Michael Santoli and the Investment Committee discuss the semi sell-off and whether the rally&#x27;s rotation can offset further weakness in the AI trade. Josh Brown highlights his Best Stocks in the Market. Stephanie Link details her latest portfolio move. Oliver Renick joins with Options Action in SpaceX and Tesla.<br><br>Investment Committee Disclosures<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Can the Rally Outrun Semi Weakness? 7/28/26

Halftime Report

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[SPEAKER_10] A key Fed decision with the Fed chairman talking tough on inflation. What will be the Fed's next move? The policy statement and Fed Chairman Walsh's message to investors. Power Lodge, tomorrow, 2 Eastern and streaming on CNBC+. I'm Scott Wapner and you're listening to CNBC's Halftime Report, the podcast, the most profitable hour of the trading day. We record this live weekdays at 12 Eastern. Listen in.

[SPEAKER_07] Welcome to the Halftime Report. I'm Mike Santoli in for Scott Wapner. Front and center this hour, the semi-sell-off. Is it showing signs of easing and can market rotation continue to offset any further weakness in the AI trade? The Investment Committee standing by with what it all means for your money. Joining me for the hour, Joe Terranova, Stephanie Link, Josh Brown will join us shortly as well.

[SPEAKER_07] Thanks for being here for being here for the hour. Let's check the markets. The picture has firmed up quite a bit in the last hour or so. The S&P 500 up about four tenths of one percent. It was actually negative by a similar amount at the lows. The Nasdaq composited a little bit higher. SEMIs, you see them down 3.8 percent.

Can the Rally Outrun Semi Weakness? 7/28/26

Read the full transcript

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

Can the Rally Outrun Semi Weakness? 7/28/26

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.