Nvidia Earnings On Deck, and A Credit Card Mega-Merger 2/20/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 20 February 2024
⏱️ 44 minutes
🧾️ Download transcript
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| 0:00.0 | Indeed it does John thank you very much live from the NASDAQ market site in the heart of New York City's Times Square |
| 0:06.5 | This is fast money and here's what's on tap tonight a salty day for the chips and video |
| 0:12.3 | Crunched more than 4% ahead of earnings the rest of the sector also |
| 0:16.4 | suffering so is this the start of the thundering herd exiting one of the most crowded |
| 0:20.9 | trades on the street we'll debate that one for you. |
| 0:23.2 | Plus, China Rebound. |
| 0:25.2 | Are things on the mainland so bad they're about to get good? |
| 0:29.2 | We'll go inside Beijing's push to revive their beaten down markets and later a collection of |
| 0:34.9 | collectors how a VC heavyweight and a veteran TV producer are trying to juice |
| 0:40.5 | the memorabilia market they will join us to explain how this nearly happened to |
| 0:43.4 | explain how this nearly half a trillion dollar business can double in the next 10 years. |
| 0:49.5 | In for Melissa Lee, I'm Tyler Matis and glad you can be with us tonight. |
| 0:53.0 | Coming to you live from Studio B at the NASDAQ. On the desk tonight, Dan Nathan, Guyanami, and Stuart Kaiser, |
| 0:59.4 | head of equity trading and strategy at City. And we start with a chip wreck on Wall Street shares |
| 1:06.7 | of invidia sinking more than 4%. The day before its highly anticipated earnings report. The stock seeing its worst day, by the way, since October. |
| 1:16.4 | And it wasn't the only semi-stocks today. There you see some others. |
| 1:20.2 | Super Micro, AMD, and the SMH chip ETF, all seeing outsized losses. |
| 1:27.0 | Still, even with today's drop, Invidia is up 40% so far this year but is this the first sign of the air being let out of the |
| 1:37.0 | tires of the red-hot semi-trade and could tomorrow's results cause an even bigger |
| 1:42.3 | pullback guy let's begin with you this is a this is a |
| 1:46.0 | company that has just lit the fire on Wall Street for a long long time and that's |
| 1:52.1 | often the case where the kind of situation where if there's a |
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