Closing Bell Overtime: Rubrik CEO on Earnings & John Gruber on Apple’s AI Rot 3/13/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 13 March 2025
⏱️ 43 minutes
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| 0:00.0 | Well, that bell marks the end of regulation. |
| 0:02.5 | Elta MD skincare ringing the closing bell through New York Stock Exchange, Pilgrim's Pride Corporation, |
| 0:07.2 | doing the honors at the NASDAQ. |
| 0:08.9 | And another ugly day as the S&P 500 falls into correction territory. |
| 0:14.5 | The Dow sinks below 41,000 as investors deal with more tariff worries, uncertainty in Washington. |
| 0:20.6 | That's the scorecard on Wall Street, but winners stay late. |
| 0:23.3 | Welcome to closing bell overtime. |
| 0:24.4 | I'm John Fort. |
| 0:25.4 | Morgan Brennan is off today. |
| 0:26.9 | We got another big hour of earnings ahead with results from Rubrik, DocuSign, PagerDuty, |
| 0:32.3 | and Alta Beauty, plus a first on CNBC interview with Rubrik CEO before his call with analysts. |
| 0:38.7 | And a major red flag for Apple. |
| 0:41.0 | Noted Apple blogger John Gruber is out with a scathing post about the company's AI delays as that stock falls again today. |
| 0:48.9 | He's going to join me live with his warning for Tim Cook as the stock paces for its worst week since 2020. |
| 0:55.5 | Now let's get straight to the market another day in the red with the Dow now pacing for |
| 0:59.9 | its worst week since 2022. |
| 1:02.9 | Joining me is Schwab Asset Management CEO and CIO Omar Aguilar and Richard Bernstein |
| 1:08.0 | advisor's CEO and CIO Richard Bernstein, guys, we could use some |
| 1:12.8 | clarity or at least some great insights here. |
| 1:15.7 | Omar, it's been a pretty steep drop since February 19th. |
| 1:20.6 | And that's despite a cool CPI, friendly PPI number. |
| 1:24.8 | Is it time to buy? |
... |
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