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Closing Bell

Closing Bell Overtime: Palantir Earnings, Disney Stock Under Pressure & Bitcoin Reality Check 2/2/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 2 February 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

Earnings season rolls on with key reactions and market-moving insights. Key reads on the AI trade with Palantir and NXPI both reporting. Kate Moore, Citigroup Wealth CIO, on why earnings growth and forward revisions are critical for stocks to push higher. Louie DePalma, Senior Research Analyst at William Blair, reacts to Palantir earnings after upgrading the stock this morning. Disney’s stock slide and leadership questions with Jim Stewart, Business Reporter at The New York Times; a reset in global currencies with Kathy Lien, Managing Director of FX Strategy at BK Asset Management; and a look at Bitcoin’s slide with Mark Palmer, Senior Analyst at StoneX.

Transcript

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0:00.0

The bell's ringing an end to the trading day at the NYSC,

0:10.0

NYSC partnership day, ringing the bell and at the Nazak, the parent company of the Saudi stock exchange doing the honors.

0:16.0

Welcome to closing bell overtime, live from Studio B at the NASAC market site.

0:19.0

I'm Melissa Lee along with Mike Santoli. Sox jumping today today the doubt up 500 points the s and p five hundred very close to an all-time

0:26.8

closing high we'll see how the numbers settle out there the nazak also in the green but rustle up just

0:31.1

about one percent consumer staples the top sector as walmart and target lead the way in the first

0:36.5

day under the new ceos that by the way an all-time high for walmart energy the worst sector as Walmart and Target lead the way in the first day under the new CEOs. That, by the way, an all-time high for Walmart. Energy, the worst group as oil and that gas tumble, much more in those markets straight ahead. Our reporters all over today's big movers in stocks, crypto, and commodities. Plus, what's behind Disney's big drop? And we're just moments away from results out of Palantir.

0:54.4

But let's start with Christina Parts Nevelos

0:56.0

and today's Megacat movers.

0:57.7

Christina.

0:58.7

Let's start with the video.

0:59.1

Because the chair's post lowered today separately.

1:01.6

We'll make, quote, a huge investment in Open AI.

1:06.8

But he clarified the reported, sorry, for the microphone,

1:09.8

$100 billion figure was, quote, never a commitment.

1:13.1

And NVIDIA's filing confirmed back in November 2, there's no assurance they'll enter into a definitive agreement.

1:19.6

Meanwhile, Oracle shares also closing on.

1:22.4

We're obviously having a difficulty with Christina's mic.

1:25.4

Sorry, Christina.

1:26.2

We'll start your guys on that in the meantime.

1:28.4

But Christina was just mentioning this plan, yeah, this effort to raise between $45 to $50 billion,

1:35.6

equally between equity as well as debt.

...

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