Fast Money does begin right now.

Fast Money starts right now.

Live from the Nasac Market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk for Tim Seymour, Karen Feinerman, Dan Nathan, and Guy Dami.

Tonight on Fast Oil, on aerman, Dan Nathan, and Guy Dami.

Tonight on fast oil on a tear, the Saudi crackdown taking crew to its highest level in

more than two years.

The top technician says the rally has just started.

You will not believe how high he sees it going. Plus the chip wars

heating up and companies are quickly taking sides amid a number of mergers in the

space. Do you keep buying this chip rift and later attack of the shaft shake shack out with a hot new menu item on its

books but will it heat up sales the CEO Randy Garutie will be here on set to put it to the ultimate

fast money test but first we start off at what could be one of the

most important deals in media history. Disney has been holding talks to buy some of the largest

entertainment assets of 21st century Fox, a deal that would change the landscape of media as we know it.

That according to our own David Faber who wrote the story earlier today.

David is that the New York Stock Exchange with more on this developing story.

Hi David.

Hey Melissa, yeah, of course, if either side looks at the stock market reaction today,

they may be all be emboldened to re-engage. Of course, as we reported earlier, the talks had taken place over the last few weeks.

They were significant talks, but there was a lot more yet to go and they are not holding

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