Closing Bell Overtime: Intel CEO on Earnings, Data Center Demand; L3Harris On Strong Quarter & Global Tensions 4/26/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 26 April 2024
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Strong results from Microsoft and Alphabet sending the NASDAQ soaring today |
| 0:05.2 | and helping push the NASDAQ and the S&P 500 to their best weeks of the year. |
| 0:10.6 | Bet you didn't see that coming. |
| 0:12.5 | And Alphabet just closed above $2 trillion in market cap |
| 0:15.7 | for the first time ever. |
| 0:18.1 | That's the squirt car on Wall Street, |
| 0:19.7 | but the action is just getting started. |
| 0:21.1 | Welcome to Closing Bell overtime. I'm Morgan Brennan with |
| 0:23.4 | John Ford. And coming up this hour Intel sitting out this rally adding to sharp |
| 0:28.0 | losses for the year after giving weak guidance. We're going to hear from |
| 0:31.0 | CEO Pat Gelsinger about the outlook for his |
| 0:33.8 | business and the CEO of 40 billion dollar defense contractor L3 Harris |
| 0:38.8 | joins us exclusively after the company raised its outlook with earnings and as |
| 0:44.2 | geopolitical tensions flare around the world. |
| 0:47.1 | CEO Chris Kubeiks will break down those numbers for us in an exclusive interview |
| 0:51.4 | that I just said but was in the |
| 0:54.5 | prompter I just had a Ron Burgundy moment well no it's all right I mean it's worth |
| 0:58.2 | repeating that he's going to be right here with us and we start with the market as we close out the best week since |
| 1:04.5 | November for the Nasdaq and the S&P 500. Joining us now are Brooke May |
| 1:09.5 | from Evans May Wealth and Jill Carey Hall of Bank of America Global Research. |
| 1:15.0 | Jill, we are back where we were two months ago on the S&P at 5100 after briefly |
| 1:21.0 | losing 5,000, |
... |
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