Closing Bell

The S&P 500 closed at a 52-week high as the first day of December carried over strength from November. Jefferies’ David Zervos and 3Fourteen’s Warren Pies break down the market action. Morgan is at the Reagan National Defense Forum and sits down with Palantir CTO Shyam Sankar on how the company is using AI to win clients and GlobalFoundries CEO Thomas Caulfield on global chip supply chain and its impact on geopolitical tensions. Our Angelica Peebles on Pfizer’s worst day in two years. talks the company’s clients and AIP Bootcamp. Plus, Samsara CEO Sanjit Biswas on strong earnings and bringing efficiencies to transport companies.

After the best month for stocks in nearly a year and a half, is there now enough reasons to get more bullish? Trivariate’s Adam Parker and Hightower’s Stephanie Link weigh in. Plus, BTIG’s Jonathan Krinsky is “betting on the losers” this month. He explains why. And, Paramount shares popped today. We tell you why Apple is responsible for that jump… and what it could mean for the rest of the media stocks.

Stocks closed out a strong November today – the S&P 500 posted its best month since July 2022 and 10 out of 11 sectors were higher. Our Mike Santoli breaks down the move and what it means. Earnings from Dell, Marvell and Ulta. RTX CEO Greg Hayes on the demand for US supplies around the world in an exclusive interview. Plus, Elon Musk hosts the Cybertruck unveil.

While space is awe-inspiring and technologically groundbreaking, is it investable? Venture capitalist Tess Hatch, who has invested in space startups like Rocket Lab and Spire Global, is pausing her commercial space investments and setting sights on a related industry: defense tech. She joins Morgan Brennan to make the case for the strategic pivot and venture outlook.

What area of the market will work better in the new year? Two famed investors gave their own differing views – one says growth and the other says value. Virtus’ Joe Terranova and Requisite Capital’s Bryn Talkington break down their outlooks. Plus, Tesla held its Cybertruck event this afternoon. We drill down on the biggest highlights. And, Gabriela Santos from JP Morgan Asset Management is revealing her 2024 forecast and how she’s playing the market in the new year.

Stocks finished the day near the flatline after a up and down session on Wall Street, but individual names saw big swings after-hours on earnings. Analyst Rishi Jaluria gave his first take on Dow component Salesforce after those shares climbed on quarterly results. The CEO of Pure Storage discussed his company’s quarter, with that stock pulling back hard on soft guidance. Plus a rare interview with the new Chairman of the Joint Chiefs of Staff, breaking down the connections between geopolitics and the economy, and a closer look at GM’s push higher.

With economic growth revised higher for last quarter alongside prices easy and treasury yields breaking down toward a 3 month low – are we back to pricing in a soft economic landing as the base case? Greg Branch from Veritas and Kristina Hooper of Invesco debate their forecasts. Plus, Corient’s Amy Kong breaks out her playbook for the tech trade heading into 2024. And, top analyst Brent Thill reveals what he will be watching from Salesforce’s results after the bell.

Berkshire Hathaway Vice Chairman Charlie Munger passed away at 99. Our Becky Quick has known him for decades and reflects on his life and legacy. Plus, interviews with AWS CEO Adam Selipsky and Zscaler CEO Jay Chaudhry.

What is the state of stocks? Is it a new bull market that’s about to get even more steam or the last dash of a late-year push that will soon run out of gas. Sofi’s Liz Young and PIMCO’s Erin Browne give their expert forecasts. Plus, Evercore’s Roger Altman breaks down what he is forecasting for the fed and what it might mean for the possibility of a recession. And, Groundswell’s Jake Wood has dedicated his life to giving back. This Giving Tuesday he explains how he is working to democratize corporate philanthropy.

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.

What could the last month of the year bring for stocks? NewEdge’s Cameron Dawson and Citi Global Wealth’s Kristen Bitterly break down how they are playing the final month of 2023. Plus, “the Dean of Valuation” Aswath Damodaran of the NYU Stern School of Business tells us if he thinks the rally has staying power. And, we break down the stocks seeing the biggest gains this Cyber Monday.

Stocks logged their fourth-straight week of gains in a holiday-shortened session on Wall Street. Barry Knapp from Ironsides Macroeconomics and David Bahnsen of The Bahnsen Group weigh in on the rally and how long it can last. Analysts Brian Nagel and Olivia Tong share their retail shopping lists with top picks heading into the holiday season. Evercore's Amit Daryanani talks about reports that Apple's iPhone sales dropped during China's Singles Day sales event, and what that could mean for the holidays in the U.S. Plus the latest on the drama at OpenAI, the top transports to watch, the CSX derailment, and new developments in weight loss drugs.

Commercial space regulation law is on the House of Representatives’ docket — but what needs to be regulated? The White House and House Science, Space and Technology Committee have both unveiled their proposals for simplifying government oversight of the commercial space sector; with two different takes on how to approach the space. Morgan Brennan sits down with Caryn Schenewerk, former SpaceX & Relativity Space counsel, to discuss the playbook for regulation as it stands.

Does the risk-on sentiment of November bode well for the duration of the holidays, given seasonal forces? Or is there too much optimism at play that leaves the market vulnerable to even the tiniest bit of disappointment? Dan Greenhaus of Solus gives his forecast. Plus, top retail analyst Simeon Siegel breaks down which stocks he thinks will be winners this holiday season. And, Fundstrat’s Tom Lee is still betting on a year end rally. He explains why.

Sam Altman is back in charge at OpenAI, this time with a new board that include Bret Taylor as chair. Wedbush’s Dan Ives and TechCrunch’s Connie Loizos break down what it means for employees, investors and the AI ecosystem. Plus, averages on pace for their fourth straight weekly gains as investors head into Thanksgiving. G Squared Private Wealth’s Victoria Greene and John Hancock Investment Management Co-CIO Matthew Mishkin break down the market action, including stock drops for Nvidia and Deere. Meanwhile oil slipped after OPEC+ postponed a key meeting; OPIS co-founder Tom Kloza on what it means for the US and prices at the pump. Former Kansas City Fed President Thomas Hoenig on jobless claims and the Treasury curve; CFRA’s Ken Leon on what Disney shareholders should think after one year after Bob Iger’s return.

After gaining more than 10% in under four weeks is this stock market getting overcooked? Or can the market continue to feed off soft-landing hopes and positive seasonal patterns into December? Bryn Takington of Requisite Capital Management gives her expert forecast. Plus, oil was under pressure today after OPEC+ postponed its policy meeting. We break down the details and what is at stake for the energy space. And homebuilders on the move on the back of key mortgage data. Homebuilder analyst Ken Zener from Seaport gives his take.

Investors were keyed in Nvidia reporting Q3 numbers after the bell and we have you covered from every angle. Analysts Stacy Rasgon of Bernstein and Neuberger Berman’s Dan Flax on the stock reaction while Main Street Research CIO James Demmert talks the shareholder angle. Our Kate Rooney sits down with Coinbase CEO Brian Armstrong in his first comments responding to Binance CEO CZ stepping down after pleading guilty to violating criminal U.S. anti-money-laundering requirements.

What’s at stake when Nvidia reports in Overtime? All-star panel of Stacy Rasgon, Jason Snipe and Joe Terranova break down what they’re expecting. Plus, Schwab’s Liz Ann Sonders explains what she is expecting from stocks in the new year. And, Capital Wealth Planning’s Kevin Simpson is shaking up his portfolio. He reveals his latest moves.

We take you inside the dramatic AI arms race as Microsoft hires ousted OpenAI CEO Sam Altman. Jon Fortt recently spoke with Microsoft CEO Satya Nadella about the company's AI future. Plus, a panel of experts weigh in on what Altman's hire means for the software giant.

TechCrunch editor-in-chief Connie Loizos breaks down what happens to AI funding in Silicon Valley in the wake of the turmoil at OpenAI while DA Davidson’s Gil Luria gives his take on the impact on public companies, including Microsoft and Amazon. Markets closed higher today as investors digested multiple developments on the AI front. Bank of America’s Liz Everett Krisberg on how the consumer looks heading into the holiday season, while RBC’s Helima Croft on the big moves in oil over the past week. Plus, what OpenAI means for Nvidia earnings.