Apple’s Rally Keeps Running… And Trump’s Crypto Plans 12/12/24

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 12 December 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Another record close for Apple as the tech titan’s rally continues. The driving factors behind those gains, as the company’s market cap nears the $4 trillion mark. Plus Make Crypto Great Again? President-Elect Donald Trump weighing in on the crypto space as Bitcoin hovers near $100K. The future of crypto under Trump, and why the founder of the world’s first institutional Bitcoin fund says the rally is just getting started. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Lives in the NASAC market site in the heart of New York City's Times Square.
0:05.7	This is Fast Money.
0:06.7	Here's what's on top tonight.
0:08.2	Unstoppable Apple.
0:09.7	Shares just keep going up despite lackluster iPhone sales, less than seller reviews for its
0:14.1	AI offering and continuing concerns about China.
0:17.0	What is behind this record run?
0:18.5	And what does it say about the market we are in?
0:20.7	Plus, Trump's crypto boasts the president's elect telling Kramer this morning he wants the
0:25.6	U.S. to be the leader in the digital currency space, how his administration's embrace will impact
0:29.6	Bitcoin and beyond.
0:31.6	And later, breaking down service tightens big first day as a public company, digging in the details
0:36.6	of Costco's earnings and
0:37.8	giddy up by horse racing could be ready to rebound after decades on the decline.
0:42.6	I'm Melissa Lee coming to you live from Studio B at the NASDAQ on the desk tonight.
0:45.6	Karen Feinerman, Dan Nathan, and Guy Dami.
0:49.0	Is it?
0:49.8	What happened?
0:50.3	Yeah, yeah.
0:50.9	Yeah, pressure's on.
0:52.0	We start off with the latest record close for Apple.
1:00.1	Shares of the iPhone maker now up more than 10% in just the last month and a whopping 51% from April lows.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.