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

Fast Money 08/27/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 27 August 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

I'm Melissa Lee and this is Fast Money.

0:03.5

Tonight's trader-up Guy Dami, Tim Seymour, Steve Grasso, and Karen Feinerman.

0:07.0

Tonight on Fast, the Fed's big shift stocks rally.

0:10.0

As the Federal Reserve announces an historic policy change, the big money details straight ahead.

0:14.4

Plus, shares of GAP surging in the after-hour session on earnings, the company's call is just kicking off.

0:19.6

We'll bring you all the headlines and later, Beyond Meat goes beyond the grocery store. We'll tell you all the headlines and later beyond the grocery store.

0:24.0

We'll tell you about the big consumer play that got shares of the fake meat maker

0:27.5

sizzling today, but we start off with the Tik-Toc twist.

0:31.1

Walmart teaming up with Microsoft in a bid for the popular social media app. Tik It's got all the details. Julia.

0:46.0

Well, Melissa, the news keeps coming on this one. Reuters just reporting that China's bite dance told Tik-talk engineers this week to make contingency plans

0:52.0

should it need to shut down its U.S.

0:54.2

operations.

0:55.2

Tik-Tock confirming to us just now that they are preparing for various scenarios

0:58.9

including the potential of a forced shutdown, telling us, quote, we are

1:02.3

simultaneously developing plans to try to

1:04.8

ensure that our U.S. employees continue to get paid in any outcome.

1:09.4

Now this comes on the heels of Walmart confirming that it's teeming up with Microsoft to bid for

1:14.3

Tik-Tok as the government forces a sale by Tik-Tok's Chinese parent bite dance.

1:18.8

Walmart telling us, quote, we believe a potential relationship with Tik-Tok,

1:23.4

U.S. in partnership with Microsoft could add

1:25.8

this key functionality and provide Walmart

1:27.8

with an important way for us to reach and serve

...

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.