Stocks Drop In Major Reversal… And Opportunities In A Red-Hot Biotech Sector 11/20/25

股市发生重大反转……在火爆的生物技术领域涌现机会 11/20/25

CNBC's "Fast Money"

2025-11-21

43 分钟
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An early rally in stocks gave way to a rough sell-off on Wall Street. How Nvidia’s reversal, and a delayed jobs report gave way to a market meltdown, and how Walmart became a bright spot in the down day. Plus, Biotech more than doubling the performance of the broader market, as M&A action lights up the space. Where our next guest sees the most opportunity in the space, and if the biotech boom can continue into year end. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • Live from the Nasdaq Market site in the heart of New York City's Times Square, this is Fast Money.

  • Here's what's on top tonight.

  • Nvidia in reverse the semi-giant giving up gains of more than 5% and ending the day down 3%,

  • what the roller coaster ride means for the rest of the market.

  • And winning Walmart,

  • the retailer beating estimates for the latest quarter and upping expectations for the year,

  • how the big box company is navigating a questionable consumer landscape.

  • Plus digging in on the long delayed September jobs report,

  • a weak signal for internet stocks and more gains in biotech.

  • We talk with one VC about whether the healthy returns can continue for the sector.

  • I'm Leslie Picker in for Melissa Lee coming to you live from Studio B at the NASDAQ.

  • On deck tonight, Carter Worth, Dan Nathan, Guy Adami, and Mike Co.

  • Thank you all for being here.

  • But we begin with the massive reversal on Wall Street.

  • Euphoria over Nvidia's blockbuster earnings last night.

  • Fading fast, the hyperscaler up more than 5% of the open, but ending the day sharply lower.

  • That whipsaw action took the major indexes down with it.

  • The NASDAQ giving up nearly 3% gain today to end the session down more than 2%.

  • The Dow swung more than 1100 points from high to low and the S&P ended the day more than 3% off.

  • its highs all closed near their lows of the session.