Nvidia’s Big Earnings Report, And A Deep Dive Into Some Recent Insider Selling 2/21/24
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 21 February 2024
⏱️ 44 minutes
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| 0:00.0 | And happy anniversary from us to you, live from the NASDAQ market site in the heart of New York City's Times Square. |
| 0:07.0 | This is Fast Money. |
| 0:09.0 | Here's what's on tap tonight. All eyes on NVIDIA. |
| 0:12.0 | Shares of the Chip Giant, erasing early losses now up strongly. |
| 0:16.0 | About 10% revenue and profit coming in better than expected. |
| 0:20.0 | And data center sales more than quintupled from a year ago. Did the company just |
| 0:25.1 | silence all the skeptics? We'll debate that one. Plus, Bezos's billions, the |
| 0:29.6 | Amazon founder selling around 50 million shares of the e-commerce giant in just the last |
| 0:34.8 | two weeks. |
| 0:35.8 | Zuckerberg Gates also selling lately. |
| 0:38.6 | Now while these sales have been planned could they trigger other insider moves will we'll break it down, what are the signals here? |
| 0:45.0 | And later, our big short trader said to tell us where he's actually long in this market. |
| 0:50.0 | What's behind his bullish bets right now, we'll find out. I'm Tyler Matheson |
| 0:54.3 | in tonight for Melissa Lee. Coming to you live from Studio B here at the |
| 0:58.2 | Nasdaq. On the desk tonight, Dan Nathan, Guy Adami, and Danny Moses, |
| 1:02.4 | founder of Moses Ventures. |
| 1:04.4 | Welcome, one and all. |
| 1:05.7 | And we start with that massive move in NVIDIA. |
| 1:09.0 | You're going to hear that name a few times here. |
| 1:11.4 | Bet the over on this one. |
| 1:13.6 | Shares are surging after the chipmaker posted record revenue, a whopping 265% increase |
| 1:19.6 | from last year on the strength of its AI business. Now the news sending shares of other chipmakers |
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