meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime: S&P 500 Has Best Day of Year; Trading Volatility With Skylar Capital’s Bill Perkins 8/8/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 8 August 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

S&P 500 posted its best day of the year as markets claw back from Monday’s drop. Another earnings parade with Dropbox, Expedia, Gilead, Paramount, Take-Two, Capri, Unity and e.l.f. LightShed’s Brandon Ross breaks down the outlook for video games. Skylar Capital’s Bill Perkins on the energy trade, volatility and how traders are reacting to geopolitical strife. Plus, Waystar CEO Matthew Hawkins on the latest quarter and AI in health care.

Transcript

Click on a timestamp to play from that location

0:00.0

That battle marks the end of regulation, EQV Ventures Acquisition Court,

0:04.7

ringing the closing dollars in New York Stock Exchange, and USA Gymnastics,

0:08.6

including Paris Olympics gold medals, Jordan Childs, doing the honors at the NASDAQ and stocks

0:14.8

going for gold today erasing much of the week's losses after today's jobless

0:19.1

claims number tempered fears of an economic slowdown the tech sector leading the S&P's gains.

0:25.0

That is the scorecard on Wall Street, but winners stay late.

0:27.0

Welcome to closing bell overtime.

0:28.0

I'm John Fort with Morgan Brennan.

0:30.0

Well, coming up this hour, breaking earnings results with crucial signals on the

0:33.6

consumer when Expedia, Capri, E.L. F. Take 2 and Unity Software Report

0:38.6

earnings along with Paramount Gilead Dropbox and many more.

0:41.9

Plus the CEO of Healthcare Software Company and recent IPO Wastear joins us to break down that

0:47.6

company's quarter as the stock makes a sizable move higher.

0:51.8

As we await those earnings, let's bring in our panel

0:54.5

Victoria Hernandez of cross-mark global investments and Charlie Brimskoy of

0:58.8

aerial investments, a longtime shareholder of Paramount.

1:02.8

Good to see you guys, Victoria.

1:05.0

So what do you make of this rally after the drop?

1:09.6

Do you buy the resurgence or have you changed anything as your strategy as a result

1:16.8

of what you've seen over the last week? I'll tell you John we have not changed

1:20.6

our strategy and we have thought all along that we were in this weakening

1:25.2

economy and it wasn't just the non-farm payrolls number that made us feel like that.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.