Life in the Nazak Market site overlooking New York City's Times Square, this is Fast Money.

I'm Melissa Lear.

Traders on the desk are Pete Nagerie and Tim Seymour.

Dan Nathan and Guy Dami.

Tonight on Fast, Uber hits the skis and extended trading after posting another

billion dollar loss for this quarter can the company maneuver a U-turn an

investor taking a bite out of McDonald's after the ouster of CEO

Steve Easterbrook is this time to get into

the stock or a new reason to drive right on through. Plus Warren Buffett's

Berkshire Hathaway is sitting on a nearly 130 billion dollar pile of cash.

That's good some thoughts on what they do with that kind of money.

But first, major markets at new highs to start the week,

even the Dow, which marked its first record closed in almost four months.

Is this a breakout or a fake out?

Pete.

Well, it certainly feels like a breakout.

And part of the reason I say that, Mel, is when I look at the options world,

we saw nothing but huge buying right now and

we've seen it kind of moving in towards this in energy in some of the financials but today

it was the emerging markets so the idea and Dan and I talked about this months ago

but this was huge paper today.

They were buying the EEM 250,000 in a single print and they were looking at other

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