Treasury intervention sparks rate relief... And Moderna’s cancer moonshot 8/19/26
Summary
Fast Money covers the market reaction to the Treasury doubling debt buybacks, which sparked rallies in gold, Bitcoin, and energy stocks while easing long-term yields. The show analyzes Moderna’s record 177% surge following promising cancer vaccine data and Marvell’s 10% jump after a custom chip deal with Google. Additionally, the panel discusses OpenAI’s 2027 IPO timeline amid slower growth compared to Anthropic, Target’s guidance hike, and the blockbuster debut of Chinese robot maker Unitree.
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