Zscaler shares tanked today after the company reported its quarterly results yesterday. The stock saw it's worst day since 2019. CEO Jay Chaudhry joined CNBC Overtime exclusively to discuss. "I think the market reacted to the fact that the first half growth was smaller than the second half growth," Chaudhry said.
CNBC Overtime
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Overtime keeps score of your money, the markets and the economy, with insights to get you ahead of the game.
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The sharpest analysis of markets and companies from experts who know the data. Closing Bell: Overtime with Jon Fortt and Morgan Brennan airs at 4pm ET on CNBC.
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C3 AI shares fell after the company posted Q1 results, despite a beat on the bottom. CEO Tom Siebel joined CNBC Overtime in an exclusive interview. "It was a solid quarter across the board...there's nothing not to like about it," Siebel said.
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The bumpy start to September continued today. The Dow closed higher but the Nasdaq and S&P 500 closed lower. Phil Camporeale, J.P. Morgan Asset Management portfolio manager, and Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, joined the show to discuss the current state of the market and how to position your portfolio.
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It was a rough start to September. The major averages posted their worst day since August 5th. The Nasdaq was the biggest laggard, down more than three percent today. Meanwhile, the Nasdaq 100 had its worst day since July. All of this comes as the market awaits for the August jobs report, which will be released this Friday. Could the report shift the narrative? Nick Colas, co-founder of DataTrek Research breaks down the market's expectations.
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Zscaler shares fell in the after hours session despite a beat on both lines in its fourth quarter results. Investors focused on the full year guidance which came in lighter than Wall Street expectations. Evercore Equity Analyst Peter Levine joined CNBC Overtime with his first take on the numbers.
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Weak manufacturing data sent stocks sharply lower. The Nasdaq shed 3.5%. “We don’t think people should invest for the short term, we think long term, value stocks are cheap, but I have to admit the next week or so is going to be bumpy,” said Ariel Investments Vice Chairman Charles Bobrinskoy. "This market is much more sensitive to downside growth risks than they are to upside inflation ones," added Adam Crisafulli of Vital Knowledge.
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The Fed is widely expected to cut rates next month, so where are property investors placing their bets? Blackstone Global Co-Head of Real Estate Kathleen McCarthy Baldwin, who runs the world’s largest real estate portfolio by assets, joined CNBC Overtime to discuss.
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The Dow closed at a record, and stocks mostly higher on the final trading day of a volatile month. Adrianne Yamaki, CFP® from Strategic Wealth Capital and Bob Elliott from Unlimited Funds joined CNBC Overtime with their outlook for the market.
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CNBC Overtime reposted this
CNBC Anchor + Fortt Knox Host + On the Other Hand + Time Out + The Black Experience in America: The Course
I speak with Abridge CEO Dr. Shivdev Rao about the company's AI-powered clinical documentation deal with Kaiser Permanente.
Shiv Rao, Abridge CEO: A Fortt Knox Update
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Jon Fortt spoke with Pure Storage CEO Charles Giancarlo about the company's fiscal second quarter earnings results and guidance, enterprise demand and the cost of storage.