Closing Bell Overtime: Palo Alto & IBM CEOs Talk New Partnership; Brex Co-CEO Talks Growth 5/15/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 15 May 2024
⏱️ 44 minutes
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| 0:00.0 | The all finish their highest levels ever. It's the first record closed for the |
| 0:13.8 | Dow and S&P 548 days and that is quite the scorecard on Wall Street |
| 0:19.1 | and winter stay late. Welcome to Closing and Bell overtime. I'm John Fort |
| 0:21.8 | with Morgan Brennan. |
| 0:22.8 | Well coming up today on the show a crucial component of the CPI report |
| 0:26.9 | shelter inflation ticking a bit lower in April or not growing as quickly we should |
| 0:32.3 | say according to today's data but |
| 0:34.4 | still up 5.5% year over year we're going to talk to the CEO of |
| 0:38.0 | invitation homes about his read on the housing market and today is the |
| 0:42.2 | deadline for 13F report. |
| 0:44.0 | We're going to bring you the latest update on holdings of some of America's most well-known |
| 0:48.1 | investors as we get those this hour. |
| 0:50.8 | Plus 200 billion billion tech conglomerate |
| 0:53.1 | Cisco due to report earnings in just moments. |
| 0:56.0 | We're going to bring you those numbers as soon as they cross. |
| 0:58.5 | We begin with the markets and record closes for the three major averages |
| 1:01.3 | following a softer than expected |
| 1:02.8 | C. P. I print joining us now Barbara Durand of B. D.A. Capital |
| 1:06.0 | partners and Eric Friedman of US Bank Asset Management. Great to have you both on |
| 1:10.6 | on a day where we have these record closes for the three major averages as well as the |
| 1:15.1 | NASDAQ 100. Barb, I mean, you've been pretty bullish over the longer term. |
| 1:20.7 | What do you think about the market at this level right now given the fact that |
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