Did DataDog Ring the Bell for the AI Trade? And Is There More Trouble Ahead for the Regional Banks? 8/8/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 8 August 2023
⏱️ 45 minutes
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| 0:00.0 | right now on fast data dog the software stock locked in its worst day in |
| 0:05.4 | more than three years after slashing its sales expectations for 2023 did |
| 0:09.1 | that warning just take the air out of the AI bubble and later a big downgrade |
| 0:13.3 | from Moody sending regional banks reeling what's behind the call and is |
| 0:16.1 | there more pain to come to these beaten down names plus weight loss that ends |
| 0:20.2 | up the fortunes of two healthcare stocks is the China sell off an emerging |
| 0:24.1 | concern or an emerging opportunity and Disney on death what options markets are |
| 0:28.0 | expected from that earnings report out tomorrow I'm Melissa Lee this is the |
| 0:31.2 | fast money we're live from Nasak market site on the desk tonight Tim Seymour |
| 0:34.5 | Bono and Ice and Dan Atheon and especially guest trader Chris Verone of |
| 0:37.7 | Stratigus a buried company we start off with the wild ride on Wall Street today |
| 0:41.8 | socks closing well off session lows the Dow is down 466 points at its low but |
| 0:47.0 | finished the day off about 160 points the SAB 500 shedding almost half a |
| 0:50.8 | percent the Nasak down nearly eight tenths of a percent the fear index the |
| 0:54.7 | VIX mirroring the markets moves hitting 18 for the first time since May before |
| 0:58.3 | pulling back some still settling higher closing above the 16 mark but one |
| 1:02.5 | sector of the market stayed under pressure all day and that would be software |
| 1:05.7 | stocks the IGV dropping more than 1.6 percent closing below its 50 day |
| 1:10.6 | moving average for the first time in more than three months one big drag on |
| 1:14.8 | the group data dog the cloud computing company slashing guidance |
| 1:17.4 | shares dropped nearly 20 percent that's its worst day since the start of the |
| 1:21.0 | pandemic so did the news put a Paul or the whole AI trade then you add to |
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