Closing Bell Overtime: Former World Bank CIO On Geopolitical Risks; Adobe CEO On New Generative AI Offerings 10/10/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 10 October 2023
⏱️ 43 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Docks extending their rally as investors shrug off geopolitical risks and yields fall |
| 0:05.1 | at least in part on FedSpeak that is the scorecard on Wall Street but the action is just |
| 0:09.0 | getting started. Welcome to Closing Bell overtime I'm Morgan Brennan with John Fort, who joins today from Washington, |
| 0:15.3 | D.C. coming up this hour. |
| 0:17.0 | We will talk to former World Bank Chief Investment Officer turned Investment Firm, |
| 0:21.2 | founder of Sani Bachelossoss about the geopolitical risks facing investors |
| 0:25.8 | as the crisis unfolds in the Middle East. |
| 0:28.1 | Plus an exclusive interview with Adobe CEO Shantu Narayan |
| 0:31.2 | from Adobe's Max Conference in Los Angeles. |
| 0:33.8 | We'll talk about how creators are using the company's |
| 0:36.6 | brand new AI tools, and we are waiting |
| 0:39.5 | for the other shoe to drop, literally, |
| 0:41.6 | as Birkenstock could price its IPO at any moment. We'll |
| 0:45.2 | keep you posted on the latest details. We begin with the market and more |
| 0:49.8 | strength following Monday's turnaround the Bond Market reopening today with a sharp move |
| 0:53.8 | lower for Treasury yields that's boosting equities with every sector seeing |
| 0:58.1 | gains except energy led by utilities materials consumer discretionary |
| 1:02.1 | see senior markets commentator Mike Santoli utilities materials consumer consumer discretionary. |
| 1:02.5 | So, see senior market's commentator Mike Santoli |
| 1:04.9 | joins us now, Mike. |
| 1:06.7 | Yeah, John, so reversals across the board. |
| 1:08.7 | You mentioned some of those real beaten up groups |
... |
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