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CNBC's "Fast Money"

Gridlock Good For Markets? And Uber Sinks on Earnings

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 5 November 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

As votes continue to be counted in key states, the S&P inches back towards a record high. So will gridlock in DC be good for the markets long term? And another big day of earnings, from Uber to Peloton to Square. We break down the numbers and bring you the trade.

Transcript

Click on a timestamp to play from that location

0:00.0

Good evening everybody. I'm Tyler Matheson in tonight from Melissa Lee and this is

0:04.8

Fast Money. Tonight's Trader lineup Guy Adami Tim Seymour, Karen Feinerman and

0:09.7

Steve Grasso, and tonight on Fast. Stocks surge as the world awaits. We'll break down what

0:15.4

drove today's rally as vote counting continues. Plus we're tracking the

0:18.8

after-hours action in Uber, Peloton, Electronic Arts, and Square All of them.

0:23.2

On the Move, on earnings, and we'll bring you the latest.

0:25.8

Later, Bitcoin breaking out in a big way,

0:28.3

will tell you what sent the cryptocurrency to its highest level in nearly three years.

0:34.8

But we start tonight with the story that's front and center for investors in all of America

0:39.1

right now.

0:40.1

That would be the vote counting that is underway in five key battleground states plus Alaska.

0:46.0

Let's get right to Aaman Javers with more on where things stand at this hour.

0:50.2

Hi Aaman.

0:51.2

Yeah, hi Tyler, take a look at the big board and you'll see that we haven't really moved

0:54.4

all day today in terms of the Electoral College vote count as all the vote counters around the country

0:59.2

are doing their jobs.

1:00.5

Biden 253, Trump 214 in the race to 270.

1:05.0

Joe Biden has more paths to 270 now than Donald Trump does, but it's not over for

1:11.0

either man.

1:12.0

We just got a new batch of data from Pennsylvania. I'm going to give

1:14.4

you that in a second, but let's start with Arizona and you can see where we stand in that

1:19.2

state. They've been giving us some new data throughout the day. 50.5, Biden, 48.1. Trump, that's with 86% in, 11 electoral

...

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