Cracks In The Consumer… And The State Of The Semi Trade 5/8/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 8 May 2024
⏱️ 38 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Life in the Nazac Markets are in the heart of New York City's Times Square. |
| 0:04.8 | This is Fast Money. |
| 0:05.8 | Here's what's on tap tonight. |
| 0:07.3 | Tapping the breaks, the host of consumer names taking hits, as companies warn shoppers |
| 0:11.9 | are struggling to buy now and pay later. |
| 0:14.1 | From lighter bookings at Uber to a revenue slowdown to Shopify to the trade down stories |
| 0:18.7 | we are hearing at McDonald's and Starbucks a deep dive into how crunch the consumer really is right now. |
| 0:24.4 | Plus, first roasted and now toasted. |
| 0:27.0 | And no, we're not talking about the Tom Brady special, |
| 0:30.5 | Netflix with a major about-face following its post-ear-earning slide will go inside the rebound straight ahead. |
| 0:35.0 | And later, it's so bad, it's good. The Chartmaster will make his case for why these two health care losers are ready to make the move from dog house to the penthouse. |
| 0:44.7 | I'm Melissa Lee. |
| 0:45.7 | Come with you alive from studio be at the Nasdaq on the death tonight. |
| 0:48.0 | Tim Seymour, Karen Feinerman, Carter Wirth, and Guy Adami. |
| 0:51.6 | We start off with the latest signs of cracks in the consumer. |
| 0:54.0 | Uber posting his biggest stock drop since October 2022 after reporting a surprise |
| 0:59.0 | loss in his latest quarter and saying that ride bookings came in below expectations. |
| 1:03.6 | Shopify also plunging nearly 19% making today its worst day on record, the |
| 1:08.4 | e-commerce company forecasting sales growth for the current quarter that would be its |
| 1:11.9 | slowest in the last two years |
| 1:14.2 | and they weren't the only earnings reports that raised red flags just yesterday |
| 1:18.4 | Disney's CFO saying they are seeing evidence of moderating demand for travel. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.

