Nvidia Reports Results… And Stocks Bounce Back As Rate Surge Cools Off 5/20/26

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 20 May 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

All eyes on Nvidia as the semi giant reports results. The latest numbers and details out of the company’s earnings report, and where a top tech analysts see the stock heading next. Plus Target and TJX Companies give a read on the consumer, crude’s pullback boosts the travel trade, and how the retreat in yields are boosting stocks. A top market strategist joins the Fast Money traders to dig into what we learned from the Fed minutes, and how it may impact the central bank’s rate decision in June. Fast Money Disclaimer

Transcript

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0:00.0	Live in the Nazak markets, I did in the heart of New York City's Times Square. This is fast money.
0:05.1	Here's what's on top tonight. InVitia in focus shares of the AI giant seesawing after earnings.
0:10.1	We are bringing you all the numbers from the quarter diving into the details of the trade.
0:13.9	And countdown to liftoff SpaceX officially filing to go public tonight.
0:18.0	What we know now about the Blockbuster IPO and the other behemists waiting in the wings
0:23.2	to hit the market.
0:24.1	Plus, rates pull back after their recent rally.
0:26.5	Two retailers move in vastly different directions after their earnings and airline stocks flying.
0:32.0	What's behind today's boost to the travel trade and can the gains keep coming?
0:36.0	I'm Melissa Lee.
0:36.7	Home to you live from studio via the NASDAQ on the desk tonight. Tim Seymour, Dan Nathan, Guy Dami, and Michael Coe. We will get to NVIDIA in just a second, but we start with that long, long-awaited IPO filing from SpaceX. Leslie Picker has been picking through the document, has the latest details on it. Leslie, I probably should have put it through
0:54.6	Grock, but I'm doing it myself, Melissa. I just wanted to share a couple more details that we've
0:59.2	learned from this multiple hundreds of pages of filing here. First of all, we're looking at
1:05.4	$29 billion in long-term debt in terms of the capitalization here. Total cap-X had some kind of interesting
1:12.0	details showing about $10 billion in total in the first quarter of 2026. A billion of that
1:19.4	was for space, about $1.3 for connectivity, and $7.7 billion of that first quarter capax was due to AI. Also looking at some shareholder
1:32.2	ownership here, it appears that Elon Musk owns about 12.3 percent. Antonio Gracias has about 7.3%. The rest of
1:40.9	those details will fill in a bit closer to when this company starts its roadshow.
1:46.0	We talked about last hour the banks that were managing this offering.
1:50.6	I also see that in addition to Goldman leading, having that lead left position, which often involves allocation and pricing and valuations and forth, Morgan Stanley is listed in this filing as the stabilization agent, and they're also running
2:03.7	the directed share program.
2:06.0	So we continue to dig in.
	...

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