Closing Bell Earnings Parade Rolls On With Palantir, Hims & Hers, Lattice, Axon and More 8/4/25
Aug 4, 2025
Rick Santelli, a seasoned CNBC correspondent known for his sharp insights on the bond market, discusses the rebound in major stock averages and the dynamics shaping investor sentiment. He highlights significant gains in tech and communication sectors, alongside a downturn in crude oil prices due to OPEC Plus decisions. Santelli also explores the divergence of AI-focused stocks from the broader market, the impact of new tariffs on retailers as the school year approaches, and implications of Tesla’s recent compensation package for Elon Musk.
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Palantir's Strong AI Growth
- Palantir's earnings beat and raised guidance show it's more than a meme stock.
- Its rapid growth and profitability highlight it as a key AI infrastructure player.
S&P's AI Market Dominance
- The S&P 500 is increasingly dominated by stocks tied to AI.
- Earnings revisions favor AI-related companies, explaining their growing market cap share.
Retailers Should Track Pricing Closely
- Retailers must closely monitor tariffs and price elasticity for back-to-school season.
- Use AI and software to track pricing strategies and consumer reactions dynamically.