The $2 Trillion Market Puzzle

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 8 March 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

While the Dow hit an intraday record and the S&P ended the day just a few percent from an all-time high, the biggest company in the U.S. didn’t go along for the ride. Apple is down 9% over the last week. So what gives? Plus what the latest cyberattack on Microsoft means for the security companies guarding the U.S. tech infrastructure. 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	I'm Melissa Lee and this is Fast Money.
0:03.0	Tonight's Trader lineup,
0:04.0	Diadami, Tim Seymour, Karen Farnerman,
0:06.0	and Bono and Iceland tonight on Fast,
0:08.0	the Red River Bellium strikes back,
0:10.0	GameStop going wild again today,
0:12.0	and the monster move is giving new meaning
0:14.0	to the retail trade.
0:15.0	We'll explain that.
0:16.0	Plus, new fallout this hour to that massive hack attack,
0:19.0	30,000 U.S. companies possibly hit.
0:21.0	The key cybersecurity stocks that could see the most impact.
0:24.0	And later, taking flight,
0:26.0	airline stocks soaring today,
0:27.0	why now could be your last best chance
0:30.0	to book a ticket on this reopening trade.
0:32.0	But we start off with another tech rack,
0:34.0	the Nasak falling 2.4% today,
0:36.0	officially pulling the index into a correction.
0:39.0	The Nasak is now down more than 10%
0:41.0	from its February 12 closing high.
0:43.0	Leading today's losses, Apple,
	...

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