Closing Bell

Michael Dell, founder of Dell Technologies, shares insights on the surging demand for AI and the challenges surrounding energy constraints in data centers. He discusses innovative cooling technologies aimed at reducing energy consumption. Meanwhile, Jim Cramer, host of Mad Money, delves into NVIDIA's market strategies and the potential concerns of an AI bubble, urging a cautious approach to investing. The conversation also touches on the significance of cultural shifts stemming from TikTok's U.S. restructuring.

Liz Thomas, Head of Investment Strategy at SoFi, shares insights on market valuation, sector rotation, and the exhilarating rise of AI's impact on portfolios. She contemplates whether the current AI enthusiasm echoes past bubbles, highlighting the need for broader market drivers beyond tech giants. Anne Walsh, Chief Investment Officer at Guggenheim, discusses a macroeconomic outlook, predicting Fed cuts and unveiling attractive credit opportunities despite recent bankruptcies in private credit. Their dialogue dives deep into market dynamics and investment strategies.

Christina Partsinebos, a CNBC technology reporter specializing in semiconductor and AI supply-chain news, dives into OpenAI's significant deal with AMD, highlighting how it boosts AMD and its suppliers. She discusses the implications of OpenAI’s multivendor chip strategy, including partnerships with major players like NVIDIA and Google. The conversation also touches on potential risks and benefits of tech spending, comparing today's market behavior to the dot-com boom, while exploring AppLovin's rise and the impact of SEC probes on tech valuations.

Michelle Ross, Chief Investment Officer at StemPoint Capital and a savvy biotech fund manager, dives into the world of small- and mid-cap biotech opportunities. She discusses the catalysts behind biotech's recent rally, like new policy signals and lucrative M&A activities. Ross also breaks down the impressive data results from Unicure's gene therapy and highlights which biotech stocks, such as Abivax and ScholarRock, show promising upside. Her insights reveal why these companies could be the next big winners in the biotech space.

Dan Greenhouse, founder of Solus Alternative Asset Management, shares his insights on AI-related investing, emphasizing the importance of focusing on fundamentals over noise from political events. Emily Wilkins, a CNBC reporter, provides live updates on a crucial government funding vote, discussing its implications for federal employees and economic data. They also tackle the risks of an AI investment bubble and the impact of recent trends in private credit, creating a lively discussion around what truly matters for investors today.

Former OMB Director Mick Mulvaney breaks down the shutdown showdown and its market impact—plus what the next key dates are for both sides. Warren Pies of 3Fourteen Research weighs in on the oil-versus-gold trade. TD Cowen’s Andrew Charles explains fresh moves in the restaurant space and why some brands are lagging with younger consumers. Our Contessa Brewer covers the bounce in sports betting stocks. Plus, Neil Dutta of Renaissance Macro looks ahead to the key economic catalysts on the horizon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dan Smoot, CEO of Vantor (formerly Maxar Intelligence), leads a fascinating discussion on the company's transformation into a software-driven powerhouse. He highlights how AI-powered geospatial data is enhancing defense and navigation. Vantor's impressive 90% recurring revenue and innovative products like Raptor and Sentry are showcased, illustrating the convergence of commercial space with defense technology. Smoot also touches on international growth and offers personal advice on setting work boundaries—a must-listen for tech enthusiasts!

Judson Althoff, Microsoft's new commercial CEO, dives into how AI is shaping the tech landscape, emphasizing the rise of Copilot and enterprise solutions. Jeremy Siegel, finance expert from Wharton, shares insights on market trends and the potential impact of the government shutdown on GDP. Meanwhile, Barbara Humpton, CEO of USA Rare Earth, discusses vital acquisitions for securing domestic supply chains of rare earth materials and her proactive engagement with the U.S. government to ensure sustainability in this critical industry.

Ankur Crawford, an investment expert on technology and AI, discusses the growth of AI tokens and the potential risks tied to capacity constraints. He highlights opportunities in AI infrastructure, particularly for companies like NVIDIA amid power shortages. Phil LeBeau, an automotive journalist, provides insights into Tesla's record delivery numbers and the expectations surrounding their stock performance. Together, they dissect the intersection of technology, investment trends, and the future of electric vehicles.

Markets are showing calm yet fragile signs despite recent events. Global momentum is highlighted as China sees significant market highs. Visa's potential in stablecoins raises questions about banking and financial ecosystems. Wealth concentration is on the rise, with the top tiers responsible for a large portion of consumer spending. Meanwhile, labor market uncertainties linger due to missing data. Lastly, there's a focus on the importance of diversification, especially with gold amidst inflation concerns.