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CNBC's "Fast Money"

Amazon’s AI & Tesla's Annual Meeting 5/16/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 16 May 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

Brett Winton, Ark Invest chief futurist, discusses Amazon’s A.I. usage, the value of the technology, and why the technology may not benefit all major tech companies. Gene Munster, Deepwater Asset Management managing partner, gives his take on Tesla’s annual shareholder meeting so far and what could be coming off Tesla’s line in the future. CNBC's Phil Labeau also previews Tesla's annual meeting. Fast Money Disclaimer

Transcript

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0:00.0

Right now in fast Elon Musk facing his shareholders the annual meeting is

0:04.8

underway to sock after roaring higher in Q1 now stuck in neutral what can he do

0:09.2

to get things revved up again we'll debate that plus Home Depot's fixed

0:13.1

rubber of a quarter the home improvement giant posting is biggest revenue

0:16.1

miss in over 20 years as do it yourself or shell big ticket items the

0:20.8

retail ripple effects straight ahead and later Japan's big market milestone

0:25.0

Amazon's AI ambitions for shoppers and the government looking to block a big

0:29.4

biotech deal I'm Melissa Lee this is fast money we're live with an

0:32.5

asset market site in the heart of Times Square on the death tonight Tim Seymour

0:35.9

Seagrass so Dan Nathan and Guy Dami and we begin with some signs of

0:40.2

progress from today's White House meeting between President Biden and

0:43.4

congressional leaders on the debt ceiling speaker McCarthy saying after the

0:47.2

meeting that negotiators are so far apart but a deal by the end of the week is

0:51.2

quote possible I guess that's good news or even Java is doing this from

0:55.4

Washington with a very latest Aiman I guess it is good news to Melissa you

0:59.4

know a little bit of optimism here from lawmakers as they came out of that

1:02.7

meeting talk to reporters on the north lawn of the White House suggesting

1:06.2

that there was no deal in the room today as they met with the president of the

1:10.1

United States but there was some progress I want to play for you a sound bite

1:14.3

from speaker McCarthy because he hit on something that I think might be key as

1:18.3

this negotiation enters into its final phase take a listen what has changed in

1:24.3

this meeting is the president changed the scope of who's all negotiating a

...

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