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CNBC's "Fast Money"

Nvidia’s Mega Move… And Record Levels For Japanese Equities 2/22/24

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 22 February 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

Nvidia proving all the skeptics wrong… as the powerhouse semi stock rips higher after its earnings report… and it’s bringing the whole market up with it. Plus… Japanese stocks hitting levels not seen since 1989! So is there still opportunity in the overseas trade? Fast Money Disclaimer

Transcript

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0:00.0

Live from the NASDAQ market side in the heart of Times Square. This is fast money.

0:05.0

Here's what's on tap tonight. The NVIDIA HALO effect.

0:08.0

The chip giant lifting broader markets. NASDAQ soars nearly 3%. Biggest gain in over a year, just a tenth of a percent from a record close.

0:15.6

S&P and Dow new records, Dow tops 39K for the first time.

0:19.2

Were Invidious results, the green light for the rally to roll on.

0:22.8

Plus a record 34 years in the

0:24.4

Nique all-time high for the first time since 89.

0:27.8

That's back when National Lampoon's Christmas vacation

0:31.3

was tops of the box office and Phil Collins

0:33.9

Stop it ruled the airwaves a lot has changed since then but one top investor says

0:38.6

these stocks are actually cheaper now

0:41.4

Later on restaurant stocks rally a gold miner loses the shine and

0:44.8

Moderna melts up best day in a year all those stories this hour I'm Carl

0:48.6

Keatonee in from a list of lead live from studio be at the NASDAQ on the

0:51.4

desk tonight Bono and Ice and Dan Nathan and Guy Adami.

0:54.8

Guys, what a day to be with all of you.

0:57.0

Good to see.

0:58.0

CQ, you drew the short story yet again, but we are thrilled to have you on this historic day. It is an amazing day.

1:04.6

We're going to start with that massive post earnings rally in NVIDIA shares surging

1:08.9

more than 16% to a new record close. Stock adds more than 270 billion in market cap just today. That's

1:15.6

bigger than the size of one whole B of A and the single biggest gain for any company on record.

1:21.8

Now around $60 billion away from a 2 trillion dollar market cap. It's added a trillion to its values. Since just last June, the gains today ripple effects across tech with the semis, Super micro AMD broadcom micron arm all

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