Retail Rollout Continues, Feds Neel Kashkari Slams Crypto, Robinhood Preview

Published: Aug. 18, 2021, 2:48 p.m.

b'Carl Quintanilla and Jim Cramer began with a breakdown of the latest retail earnings as Target, Lowe\\u2019s and TJX Companies all reported before the market open. Although Target and Lowe\\u2019s both beat analyst expectations the stocks moved in opposite directions, with Target shares in the red. The anchors also discussed Minneapolis Fed President Neel Kashkari slamming the crypto market, saying \\u201cCryptocurrency is 95% fraud, hype, noise and confusion.\\u201d For Cramer\\u2019s \\u2018Mad Dash\\u2019 he highlighted the growth in Nucor with that stock up more than 150% over the last 12 months. Also in focus: Big earnings to watch after the bell with Cisco, Nvidia & Robinhood set to report. This will be the first quarterly results for Robinhood since going public.'