Tech Stocks Slide as Markets Rotate Into Small Caps

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Rockefeller Global Family Office CIO Jimmy Chang, Tradeweb CEO Billy Hult, Wedbush Managing Director, Internet Equity Research Analyst Ygal Arounian, Raymond James Financial CEO Paul Shoukry, GE Healthcare CEO Peter Arduini, Deutsche Bank Head of Asset Allocation, Chief Global Strategist Binky Chadha, Jefferies Software & Internet Research Tech Sector Leader Brent Thill, Seaport Research Partners Semiconductors & Electronics Senior Analyst Jay Goldberg, T. Rowe Price Portfolio Manager Tony Wang, Placer.ai Head of Analytical Research RJ Hottovy, 1789 Capital Partner Paul Abrahimzadeh, & New Balance President & CEO Joe Preston.

Chapters:

00:00:00 Bloomberg The Close

00:03:08 Rockefeller on GDP, Bonds & the AI-Driven Economy

00:08:42 Market Volatility, Fixed Income & AI Trading

00:14:44 AI Investment, Credit Markets & Electronic Trading

00:16:17 Top Calls

00:17:16 DoorDash-Instacart Deal & the Grocery Delivery Battle

00:22:37 Raymond James CEO on Earnings & Wealth Management

00:28:36 Raymond James on Advisor Growth, AI & Technology

00:30:16 GE HealthCare CEO on Earnings, AI & Medical Imaging

00:35:41 GE HealthCare Strategy, Growth & Capital Allocation

00:40:03 Deutsche Bank on Tech Rotation & the AI Trade

00:45:14 Midterms, Market Positioning & Big Tech Earnings

00:49:48 Amazon & Intel Earnings Hit After the Bell

00:55:06 Amazon AWS, AI Spending & Retail Growth

01:00:20 Amazon Cloud Growth & High AI Expectations

01:04:02 Intel Earnings, Weak Guidance & Supply Constraints

01:10:10 AI Spending, Chip Demand & Tech Earnings

01:16:20 Starbucks Earnings & Brian Niccol's Turnaround

01:21:17 Starbucks Traffic, Loyalty & Store Expansion

01:26:02 AI Financing, SpaceX & Private Market Valuations

01:31:59 Anthropic IPO, Midterms & AI Regulation

01:33:50 New Balance CEO on the NYC Marathon & Consumer

01:36:28 What to Watch

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