Apple Exits the $2T Club, and Tesla Skids Into 2023 1/3/22

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 3 January 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple shares dropped nearly 4% to kick off the new year, closing with a market cap of less than $2 trillion for the first time since March 2021. But now that the breakdown is in, can shares rebound from here? Plus Tesla seeing its worst day since September 2020 after missing delivery estimates for the latest quarter. When will this stock be a buy again?

Transcript

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0:00.0	And right now on the first fast money of the new year, Apple getting off to a rotten
0:05.7	star dragging the major averages down with it.
0:08.2	But could it actually be good news for the macro market that Apple is struggling with
0:13.1	what's playing.
0:14.1	Plus, New Year same struggle for Tesla.
0:17.4	The stock stalling again, now trading below 110 a share, what the stock couldn't happen.
0:22.4	Just about a month.
0:23.4	Is it time to give Tesla a second?
0:25.9	Look, later on, rolling the dice on Casino's stocks, they peat into FinTech and some big
0:30.9	oil players saying they're ready to spend some money.
0:34.3	State side, hello everybody, I am Brian Sullivan, in tonight, formalistly, good to have
0:38.8	you on.
0:39.8	All right, this is fast money.
0:40.8	It's always live for the Nasdaq market site on your desk tonight, Tim Seymour, Karen
0:45.9	Feynman, Dan Nathan, and Guy Adami.
0:48.7	Welcome everybody.
0:49.7	Happy New Year.
0:50.7	Happy New Year.
0:51.7	Good to see you.
0:52.7	Glad to see you again.
0:56.5	Let's start tonight with Apple.
0:58.8	That's a golf clap there, all right?
	...

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