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CNBC's "Fast Money"

Two Big Tech Events On Deck… And China’s Property Rescue 5/17/24

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 17 May 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Tech in focus as Microsoft and Nvidia both gear up for big events next week. How Microsoft’s AI ambitions are being received, and if Nvidia can beat expectations when results cross the wires. Plus China’s central bank to the rescue. How regulators are hoping to get consumers spending again. Fast Money Disclaimer

Transcript

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0:00.0

Life in the Nesac Market site in the heart of New York City's Times Square on a night

0:05.8

when the Dow closed above 40K for the first time.

0:09.4

This is fast money.

0:10.4

Here's what's on tap tonight.

0:11.8

Big tech on deck, Microsoft getting ready to

0:13.7

launch its co-pilot powered PCs, while AI Darling Invidia preps for earnings. What these two

0:18.8

events could mean for the red-hot trade in the week and months ahead. Plus propping up the property market China

0:24.3

announcing new measures to help its struggling real estate industry get back on

0:28.1

solid foundation but will they succeed in what's it mean for Beijing's economy. And later, heavy metal moves

0:34.4

from gold to silver to uranium, what is driving the hard commodity gains?

0:38.0

Transports get stalled even as a broader market to trade near records and Robin Hood rips higher.

0:43.6

The call driving that stock toward three-year highs.

0:46.6

I'm Melissa Lee coming to you live from Studio B at the Nasak on the desk tonight.

0:50.1

Tim Seymour, Steve Grasso, Guyadami, and former Bridgewater Chief Strategist Rebecca Patterson.

0:55.2

And we start off with those two big tech events coming your way next week, the Microsoft

0:59.2

Build Developers Conference and NVIDIA Earnings, Microsoft set to give updates on its marquee AI assistant

1:05.0

co-pilot.

1:06.0

The company also expected to show off a new line of PCs before Build officially kicks off.

1:10.8

We'll get more on that in just a few minutes, but first to

1:12.7

Invidious report, the semi giant expected to say EPS more than Quinn

1:16.8

tuppled from a year ago, driven of course by demand for its AI product.

1:20.8

Sheres up nearly 40% since at last posted results and more than 85% already

...

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