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Closing Bell

Closing Bell Overtime: Rare Interview With Meta Chief Product Officer Chris Cox On New AR Headset 9/25/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 25 September 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Meta unveiled its long-awaited AR headset at its Meta Connect developers conference. Chief Product Officer Chris Cox joins for a rare interview to talk the company’s AI strategy, spending and election efforts. Micron jumped on strong guidance after earnings; CFRA analyst Angelo Zino on what to do with the stock. Our Pippa Stevens reports on the surge in nuclear energy demand thanks to AI while Cameco CEO Tim Gitzel discusses his company’s plans to meet that demand.

Transcript

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0:00.0

That's Bell means the end of regulation.

0:03.4

Telecom Argentina, we're going to close the New York Stock Exchange, the NASDAQ annual New York

0:08.1

Climate Week conference doing the honors at the NASDAQ.

0:10.8

Major averages taking a pause from their record rally closing mostly in the

0:15.0

red small caps and energy fairing work that's the scorecard on Wall Street but

0:19.0

winter stay late welcome to closing Bell overtime I'm John Fort with

0:22.0

Morgan Brennan well Mike Ron earnings are just

0:24.0

moments away as that stock sits around 40% off its June highs. We will bring you the

0:29.2

results as soon as they cross. Plus a rare rare interview with Meta's chief product officer, Chris Cox, is that stock

0:35.6

hits record highs.

0:36.6

Well, he's going to join us from the company's Connect Conference where Meta just unveiled

0:41.3

new AR, VR, and AI initiatives.

0:44.0

And the booming opportunity in nuclear energy,

0:47.0

the CEO of one of the world's biggest publicly traded uranium miners

0:51.0

joins us to talk about the push by big tech and big finance for

0:54.8

nuclear power. Now let's get to our market panel Barbara Duran of B. D. 8 Capital Partners

0:59.0

and Adam Kress a fooly of vital knowledge guys good to see you bar

1:03.6

we're still above those mid-July levels on the S&P

1:07.2

but just barely so how do you position yourself

1:11.3

as long as we're in this range, say, between around 5,700, 5,400.

1:17.0

Well, I think the market is going to stay pretty much in range here at this point.

1:21.7

You know, we've had the first Fed rate cut. People know

...

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