This podcast episode of Fast Money discusses the day's stock market performance, noting the decline in the NASDAQ and red-hot chip stocks, while also pointing out the overall positive performance of major averages for August. The hosts and guests analyze potential market weakness in September, the likelihood of a Fed rate cut, and the impact of tariffs. The legal challenge to Trump's tariffs and its potential market implications are discussed. Additionally, the podcast covers Affirm's earnings success, Caterpillar's tariff concerns, and the recent downturn in cryptocurrency values, as well as the potential of sports betting.
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