meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime: Exclusive Interview With Ken Griffin; Fed Decision & Powell Presser 5/7/25

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 7 May 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Adam Crisafulli of Vital Knowledge and Lori Calvasina, Head of U.S. Equity Strategy at RBC Capital Markets, break down the market action after the Fed left rates unchanged and a fresh wave of earnings. ARM and Skyworks report as semis stay in focus. Fed deep-dive with BNY Investments’ Vincent Reinhart and Jefferies’ David Zervos after fresh commentary from Fed Chair Powell. Jon Breaking down ARM’s quarter with Benchmark analyst Cody Acree. Our Sara Eisen has an exclusive interview with Citadel CEO Ken Griffin on the markets, monetary policy, and Trump vs. Harvard.

Transcript

Click on a timestamp to play from that location

0:00.0

That bell marks the end of regulation.

0:04.8

No Kid Hungry,

0:06.0

the closing bell to the New York Stock Exchange,

0:08.0

Sizzle Acquisition Corp doing the honors at the NASDAQ

0:11.0

and a higher end to the day as investors digest Fed Chair Powell's comments

0:15.0

and his trade headlines about chip curves, perhaps going away,

0:19.0

move tech stocks late in the session.

0:20.5

That is the scorecard on Wall Street, but winter stay late.

0:23.2

Welcome to closing bell overtime.

0:24.3

I'm John Ford with Morgan Brennan.

0:25.8

Well, coming up on today's show, I can't miss interview with Citadel founder and CEO

0:29.9

Ken Griffin on the Fed's message, market volatility, the impact of tariffs, and more.

0:34.4

Plus, another busy hour of earnings is on the way, including results from

0:38.0

arm holdings, Apploven, Skyworks, Flutter, and Zillow. As we await those results, let's get

0:42.9

straight to today's market action. Joining us now is Vital Knowledge founder Adam Krista Fulay and RBC Capital

0:49.1

Markets head of U.S. Equity Strategy. Lori Kalvesina, guys, welcome. Lori, we got what we expected from the Fed. How much

0:56.7

attention now is on June versus, I mean, now we've got these headlines having to do with trade

1:03.6

yet again. Hi, so thanks for having me. Look, you know, I think, I hesitate to use the word boring,

1:10.7

but I think we heard a lot of what we already know and what we already think as a forecasting community this afternoon from the chairman. And so I do think we tee up, you know, perhaps not for June, but I'm really worried, frankly, more about kind of that mid-July, mid-August period when I'm expecting to hear, you know, we're in one reporting season. Now we're going to be in another reporting season then.

1:29.4

And I think getting a lot more color.

1:30.8

And when I was talking to my rate strategist earlier today, he was saying, you know, that he's,

1:35.7

you know, looking for kind of May, June.

...

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.