Victoria Greene of G Squared Private Wealth and Meghan Shue of Wilmington Trust debate whether the bottom is in. Cyber threats move into focus: Eamon Javers reports on risks facing major banks while former White House CIO Theresa Payton explains how AI is changing the cybersecurity landscape. In tech Pat Walravens of JMP examines the ongoing software slump. Private credit concerns also surface. Mark Malek of Siebert Financial explains why the real risk may be psychological as redemption headlines could trigger further outflows even without immediate solvency issues. Ivy Zelman, executive vice president of research and securities at Zelman, breaks down key real estate trends and what they signal for housing and commercial property.<br><br>Plus, a look ahead to bank earnings and cybersecurity risks with Gerard Cassidy of RBC and the next catalysts set to drive markets.<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Closing Bell Overtime: Stocks Post Best Week in Months As Ceasefire Holds 4/10/26

Closing Bell

# Full Transcript

**Podcast:** Closing Bell

## Transcript

The Bell's bringing an end to this mixed trading day at the NYSE. The mayor of San Francisco ringing the closing bell to celebrate 50 years of options trading in San Francisco. And at the NASDAQ United Athletes Tour, that's former USC star Reggie Bush doing the honors. Welcome to Closing Bell Overtime, everybody, live from Studio B at the NASDAQ Market Site. I'm Leslie Picker, in for Melissa and Mike today.

Stocks mixed on the session on this Friday, the Dow down nearly 300 points. Small loss for the S&P 500, but the NASDAQ extending its winning streak to now eight sessions. It hasn't had a longer winning streak since late 2023 for the major average for the week. The major averages all up 3% or more, nearly 5% for the NASDAQ. Let's get right to Christina Parts Nevelis with more on today's and the week's market action.

Well, the story within tech this week was AI winners over the AI at risk trade. And I mean, AI at risk being software getting hit hard. The IGV down about 7%. IT service names like IBM, CGI, Accenture all under pressure today and just this week as investors really question what AI agents mean for their business models. Palantir, another name, down about 2%, despite President Trump posting that the company has, quote, great war fighting capabilities in a post. Michael Burry, not buying it either. He's the big short investor.

He doubled down on his bearish thesis with long dated puts on the stock, arguing Anthropic is eating into Palantir's enterprise position. On the other side of the trade, chips dominated. Yay for me, because that's my beat. The ceasefire rally pushed memory and storage names like Sandisk, Micron, Western Digital up double digits this week. Nvidia was actually up about 6% on the week, but Intel stole the show, stole the spotlight, climbing 24% after joining Musk's TerraFab and landing a multi-year Google AI deal.

Neither provided any financial commitments, though. Broadcom locked in custom chip supply with Google through 2031. And Corey surged on back-to-back deals with Meta and Anthropic. And last but not least, Optical names, Lumentum and Coherent also extending their run on bullish demand commentary from Lumentum's CEO saying that they're sold out of demand in 2027. And 2028 is looking pretty good. Leslie? All right, Christina, thank you. Happy Friday. Happy Friday.

This week's gains coming as investors continue to monitor the ceasefire with Iran, but also inflation concerns bubbling up after several economic reports showed the delicate state of the U.S. economy as it grapples with those high energy prices. So what should investors do in this current market environment where uncertainty just seems to be the name of the era? Joining us now is Megan Hsu from Wilmington Trust and Victoria Green from G Squared Private Wealth. Both are CNBC contributors.

Megan and Victoria, thank you both for joining us on this Friday afternoon. Victoria, let's start ...

Closing Bell Overtime: Stocks Post Best Week in Months As Ceasefire Holds 4/10/26

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Closing Bell Overtime: Stocks Post Best Week in Months As Ceasefire Holds 4/10/26

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.