Closing Bell Overtime: Oracle’s Strong Earnings Driven By AI Demand; Schwab’s Liz Ann Sonders On Where Markets Go From Here 6/11/25

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 11 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

With the Fed decision just days away, Liz Ann Sonders of Schwab sets the stage for markets. Our Megan Cassella tracks progress in China trade talks, and Pippa Stevens asks: are minerals the new geopolitical currency? Francisco Blanch of Bank of America joins to break down the big moves in metals and oil. Later, former Kansas City Fed President Esther George previews what’s next from the Fed. Plus: Sam Korus of ARK weighs in on SpaceX’s soaring valuation—and we’ve got Oracle earnings after the bell.

Transcript

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0:00.0	That bell marks the end of regulation. Amaran ring in the closing bell to New York Stock Exchange, Blue Water Acquisition.
0:06.4	Through the honors at the NASDAQ, stocks losing early morning gains despite tamer inflation and a trade framework between the U.S. and China.
0:13.0	Yields on the move today with the 10-year closing down six basis points following today's auction.
0:18.0	Oil seeing a big jump, hitting the highest level since April 4th
0:21.0	on escalating Middle East tensions.
0:23.5	Palantir among the top performers today,
0:25.4	hitting an all-time high.
0:26.7	The stock now up 84% year to date.
0:30.4	In a reversal from yesterday, Intel dropping 6% today.
0:33.4	The stock was up nearly 9% during Tuesday's trade.
0:36.4	Starbucks in the green, as the FT reported, the company has received, quote, a lot of interest
0:41.5	in the sale of a stake in its China business.
0:44.3	Chewy sinking as earnings beat, but gross margins and free cash flow came in light,
0:48.8	and quantum computing stocks higher after Nvidia's CEOs had quantum is at an inflection point.
0:54.0	Most of these names, though, less than $10 billion in market cap.
0:57.1	Well, that's the scorecard on Wall Street.
0:58.9	Welcome to closing bell overtime.
1:00.3	I'm Morgan Brennan, along with John Ford.
1:02.1	Ahead.
1:02.9	Tech heavyweight Oracle set to report.
1:04.8	We're going to bring you the numbers and instant analysis.
1:07.1	Plus, can the move higher in metals continue with gold, silver, and copper at multi-year highs?
	...

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