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Closing Bell

Closing Bell Overtime: Keith Rabois On Trump's First Week, AI and More; Twilio CEO On New Growth Targets; Boeing Preannounces 1/23/25

Closing Bell

CNBC

Business, News

4.8118 Ratings

🗓️ 23 January 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Barbara Doran of BD8 Capital Partners and Crossmark Global Investments’ Bob Doll give their playbook for the market as earnings ramp up. Earnings from CSX and Texas Instruments. Susquehanna's Christopher Rolland joins to dissect TXN earnings and the chip sector, while Sheila Kahyaoglu from Jefferies on Boeing Q4 preannouncement. Jon Fortt sits down exclusively with Twilio CEO Khozema Shipchandler on the company's new growth targets. Keith Rabois of Khosla Ventures on the Trump economy, Musk vs. Altman, and the future of Stargate.

Transcript

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0:00.0

That's the end of regulation. Wall Street bound ringing the closing bell at the New York Stock Exchange and Aliana doing the honors at the NASDAQ.

0:06.7

We're going out at session highs here with the S&P 500's first record close of 2025, closing above 6,100.

0:13.9

It's also the first record closed for the SPX since December 6th.

0:17.5

Healthcare and industrial is taking the lead today. Every sector in the green.

0:20.9

That's the scorecard on Wall Street, but the action is just getting started. Welcome to closing

0:24.8

bell overtime. I'm Morgan Brennan with John Ford. That will be all over the markets pushed

0:29.7

to record highs throughout this show. Plus, we're moments away from earnings from results.

0:34.2

Earnings results from Texas Instruments. CSX will bring you those numbers as soon as they

0:38.6

cross. Let's get straight to the market action with BD8 Capital Partners CEO, Barbara Duran,

0:44.1

and Crossmark Global Investment CEO and CIO Bob Dahl. Great to have you both here.

0:48.7

Barb, I'm going to start this conversation with you. It looks like as we settle out here, maybe

0:51.9

6118 for the S&P 500.

0:55.3

Seen a nice rally after a pullback to start the year. We've really reversed course here

1:00.7

for the major averages and for stocks. Can it continue from here, especially given the fact

1:05.9

that you have a key ingredient that's still missing, which is inflows from big money managers?

1:11.2

Right. And I think, you know, it could be a while in terms of even that $7 trillion sitting

1:14.9

in money market still that comes out because interest rates are still high enough to attract it.

1:19.5

I think this can continue. Anytime we've had a big rally, though, you always have to be

1:23.8

concerned about a momentary pullback. You know, when things get, you know, and I don't think they're ahead of themselves yet, because earnings are just starting, and I think

1:30.9

that's going to be key. Valuation is clearly a concern, but I would say the market is somewhat

1:36.6

fully valued, but with earnings coming in, as they come up and guidance goes up for the year,

1:41.2

I think that these companies will grow into that. So I think

...

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