S&P 500 Hits Record High as Big Tech Leads

Bloomberg Television4 hours ago1:29:14

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 UBS Alignment Partners Managing Director, Wealth Management Alli McCartney, Wedbush Securities Senior VP, Equity Research Alicia Reese, ZScaler CEO, Chairman, & Founder Jay Chaudhry, BlackRock Head of US Wealth & Retirement Business Jaime Magyera, Kayne Anderson Rudnick Portfolio Manager, Senior Research Analyst Julie Biel, Kearney Grocery & Retail, Americas Lead Katherine Black, Hamilton Lane Co-Head of Real Estate Elizabeth Bell, Union Square Advisors President & Co-Founder Ted Smith, Dimensional Fund Advisors Portfolio Management Deputy Head, North America Joel Schneider, & Churchill Asset Management CEO Ken Kencel. Chapters: 00:00:00 Bloomberg The Close 00:03:17 UBS on Earnings, Yields & the Market Rally 00:06:03 AI Power Demand, Utilities & Midterm Risks 00:08:37 Public vs. Private Markets & Portfolio Strategy 00:11:20 Top Calls 00:12:03 Paramount-Warner Bros. Deal Closes as Skydance Debuts 00:15:20 Streaming Wars, Netflix & the Future of Media 00:16:42 Zscaler CEO on AI, Cybersecurity & Zero Trust 00:19:30 Zscaler’s Growth Strategy & AI Security Risks 00:22:23 BlackRock on Retirement, Private Credit & Guaranteed Income 00:26:10 Women, Wealth Management & the $24 Trillion Opportunity 00:29:01 What High-Net-Worth Women Want From Financial Advisors 00:31:20 AMD Rallies on Surging AI Chip Demand 00:34:01 AI Safety, Chip Stocks & the Semiconductor Boom 00:36:52 Kayne Anderson Rudnick on AI & Market Concentration 00:40:11 Big Tech Earnings, AI Safety & Regulation 00:43:08 Closing Bell 00:46:23 Market Movers: Nvidia, Constellation Energy & Marvell 00:49:06 AI Stocks, Moderna & the Day’s Biggest Decliners 00:52:22 Wall Street Bonuses & Consumer Trends 00:54:13 Market Recap: AI Powers Stocks to New Records 00:56:55 Constellation Brands, Tariffs & Changing Drinking Habits 01:00:12 Consumer Experiences & the Future of Alcohol 01:01:06 Hamilton Lane on Real Estate & 7% Mortgage Rates 01:03:08 Retail Real Estate Rebounds as the “Apocalypse” Ends 01:05:10 Real Estate Secondaries & Private Market Opportunities 01:07:55 M&A Boom, Skydance & the $5 Trillion Deal Market 01:11:17 Private Credit, Banks & Financing the M&A Boom 01:13:02 Anthropic IPO & the AI Deal Pipeline 01:15:06 Dimensional on Anthropic, SpaceX & the IPO Market 01:18:00 AI Concentration & Diversifying Beyond Big Tech 01:20:41 Small Caps, Value Stocks & Global Diversification 01:22:29 Private Credit, Workouts & the Greenwich Economic Forum 01:26:08 Churchill Asset Management on Restructuring & Turnarounds 01:27:02 What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Trading stocks, CFDs, spread betting, futures, and options involves a high level of risk and may not be suitable for all investors. Prices can move rapidly, and losses can occur quickly and exceed your expectations.