Right now in fast stocks close out the week with a two-day rally of tech

names like meta and Microsoft power the positive vibes. But next week the

Fed takes center stage will power bring the bulls back to reality. Plus the

final thanks that's report next week. Apple's been a high flyer this year up

nearly 30%. Can I keep the mojo going when it reports on Thursday and later our

chart of the month an energy name that's up nearly 8% in April while the

price of oil is only climbed less than 2%. We'll take a look at what is

powering of gains. I'm Melissa Lee. This is fast money. We're live with the

Nasdaq market site on the desk tonight. Tim Seymour, Steve Grasso, Dan

Nathan and Guy Dominion. We start off with the latest developments in first

republic bank shares are sinking right now. Another almost 50% 48% in the

after hours on headlines that the FDIC is getting ready to put the troubled

regional interreceivership. The stock which is worth more than 26 billion

dollars at the start of February now has a market cap of less than 400 million.

Let's get more on the latest headlines from Leslie Pickard. Leslie. Hey,

Mel, yeah, the flight of capital here reportedly making a private market

rescue deal for first republic. Untenable at this stage, Reuters reporting a

short while ago that the FDIC is preparing to place first republic into

receivership. Imminently, that's the word they used. Imminently citing a source

familiar with the matter now. The report said that the deterioration in first

republic's position does not allow for more time to find an alternative

solution through the private sector. This mirrors our David Faber's reporting

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