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CNBC's "Fast Money"

Fast Money 12/17/19

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 17 December 2019

⏱️ 44 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

Yes it does three peas in a pot at the NYC thank you very much and live here at the

0:07.2

Nasdaq market side a little further uptown this is fast money I am Brian

0:11.5

Sullivan on this rainy Tuesday outside your

0:14.0

traders who ventured the weather to come in Tim Seymour Karen Feynner

0:18.2

with Dan Nathan and Guy Dami tonight on Fast with markets setting another slew of records, we hear from the most bullish man on Wall Street.

0:26.0

Oppenheimer's John Stolfus, that's right guy, he's here, he'll tell us why he's so optimistic and what the biggest risk to this market rally may be.

0:35.0

Plus Boeing.

0:36.0

You know what's halting production of the 737 Max and maybe you don't care that you probably do

0:40.5

care about the American economy and Boeing's news could impact us all.

0:44.6

We'll tell you why.

0:46.4

Then there's Apple, hitting another all-time high today, but three analysts have three very

0:51.1

different takes on the same stock.

0:53.0

They're going to find out who the traders believe is right.

0:55.0

All that ahead will we begin with an earnings alert on FedEx and it's not a good one.

0:59.0

Chairs dropping after hours, FedEx stock down again again missing on both earnings and revenues

1:04.8

let's get right back to Eric Chemey who is at cambi who is at cambi

1:07.4

cambi with more on the FedEx flop Eric that's right Brian it was a disappointing

1:11.9

quarter for FedEx.

1:12.8

CEO Fred Smith acknowledged in the release that the company's fiscal 2020 is quote

1:17.0

A year of continued significant challenges and changes. The company missed on the top and bottom lines, citing weak global economic conditions, increased FedEx ground costs, the loss of business from Amazon, a shift to lower yielding services, a more competitive pricing environment, and a late holiday shopping season.

1:35.9

Looking ahead, the company is reducing its guidance to reflect lower than expected revenue and

1:40.5

higher than expected expenses. FedEx is also implementing reductions to its Global Express Air Network and

...

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