9AM HOUR: Stocks' Post-Midterms Rally, AMD CEO "First on CNBC", CVS CEO Exclusive on Breakup Plan 11/4/26
Summary
This episode analyzes the market fallout from the midterms, where Democrats took control of both the House and Senate, impacting defense, data center, and clean energy stocks. The show features an exclusive interview with AMD CEO Lisa Su, who discusses the company's strong Q3 earnings and robust AI demand despite political shifts. Additionally, CVS Health CEO David Joyner explains the strategic rationale behind splitting the company into two separate public entities.
Topics discussed
Fidelity Trader Plus advertisement
Show introduction and host welcome
Preview of AMD and CVS Health segments
Market reaction to midterms and data center risks
Sector impacts: Healthcare and tariff views
Discussion on presidential power and CEO reactions
AMD CEO Lisa Su: Q3 earnings and demand
AMD growth outlook and customer pipeline
AMD CPU adoption and agentic workloads
Supply chain constraints and wafer availability
AMD strategy amid political shifts
AMD competitive position vs. rivals
Impact of election on data center buildouts
AMD TAM forecast and margin outlook
Upcoming segments and sponsor reads
VantageScore and CDW advertisements
Analysis of AMD stock move and market breadth
Fidelity and NPR Machine Gods ads
SpaceX, Tesla, and Musk's midterm impact
Macro view: Tariffs, inflation, and gridlock
Stock-specific winners: Amazon, HCA, Wayfair
Defense stocks and Next Power opportunity
CoreWeave deal and market rally analysis
Consumer stocks: McDonald's, Uber, Booking
CVS Health split announcement and intro
CVS CEO on split rationale and strength
CVS balance sheet and capital allocation
CVS healthcare access and market position
CVS pharmacy turnaround and growth
Leadership changes for split entities
CVS competition with Walmart and Amazon
Valuation expectations for split companies
Wrap-up: Bonds, ADP data, and break
Micron, HP, and Apple supply chain analysis
Legal disclaimer and closing
Listen ad-free on Castria