Tech Helps Fuel Market Rally… And Sarepta Therapeutics’ Plummets 6/16/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 16 June 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks kicking off the week in the green, as investors digest the latest from the Israel-Iran conflict. The names seeing the biggest moves, and if it will be the Mag7 or Legacy tech stocks that lead the market higher. Plus A biotech beatdown, as shares of Sarepta Therapeutics get hit. The headlines hitting that name, and where one top healthcare analyst sees the biotech and pharma space heading next. Fast Money Disclaimer

Transcript

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0:00.0	You're listening to Fast Money in progress.
0:03.7	Israel is doing very well, as you probably noticed, and I gave her on 60 days, and they said,
0:16.0	no, and the 61st you saw what happened. Day 61.
0:23.5	So I'm in constant touch.
0:29.6	And as I've been saying, I think a deal will be signed or something will happen, but a deal will be signed.
0:33.2	And I think Iran is foolish not to sign one. Mr. President, Iran is using Netanyahu of attacking them to deliberately derail your nuclear
0:40.2	plan that you had. What do you say to that? You think that's true?
0:43.0	No, no.
0:44.0	Look, Iran should have signed the deal.
0:46.0	If it would help bring Iran to the negotiating table, would you guarantee that the U.S.
0:50.3	would not get involved militarily?
0:51.8	Well, I think this. I think Iran basically is at the negotiating table.
0:55.0	They want to make a deal.
0:57.0	And as soon as I leave here, we're going to be doing something.
1:00.0	But I have to leave here.
1:02.0	I have, you know, this commitment, I have a lot of commitments, have a commitment to a lot of countries,
1:06.0	including the UK, where we just signed our deal.
1:09.0	Mr. President, when will we-
1:11.6	Settling on steel terms of the respect to the U.S.
1:14.6	is zero or is being a
1:16.6	we're going to let you have that information in a little while.
1:19.6	I'm Russian-Ukidtops, sir, on U.S. Russia-Rox.
	...

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