Closing Bell: Time to Protect Some Profits? 5/30/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 30 May 2023
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Kelly, |
| 0:02.0 | thanks so much. Welcome to Closing Bell. I'm Scott Wobner live from Post Nine at the New York Stock Exchange. |
| 0:06.0 | This make-a-break hour begins with the mania around AI stocks. |
| 0:10.0 | Many including NVIDIA hitting new highs yet again today. This is questions |
| 0:14.8 | intensify over whether it is all too much too soon and a bubble found a burst. We |
| 0:20.5 | discussed that with our panel of experts in just a moment. |
| 0:23.2 | We're also, of course, watching for any developments out of Washington right there |
| 0:26.4 | is the Capitol, where the House Rules Committee is now meeting on that debt ceiling |
| 0:30.4 | deal reached over the weekend. |
| 0:32.2 | In the meantime meantime here is your |
| 0:33.2 | score card with 60 minutes to go in regulation. A relatively tight range for |
| 0:37.0 | stocks today. The Nasdaq once again where the action has been throughout much |
| 0:41.0 | of the day, Meta and Microsoft Apple and A. M. D among the standouts there. |
| 0:46.4 | Tough to get much going elsewhere though is Energy and Staples lag. |
| 0:49.8 | It leads us to our talk of the tape, the trillion dollar club getting a new member today |
| 0:53.3 | invidia becoming the first ever chip stock to reach that milestone an astounding |
| 0:58.0 | run for a stock that has just simply soared what now though is the question is it |
| 1:01.9 | time to take and protect some profits? |
| 1:04.0 | Let's ask requisite capitals. Bryn talking to new owns the stock. |
| 1:07.0 | Also a CNBC contributor Bryn, welcome it's nice to see you. |
| 1:11.0 | How are you thinking about this? Are you tempted to take some chips off the table and have you? |
| 1:18.4 | I have it positioned appropriately and I think that as I said last week |
... |
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