Souring On Apple… And An Auto Affordability Push As Car Prices Speed Higher 1/16/26
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 16 January 2026
⏱️ 44 minutes
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| 0:00.0 | Live from the NASDAQ market site here in the heart of New York City's Times Square, this is fast money. |
| 0:06.0 | Here's what's on tap tonight. |
| 0:07.0 | Bruised Apple, the tech giant, has now fallen every week since hitting a record in early December. |
| 0:13.0 | What's behind the pullback? |
| 0:15.0 | And can the iPhone maker get its mojo back ahead of earnings? |
| 0:18.0 | We'll debate. |
| 0:19.0 | And auto affordability, what the administration is doing |
| 0:21.9 | to combat rapidly rising car prices and how it could impact the stocks in the space. Plus, |
| 0:27.6 | the great utility divide as the president pushes big tech to pay for its own power. We start the |
| 0:33.5 | countdown to Netflix earnings on Tuesday night and the final set of 2026 trader acronyms. |
| 0:39.3 | What Bonoen is bullish on this year and how Mike hopes to earn some fast money. |
| 0:44.0 | Don't we all? |
| 0:44.6 | I'm Leslie Picker in for Melissa Picker. |
| 0:45.8 | In for Melissa Lee coming to you live from Studio B at the NASDAQ. |
| 0:49.2 | On the desk tonight, Tim Seymour, Bono and Izan, Steve Grosso, and Mike Howell. |
| 0:53.4 | But we start with Apple closing out out its seventh straight losing week. |
| 0:58.6 | That's the stock's worst stretch going back three years. It's now down over 11% from the all-time highs. |
| 1:04.4 | It made in early December. At the time, it peaked at $4.2 trillion market cap, but it's shed about $472 billion in value and now lags behind both NVIDIA and Alphabet in size. |
| 1:17.4 | The latest down draft coming even with positive updates on the iPhone maker's AI strategy. |
| 1:22.7 | Of course, earlier this week, Apple confirmed it's partnering with Google to power Siri using Gemini AI. |
| 1:28.2 | So with today's move, Apple and Meta are now tied as the worst performers among the magnificent seven stocks this year, closely followed by Microsoft. |
| 1:37.2 | So with earnings coming in less than two weeks, what will it take for Apple shares to stage a comeback? |
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