Closing Bell Overtime: Parsing Powell; Former Netflix Exec On The New Bull Thesis After Blowout Earnings 10/19/23

Major averages tumbled again today. Ariel Investments Vice Chairman Charlie Bobrinskoy breaks down the market action as well as earnings from CSX, Intuitive Surgical and Knight-Swift. Investors keyed in to Fed Chair Jay Powell’s speech today in New York; Grant’s Interest Rate Observer Editor Jim Grant on the most important points. Former Netflix and Hulu exec Simon Gallagher on Netflix’s blowout quarter and the new bull thesis for the stock. Freeport-McMoRan CEO Richard Adkerson on the latest earnings, state of the global economy and commodity prices. Navan has partnered with Citi to help cut down on hassle for expense reports; CEO Ariel Cohen joins to talk the deal and what’s next for fintech players.