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CNBC's "Fast Money"

Markets Picking AI over the Fed?... Plus A Semi Slide For Intel 4/26/24

CNBC's "Fast Money"

CNBC

News, Business, Investing

3.91.3K Ratings

🗓️ 26 April 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Despite a slew of negative economic data, markets notched a positive week ahead of a key Fed decision. So do the AI-fueled gains in big tech mean more to the market than the central bank? Plus Intel’s post-earnings slide. The chipmaker’s results disappointing investors as forecast falls short. But there’s still some bulls on Wall Street betting on a comeback. Fast Money Disclaimer

Transcript

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0:00.0

Live from the Nasak Market site in the heart of New York City's Times Square.

0:06.4

This is Fast Money. Here's what's on tap tonight. A roller coaster

0:09.7

week ending on a high note as the Nasak surges more than 2% and lost in its best week of the year.

0:15.0

Does this prove the market doesn't really care about slower growth and persistent inflation?

0:19.0

It's simply all about AI and tech.

0:21.0

We'll debate that.

0:22.0

Plus, Intel on the out the semi stock plunging

0:25.2

to more than 10 month lows even as the rest of the chip stocks catch a bid what's

0:29.3

this company doing wrong and is there any reason to be bullish.

0:33.0

And later Goldman Glistens in the stock marks another big week

0:36.0

chowing down on Chipotle

0:38.0

as the restaurant chain climbs further

0:40.0

into record territory.

0:41.0

And we're weighing the options on Eli Lilly ahead of the

0:43.8

farmer giant's next earnings report. I'm Melissa Lee coming to you live from studio

0:47.2

be at the Nasdaq on the desk tonight. Tim Seymour, Karen Feinerman, Steve

0:50.2

Brasso and Julie Beal. We start off with the two little letters that might need more for the market than anything

0:56.0

the Fed does.

0:57.5

A.I.

0:58.8

The S&P closing on Friday with Solid Gaines climbing back toward the 5100 mark posting its best week since

1:04.0

last November. The NASDAQ doing even better up over 4% since Monday and the

1:08.6

Dow ending a second straight week in the green. Those gains come even as a slew of economic data should

...

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