Market Comes To Terms With Rising Rates, and Tesla’s Stealth Rally. 03/22/22

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 22 March 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The S&P closed out its fifth day of gains in six sessions, even as the Fed telescopes more aggressive and faster rate hikes than initially thought. Big Tech stocks added more than $780B in market cap since last Wednesday’s lows and even consumer names are seeing strength. So have the markets come to terms with rising rates? Plus Tesla shares surge as the Berlin Gigafactory rolls out its first deliveries. And you won’t believe how far the stock has climbed in the last five days. 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	Well, I'm from the Nasdaq Market, I had overlooking New York City's Times Square.
0:05.3	This is Fast Money.
0:06.3	I'm Melissa Lee.
0:07.3	Tonight's Raider lineup, Guy Dami, Tim Seymour, Jeff Mills, and Dan Nathan.
0:10.5	I head on fast, Boba Bounce, Chairs Valley, Boba Keep Climbing, up nearly 50 percent
0:15.5	of the last week now almost back to even for the year.
0:18.6	The Chinese e-commerce giant announcing a $25 billion buyback is this a bullish sign for
0:23.1	investors.
0:24.1	Plus, Elon Musk busting a move.
0:26.4	Literally.
0:27.4	As he opens a new factory in Germany, it is the first manufacturing plant for Tesla
0:31.5	in Europe.
0:32.5	The stock rebounding from the electric slide now of 20 percent in the last month.
0:36.8	How big a deal is today's ribbon-cutting for investors and later, a fast pitch new face
0:41.9	to us to fast money tells us why he is teeing up this galt stop that's been in the rough
0:47.2	promotes of the past year.
0:48.8	Will it be a four or a hole in one?
0:51.4	Wow, Mel, that's brutal.
0:52.9	We can't fit any more puns in there.
0:55.2	So we will start with another sea of green on Wall Street.
0:57.8	The S&P notching its fifth day of gains in six sessions.
1:00.4	It is now up a whopping 6 percent since its lows last Wednesday when the Fed announced
	...

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