Closing Bell Overtime: The Big Day Is Here As Nvidia Reports Earnings 8/28/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 28 August 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We have you covered from every angle on Nvidia earnings – including instant reaction, what it means for the mega-caps and more. Bespoke’s Paul Hickey, Wealth Enhancement’s Nicole Webb and Moor Insights & Strategy’s Patrick Moorhead bring you the investor angle while CFRA’s Angelo Zino on what he is telling clients about the numbers. Plus, Madrona’s Matt McIlwain on what it means for big tech and the rest of the AI ecosystem. Other earnings include: Crowdstrike, Five Below, Pure Storage.

Transcript

Click on a timestamp to play from that location

0:00.0	It's time. Stocks pulling back in the regular session as investors await a potentially narrative shifting event coming in 20 minutes.
0:08.0	That is the scorecard on Wall Street, but winter stay late.
0:10.4	Welcome to closing bell overtime. I'm John Fort back with Morgan Brannett.
0:13.8	Reunited. Well it is the moment all of Wall Street has been waiting for.
0:18.1	NVIDIA earnings just moments away. We've got a packed lineup of guests ready to break down every angle and the impact on
0:25.0	your money.
0:26.0	And we'll also get numbers from Salesforce Crowd Strike, a firm, HP, and many more.
0:31.6	Let's get right to it though. though joining us is bespoke co-founder
0:34.4	Paul Hickey wealth enhancement senior vice president Nicole Webb and more
0:38.8	insights and strategy CEO and chief analyst Patrick Morehead. Welcome to all of you.
0:43.1	Of course we're going to talk market.
0:44.8	I'm not going to talk about the markets.
0:46.9	I'm going to go straight to NVIDIA, Nicole,
0:49.3	because part of what we've been saying is awaiting in video the markets are blah blah blah
0:54.0	I'm gonna say this is narrative shifting no matter what happens even if in video
0:59.2	perfectly meets expectations and doesn't move at all.
1:02.8	To me that would seem dramatically significant.
1:05.0	I think when it comes to NVIDIA and the conversation that everyone's really looking for is going
1:09.6	to come from guidance and so well we might get an initial response based on what we hear today
1:14.3	from the past quarter I think what we're really looking for is are we falling off
1:18.2	the cliff in 2026 or is there really more to come meaning where where do we go from here? So when we think about the
1:25.2	tech stack, when you think about Navidia and the future of do we get generational improvements
	...

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.