Stocks Lower As Iran Ceasefire Nears Expiration… And The Wall St. Mentalist Joins FM 4/20/26

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 20 April 2026

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks kicking off the week snapping a major winning streak, as investors eye the next move in the fragile Mideast ceasefire. The details behind the latest developments, and the impact on oil as prices tick back up. Plus a combo in the construction supplies space, Eli Lilly’s latest drugmaker deal, and how the Strait of Hormuz closure could mean a lump of coal this holiday season. And get ready to have your mind blown when Oz The Mentalist stops by the Fast Money desk. Fast Money Disclaimer

Transcript

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0:00.0	Live from the Nanzac markets, I'm in the heart of New York City's Times Square.
0:04.4	This is fast money.
0:05.3	Here's what's on tap tonight.
0:06.4	Breaking news in just the last hour, Apple CEO Tim Cook, unexpectedly announcing he is stepping down as CEO of the iPhone maker later this year.
0:14.6	What we know about is successor and what it will mean for the stock.
0:17.8	Plus crude oil back on the rise at $17 billion deal from building
0:22.2	manufacturer QXO. Eli Lilly expands its pipeline and get ready to have your mind blown
0:28.0	before his big show at Nerdprom this weekend. Wall Street mentalist O's Pearlman is taking
0:33.6	on traders right here on set. Can he crack into the thoughts of Guy Adami?
0:37.8	And do we really want to know what's going on in there? Or not going on? You won't want to miss this. I'm Melissa Leco on Delaide from studio, be at the NASDAQ on the desk tonight. Guy Adami, Dan Nathan, Karen Feinerman, and Julie Beal. We start off with the breaking news on Apple, CEO, Tim Cook announcing he will step down as CEO and become executive chairman of the tech giant
0:57.8	effectively. We start off with the breaking news on Apple, CEO, CEO, saying he will step down as CEO and become executive chairman of the tech giant,
0:58.2	effective September 1st.
0:59.9	Senior Vice President of Hardware Engineering, John Turnus, will take over as chief executive.
1:05.4	Cook, remember, became CEO in 2011.
1:07.5	Shares are up almost 2,000 percent since then.
1:12.6	The stock is just stepping back a little bit down about 8 tenths of percent.
1:16.1	That's basically been the reaction since the news broke in just the last hour.
1:20.8	Guy, what's your take here?
1:21.9	Well, Melissa.
1:24.0	See, people might not notice we're all in different seats tonight.
1:27.0	It's all for cock just yeah but with that
1:29.4	said i i don't think you trade on the back of this i saw you had g months around before he said
	...

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