Closing Bell

Thomas Kurian, the CEO of Google Cloud, and Julie Sweet, the CEO of Accenture, delve into the exciting world of generative AI and cybersecurity. They discuss their companies' expanded partnership and how they are addressing the evolving client needs for AI technologies. Kurian highlights the potential of AI to transform industries, while Sweet emphasizes the necessity of adapting strategies to meet market demands. Their insights reveal how AI innovations are reshaping business landscapes and driving future growth.

Cameron Dawson, a strategist from NewEdge, Kristina Hooper, an expert from Invesco, and Mike Rode from American Century share their insights on navigating current market dynamics. They discuss the resurgence of the 60-40 investment portfolio amidst volatility and explore the challenges faced by tech stocks. The trio also highlights Apple's major AI initiatives and anticipates earnings reports from retail giants like Lululemon and Ulta, shedding light on competitive strategies in the retail landscape.

Paul Hickey, an investment expert, shares insights on how Nvidia’s earnings impact market perceptions. Nicole Webb discusses mega-cap stocks and their evolving influence in the tech landscape. Patrick Moorhead dives into strategic implications for the technology sector. Angelo Zino reveals the client perspectives on Nvidia's figures, while venture capitalist Matt McIlwain analyzes the ripple effects on the AI ecosystem. The conversation also touches on earnings from other companies like Crowdstrike, exploring broader trends in investor sentiment and market dynamics.

Stacy Rasgon, Stephanie Link, and Josh Brown, all financial experts, dive into Nvidia's crucial earnings report. They discuss the major stakes involved and explore revenue projections and market reactions. Dan Ives highlights this report as the year's most significant, while technician Jeff deGraaf raises concerns about potential market headwinds. The conversation shifts to Nvidia's competitive edge in AI and broader implications for tech investments. Insights into market trends and shifts towards defensive sectors wrap up this riveting analysis.

Market trends and economic indicators are analyzed, especially ahead of Nvidia's earnings. The S&P 500 may hit 6,000 by year-end, with positive earnings from retailers like Nordstrom creating buzz. The housing market faces rising prices amidst high mortgage rates. Significant legal developments impact consumer confidence and investment sentiment, while sector gains in financial markets are noted. Anticipation builds for Nvidia's earnings as analysts predict growth driven by new chip technologies.

Amidst a broadening market … how reliant are we on Nvidia and other tech heavyweights? Solus’ Dan Greenhaus, NB Private Wealth’s Shannon Saccocia and Branch Global Capital Advisors Greg Branch debate their forecasts. Plus PIMCO’s Erin Browne tells us why investors should wait to buy the dip. And, it could be a new era for the NFL as team owners vote on private equity investing. We drill down on what that could mean for the league.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow posted its first record close in over a month after last week’s Jackson Hole conference. Allianz’s Mohamed El-Erian breaks down the key messages from Powell and the Fed. G Squared’s Victoria Greene and Carson Group’s Ryan Detrick on today’s tech laggards and the rest of the market. Boeing announced SpaceX will bring home its astronauts; Jefferies analyst Sheila Kahyaoglu on what it means for the stock. Plus, Payoneer CEO John Caplan on consumer spending. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Now that rate cuts are all but confirmed … what is next for the rally? Requisite Capital’s Bryn Talkington tells us what she is expecting. Plus, Former Dallas Fed President Robert Kaplan gives his first take on Powell’s Jackson Hole speech. And, chip stocks got wrecked in today’s session. Seema Mody reveals what’s behind that drop.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Jay Powell signaled rate cuts are near after saying, “The time has come for policy to adjust.” Investors cheered the news, sending stocks broadly higher. Innovator Capital Management’s Tim Urbanowicz and Paulsen Perspectives’ Jim Paulsen break down how to position while 3Fourteen’s Warren Pies discusses the impact on housing. Plus, BofA Head of North American Banks Research talks what the cuts will mean for banking stocks and Mercer US CIO Olaolu Aganga gives top ideas and the opportunities in alternative investments.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.