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CNBC's "Fast Money"

Apple, Amazon Report Results… And Dow Notches Worst Day of 2024 8/1/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 1 August 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Apple and Amazon report results as earnings season continues. What the big tech results will mean for broader market. And speaking of the broader market, stocks plunging across the board as the Dow logs its worst day of the year. How you can navigate the volatility, plus some safe haven picks from the Chartmaster. Fast Money Disclaimer

Transcript

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0:00.0

Live for the Nazak Market site in the heart of New York City's Times Square on a day

0:06.0

when the Dow fell nearly 750 points at its lows and the Nasak shed as much as 3.1 percent. This is fast money. Here's what's on tap tonight. An earnings

0:15.4

palooza from Apple and Amazon to Intel, Snap, and more. We've got some major after

0:19.8

action tonight. We're bringing you all the numbers and all the details from the calls.

0:23.0

Plus a rate route yields on the 10-year Treasury hitting their lowest level since

0:27.4

early February and giving markets a serious case of whiplash. What's next for

0:31.4

investors? We'll look for some answers.

0:33.6

And love for Lily, the pharma Giant finding another potential use for a Zetbound weight loss drug,

0:38.7

helping it to snag an elusive gain in today's session. Will the wins keep coming for the company

0:43.8

and the stock?

0:44.4

We'll debate that.

0:45.4

I'm Melissa Lee, come to you live from Studio B

0:47.2

at the Nasak on the desk tonight.

0:48.8

Karen Feinerman, Dan Nathan, Guyadami, and Carter Worth.

0:51.8

We start off with that huge slate of earnings, big names on the move

0:54.9

in the after-hour training session. We've got team coverage on the results. Julia Borsen standing

0:58.8

by on Snap's massive drop. Pippa Stevens is covering Intel's crushing move lower.

1:03.4

Kate Rooney is digging into Amazon's quarter, shares lower on weak revenue, disappointing

1:06.9

guidance.

1:07.9

But we start off with Steve Kovac, who's got the details and apples beat on the top of

1:11.3

the bottom line.

1:11.9

Steve.

...

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