Closing Bell Overtime: Nvidia Earnings From Every Angle; Coinbase CEO Responds To Binance’s CZ Stepping Down 11/21/23

Closing Bell

CNBC

Business, News

4.4 • 141 Ratings

🗓️ 21 November 2023

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Investors were keyed in Nvidia reporting Q3 numbers after the bell and we have you covered from every angle. Analysts Stacy Rasgon of Bernstein and Neuberger Berman’s Dan Flax on the stock reaction while Main Street Research CIO James Demmert talks the shareholder angle. Our Kate Rooney sits down with Coinbase CEO Brian Armstrong in his first comments responding to Binance CEO CZ stepping down after pleading guilty to violating criminal U.S. anti-money-laundering requirements.

Transcript

Click on a timestamp to play from that location

0:00.0	Range bad and down as the S&P and NASDAQ snap their five day winning streaks
0:06.2	that is the scorecard on Wall Street but the action is just getting started
0:08.9	welcome to closing bell overtime I'm Morgan Brennan with John Fort
0:12.4	Good to have you back and video front and center this I'm Morgan Brennan with John Fort.
0:12.6	Good to have you back and video front and center this hour as the quintessential example
0:16.8	of AI-driven gains gets ready to report earnings in just moments.
0:21.4	The stock hitting fresh highs this week ahead of the print
0:23.5	we've got a great lineup of experts ready to parse the report.
0:26.9	Plus we'll talk to the CEO of 100 billion dollar medical device company Medtronic
0:32.0	getting a pop today on the back of results and
0:33.8	perhaps easing some of the fears around around weight loss drugs eating into med tech
0:39.7	market share.
0:40.7	Eating in I see what you did there. Major breaking news in the crypto world today, Binance Chief CZ, pleading guilty to federal
0:48.0	charges stepping down from the firm.
0:50.4	We're going to talk to Coinbase CEO Brian Armstrong about the news in the first on
0:54.1	CNBC interview. But as we watch for NVIDIA's results, let's get to the market action. Stocks pause today with
1:01.3	tech leading the pullback, the S&P and NASDAQ snapping
1:04.4	five day wind streets fed minutes signal no appetite for cutting rate soon
1:08.7	favoring keeping policy restrictive. Mike Santoli joins us from the New York Stock Exchange.
1:14.8	Mike, more of this as again, not a ton of selling but you know not a ton of buying
1:20.9	either.
1:21.9	No, it seemed like a pretty decent little pause day I do think the market could use a
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.