The major averages are moving between gains and losses as chip stocks tumble – negating an earlier rally sparked by a decline in global oil prices. Kelly Evans and Brian Sullivan sit down with Fundstrat Global Advisors’ Tom Lee to discuss the state of the markets and crypto as we head into the busiest week of earnings season. The anchors are also joined in-person by Mizuho’s David Bellinger to break down why he’s naming Walmart a top pick and Piper Sandler’s Alexander Potter for a check on the U.S. automaker landscape. Later, Digital Realty CEO, Andrew Power, joins the show on-set for a CNBC exclusive interview about his company’s recent stock rally and the ongoing global demand surge for artificial intelligence data centers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tech Earnings Preview, Top Analyst Calls, Digital Realty CEO Interview 7/27/26

Power Lunch

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It is a big week for your money, and it's starting out, though, with a bit of a whimper. Welcome to Power Lunch, everybody. This week, the busiest week for earnings, also a big test for the tech trade. There we go. As four mega-cap companies show off their numbers, we'll tell them how many billions they're spending on AI. Tom Lee is here on that and more. Plus, oil down as the U.S. and Iran pause. More strikes, at least for now. Goldman Sachs' us. Neil Mehta is here with stock picks through all of it.

And the data center REIT that just raised its full-year guidance coming off its best week in nearly four years and partnering with NVIDIA, Amazon, and Alphabet. I should say, digital realty CEO Andrew Power is here exclusively looking forward to that. But let's begin with this big week as more than $10 trillion in market value are set to report earnings. That includes Meta, Microsoft, Apple, and Amazon. Investors aren't just watching the main numbers.

Tech Earnings Preview, Top Analyst Calls, Digital Realty CEO Interview 7/27/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Tech Earnings Preview, Top Analyst Calls, Digital Realty CEO Interview 7/27/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.