Closing Bell – Details, episodes & analysis

Within the next decade, thousands of satellites are set to head to space, but satellites may need to duck for cover. As more payloads enter low Earth orbit, space junk— debris from previous rocket launches, inactive satellites, and more—is also on the rise. LeoLabs is a startup that analyzes it all, and says number of active payloads it tracks has increased tenfold. With an additional 13,000 pieces of debris in orbit, what’s the future of space traffic management? CEO Tony Frazier joins Morgan Brennan to discuss the trajectory of space traffic, using AI to analyze satellites, and his six months on the job.

Cleveland-Cliffs CEO Lourenco Goncalves says in an exclusive interview with Closing Bell Overtime that the offer for US Steel is still on the table and he is working with JPMorgan and Wells Fargo on a plan. L3Harris CEO Chris Kubasik talks global threat levels, disruption in the defense sector and what impact the 2024 election will have. Secureworks CEO Wendy Thomas on what a possible deal for the company would look like. Plus, Bernstein’s Stacy Rasgon reacts to Broadcom earnings. 

Investors digest earnings from Nvidia during the trading session, sending the Nasdaq ultimately lower. Earnings today from Ulta, Autodesk, Dell, Lululemon, Marvell and MongoDB. Bernstein analyst Aneesha Sherman breaks down Lulu’s numbers. Google Cloud CEO Thomas Kurian and Accenture CEO Julie Sweet join in an exclusive interview to talk their expanded partnership in generative AI and cybersecurity, plus what their clients want from their offerings. 

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.

Stocks pulled back a bit in Thursday trading as investors digested a wave of Fed commentary, and as Treasury yields moved higher. Eric Johnston from Cantor Fitzgerald makes the bear case for equities, saying he says very little upside to being long stocks right now. The collapse of FTX remained in focus as pressure builds on Sam Bankman-Fried. House Financial Services Committee chair Maxine Waters discusses her call for a hearing into the company and its former CEO. Plus, the head of the National Retail Federation shares his holiday sales outlook, and the latest on the housing market and Taylor Swift ticket drama.

Is the environment for stocks getting better or worse? Have stocks rallied too much for comfort? Ritholtz Wealth Management’s Josh Brown weighs in. Plus, top-ranked chip analyst Stacy Rasgon gives his instant reaction to Nvidia’s earnings report. And, should investors be more worried about the bond market’s message? Market expert Mike Santoli explains.

Stocks closed mostly lower on Wall Street after a poor earnings performance from Target dinged investor sentiment. Former Walmart US CEO Bill Simon and JP Morgan analyst Chris Horvers discuss those results, and the read-through for other big box stores. Erin Browne from PIMCO makes the bull case for bonds, amid more color from Fed officials on the rate hike path. Chips were a weak spot in the session following a warning from Micron. Needham’s Rajvindra Gill breaks down that news, and his outlook for Nvidia and Taiwan Semiconductor. Plus the latest on FTX, a big drop for one auto parts retailer, and why Zoom took a leg lower.

A fast-paced look at the after-hours moves and late-breaking news live from the New York Stock Exchange. Closing Bell Overtime drills down into stocks and sectors, interviews some of the world’s most influential investors and gets you ready for the next day’s action. ===

Stocks saw a major rally in early trading following weaker-than-expected inflation data and key retail earnings. But reports of Russian missiles hitting Poland put a pause on the rally. Fred Kempe from The Atlantic Council discusses the geopolitical implications of the reports. Lori Calvasina from RBC shares her outlook for the market in this uncertain environment. Chipotle’s CEO gives his read on food inflation, along with thoughts on advertising on Twitter after Musk’s takeover. Plus, the CEO of Planet Fitness talks growth, and the latest on FTX, Tesla, and the pop for Chinese tech stocks.

The Dow dropped to end the trading day – finishing out lower by 210 points. Dan Greenhaus of Solus gives his instant reaction. Plus, under-the-radar growth plays with Josh Bennett of Weatherbie Capital. And, Berkshire Hathaway’s 13F filing officially out in Overtime. Market expert Mike Santoli gives his instant reaction.