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CNBC's "Fast Money"

Fast Money 05/08/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 8 May 2018

⏱️ 45 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

Fast money starts right now.

0:02.5

Live in the Nasac market site overlooking New York City's Times Square.

0:05.5

I'm Melissa Lear.

0:06.5

Traders on the desk are Tim Seymour, Brian Kelly, Steve Grasso, and Guy Adami.

0:09.9

Tonight on Fast, Wall Street is running toward Bitcoin and the floodgates of institutional

0:14.6

investors could be about to open.

0:16.4

The crypto baller himself, Brian Kelly, will break that doubt.

0:19.2

Plus Disney out with earnings moments ago, the stock is volatile after hours as a conference call with

0:23.7

CEO Bob Eiger is underway.

0:25.6

This as a mouse house squares off against Comcast, our parent company, in the Battle for Fox.

0:31.0

Jim Stewart, the man who wrote the book on Disney, literally, will be here

0:34.2

to tell us what it all means.

0:35.9

And we start right there with Disney.

0:37.5

Our own Julia Borsen spoke with CEO Bob Eiger moments ago at Disney's headquarters.

0:41.8

Julia.

0:43.0

Well, Melissa, it was much better than expected, both top and bottom line results at Disney's

0:48.2

two biggest divisions.

0:49.5

That's the theme parks as well as the movie studio that drove the company's upside surprise in terms

0:54.0

of earnings and revenue in this quarter but perhaps most surprising considering all

0:58.5

the focus on the Media Networks Division which is Disney's biggest division that has been suffering

1:05.3

that has been suffering from both cord cutting and advertising declines,

1:08.4

was that that division reported better than expected both earnings and revenue as cord cutting numbers start to slow.

...

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