Fast Money 07/30/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 30 July 2020

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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 Star,
0:02.0	Right Now I'm Melissa Lee.
0:03.0	Tonight's trader line up, Guy Dami, Tim Seymour, Steve Groslin, Brian Kelly.
0:07.0	Tonight on Fast, the Tech Titan earnings Bonanza,
0:10.0	alphabet, Amazon, Facebook, Apple, all on the move in the after-hour session on earnings.
0:14.1	That's nearly $5 trillion in market cap combined.
0:17.1	We've got full team coverage standing by on each of these names.
0:19.8	John Ford is tackling Alphabet Deidroboz on Amazon, Julia Borson, digging in on Facebook, but let's
0:25.2	start it off with the big breaking news on Apple.
0:27.5	The company announcing a four for one stock split. Josh Lifton just spoke with CEO Tim Cook
0:31.6	moments ago.
0:32.2	Josh, what's the latest?
0:34.4	That's right, Melissa.
0:35.1	And as for why now with that 4-1 stock split,
0:37.8	Apple saying, it's to make the stock more accessible
0:40.9	to a broader base of investors if you look to the results
0:44.0	Apple easily beating here on the top and the bottom
0:46.4	iPhone revenue blowing past expectations to 26.4 billion
0:50.7	street was closer to 22.4 billion I did have the chance to catch up with
0:54.9	Apple CEO Tim Koch. We talked about those iPhone demand trends and the mix in
0:59.8	the quarter Cook telling me, iPhone 11 is the most popular iPhone, and we had a great launch, she says, on iPhone SE during the quarter.
1:08.0	It was also very strong. We had a very nice uptick on a year over year basis in switchers meaning Android switchers that we
	...

Please login to see the full transcript.

Previous episode | Next episode

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.