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Transcripts For CNBC Power 20240703

High, thanks to more ai optimism. Microsoft kicks off a big event, unveiling new ai pc. Well talk more about that. Any kind of advance in ai is going to be good for those chip stocks. Analysts are getting even more bullish on nvidia. Up 91 so far this year. Lets begin with that existential question about dow 40k. Michael santoli is over at the New York Stock Exchange. Reporter indexes making record highs are generally a feature of a strong, underlying trend. Trends tend to persist. Its not necessarily the case when we get to a big number, all of a sudden you have have to start raising the alarms. The dow does hit one of these round number thresholds, although who knows if the several size is big enough. To me, what matters is all the inputs that you would look for are also generally also in a positive state. Earnings are high, and also forecasts going higher. Credit conditions extremely strong, and it seems as if the mark ....

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