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Closing Bell

Closing Bell Overtime: Mobileye CEO Shares Growth Plan and Highlights from Capital Markets Day; C3 AI CEO On Blowout Quarter 12/9/24

Closing Bell

CNBC

Business, News

4.8118 Ratings

🗓️ 9 December 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Nasdaq takes center stage with major earnings reports from Oracle, MongoDB, and C3 AI. Jefferies Analyst Brent Thill joins to break down Oracle's results, while C3 AI CEO Tom Siebel offers insights on his company’s performance. Mobileye CEO Amnon Shashua shares key takeaways from Investor Day and the company’s China business. Plus, a market panel featuring Jill Carey Hall of BofA and Dana D’Auria of Envestnet discusses the state of SMID-cap strategy.

Transcript

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0:00.0

That's the end of regulation.

0:02.3

Brinker International ringing the closing bell at the New York Stock Exchange and Plains Holdings

0:06.6

doing the honors at the NASDAQ.

0:09.1

Stocks closing near session lows as NVIDIA and a number of other tech and communication

0:13.2

services stocks drag the averages lower.

0:16.1

That's the scorecard on Wall Street.

0:18.1

But the action is just getting started.

0:19.4

Welcome to closing bell overtime.

0:24.2

I'm Morgan Brennan with John Ford. Yeah Now we've got a big hour of breaking earnings results on the way from Oracle Toll Brothers MongoDB, Planet Labs, and

0:29.8

C3 AI, plus access you're only going to get on overtime an exclusive interview with

0:34.6

C3 AI CEO Tom Siebel before his call with Wall Street.

0:38.7

And the CEO of Mobile Eye will join us with the big takeaways from today's Investor Day.

0:43.4

After that stock got a boost in the regular trading session.

0:46.6

But first, let's get to the market action.

0:48.4

Joining us is Jill Carey Hall of B of A Global Research and Investnet co-CIO Dana Joria.

0:54.0

It's great to have you both here.

0:55.9

And Dana, I'm going to kick this off with you because, yeah, we're starting off the new

1:00.3

week in the red here with all the major averages showing some losses and tech led the way

1:05.8

with the weakness today.

1:06.9

But in general, recently, we have actually seen a pickup in leadership among the big tech names.

1:12.6

So what does that tell us about positioning looking to 2025?

1:16.6

Well, I think as a starter, we know that we're in a risk on environment since the election.

...

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