Fast Money

starts right now.

Live from the Nasak Market site

overlooking New York City's Times Square.

I'm Melissa Lee.

Traders on the desk for Tim Steam or Karen Feinerman Brian Kelly and Guyedami.

Tonight on Fast, it is Judgment Day for the banks as they gear up to kick off

earning season tomorrow morning and analysts aren't expecting much from Wall Street,

but that might be a good thing for the stocks.

Plus the Nasak surging to a record high today as tech stocks are going wild, but it's not just the thang stocks.

The traders will give you the alt-fang trade that could heat up your portfolio.

But first we start off with the bombshell breaking in just the last few moments

the Department of Justice challenging the ruling on the AT&T Time Warner deal.

Let's get straight to Julia Borsen and Sun Valley Idaho for all the details

Julia.

Well, Melissa, the Department of Justice saying it will appeal

Federal Judge Leon's approval of AT&T's acquisition of Time Warner.

The appeal is likely, the appeal like the original suit to block the

case is on antitrust grounds and we just seconds ago got a response from Time Warner

I'm sorry got a response from AT&T,

AT&T saying the court's decision could hardly have been more thorough,

fact-based and well reasoned, while losing,

...