Closing Bell Overtime: Latest Stock Moves From Warren Buffett & David Tepper; JFrog CEO On A Strong Quarter 2/14/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 14 February 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Averages bounced back today and finished near session highs and we heard from Cisco, Twilio, Applovin, Tripadvisor and more in earnings after the bell. CFRA analyst Keith Snyder dives deep into Cisco’s light guidance while Mizuho’s Siti Panigrahi analyzes Twilio’s numbers. JFrog and Informatica CEOs talk their strong quarters with Jon Fortt while CNH CEO Scott Wine discusses the global agriculture market. 13Fs from closely-followed investors including Warren Buffett and David Tepper on their latest stock positions. Plus, breaking news on Meta’s board and Elon Musk’s Tesla stake.

Transcript

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0:00.0	Well stocks are recovering some of yesterday's big sell-off that is a scorecard on
0:05.6	Wall Street but winners stay let's welcome as closing to overtime I'm John Fort with
0:09.5	Morgan Brennan
0:10.4	industrial and communication services the The big winners today, Energy and
0:14.5	Consumer Stapels, the only sectors in the red in the S&P. Investors now
0:19.0	turning their attention to another busy hour of earnings.
0:22.6	Coming up, we've got instant analysis of results
0:25.2	from Cisco, Twillio, Trip Advisor,
0:27.6	at Levin, and Occidental Petroleum.
0:29.7	Plus, we are watching for more 13F filings
0:32.1	to find out what investors like Warren Buffett, David
0:34.4	Tepper and David Einhorn have been buying and selling a while ago.
0:38.6	Well let's kick things off now though with our market panel.
0:40.8	Joining us now is Robert Duran of B. D.E8 Capital Partners,
0:43.6	and Charlie Bourne Scoey of aerial investments.
0:46.5	Guys, welcome, happy Wednesday.
0:47.6	Charlie, I mean, investors seem to be trying hard to shrug off
0:51.0	yesterday's hot CPI print because we closed near the highs.
0:55.0	We did indeed it looks like break above 5,000 on the S&P
1:00.0	again, so not a great moment for value
1:05.0	Well they didn't shrug it off yesterday in fact I would argue the market overreacted to yesterday we had a one tenth
1:12.1	uh... the cepi print that was one-tenth too high.
	...

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