A Big Night For Big Tech, and We Count Down to the Jobs Report 2/1/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 1 February 2024
⏱️ 44 minutes
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| 0:00.0 | Live from the Nasak Market site in the heart of New York City's Times Square. |
| 0:04.4 | This is fast money. Here's what's on tap tonight. |
| 0:07.0 | Meta's monster breakout, the stock rocketing hires a huge buyback in its first ever dividend will go inside the numbers |
| 0:14.5 | plus Apple's China challenge the tech giant's revenue growing for the first time in a year |
| 0:18.8 | but a slowdown in China raising eyebrows for investors were live in Cupertino and later Peloton |
| 0:24.2 | hits the skids and touches its lowest close since going public. Gold shines as |
| 0:28.2 | the mining stocks catch a bit and an activist gets crafty on Etsy stock. I'm Melissa Lee coming to you live from |
| 0:33.8 | Studio B at the Nasak on the desk tonight. Tim Seymour, Karen |
| 0:36.7 | Piederman, Dan Nathan, and Guy Adami. But we start off with a huge slate of big |
| 0:40.9 | tech earnings more than five trillion dollars in market cap |
| 0:43.8 | reporting in just the last hour |
| 0:45.6 | Kate Rooney is standing by on Amazon Steve Kovak is digging into Apple's |
| 0:49.2 | numbers but we start off with Julia Borstin who's diving deeper into Meta's quarter. |
| 0:53.4 | Julia. |
| 0:54.4 | Yeah, Melissa, Meta's shares are soaring after the company beat expectations across the |
| 0:59.2 | board and reported its first ever dividend. |
| 1:02.3 | We see shares are now up 14.5%. It's going to be |
| 1:05.2 | paying a dividend of 50 cents a quarter in addition to increasing its share buyback. |
| 1:10.4 | Now the company is accelerating revenue growth to 25% and it has |
| 1:14.8 | continued user growth even adding 2 million users in the saturated US and |
| 1:19.2 | Canada market guiding to first quarter revenue and arrange ahead of expectations. |
| 1:24.0 | Also saying that Reels is now contributing to net revenue across Meta's apps. |
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