An Epic Fail For Apple and Peloton’s Big Week

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 13 September 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple erasing $85b in market cap today after a judge ruled the company can no longer force developers to use in-app purchasing. Shares of Alphabet fell in sympathy. What the decision means for the state of tech service providers. Plus, shares of Peloton kicked into high gear this week, posting their best week of the year. How the traders are playing the name.

Transcript

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0:00.0	Yes, it does lie from the NASDAQ.
0:03.4	This is Fast Money.
0:04.4	I am Brian in for Melissa again tonight, and your all-star lineup includes...
0:09.1	Guy Adam, Tim Seymour, Karen Fineman, and Dan Nathan.
0:12.7	Tonight on Fast, we are all over the After Hours action and shares of Oracle, earnings
0:17.3	just out.
0:18.3	The company call, just getting started, will bring you all the news and the trade on a stock
0:23.2	some say is the forgotten giant, a big tech.
0:26.5	Plus, is the entire market about to flip on its head?
0:30.2	Be a base to be to Supermanian says it is.
0:32.7	She'll tell you why and what to buy now.
0:35.3	And later, speaking of buying, buy your Christmas gifts now.
0:39.9	We'll tell you what just happened Nike.
0:42.2	It could be a big warning for the rest of retail.
0:45.1	You, Gearshopper, have been warned.
0:47.9	All right, welcome. We are going to get to all of that on this big hour.
0:51.2	But we have to start with a big game for big oil.
0:54.6	Crude Oil, back above 70 bucks.
0:56.3	It's a barrel, it's demand rises, production stays flat, and the US dollar gains.
1:01.6	This pushed a big day for the OIH, oil services ETF, jumping almost 5% for its best day in
1:07.6	nearly three weeks.
1:09.2	Some beaten up stocks going along for the ride.
	...

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