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CNBC's "Fast Money"

Fast Money 07/08/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 8 July 2020

⏱️ 93 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 Stars, so right now I'm a list of Lee tonight's trader lineup, Guy Adami, Tim Seymour,

0:06.1

Dan Nathan, and Karen Finerman coming up on Fast, going for gold.

0:09.8

Hedge Fund legend Mike Novogratz is with us why he says the Bullion Breakout is just

0:14.2

getting started. He will tell us how he's playing it. Plus trouble in the charts. One top technician

0:18.9

says beware of this sector why he thinks it could bring a quick halt to this market rally and later

0:24.4

pack your bags we are taking a road trip we'll tell you what sent shares of Avis

0:28.5

into overdrive today but we start off with Twitter taking flight the stock

0:32.4

surging more than 7% today and a big rumor

0:34.8

about the company's future plans.

0:36.8

Let's get straight to Julia Borsen.

0:38.2

Scott the details, Julia.

0:41.3

Melissa, those Twitter shares soaring on a rumor that the company is looking to build a subscription service.

0:47.0

That rumor was sparked by a job listing that mentioned a subscription platform.

0:51.0

Now, a source close to the situation tells me that a subscription

0:53.9

platform.

0:54.7

service is one of many revenue generating options

0:58.0

that Twitter is considering, but that no announcement

1:01.0

in that area is imminent.

1:02.6

Now CEO Jack Dorsey has said he's kicked around the idea of creating a subscription tier,

1:07.2

and Twitter management has talked about building new revenue streams.

1:10.9

The focus on new ways Twitter could make money comes as

1:14.4

Tik-Toc opens up a self-service ad platform so we can target small businesses

...

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