Right now and fast in a snap one warning from a relatively small social media

company sparking some of all fierce scenario rippling across corporate

America why snaps macro worries have the markets concerned about a lot more than

just online advertising plus from the bears to one big bowl ever before I

says Julian a manual will be here and he's sticking to his gun saying the

S&P will finish the year 4800 that is a jump of nearly 25% from where we

stand today how he says we'll get there and later north from surgery after

the bell strong earnings driven by shoppers paying full price for suits ties

and stuff these guys don't seem to wear too often up to get to the numbers

and guidance straight ahead I'm all this way this is fast money life in the

exact market side in the heart of times where on the desk tonight I'm not

it up to him see more bono and ice and then Nathan and guy a dummy they were

ties and we start off with a little social media company that put a nearly

half trillion dollar dent in the market snap shares tumbling 43% today for

its worst asons going public but the impact was felt way beyond social media

the concerns snap raised over everything from ad targeting to the jobs market

to the war in Ukraine since shares a big tech tumbling in all the S&P wiped

out nearly 400 billion dollars in market cap just today so how could snap

with essentially one product sparks such a strong reaction and is it a

canary in the coal mine guy well that's what Rick Heitzman seemed to indicate

and the obviously you just heard him on the overtime he likes more names he

likes names other than uh... facebook he likes google here performance

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