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CNBC's "Fast Money"

Fast Money 08/07/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 7 August 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, live from the NASDAQ market site overlooking New York's Times Square.

0:06.0

I'm Scott Wopner, our traders on the desk tonight. Tim Seymour, Karen Finerman, David

0:10.5

Seaberg and Guy Adami tonight on Fast, a big night for earnings.

0:14.6

Disney volatile after hours.

0:16.5

Laughing over there.

0:18.5

Snaps soaring will bring you all the headlines from the C-suite as those conference calls are underway.

0:23.6

Plus the S&P 500 just inches away from its all-time high that hit back in January.

0:29.8

What? What's wrong?

0:31.7

So is the record rally back on? And what do you buy now? But first we start

0:36.6

with the tweet, heard around the world, or at least around Wall Street, CEO

0:40.2

Elon Musk creating chaos with a single tweet quote

0:43.2

I'm considering taking Tesla private 420 dollars funding secured which led to the

0:48.7

stock soaring and then being halted and then soaring once again.

0:51.9

Let's go to Leslie Picker in the newsroom for the details on a wild day for Tesla.

0:55.0

Leslie. Hi, Scott, Wild Day indeed, as the stock surge, the questions swirled.

0:59.4

Who was providing the financing?

1:01.2

What buyout shops would assist Musk in any kind of take private.

1:04.9

How finalized is some sort of deal and is $420 per share a real buyout price.

1:10.5

Meanwhile, must continue tweeting but not answering most of the major looming questions.

1:15.8

Eventually, the stock was halted for pending news and about a half hour before the market closed,

1:20.8

Tesla published a blog post from Musk titled Taking Tesla Private.

1:25.8

Notably, Musk said a final decision has not yet been made even though he said he was

...

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