Final Trades: ServiceNow, Apollo Global and Intercontinental Exchange

Watch on YouTube ↗  |  January 15, 2026 at 18:26  |  0:47  |  CNBC
Speakers
Malcolm — Investment Committee Member
Jim — Investment Committee Member

Summary

The segment presents final trades from the CNBC Investment Committee. Malcolm favors ServiceNow, saying it is separating from the software herd and has a favorable lag pattern. Jim favors Apollo Global as the leader in private markets and points to a returning bid for alternative managers. The transcript excerpt ends before any discussion of Intercontinental Exchange, which appears in the video title.

  • Final Trades segment features investment committee stock picks.
  • Malcolm selects ServiceNow, citing relative strength versus software peers.
  • Jim selects Apollo Global as a leader in private markets.
  • Jim notes a returning bid for alternative managers after a tough prior year.
  • The video title also lists Intercontinental Exchange, but the transcript excerpt lacks details.
  • Transcript is truncated before the segment concludes.
Ideas
Malcolm Investment Committee Member 0:12
ServiceNow separating from software herd.
Malcolm favors ServiceNow because it is starting to separate itself from the rest of the software herd and shows a favorable lag pattern, so he likes it at current levels.
NOW MED
Jim Investment Committee Member 0:34
Apollo leads privates as bid returns.
Jim favors Apollo Global as the leader in private markets. After a difficult year for alternative managers, he sees a bid returning to the name at the end of last year and continuing this year.
APO HIGH
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This CNBC video, published January 15, 2026, features Malcolm, Jim discussing NOW, APO. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Malcolm, Jim  · Tickers: NOW, APO