What’s in Store for Warsh, and Countdown to OpenAI IPO 5/22/26
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 22 May 2026
⏱️ 44 minutes
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| 0:00.0 | Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money. |
| 0:06.2 | Here's what's on top tonight. |
| 0:07.5 | The new Fed chair sworn in, Kevin Warsh officially taking the reins of the central bank today. |
| 0:12.3 | But what awaits him as inflation pressures continue to dominate and what could he mean for policy and the markets? |
| 0:18.3 | And countdown to IPO, OpenAI, about to become the latest mega |
| 0:22.1 | unicorn to file its prospectus. What we can expect from the stock when it finally hits the |
| 0:26.6 | market and what's in store for all the other heavyweights filing this week. Plus, is there |
| 0:30.9 | trouble lurking in a Bitcoin market? Dell soars ahead of earnings next week and a chip |
| 0:35.5 | ETF post solid gains without the help of its |
| 0:38.6 | biggest component. What NVIDIA's underperformance this week says about the state of the |
| 0:43.1 | semi trade. I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the desk tonight. Tim Seymour, |
| 0:47.7 | Carter Braxtonworth, Steve Grasso and Bono and Eisen. And we start off with a strong end to what has |
| 0:52.8 | been a volatile week. The Dow gaining about |
| 0:54.8 | 300 points, setting a record closed for a second straight day and hitting an intraday high |
| 0:59.4 | for the first time since February. The S&P in NASDAQ also with solid gains. The S&P notching |
| 1:04.3 | its eighth straight week in the green, its best run since the end of 2023. That seemed well out |
| 1:09.2 | of reach just on Tuesday when the yield on the 10-year |
| 1:11.7 | treasuries were closing in on 4.7 percent, the highest level in over a year, inflation fears |
| 1:17.3 | putting pressure on rates. And while yields pulled back by some on Friday, this morning's |
| 1:21.8 | final read for consumer sentiment in May came in at the lowest level on record, that is the kind |
| 1:26.4 | of economy being inherited by Kevin |
| 1:28.6 | Warsh, who was officially sworn in his Fed chair earlier today. President Trump, who has long |
... |
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