Closing Bell Overtime: Tech’s AI Surge; Investing In Top Private Companies With Liberty Street CIO Christian Munafo 5/26/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 26 May 2023
⏱️ 45 minutes
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| 0:00.0 | Well, you got a rally into the holiday weekend, but we're not done. |
| 0:04.8 | Winter's Day late. Welcome to Closing Bell Overtime. I'm John Fort with Morgan Brennan. |
| 0:09.2 | Breaking news this hour is we await the latest bank balance sheet data from the Fed we're |
| 0:13.8 | going to bring that to you as soon as it crosses. Plus we're on debt ceiling |
| 0:17.5 | deal watch as we head into the holiday weekend and inch ever closer to Janet |
| 0:21.6 | Yellen's June 1st deadline or what we'll call an X date |
| 0:25.8 | because nobody really knows the actual deadline. |
| 0:27.8 | Well you know it's money flowing we'll see let's get to the market action. |
| 0:31.7 | Speaking of money flowing, |
| 0:32.6 | Invidia and other AI names boosting tech this week, |
| 0:35.6 | the NASDAQ clubing up more, closing up more than 2% |
| 0:38.7 | for its fifth straight weekly gain, |
| 0:41.3 | but the down, closing down 1 1% joining us now is vital |
| 0:44.5 | knowledge founder Adam Chris a fully Adam so PCE was actually a bit hot stocks are up |
| 0:51.6 | debt ceiling wasn't solved yet. |
| 0:54.8 | Next week starts the last month of the first house. |
| 0:58.8 | So what should investors brace for with that setup? |
| 1:02.1 | So I think the North Star for all investors should be earnings. |
| 1:06.0 | I think that's kind of been the story of this market for the last several months and it's still, I don't think, |
| 1:11.0 | appreciated enough. |
| 1:12.0 | I know NVIDIA this week was a huge blowout but you know aside |
| 1:15.6 | from NVIDIA going back to the Q1 March end quarter companies and now with the April and |
... |
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