Closing Bell Overtime: Salesforce Disappoints; C3.AI & Pure Storage CEOs On Latest Quarter 5/29/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 29 May 2024
⏱️ 44 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Well stocks pulling back as yields tick higher with the dial and the Russell 2000 |
| 0:06.7 | leading the declines that is the scorecard on Wall Street but when you stay late |
| 0:10.3 | up in the closing about overtime I'm John Fort with Morgan Brennan. |
| 0:13.2 | We have a very busy hour of earnings coming your way, including results from Dow |
| 0:17.3 | component Salesforce, also Nutanics, Octa, Pure Storage, C3 AI and more. |
| 0:23.4 | We're going to bring you the key numbers, plus exclusive interviews with the CEOs of |
| 0:27.2 | C3 and Pure Storage before they talk to Wall Street on their conference call. |
| 0:32.3 | Because that is how we do it here at overtime. |
| 0:34.6 | But first, let's get to today's action. |
| 0:36.7 | The major average is all pulling back. |
| 0:38.1 | Yields moved higher again. |
| 0:39.8 | We had another week Treasury auction. |
| 0:42.2 | The NASDAQ, though, still holding on to |
| 0:43.8 | gains for the week. Let's bring in our market panel, |
| 0:46.3 | Nicole Webb of Wealth Enhancement Group, Charlie Bourne-Scoe of Ariel Investments, |
| 0:50.4 | NC ABC Senior Markets Comment commentator Mike Santoli. |
| 0:53.4 | Nicole, it's great to have you here on set. The fact that we are seeing this |
| 0:57.3 | pullback in the major averages today, got the S&P back below 5,300, 5266 |
| 1:02.0 | looks like where we're closing right now. |
| 1:03.7 | It really does feel like it's AI and everything else in the market, |
| 1:07.6 | especially when you see in recent days |
| 1:10.0 | what's been underperforming versus what's been holding up. |
... |
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