A Potential Rate Cut In July… And Circle Soars After Stablecoin Bill 6/20/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 20 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

San Francisco Fed President Mary Daly and Fed Governor Christoper Waller weighing in on the central bank’s next rate move. What they had to say about an interest rate adjustment, and what it will mean for the market this summer. Plus Circle keeps soaring, after the Senate passed its stablecoin bill. What the landmark legislation means for the crypto space. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market site right here in the heart of New York City's Times Square.
0:06.9	This is fast money.
0:08.8	Here's a fun tap tonight.
0:10.2	A surging semi.
0:11.7	Shares of AMD vastly outperforming the rest of the semiconductor stocks this week.
0:17.0	What is behind the move and what does it mean for the current leader, NVIDIA, plus oil's next move.
0:23.6	We're going to break down what is next for the commodity.
0:26.5	As the world watches developments in Iran, Paul Sanky will join us coming up.
0:31.3	Plus, a bidding war in the DIY world.
0:35.3	Circle keeps soaring the new highs.
0:37.4	We are counting down Nike earnings next week.
0:40.8	The options action on Nike straight ahead. I am Brian Sullivan in from Melissa Lee. Happy Friday.
0:48.4	We are live. Studio B at the NASDAQ and on your desk tonight, Karen Feinerman, Steve Grasso, Tim Seymour, and Carter Worth.
0:57.8	Welcome, everybody. Good to see you. Happy Friday. Thanks for being here.
1:00.9	It wasn't my choice. All right, stocks closing out the holiday short and week of the flat line with the Dow.
1:05.9	Managing to eke out a gain of about what? Three-tenths of one b and as to be a nazdak down nobody cares the
1:14.0	s&p though down a little bit today but we're going to focus on the future because what's
1:19.0	happening today so we're coming off a holiday yesterday we're going into a summer weekend you got
1:24.2	a lot of iran stuff hanging over there nobody thought anybody was going to take big positions today, and they did.
1:30.2	There were some movers, the biggest laggards, communication services, materials and health care down.
1:36.1	Communication down about 1.8%. Get more on that. Energy up 1%. Get more on that in a few minutes with Paul Sankey,
1:43.2	consumer staples and financials
	...

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