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CNBC's "Fast Money"

Fast Money 07/10/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 10 July 2020

⏱️ 70 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. I'm Melissa Lee, tonight's trader

0:04.0

up, guy Dami, Tim Seymour, Dan Nathan, and Bono, and Ice and coming up on Fast

0:08.0

Beyond the Banks we were gearing up for a huge week of earnings. We'll lay out the

0:11.4

key names that need to be on your radar.

0:13.2

Plus the race to 2 trillion. The Chartmaster is breaking down the big battle brewing

0:18.1

among the Tech Titan. And later in a bonus hour of Fast Money, we're taking your

0:22.1

questions so tweet us at

0:23.5

C. M. We will tackle them on air, but we start off with the ultimate bet on the

0:28.2

reopening trade. Disney World in Orlando's had to welcome guests back

0:31.6

starting tomorrow, but this comes as a number of daily

0:34.9

coronavirus cases swarms above 11,000 again and a quarantine remains in effect in the

0:39.8

tri-state area for anyone traveling from the Sunshine State. Let's get straight to

0:43.3

Julia Borsen with Disney's big bet on a big return. Julia. Well it is a big

0:49.1

bet but Disney is starting off slow opening the Magic Kingdom and Animal Kingdom two of its five

0:54.0

Orlando parks with limited capacity but this is a very big deal for Disney to start

0:59.3

the phase reopening of Disney World after closing both of its domestic parks on March 14th.

1:04.7

Now yesterday it started reopening downtown Disney. That's the outdoor mall by its

1:09.5

Anaheim Park of course in mandated masks and social distancing there. Now, this is an important

1:16.1

important moment for Disney's Parks and Resorts Division, which last year was

1:20.2

Disney's largest by revenue, generating about 35% of revenue in calendar 2019.

1:26.6

Analysts Michael Nathanson estimates Disney lost more than a billion dollars between April and June

1:32.1

at those domestic parks because of those

...

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