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CNBC's "Fast Money"

A $4.2 Trillion Day on Deck, and Ford Spikes on Earnings

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 27 October 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Alphabet and Microsoft closed at record highs after their latest earnings report and led the Nasdaq to an intraday record. And all eyes turn now to Apple and Amazon which report tomorrow and could have a huge impact on where markets go from here. Plus, we’ve got our eyes on Ford after its latest results and SoMa Equity Partners’ Gil Simon gives us his best stock pick. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Life in the Nasdaq market site overlooking New York City's Times Square, this is Fast

0:05.4

Money.

0:06.4

I'm Melissa Lee.

0:07.4

Tonight's straighter lineup.

0:08.4

Guaidami, Steve Grasso, Pete Najary, and co-founder Mark Rebellion.com, Tim Seamer will

0:12.0

join us in just moments.

0:13.0

Tonight on Fast, the market's $4.2 trillion test for your less than 24 hours away from

0:18.3

big reports and Apple and Amazon will those earnings, some stocks soaring.

0:21.7

We've got the set-up straight ahead, speaking of cars.

0:24.8

The chart master says it is time to put the brakes on this auto stock, why Carter worth

0:29.0

to seize a bumpy road ahead for this name, and later hedge fund powerhouse, Gil Simon

0:33.2

presenting his best idea right now at this year's Sohn Conference.

0:36.4

He'll join us in moments to break down his top pick.

0:39.2

We start off with an earnings alert on Ford shares are jumping in the after-hour session.

0:43.5

Let's get this straight to fill a boat who's got all the details filled.

0:47.1

Hey, Melissa, not only did Ford beat the street, they smashed the earnings expectations.

0:51.9

Take a look at the chart of Ford shares after it reported earnings the reason for the

0:55.8

pop higher reporting earnings of 51 cents a share.

0:59.0

The street was expecting 27 cents a share.

1:01.7

Forget about the fact that revenue was a smidge under expectations coming in at $32.2

1:06.3

billion.

1:07.3

Nobody's paying attention to that right now.

...

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