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Jul 10, 2020
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. ♪ >>> welcome back i'm melissa lee. this is "power lunch." stocks wiping out early results.he dow turning positive for the month of july up about 300 points netflix hitting an all time high as goldman sachs gives it the higher price target on the street can tech continue to dominate? power player, charles barkley is here as the nba is restarting its season in orlando despite record coronavirus outbreaks in that state "power lunch" starts right now >>> thanks the banks and the energy are out performing today as tech takes a breather the nasdaq still up 5% in two weeks. bob has more on today's market >> we're at the highs for the day. we're close to a bit of a break out. monday's close, which was the high was 31.79 we're five or six points away from that. why would it be significant if we get over that that's highest level since the june highs we had. we're looking for a modest little break it's a good way the close the week out if we can do that banks are out performing haven't heard that in a long time, have you it's not going to reverse the down trend for the banks but it's
. ♪ >>> welcome back i'm melissa lee. this is "power lunch." stocks wiping out early results.he dow turning positive for the month of july up about 300 points netflix hitting an all time high as goldman sachs gives it the higher price target on the street can tech continue to dominate? power player, charles barkley is here as the nba is restarting its season in orlando despite record coronavirus outbreaks in that state "power lunch" starts right now >>>...
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Jul 10, 2020
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we've just been finding a way to keep on pushing. ♪ >>> welcome back i'm melissa lee. "power lunch." stocks wiping out early results. the dow turning positive for the month of july up about 300 points netflix hitting an all time high as goldman sachs gives it the higher price target on the street can tech continue to dominate? power player, charles barkley is here as the nba is restarting its season in orlando despite reco
we've just been finding a way to keep on pushing. ♪ >>> welcome back i'm melissa lee. "power lunch." stocks wiping out early results. the dow turning positive for the month of july up about 300 points netflix hitting an all time high as goldman sachs gives it the higher price target on the street can tech continue to dominate? power player, charles barkley is here as the nba is restarting its season in orlando despite reco
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Jul 10, 2020
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i'm melissa lee. coming up on fast, beyond the banks. we're gearing up for a huge week of earnings. plus, the race to 2 trillion the chart master is breaking down the big battle pebrewing among the tech titans. >>> we start off with the ultimate bet on the reopening trade. disney world in orlando set to welcome guests back tomorrow >> it is a big bet disney is starting off slow with the magic kingdom and animal kingdom, two of its five orlando parks with limited capacity. this is a very big deal for disney to start the staged reopening of disney world after closing both of its domestic parks on march 14th. yesterday it started reopening downtown disney. that's the outdoor mall by its anaheim park it mandated masks and social distancing there this is an important moment for disney parks and resorts which last year was the largest with revenue generating about 35% of revenue in 2019. it's estimated disney lost more than a billion dollars between april and june at those domestic parks because of those closures. the opening of disney world will be a key test of what consumer demand for
i'm melissa lee. coming up on fast, beyond the banks. we're gearing up for a huge week of earnings. plus, the race to 2 trillion the chart master is breaking down the big battle pebrewing among the tech titans. >>> we start off with the ultimate bet on the reopening trade. disney world in orlando set to welcome guests back tomorrow >> it is a big bet disney is starting off slow with the magic kingdom and animal kingdom, two of its five orlando parks with limited capacity. this is...
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Jul 24, 2020
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. >>> i'm melissa lee. tonight on "fast" after big tech's big selloff this week the chart master looking at a few stocks that are flashing real warning signs. what they are and why you might want to get out. plus, home building stocks have been on a tear since march lows. there's one name in the space that's poised for even bigger wins we'll tell you what it is. friday night at 5:00 means only one thing, happy hour. we'll crack open a cold one with a stock that's got a nice buzz going. >>> we'll start off with game called market jeopardy the final market jeopardy answer tonight, the most important event for the markets next week. now, remember, the rule is you have to phrase your response in the form of a question or it might not count. the stakes are high here bk, set the tone. >> i'll set the tone, alex how do i play this game? i just blurt out an answer i say what's the most important thing? >> yes that's how it works. have you not seen "jeopardy. >> what? no i mean, i haven't seen it in a while. i'm mor
. >>> i'm melissa lee. tonight on "fast" after big tech's big selloff this week the chart master looking at a few stocks that are flashing real warning signs. what they are and why you might want to get out. plus, home building stocks have been on a tear since march lows. there's one name in the space that's poised for even bigger wins we'll tell you what it is. friday night at 5:00 means only one thing, happy hour. we'll crack open a cold one with a stock that's got a nice...
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Jul 31, 2020
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. >>> i'm melissa lee. the lineup is steve, brian, carter and tonight on "fast" follow the yellow brick road why there's a golden opportunity for investors in august. wait until you hear what's interested in buying tiktok app. counting down to disney. will this be a fairytale quarter? we'll bring you the trade. >>> we start with apple surging into the close to end the day up more than 10%. that is yet another all-time high and its best day since mid-march. apple gained 14% since monday. the best week since 2006 is apple now the king of the market brian kelly, you're worried today about opening at the highs. here we have great price action. what do you say? >> yeah. so last night and then even this morning i was very concerned that we had these blockbuster earnings from big tech and the market not responding. the standout was apple all day long and so that gave me a little bit of confidence and then you saw just continue to be strong the whole time so let's look at apple. what happened? they had tremendous e
. >>> i'm melissa lee. the lineup is steve, brian, carter and tonight on "fast" follow the yellow brick road why there's a golden opportunity for investors in august. wait until you hear what's interested in buying tiktok app. counting down to disney. will this be a fairytale quarter? we'll bring you the trade. >>> we start with apple surging into the close to end the day up more than 10%. that is yet another all-time high and its best day since mid-march. apple...
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Jul 10, 2020
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. ♪ >>> a bonus hour of "fast money" starts right now i'm melissa lee. jim cramer is off this week.ns about the stocks trading now we want to hear from you tweet us @cnbcfastmoney. coming up, we're headed to vegas, baby as the casey knows make a big bet on reopening and one viewer asks if he should strike while it's hot for this cybersecurity name but first, a quick check how we end the day on wall street tech, standout winner of the nasdaq hitting fresh all-time highs ending the wee
. ♪ >>> a bonus hour of "fast money" starts right now i'm melissa lee. jim cramer is off this week.ns about the stocks trading now we want to hear from you tweet us @cnbcfastmoney. coming up, we're headed to vegas, baby as the casey knows make a big bet on reopening and one viewer asks if he should strike while it's hot for this cybersecurity name but first, a quick check how we end the day on wall street tech, standout winner of the nasdaq hitting fresh all-time highs...
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Jul 14, 2020
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. >>> good morning welcome to "squawk box" here melissa lee is hanging out again with us. becky is off today for some well-deserved vacation we'll see her next week. as joe said yesterday, one of the first down days we've seen in a while a little better s&p up about 13% and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing we'll flip that around to .628 on the 10-year you thinking about refinancing a mortgage anytime soon, guys? >> i'm as low as they go i'm good >> if you have an account where you can use assets for credit line or to make an investment or something like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. it was like 2% or 1.5% when you get money that cheap, don't you think you you are in the driver's seat when rates are this low i don't feel bad about borrowing money at rates like that >> so you are talking about getting a new mortgage getting more cash back and, say, investin
. >>> good morning welcome to "squawk box" here melissa lee is hanging out again with us. becky is off today for some well-deserved vacation we'll see her next week. as joe said yesterday, one of the first down days we've seen in a while a little better s&p up about 13% and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing we'll flip that around to .628 on the 10-year you thinking about refinancing a...
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Jul 28, 2020
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welcome to "squawk box" here andrew ross sorkin and joe kernen with melissa lee. becky is off again more from bill gates and what he has to say and talking about the u.s./china reti
welcome to "squawk box" here andrew ross sorkin and joe kernen with melissa lee. becky is off again more from bill gates and what he has to say and talking about the u.s./china reti
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Jul 28, 2020
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welcome to "squawk box" here andrew ross sorkin and joe kernen with melissa lee. becky is off again more from bill gates and what he has to say and talking about the u.s./china relations. and then in the show's final half hour, joining us for questions. if you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl >> that's actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling at the section. >> what i like best when they move in the opposite direction with pops and drops. >> was that not a fast money >> that is like classic fast money circa 2007 >> classics are the best >> that is peered the way they are moving together. the way of the digital gold story. we've got all of this money printing the depth of the crisis getting down to 4,500? >> i think lower like 3,500. >> i wanted to ask you i don't know where you are i don't want to know what type of lease arrangements have you seen. when are they coming back to work at google >> summer 2021 >> what is it now? su
welcome to "squawk box" here andrew ross sorkin and joe kernen with melissa lee. becky is off again more from bill gates and what he has to say and talking about the u.s./china relations. and then in the show's final half hour, joining us for questions. if you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl >> that's actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling...
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Jul 9, 2020
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melissa lee with the half. >>> welcome. i'm in today for scott wapner. stocks are dropping.egative for the week. the nasdaq lower after hitting a new record high. we'll debate the markets and your money with our investment committee. we got to go straight to these markets. we have tremendous weakness in banks as well as energy. the cyclical trades are not doing well the reopening trade
melissa lee with the half. >>> welcome. i'm in today for scott wapner. stocks are dropping.egative for the week. the nasdaq lower after hitting a new record high. we'll debate the markets and your money with our investment committee. we got to go straight to these markets. we have tremendous weakness in banks as well as energy. the cyclical trades are not doing well the reopening trade
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Jul 7, 2020
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. >>> good morning i'm andrew ross sorkin and along with joe kernen and melissa lee is in the house virtually with us becky is off nice to see you, melissa and this is a first. this is actually a first for joe, and i and becky i think that we've been together every day through this whole cra craziness. we'll start to try to take well deserved vacation time over the summer so becky has the day off so welcome >> it's been a while, mel anything new >> it's been at least eight months >> anything new going on with you? how is life, is it a little busier than before, any change whatsoever we need to know about? >> less sleep, but, i mean -- >> busier. not boozier busier i think all our lives have been boozier. but i'm so happy for you it must be great i told you that all along. it is the greatest thing i don't know if people know what we're talking about, but how old are the babies >> seven months old. >> that is still hard. >> a boy and girl. >> still hard. >> wow >> still tough >> and you are in it deep. all right. but we digress >> yeah, they are upstairs crying >> you look like you're far away
. >>> good morning i'm andrew ross sorkin and along with joe kernen and melissa lee is in the house virtually with us becky is off nice to see you, melissa and this is a first. this is actually a first for joe, and i and becky i think that we've been together every day through this whole cra craziness. we'll start to try to take well deserved vacation time over the summer so becky has the day off so welcome >> it's been a while, mel anything new >> it's been at least eight...
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Jul 17, 2020
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. >>> welcome back i'm melissa lee. this is "power lunch." the in dnasdaq on track to end e week in the red. >>> energy lagging once again today. that sector is down 40% this year every stock in this sector is down more than 20% from highs. we'll dig into some of the most beaten down names and asks if it makes any sense to take a nibble now. power lunch starts now >>> thanks welcome to power lunch broadcasting from a secure and undisclosed location the nasdaq on pace for its first negative week since june let's go to bob for more on the marks. bob. >> choppy trading but very narrow trading range bio tech sb flat energy, oil has been hugging $40 for a month now. we're down today but up overall in the week. banks are down but up on the week and had a pretty good week. amazon down about 8% this week one of the worst week it's had in a long time all the damage in netflix has opinion today. the problem is when you have megagabe kaplerture ecagabe kacm players. that's a head and shoulders, folks round trip the same situation with netflix, really ne
. >>> welcome back i'm melissa lee. this is "power lunch." the in dnasdaq on track to end e week in the red. >>> energy lagging once again today. that sector is down 40% this year every stock in this sector is down more than 20% from highs. we'll dig into some of the most beaten down names and asks if it makes any sense to take a nibble now. power lunch starts now >>> thanks welcome to power lunch broadcasting from a secure and undisclosed location the...
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Jul 13, 2020
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>>> welcome back i'm melissa lee. tyler will join us in a moment we're near the session highs the dow up more than 500 points. the nasdaq hitting a record high again as big tech koptss to power this market higher speaking of being on the fast track, tesla is on fire. shares jumping again today another electric vehicle company about to hit the market. "power lunch" starts right now >> hi, everybody hello, melissa it's great to be with you, sort of, here back in the kitchen the s&p at its highest level in about a months time. you have amazon, you have apple, you've got alphabet. aaa right there. facebook and netflix as earning season kicks off this week the big banks starting tomorrow. let's get to bob for more. >> a little bit of a milestone just about 40 minutes or so ago. we turned positive for the year on the s&p 500 i know it's hard to believe we started the year on the s&p about 3231 we're a bit below that we did hit it about 40 minutes ago. we positive for the year the low for the year, 2191 that was on march 23r
>>> welcome back i'm melissa lee. tyler will join us in a moment we're near the session highs the dow up more than 500 points. the nasdaq hitting a record high again as big tech koptss to power this market higher speaking of being on the fast track, tesla is on fire. shares jumping again today another electric vehicle company about to hit the market. "power lunch" starts right now >> hi, everybody hello, melissa it's great to be with you, sort of, here back in the...
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i'm andrew ross sorkin with joe and melissa lee is hanging out with us once again it's nice to see you becky is off today. >> i'm back. great to be back. >> back in the stacks -- >> with the books. >> yes, yeah >> the library stacks are nice i wanted to show everybody where things are headed on this monday morning. is it always up? i guess maybe it opens it feels like that i was told not to invoke his name when i mentioned him the other week he says everything goes up and it all seemed so crazy dow about 160 points nasdaq looking to open about 69 points higher in the s&p 500 looking to open about 16 points higher treasury yields right now, let's do it. let's show you the ten year note as we speak you're looking right now at the ten year at .636. melissa has news happening overnight. >> news out of china overnight beijing announcing sanctions and a spokesperson and the move comes after a top member of china's ruling communist party and three other officials over human rights a b abuses. bo we'll ask senator rubio about this when he joins us live at 8:00 a.m. eastern time on squawk box.
i'm andrew ross sorkin with joe and melissa lee is hanging out with us once again it's nice to see you becky is off today. >> i'm back. great to be back. >> back in the stacks -- >> with the books. >> yes, yeah >> the library stacks are nice i wanted to show everybody where things are headed on this monday morning. is it always up? i guess maybe it opens it feels like that i was told not to invoke his name when i mentioned him the other week he says everything goes...
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Jul 9, 2020
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melissa lee with the half. >>> welcome. i'm in today for scott wapner. stocks are dropping. now negative for the week. the nasdaq lower after hitting a new record high. we'll debate the markets and your money with our investment committee. we got to go straight to these markets. we have tremendous weakness in banks as well as energy. the cyclical trades are not doing well the reopening trade is failing us today, pete >> yeah, when we react to those. every day we seem to react to something different. it's shocking just how much and that's why we have such a volatile market we're in now it's kind of covered upa bit o that it's something that has stood out for a while now. i know the theme was everybody said justice of the peace morgan under 100, that's when you have to buy it. it's been under a 100 for a while. they've had opportunity after opportunity and the financials don't seem to be able to get up and move and sort of break out to the upside. that's been a hangover along with some of the industrials obviously, tech has been the leadership role. that's been pulling the mar
melissa lee with the half. >>> welcome. i'm in today for scott wapner. stocks are dropping. now negative for the week. the nasdaq lower after hitting a new record high. we'll debate the markets and your money with our investment committee. we got to go straight to these markets. we have tremendous weakness in banks as well as energy. the cyclical trades are not doing well the reopening trade is failing us today, pete >> yeah, when we react to those. every day we seem to react to...
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Jul 7, 2020
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. >>> good morning i'm andrew ross sorkin and along with joe kernen and melissa lee is in the house virtuallyh us becky is off nice to see you, melissa and this is a first. this is actually a first for joe, and i and becky i think that we've been together every day through this whole cra craziness. we'll start to try to take well deserved vacation time over the summer so becky has the day off so welcome >> it's been a while,
. >>> good morning i'm andrew ross sorkin and along with joe kernen and melissa lee is in the house virtuallyh us becky is off nice to see you, melissa and this is a first. this is actually a first for joe, and i and becky i think that we've been together every day through this whole cra craziness. we'll start to try to take well deserved vacation time over the summer so becky has the day off so welcome >> it's been a while,
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Jul 13, 2020
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i'm andrew ross sorkin with joe and melissa lee is hanging out with us once again it's nice to see you
i'm andrew ross sorkin with joe and melissa lee is hanging out with us once again it's nice to see you
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Jul 1, 2020
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i am dominick chu in for melissa lee. we have guy adami, steve seymour and karen finerman joining us. coming up on the show, new quarter, new strategy. what you should be doing with your money as we kick off the second half of 2020. plus, tesla zooming to a new all time high, but has this stock come too far too fast? later on, beyond meat sizzling on some very big news out of china. we'll bring you all the juicy non-meat details coming up. >>> we start first with technology on a tear as we kick off the second half of the year. the nasdaq composite hitting a new record high in today's trading led by gains in the fang names. facebook, amazon, netflix, al a alphab alphabet, all higher can we expect more highs ahead we'll turn to you first, guy does this resonate with you right now, this notion that it's the mega cap tech stocks that continue to be the leadership in the kind of market we have today? >> you know what resonates with me i hear your voice, tom, but i'm looking at engelbert humperdink. >> after hours, guy, this is
i am dominick chu in for melissa lee. we have guy adami, steve seymour and karen finerman joining us. coming up on the show, new quarter, new strategy. what you should be doing with your money as we kick off the second half of 2020. plus, tesla zooming to a new all time high, but has this stock come too far too fast? later on, beyond meat sizzling on some very big news out of china. we'll bring you all the juicy non-meat details coming up. >>> we start first with technology on a tear...
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Jul 13, 2020
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. >>> welcome back i'm melissa lee.yler will join us in a moment we're near the session highs the dow up more than 500 points. the nasdaq hitting a record high again as big tech koptss to power this market higher speaking of being on the fast track, tesla is on fire. shares jumping again today another electric vehicle company about to hit the market. "power lunch" starts right now
. >>> welcome back i'm melissa lee.yler will join us in a moment we're near the session highs the dow up more than 500 points. the nasdaq hitting a record high again as big tech koptss to power this market higher speaking of being on the fast track, tesla is on fire. shares jumping again today another electric vehicle company about to hit the market. "power lunch" starts right now
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Jul 17, 2020
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. >>> welcome back i'm melissa lee. this is "power lunch." the in dnasdaq on track to end e week in the red. >>> energy lagging once again today. that sector is down 40% this year every stock in this sector is down more than 20% from highs. we'll dig into some of the most beaten down names and asks if it makes any sense to take
. >>> welcome back i'm melissa lee. this is "power lunch." the in dnasdaq on track to end e week in the red. >>> energy lagging once again today. that sector is down 40% this year every stock in this sector is down more than 20% from highs. we'll dig into some of the most beaten down names and asks if it makes any sense to take
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. ♪ >>> a bonus hour of "fast money" starts right now i'm melissa lee. jim cramer is off this week.e're answering the questions about the stocks trading now we want to hear from you tweet us @cnbcfastmoney. coming up, we're headed to vegas, baby as the casey knows make a big bet on reopening and one viewer asks if he should strike while it's hot for this cybersecurity name but first, a quick check how we end the day on wall street tech, standout winner of the nasdaq hitting fresh all-time highs ending the week with a 4% gain tackling your questions on the rally ahead. the trader radar, what are you buying and selling today, josh >> melissa let's start with what is popular on robin hood according to robin track. that the spartan energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. as for spartan energy, let's dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldn't be surprised if this happens then let'
. ♪ >>> a bonus hour of "fast money" starts right now i'm melissa lee. jim cramer is off this week.e're answering the questions about the stocks trading now we want to hear from you tweet us @cnbcfastmoney. coming up, we're headed to vegas, baby as the casey knows make a big bet on reopening and one viewer asks if he should strike while it's hot for this cybersecurity name but first, a quick check how we end the day on wall street tech, standout winner of the nasdaq hitting...
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Jul 14, 2020
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i'm melissa lee. guy adami, carter worth, dan nathan send us your questions and we will try and answer them on air live plus, we're fast tracking the data to get a look at where the recovery may really be heading what this chart could be telling us about what is in store. we're awaiting comments from the president expected to speak at the rose garden shortly. we'll bring you his statements live we saw a notable underperformance of large cap technology and outperformance of value. guy, what did you make of the action today >> so i know you remember everything, so you may recall yesterday's show every once in a while something sticks with you, like an onion or something like that, yesterday there was something said on the show that resonated with me. we were talking about the vix. he correctly said just because you have an elevated vix, it's not any deby definition a negate thing for the market today illustrated that exactly i'm shocked by today's performance. the reversals we saw yesterday should have
i'm melissa lee. guy adami, carter worth, dan nathan send us your questions and we will try and answer them on air live plus, we're fast tracking the data to get a look at where the recovery may really be heading what this chart could be telling us about what is in store. we're awaiting comments from the president expected to speak at the rose garden shortly. we'll bring you his statements live we saw a notable underperformance of large cap technology and outperformance of value. guy, what did...
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Jul 28, 2020
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. >>> i'm melissa lee. tonight's trader lineup, tonight on "fast" stocks slide into the close. the nasdaq finishing session lows as big tech ceos gear up for a grilling what is at stake plus, capitol concerns, why one top wall street strategist is calling the trillion dollar stimulus plan the biggest risk to this rally. later, we are taking your questions. tweet us @cnbcfastmoney. we start off with earnings aler alerts full team coverage tracking the moves. deirdre bosa is standing by. first to josh lipton with more on amd's quarter josh >> reporter: i caught up with rbc's mitch steeves, an amd bull he calls this a monster beat and raise, nothing negative in the print. mitch says that he can see full raise to 32% growth, up from 25% growth. gross margins also expected to expand that's due to the continued strength in server chips mitch saying amd clearly gaining share on intel just talking more about the report and the guidance. calling for about $2.55 billion, better than expected, closer to $2.3 billion they expect '22 revenue to grow 32%. they call out strength in pc gaming
. >>> i'm melissa lee. tonight's trader lineup, tonight on "fast" stocks slide into the close. the nasdaq finishing session lows as big tech ceos gear up for a grilling what is at stake plus, capitol concerns, why one top wall street strategist is calling the trillion dollar stimulus plan the biggest risk to this rally. later, we are taking your questions. tweet us @cnbcfastmoney. we start off with earnings aler alerts full team coverage tracking the moves. deirdre bosa is...
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Jul 15, 2020
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>>> welcome back i'm melissa lee and this is "power lunch." the market giving up most of its early morning rally but the moderna with higher vaccine results. well off the highs of the day as trading revenue surges we'll have much more on that story and on the banks in general. >>> plus, as i mentioned, moderna shares jumping as its coronavirus vaccines produced neutralizing antibodies in all 45 trial patients. one analyst just gave it the highest price target on the street he will join us. "power lunch" starts right now >>> welcome, everybody great to be with you the federal reserve has released its beige book for a closer look at the economic recovery we'll have more on that as we dig through the headlines. we want to get it to you fast, we want to get it to you right we want to go to bob for a check on the markets >> hello there, tyler. we are sort of right in the middle of our 40-point trading range in the s&p 500 we've been stalling out at the 32, 33 level that's where we started the year that's where the june recent highs were we're havin
>>> welcome back i'm melissa lee and this is "power lunch." the market giving up most of its early morning rally but the moderna with higher vaccine results. well off the highs of the day as trading revenue surges we'll have much more on that story and on the banks in general. >>> plus, as i mentioned, moderna shares jumping as its coronavirus vaccines produced neutralizing antibodies in all 45 trial patients. one analyst just gave it the highest price target on the...
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i'll join melissa lee on "power lunch" after this quick break. >>> welcome back, everybody.in us for "power lunch." stocks are under pressure right now. with the nasdaq leading the declines, down about a percent as more americans file for jobless claims than expected that has weighed just bit on investor sentiment this day. >>> retail sales coming in above kp expectations but a top analyst says there's more ahead. >>> later, a massive twitter hack still a lot of unanswered questions about what happened and could there be a bigger cyber attack campaign ahead? >>> "power lunch" starts right now. >> welcome, again. thank you, tyler morgan stanley jumping on strong trading revenue helping to lead the financial sector
i'll join melissa lee on "power lunch" after this quick break. >>> welcome back, everybody.in us for "power lunch." stocks are under pressure right now. with the nasdaq leading the declines, down about a percent as more americans file for jobless claims than expected that has weighed just bit on investor sentiment this day. >>> retail sales coming in above kp expectations but a top analyst says there's more ahead. >>> later, a massive twitter hack...
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i'm melissa lee with guy adami, tim seymour, karen finerman and steve grasso a new wrench in the trade relationship between the u.s. and china. later, the high profile attack on twitter now the subject of a probe. >>> plus dr. fauci sitting down with a live interview with mark zuckerberg as we speak we'll bring you headlines from the event as we have them. and a fast pitch from karen. why she says this stock has a couple of lottery tickets that just might pay off big time. >>> we start with an earnings load on netflix, moving sharply lower in the after-hours session down by more than 10%. >> netflix plummeting after it reported a miss on the bottom line in fact, its biggest earnings miss in 16 years netflix also giving far lower than expected guidance for the third quarter subscriber editions, forecasting the edition of 2.5 million new subscribers in the third quarter, less than half the number analysts anticipated. as expected, growth is slowing as consumers get through the initial shock of covid and social restrictions. now the chief content officer has been appointed co-ceo and is j
i'm melissa lee with guy adami, tim seymour, karen finerman and steve grasso a new wrench in the trade relationship between the u.s. and china. later, the high profile attack on twitter now the subject of a probe. >>> plus dr. fauci sitting down with a live interview with mark zuckerberg as we speak we'll bring you headlines from the event as we have them. and a fast pitch from karen. why she says this stock has a couple of lottery tickets that just might pay off big time. >>>...
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i'm melissa lee. tim seymour, karen finerman, tim kelly and bonawyn eisen. plus, if you're looking for safety is gold still your best option and there were a couple bright spots in this thursday selloff >>> we start off with a major reversal in the market the dow dropping more than a percent with apple contributing more than 100 points to this loss there was tesla. after its broad earnings report, shares were up as much as 6% but end of the day down by 5 it seems like the momentum trade, the big cap tech trade got unwound a little bit today. >> yeah. is this another one of those rotation moments we had one in mid may and one in mid june maybe we have one here in late july if you think about the move in big cap tech, apple is down about 5.5% against the s&p in the last ten days. across the board you've seen this essentially across the tech space. if you look at small cap stocks, the iwm, the etf that tracks the russell 2000 it actually eked out a small gain today banks are up 4.5% in the last ten days this isn't just a one-day move sometimes these days seem l
i'm melissa lee. tim seymour, karen finerman, tim kelly and bonawyn eisen. plus, if you're looking for safety is gold still your best option and there were a couple bright spots in this thursday selloff >>> we start off with a major reversal in the market the dow dropping more than a percent with apple contributing more than 100 points to this loss there was tesla. after its broad earnings report, shares were up as much as 6% but end of the day down by 5 it seems like the momentum...
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. >>> welcome back i'm melissa lee and this is "power lunch." the market giving up most of its early morning rally but the moderna with higher vaccine results. well off the highs of the day as trading revenue surges we'll have much more on that story and on the banks in general. >>> plus, as i mentioned, moderna shares jumping as its coronaviru
. >>> welcome back i'm melissa lee and this is "power lunch." the market giving up most of its early morning rally but the moderna with higher vaccine results. well off the highs of the day as trading revenue surges we'll have much more on that story and on the banks in general. >>> plus, as i mentioned, moderna shares jumping as its coronaviru
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i'm andrew ross sorkin along with joe kernen, of course melissa lee. becky is off today take a look at u.s. equity futures. we have a slew of earnings coming out we'll see which way this moves the dow is moving up 87 points higher, nasdaq up 33 points. s&p 500 up about 8.5 points. we should just mention at&t just reporting its earnings adjusted quarterly profit of 83 cents coming in four cents above estimates with revenue essentially in line with wall street forecasts a programming note at&t ceo john stankey will be on at 9:45 a.m. in a cnbc exclusive interview. we're looking forward to hearing from him on these numbers as well joe. >>> thanks, andrew let's go to phil lebeau with american airlines quarterly numbers. >> reporter: slightly wider than expected for american airlines it's $7.82 that comes out to $3.4 billion revenue a little better than expected, $1.6 billion the estimate was for revenue of 1.44 billion we have three or four data points i want to run through liquidity at the end of the second quarter, $16.2 billion. that includes a treasury
i'm andrew ross sorkin along with joe kernen, of course melissa lee. becky is off today take a look at u.s. equity futures. we have a slew of earnings coming out we'll see which way this moves the dow is moving up 87 points higher, nasdaq up 33 points. s&p 500 up about 8.5 points. we should just mention at&t just reporting its earnings adjusted quarterly profit of 83 cents coming in four cents above estimates with revenue essentially in line with wall street forecasts a programming note...
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you're watching live with region us and melissa lee. that has a nice ring to it, doesn't it, regis?uld be 42 as well, but here it is meandering around 35. why? >> because i don't know. you got to tell me. >> they're going to need some help from faizer to keep holding this thing up. >> pfizer? >> that's another one. >> pfizer's going to make a move. i'm so sick and tired of hearing about what a great pharmaceutical is, when is the stock going to move? >> i thought i could take your advice for the summer. we're trying to get some young blood in at green light, some young minds, and i was wondering if you've want to come intern for the summer >> exactly what i've got, some young blood. but i've love to join are you yore david. i'm not kidding you. put that jacket on. >> regis philbin, you are an honor -- trader, you have won that fancy jacket. >> if i put the jacket on will i know what do with lis. >> he's officially "fast money." >> you will wear that tomorrow. >> that's his acronym. >> i love it. i really do. >> we, of course, remember him for micron and molly cork and, of course, be
you're watching live with region us and melissa lee. that has a nice ring to it, doesn't it, regis?uld be 42 as well, but here it is meandering around 35. why? >> because i don't know. you got to tell me. >> they're going to need some help from faizer to keep holding this thing up. >> pfizer? >> that's another one. >> pfizer's going to make a move. i'm so sick and tired of hearing about what a great pharmaceutical is, when is the stock going to move? >> i...
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i'm andrew ross sorkin along with joe kernen and melissa lee. is off today take a look at u.s. equity futures after a big green day. looks like we're going to have another one. nasdaq 86 points higher, dow up 224 points and s&p up 22 points. breaking news in the past few minutes. melissa had it coke results are out company reporting a quarterly profit of 42 cents per share beating estimates by 2 cents revenue in line. want to get over to sara eisen who spoke to the company's ceo and joins us with the highlights sara >> reporter: good morning, andrew just to put some perspective on the numbers you just read. the 7.22 billion in sales was a 28% drop we went back to records at least since 1990 coke has never seen a revenue drop like that the earnings drop down 32% organic revenues which is a key metric, down more than 20% 26%. clearly the market had the expectations low and analysts were pretty much ballpark correct in expecting it as the share price is higher. what drove the quarter i just talked to ceo james quincey. two key factors and they're r
i'm andrew ross sorkin along with joe kernen and melissa lee. is off today take a look at u.s. equity futures after a big green day. looks like we're going to have another one. nasdaq 86 points higher, dow up 224 points and s&p up 22 points. breaking news in the past few minutes. melissa had it coke results are out company reporting a quarterly profit of 42 cents per share beating estimates by 2 cents revenue in line. want to get over to sara eisen who spoke to the company's ceo and joins...
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Jul 29, 2020
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i'm melissa lee. guy adami, tim seymour and bono and icen and tonight no pain no gain that is the message from mike wilson, where he sees stocks headed on august plus boeing hitting new headwinds we heard from the ceo when he expects air travel to return to normal and we're all over the action, qualcomm and pay poll reporting results, how we are paying the earnings moves big day on capitol hill. let's take a live look where the facebooks of facebook, apple, amazon, alphabet testifying before the house anti-trust subcommittee let's get straight to kayla with the details. >> reporter: four hours in and a third round of questioning underway as republicans challenge apple, amazon, facebook and alphabet on political censorship and democrats take aim at the size and power the companies have amassed. here is david cicilini >> our founders would not bow before a king, nor should we bow before the emperors of the online economy >> reporter: these four horsemen of the technology industry responded in kind sayin
i'm melissa lee. guy adami, tim seymour and bono and icen and tonight no pain no gain that is the message from mike wilson, where he sees stocks headed on august plus boeing hitting new headwinds we heard from the ceo when he expects air travel to return to normal and we're all over the action, qualcomm and pay poll reporting results, how we are paying the earnings moves big day on capitol hill. let's take a live look where the facebooks of facebook, apple, amazon, alphabet testifying before...
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and welcome back to "squawk box" here on cnbc i'm joe kernen along with andrew ross sorkin and melissa leey is off u.s. equity futures indicating off strong about 88 points or so on the dow s&p up 15. then treasury yields, sets us up we have it all today, melissa. we have moderna, tesla shorts. >> you can get it, too >> twitter time line oh you have to ignore it for a little bit. >> i vacillate. >> you're not sure >> not clear at all. >> here's the news here's the news. >> the company kicking off the first phase 3. numbering 30,000 people. moderna ceo joining us last hour on "squawk box." >> we think we should be evolving we've been four, six, atd weeks to get everybody recruited that is going to be a question of infection rates all of the infection we are seeing in the u.s. and this actually should be helping in the vaccine development because it's an event phase 3. >> moderna says it's received $472 million in u.s. government assistance for development of the vaccine candidate. the ceo says the company could start seeing data in october or november joe? >> gop is suspected to unveil a $1
and welcome back to "squawk box" here on cnbc i'm joe kernen along with andrew ross sorkin and melissa leey is off u.s. equity futures indicating off strong about 88 points or so on the dow s&p up 15. then treasury yields, sets us up we have it all today, melissa. we have moderna, tesla shorts. >> you can get it, too >> twitter time line oh you have to ignore it for a little bit. >> i vacillate. >> you're not sure >> not clear at all. >> here's...
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i'm andrew ross sorkin along with joe kernen and melissa lee who is back with us.ecky is off take a look at u.s. equity futures at this hour we do have some green arrows on the nasdaq side up about 50 points joe, we were talking about betting. maybe that's what's happening there. dow, though, looking like it will open off 82 points. s&p 500 down about five points and maybe some of this coming off of the news that you got, joe. >> yeah. the news i have is i got about 150 twitter things about how to he bet on baseball so, everybody is willing to offer me, i don't know the hyperdermic needle to get me addicted but i never got more of a response with an offhand comment. i'm excited. because it's not that bad. there's no spread. let me get to this news. we'll talk about this later. breaking news on the deterioration in u.s.-china relation china confirming the u.s. ordered it to close its houston consulate. the state department said to close it in order to protect america's intellectual property. the u.s. will not tolerate china's violations of our sovereignty or intimid
i'm andrew ross sorkin along with joe kernen and melissa lee who is back with us.ecky is off take a look at u.s. equity futures at this hour we do have some green arrows on the nasdaq side up about 50 points joe, we were talking about betting. maybe that's what's happening there. dow, though, looking like it will open off 82 points. s&p 500 down about five points and maybe some of this coming off of the news that you got, joe. >> yeah. the news i have is i got about 150 twitter things...
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i'm melissa lee. tim seymour, karen finerman, tim kelly and bonawyn eisen. if you're looking for safety is gold still your best option and there were a couple bright spots in this thursday selloff >>> we start off with a major reversal in the market the dow dropping more than a percent with apple contributing more than 100 points to this
i'm melissa lee. tim seymour, karen finerman, tim kelly and bonawyn eisen. if you're looking for safety is gold still your best option and there were a couple bright spots in this thursday selloff >>> we start off with a major reversal in the market the dow dropping more than a percent with apple contributing more than 100 points to this
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i'm melissa lee with guy adami, tim seymour, karen finerman and steve grasso a new wrench in the tradeen the u.s. and china. later, the high profile attack on twitter now the subject of a probe. >>> plus dr. fauci sitting down with a live interview with mark zuckerberg as we speak we'll bring you headlines from the event as we have them. and a fast pitch from karen. why she says this k
i'm melissa lee with guy adami, tim seymour, karen finerman and steve grasso a new wrench in the tradeen the u.s. and china. later, the high profile attack on twitter now the subject of a probe. >>> plus dr. fauci sitting down with a live interview with mark zuckerberg as we speak we'll bring you headlines from the event as we have them. and a fast pitch from karen. why she says this k
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. >>> i'm melissa lee.fter big tech's big selloff this week the chart master looking at a few stocks that are flashing real warning signs. what they are and why you might want to get out. plus, home building stocks have been on a tear since march lows. there's one name in the space that's poised for even bigger wins we'll tell you what it is. friday night at 5:00 means only one thing, happy hour. we'll crack open a cold one with a stock that's got a nic
. >>> i'm melissa lee.fter big tech's big selloff this week the chart master looking at a few stocks that are flashing real warning signs. what they are and why you might want to get out. plus, home building stocks have been on a tear since march lows. there's one name in the space that's poised for even bigger wins we'll tell you what it is. friday night at 5:00 means only one thing, happy hour. we'll crack open a cold one with a stock that's got a nic
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. >>> i'm melissa lee.brian, carter and tonight on "fast" follow the yellow brick road why there's a golden opportunity for investors in august. wait until you hear what's interested in buying tiktok app. counting down to disney. will this be a fairytale quarter? we'll bring you the trade. >>> we start with apple surging into the close to end the day up more than 10%. that is yet another all-time high and its best day since pld-march.
. >>> i'm melissa lee.brian, carter and tonight on "fast" follow the yellow brick road why there's a golden opportunity for investors in august. wait until you hear what's interested in buying tiktok app. counting down to disney. will this be a fairytale quarter? we'll bring you the trade. >>> we start with apple surging into the close to end the day up more than 10%. that is yet another all-time high and its best day since pld-march.
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matter what i think you'll get a chance to buy it later you'll never have a better student than melissa lee >> guy, what do you say? >> see, i would push back and say you must have been an impossible student in high school one of those kids knowing all the answers constantly raising your hand for every single question you know, the annoying student that i would stay as far away from as possible my sense, i don't know, maybe what is his name, mr. suchman, maybe he can clear that up on another tweet or another video >> do you have advice? do you have advice for my earth-science teacher? >> yeah, i'll give you the advice you want to hear. when elon musk at $700 in may said the stock was too expensive, that selloff lasted a day. the stock has doubled since then it's impervious to bad news. they're flying with some sort of air cover. so stay with the name. >> i loved earth science next tweet comes from another room raider, guy, this one is for you. >> what is the color in this room, do you know? linda is here. she might know the color it's a lovely blue >> it is a blue. >> it is a blue. look, sh
matter what i think you'll get a chance to buy it later you'll never have a better student than melissa lee >> guy, what do you say? >> see, i would push back and say you must have been an impossible student in high school one of those kids knowing all the answers constantly raising your hand for every single question you know, the annoying student that i would stay as far away from as possible my sense, i don't know, maybe what is his name, mr. suchman, maybe he can clear that up...
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i'm melissa lee.er worth, dan nathan send us your questions and we will try and answer them on air live plus, we're fast tracking the data to get a look at where the recovery may really be heading what this chart could be telling us about what is in store. we're awaiting comments from the president expected to speak at the rose garden shortly. we'll bring you his statements
i'm melissa lee.er worth, dan nathan send us your questions and we will try and answer them on air live plus, we're fast tracking the data to get a look at where the recovery may really be heading what this chart could be telling us about what is in store. we're awaiting comments from the president expected to speak at the rose garden shortly. we'll bring you his statements
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. >>> i'm melissa lee. tonight's trader lineup, tonight on "fast" stocks slide into the close. the nasdaq finishing session lows as big tech ceos gear up for a grilling what is at stake plus, capitol concerns, why one top wall street strategist is calling the trillion dollar stimulus plan the biggest risk to this rally. later, we are taking your questions. tweet us @cnbcfastmoney. we start off with earnings aler alerts full team coverage trackin
. >>> i'm melissa lee. tonight's trader lineup, tonight on "fast" stocks slide into the close. the nasdaq finishing session lows as big tech ceos gear up for a grilling what is at stake plus, capitol concerns, why one top wall street strategist is calling the trillion dollar stimulus plan the biggest risk to this rally. later, we are taking your questions. tweet us @cnbcfastmoney. we start off with earnings aler alerts full team coverage trackin
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i'm melissa lee. guy adami, tim seymour with us we'll break down where the market is headed from here plus, attention walmart shoppers, the nation's biggest retailer reportedly ready for prime time the big headline that sent stocks soaring today and we're answering your stock questions. tweet us at cnbc fast money and get your answer on the air. >>> facebook's execs meeting with civil rights groups today to address the growing boycott >> the organizers of stop hate for profit calling the meeting a disappointment saying that mark zuckerberg and cheryl sandberg are not ready to address the hate on that platform and did not respond to demands of dozens of its largest advertisers the ncaa color of change, anti-defamation league and free press saying mark zuckerberg did not offer any tangible plans on how facebook will address the rampant discrimination and violent conspiracies on their platform >> the meeting that we just left was a disappointment facebook has had our demands in multiple ways and they sho
i'm melissa lee. guy adami, tim seymour with us we'll break down where the market is headed from here plus, attention walmart shoppers, the nation's biggest retailer reportedly ready for prime time the big headline that sent stocks soaring today and we're answering your stock questions. tweet us at cnbc fast money and get your answer on the air. >>> facebook's execs meeting with civil rights groups today to address the growing boycott >> the organizers of stop hate for profit...
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i'm melissa lee. adami, tim seymour with us we'll break down where the market is headed from here plus, attention walmart shoppers, the nation's biggest retailer reportedly ready for prime time the big headline that sent stocks soaring today and we're answering your stock questions. tweet us at cnbc fast money and get your answer on the air.
i'm melissa lee. adami, tim seymour with us we'll break down where the market is headed from here plus, attention walmart shoppers, the nation's biggest retailer reportedly ready for prime time the big headline that sent stocks soaring today and we're answering your stock questions. tweet us at cnbc fast money and get your answer on the air.
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i'm melissa lee. jim cramer is off this week.e tackling trading questions drilling down on the hottest stocks tweet us yoush questir question you see our panel tonight. nikola putting an end to a five-daty tumble what is next for the red hot name first, how we ended the day on wall street. stocks hitting back with the nasdaq posting an all-time high. it is up 17% this year the winners in the nasdaq 100, biogen docusign. let's get to josh lipton who is tracking the trades. josh >> so melissa, a few stocks that retail buyers were big on today. let's run through them nio, vbi, nikola and alibaba vbi vaccines is higher worth mentioning, jim cramer talks about what he calls super speculative names, classic lotto stocks is how jim puts it and does include this name one that didn't fair as well, an online fashion decembstination. two others rising would be clean energy fuels and the eng lir come p - english company. blue city made the public debut. the owner is described as the biggest gay dating app surging higher and nikola consistent
i'm melissa lee. jim cramer is off this week.e tackling trading questions drilling down on the hottest stocks tweet us yoush questir question you see our panel tonight. nikola putting an end to a five-daty tumble what is next for the red hot name first, how we ended the day on wall street. stocks hitting back with the nasdaq posting an all-time high. it is up 17% this year the winners in the nasdaq 100, biogen docusign. let's get to josh lipton who is tracking the trades. josh >> so...
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i am dominick chu in for melissa lee.e seymour and karen finerman joining us. coming up on the show, new quarter, new strategy. what you should be doing with your money as we kick off the second half of 2020. plus, tesla zooming to a new all time high, but has this stock come too far too fast? later on, beyond meat sizzling on some very big news out of china. we'll bring you all the juic
i am dominick chu in for melissa lee.e seymour and karen finerman joining us. coming up on the show, new quarter, new strategy. what you should be doing with your money as we kick off the second half of 2020. plus, tesla zooming to a new all time high, but has this stock come too far too fast? later on, beyond meat sizzling on some very big news out of china. we'll bring you all the juic
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i'm melissa lee. coming up on fast, beyond the banks. we're gearing up for a huge week of earnings.to 2 trillion the chart master is breaking down the big battle pebrewing among the tech titans. >>> we start off with the ultimate bet on the reopening trade. disney world in orlando set to welcom
i'm melissa lee. coming up on fast, beyond the banks. we're gearing up for a huge week of earnings.to 2 trillion the chart master is breaking down the big battle pebrewing among the tech titans. >>> we start off with the ultimate bet on the reopening trade. disney world in orlando set to welcom
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i'm melissa lee. guy adami, tim seymour and bono and icen and tonight no pain no gain that is the message from mike wilson, where he sees stocks headed on august plus boeing hitting new headwinds we heard from the ceo when he expects air travel to return to normal and we're all over the action, qualcomm and pay poll reporting results, how we are paying the earnings moves big day on capitol hill. let's take a live look where the facebooks of facebook, apple, amazon, alphabet testifying
i'm melissa lee. guy adami, tim seymour and bono and icen and tonight no pain no gain that is the message from mike wilson, where he sees stocks headed on august plus boeing hitting new headwinds we heard from the ceo when he expects air travel to return to normal and we're all over the action, qualcomm and pay poll reporting results, how we are paying the earnings moves big day on capitol hill. let's take a live look where the facebooks of facebook, apple, amazon, alphabet testifying
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melissa mcdonald. what would you think harper lee would say about your book? >> um, that is a fine question. i try above all else to be honest, so i'll be honest. i don't think she would like it -- rather i think she would like the first gird then she would have scolded me for thinking her story was worth reading and probably have been a little upset about anyone who tried to pry into their private life which is ultimate lay lot of what i'm doing in her section. and i think that should would have admired -- it's a serious and historical book and doesn't take for grant the tway that histories acts on our lives today and i think she would have liked that and he was pretty fussy about fantastics and nonfiction and the difference between the two and chapter of misbook nat along about her discontent but in cold blood and objections to the choices capote made and the way he structured his back and represent what you do know with certainty or not and she would have admired by attempt to get to the bottom of it all including her life to not repeat rumor to not rely on gossip to be as skype louse als
melissa mcdonald. what would you think harper lee would say about your book? >> um, that is a fine question. i try above all else to be honest, so i'll be honest. i don't think she would like it -- rather i think she would like the first gird then she would have scolded me for thinking her story was worth reading and probably have been a little upset about anyone who tried to pry into their private life which is ultimate lay lot of what i'm doing in her section. and i think that should...