Closing Bell Overtime: Earnings Parade Rolls On With Palantir, Hims & Hers, Lattice, Axon and More 8/4/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 4 August 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Market discussion with insight from JP Morgan’s David Kelly and Bahnsen Group’s David Bahnsen. Rick Santelli and Steve Liesman weigh in on rates and labor. Palantir earnings take center stage with analyst Brent Bracelin and exclusive insights from CEO Alex Karp. Other earnings: Hims & Hers, Lattice, Simon Property, and Vertex Pharma. Plus: A look ahead to key earnings from AMD, Disney, and McDonald’s, and final thoughts on Elon Musk’s pay package.

Transcript

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0:00.0	Well, that's the end of regulation.
0:03.0	W&T offshore ringing the closing ball at the New York Stock Exchange.
0:06.0	The metals company doing the owners of the NASDAQ stocks rebounding following Friday's big selloff.
0:11.0	As investors look past the jobs report and look ahead to some big earnings this week, the major
0:16.1	averages posting their best day since May 27th.
0:20.8	And communication services, tech and utilities
0:23.1	were your S&P sector leaders.
0:24.8	Energy was the only sector to close lower.
0:27.6	Meta and Alphabet giving communication services a boost today.
0:30.7	Commodities mostly firmer across the board,
0:32.9	silver seeing a gain of more than 1%
0:34.7	copper rebounding after posting its worst week
0:37.4	since inception back in
0:38.6	1988.
0:40.3	On the flip side, though, crude falling after OPEC Plus agreed to another big increase in production
0:45.6	that starts next month.
0:49.0	Well, that's a scorecard on Wall Street, but winner stay late.
0:51.3	Welcome to closing by overtime.
0:52.4	I'm John Ford alongside Morgan Brennan. Coming up on today's show, another big day of earnings headline by Pallantier,
0:59.1	and we'll also be watching for big news and big moves from other names, including Hymns and Hers,
1:03.6	and Latiss Semi. But let's start with the markets and the bounce back from Friday's sell-off,
1:08.5	the NASDAQ adding nearly 2%. Games from Nvidia and meta helping to lead the way.
	...

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