Closing Bell Overtime: Breaking Down Powells Comments That Sent Stocks Sliding; One Of Apples Only Sell Ratings On The Street Breaks Down His View On The Tech Giant 1/31/24
Fed Chair Jay Powell today cast doubts on the chances of a rate cut at the March meeting; his words sending stocks sliding. Ariel\u2019s Charlie Bobrinskoy and Jefferies\u2019 David Zervos break down his comments and the market reaction. Rosenblatt analyst Kevin Cassidy and Third Bridge analyst Lucas Keh break down Qualcomm\u2019s strong earnings. Evercore Vice Chairman Krishna Guha gives his take on Powell\u2019s commentary today. Plus, Rockwell Automation CEO Blake Moret on the latest quarter and our Julia Boorstin on what social media executives said today testifying in front of the Senate Judiciary Committee. Plus, one of the few Apple analysts with a sell rating on the stock discusses his outlook for the tech giant.