Closing Bell

Jose Rasco, Chief Investment Officer at HSBC Global Private Banking and Wealth Management, discusses the challenges hitting tech stocks and the bullish outlook for 2026. He emphasizes potential earnings acceleration and the strength of financials amid a multi-year AI revolution. The podcast also explores the growing speculation around a possible SpaceX IPO, with insights into its valuation and the implications for the space industry. Additionally, experts share top consumer picks and analyze the fintech landscape for upcoming opportunities.

In this discussion, Alex Kantrowitz, a tech journalist, dives into investor anxiety surrounding AI, particularly regarding Oracle's ambitious infrastructure strategies. Jeremy Siegel, a Wharton professor, highlights the risk of high valuation multiples and shifts towards cyclicals. Oswald de Moter, the 'dean of valuation,' analyzes the varying growth perspectives within mega-cap stocks, cautioning about the overall market's richness. Together, they explore how these dynamics are influencing current market trends and investment strategies.

Heath Terry, Citi’s Global Head of Technology and Communications Research, breaks down the latest OpenAI announcement and what it means for the AI landscape in 2026. Earnings from Broadcom, Costco, Lululemon and RH set the tone for the afternoon. Market gut check with Stephanie Guild, Chief Investment Officer at Robinhood. Christopher Rolland of Susquehanna analyzes Broadcom’s results. Diana Olick reports on U.S. home prices turning negative and Deepak Puri, Chief Investment Officer at Deutsche Bank Wealth Management, on his 2026 market outlook and the strengthening dollar. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Brennan sits down with Will Marshall, Planet Labs CEO, on the latest episode of Manifest Space. They discuss how the company is using AI in its satellite imagery to help countries quickly identify the location of security and economic threats around the world. Plus, the natural advantages for data centers in space—and how Planet Labs how to capitalize on the opportunity.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What could be next for this record setting rally? Fundstrat’s Tom Lee reveals his 2026 outlook. Plus, we discuss what could be in store for the AI trade in the new year with Deepwater Asset Management’s Gene Munster. And, one of the standout stories of the markets in 2025 is the participation of the retail investor – even bigger than we may have thought, according to some new data. Kristina Partsinevelos breaks down the numbers and what it means to the market.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Zervos of Jefferies shares his take on what the Fed’s move means for markets and the economy. Earnings from Oracle, Adobe and Synopsys, with Rishi Jaluria of RBC Capital Markets breaking down Oracle’s results and Sassine Ghazi, Chief Executive Officer of Synopsys, discussing the company’s outlook. Brian Moynihan, Chief Executive Officer of Bank of America, weighs in on the broader Fed and economic backdrop. Barbara Doran of BD8 Capital and Brent Schutte, Chief Investment Officer of Northwestern Mutual, unpack what the Fed, Oracle and earnings season mean for investors. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Powell followed the committee’s decision to cut interest rates by 25 basis points, while signaling a higher bar for the next cut. DoubleLine Capital’s Jeffrey Gundlach joins Scott Wapner with his first take on the decision, Powell’s news conference and his own market forecast.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Steve Sosnick, Chief Strategist at Interactive Brokers, shares his insights on market pullback risks amid rising yields and interest rates. He explores midterm-cycle challenges while Mike Santoli discusses the implications of market breadth, highlighting small-cap leadership and the transport sector's strength. The conversation also touches on earnings from significant retailers and reveals the nuanced strategies of companies like Nvidia in the evolving tech landscape.

Trivariate’s Adam Parker, Aureus Asset Management’s Kari Firestone and JP Morgan’s Stephanie Aliaga tell us where they think stocks will go from here. Plus, Ashley MacNeill tells us how she is playing the software space in the new year. And, we break down the big move in Boeing’s stock today – following some critical data.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kevin Mahn, President and Chief Investment Officer at Hennion & Walsh, and Victoria Greene, Founder and Chief Investment Officer at G Squared Private Wealth talk the broader market outlook. Tom Rogers breaks down Paramount’s hostile bid for Warner Bros. and the potential market impact. Our Steve Kovach breaks down Apple leadership departures and the company’s AI strategy. AWS CEO Matt Garman and Accenture’s Julie Sweet discuss enterprise and cloud demand trends. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.