Finding a Winner in the AI Race, and Has the Bitcoin Rally Only Just Begun? 11/20/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 20 November 2023
⏱️ 50 minutes
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| 0:00.0 | Live in the Nasak Market Night in the heart of New York City's Times Square, this is fast money. |
| 0:05.6 | Here's what's on tap tonight. |
| 0:07.0 | The AI race may have crowned its official winner, shares of Microsoft surging to a new record today, |
| 0:12.0 | even as questions swirl over the future of |
| 0:13.8 | open AI so has it claimed the top spot against chief rival alphabet and who else |
| 0:18.6 | could compete for this title. Plus, Hardburn, a couple of big pharma stocks take a tumble after disappointing results for an experimental |
| 0:25.4 | cardiovascular drug will get a pulse check on the industry and find out where it goes from here. |
| 0:30.4 | And later, Bitcoin prices have already more than doubled this year and are trading at around |
| 0:34.2 | 18-month highs. But one expert thinks the crypto rally is only just getting started. |
| 0:39.4 | We've got a very special guest on the desk to lay out his case. |
| 0:43.6 | Tanned, rested, ready for a comeback. |
| 0:46.7 | That's a hint. |
| 0:47.5 | The big reveal just minutes away. |
| 0:49.4 | I'm Melissa Lee, come to you live from Studio Be at the Nasak |
| 0:52.0 | on the desk tonight. |
| 0:53.1 | Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Adami. |
| 0:56.2 | And we start off with the stock that might have just established itself as the undisputed |
| 1:00.8 | king of the AI realm. |
| 1:02.2 | Microsoft shares climbing more than 2% to close at a record high. |
| 1:06.3 | It added 56 billion dollars in market cap today |
| 1:09.6 | and is now less than 7% away from breaking the $3 trillion mark. The latest move coming |
| 1:15.1 | after Microsoft hired former open AI CEO Sam Altman to lead its new AI team. |
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