I'm Dominic Schuin from Melissa Lee and this is the big show welcome to Fast Money.

Tonight's Trader lineup, Guy Adami, Tim Seymour, Dan Nathan, and Karen Finerman.

Tonight on Fast, we are all over the after hours action and shares of

micron. That stock moving lower on the back of its earnings report the company's

call earnings call is now underway. We're listening in, we will

break down all those big headlines. Plus, more on today's retail wreck. Names like Macy's,

Nordstrom, Gap, all falling very hard.

As you can see there, we'll go shopping

for opportunity in that retail sector.

And then later on, buy gold now. That's the message from one top Wall Street firm. We will

debate if there is any shine left in that big trade. But we start first with

breaking news out of Disney. The stock is moving

lower in the after-hour session as the company announces some very, very major

job cuts. Let's get right out to our own Julia Borston with the big details and these are tens of thousands Julia

That's right Dom Disney is laying off 28,000 domestic employees at its parks experiences and product segment that will affect employees

across all levels hourly, salaried, and executive roles. Disney saying that

67% of those affected are part-time workers. Josh tomorrowaro, who's Chairman of Disney's Parks

experiences and Products Division, saying quote in light of the prolonged impact of

COVID-19 on our business, including limited capacity due to physical distancing requirements and the

continued uncertainty regarding the duration of the pandemic exacerbated in California by the state's

unwillingness to lift restrictions that would allow Disneyland to reopen.

We've made the very difficult decision to begin the process of reducing our workforce at our parks,

...