Is Apple the Teflon Tech Stock? And the Latest Moves in the Weight Loss Drug Space 6/26/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 26 June 2023
⏱️ 44 minutes
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| 0:00.0 | Right now and fast, a Google Glitch shares a valve about taking a tumble after one |
| 0:05.4 | analyst raised a red flag over the costs of AI. |
| 0:08.3 | What the move says about the investment opportunities in the space. |
| 0:11.1 | Plus, the weight loss wars heat up as Pfizer exits the ring and lily ups its game how the |
| 0:16.1 | primary players are positioned now and how you should play this sector. |
| 0:20.0 | And later, Rush sees for carnival some clarity on lucid latest deal and one big developer |
| 0:24.4 | is moving out of park avenue. |
| 0:26.2 | The stories and the trades behind the stocks are coming up. |
| 0:28.4 | I'm Melissa Lee. |
| 0:29.4 | This is fast money. |
| 0:30.4 | We're live with the Nasdaq market site on the desk tonight. |
| 0:32.0 | Karen Feiner and Dan Nathan, Guy Adami and Julie Beale. |
| 0:35.3 | We start off with the seemingly unstoppable apple. |
| 0:38.2 | The stock hitting a fresh record high during the session today. |
| 0:41.1 | The third day in a row that it's done that while the stock close off the levels, it has |
| 0:44.6 | risen as much as 3%. |
| 0:46.2 | Even after Jerome Powell seemed to take the wind out of the sales of the big tech trade |
| 0:49.9 | in his congressional testimony last week. |
| 0:52.1 | The same cannot be said for some of the other growth stocks though. |
| 0:55.3 | Melissa, for example, down nearly 13% for Wednesday highs and Nvidia has shed almost 8% |
| 1:01.3 | in the last week. |
| 1:02.3 | So, we have asked this question before, at least once, if not twice or three times or ten |
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