Closing Bell Overtime: ServiceNow CEO On AI Strength; Rubrik CEO On Blowout Quarter 12/5/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 5 December 2024
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | That bell marks the end of regulation. |
| 0:04.0 | Recording artist Darlene Love, bringing the pose and bell with the New York Stock Exchange |
| 0:08.0 | to celebrate the exchanges holiday tree lighting and Chocolate City relay and Pacers running doing the honors at the NASDAQ. |
| 0:16.0 | And let's see, we've got a bit of green on the S&P 500, but not too much. |
| 0:22.6 | You can see it ending there a bit lower. |
| 0:25.6 | That's the score caught on Wall Street. |
| 0:27.6 | Winners stay late. |
| 0:28.6 | Welcome to closing about overtime. |
| 0:29.6 | I'm John Fort. |
| 0:30.6 | Morgan Brennan is on assignment, and investors now awaiting some big retail and tech earnings |
| 0:35.6 | highlighted by results from Alta,ulu Lemon, Gila Packard |
| 0:39.1 | Enterprise, DocuSign, and Rubrik. |
| 0:41.8 | And Rubrik CEO is going to join us on a first on CNBC interview to discuss those results |
| 0:46.7 | before he speaks with analysts on the call. |
| 0:49.3 | Plus, our Cloud Week series features an exclusive interview with Service Now CEO Bill McDermott on how AI and |
| 0:55.9 | software stocks could fare under an incoming Trump administration. As we await all those earnings, |
| 1:01.4 | let's bring in BD8 Capital Partner CEO, Robert Duran, and Columos Investments Co-CIO, Michael Grant. |
| 1:08.0 | Guys, welcome. Barb, the Russell, under particular pressure it looks like today, down more than 1%. Some risk assets not faring too well. |
| 1:17.1 | Anything to make of that ahead of this jobs report? Well, I don't know if it's so much connected to the jobs report. |
| 1:22.7 | Because the jobs report, I think either way it goes could be positive for the market. If it's strong, that's good. It reflects |
| 1:28.4 | the good economy. If it's weak, you know, it means the Fed can ease. I think the small cap trade in my |
| 1:33.2 | view has been a trade. And a lot of people have rotated into, we're constantly looking for the laggards. |
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