Closing Bell Overtime: Exclusive Interview with L3Harris CEO; Amazon’s Strong Earnings 4/27/23

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 27 April 2023

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Averages surged today with the Dow posting its best day since January. BD8 Capital’s Barbara Doran breaks down the action on the busiest day of earnings. L3Harris CEO Chris Kubasik joined in an exclusive interview after the company posted strong earnings. Amazon gained sharply in overtime on strong results; Arjuna Capital’s Natasha Lamb and Raymond James’ Aaron Kessler break down the move while former exec and CommerceIQ CEO Guru Hariharan discussed the e-commerce side of the tech giant. Plus, our Deirdre Bosa spoke with Amazon’s CFO and Morgan dove deep on the company’s space ambitions. Intel also reported; shares were volatile. Susquehanna’s Chris Rolland on why he is becoming more favorable towards the stock.

Transcript

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0:00.0	A major rally across the board is meta lifts the mood.
0:05.0	It wasn't the only one either.
0:06.2	Major average is all finishing higher by 1.5% or more.
0:08.6	S&P's best day since January.
0:10.8	This is the scorecard out of Wall Street, but the action is just getting started.
0:14.6	Welcome to Closing Bell overtime.
0:15.9	I'm Morgan Brennan with John Fort.
0:18.3	It is one of the busiest days of earning season, and our team of reporters is standing by to bring you
0:24.2	results from Amazon, Intel, Snap, Pinterest, and many many more.
0:29.4	Plus we're going to bring you an exclusive interview with the CEO of Defense
0:32.2	Contractor
0:33.0	L3 Harris after those numbers cross. As we wait for those numbers to cross, let's
0:38.0	talk about today's rally though. Barbara Duran from Bob Capital joins us,
0:44.0	B.D. 8 Capital. I was like, this is not right.
0:46.2	B.D. capital joins us now.
0:48.0	Barbara, it's great to have you on.
0:49.4	S&P finishing the day up 2%.
0:51.6	Earnings really leading the charge,
0:53.2	Meta, Honeywell Hasbro, our parent company,
0:55.8	Comcast, having a big move today.
0:58.0	What's the read through here?
1:00.2	Well, I think there's two things going on.
	...

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