let's move into "overtime" with morgan brennan and jon fortt >> see you in a bit. >>> the score cardvertime," i'm jon fortt with morgan brennan. >>> coming up, the earnings report wall street has been waiting for. first republic numbers are due at any moment. we'll bring you those results, instant analysis as soon as they cross. >>> while we wait for those earnings to come through, let's get to today's action. joining us are warren from 314 research and emily hill from

to "overtime" with morgan brennan and jon fortt. >> the action is just getting started.with jon fortt it is one of those afternoons of earnings, busy, busy earnings season day our team of reporters is standing by to bring you the results from microsoft, alphabet, visa, chipotle, and many more. >> that's a lot. and a first on cnb

i'm morgan brennan with jon fortt. we've got a big show coming your way. ceo of company tilray whose stock is down on the back of a revenue miss. >> plus, crowdstrike ceo george kurtz will join us following the government's summit today in washington. >> let's get to our market panel. joining us are adam from vital knowledge and eric from kantor fitzgerald

so is this a good time to invest jon fortt is here to weigh in. >> hey, joe. >> you better tell us.- >> i always do >> okay. >> i always tell you and then i tell you -- well -- >> okay, go on. >> no, joe, this is not a great time to invest you know what looks good right now, cash. you can get just shy of 5% on a certificate of death for 12 months or less a lot of investments right now, a lot like wily e. coyote. let's talk about the equity risk premium. that is the difference between the earnings yield of s&p 500 stocks and the straightup yield of ten-year treasuries about 1.6 percentage points, the lo lowest in more than 15 years the s&p is up 7% so far this year led by megacap tech companies like apple, microsoft, and nvidia, which are all up between 35 and 121%. now, i can't see the future. but it sure looks like the economy is about to take a bad turn the fed expects a recession this year, thanks to the banking crisis, but we still have an unemployment rate at 3.5% and the pricing stocks, gravity is going to take over here. stock prices are coming down in a few months keep some

welcome to "closing bell" overtime i'm jon fortt with morgan brennan.aste of the action this hour when cannabis company tilray reports results >>> we'll talk to moody's chief economist mark zandi ahead of this week's key inflation data >>> now let's get straight to our market panel joining us now are victoria green and vanu

jon fortt talked to ceo gelsinger and joins us now. >> the biggest reason the stock is moving higher this morning is there's a much clearer case to be made that after the current quarter, the worst is behind intel from an inventory and margin standpoint at least let's hear - >> the market is down as we've seen over the last couple of quarters you end up with a bunch of these underugtsization charges because it costs me x to run a factory full and it costs me exactly x to run it empty. with that you have a lot of fixed charges that affect the overall business underutilization degrades margins. the second is the product rants we have coming in the second half of the year, those products are not yet qualified so we can't value the inventory. even as we're building inventories, we're only able to value it in the second half of the year we have pre-prq or prequalification reserves as well those two depress our margins in the first half of the year and we expect those to reverse and improve as we go through the second half of the year. we'll be comfortably in the 40s for margin in the seco

welcome to "closing bell" overtime i'm morgan brennan with jon fortt. of the fed balance sheet we are going to bring you that as soon as it's out. >>> manufacturing in the cloud, we've got an exclusive interview with frank slootman on today's launch of a new cloud product for manufacturers. let's get straight to thy

jon fortt takes a look at that with the country's potential and apple's push there >>> later, actor,with global brand equities we'll hear about the deal anticipate talk to kevin about his many other projects including his vc firm hartbeat ventures we'll be right back. i'm telling you, coach staley, i could really get used to this retirement thing. ahhh! coach k, there's a goat here. the story of my life. no coach, there is a goat here! whaaa! what's this? a thousand dollar hospital bill? but i have good health insurance! gaaaaaap! did you say 'gap'? he's talking about the expenses health insurance doesn't cover. but with aflac, you can get money to help close that gap. aflac, huh? gaaaap! aflac! gaaaap! get help with expenses health insurance doesn't cover at aflac.com power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex trading easier react to fast-moving market

that is the score card on wall street welcome to "closing bell" overtime i'm morgan brennan, jon fortt is off today. coming up this hour, we'll keep you up to speed on all of the developments surrounding donald trump and the just unsealed indictment as the former president makes his way to laguardia airport following hi

meanwhile, the stock up on the news because of that expectation beat and maybe where this is all headed jon forttnd has some of the highlights. >> this is a hard intel quarter to understand. if you arrived in the delorean from 2013 and saw this revenue decline and the eps loss, you would think this is horrible an important truth here is than intel turn around looks a bit more possible today than it did this time yesterday before that report i spoke, as you said, with intel ceo pat gelsinger after the earnings call. intel continues to under ship pc demand by 20%. meaning for every hundred pcs, intel is shipping 80 into the channel to bring inventories in line he said we are about halfway through his turn around effort, gross margins should generally rise from here, though it will be lumpy from the 38.4% we see today back to the low 60s area in 2026 >> yeah, and i think the way that you could think about our margins over time, it should be a fairly steady rise with lumpiness up and down in a picture that is a general gradual rise you know, the long-term model, you know, that we described is getting