Closing Bell

The podcast dives into current economic conditions impacting the stock market, especially major sell-offs among big names like Apple. Listeners gain insights on how market fluctuations and Federal Reserve speculations shape investment strategies. The discussion navigates through the tech sector's recent turbulence and geopolitical factors affecting energy prices. With a focus on economic indicators like GDP and unemployment, experts analyze the potential ramifications on equity performance and the shift in consumer behavior amid recession fears.

In this discussion, Intel CEO Pat Gelsinger shares insights on the company's significant stock drop and plans to suspend its dividend, marking the worst day for Intel in over 50 years. Bob Elliott, CEO of Unlimited Funds, Erick Knutzen from Neuberger Berman, and Jeff Krumpelman from Mariner Wealth tackle strategies to navigate the turbulent market, emphasizing the importance of investment choices amid tech sell-offs and banking instability. They also discuss potential opportunities in high-quality banks during these challenging economic times.

The podcast kicks off by challenging the correlation between wealth and meaningful experiences, all while navigating significant market losses. It examines recent job numbers and their effect on investor sentiment, alongside Intel's stock decline. The discussion also highlights Eli Lilly's return to the market with its weight-loss drugs and scrutinizes Exxon Mobil's record profits amid broader oil market complexities. Lastly, it dives into the financial sector's downturn, particularly focusing on major bank losses and the hurdles Amazon is currently facing.

Ravi Inukonda, the CFO of DoorDash, shares insights on the latest quarter, highlighting DoorDash's impressive 14% stock surge amid changing consumer spending habits. He delves into the contrasting performances of digital food delivery versus traditional restaurants. The discussion also explores Amazon's struggles with revenue and Intel's significant misses leading to layoffs, alongside a buzz about future AI developments from major tech firms. Listeners get a comprehensive look at the evolving market dynamics affecting these giants.

The major averages sank in today’s session on the back of some weak data. Virtus’ Joe Terranova and CIC Wealth’s Malcolm Ethridge break down how they are navigating the big drop. Plus, Apple and Amazon are among some of the critical companies reporting earnings after the bell. Our expert panel tells us what to expect. And, legendary oil trader Mark Fisher reveals where he is seeing opportunity in the energy sector. 

Ursa Major is having a change of the guard. Founder Joe Laurienti is passing the CEO title onto former Maxar CEO Dan Jablonsky. With the change to take effect next week, Morgan Brennan sits down with Laurienti and Jablonsky to layout the transition, the propulsion startup's gameplan going forward, and what it all means for growth.

Alan Blinder, former Fed Vice Chairman known for his expertise in monetary policy, joins top-rated analyst Mark Mahaney and CFRA's Angelo Zino. They dive into Meta's impressive earnings, underscoring AI investments and the digital advertising landscape. Qualcomm's CEO shares insights on the chipmaker's success in the automotive sector. The conversation also touches on the Fed's potential interest rate cuts and their impact on the market, along with discussions on other notable tech earnings from companies like Arm, eBay, and MGM.

The podcast dives into how electricity has reshaped investment opportunities and the importance of tracking labor market trends. It discusses post-pandemic economic stability, job creation, and the future of payment systems with CBDCs. The impact of potential Federal Reserve rate cuts on market dynamics is analyzed, alongside insights on major stock performances and upcoming IPOs. A cultural touch is added with a nod to an art exhibition, while the semiconductor market's evolution and key player earnings are explored.

Microsoft kicks off Big Tech earnings with a cloud growth number that disappointed earnings and the stock moved lower in Overtime. We have you covered with instant analyst reaction. Other earnings include EA, Mondelez, Starbucks, AMD, Skyworks, Arista Networks, Live Nation. JetBlue CEO Joanna Geraghty on the company’s strong quarter and what’s ahead for the airline. 

This conversation features Adam Parker from Trivariate, who delivers sharp insights on the tech sector's landscape, alongside Ankur Crawford from Alger, dissecting the stakes for major tech players like Microsoft. Chip expert Stacy Rasgon shares his expectations for AMD's upcoming earnings, while Angelica Peebles from CNBC clarifies the factors behind Merck's stock decline. The group navigates the impacts of economic uncertainty on market dynamics, emphasizing consumer pushback and the shifting fortunes of mega-cap tech.