SHOP-A-PALOOZA IS HERE! 11/27/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 27 November 2023
⏱️ 45 minutes
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Transcript
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| 0:00.0 | Live from the Nasdaq market site in the heart of New York City's Times Square, |
| 0:05.2 | this is Fast Money. Here's what's on tap tonight. Digital demand, as the holiday |
| 0:09.6 | shopping season kicks into high gear, the early winners are the e-commerce kings. Will |
| 0:14.4 | this be the year that the onliners trounce the big box names? Well debate. |
| 0:18.2 | Plus a heavyweight battle, a new study, revealing that Lily's Manjaro is a better drug for weight loss than |
| 0:25.1 | no Bozozembik. The doctor behind those results will join us in just a few minutes |
| 0:29.4 | from now. And later a glittering milestone for gold, one foot out the door at Footlocker, |
| 0:35.3 | why one of our traders is selling, and the options action for Salesforce ahead of results later in the week. |
| 0:40.2 | I'm Sarah Eisen, in tonight for Melissa League coming to you live from studio be at the Nasdac on the desk tonight with me as Tim Seymour Karen Finnerman |
| 0:47.7 | Dan Nathan and Guy Adami and we're gonna begin with a mixed bag of early holiday shopping results. |
| 0:52.7 | Adobe Analytics, finding spending on Black Friday was up almost 8% versus last year, Cyber |
| 0:57.5 | Monday expected to post solid gains this year, too. |
| 1:00.4 | But heavy promotions and deep discounts have been the driving force to boost in-store traffic. |
| 1:06.0 | The early winners so far include Shopify, Etsy, Amazon, |
| 1:09.5 | and shoppers have been content to search for deals from their couch instead of braving the crowds. |
| 1:15.2 | Other early winners here on the retail space who have embraced by now pay later. |
| 1:19.9 | That was a big sub story today. |
| 1:21.1 | Check out shares of a firm as BNPL, it's the number one pure play |
| 1:25.5 | stock there. The stock closing out the day up over 12 percent. Over the last 30 days, a firm is up nearly |
| 1:31.1 | 75 percent. So what does this seemingly mixed start to the season? Tell us about the |
| 1:35.4 | consumer, the economy, and retail and what to do with these stocks. Karen, are you surprised? |
| 1:41.6 | I am a little bit surprised because we've heard a lot about the consumer being weak in the last several weeks and |
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