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Closing Bell

Closing Bell Overtime: Booz Allen Hamilton CEO, Palantir CTO Live From Reagan National Defense Forum; Samsara CEO On Earnings 12/6/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 6 December 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

The S&P 500 and Nasdaq closed at record highs and Jefferies Chief Market Strategist and Unlimited CEO Bob Elliott break down what’s powering the latest leg higher – and what could derail the run. Morgan is in California at the Reagan National Defense Forum and she sits down for key interviews with Booz Allen Hamilton CEO Horacio Rozanski and Palantir CTO Shyam Sankar to talk the new partnership between the two companies and what investors need to know about the incoming Trump administration. Samsara CEO and co-founder Sanjit Biswas on the latest quarter and the negative investor reaction.

Transcript

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0:00.0

The bell marks the end of regulation, Chainbridge Bank Corp, ringing the closing bell for New York Stock Exchange,

0:08.9

at Pro Holdings, doing the honors at the NASDAF.

0:12.4

And speaking of the NASDAQ, the composite closing at another new high.

0:16.6

It looks like the S&P is going to settle in New High Territory, too.

0:22.0

That is the scorecard on Wall Street, but winner stay late.

0:24.8

Welcome to closing bell overtime.

0:26.1

I'm John Ford, along with Morgan Brennan, who's at the Reagan National Defense Forum.

0:31.5

Meanwhile, the Dow dragged down by United Health, which accounted for all of the Blue Chip's losses.

0:38.7

Yeah, well, John, the aerospace and defense ETF sitting out the rally today after creeping

0:43.1

towards record territory earlier this week.

0:46.1

We have a pair of big defense interviews coming your way from this conference, which is one of

0:51.4

the largest of the year.

0:52.3

First, we've got Palantir's chief technology officer

0:55.4

on his stock's massive gains this year

0:57.3

and the company's new partnership with Booz Allen Hamilton.

1:00.3

Speaking of, we have the CEO of Booz Allen Hamilton.

1:03.5

We'll also be joining me here for a rare and exclusive interview.

1:06.8

We will get his outlook for defense spending

1:09.0

under Trump 2.0, a lot of focus on Doge, John.

1:12.0

So a lot to get to here.

1:13.3

Yeah, looking forward to that.

1:14.5

And for now, let's bring in Jeffrey's chief market strategist and CNBC contributor, David Zervos,

...

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