Closing Bell

Nvidia is the spotlight as analysts and investors dissect expectations from its crucial report. Discussions emerge about the need for clear guidance on future demand and next-gen GPUs. Concerns linger over sustainability and market sentiment, with Nvidia's results seen as pivotal for the broader tech landscape. Geopolitical factors and sovereign AI spending are also on the table, highlighting potential competition. The panel emphasizes the importance of this report for investors navigating a volatile market.

Warren Pies, co-founder of 314 Research, shares insights on Fed policy and a bullish market outlook towards year-end. Mike Santoli, a senior markets commentator, dissects Nvidia's recent performance and volatility. Steve Kovac reports from Microsoft's Ignite event, covering AI partnerships and product strategies. The trio discusses whether Nvidia's earnings could trigger a buy-the-dip rally, while Pies highlights the commodities outlook amidst changing market dynamics. Expect a deep dive into tech's future and the energy sector's shifting tides.

Mike Santoli, CNBC's senior markets commentator, shares insights on the upcoming earnings report from NVIDIA. The discussion touches on whether the recent market pullback is nearing its end and the nuances of AI valuations. Guests including Liz Thomas and Brian Belski debate the potential for selective opportunities in tech amidst worries of a bubble. Aswath Damodaran warns about stretched tech valuations while Elizabeth Burton highlights investment opportunities outside the U.S. Dives into Bitcoin's volatility and implications of circular AI deals add even more depth to the conversation.

Mike Santoli, a seasoned markets commentator, unpacks critical insights on the current bond market signaling and its implications for investors. He discusses the potential stress points in private credit and highlights the volatility surrounding AI investments. The conversation also covers the housing market trends with Dallas Tanner, CEO of Invitation Homes, who shares thoughts on lease renewals and affordability. Tune in for a deep dive into how AI is reshaping market dynamics and what to watch as year-end approaches!

Mackenzie Sigalos, a crypto reporter, dives into the latest Bitcoin price movements, covering ETF flows and sell-offs that are shaking the market. Leslie Picker, a Wall Street expert, sheds light on the recent merges in private credit funds like Blue Owl and how investors are responding to these shifts. The discussion also explores whether increasing private credit issues could signal systemic risks. Tune in for insights on navigating today’s volatile financial landscape!

Dirk Wallinger, founder and CEO of York Space Systems, shares insights into the evolving role of space in national security. He highlights the critical importance of supply chain resilience and how York is adapting to government shutdowns. Wallinger discusses the impressive speed of satellite production, improvements due to automation and AI, and the competitive landscape in space contracting. He also touches on investment strategies, the potential for an IPO, and the necessity for sustained budget action to stay ahead of global adversaries.

Steve Leisman, CNBC's senior economics correspondent, shares insights on the Fed's struggles with a potential December rate cut. He discusses the essential labor data needed for decision-making as uncertainty looms. The conversation also touches on the volatility in the bond market, the implications of a significant crypto selloff, and a deeper dive into tech stocks like Nvidia. Additionally, Courtney Reagan talks about Walmart's cultural shift under new CEO John Furner, following Doug McMillon’s impactful leadership.

Deirdre Bosa, a savvy CNBC tech reporter, joins Eric Woodring, an equity analyst at Morgan Stanley with a focus on Apple. They discuss the wave of AI anxiety affecting market sentiment, urging a reevaluation of spending and valuations. Eric dives into Apple's significant exposure in China and recent iPhone sales trends, weighing the potential impacts of U.S.-China relations. Additionally, they explore Apple's strategic move into AI and robotics, hinting at a vision for the future as they respond to growing technological demands.

Michael Truel, CEO of Cursor, discusses the company's impressive $2.3 billion fundraising and rapid enterprise adoption of its AI coding tool, boosting productivity by 40%. Meanwhile, CNBC's Melissa Lee reveals the concerning risks of insurance schemes sourcing cheaper medications from overseas, highlighting real patient stories. Mike Santoli analyzes the market's rotation away from high-momentum tech stocks towards safer investments, noting the health sector's resilience amidst broader market fears.

Yung-Yu Ma, Chief Investment Officer at PNC Asset Management, and Robert Kaplan, Former Dallas Fed president and current Goldman Sachs vice chairman, dive into the state of the economy and the Fed's potential actions. Ma argues that underlying economic health might necessitate rate cuts next year, influenced by labor market pressures like rising layoffs. Kaplan identifies the Fed's decision-making challenges, emphasizing the delicate balance of neutral interest rates and persistent inflation. Together, they offer a keen insight into market implications, particularly for tech stocks.