Closing Bell Overtime: T-Mobile CEO Talks Latest Quarter, What AT&T and Verizon’s Lead Pipes Mean For The Industry; Is Intel’s Turnaround Kicking Into High Gear? 7/27/23

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 27 July 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow closed lower…finally. Today broke a thirteen-session winning streak. Bespoke’s Paul Hickey and Annandale Capital’s George Seay break down the market action, and earnings from Intel, Ford, T-Mobile, Roku, Live Nation, Mondelez and First Solar. T-Mobile CEO Mike Sievert talks the company’s mixed quarter and what the legacy carrier’s lead pipes means for the industry. Carrier CEO David Gitlin on the company’s strong quarter and the market for air conditioning amid the nation-wide heat wave. Wedbush’s Matt Bryson breaks down Intel’s quarter. Third Bridge’s Jamie Lumley talks Roku’s quarter.

Transcript

Click on a timestamp to play from that location

0:00.0	Well you can't spell down without Dow.
0:02.8	Oh wow.
0:03.8	At least today that's relevant, didn't get that 14th streak.
0:06.6	Welcome to Closing Bell overtime.
0:08.2	Winners stay late.
0:09.5	I'm John Fort with Morgan Brennan and the Dow yes snapped that 13-day winning streak
0:14.8	closing to the lows of the session off more than 200 points.
0:17.6	Meanwhile the busiest day of earning season rolls on into overtime we've
0:22.4	got results from Intel, Ford, Roku, Live Nation,
0:26.2	Mondeleas, and First Solar, just to name a few, just moments away. We're going to bring
0:30.5	you those numbers as soon as they hit the wires.
0:33.0	T-Mobile's earnings are also on deck.
0:35.0	The company's CEO will break down those results
0:37.5	before he speaks with analysts on the call.
0:40.0	And let's get right to it.
0:41.0	We've got George C. Annandale, Capital founder, and Paul Hickey, bespoke
0:45.3	founder here with us. George, we've just about given up the week's gains on the S&P. It's not that earnings
0:52.4	news has been bad, but Alphabet and Meta just
0:56.1	haven't been enough to pull the rest of the market higher. So are the results
0:59.9	that we're going to get this afternoon and evening moments from now going to be
1:04.6	enough to change the sentiment I mean Intel Ford T-Mobile Mondeleis they're
1:09.0	smaller. Yeah hi John you know none of these companies are market movers anymore.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.