Tesla Reports Earnings and a Payments Giant Goes Social

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 20 October 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shares of Tesla on the move after the company’s latest earnings report. Where shares are going from here, and what the traders want to hear on the upcoming conference call. Plus, Paypal in late stage talks to buy Pinterest in what could reportedly be a $39b deal. What it says about the future of fintech and the social stocks Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Live in the Nasdaq Market site overlooking New York City's Times Square.
0:04.3	This is Fast Money. I'm Melissa Lee.
0:06.0	Tonight's Trader lineup, Tim Seymour, in Vegas.
0:08.5	Dan Nathan, Steve Grasso, and Pete Najarian joins us in just moments.
0:11.7	Tonight on Fast, we are all over the after-resaction Tesla IBM.
0:15.2	And Las Vegas stands all three stocks on the move right now on earnings.
0:18.6	The calls for IBM and LVS are now underway.
0:21.5	Tesla's kicks off at the bottom of the hour.
0:23.6	We'll bring you all the big headlines from those quarters.
0:25.9	Plus crafting a deal, sources telling CNBC the PayPal.
0:29.9	Is in late-stage talks to buy Pinterest.
0:32.4	What a tie-up could mean for these two companies.
0:34.8	And we're trading this record rally.
0:36.4	The Dow hitting a fresh all-time high today.
0:38.5	We'll break down where our traders see the market headed next.
0:42.0	When we start off with the earnings alert on Tesla shares of the EV maker.
0:45.5	Under a little bit of pressure in the after-resaction after reporting its results,
0:48.3	let's get to fill a bow with more on the company's quarter.
0:51.0	Fill.
0:53.0	Melissa, I'm not surprised to see the stock selling off a little bit.
0:55.6	Remember, it's had a heck of a move higher over the last couple of months,
0:58.6	especially over the last month after the better than expected deliveries in the third quarter.
	...

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