Closing Bell: The Amazon Resurgence 6/26/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 26 June 2024
⏱️ 42 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | This make a break hour begins with a mega cap tech name reaching a new milestone today and it's not in video |
| 0:06.4 | Strike up the band. It's Amazon topping two trillion dollars in market cap for the first time ever |
| 0:11.4 | We will talk about the stock supercharged |
| 0:13.2 | come back with a shareholder who is buying more today and we'll do that in just a |
| 0:17.4 | little bit. In the meantime, take a look at the scorecard with 60 minutes to go |
| 0:20.4 | in regulation. Get the feeling from looking at the major averages |
| 0:23.7 | that there's a pretty big weight and see ahead of Friday mornings PCE |
| 0:28.0 | inflation report. No big bets being put on the table today as a result. |
| 0:33.0 | Yields though have been creeping up and that's something we're going to keep our eye |
| 0:37.0 | on over this final stretch as well. |
| 0:39.0 | There's the 10 year at 431. |
| 0:41.0 | I did mention Invidia earlier, yes it is in the news and it is important today. |
| 0:45.8 | The company holding its shareholder meeting and talking up its next generation of AI chips as well. |
| 0:50.9 | We'll have a report on what CEO Jensen Wong told his investors this |
| 0:54.5 | afternoon. We'll do that in a little bit. It does take us to our talk of the tape. |
| 0:58.4 | The Amazon Resurgents, how it's happened and where the stock goes from here. |
| 1:02.4 | Let's bring in |
| 1:03.3 | c. n. B. C. Rune who covers the company along with Amazon shareholder |
| 1:07.4 | Stephanie Lincoln High Tower, also a c. N. B. C. contributor. It's good to have you |
| 1:12.1 | both with us. Steph Steph I begin with you because |
| 1:14.0 | you're the person I'm talking about who bought more stock today in this company. |
| 1:18.8 | Tell me about it. |
... |
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