Fast Money does start right now. I'm Melissa Lee. Tonight's trader

up Guy Dami, Tim Seymour, Dan Nathan, and Bono and Icein tonight on Fast

No Pay, No Game. That is a message from Morgan Stanley's Mike Wilson

where he sees stocks headed as we

close in on August. Plus Boeing hitting new headwinds today we heard exclusively

from the company's CEO when he expects air travel to return to normal.

And we're all over the after hours action in Qualcomm and PayPal.

Both companies just reporting results

how our traders are playing the earnings moves.

But we start off with Big Tech's Big Day on Capitol Hill. Let's take a live look here at Capitol Hill, where the CEO is a Facebook, Apple,

Amazon Alphabet, all testifying before the House Judiciary Anti-Trust Subcommittee.

Let's get straight to Kayla Tausi with some of the details here.

Kayla.

Melissa, four hours in and a third round of questioning underway as Republicans challenge

Apple, Amazon, Facebook, and Alphabet on political censorship and Democrats

take aim at the size and power these companies have amassed.

Here's the subcommittee chair, David Cicellini.

Our founders would not bow before a king, nor should we bow before the emperors of the online economy.

These four horsemen of the technology industry responded in kind saying in fact they each face healthy

competition in their respective fields.

Competition drives us to innovate and it also leads to better products, lower choices and more choices for everyone. Customers have a lot of choices and that our products face fierce competition.

Companies like Samsung, LG, Huawei and Google have built successful businesses with different approaches.

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