Fast Money - 02/18/21
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 18 February 2021
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | I'm Alyssa Lee and this is Fast Money. |
| 0:03.6 | Tonight's straighter line of Guy Dami, Brian Kelly, Dan Nathan, Karen Feinerman tonight |
| 0:07.3 | on Fast, Big Tech, a big disappointment this week, far lagging the broader market over |
| 0:11.9 | the past few days. |
| 0:12.9 | So, is the sector sending a big warning signal? |
| 0:15.7 | Plus, a silver screen deal, why an online giant could be looking to expand its physical |
| 0:20.0 | footprint even more and what it could mean for the stock. |
| 0:23.2 | And in a bonus hour or a fast or special report on the new American investor, we are talking |
| 0:27.0 | in space, Bitcoin and EVs with Steve Burns, the CEO of Red Hot Stack, Lordstown Motors. |
| 0:32.4 | That is coming up six PM Eastern time tonight, but we start off with that landmark hearing |
| 0:36.6 | on Capitol Hill to see as a Robin Hood, Melvin Capital, Citadel Securities, and Reddit, |
| 0:42.3 | and the trader known as Roryn Kitty, all front and center. |
| 0:45.2 | Kay, Rudy joins us now with all the details and all the drama, Kate. |
| 0:48.9 | Hey, Melissa, there were some tense moments, but Robin has CEO got by far the most air time. |
| 0:56.5 | Congress really dug for any motives behind Robin Hood halting trades in January. |
| 1:01.4 | Vlad Tenev repeatedly denied that they were in cahoots with hedge funds. |
| 1:07.4 | Robin Hood Securities put the restrictions in place in an effort to meet increased regulatory |
| 1:12.1 | deposit requirements, not to help hedge funds. |
| 1:15.7 | We don't answer to hedge funds. |
| 1:18.3 | We serve the millions of small investors who use our platform every day to invest. |
| 1:25.1 | Robin Hood did apologize to customers calling what happened in January, quote, unacceptable. |
| 1:30.0 | He also defended Robin Hood's business model. |
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