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Closing Bell

Closing Bell Overtime: Ford CFO On Earnings, EV Market; Lux Capital’s Josh Wolfe On Investing In America 10/28/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 28 October 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Ford CFO John Lawler joins in an exclusive interview to discuss Q3 earnings, the company’s guidance and what’s ahead in the EV market. Lux Capital co-founder John Wolfe on launching Lux Labs to invest in the next American breakthrough and the rise in defense tech investing. Plus, RBC’s Lori Calvasina on what she’s watching for Big Tech earnings.

Transcript

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0:00.0

That's the end of regulation.

0:04.3

Walmart, ringing the closing bell, the New York Stock Exchange, Data I.

0:08.0

Doing the honors of the NASDAQ.

0:09.1

Well, the major average is closing higher.

0:11.0

The small caps getting a big pop as a huge week of earnings and

0:15.2

so much more it gets underway. Energy finishing in the red though after oil saw

0:19.8

its biggest drop in years that is the scorecard on Wall Street.

0:23.2

But the action is just getting started.

0:24.5

Welcome to Closing Bell overtime. I'm Morgan Brennan with John Ford.

0:27.6

Yeah, coming up, this hour earns results from Ford.

0:30.2

Caden's design, VF Corp and F5 along with exclusive comments from F5 CEO before the earnings call.

0:37.6

And we will talk to Ford's chief financial officer exclusively ahead of his conversation with Wall Street analysts as well as

0:45.1

investors look for signals on the company's E.B. Strategy and more.

0:48.9

But as we await all of those results, let's bring in our market panel, Vital Knowledge

0:52.4

founder Adam Chrisifoolian, RBC Capital Markets Head of U.S. Equity Strategy,

0:56.0

Lori Calvasina. Great to have you both here. Adam, I'm going to start with you

0:59.9

because I realize earnings are going to really pump up a notch here as the week

1:05.6

unfolds. We also get a lot of economic data and all of this ahead of the election

1:09.2

next week. What really seems to have moved the markets today was the move higher that we saw in yields in the Treasury market and everything that factored into that, including this fall in oil.

1:20.7

It seems like Middle East and Japan, I guess is the bottom line that it was

1:23.6

it was global dynamics feeding the US markets yeah I think for today investors

1:28.2

so over the weekend you had two macro developments that were received well

...

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