Meta’s Mega Earnings Report Fuels Big Cap Run, and Who Should Replace Tesla in the Mag-7? 2/2/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 2 February 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Live from the NASDAQ market site right in the heart of New York City's Times Square. |
| 0:06.0 | This is Fast Money. |
| 0:07.7 | Here's what's on tap tonight. |
| 0:09.0 | A meta melt-up shares surging after earnings that stock clocking in its third best day of all time and |
| 0:15.4 | it wasn't the only mega cap moving higher so with the biggest tech names at or near their |
| 0:20.4 | all time records can you still make money buying them. Plus an energized |
| 0:25.8 | trade Exxon and Chevron bucking the impact of lower oil prices and posting earnings |
| 0:30.0 | beats will these stocks lead a rebound in the beaten down energy sector and later |
| 0:34.5 | on big tech results may be in the rearview mirror but next week there are a |
| 0:39.1 | ton of big names reporting you got cat, Lily, Disney, Uber and more will pull the |
| 0:45.2 | traders for their ones on the radar screen. I'm Dominic Chu in for Melissa Lee |
| 0:49.4 | tonight. Coming to you live from Studio B at the NASDAQ and on the desk tonight we have Tim Seymour |
| 0:55.3 | Karen Vinerman Bono Wainison and Steve Grasso in the comfort of his home |
| 1:00.5 | And we start with a news alert. Fed Governor Michelle Bowman just |
| 1:04.5 | making some headlines at the top of this hour Steve Leisman joins us with what |
| 1:08.4 | she's saying. Steve. Don thanks very much. Fedhelle Bowman, she's one of the more hawkish members of the committee making |
| 1:15.9 | comments at this hour saying it will eventually become appropriate to gradually lower the |
| 1:20.8 | Fed funds rate if inflation continues to decline. |
| 1:24.6 | She says however, they're not yet at the point to cut rate. |
| 1:28.1 | She sees inflation declining. |
| 1:29.8 | She's encouraged by the recent decline in inflation, but declining with the policy rate held at the current level. |
| 1:36.0 | Upside inflation risks remain. She mentions geopolitical situation, the easing of financial conditions, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

