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

Here's what's on tap tonight. The TikTok on TikTok, the latest developments on the deal for the

social media company. Who's buying in? What's it mean for legacy players? And CarMax concerns.

Shares of the used vehicle retailer hitting levels not seen since the depths of the pandemic.

What the latest earnings say about the strength of the most strapped consumer. Plus big box earnings, we'll dig into the latest results from Costco. Starbucks slims down its workforce. And what's next for small cats? The chartmaster is here to lay out what is next for the recently rallying Russell. I'm Melissa Leak. I'm Melissa Leake. I'm Melissa Leic. I'm at the NASDAQ on The DestDAQ, Tim Seymour, Carter Worth, Dan Nathan, and Steve Brasso. We start off with the not quite done deal for TikTok. President Trump signing an executive order this afternoon, paving the way for a group largely made up of American investors and some of Trump's biggest supporters to buy TikTok's U.S. assets from China's bite dance.

Our Amin Javvers is at the White House with the very latest Amen.

Melissa, that's right.

The president is still speaking in the Oval Office, but just a short time ago,

he did sign that order in the Oval Office, excuse me,

which we are told certifies that this deal does satisfy the national security concerns

that are in the law about TikTok and its Chinese ownership. So that does lead us to the point

where we might be able to see a finalized deal here. The president and the vice president offering

a couple of new details here on this deal,

including, all importantly, the valuation of the deal. Here's what the vice president had to say.

The company will be valued around $14 billion. We actually think this is a good deal for investors,

but ultimately the investors are going to make the determination about what they want to invest in

and what they think is a proper value.

The most important thing is that it does protect Americans' data security and ensures TikTok is still accessible.

And on this question of the algorithm, which we've heard this a lot, what this deal ensures is that the American entity and the American investors will actually control the algorithm.

The president was also asked whether or not the United States would take a percentage of the revenue here or any kind of fee from TikTok US. And he kind of danced around that question,

Melissa. He said, we're going to be announcing some things and we'll get to that. But he was also

asked this question about whether or not he wants

...