Closing Bell Overtime: CEOs of Chewy And Pure Storage; Tom Lee Makes The Case Why Big Tech Is Still Cheap 5/31/23
The S&P 500 and Nasdaq closed May higher but the Dow fell over 3%. BD8 Capital\u2019s Barbara Doran breaks down the market action and earnings from Salesforce, Crowdstrike, Okta, Nordstrom, Chewy and Pure Storage. Funstrat\u2019s Tom Lee on why Big Tech stocks still aren\u2019t too rich for investors. Chewy and Pure Storage stocks popped after strong quarterly results. Chewy CEO Sumit Singh broke down the company\u2019s recent quarter and its e-commerce strategy. Pure Strategy CEO Charles Giancarlo on AI and its latest quarter. Plus, why Intel was the top performer today.