Instagram Head Takes Center Stage, and What’s Next in the World of Crypto

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 8 December 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adam Mosseri faced off against Congress over Instagram’s impact on teens. Will the hearing effect any change in the platform, and will it impact the stock. Plus crypto execs also heading to Capitol Hill today to talk about regulation of the industry. We’re joined by the CEO of Stellar Development, straight off her testimony. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	All right, thanks very much, guys.
0:02.6	Live from the NASDAQ Market Site,
0:04.1	overlooking glorious Times Square in New York City.
0:07.4	This is fast money, the big show.
0:09.8	I'm Dominic Chiuin from Melissa Lee tonight,
0:11.5	tonight's Trader lineup.
0:13.1	Guy Adami, Tim Seymour, Steve Brasso,
0:15.9	and Jeff Mills, you've seen him right there tonight
0:18.4	on the show.
0:19.6	The reopening rally charges on airlines, cruise lines,
0:23.5	casinos, you know them all jumping again today,
0:26.4	even as the broader indexes shrug off a little bit.
0:29.9	What these moves say about the strength
0:31.4	of the overall market.
0:32.4	Plus, Roku Rockets, the streaming stock seeing
0:36.2	its best day in over two years.
0:38.4	It's up 18% in the session,
0:39.8	but one of our traders says the rally is overdone
0:43.8	while he's sounding the alarm on this particular name.
0:46.7	And crypto takes center stage in the Senate.
0:50.1	Stellar, CEO Denel Dixon, joins us
0:52.5	after her congressional testimony
	...

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