Live from the NASAC market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

A monster night of earnings from big tech to EVs to a burrito bummer.

We're diving into the numbers from all of tonight's reports, bringing you all the trades, plus a deal done.

The S&P and NASDAQ closing at new records in Japan's NECA soaring after the two countries reached a trade agreement. The details on the deal and what more is to come. And an electrified gain, shares of GE-Bernova surging 14% on the back of its earnings this morning. Is this just another sign that the AI trade is alive and well? We'll get some answers. I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the desk tonight. Steve Grasso, Afano and Eisen, Dan Nathan, and Guy Adami. And we start off at the kickoff of big earnings, big tech earnings, Alphabet Tesla and IBM reporting results within the last hour, along with a slew of other names. We've got full team coverage from coast to coast. Christina Parsoneblis watching IBM.

Kate Rogers is all over Chipotle, Contessa Brewer digging in on Las Vegas Sands, Villabose,

got Tesla's numbers. We start off with McKenzie Segalos, who's watching Alphabet shares,

now positive up a percent after an early drop. Mack, what's the latest?

Hey, Melissa, Alphabet shares, moving higher in the after hours.

After that initial drop, despite a top and bottom line beat and strong results across

search, cloud, and YouTube, we saw search grow 12%, YouTube 13% and cloud surged 32%, which

was well above expectations.

Now, search remains Google's core business, but it's also most exposed in this new AI paradigm.

CEO Sundar Pachai just said on the call that AI features are actually driving more search activity.

Now, cloud, which is a key test of Google's massive infrastructure bet also delivered

CAPEX is being raised to $85 billion for 2025 to build data centers to power

Gemini and enterprise tools as it tries to close the gap with AWS and Azure.

And then YouTube ad revenue nearly hit $10 billion, just now $1 billion behind Netflix.

And Pachai also highlighting strong subscription growth with shorts now matching or even exceeding

in stream ads and revenue per watch in some countries.

Back to you, Melissa.

All right, McKenzie, thank you.

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