Netflix, United Airlines Report… And Natural Gas Surges Amid Freezing Temperatures 1/20/26

18:27Karen Finerman:Well, you know, I'm technically long as of last week. I thought the setup for the earnings was really in the favor of the bulls. And I think if you can look out 12 to 18 months, there's no question that the multiple is interesting as you get into 27. Listening to Sarandos, there's two or three things that sound horrible for margin. The competitive landscape, and he's emphasizing it. They're on the tape talking about production capacity that they now have. And they're saying we're no longer making cat videos. We're a TV company. I mean, do you want to be a TV company? And, I mean, cat videos, you know, I think are fine.

18:59Karen Finerman:But ultimately, the messaging from Netflix here is a 35 multiple, which you were paying last year and OK to pay. It's a different time. And that's the biggest issue. The earnings were fine. The earnings are going to be fine. The ad generation. And so the you know what we're getting in terms of those ad comps north of 50 percent growth going to be great. Are you paying 35 times for it? I don't think so.

19:24Tim Seymour:Is there some degree, though, of playing down everything on the part of Sarandos so that the deal, I mean, it looks like it's a super competitive industry and the deal has to go through because of all these pressures that they are facing. Antitrust. He doesn't win if he's saying everything is great and we've got great margins and we've got pricing power. I mean, it just doesn't work that way. Yeah. They want to be an under-promise, over-deliver, right? Yeah. And that's what happened. These numbers are actually, for this quarter, very good.

19:51Melissa Lee:Well, there's an argument to be made that maybe Paramount goes to the Warner board and says, hey, look, these guys aren't doing it. I mean, there's lots of different ways to think about that, right? I mean, I would have thought coming into this, you'd rather be in a position of strength. You'd rather put up a big quarter with good guidance and be able to articulate how your company is going to be able to better integrate Warner Brothers and how they're going to be able to take costs out and actually grow margins and the like. And I mean, Tim's point about the advertising thing, I think that'll probably fit better in some of these new properties that they have.

20:20Melissa Lee:They've been growing it really fast. It's really great margin sort of business. But, again, I think it's really hard to say. I would have, if I'm Sarandos, and you guys would all like me to be Sarandos, there'd be no cat videos, Tim, in that world. You know, I'd probably want to have a stronger outlook than what they did. I think there were lots of puts and takes for both. What's a cat video? That's the YouTube. What's a cat video? The cat videos, that's what the people are there for. It's not a euphemism for anything, guys. You just keep moving. I'm hoping that it's not. It's not your joke. I thought the quarter was fine.

20:49Melissa Lee:I thought the quarter was real. I think the guide scared people and the fact that they talked down margins. But, listen, I said last week I thought it set up really well under earnings. That's clearly wrong. But I think the sell-off, now it's completely overdone to the downside.

21:03Tim Seymour:Coming up, we'll keep watching Netflix after hours, bringing the headlines from the company's conference call as we get them. Plus, the details reunited the latest quarter in an exclusive interview with CEO Scott Kirby on the airline's next move. But first, plunging temps sending net gas prices spiking. the next move in energy as millions face a blast of winter weather. Don't go anywhere. Fast Money is back in two. At Venture Global, we think about what can be done, not what's usually done. Through innovation, Venture Global is not only building some of the largest energy facilities in the world

21:36Karen Finerman:right here in the United States, but delivering American energy at a fraction of the cost and a fraction of the time. So while others are busy talking, we're busy building. That's Venture Global. That's unstoppable energy. My mom inspired me to dream big and work hard. Sign her annums! What would you like the power to do? Bank of America, proud to be the official bank of U.S. soccer and FIFA World Cup 2026. Bank of America N.A., member FDSE.

22:09Melissa Lee:It's my first day of work and I need to make a big impression. From executive producer Mindy Kaling.

22:14Tim Seymour:This is our sexual harassment training. Hands off your co-workers. Now sign this saying that I trained you or you're fired. Yes, ma 'am. Work relationships are too messy. I just met the woman of my dreams. You gotta chill out and not come on too strong. That goes against my entire personality, but I'll try. Watch Not Suitable for Work, now streaming on Hulu and Hulu on Disney Plus for bundle subscribers. Terms apply. Welcome back to Fast Money. Brutally cold temperatures hitting much of the U.S. as Arctic air blasts through major cities. And there's more to come. A big winter storm forecast to hit the southern Rockies and the Plains and the South by Friday, eventually reaching the East Coast this weekend, according to the National Weather Service.

22:56Tim Seymour:The frigid weather causing natural gas prices to soar nearly 26 percent today. That's the biggest jump in four years as heating demand spikes. So major moves here. We saw some nat gas drillers moving sharply higher in today's session. I mean, Paul, for you and G-Chart, and I'm not advocating to get into this because it's a very poorly constructed. But when you see a move of this magnitude today, I mean, it tells you everything you need to know. In a past life, we call natural gas the widow maker. And that's exactly for things like today. Now, the weather will pass and this will pass as well. However, the energy trade will not pass.

23:31I think this is just one more reason to like what's going on in the energy space.

23:35Tim Seymour:There's an economic impact, though, theoretically, for a prolonged cold streak. People aren't going out as much. They're not shopping maybe as much. They're not, you know, doing all these things.

23:44Karen Finerman:Yeah, I think that's right. I mean, structurally, it's hard to feel like anything has changed. But there's no question this has been an extreme winter across actually a lot of parts of the world. And the cyclicality of that will affect. There's also been an element of where lower gas and energy prices have been a tailwind to a lot of economies, especially Europe, that about, you know, certainly go all the way back to Ukraine invasion, where, you know, biggest impact on Germany outside of defense concerns was the impact on energy. So higher net gas prices, not great. Chenier LNG is a name I think is very interesting here.

24:16Karen Finerman:After you've priced in a lot of bad news over capacity, and I think actually was cheap going into this, there's one to look at.

24:22Tim Seymour:Coming up, a bright spot in today's Sea of Red, why shares of Intel bucked the trend and where the traders see that name heading next. Plus, all the headlines from Netflix's conference call what one top analyst is hearing and the latest details on its Warner Brothers bid. You're watching Fast Money Live from the NASDAQ Market Site in Times Square. Back right after this. Right there, behind you.

24:48At Venture Global, we think about what can be done, not what's usually done.

24:54Karen Finerman:Through innovation, Venture Global is not only building some of the largest energy facilities in the world right here in the United States, but delivering American energy at a fraction of the cost and a fraction of the time. So while others are busy talking, we're busy building. That's Venture Global. That's unstoppable energy.

25:18Tim Seymour:I'm honored to make history and to make my community proud. What would you like the power to do? Bank of America. Proud to be the official Bank of U.S. Soccer. Bank of America and a member FDSC.

25:33Melissa Lee:It's my first day of work and I need to make a big

25:36Tim Seymour:impression.

25:37Melissa Lee:From executive producer Mindy Kaling.

25:39Tim Seymour:This is our sexual harassment training. Hands off your co-workers. Now sign this saying that I trained you or you're fired. Yes ma 'am. Work relationships are too messy. I just met the woman of my dreams. You gotta chill out and not come on too strong. And that goes against my entire personality, but I'll try. Watch Not Suitable for Work, now streaming on Hulu and Hulu on Disney Plus for bundle subscribers. Terms apply. Welcome back to Fast Money. One bright spot in the semi-sell-off today. Intel resuming its rally, jumping almost 7 % at its highs and ending the day up 3.4%. Analysts at Seaport upgrading the stock from a neutral to a buy.

26:16Tim Seymour:Sending an improving foundry outlook and strong PC sales. Intel shares are up more than 30 % since the start of the year. The company reports earnings on Thursday. Dan, what did you call? Use the D word? I don't know. What's the D word? The D word. Dumb. Oh, that's a gentle D word.

26:33Melissa Lee:It's one of the dumbest moves I've seen in the stock in a very long time. You think about that upgrade. I mean, here's an analyst who's been bearish. And again, it probably was easy to do so on fundamental reasons. And something changed, obviously, this summer when the government took a stake. And then obviously this company, you know, just said they're going to get into manufacturing. But on the PC front, I do think it's worth noting that obviously, you know, Intel is a huge customer of Dell. Dell is down 35 percent in the last month and a half. And Intel is up 35 percent in the last month and a half.

27:02Melissa Lee:So when you think about this disconnect, you think about what analysts are talking about with PC demand. It has not been apparent. I mean, Dell told us that when they reported last month. And if you're waiting for a AI PC upgrade cycle, I wouldn't hold your breath. Yeah. So Dell, I mean, PC refresh, which I've been much more optimistic about than was warranted, hasn't happened. But for Dell, not only did not happen, they lost share in the PCs that did get sold. So I don't know that I would call this dumb. I agree that the valuation here seems stretched and a lot of good things priced in. For Intel.

27:38Yeah, for Intel. I know CPU demand if, you know, if PCs really take off. But I would not be a buyer here. And D, of course, is the. D is the. It's a letter in my acronym.

27:48Tim Seymour:Bidang. Bidang. Bidang. Bidang. Yeah. Meantime, we did see huge gains in the memory stocks today.

27:56Karen Finerman:And they seem to be immune from the broader cell. Also, if you look at the semiconductor index, the stocks, SMH, whatever you're tracking, Unlike the NASDAQ or Triple Q's or the SPYs, which went through the 50 today, we talked about the start of the show, the semiconductors have not. And in fact, the semiconductors chart looks a little different here. And it has been more resilient because of this view of different parts of the memory complex, which I don't know how you don't get back to their commodities. And at some point there's a production response because that's truly what it says. It does tell you demand is not abating.

28:33Tim Seymour:Yeah. Guy. Micron was a$90 stock in March, so less than a year ago. It's trading$365 today. Forget about valuation. It's not about that. It's your belief that somehow a highly cyclical, highly commoditized industry is now no longer that. And I don't believe that to be the case. It's not different this time. Coming up, all the headlines from the Netflix conference call what's moving the stock after hours and where shares are heading next. More Fast Money in 2.

29:07Tim Seymour:Welcome back to Fast Money. Stocks dropping to start the holiday shortened week. Major averages all posting their worst day since October. The Dow falling nearly 900 points. The S &P down 2%, falling below its 50-day moving average for the first time since December 18th. And the Nasdaq leading the losses down 2.4%. Shares of Lululemon dropping 6.5 % today. Founder Chip Wilson reportedly looking to oust private equity firm Advent from the board in an ongoing proxy fight launched late last month. Separately, Lulu also pausing online sales of a new workout line of leggings after complaints the material is too sheer and not...

29:41Tim Seymour:Okay, this is in the prompter. It's not squat proof. You didn't say that. You did not say that. I swear, it was in the prompter. She had to read it. But that's a complaint. What does that even mean? What does that even mean? What does it mean? It's called the go-low line. Right, it's too sheer. They've had this sheer problem before. But what happens when you squat? Well, it's not squat proof. Maybe it becomes too sheer. I guess it's a big problem.

30:03Karen Finerman:I guess. Be careful of the squat. You want to be able to squat. Look, New Year's resolutions are out. I think there's probably more squats in 26.

30:11Tim Seymour:Especially in January. Squats are seasonal, maybe. Anyway. We can go on. But we won't. I promise. Another check on Netflix here. The stock around the lows of the after-hour session following the streamers narrowed. Earnings beat the conference call wrapped up a few minutes ago. Let's bring in Rich Greenfield of Lightshed Partners, who was on the call. He's got a buy rating on Netflix stock. Rich, great to have you with us. I don't know how I follow that last segment. It's not easy. It's not fair. You don't have to talk about squats. What did you make of this quarter? And what did you hear from Ted Sarandos about this deal?

30:48That they are absolutely committed to getting to close, right? Like, they want this transaction. Obviously, they showed flexibility in adjusting to all cash. I think that's great, makes it easier and faster to move this forward from a proxy standpoint. They'll probably get a vote in March or April. And look, I think this really you see how focused Netflix is on winning this. I mean, again, nobody thought they were a bidder. And look, I think even listening to Ted and Greg on the call today, they were pretty clear that when this all started, they were sort of anti acquisition. And as they got into it and they started doing due diligence on Warner Brothers, they believe this was something they had to have.

31:30And so I think that this is what makes it really hard. You know, you saw the commentary in the proxy this morning from Warner Brothers. It's going to be really hard for Paramount to come back because there is more value to the Discovery Global, the to be spun off piece of this that Netflix isn't buying than what Paramount had talked about. They had said it was worthless. Warner Brothers has said it's worth three, four, five, maybe even six dollars a share. That makes it very hard for Paramount to come back unless they're willing to really overspend on this, like to do something truly crazy from a valuation standpoint.

32:05And I don't think that makes sense for Paramount. So Paramount should just, I think, pack it in and go do something else with their cash rather than overspend to buy Warner Brothers. I doubt they'll do that, but I hope they do. For Netflix, I think they're really focused on winning. And it was interesting. they are far more confident in regulatory approval than what investors currently, when I talk to investors, they do not have Netflix's level of confidence on the regulatory side. And that was interesting to hear today. Richard's Karen. So are you happier with Netflix? Let's say there were no Warner Brothers deal.

32:39Let's say it were just continue to remain independent. Do you like Netflix now with a combined, let's say they pay up some more from here, which I think they will have to do to close, or would you have preferred old Netflix?

32:55Look, at this price level, Karen, I'm not sure it matters. You know, you've sort of been tagged for, right now you're tagged for doing a large deal. Netflix has never done a large deal. So you're sort of in that deal hell right now or deal limbo. Paying a couple dollars more in the scheme of Netflix. I mean, they just they're going to generate 11 billion dollars of free cash flow, at least in 2026. So I don't think paying a couple dollars more is all is not going to skew this. I think the question is, is does Paramount come out with some, you know, 35, 37? Like, do they just literally go for broke?

33:30And even though it's too much and too overvalued to do it, do it anyway? And I think Netflix will pay any price. So, Karen, I think there is a price where Netflix walks away. I think they really do want this. So I think you're in this position now where Netflix wins within this range of a couple dollars. The stock's going to go up over the next year. They end up losing because of a knockout bid from Paramount stock is going up because it shouldn't be this far down on this process. So I think Netflix ends up being sort of a win win. Which do I prefer? I mean, look, I think from the power that, you know, if you think about sort of the what they can do with Warner Brothers, I think it's hard not to be attracted to the opportunity.

34:11If you think back to Disney and Bob Iger and what he was able to do, he made the acquisition of Lucas, Pixar, and Marvel. And those content acquisitions were transformative. I think of Warner Brothers as sort of being a similar transformative acquisition. Just imagine what Netflix can do with all of that IP over the course of the next decade.

34:33Karen Finerman:Rich, before we started talking about squats, which I'm guessing you're wearing good old-fashioned sweatpants in the gym. I'll do squats with you anytime, Tim. Let's go. Wow. Let's take this offline. No, I think it's great. But the conversation was more about, are some of these headlines that we're seeing out of Netflix, are they dressing for antitrust? Are they dressing for selling the Warner Brothers board? I mean, they're talking about here how excited they are, and we know they are, but about what they're going to do with their theatrical distribution business, for example. So I'm just curious, should investors kind of read through some of this, including the things that we thought were margin negative and know that some of this is window dressing?

35:11Look, we called Ted out on it directly. Ted Sarandos, the co-CEO of Netflix. We called him out in a piece we wrote this morning that he's made very public comments that consumers don't hate movies. They hate having to go to theaters and the long windows. and he's now talking about the fact that they're going to buy Warner Brothers with 45-day windows enacted for all of those Warner Brothers movies. Those obviously seem very much, you know, like they don't make sense when you put them back to back. He literally came out and responded to that question we had on the conference call and said, look, when I made those comments before, we weren't in the theatrical business.

35:48We make this acquisition, we are in the theatrical business, and just like we've evolved on advertising, evolved on live programming, and evolved on sports, We're going to evolve on theatrical. You know, obviously, you know, who knows ultimately what happens? I mean, there is this larger question. Forget about what the window is today, Tim. The larger question is consumer behavior is shifting. Forget Netflix. Forget Warner Brothers. People are going to the movies far less than they used to. Attendance, meaning butts in seats, are down 50 percent from pre-pandemic times, meaning 2019. So whether or not the window stays at 45 days, the whole theatrical business needs to change.

36:25with or without Netflix.

36:27Tim Seymour:Rich, thank you. Thanks, Melissa. Lots and buts in the same segment. I mean, who would have thought? Coming up, we're watching United Airlines after its latest earnings report, the details from those results, and what CEO Scott Kirby has to say about the quarter, the exclusive interview when Fast Money returns.

36:51Tim Seymour:Welcome back to Fast Money. United Airlines shares are higher by about 3 % after hours. The company posting better than expected earnings for Q4, saying 2026 is off to a strong start. For more on the results, CNBC's Phil LeBeau joins us with United CEO Scott Kirby. Phil. Thank you, Melissa. Scott, Melissa set us up by explaining the results from the fourth quarter where you beat the street. I want to talk about what you're seeing right now. How strong is the demand you've noticed, even in this short three-week window of 2026? Yeah, well, I'll start by saying thank you to the entire United team for a great 2025.

37:24A lot of headwinds in the industry, but we have a no excuses culture at United. We're the only airline in the country that managed to grow EPS year over year. But as we enter 2026, there's really cause for optimism. We're off to a really strong start. Demand is really strong. The last two weeks have been the first and second highest booked revenue weeks in our entire history. But business demand is up well into the double digits. In fact, the five biggest booking days for business in our entire history have all happened within the last two weeks. Demand is off to a really good start. Premium revenue up 9%, basic economy up 7%.

37:59But you've heard the talk of the K-shaped economy. Are you worried about the basic economy consumer, if you will, slowing down or not being able to keep up or showing cracks? Well, you know, at United, we do index more to the premium, to the other leg of the K economy, and that's helped us do well. But we've focused on the entire airplane and the entire cabin and winning share. And we've been winning share. And so our main cabin is not doing as well as premium, but it's still doing pretty well. And so we've been winning share there. And we've been investing in that. Like one of the cool things we just announced this week, we're the only airline in the country that has ovens in coach, and we're going to have hot meals where customers can order in advance in code.

38:39So we've been investing for the entire cabin, and that's paying off with winning customer share across the board. You're also bringing in, what, about 120 aircraft this year? Most of those are going to be single aisle, but you're also bringing in 787 Dreamliners, and you've also converted some of your order for the larger variant of the Dreamliner. Is that a reflection of the fact that you want to up-gauge as much as possible coming out of the U.S.? Well, we are trying to up-gauge, and it is exciting next year. We're going to take about hundred narrow bodies twenty wide bodies that three wide bodies by the way is the most in the u.s.

39:10airline is taking a single year since nineteen eighty eight uh... so we are excited about that growth the updates is seventy seven dash ten you know is really it's somewhat reflective of of uh... a demand environment where we want higher gauge we have limits on our ability to grow in a place like newark only to run one set of parallel runways uh... and getting bigger it was also really just tactical about where we're gonna fly the aircraft so those sort of normal tactical adjustments that we make. The tariff headwind was one that you felt in the first half of the year. All airlines felt it. Are you worried about what you're hearing between the U.S.

39:42and Europe over Greenland and a possible another tariff war? You know, we've spent a decade trying to build a brand loyal airline for customers. That's the best airline in the history of aviation. And what that means is that there's ups and downs all the time. There were a lot, you know, of issues that happened in 2025, and yet the team had no excuses culture and still delivery. You build a brand loyal airline like that, you can kind of get through these events that are going to happen. That's just part of our business. As I look at the full year, our guidance, we also guide conservatively. And even with this, our guidance is probably more conservative than normal as we had in the year.

40:19And you're still expecting a record year, potentially profit-wise. Yeah, we are expecting it. Certainly if demand continues anywhere close to what it is now, our guidance will appear conservatively. Quickly on the corporate side, If there is a tariff war, does that reflect in corporations saying, let's dial back on travel? You know, it can, but it tends to be short-lived. So, you know, Liberation Day last year, you know, we had a few weeks where bookings kind of pulled back, particularly from corporate. But it was only a few weeks when they started recovering again. And so these things tend to have a pretty short impact in the booking window.

40:52And I would guess the same will be true this year. Scott Kirby, CEO of United Airlines. Hey, they're celebrating 100 years. New livery on the plains back here down in Houston. Guys, we'll send it back to you.

41:02Tim Seymour:All right, Phil, thank you. Phil LeBeau with United CEO Scott Kirby. Tim, you like this trade?

41:07Karen Finerman:I like the trade. I like airlines. I like Delta more. I think Delta's a$100 stock in the next 12 months. What I love about what Delta and United are doing is, like, you may not like it as a passenger, but they're extracting money from every part of the cabin. The premium, the front of the bus, the demand that he's talking about, and the margin that's there is extraordinary. They've never been run better. I think airlines are yet to really re-rate from pre-April, where they were starting to re-rate. I think that's a case. The free cash flow yields on these companies are great. It's around 8.5 times forward on United.

41:39Karen Finerman:I think you can own both, but I prefer Delta.

41:41Tim Seymour:Ovens and Coach. That could be a big draw. I like my warm nuts. I don't think they're going to be warming nuts in those ovens in Coach, but that's my guess. You said meals.

41:50Karen Finerman:Do you do it yourself?

41:58I'll say this quickly. Listen, great quarter. I mean, and I would have said this to him. First of all, the videos are great. The safety videos are entertaining as hell. But when you guide the first quarter for$1 to$1.50, why bother? I mean, that to me is like, you know what, full year guidance is what it is. First quarter we're not going to guide. Valuations are always reasonable. The question is, are we sort of at the other end of the spectrum here? If the unemployment rate starts to move, airlines will suffer from that.

42:23Tim Seymour:Coming up, the surge in structure. The biopharma stock on a huge tear this year. The reason for today's move. And can the stock push even higher? More Fast Money in two.

42:40Tim Seymour:Welcome back to Fast Money. Structure Therapeutics getting another boost today after Guggenheim hiked its price target to$140 from$90 a share. Analysts expecting the biotech company's Phase 3 oral GLP-1 drug and, as it's Phase 1, amylin agonist, both to be commercially successful. The new price target implies a move of more than 50 % higher from today's close. Structure is already up 30 % this year. It is the G in bedang. Exactly. So easy to get. Bedang. At least you follow the rule there. Yes. Well, I was actually, you know, I just first saw just the headline 140. I thought it must be on a, you know, that must be on a takeout expectation or something like that.

43:21This is not what that was. As you said, this is just them getting to, you know, commercial viability and what they think they can do. And I know, Guy, you think this, too. It's not a crazy thought that this is a target that is right for somebody. I know you did the interview with the CEO last week. I have to think his dance card was absolutely full of the JP Morgan conference. And I know he didn't want to say anything about it, but how could it not be? So I do think a takeout is likely, I don't know, possible for sure. If I knew how to jam structure it in my junk, trust me, it would have been there.

43:56But unfortunately, I couldn't do it. With that said, good for Karen for getting it into D-bang or whatever bang is going on. Because it makes a lot of sense. And I do. Six million dollar company. Look, in my opinion, by sometime towards the end of this year, it's a double from here. And the fact that they got through that move to$70 and now there's a proof of concept, this makes them far more valuable now than when they were$20 stock when people were sort of on the fence. So I think it goes higher.

44:23Tim Seymour:You see this go higher. Does that make you think Novo?

44:27Karen Finerman:Well, no. Look, there's an argument that actually it takes the valuations of these others higher, that the addressable market is that much more secure. But, you know, this has been part of the conversation. Is this now getting to a place where you have real players, I should say, players that are able to extend the move that Lillian Novo have had? I'm Long Novo. This doesn't scare me.

44:49Tim Seymour:What if Novo is the buyer? Oh, that's interesting. Yeah, they did try for MetSara very hard and they did not get it. So, yep. Up next, final trades.

45:07Tim Seymour:Time for the final trade on this Tuesday. Let's go around the horn, Tim Seymour.

45:11Karen Finerman:Yeah, we flew around a lot of topics tonight on this desk, but the topic of airlines I think is one that will continue to re-rate. I like Delta. Karen. Yes, Missy, congratulations on your additional show. Thank you. You didn't seem nervous. I think you did an excellent job. She can get through this. I mean, right. So Netflix, I would wait a day or two, but I do like it here. Dan.

45:34Melissa Lee:That little girl's all grown up. You know what I mean? Like, we were all probably on her first show that you hosted. Ever. Ever. All of us. Like, yeah, 18 years ago. Yeah, how about that?

45:44Tim Seymour:Yeah.

45:45Melissa Lee:Intel, I would not chase it into Ernie.

45:48Tim Seymour:Guy. Guy, wait, wait. No potty mouth in the final trade. I didn't say it. We had a lot of potty mouth tonight. Disappointing. Okay. I won't say it. You only have 15 minutes. You got TransOcean. Comes out rigged. All right. Thanks for watching. Fast 20. See you tomorrow on Overtime. Mad Money with Jim Carrey starts right now.

46:33upon as such.

46:34Tim Seymour:To view the full Fast Money Disclaimer, please visit cnbc.com forward slash Fast Money Disclaimer.

46:39Karen Finerman:There's a pill version of Ozempic! Hello, I'm Ozempic, and I'm other GLP-1s kind of like him. Hey, did I hear there's a pill version of Ozempic? Yep, you sure did. Ask your doctor about which FDA-approved uses of the Ozempic pen or pill may be right for you. Call 1-833-OZEMPIC or visit Ozempic.com to view the medication guide and learn more about Ozempic semaglutide tablets, 9 milligrams, and Ozempic semaglutide injection, 2 milligrams.

47:06Melissa Lee:There's a pill version of Ozempic!