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

Has Softening Inflation Lost Its Luster? And the CEO of Archer Aviation on the Future of eVTOLs 8/10/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 10 August 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks closed well off their highs even as inflation came in lower than expected in July. The Dow nearly erased all of a 455 point gain, and the S&P only rose a point. Does the action today suggest inflation isn’t enough to keep the market going? Plus electric vertical take-off and landing company Archer Aviation just inked a deal with the U.S. Air Force. CEO Adam Goldstein joins us with more on the outlook for the company. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Right now, one fast, easy, calm, easy, go.

0:03.6

Stop soaring at the open after a better than expected CPI

0:06.4

for input major markets close with more of a sputter

0:08.6

than a surge, so has the prospect of soft inflation

0:11.0

as one of our traders said.

0:12.2

Started to lose its luster.

0:13.7

Plus, fashion forward, the companies behind coach

0:15.8

and Michael Hors are teaming up to take on the luxury giants.

0:18.7

What a deal means for tapestry and capri

0:21.0

in the rest of the retail space.

0:22.6

In shares of ED toldmaker Archer Aviation

0:24.9

have been on a tear this year.

0:26.4

The company signing a deal with the Air Force earlier this week

0:29.2

and just reported earnings.

0:30.6

We've got an exclusive interview with CEO Adam Goldstein

0:33.2

later this hour, you won't want to miss that.

0:35.1

I'm Melissa Lee.

0:35.8

This is fast money.

0:36.5

We're live with the Nasdaq Market site on the desk tonight.

0:38.7

Tim Seymour, Karen Feynman, Guy Damien, our guest trader

0:41.7

for the hour, Lori Calvacina of RBC Capital Markets.

0:45.1

Welcome, Lori.

...

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 2026.