About this episode

The episode discusses the decline in chip stocks and its implications for the tech sector, featuring an interview with Kalshi's CEO on prediction markets.

A strong start for chip companies suddenly took a turn for the worse in a market sell-off. The traders break down what the reversal means for chip price levels and the broader tech market going forward. Then, Kalshi Co-founder and CEO Tarek Mansour talks perpetual futures and the prediction market surge. Plus, why Apple’s price is tumbling after its disappointing Worldwide Developers Conference, why investors are piling into defensives, and earnings to look out for tomorrow. Fast Money Disclaimer

People in this episode

Host: Fast Money

Guest: Tarek Mansour

Topics covered

• chip stocks
• market sell-off
• tech sector
• perpetual futures
• prediction market
• defensive investing
• earnings

Keywords

• chip stocks
• market sell-off
• tech sector
• Tarek Mansour
• Apple
• defensive investing
• earnings

Mentioned in this episode

Organizations: Apple, Kalshi

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