Closing Bell: The Tech Takeoff 7/9/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 9 July 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Closing Bell. I'm Scott Wobner live from Post 9 right here at the New York Stock Exchange. |
| 0:04.1 | This maker breakout begins with another market milestone and the trade that just keeps on giving. |
| 0:08.8 | Invidia hitting $4 trillion in market cap, as you surely know by now. |
| 0:12.6 | It is the first company to ever do that. |
| 0:14.7 | It's leading the NASDAQ to an all-time high and we are picking up some steam as we begin. |
| 0:19.3 | The final stretch, let's show you the majors |
| 0:21.3 | with 60 to go in regulation it's been a mixed day from a sector standpoint but even that is |
| 0:27.7 | starting to turn more green than not all but two are now green on the day comm services leading |
| 0:34.0 | the way today big winners in some terms of single stocks, toast and Vistra, |
| 0:39.2 | and App Lovin. There you go. Some nice gains. It does take us to our talk of the tape. |
| 0:43.9 | Tech's amazing run. And whether that sector can continue to lead stocks even higher than they are now. |
| 0:50.6 | Let's ask Jeremy Siegel. He is the Wharton School Professor of Finance and the Wisdom |
| 0:55.1 | Tree Chief Economist, Professor. I always enjoy speaking to you. It's a great time to do it. |
| 1:00.3 | Welcome back. What about this market? It just continues to defy a lot of odds, doesn't it? |
| 1:07.5 | Absolutely. It really tells you, don't try to time the market because it it will fool you and in the |
| 1:15.2 | long run it has a lot of positive forces this and vizdia is an absolutely incredible company |
| 1:22.4 | and deserves a four4 trillion dollar valuation. |
| 1:34.4 | What I'd like to see, Scott, is not just the producers of AI benefits so much. |
| 1:37.0 | I want to see the users of AI. The firms actually implement the AI advances to cut their costs. |
| 1:43.8 | And I think they're going to have to do it very soon facing some of these tariff price increases. |
| 1:52.5 | Well, that's likely to happen, isn't it? |
| 1:54.4 | I mean, you're also alluding to a tremendous productivity boom, are you not? |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.

