4.8 • 118 Ratings
🗓️ 22 May 2025
⏱️ 43 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | Well, that's the end of regulation. Diageo ringing the closing belt in New York Stock Exchange. |
0:04.1 | Nexen doing the honors at the NASDAQ after an earlier drop. |
0:08.1 | Stocks closing right near the flat line for the S&P and the Dow. |
0:12.6 | That says treasury yields backed off after an earlier jump. |
0:15.0 | The third year yield did touch its highest level since 2023. |
0:18.2 | The 10-year yield crossing 4.6% earlier today as well. Big Tech, the outperformer, |
0:24.6 | all Mag 7 names higher, led by Tesla and Alphabet, housing stocks, home-related names lower on |
0:30.3 | those rate moves. The construction ETF on pace for its worst week since December lows and Home Depot |
0:35.1 | closing in the red. Two big IPOs today, though, both |
0:38.5 | popping. Hinge Health. That was up after pricing at $32 a share. It finished at 37 and change. |
0:45.7 | And Mountain also finishing higher after pricing at $16 a share. Solar stocks, those were crushed |
0:52.6 | today. As the new spending bill will cut incentives |
0:54.6 | for the industry sooner than expected. Sunrun down a whopping 40%. Now, that's the scorecard on |
1:00.8 | Wall Street, but we're here where winners stay late. Welcome to closing bell overtime. I am John |
1:06.2 | Fort back with Morgan Brennan. And we're about to get a flurry of earnings reports on the retail side, |
1:11.4 | raw stores and deckers on the software side, workday auto desk. And we do have the numbers from |
1:18.3 | Intuit. Let me give those to you right now. For fiscal Q3, Intuit delivered results at beat |
1:24.4 | on the top and bottom lines revenue was 7.75 billion versus |
1:28.4 | 7.56 billion expected non-gap EPS, $11.65 versus $10.91.91 consensus. |
1:39.2 | Now for Q4, the guide, Intuit guiding above expectations, 3.72 billion to 3.76 billion is the range |
1:48.0 | versus 3.51 expected. Non-Gap EPS, 2.63 to $2.63 to $2.68 cents versus $259 expected. |
2:00.8 | Now, looking through this report, overall growth was strong, but |
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