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CNBC's "Fast Money"

Big Pharma Breakout… And A Billionaire Boycott On Netflix 10/1/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 1 October 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Pharma stocks breaking out, as President Trump inks a drug pricing deal. What it means for the group, and how the broader health care sector is breathing a sigh of relief. Plus Elon Musk and some bingeing backlash. Why the billionaire is calling for customers to cancel their subscriptions for the streaming giant, and the show creator causing the drama. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Live in the Nax Market site in the heart of New York City's Times Square, this is fast money.

0:06.5

Here's what's on tap tonight.

0:07.8

Strong prognosis.

0:09.4

Pharma surging for a second straight day following the president's drug pricing deal.

0:13.3

Is this the kickstart the stalled sector has needed?

0:15.9

We'll debate that.

0:16.7

Plus, a binging backlash why Elon Musk is joining the call to cancel Netflix, the impact on the

0:22.4

stock and the story behind the cancel culture drama. And later, Intel's latest lifeline giving shares

0:28.2

a lift, how Nike's results are leaving other shoemakers in the dust and why one firm is ready to hang up

0:33.8

on AT&T. I'm Melissa Lee. Come to you live from studio at the NASDAQ on The Death Tonight. Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Adami. Well, the S&B 500 closing at an all-time high once again, crossing above the 6,700 level for the first time ever. The NASAC and Dow also closing in on positive territory today. More on the markets coming up, but first we've got to get It's a big day two of the big pharma breakout, biogen surging more than 10% today. More on the markets coming up. But first, we've got to get to day two of the big

0:55.1

pharma breakout. Biogen surging more than 10% today. Eli Lilly, Merck, Moderna, Pfizer, also building

1:01.3

on yesterday's big gains. These bullish moves coming after President Trump announced a drug

1:05.5

pricing deal with Pfizer yesterday, and there's speculation that there's more to come. The S&P

1:09.9

health care UTF has been underperforming the broader market this year, but could new deals help

1:14.3

pump life into a trade that's been barely showing a pulse? Karen, you actually made a trade

1:20.0

based on yesterday's game. Yes, the PPH, which was the VanEx Big Cap Pharma. You know,

1:25.5

it's been interesting. This space has been under pressure for so long.

1:29.8

And, you know, the multiples, while they were cheap up here, they just kept getting cheaper and cheaper and cheaper.

1:34.6

We know Tim and my Pfizer.

1:35.9

My Pfizer.

1:36.3

My Pfizer now.

1:39.1

We are all Pfizer's now.

...

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