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CNBC's "Fast Money"

Boeing’s Ripple Effects Tied To 737 Max 9 Groundings. Plus, Evercore ISI Delivers An Earnings Season Warning. 1/8/24

CNBC's "Fast Money"

CNBC

News, Business, Investing

3.91.3K Ratings

🗓️ 8 January 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Boeing stock tumbles after Friday night’s mid-air incident on an Alaska Air jet. “Fast Money” has the latest developments. And, why Evercore ISI thinks the market is particularly vulnerable this earnings season - which kicks off Friday. Fast Money Disclaimer

Transcript

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0:00.0

Live from the Nasac Market site in the heart of New York City's Times Square.

0:05.0

This is Fast Money.

0:06.0

Here's what's on tap tonight.

0:08.0

Grounded. Boeing shares slide after the FAA orders airlines to stop flying all 737 max-9 planes until urgent inspections are

0:15.1

completed. This move follows the Alaska Airlines mid-air emergency Friday night.

0:19.0

We'll have the very latest developments and the ripple effects

0:21.6

straight ahead. Plus shopping spree, investors buying up retail names like Abercrombie, American Eagle, and

0:27.4

Crocs.

0:28.4

Is this a sign the consumer is not done spending just yet?

0:30.9

We'll debate that.

0:32.0

And later, Tiger Woods and Nike are breaking up

0:34.0

NVIDIA setting records yet again and two of our traders are ready to reveal their

0:37.7

acronyms for 2024. One is flexing. The other has zoo animals on his mind.

0:43.6

I'm Melissa Lee coming to you live from studio

0:47.3

if you at the NASDAQ on the desk tonight.

0:49.1

Tim Seymour, Karen Vitamin, Dan Nathan and Guy Adami.

0:52.3

And we begin with Boeing shares the aerospace giant tumbling.

0:55.0

As much as 9% today following the midair incident Friday night on an Alaska air jet,

1:00.0

that emergency led the FAA to grounding 737 max 9 planes until safety inspections of all of them are completed.

1:08.0

Phil Abbe has been following the story since late Friday night.

1:11.0

He's here with all the latest developments here in the ripple effects

1:13.8

across the industry fill.

...

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