Closing Bell Overtime: Earnings Explosion: Dell, Affirm & Retail Results; Developing Crisis at CDC? 8/28/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 28 August 2025
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | That bell marks the end of regulation. Why Texas ringing the closing bell to New York Stock Exchange? |
| 0:06.2 | Array technology is doing the honors at the NASDAQ, and it is another record day on Wall Street. |
| 0:10.9 | Major averages all close at new highs, and it was a rare day this week where small caps underperform. |
| 0:16.8 | Communication services driving the rally today, Trade desk and Alphabet to the big winners. |
| 0:21.2 | Alphabet continuing its huge week to close in uncharted territory. And investors digesting a |
| 0:27.4 | mixed bag of retail earnings, Burlington stores and five below higher on earnings beats, |
| 0:32.1 | Bath and Body Works, Urban Outfitters and Best Buy all under pressure after their reports. |
| 0:37.0 | And that's the scorecard on Wall Street, but winners stay late. |
| 0:39.2 | Welcome to closing about overtime. I'm John Ford. Morgan Brennan is off today. |
| 0:42.9 | Ahead on overtime, we've got more retail and tech earnings as we get set to break down numbers from GAP, ALTA, Dell, Affirm, and Marvell technology. |
| 0:51.3 | Plus, we'll get the trade on software stocks which have been surging |
| 0:54.8 | this week after underperforming the overall tech sector this year. But let's get to Christina |
| 0:59.9 | Parts and levels now at the NASDAQ with a closer look at some of the themes driving today's rally. |
| 1:04.6 | Christina. |
| 1:05.6 | I would say Nvidia earnings didn't deliver fireworks, but with stocks at all-time highs, |
| 1:10.0 | no major solace |
| 1:11.0 | basically a win. Tech showed impressive breath, though. 70% of the S&P information technology |
| 1:17.1 | stocks actually closed higher compared to just 40% for the broader index. So we're seeing some |
| 1:21.4 | of that concentration again. Cloud names led the charge, snowflakes, surging on better |
| 1:26.1 | than expected earnings of closing |
| 1:27.7 | what almost or 20% higher MongoDB also rallied 7.5% after posting its best |
| 1:33.6 | day on record yesterday on an improved earnings outlook. Software infrastructure |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

