Adobe drops & software suffers: buyer’s or seller’s market? 9/15/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 15 September 2022
⏱️ 44 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Right now and fast and after hours warning from FedEx the shipping giant |
| 0:04.7 | blaming slowdowns in Europe, Asian elevated costs around the world for its |
| 0:08.1 | weakness will go inside the numbers straight ahead so that this warning along |
| 0:12.2 | with the course of executive voices on troubles in the economy get the fed |
| 0:15.5 | to take the pedal off the metal next week will debate that plus hold them or |
| 0:19.5 | fold them shares a wind surging on a big upgrade why one firm thinks the |
| 0:22.7 | casino giant is one of the most compelling stories on the strip and later |
| 0:26.6 | Amazon's ready for some football, Disney's plan to step into sports gambling |
| 0:30.4 | and it's Kanye West being a gold digger by falling out of the gap and breaking |
| 0:36.0 | it off of the deed is traded or fade it yay coming up. I'm Melissa Lee this is |
| 0:41.3 | fast money we're live with the Nasdaq Market site a full house on the desk |
| 0:44.7 | and I take a look at this rare occurrence Tim Seymour Karen Feinerman |
| 0:47.8 | Courtney Garcia and Dan Nathan all joining me here at the Nasdaq Market site |
| 0:51.5 | we start off with the ugly earnings warning from FedEx stuck in crush |
| 0:54.8 | shaft hours are Frank Holland is here on set with us with all the details |
| 0:58.6 | Frank. Yeah Melissa early warning here on the earnings and it really hit the |
| 1:02.2 | stock the company issuing that warning saying it's facing a soft macro |
| 1:06.0 | environment when it comes to all of its businesses including its signature |
| 1:09.6 | air delivery business had a miss one revenue and even bigger missing EPS |
| 1:13.3 | obviously that pressure the stock but it's really the forward guidance that EPS |
| 1:17.5 | guidance has hit in this stock take a look at the numbers you can see here you |
| 1:20.4 | don't need to be a mathematician to figure this out FedEx guiding about half |
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