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CNBC's "Fast Money"

A Record Run For Apple and Breaking Down Bitcoin’s Flash Crash

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 7 September 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Shares of Apple hit a new record after the company announced its latest product event for next week. Plus, bitcoin plunged as much as 17% as the rollout of El Salvador’s crypto wallet ran into some snags.

Transcript

Click on a timestamp to play from that location

0:00.0

Live in the Nasdaq Marketside 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 Trader Line up.

0:08.4

Guy Dami, Dan Nathan, Mike Coe, and Tim Seymour will join us in just moments tonight

0:11.8

on Fast, a Bitcoin bloodbath, the cryptocurrency collapsing up and hitting its highest level

0:16.0

since May.

0:17.0

We'll break down what trigger today's coin crash plus Boeing hitting new headwinds, one

0:21.2

of its biggest customers walking away from a major order for the new Max plane.

0:25.2

We're trading the fallout and later a finger-licking freak out.

0:29.4

Oh, a chicken chord, you're just turning up the heat on one big fast food joint.

0:32.8

But we start off with another record run for Apple, shares jumping more than 1.5% after

0:37.6

the company announced its next product event will take place one week from today.

0:42.2

The move, adding $40 billion to Apple's market cap today alone.

0:47.6

So what is your read on Apple's big move, Guy?

0:51.3

I can't wait to the 14th, Mel.

0:54.0

You know I'll be locked into that Apple event as I always have been over the last decade

0:58.2

or so.

0:59.2

We're waiting online and we actually say queuing, queuing up, but that's neither here nor

1:04.4

there.

1:05.4

What do I make of it?

1:06.4

Look, Apple's impervious, Apple's a great company, it's a wonderful stock.

...

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