Live in the NASAC markets aid in the heart of New York City's Times Square, this is fast money.

Here's what's on top tonight.

All eyes on Apple taking a leg lower in just the last few minutes.

Now at after hours lows the tech line missing iPhone revenue estimates, seeing a big drop in China sales.

We've got all the details on the numbers and we'll bring you the trade.

And break out or breakdown two bellwether stocks doing big about faces this week. Are these

moves a change in trend or just a temporary blip? We'll dive into the charts to find out.

Plus, UPS doesn't deliver. Comcast sees its worst day since 2008 and an old school tech stock hits

all-time highs today. I'm Melissa Lee. Come to you live

from Studio B at the Nazak. On the desk tonight, Tim Seymour, Karen Feinerman, Guy Dami, and Michael

Contopoulos, Director of Fixed Income at Richard Bernstein Advisors. Welcome, Michael.

We start off with Apple results, the big tech giant reporting its fiscal first quarter results

in the last half hour shares right now are down about 1 and a half percent after a rare miss on iPhone sales the company did uh beat on top and bottom

lines but posted an 11 percent drop in china revenues apple's conference call started just moments ago

cnbc steve covac is at apple headquarters with more steve hey melissa yeah the big headlines out of here. iPhone sales down, China sales down.

That's despite beats on the top of bottom line. Let me give you some of the numbers here,

and then we'll talk about what all this means. EPS was a beat by $5 at $2.40. Revenue,

a slight beat by a couple hundred million dollars, $124.3 billion there.

iPhone, though, this missed expectation, $69.14 billion. Street wanted $71 billion.

And by the way, sales year over year for the period down about 8 tenths of a percent there.

Services, though, that is the bright spot, the last several quarters here,

up 14 percent and beating expectations at $26.34 billion. And then greater China, this is the big one,

...