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CNBC's "Fast Money"

Bull Market of Full of Bull? Making Sense of the Astronomical Climbs in Nvidia and Others 2/12/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 12 February 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Shares of Nvidia briefly overtook Amazon in market cap this morning and are quickly closing in on Alphabet. But is this a real bull market rally, or just a sign FOMO has overtaken traders? Fast Money Disclaimer

Transcript

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0:00.0

Live from the Nazac Market site in the heart of New York City's Times Square, this is

0:04.9

Fast Money. Here's what's on tap tonight. Fomo Fever with names like Invidia are

0:09.6

Meta and Lillian seemingly unstoppable runs. Is there still time to jump on board this rally or

0:15.2

is now the time to take the money and run will debate that plus T-Moo's Super Bowl ad

0:19.8

Blitz the Chinese e-commerce app spending millions to raise awareness and boost business, but will

0:24.7

U.S. lawmakers angered by T-Moo's ties to the Chinese government put a roadblock in front of their

0:30.0

expansion plans.

0:31.6

And later inside the original F-Pangs New Deal in the Energy Patch, thing like Diamondback, the

0:38.2

options action on Robin Hood ahead of earnings and an infrastructure stock posting tech-like returns. Can I keep climbing?

0:44.7

I'm Melissa Lee coming to you live from Studio B at the Nasdaq on the desk tonight.

0:47.9

See Graso, Karen Feiderman, Dan Nathan, and Bono and Eisen.

0:51.3

We start off with this seemingly unstoppable mark at the Dow and

0:54.3

S&P setting another round of intraday records today with the Dow

0:57.4

closing on an all-time high again and even the NASDAQ got in on the

1:00.9

action trading at one point at what would have been a record

1:04.0

close for the first time since November 2021.

1:07.5

All three indices solidly in the green this year, but a couple of individual names have really

1:12.2

caught her eye, everybody's eyes, that is.

1:14.8

Invidia continues its astronomical run at one point today eclipsing Amazon and market cap,

1:19.8

inching toward passing alphabet.

1:21.8

It's added over $ billion dollars in value just this year.

1:25.6

Then there's arm holdings up another 30% today, nearly doubling since reporting earnings

...

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