Big Tech Takes Center Stage on Capitol Hill and Three Charts to Watch

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 25 March 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The CEOs of Facebook, Alphabet and Twitter face off against Congress on how they’re handling misinformation on their platforms. Former Facebook Chief Security Officer Alex Stamos breaks down the impact. Plus yields are down, the dollar is up and small caps are trying to rebound. But where are these charts heading from here? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	Writing it down in the letter will
0:02.0	I'm a listly this is fast money tonight straighter line of guy dummy Tim Seymour Nadine term and then Brian Kelly tonight on fast
0:08.0	We are monitoring that big tech hearing on Capitol Hill
0:11.0	It is now entering its one millionth hour. Just kidding. It's fifth hour
0:14.0	We'll break in with any big headlines as they cross plus Nike under pressure calls her boycott growing in China
0:19.1	How are traders are navigating this name and later Nadine is gearing up to head to the pictures now
0:24.2	Why she thinks the travel related stock could be the ultimate reopening play but we start off with a rollercoaster ride on Wall Street today
0:31.8	The doubt you're racing a 300 point loss to finish the day with a 200 point gain
0:36.2	The NASDAQ was down as much as a one and a half percent reversing to finish the day slightly higher all three major
0:41.3	Average is in fact finishing the day in the green so pretty remarkable turnarounds today. What'd you make of the action guy?
0:48.8	Well first of all you said put it in the ledger seat
0:51.2	You're not as nearly as woke as I am or BK for that matter if you put it into block chain
0:56.1	Melissa nobody would have to worry about it
0:58.2	I know BK is nodding his head in agreement. That's number one number two
1:01.7	I got to tell you the market looked extraordinarily vulnerable to me this morning given the comments that Tim made yesterday
1:08.0	The fall throw on the downside. I thought today was gonna crater the vixet one point today was north of 23 a close below 20 again
1:15.0	You know, I can't really pinpoint the reason for the reversal
1:17.9	But it was it was extraordinary in my opinion given the backdrop of everything we'd be talking about and oh by the way
1:23.4	I think the comments about the SEC looking into spacks a little more closely
1:27.6	I thought that really was going to derail the broader market. I was as usual RO and G wrong
1:32.5	Yeah, the volatility index came down. We had rates tame Tim. What'd you make of the whole thing?
1:39.2	15% fall in the vix from around 11 o'clock on a two and a half percent rise in the SMH just off of those lows in the morning
	...

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.