Closing Bell Overtime: Tech Earnings & Synopsys CEO; Tech Stock Slide 2/27/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 27 February 2025
⏱️ 43 minutes
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| 0:00.0 | Well, that bell marks the end of regulation. GFL environmental ringing the closing bell at the New York Stock Exchange. |
| 0:05.9 | Longview Research Partners doing the honors at the NASDAQ and a late session sell-off as more tariff jitters, shake investors, and NVIDIA pulls back sharply the day after earnings. |
| 0:15.5 | The Dow's swinging more than 550 points, the NASDAQ falling at more than.5% S&P 500, now negative for the year. |
| 0:24.2 | That's a scorecard on Wall Street, but winner stay late. |
| 0:26.9 | Welcome to closing ballot overtime. I'm John Fort. |
| 0:29.3 | Morgan Brennan is off today. |
| 0:30.8 | Well, we'll talk about this pullback throughout the hour, including with Newberger-Berman President Joe Amato. |
| 0:35.9 | We'll get his take on this bout of volatility ahead of tomorrow's inflation print. |
| 0:42.0 | And also ahead this hour, earnings results from Dell, HP, NetApp, Dualingo, and more. |
| 0:47.6 | Plus, conversations with the CEOs of earnings movers from the regular session, |
| 0:51.9 | including Snowflake, C3 AI, and synopsis. We begin, though, |
| 0:56.1 | with the market and the midday turned lower for the major averages. The Dow giving up a more than |
| 1:01.3 | 450 point gain. The NASDAQ had been up nearly 1% at the highs, and the stock story of the day |
| 1:07.4 | is Invidia, sinking more than 8% after last night's earnings, was selling |
| 1:11.9 | pressure picking up throughout the day. I spoke with Nvidia's CEO Jensen Huang after the results |
| 1:17.4 | came out about some of the concerns around the ramp of its Blackwell chips and platform |
| 1:24.5 | and his outlook for next quarter. |
| 1:28.5 | It was logical to be concerned about the ramping of Blackwell, but we have now successfully |
| 1:32.7 | ramped Blackwell. |
| 1:34.1 | The other concern that people had was the Hopper Blackwell transition and might create |
| 1:39.4 | a pocket and air pocket. |
| 1:41.3 | And I think we're now well successfully behind the air pocket. |
... |
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