Trading the First Half Winners & Losers, and What ANOTHER Hollywood Strike Means for Netflix 6/30/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 30 June 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Nasdaq closed out its best first half in four decades, and Apple finally marked a $3 trillion market cap at the close. But it hasn’t just been big tech soaring this year, and not everyone’s come away a winner. We break down the leaders and laggards and bring you the trades. Plus the Screen Actors Guild could be heading for a strike, adding to the pressures already weighing on the entertainment industry. So which content companies stand to be most impacted? And which ones will be insulated from the drama? Fast Money Disclaimer

Transcript

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0:00.0	Right now on fast, the 40 years in the making, the Nas Act officially closing out its best
0:05.8	start to the year since 1983, Apple lending today is a $3 trillion company for the first
0:11.6	time.
0:12.6	It's up nearly 50% already this year, but it wasn't just big tech on the tear in the
0:16.7	first half.
0:17.7	We take a look at the winners and losers so far in 2023 in which ones have the legs
0:21.2	to run in the second half.
0:22.9	Plus, we're just hours away from the possibility of a second worker strike in Hollywood, but
0:27.2	if actors join writers on the picket line, what's it mean for the companies creating
0:31.0	all the content?
0:32.5	And later points for pop this beaten down stock has seen some positive momentum in recent
0:36.4	weeks.
0:37.4	And the chart master says, the good vibes are only just beginning.
0:40.3	We'll tell you what it is in just a few.
0:42.5	I'm Melissa Lee.
0:43.5	This is fast money.
0:44.5	We're live with the Nas Act market site on the desk tonight.
0:46.3	Karen Piderman, Bono and Ison and Tim Seymour.
0:49.4	We start off with a winning end to a banner first half.
0:52.1	The Nas Act can SMB 500 jumping more than 1% today.
0:55.6	Both indices at their highest closes since April of last year.
0:59.1	The doubt up 283 points just shy of its high of the year.
	...

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