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Closing Bell

Closing Bell Overtime: Earnings From Tesla, IBM & Much More 1/24/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 24 January 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

A busy day for earnings with Tesla, IBM, CSX, ServiceNow and more reporting and we have the numbers and what they mean, plus analyst from BD8’s Barbara Doran. Ark’s Tasha Keeney and former Tesla board member Steve Westly break down what the latest quarterly results mean. Evercore’s Amit Daryanani on IBM’s strong quarter driven by AI. Third Bridge’s Scott Kessler on ServiveNow.

Transcript

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0:00.0

Well the downs a week at Russell 2000 a little weaker S&P 500 still at record levels but about

0:07.3

flat that's the scorecard on Wall Street but winter stay late for earnings.

0:10.8

Welcome to closing overtime I'm John Fort with

0:13.0

Morgan Brennan. Well the Communication Services, Energy and Tech

0:16.1

sectors fueling what we did say see in gains today. The NASDAQ 100 also

0:21.6

hitting record highs but investors are now set for a wave of And as

0:23.9

one hundred also hitting record highs, but investors are now set for a wave of earnings.

0:25.6

Tesla, IBM, Service Now, CSX, Las Vegas, and just some of the big name sets

0:31.6

report results in just moments.

0:34.2

Instant analysis of all the numbers that's coming up.

0:36.9

Yeah, and while we wait for those earnings to come out,

0:38.8

let's bring in our market panel.

0:39.9

Joining us now, Robert Duran from BD8 Capital Partners and

0:43.0

CNBC Senior Markets commentator Mike Santoli.

0:46.2

Barbara, we're now maybe looking for individual narratives,

0:50.9

I mean even if the market can go higher,

0:53.2

and you know, S&P maybe a little higher today,

0:57.2

do you expect it to go a lot higher?

0:59.5

What are the stories that investors really can believe in to drive things forward for them.

1:05.0

John, this is a tough moment in the market because what you saw today, I mean we've seen

1:10.1

parabolic moves since the fourth quarter and a little bit of backing and filling

1:13.7

as we started the new year but of course it's just taken off and been led by the same leadership

...

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