A New Round Of Auto Tariffs… And The Data Center Dash 3/26/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 26 March 2025

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Auto stocks are stalling out, as the Trump admin announces new import tariffs. What those taxes will look like, and how carmakers can handle the rough roads. Plus Hyperscale demand on the rise, as tech leans even more into AI. The names leading the charge, and how one tech giant’s pullback could mean big opportunity for its competitors. Fast Money Disclaimer

Transcript

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0:00.0	Live from the Nazak market site in the heart of New York City's Times Square, this is fast money.
0:05.9	Here's what's on tap tonight.
0:07.3	Tariff troubles, auto stocks tumbling in anticipation of a new round of tariffs on the industry,
0:12.1	the ripple effects and what it means for the rest of the market, and a semi-slide, a drop in
0:16.3	Nvidia shares taking the rest of the chip space down with it.
0:19.4	What's behind the move and what is next for the hypers?
0:22.2	We'll debate that.
0:23.1	Plus a dollar store deal pulled one name out of the discount bin, at least for today.
0:28.3	Nike swooshes to a new post-pandemic low.
0:31.2	And how do you know when it's time to buy Novo Nordisk?
0:34.0	We'll look for some answers.
0:35.5	I'm Melissa Lee.
0:36.2	I'm Melissa Lee, coming to you live from Studio B at the NASDAQ
0:37.7	on the desk tonight. Tim Seymour, C. Grasso, Dan Nathan, and Guy Adami. We start off with brand
0:42.7	new auto tariffs expected to be announced at any moment. Reports that these tariffs were coming
0:47.2	hit the major automakers hard during the trading session with Tesla losing almost 6%. The news taking
0:53.0	momentum out of the broader markets as well.
0:54.8	The NASDAQ falling about 2% during the regular session.
0:57.6	While the SNP 500 dropped more than a percent, the Dow 130 points lower.
1:02.2	Megan Kisela is in D.C. with the very latest on what we should expect, Megan.
1:06.3	Hey, Melissa, as you said, we are waiting on the president any moment now to formally announce from the Oval Office that he will be putting tariffs on imports of all automobiles coming into
1:15.0	the United States.
	...

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