4.8 • 118 Ratings
🗓️ 22 April 2025
⏱️ 46 minutes
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0:00.0 | Well, that's the end of regulation. NASA ringing the closing bell at the New York Stock Exchange of Vantus investors doing the honors at the NASDAQ, a solid rebound for stocks. The major averages all finishing up more than 2.5%. After hopeful headlines about easing trade tensions with China, every sector closing firmly in the green. That is the scorecard on Wall Street, but the action is just getting started. |
0:22.2 | Welcome to Closing Bell overtime. I'm Morgan Brennan, along with John Ford. |
0:25.8 | Well, can Tesla keep this comeback momentum rolling? One of the most hotly anticipated reports of earning season is about to drop after a brutal start to the year for Tesla shareholders. |
0:36.8 | And as questions were all about Elon Musk, the polarizing figure at the head of the company, |
0:41.5 | we're going to have key numbers and reaction from analyst Dan Ives and former Tesla president, |
0:47.1 | John McNeil. |
0:48.1 | And also this hour, David Zervos from Jeffries will be with us to talk about President |
0:52.7 | Trump's criticism of Fed Chair Powell |
0:54.6 | and how the market would react if Powell were to be booted from his role. But first, |
1:01.3 | breaking news on Sam Altman and Nuclear Energy Company, Oklo. Pippa Stevens has the details. |
1:06.7 | Pippa. Hey, Morgan. Well, Sam Altman is stepping down as chairman of the board of nuclear company, |
1:11.3 | Oklo, giving Oklahoma more flexibility to pursue partnerships with OpenAI or other hyperscalers, |
1:17.2 | which might not have been possible with Altman at the helm of both OpenAI and Oklo. Now, Altman |
1:22.5 | has been involved with the nuclear company, which makes small modular reactors. For some time, |
1:28.6 | Oklahoma went public in May of 2024 via a merger with the SPAC backed by Altman. Now, last year, Oklahoma signed an |
1:34.8 | agreement to provide power for data center developers switch, but so far it has not inked a deal |
1:40.3 | with a hyperscaler, and so this might change that. The stock down here is some 5%. Morgan. |
1:46.1 | Okay. Pippa Stevens, thank you. It looks like we're down about six and a half percent now and |
1:50.1 | falling. Now let's get today's market action, and there was a lot of action as we await Tesla results. |
1:56.3 | Let's bring in Carson Group chief market strategist Ryan Dietrich and Payne Capital Management Senior |
2:00.6 | Wealth Advisor, Courtney Garcia, along with CNBC's own senior markets commentator Mike Santoli. |
2:07.1 | Great to have you all here on a day where there's a lot of green on the screen. |
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