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Closing Bell

Closing Bell Overtime: Burritos & the Consumer: Earnings from Alphabet, Tesla, Chipotle & More. CEO Interviews with Chipotle and T-Mobile 7/23/25

Closing Bell

CNBC

Business, News

4.8118 Ratings

🗓️ 23 July 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

A huge earnings day, headlined by Tesla and Alphabet. Nuveen CIO Saira Malik breaks down these key results and what they mean for the broader market. T-Mobile CEO Mike Sievert in an exclusive interview before the earnings call. Chipotle CEO Scott Boatwright also joins before his company’s earnings call on the latest quarter and the state of the consumer. Analyst takes include Angelo Zino of CFRA on Alphabet and Craig Irwin of Roth Capital on Tesla. Other earnings include: IBM, ServiceNow, CSX, Las Vegas Sands.

Transcript

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0:00.0

That bell marks the end of regulation. Gotham FC ringing the closing bell to New York Stock Exchange.

0:08.3

Jeffrey Allen of Beast Games, season one, doing the honors at the NASDAQ and stocks ending the day higher.

0:14.2

The S&P hitting another all-time high.

0:16.0

The move fueled by the president announcing a trade deal with Japan and reports the US may be close to an agreement with the EU.

0:22.7

This is the 12th closing record in 2025 for the S&P.

0:27.1

Healthcare, industrials, and energy leaders,

0:29.3

utilities and staples lag,

0:31.3

a volatile day in the commodity space

0:32.8

after hitting the highest level at a month,

0:34.4

gold ending the day lower.

0:36.3

Silver also ending slightly tarnished after hitting its highest level since 2011.

0:41.3

And yields ticking a bit higher today.

0:44.3

That's a scorecard on Wall Street, but winter stay late.

0:46.3

Welcome to closing about overtime.

0:47.3

I'm John Ford alongside Morgan Brennan.

0:49.3

Ahead, a long list of earnings coming your way, including the first two of the Mag 7 names, Alphabet and Tesla. We're also going to hear from Chipotle, IBM, Service Now and T-Mobile. Well, speaking of T-Mobile, we'll have an exclusive interview with the CEO, Mike Sievert, that's ahead of the company's conference call. Plus, the CEO, Chipotle following its results, as the stock continues to underperform. But before we get to all those

1:12.1

earnings, let's begin with the markets as the S&P hits another all-time high. Progress on the trade

1:18.6

deals and better than expected earnings so far this quarter, continuing to fuel optimism.

1:23.3

Joining us now is Sarah Malick. She is Nouveen, CIO, and head of equities and fixed income.

1:28.7

Sarah, welcome. So, I mean, all-time highs. Keep pushing here. The meme stock type feel has

1:37.2

reignited, though. Can you trust it? Can you keep buying here? Investors are definitely experiencing

1:43.0

FOMO, and the the market supported by three drivers.

...

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