Closing Bell

Loretta Mester, former Cleveland Fed President, shares her insights on the Federal Reserve's future strategies amidst changing economic conditions. She discusses the crucial balancing act between inflation control and employment goals. Matt McIlwain, Managing Director at Madrona, dives into OpenAI's recent funding challenges and the increasing role of private equity in tech investments. They also touch on shifts in consumer spending behavior and the competitive landscape in the technology sector.

In this lively discussion, financial experts David Kelly from JP Morgan, Warren Pies of 3Fourteen, and Shannon Saccocia from Neuberger Berman share their insights on the economic landscape and stock market trends. They debate the soft-landing scenario and the outlook for the quarter ahead. Aneesha Sherman of AB Bernstein provides an analysis of consumer behavior, focusing on Nike earnings. Savita Subramanian from BofA discusses the ongoing rise of value stocks and forecasts further growth, adding depth to a compelling financial conversation.

The U.S. Commerce Department has unveiled a proposed a ban on Chinese software and hardware in connected vehicles on American roads—but it could expand to drones and other technology. Skydio co-founder & CEO Adam Bry joins Morgan Brennan on the heels of his company’s customer day. The largest maker of drones in the U.S., Bry and Brennan discuss the future of the technology, implications for public safety, & potential for package delivery by drones.

Bob Jordan, CEO of Southwest Airlines, shares his new three-year plan aimed at boosting profitability while addressing activist investor Elliott Management's concerns. Ruchir Sharma, Chairman of Rockefeller International, expresses skepticism about the sustainability of the recent rally in Chinese stocks despite government stimulus measures. Joe Feldman from Telsey reacts to corporate earnings, particularly Costco's mixed performance, while discussing market trends and investment strategies amidst economic challenges.

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.

World leaders and policymakers are meeting for both the UN General Assembly and Climate Week this week: a primetime for Planet Labs’s latest product launch and satellite success. The company, which operates the largest earth observation constellation in low-Earth orbit, has unveiled the world’s first-ever forest carbon monitoring system at 3 meter resolution. Additionally, the publicly traded company revealed images from it new hyperspectral satellite, Tanager-1. CEO Will Marshall joins Morgan Brennan to discuss AI in the space race, and why he believes his company  is positioning itself for a “multi-trillion dollar transition to a sustainable economy.”

Meta unveiled its long-awaited AR headset at its Meta Connect developers conference. Chief Product Officer Chris Cox joins for a rare interview to talk the company’s AI strategy, spending and election efforts. Micron jumped on strong guidance after earnings; CFRA analyst Angelo Zino on what to do with the stock. Our Pippa Stevens reports on the surge in nuclear energy demand thanks to AI while Cameco CEO Tim Gitzel discusses his company’s plans to meet that demand.

Tom Lee, a renowned market strategist, shares insights on the potential for stock growth amid market fluctuations. Gene Munster, a shareholder at Deepwater Asset Management, discusses the implications of Meta’s latest AI and hardware announcements on its stock performance. Analyst Kate Rooney provides updates on significant changes at OpenAI, highlighting the tech landscape's dynamic shifts. Together, they explore key trends in tech stocks like Nvidia and consider the interplay between innovation, stock valuations, and economic conditions.

Oscar-winning director James Cameron joins to discuss his new role on the board of Stability AI, sharing insights on how AI could reshape the future of filmmaking. He addresses the potential of generative AI for visual effects while emphasizing the ethical implications and job impacts in Hollywood. Meanwhile, Commerce Secretary Gina Raimondo explores proposals to ban certain foreign technologies from connected cars for national security. Their conversation highlights the intersection of technology, innovation, and the future of creative industries.

Joining the discussion are Adam Parker from Trivariate, Lauren Goodwin of New York Life Investments, Kristina Hooper from Invesco, market analyst Chris Verrone, and shareholder Michelle Ross from Stempoint Capital. The guests delve into bullish prospects in the industrial sector and where investors can find strength in the current bull market. They also address the market's reaction to recent rules on weight loss drug pricing, alongside key trends in technology and semiconductors. Expect insightful forecasting amid economic uncertainty!