Back and Better Than Ever? And What Intel’s Plunge Says for the Chip Sector
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 22 October 2021
⏱️ 67 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Live from the Nasdaq Marketside overlooking New York City's Times Square. |
| 0:03.1 | This is Bass Money. |
| 0:04.3 | I'm Alyssa Lee. |
| 0:05.3 | Tonight's Trader Line up. |
| 0:06.3 | Steve Brasso, Jeff Mills, Nadine Termin, and Victoria Fernandez, Chief Market Strategist |
| 0:10.2 | at Cross-Mart Global Investments. |
| 0:11.8 | Tonight, on-fast, Intel, on-the-outs, chair-seeing their biggest drops since July of last year. |
| 0:17.2 | But where is the stock and the rest of the semi-sector going from here? |
| 0:21.0 | The truckmasters joining us to lay it all out in steely-eyed gains. |
| 0:24.8 | Cleveland Cliffs soaring nearly 13% after earnings. |
| 0:28.2 | So what's next for the steel producer and what's in mean for the rest of the pack? |
| 0:31.8 | Plus getting grilled. |
| 0:32.8 | The headlines that sent beyond meat shares plunging today by one of our traders is making |
| 0:36.7 | a bet that there's even more indigestion to come. |
| 0:39.7 | But we start off with a great consumer comeback, shares of American Express soaring more |
| 0:43.7 | than 5% after its earnings report this morning, the stock posting its biggest gains since |
| 0:48.3 | last November, setting an all-time closing high today. |
| 0:52.4 | The company's saying card member spending had a record in the quarter nearly $8,500 on |
| 0:57.0 | average. |
| 0:58.0 | So is this a sign that the American consumer is back and better than ever? |
| 1:04.0 | Jeff Mills, what do you say? |
| 1:07.4 | I think they've been back for a while. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.

