Banks Break Down… And Alibaba’s Big Run 2/20/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 20 February 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Financial stocks getting hit in today’s session, with the likes of JPMorgan, Goldman Sachs, and Morgan Stanley all taking it on the chin. And one of our traders is seeing even more pain in one section of the trade. Plus Alibaba surging more than 60% this year, and it’s only February! The latest earnings results that had investors boosting that name even higher, and how it could impact the broader China trade. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market side in the heart of New York City's Times Square.
0:05.2	This is fast money.
0:07.0	Here's what's ahead this hour.
0:08.7	Financial flop.
0:10.0	Bank stock investors taking it on the chin today.
0:13.1	Some big names, seeing their worst drop in months.
0:16.0	Walmart getting wallop.
0:17.7	It rolled back its stock price.
0:20.2	But it's had an epic run. So what's the real
0:22.7	story around Walmart? Plus, Baba's bounce gets bigger. Wow, alliteration. Meaty, beady, big, and
0:30.3	bouncy. Palantir cashes out to its worst two-day run in over a year. And cruise stocks, Tim?
0:36.9	Yes, how about them?
0:37.9	They got docked.
0:38.9	They got docked.
0:39.5	They got docked.
0:40.4	I am Brian Sullivan in for Melissa Lee tonight.
0:43.1	And as always, we are coming to you live from Studio B at the NASDAQ and on your desk tonight.
0:49.1	Mr. Tim Seymour, Karen Feynman, Dan Nathan, and Guy Adami.
0:54.7	Good to see.
0:55.3	I have not been here in the new...
0:57.0	Come, can we clap? Let's clap on it.
0:58.9	This is the first time since that new show.
	...

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