All Eyes on Amazon and Apple Earnings, And What the Bond Markets Are Telling Investors 8/3/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 3 August 2023
⏱️ 45 minutes
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| 0:00.0 | Right now in fast apple beats the street thanks to its services sales that |
| 0:04.8 | revenue declined for the third straight quarter. It's longest lump since 2016. |
| 0:08.4 | All the details on that quarter coming up plus Amazon popping on a big |
| 0:11.8 | beat sales growing double digits in the company giving optimistic guidance will |
| 0:15.2 | go inside those numbers straight ahead and later bond bed is rates on |
| 0:18.9 | treasury surge noted hedge fund manager Bill Ackman believes the 30 year won't |
| 0:22.9 | stop heading higher until it hits five and a half percent will break down his |
| 0:26.5 | bet and turbulence in the travel trade shares of expedient plunging more |
| 0:30.2 | than 16 percent. Is this another sign that the post pandemic travel boom is |
| 0:34.6 | running out of gas will break that down. I'm Melissa Lee. This is the fast |
| 0:37.8 | money we're live at the Nasak market site on the best night Courtney Garcia |
| 0:41.0 | Karen Feinerman Dan Nathan and Guy Adami. We start off with a huge slate of |
| 0:45.2 | earnings. Apple and Amazon headlining the afterwards action was also done |
| 0:48.2 | results from block coin based draft Kings Airbnb. They are all on the move |
| 0:52.2 | full team coverage on all these names. Deirdre Bosa Kate Rooney and |
| 0:55.5 | Cadecifur are standing by when we start off with Steve Kovac and Apple's big |
| 0:59.2 | quarter Steve. Yeah Melissa it is like you said the third quarter in a row of |
| 1:05.4 | falling sales with revenue still beating estimates but down 1% year and year |
| 1:11.7 | so revenues coming in at 81.8 billion dollars street was looking for 81.6 |
| 1:16.5 | nine billion dollars and the EPS was a bigger beat there $1.26 versus the |
| 1:21.6 | $1.19 expected but iPhone slight miss coming in at 39.67 billion dollars |
| 1:27.9 | just a couple hundred million short of expectations there but of course the |
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