CNBC's "Fast Money" Nvidia Fails To Lift Markets… And The Latest Media Drama For Warner Bros. Discovery 2/26/26
Feb 26, 2026
Tom Rogers, media executive with deep M&A experience, breaks down the Warner Bros. Discovery bidding fracas. Dan Nathan, options-savvy market commentator, flags trading implications. Guy Adami, seasoned trader, discusses short- to medium-term market moves. Tim Seymour, macro investor, explores thematic rotation. They tackle Nvidia’s post-earnings slide, semiconductor versus software rotations, CoreWeave and hyperscaler dynamics, China tech weakness, and the Paramount vs Netflix battle for WBD.
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Dell Shows AI Server Demand And Shareholder Returns
- Dell reported 39% sales growth driven by AI servers, a record $43 billion AI backlog, and guided to ~$50 billion in AI server revenue for the year.
- Management raised the dividend 20% and added $10 billion to buybacks, pushing the stock up 10.5%.
CoreWeave Growth Faces Large CapEx And Financing Mismatch
- CoreWeave's rising backlog and capacity plans clash with heavy cash burn, financing needs, and project delays that pressure margins.
- Dan Nathan warned each gigawatt of capacity costs ~$10 billion and CoreWeave depends on repeated external financing and NVIDIA support.
Options Flows Show Growing Caution And Call Overwrite Strategy
- Options markets show pronounced shift to downside protection with S&P skew at a one-year high and retail call buying collapsed to 2022 bear-market levels.
- Retail investors are increasingly selling calls against stock holdings instead of buying puts, collecting income while capping upside.