meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Fast Money 07/21/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 21 July 2020

⏱️ 46 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 lineup Tim Seymour

0:04.4

Karen Finerman Jeff Mills and Chris Verone tonight on Fast the Nasak

0:08.0

closing year its lows of the day after hitting an intraday record in early trade. Big tech pulling back sharply after yesterday's

0:14.0

rally. The late day saw coming along with the latest news on the stimulus package

0:18.0

will bring you all the headlines and later gold prices hitting a nine-year high today.

0:22.0

We'll go off the charts to see where the

0:23.2

precious metal is going from here. Plus Jeff Mills, the general. He's got a fast pitch on one

0:28.5

financial name he says can add to the 30% gains it's already seen this year and no it's not a bank.

0:35.0

We start off with an earnings triple play for you.

0:38.0

Nice trifecta results from Snap United Airlines and Texas Instruments all out after the bell all on the move in the after-hour session. at

0:45.0

the airline in Texas Instruments, all out after the bell, all on the move in the after-hour session. Of course, we've got full team coverage of all these reports.

0:47.0

Julia Borsen, Phil LaBoe, and dear Durbosa standing by with all the details.

0:50.0

We kick things off with Snap, the biggest mover.

0:52.0

Julia, take it away.

0:54.0

Well, Melissa, Snap meeting expectations on earnings and beating expectations on revenue.

1:00.0

All subscriber numbers came in just half a million lighter than expected.

1:04.4

But what is putting pressure on the stock?

1:06.2

You see it's down over 6% is guidance that Snap is planning for the addition of between 4 million

1:11.8

and 6 million subscribers in the current quarter

1:14.2

Q3. That would be down from the 9 million I'm sorry daily active users not

1:19.0

subscribers daily active users it added in the second quarter. The company also saying that its

1:24.1

combined cost of revenue and operating costs will grow at percentage raise in the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.