The Next Great Rotation… And Wall Street Sours on Coreweave 7/8/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 8 July 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Big banks head lower as investors scoop up beaten down sectors like small caps, healthcare, and airlines. Could the next great rotation in the market be underway? Plus Coreweave shedding some of its gains after the company announced a data deal, and the acquisition is fueling Wall Street pessimism on the name. What one top analyst sees in store for the stock. Fast Money Disclaimer

Transcript

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0:00.0	Live in the NASDAQ market site in the heart of New York City's Times Square, this is fast money.
0:05.9	Here's what's on tap tonight.
0:07.2	A big bank breakdown.
0:08.4	The money center's dropping as earnings season draws near.
0:11.2	Did the names get too rich and our regional is prime for a rebound?
0:14.3	We'll debate that.
0:15.3	And an energized trade after a slow start to the year oil stocks in rally mode today. What to make of the gain and how much longer it can last.
0:22.7	Plus, why analysts aren't so confident in Coriweeve's latest buy,
0:26.7	Baba gets a bounce and boosts a couple of our traders' acronyms.
0:29.8	And we're heading live to Sun Valley, Idaho for the Allen & Company Conference.
0:33.5	What we can expect to hear on streaming, dealmaking, and much more.
0:36.9	I'm Melissa Lecombe, Live from Studio B at the NASDAQ.
0:39.2	I'm the desk tonight.
0:40.1	Karen Feinerman, Dan Nathan, Guy Adami, and Danny Moses, founder of Moses Ventures.
0:44.6	We start off with what might be the next great rotation.
0:47.1	Capital flushing out of the big banks, JPMorgan, Bank of America, Goldman Sachs, all seeing big losses today after HSBC downgraded these names.
0:54.8	City and Morgan Stanley down as well.
0:56.9	Meanwhile, some recently struggling sectors of the market also catching a bid.
1:00.9	Small caps, health care, airlines all rising today.
1:04.1	So what do we make of the shift in the markets, Guy?
1:07.3	Hello, Melissa.
1:08.1	Welcome back, Guy.
	...

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