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 Wells Fargo CFO Mike Santomassimo, Golfer Rory McIlroy, Jefferies Equity Research Analyst David Chiaverini, PSP Growth Managing Director, Head of Venture Momei Qu, Applied Materials CEO & President Gary Dickerson, RBC Capital Markets Head of Derivatives Strategy Amy Wu Silverman, Advisors Capital Management Co-Founder & CIO Chuck Lieberman, Brookfield Asset Management CEO Connor Teskey, Blackstone President & COO Jonathan Gray, Vista Equity Partners Founder, Chairman & CEO Robert Smith, & Barclays Senior Equity Analyst Jason Goldberg.
Chapters:
00:00:00 Bloomberg The Close
00:02:37 Wells Fargo CFO on Lending, Credit & the Consumer
00:08:03 M&A, Wells Fargo Growth & Credit Cards
00:13:41 Rory McIlroy on LIV Golf & the Future of the PGA Tour
00:16:07 Top Calls
00:17:18 Big Bank Earnings, Rates & Capital Markets
00:22:21 Anthropic IPO, AI Valuations & Venture Capital
00:26:38 Applied Materials CEO on AI & the Chip Boom
00:32:03 AI Compute Demand & Applied Materials’ Growth Outlook
00:36:02 RBC on Earnings, Bond Yields & Market Volatility
00:41:27 AI Risk, Market Fragility & Hedging Strategies
00:43:04 Closing Bell
00:48:14 Market Movers: Citi, Domino’s & Six Flags
00:54:17 Market Recap: Chips, Oil & Fed Rate Outlook
00:56:21 Bank Earnings, AI & the Health of the Economy
01:01:38 Brookfield & Blackstone on the AI Infrastructure Boom
01:08:06 Vista’s Robert F. Smith on “Software as a Worker”
01:13:06 Enterprise AI, Data Security & Agentic Software
01:18:09 AI Agents, Productivity & the Future of Jobs
01:23:20 Frontier Models, Open-Weight AI & Enterprise Computing
01:25:01 Saudi Aramco Headquarters Hit in Missile Attack
01:27:23 Bank of America Hit With $1.2 Billion Fine
01:30:21 What to Watch
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