 5/24/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 24 May 2024
⏱️ 43 minutes
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| 0:00.0 | The Nasat closing at a record high ahead of the holiday weekend, but the Dow finishing down more than 2% on the week after Thursday's steep pullback finishing here. |
| 0:09.5 | Basically unchanged today though, that's the scorecard on Wall Street but the action is just getting started |
| 0:14.4 | welcome to closing bell overtime I'm Morgan Brennan with John Ford and coming up on |
| 0:18.5 | today's show well we're gonna talk to the CEO booking holdings which owns |
| 0:22.2 | brands like |
| 0:23.0 | Booking.com price line and kayak about demand for summer travel as we head |
| 0:27.2 | into Memorial Day weekend. |
| 0:28.6 | Plus I spoke exclusively today with the CEO of the country's largest military shipbuilder, HII, |
| 0:35.3 | formerly known as Huntington Ingalls, about the USS Intrepid, which was built by the |
| 0:40.1 | company back in the 1940s. We're going to hear his take on demand, labor, supply |
| 0:45.9 | chain, how the company is using AI amid a heightened geopolitical landscape. |
| 0:52.1 | But first, let's break down today's action |
| 0:54.8 | and look ahead to next week with our panel. |
| 0:56.7 | Stocks closed out a mixed week. |
| 0:59.2 | I mean, in a way, it's interesting. |
| 1:02.1 | We'll get into that joining us now |
| 1:03.1 | Tracy McMillan of Wells Fargo Investment Institute and unlimited CEO Bob |
| 1:07.5 | Elliot welcome to both of you happy Friday Bob on the S&P were almost exactly where we closed last Friday on the 17th |
| 1:18.8 | after going through NVIDIA and the data that we wondered, you know, how are we going to digest this? |
| 1:23.9 | And I just wondered now that we have this extra data point, things have moved around a little |
| 1:29.0 | but not a lot. |
| 1:29.9 | The Dallas flat today, NASDAQ's at record highs, is growth still so strong that you can |
... |
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