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The One Word to Describe the Markets, and Why Retail Traders Are Driving Into Tesla 1/23/23

CNBC's "Fast Money"

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Fast Money Media Stocks Heading Higher Today

Media stocks and streamers are far outperforming the market continuing on Friday's gains. Netflix shares gaining about 4.5% today to end the day at around $360 just under that bolstered by an Argus note that raises price target on the stock to $390. Paramount Global shares up over 4% after JP Morgan wrote that they expect Paramount Plus to report record net additions when they report earnings. Warner Brothers discovery should gain 1 million directors consumer subscribers this quarter driven by better turn and engagement helping Warner Brothers discovery shares gain nearly 4%. Meanwhile we have to point out that Fox shares are up 3.5% tonight Disney shares up over 2% Comcast shares up to and a quarter.

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