4.3 • 1.2K Ratings
🗓️ 31 July 2025
⏱️ 44 minutes
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0:00.0 | Live in the NASAC markets, I'm in the heart of New York City's Times Square. |
0:05.5 | This is fast money. |
0:06.5 | Here's what's on tap tonight. |
0:07.8 | Another earnings paloosa, Apple, Amazon, Coinbase, and more, all out with results in just the last hour. |
0:13.1 | We are dialed into the calls, bringing you all the action. |
0:16.1 | And Diamond on the record, the CEO of JPMorgan sitting down with our Leslie Picker to talk markets, the economy trade, and more. We've got all the headlines from that exclusive interview. Plus, pharma stocks taking a hit after the president calls for lower drug prices, a buzzkill for Budweiser, as customers pass on the pints. And Figma flies, the newest stock on the block more than tripling in its first day on the market. What's it say about the |
0:37.6 | appetite for IPOs? We will debate that. I'm Melissa Lee. Come to you live from Studio Bia at the NASDAQ tonight. Tim Seymour, Karen Feinerman, Bono and Ison, and Steve Grasso. And we start off with another monster night of earnings. Two more members of the MagS7, Coinbase, Roku, and Reddit all on the move. Tenaa McKeel is watching Coinbase. McKenzie Segalos is digging in on Amazon's |
0:38.0 | numbers, but we start off with Steve Kovac,, and Reddit all on the move. Tenaa McKeel is watching Coinbase. Mackenzie Segalos is digging in on Amazon's numbers. |
0:56.5 | But we start off with Steve Kovac, who's got all the details on Apple rising, although off the best sessions, best levels of the session, I should say, after it posted its best revenue growth in nearly four years. Steve, what's the latest? Yeah, this is just a killer quarter here, Mel, for Apple, just beating expectations by a long shot here. |
1:15.5 | EPS was to be $1.57 compared to $1.43 revenue, $94 billion. |
1:20.7 | That's 10% growth. |
1:22.2 | And like you said, best growth since the December 2020, one quarter when we're in the middle of the pandemic and everyone |
1:28.2 | is out there buying a bunch of Apple products. iPhone revenue is up more than 13% to 44.58 billion. |
1:34.8 | Also smashing expectations and services just humming along here, continuing to grow like crazy. |
1:40.3 | $27.42 billion. Street was looking for $26.8 billion. And looking for 26.8 billion. |
1:44.7 | And China, it is growing again. |
1:46.3 | Return to growth up 4% to $15.37 billion. |
1:50.5 | I chatted with CEO Tim Cook about all of these results. |
1:53.7 | And specifically on China, he told me part of what contributed to that was the government |
1:59.2 | subsidies that helps for the lower end iPhones, |
2:02.7 | giving some credit towards those. Plus, there's that JD.com shopping holiday that offered some |
2:07.9 | discounts. Also talked to Cook about the tariff impact and that idea of pull forward demand |
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