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Shares of Apple surged 6% on Friday as investors cheered better-than-expected fiscal second-quarter results and the announcement of the biggest stock buyback program in U.S. corporate history. In theory, Apple's $110 billion stock buyback program should provide a boost to its share price. However, recent history shows that spending billions on share repurchases isn't guaranteed to make the stock a runaway winner. So they've been retiring these shares," Nathan said. AAPL YTD mountain Shares of Apple are still down year to date despite Friday's bounce.
Persons: Dan Nathan, they've, Nathan, hasn't, They've, Apple isn't Organizations: Apple, RiskReversal Advisors, CNBC, Big Tech, Nasdaq, Mobile
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla bull Gary Black and bear Dan Nathan debate what's next after Q3 earningsGary Black, The Future Fund portfolio manager and managing partner, joins 'Fast Money' for a bull versus bear showdown with "fast Money' trader Dan Nathan on Tesla after a miss on Q3 earnings results.
Persons: Gary Black, Dan Nathan, what's, Tesla Organizations: Fund
According to Stifel's Barry Bannister, the market is on a road to nowhere for almost the next decade. "Easy money is behind us, the hard money is now," the firm's chief equity strategist told CNBC's "Fast Money" this week. The price earnings multiple comes down." But it's a strategy "Fast Money" trader Dan Nathan questions during a sluggish market. "I do not think you want to be overweight small caps right here," said RiskReversal Advisors principal Dan Nathan.
Elon Musk's days as CEO of three high-profile companies might soon be over, investor Dan Nathan said. Nathan pointed to Musk's mountain of debt from his Twitter takeover, as well as pressures facing Tesla. "He might be entering the end game here a little bit for being the CEO for all these companies," Nathan said. Tesla stock has rocketed higher in 2023 after a terrible performance last year. "Earnings estimates are coming down, margin estimates are coming down, delivery estimates are coming down, backlog is coming down, and inventory is going up.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFast Money's Dan Nathan Twitter gets suspended over April fools jokeFast Money's Dan Nathan's twitter account was permanently suspended after playing an April Fools joke on Elon Musk.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal trades: Las Vegas Sands, United Rentals, Block & ValeroThe final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Dan Nathan, Tim Seymour and Guy Adami.
In the first quarter of 2023, the S & P 500 is up more than 3%. .SPX YTD mountain S & P 500 YTD However, the "Fast Money" traders said investors are failing to price in tightening credit conditions, as well as a weaker macro environment, ahead of first quarter earnings — particularly in the tech sector. Nathan said consensus estimates for tech stocks are elevated, even as those companies contend with a higher interest rate and inflationary environment. Similarly, investors piled into mega-cap tech stocks after the recent banking crisis, citing their "stability," Grasso said. Trader Karen Finerman was less negative on the sector, saying supply chain issues and a pullback in the stronger dollar have eased this year, weighing less on mega-cap tech stocks.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMajor fintech firm CEO on bank turmoil: Nothing has materially broken yetCurrent CEO Stuart Sopp on whether there's more bank turmoil ahead. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Dan Nathan.
Options Action: Regeneron in reverse?
  + stars: | 2023-03-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Regeneron in reverse? Optimize Advisors' Mike Khouw looks at bearish options bets on Regeneron. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Dan Nathan.
'TikTok ban coming,' says tech watcher Gene Munster
  + stars: | 2023-03-23 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'TikTok ban coming,' says tech watcher Gene MunsterGene Munster, Deepwater Asset Management, digs in on what TikTok means for U.S. social media stocks. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Dan Nathan.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix surges to best day of 2023 on password sharing crackdown in CanadaGene Munster, Deepwater Asset Management, digs in on what TikTok means for U.S. social media stocks. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Dan Nathan.
Options Action: Adobe, Nvidia pair up on A.I.
  + stars: | 2023-03-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Adobe, Nvidia pair up on A.I. Optimize Advisors' Mike Khouw on what's going on with Nvidia options. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Michael Contopoulos, Dan Nathan and Guy Adami.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok likely doesn't get banned fully: Jefferies analyst Brent ThillBrent Thill of Jefferies looks at what government action on TikTok could mean for social media. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Michael Contopoulos, Dan Nathan and Guy Adami.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRise of the Robots: Nvidia and Adobe announce A.I. partnershipNvidia and Adobe announced an AI partnership today at the Nvidia conference. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Michael Contopoulos, Dan Nathan and Guy Adami.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket is mispricing Fed rate policy amid bank turmoil, former Bridgewater CIO suggestsRebecca Patterson, former Bridgewater chief investment strategist, on what the bank turmoil means for the markets. With CNBC's Melissa Lee and the Fast Money traders, Bonawyn Eison, Michael Contopoulos, Dan Nathan and Guy Adami.
Those worries eased Tuesday following comments from Treasury Secretary Janet Yellen saying the government will step in if needed to guard the banking sector against further crises. Regional bank stocks surged, and all three of the major indexes notched their second consecutive day of gains. Regardless, "Fast Money" traders were skeptical of the rally, noting the Fed will have to navigate battling higher inflation against a weaker economic outlook. The S & P 500 seems to be trading as if the shakeup in the banking sector "never happened," said Guy Adami of Private Advisor Group. "Because I will tell you, as much as you think these bank problems are over, I don't necessarily think they are."
Options Action: First Republic the next domino?
  + stars: | 2023-03-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: First Republic the next domino? Optimize Advisors' Mike Khouw looks at some traders who are betting that First Republic could be the next bank to fall. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAuto inventories are rising, but will incentives follow suit? CNBC's Phil LeBeau looks at auto inventories on the rise. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket's realizing the bank system is stabilizing and we're on the road to recovery, says RBC's CassidyRBC's Gerard Cassidy wraps up today's bank headlines. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed needs to 'call a timeout' and stop hiking rates, says Bleakley's Peter BoockvarPeter Boockvar, Bleakley Financial Group, on what bank closures mean for the Fed. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Julie Biel.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto comeback? Bitcoin hits highest level since June 2022Discussing the crypto bounce. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Jeff Mills and Dan Nathan.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChartmaster on what's next for markets after a volatile weekCarter Worth of Worth Charting looks at key levels to watch in the market now. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Jeff Mills and Dan Nathan.
Final Trades: NVDA, CAT & QQQ
  + stars: | 2023-03-17 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: NVDA, CAT & QQQThe final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Jeff Mills and Dan Nathan.
Trulieve CEO talks earnings
  + stars: | 2023-03-08 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrulieve CEO talks earningsKim Rivers, Trulieve CEO, discusses the company's earnings. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoundup of electric vehicle price cuts and production issuesA look at production issues with EV makers as well as manufacturer price cuts and incentives. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
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