Closing Bell: Forecasting the End of Summer 8/1/23

On this first day of August – the big question is… what scenario has the near 20% gain in the broad market this year priced in and is it a plausible one? Trivariate’s Adam Parker, New Edge’s Cameron Dawson and Bank of America’s Marci McGregor weigh in. Plus, top chip analyst Stacy Rasgon breaks down what he is expecting from AMD’s report – and what it might mean for the rest of the sector. And, a rundown of what to watch when Pinterest and Starbucks report results after the bell.