Closing Bell Overtime: White House Crypto Czar David Sacks; Alphabet Earnings; IBM CEO Exclusive Comments 02/04/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 4 February 2025
⏱️ 43 minutes
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| 0:00.0 | With Morgan Bremen and John Ford. |
| 0:04.0 | Well, that's the end of regulation. Zinia hotels and resource ringing the closing bell, |
| 0:07.4 | the New York Stock Exchange, and Microsoft doing the honors at the NASDAQ. |
| 0:11.0 | The major averages making a comeback as trade war worries with Canada and Mexico abate, |
| 0:15.8 | though China tariffs remain top of mind. |
| 0:18.1 | Tech seeing a strong bounce led by a leap higher for Palantir. That is the |
| 0:23.2 | scorecard on Wall Street, but the action is just getting started. Welcome to closing bell |
| 0:27.1 | overtime. I'm Morgan Brennan with John Ford. And we have got a monster hour of earnings on the way, |
| 0:32.7 | headlined by Alphabet, AMD, and Gen, Electronic Arts, Snap, Chipotle, and Mattel. We're going to bring you |
| 0:39.8 | all the breaking numbers and analyst reaction. Plus, White House AI and Cryptosar, David Sacks, |
| 0:46.4 | will join us exclusively, fresh off a news conference outlining the administration's approach |
| 0:51.4 | to digital assets, including regulation and the |
| 0:54.4 | possibility of a strategic Bitcoin Reserve. |
| 0:57.1 | And an exclusive interview with the CEO of IBM following the company's Investor Day with new |
| 1:02.8 | growth targets and the latest on tariffs and government contracts. |
| 1:06.6 | As we await this wave of earnings, though, let's bring in Sand Hill Global Advisors, |
| 1:11.3 | Chief Investment Officer Brenda Vengello and CNBC Senior Markets Commentator Mike Santoli. |
| 1:17.7 | Brenda, it's great to have you on. |
| 1:19.0 | I'm going to start right here with the fact that all the major averages finished higher, |
| 1:22.8 | particularly small caps, the Russell 2000 and the NASDAQ, which was led higher in part by Palantir. |
| 1:30.2 | How does it set us up after such a topsy-turvy start to the week where trade was top of mind? |
| 1:37.0 | I think just even looking over the last couple of weeks, it's been a lot of moving parts. |
... |
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