The Most Important Charts In The Market… And Viking’s Weight Loss Surge 10/24/24

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 24 October 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The traders lay out the most important charts in the market right now, as the Dow notches its fourth straight day of losses. Why you need to keep an eye on rates, semis, transports, and more. Plus A biotech boom… as Viking Therapeutics surges as it inches closer to a weight loss drug pill. The cash they have on hand, and why investors believe it can help tip the scales in the obesity drug race. Fast Money Disclaimer

Transcript

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0:00.0	Live in the Nesac Market site in the heart of New York City's Times Square, this is fast money.
0:04.8	Here's what's on tap tonight.
0:06.2	An electric performance, Tesla jumping more than 20 percent, following a better than expected
0:10.5	earnings report and a bullish growth forecast by Elon Musk.
0:13.7	Is the EV Maker back on track after its best day in over a decade?
0:17.2	We will debate that.
0:18.3	Plus delivering returns, UPS surging as package volumes rebound and cost controls take hold. The analyst who put
0:24.7	a cell rating on the company just this week will be here. Will defend his
0:28.4	call or change his tune? And later the Quad combo pill giving Viking therapeutics a shot in the arm, a disaster
0:34.3	stay for mining giant Newmont and still grounded at Boeing.
0:37.5	What happened now that the union voted down the company's latest offer?
0:40.9	I'm Melissa Lee, come to you live in studio be at the
0:42.8	Nasak on the Destinyay Carterworth. Karen Finerman, Dan Nathan, and
0:46.7	Guyadami. We're going to get to the markets in just a moment but we start with
0:50.3	some breaking news that we've gotten in the retail space.
0:52.8	She shares the Michael Cor's parent Capri.
0:54.9	Cut in half after hours after a US judge blocked its merger with tapestry,
0:59.5	the owner of Coach.
1:00.5	Let's get to see NBC.
1:01.8	Gads, Gabrielle Vanle for more on the story.
1:04.0	Gabi.
1:05.0	Yeah, thanks Melissa.
	...

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