All Eyes on Meta Earnings and the Fed, Plus CME CEO Terry Duffy on the Markets 7/26/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 26 July 2023
⏱️ 45 minutes
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| 0:00.0 | Right now in fast a mega quarter for meta the stock popping after hours on a |
| 0:05.0 | double digit jump and revenue and optimistic guidance will go inside the |
| 0:08.1 | numbers straight ahead plus the fed raises raised to as high as level in 22 |
| 0:12.2 | years and chair Powell says decisions will now be made on a meeting by |
| 0:15.6 | meeting basis the doubt eking out again bringing its winning street to lucky |
| 0:19.0 | 13 and as Netflix reached a break point one of our traders feels like the |
| 0:23.2 | stock is now too hot to handle for his portfolio he will explain why then |
| 0:27.4 | later we're writing the rails union Pacific taking flight with Boeing and |
| 0:31.0 | cracking open the results at coke I'm Melissa Lee this is fast money we're |
| 0:34.2 | live at the Nasdaq Market site on the desk tonight Tim Seymour Sue |
| 0:37.0 | Brasso, Guy Damien with us for the hour Michael Katopoulos from Richard |
| 0:40.5 | Bernstein advisors welcome Michael we start off with Meta's huge revenue |
| 0:44.2 | being the social media giant reporting double digit growth for the first |
| 0:47.0 | time since late 2021 the conference called just getting started CNBC's |
| 0:51.1 | Julie Worson is listening in has all the details Julia well Melissa Meta |
| 0:55.2 | shares up about 5% after beating expectations across the board reporting |
| 0:59.7 | 11% revenue growth that number is key because analysts expected 8% |
| 1:04.3 | revenue growth and last quarter the revenue growth was just 3% now |
| 1:08.2 | furthering this growth story the company guided to better than accelerated |
| 1:12.3 | accelerate better than expected accelerating revenue growth in the third |
| 1:16.8 | quarter I just spoke to CFO Susan Lee who told me that these results |
| 1:20.9 | reflect solid execution across Meta's family of apps also better |
... |
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