Closing Bell Overtime: Jon Sits Down With Famed Activist Investor Jeff Ubben; How Weight Loss Drugs Will Impact Every Sector 10/5/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 5 October 2023
⏱️ 45 minutes
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| 0:00.0 | Well, stocks ending fractionally lower, but pairing the worst of the losses in today's trading, |
| 0:05.2 | even as Treasury yields edged a little bit lower themselves. |
| 0:08.1 | That is the scorecard on Wall Street. |
| 0:09.5 | The action, though, is just getting started. |
| 0:11.1 | Welcome to Closing Bell overtime. I'm Morgan Brennan at John Fort. We'll join us. is just a |
| 0:13.0 | Morgan Brennan at John Fort. We'll join us in just a moment with |
| 0:16.2 | highlights from his conversation with hedge fund founder Jeff |
| 0:19.8 | Aben from Inclusive Capital Partners and also ahead this hour Katie Stockton from from inclusive capital partners. |
| 0:22.7 | And also ahead this hour, Katie Stockton from Fairleaf strategies breaks down the key levels |
| 0:27.6 | to watch in the S&P 500 following the latest bout of volatility and the parts of the market that are |
| 0:34.0 | starting to look oversold. Plus we'll get a read on consumer demand when |
| 0:38.1 | Levi reports results. We'll bring you those numbers as soon as they cross. We begin though with breaking |
| 0:44.3 | news on Elon Musk. Contessa Brewer has the details, Contessa. |
| 0:47.8 | Morgan the SEC is suing Musk because they subpoenaed him in September to show up in court in San Francisco |
| 0:55.0 | to talk about his Twitter deal and he didn't show up. |
| 0:58.8 | And so he was supposed to provide agreed upon testimony, they say say and he didn't show up and so |
| 1:05.1 | they have sued him in San Francisco federal court to enforce that subpoena that's |
| 1:09.5 | the news. |
| 1:10.5 | Okay I mean we know musk doesn't have a particularly good history with the SEC, I think back to the |
| 1:17.2 | tweet and what happened with regulators there. |
| 1:19.8 | I mean, any sort of sense or detail around what specifically this could involve with Musk |
| 1:26.6 | and Twitter? |
... |
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