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CNBC's "Fast Money"

FedEx’s Big Jump Post Earnings, and Housing Market Headache 6/25/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 25 June 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Shares of FedEx soaring after its latest earnings report. The numbers behind the move and all the details out of the conference call. Plus, all things housing taking a hit, as economists forecast a “stuck” market for the next few years. And it’s not just the builders feeling the pain. The related names seeing some losses. Fast Money Disclaimer

Transcript

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0:00.0

Live in the Nazak Market site in the heart of New York City's Times Square.

0:05.2

This is fast money. Here's what's on tap tonight. Under pressure with

0:08.7

mortgage rates rising, home prices climbing in Reno costs through the roof the housing trade is

0:13.5

getting drilled is this sector off limits until rates take a serious leg lower

0:17.5

we'll debate that then a five dollar face-off today is opening day for the new McDonald's value meal.

0:24.6

It's been a rough year for the stock.

0:25.9

Will this be the right recipe for Mickey D's revival?

0:29.0

A fast money show and tale is on tap.

0:31.1

Plus bearish comments from the CFO putting a hurt on Walmart shares.

0:34.8

Novo Nordis gets the go, go ahead to fight obesity in a massive new market. And investors saying,

0:39.9

a hoi, maybe, to the cruising stocks.

0:42.5

And later Rivian charged up after hours

0:44.8

the R in Dan Zebra.

0:47.4

Climbing on a huge investment from VW.

0:49.9

All the details just minutes from now.

0:52.0

I'm Melissa Lee. coming to you live in

0:53.2

studio be at the Nasak on the death tonight. Tim Seymour, Bono and Eisner,

0:56.4

Dan Nathan, and Guy Dami. We're going to get to the housing drop in just a

1:00.0

moment, but we start with an earnings alert on FedEx shares with delivery giant soaring

1:04.0

after a top and bottom line beat and solid guidance. A conference call just getting underway.

1:08.5

Frank Holland joins us with the very latest. Hey Frank.

1:11.0

Hey,

...

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