Big Tech Leads Stocks Higher and the CDC Votes on Vaccine Distribution

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 1 December 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The top names in tech jumping higher today with Google parent Alphabet hitting an all-time high. What does this say about how markets trade into year end? Plus the CDC voting on who gets the COVID vaccine first, and Salesforce and Slack make it official.

Transcript

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0:00.0	I'm Melissa Lee and this is Fast Money Tonight's Trader lineup, Guyadami, Ryan Kelly, Karen
0:05.3	Finnerman, and our newest Fast Money Trader James McDonald's, CEO of Hercules Investment.
0:11.0	Special Welcome to James, hope you know what you're getting into.
0:13.5	Tonight on fast, Salesforce gets to work.
0:15.6	The stock tumbling in the after hours following earnings and officially announcing plans to buy
0:19.6	slack. The company's calls just picking off.
0:22.1	We will tell you what they are saying about this mega deal.
0:24.0	Plus vaccines gone wild.
0:26.0	One top biotech analyst says the vaccine makers are trading more like
0:30.0	Bitcoin than biotech.
0:31.0	He'll tell us why.
0:32.0	And later, it is the story we all needed in
0:34.6	2020. The Nick Rib is back. We'll bring you all the juicy details
0:39.5	straight ahead. We start off with a record day on Wall Street, the Nasak and S-5-100 hitting new all-time
0:44.2	highs, led by big gains in tech.
0:46.7	Check out some of these moves.
0:47.7	Facebook and Apple both gaining more than 3%, while Alphabet soar to a new record
0:52.8	so as we kick off the final month of this year
0:56.1	you stick with a big cap tech trade guy
1:00.8	well first of all what does that mean what he's getting himself into? I want to say James
1:04.4	McDonald on behalf of the entire Fast Money family, both in front of behind the camera on the sides
1:10.1	of the cameras, welcome our newest member of the
	...

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