Closing Bell: What's Next for the AI Trade 6/20/24

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 20 June 2024

⏱️ 43 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

Click on a timestamp to play from that location

0:00.0	All right, guys, thanks so much.
0:02.4	Welcome to Closing Bell.
0:03.2	I'm Scott Wobner Live from Post Nine,
0:04.6	here at the New York Stock Exchange.
0:05.8	This make a break hour begins with the Intraday Tech
0:08.5	tumble, and this move in the Dow,
0:10.0	we're gonna get to that too.
0:11.4	Whether the biggest names have gone too far too fast in
0:14.0	tech and what might happen next, we'll ask our experts over this final stretch, including Ed
0:18.2	Yardenny. He will join us in just a little bit. In the meantime, let's just show you the
0:22.2	scorecard with 60 minutes to go in regulation. a little bit of a
0:25.0	a bit of a little bit of a little bit of a late day surge is some names
0:30.8	like Salesforce and Caterpillar and McDonald's travelers.
0:34.6	Chevron's having a pretty good day.
0:36.4	Dow would be up more than 440 points if not for Apple and Microsoft.
0:41.1	That's where we want to zero in the NASDAQ it was up earlier it
0:43.9	rolled pretty hard as well midday I said Apple but NVIDIA rolled over to
0:48.8	that stock was lower we're gonna watch both of those over this final stretch. About a 6% swing in shares of
0:54.5	NVIDIA today. That is interesting because at one point it was up 3%, only adding to its place is the most
1:00.4	valuable company in this market. Well, Apple, it's five week wind streak.
1:04.9	It's in jeopardy with that move right there, down 2%.
1:08.2	Chipotle's another stock to keep an eye on two.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.