Countdown to Bank Earnings, and Can AI Pick Your Portfolio? 4/13/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 13 April 2023
⏱️ 44 minutes
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| 0:00.0 | Right now in fast the S&B posting is best close in two months ahead of earning |
| 0:05.0 | season which kicks off tomorrow with the big banks. Well the financials keep the |
| 0:08.5 | market surging ahead or grind this rally to a halt. Plus no beef with Netflix |
| 0:13.1 | right now. The stock surging today in climbing over 17% in the past month will |
| 0:17.2 | it be the designated survivor in this streaming landscape? Should you be a |
| 0:21.2 | hoarder of this name and it's a lot of fun. And later from AI helping you with |
| 0:28.0 | your homework to now chat GPT investing your money will hear from the University |
| 0:32.2 | of Florida professor who says AI could be useful for picking stocks. So put it |
| 0:36.9 | to the test. I'm Melissa Lee. This is Vast Money Relived in NASA. I can |
| 0:40.1 | market site on the desk tonight Tim Seymour, Karen Feynman, Dan Nathan and |
| 0:43.4 | Guy Tommy all in the house. We start off with a big countdown to big bank |
| 0:47.5 | earnings. JP Morgan City Wells Fargo kicking things off tomorrow morning with |
| 0:51.6 | Bank of America Goldman Sachs and the regionals all out in the next few days |
| 0:55.0 | investors focus on just how deeply the banking crisis has impacted these |
| 0:59.0 | names. Analysts now looking for earnings for the group to grow about 4% in |
| 1:03.3 | Q1 according to Refinitive. That is down from the nearly 7% growth expected at |
| 1:07.8 | the start of the year. Bank stocks rallying today ahead of the reports |
| 1:11.0 | posting better games than the broader markets. Though they are still near |
| 1:14.1 | their lows of the year. Can tomorrow's results help these stocks pull out of |
| 1:18.2 | this rut. And of course the backdrop massive rally today. In the broader |
| 1:23.8 | market which is incredible. I mean as I say all the time I don't need help |
| 1:26.9 | looking stupid but the market seems to do it for me. Today was one of those |
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