Live from the Nazak market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Apple picking, shares of the tech giant nearing seven-month highs as its latest Ivesone goes on sale,

how early demand is shaping up what it means for the state of big tech.

And mining for gains from gold to uranium, the metals and the stocks tied to them are surging. What's behind the moons and how much higher can they go? Plus, the stocks and sectors that benefit from the global bond sell-up, a big week of data in the weight-lossed drug space, who came out on top? And the short thesis for EVs, why one market watcher does not see a strong bulk case for the group. I'm Melissa Lee. Come to you a lot from studio, be at the NASDAQ on the desk tonight, Tim Seymour, Guy Dami, and Mike Co. We start off at the monster move in Apple as the company's latest iPhones go on sale. Shares rising more than 3% today hitting their highest level since late February. The stock also getting a boost from JPMorgan, which raised its price target by almost

10%. Analysts citing strong demand for the new devices and a robust multi-year growth model.

CNBC Steve Kovac is at the flagship Apple Store in Manhattan with more on the launch. And we were

remarking about this earlier, Steve, that the lines are actually, they're people lining up for this thing.

Yeah, they're still going, Mel, and i spent 12 hours in front of this apple store here today so you

would know what's going on and here's what so here's what i learned here mel

basically the demand is extremely high right now for these new devices we've seen

that in the pre-order data and we're seeing it here today with these enormous lines.

When I was here a year ago for the iPhone 16, remember that was the one everyone is excited about,

that AI was going to drive this big super cycle.

That never materialized.

The opposite is happening this year.

The lines are sustaining and growing throughout the day,

showing really strong demand for these new designs of the phones. There's the iPhone Air, the new

design on the iPhone Pro. And in fact, most of the people I talk to in line, Mel, they're going

for that more expensive iPhone Pro, even with the price increase as well. So it's extremely interesting to see the dynamics here.

And Apple really getting back to basics and making cool hardware changes that get people excited.

And by the way, this may only be the beginning because next year there's a foldable phone expected on the way.

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