Market Highs, Are You Not Entertained?

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 7 June 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Guy Adami and Danny Moses are holding down the fort this week as they dissect a massive week in markets.Topics on the pod include: Nvidia briefly hitting a $3 trillion market cap (2:00), The Case Against Elon Musk’s $46 Billion Pay Deal & his moving of chips between Tesla and xAI (11:00), broad moves in the stock market (15:00), the haves & have-nots of the retail sector (20:00), Sternlicht defends gating Starwood REIT withdrawals (22:00), what the market is rooting for & the death of short selling (28:30), technical glitches wreck havoc on markets (31:00), Gamestop (34:30). -- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube

Transcript

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0:00.0	Welcome to the On the Tape podcast, Guy Adami, Danny Moses. Dan Nathan went to visit his mom. His mom turned 81 earlier this week. Happy birthday Mrs. Nathan. Happy birthday, Mrs. Nathan. So he flew to Syracuse, which is interesting. Syracuse, obviously there's an Italian element to that. But we'll get into
0:22.4	that in a second. Obviously not Syracuse in... I understand. Sicily.
0:27.4	Was supposed to be an hour flight back and... Yes. Lo and behold. Weather. Weather. He said,
0:32.9	he texted us and he said, is there weather in New York? And I was about to type him back and say there's
0:37.3	actually weather everywhere. I could put his glasses up on here. No, no, no reason to do. Okay.
0:41.2	So it's just the two of us. Yeah. Okay. And it's interesting. You have a list of favorite movies.
0:47.4	You've shared this with me before. Yeah. Right or wrong. Absolutely. One of, I know one of these movies, because you quote it all the time, you're a big fan of Gladiator.
0:55.7	Huge fan of Gladiator.
0:56.6	I mean, Russell Crow, say what you want about him, but he's a brilliant actor.
1:00.5	Yes, no?
1:01.2	100%.
1:01.9	Richard Harris was in that movie, if you recall.
1:04.1	It was all great.
1:04.9	Joaquin Phoenix.
1:05.5	It was all great.
1:07.3	Joaquin. I just like saying Joaquin because it's a fun name to say.
1:11.3	But there's one cat, his final role in movies, a gentleman named Oliver Reed.
1:16.7	I actually think he passed away during the production of gladiator.
1:20.6	He was the head of all the gladiators, right?
1:22.4	Proximo.
1:22.9	Proximo.
1:24.4	Yeah.
	...

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