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Closing Bell

Closing Bell Overtime: Crypto Investing With Matt Ball; Dynasty Equity CEO On Closing Funding Round With Tiger Woods’ TMRW 6/25/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 25 June 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

Dynasty Equity co-led a Series A round for Tiger Woods’ TMRW; Dynasty co-founder K. Don Cornwell on what’s next for the venture and the boom in sports investing. Third Bridge’s Peter McNally reacts to FedEx’s strong quarter. Skylar Capital’s Bill Perkins gives top energy plays. Epyllion CEO Matt Ball on crypto and adding ether to his ETF.

Transcript

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0:00.0

We've got a 180 from Monday's market as a rebound for

0:04.0

NVIDIA lifts the NASDAQ and the Dow gives up yesterday's gains.

0:07.0

That is a scorecard on Wall Street, but winners stay late.

0:09.0

Welcome to Closing Bell overtime. I'm John Fort with Morgan Brennan.

0:12.0

Well, we are awaiting FedEx results those are due out in just moments that can give clues on the health of the company and the economy at large.

0:20.0

We will bring you the key numbers and analysis as soon as they cross.

0:24.8

Plus former Amazon executive Matt Ball tells us why his Metiverse ETF just made a

0:29.7

big bet on Bitcoin and Ether as crypto rebounds from yesterday's pull back.

0:35.1

And noted energy investor Bill Perkins joins us to break down his outlook for the energy

0:39.2

markets in the second half of the year amid soaring AI power demand and a lingering heat wave.

0:45.8

Bill's given blue steel with that photo there.

0:48.0

But first, let's begin with today's market action, a rebound in NVIDIA shares,

0:52.4

sending the NasDAQ sharply higher

0:54.0

s and p 500 NASDAQ both finishing in the green for the first time in four days

0:58.2

let's bring in our market panel joining us now is vital knowledge founder Adam

1:01.8

Chris Fooli and bespoke investment group

1:03.7

co-founder Paul Hickey good afternoon guys Paul so yesterday today which day do we

1:09.3

learn the most from a lot of noise signifying nothing, right?

1:13.7

I think what we're seeing here is just a void of information

1:18.0

and conflicting data on the economy.

1:20.8

And so we haven't seen much in the way of corporate earnings, which I think is makes these FedEx earnings coming up shortly, is so important to see what are companies actually reporting versus data which can be backward looking and

1:34.3

conflicting depending on whether it's a survey or hard data. I think as far as the

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