Twitter and Lyft on the Move, and the Great Chip Shortage

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 9 February 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Twitter, Lyft, and Cisco Systems all on the move after reporting earnings. We break down the details and bring you the latest from the calls. Plus companies from GM to Sony raising concerns over a chip shortage. What it means for the semiconductor industry as those stocks touch record highs. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	I'm Melissa Lee, and this is Fast Money.
0:03.0	Tonight's Trader Line up, Guy Adami, Tim Seymour, Steve Grasso, and James McDonnell tonight
0:07.0	on Fast.
0:08.0	We are tracking the after-hers-action lift, Twitter, and Cisco.
0:11.0	All three stocks on the move after reporting results will break down the numbers and bring
0:14.3	you the trades.
0:15.3	Plus, the chip crunch, a growing number of companies ringing the alarm about a global
0:19.1	chip shortage.
0:20.1	We'll look at the winners and the losers in the semi-squeez.
0:23.0	And later, Pat Stocks, blazing higher, is it too late to get in on the cannabis craze?
0:27.1	We'll debate that.
0:28.1	We start off with an earnings alert on lift.
0:30.2	The stock is rallying after hours.
0:31.9	We're getting very positive commentary about the future for the company's conference
0:35.7	call.
0:36.7	Let's get to Deidre Bosa, who is fresh off that call, Deidre.
0:41.2	That's right, Melissa.
0:42.2	And let me bring you the thing that I think was most important where you really started
0:45.1	to see shares move up even further.
0:47.4	CFO Brian Roberts, he just says that he expects Q1 to be the last quarter with negative revenue
0:53.3	growth in 2021.
0:55.1	He also said that they could achieve adjusted EBITDA profitability earlier than expected in
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.