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CNBC's "Fast Money"
Bulls Take on the Bears Over Tesla Stock, Plus Can Bitcoin Keep Rally Keep Its Momentum 11/9/23
Nov 9, 2023
Danny Moses, financial analyst and investor, joins the podcast to discuss Tesla's stock sell-off and a stock with upside. Topics include Tesla's challenges and future prospects, bond market concerns and trade desk forecasts, obesity drug approval and stock pullback, crypto surge and earnings report, potential Bitcoin ETF, and discussion on Draft Kings earnings and profitability.
44:30
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Quick takeaways
- Tesla's stock dropped after a bearish note from HSBC, but the sell-off may be overdone.
- Bitcoin's rally may continue as increasing flows into Bitcoin products indicate institutional buyers positioning for growth.
Deep dives
Capri Holdings Revenue Misses Estimates Despite Earnings Beat
Capri Holdings, a luxury retail stock, dropped in after hours trading after missing revenue estimates. The company beat earnings expectations, but investors focused on the disappointing revenue performance in Macau.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode