Closing Bell: Reddit’s IPO Filing 2/22/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 22 February 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the open to the close, “Closing Bell” and “Closing Bell: Overtime” have you covered. From what’s driving market moves to how investors are reacting, Scott Wapner, Jon Fortt, Morgan Brennan and Michael Santoli guide listeners through each trading session and bring to you some of the biggest names in business.

Transcript

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0:00.0	All right, welcome to closing bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.
0:04.4	This make a break hour begins with a stunning move in the NASDAQ and whether the euphoria around the AI trade is close to a peak or just beginning.
0:12.1	One of our guests making the case today, it's not even close to a peak or just beginning. One of our guests making the case today, it's not even
0:14.6	close to over. He'll tell you why in just a moment. Your scorecard with 60 minutes to go and
0:19.1	regulation looks like this new highs for the S&P and the Dow today.
0:23.0	It is the Nasdak that is stealing the show.
0:25.5	And look, we only need 20 something or so points here
0:27.9	for a new closing high for the Nasdak.
0:29.8	We will watch it closely over the final stretch.
0:32.2	All of this following NVIDIA's blowout earnings and guidance.
0:35.4	That stock, obviously you know by now,
0:37.6	it is surging along with so many others,
0:39.7	AMD and Broadcom.
0:42.2	And how about Super Micro computer? Are you kidding me? That stocks up more than 30%
0:47.7	Meta and Amazon are also big winners in today's session too. All right takes us to our
0:52.0	talk of the tape,
0:52.7	this mega moment for the mega caps,
0:54.5	how far these stocks can run from here.
0:56.8	Let's ask Adam Parker, he's the founder and CEO of Trivariate Research,
1:00.4	a CNBC contributor, and he is back with me at Post 9.
1:05.0	Good to have you back.
1:05.7	Great to be here.
	...

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