EPISODE · Jul 11, 2022 · 42 MIN
What the Dollar’s Rise Means for Earnings, and Why One Trader Went Short on Twitter 7/11/22
from CNBC's "Fast Money" · host CNBC
The dollar keeps climbing to new 20-year highs and is closing in on parity with the euro. So how will the strength impact companies that do so much of their business abroad. Plus Twitter shares plunging after Elon Musk pulled his bid for the company. And that’s got one of our traders making a big bet on the stock. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
The dollar keeps climbing to new 20-year highs and is closing in on parity with the euro. So how will the strength impact companies that do so much of their business abroad. Plus Twitter shares plunging after Elon Musk pulled his bid for the company. And that’s got one of our traders making a big bet on the stock.
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What the Dollar’s Rise Means for Earnings, and Why One Trader Went Short on Twitter 7/11/22
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