Live in the Nasak Market site in the heart of New York City's Times Square.

This is Fast Money. Here's what's on tap tonight. A major developing story in the

sports and streaming space. Disney, Fox, and Warner Brothers Discovery,

joining forces to launch a joint streaming

platform. The news breaking in just the last hour. New details coming out right now or

David Faber will be here with the latest. Plus China Rising, the Shanghai composite seeing its best day in nearly two years

while ETS tied to the region surge too. Can the moves by Beijing meaningfully

help Chinese stocks rebound? We'll debate that. And later, just sell it. The Chart Master is out with a bearish call on

Nike shares of the shoe giant. We're up nearly 3% today. He'll tell us why he doesn't think

this swoosh higher will last. I'm Melissa Lee coming to you live from studio B at the Nasdaq on the desk tonight.

Tim Seymour, Karen Feinerman, Dan Nathan and Guy Adami.

And we start off with two big earnings movers after the bell shares of four jumping after the

automaker top

estimates for the first quarter snap on the other hand plunging as much as 30

percent after it gave weak guidance for Q1 we'll get to those numbers in just a bit

but we do want to start off with the breaking

news in the media space.

E-SPN Fox, Warner Brothers teaming up to launch a sports streaming platform this

year. Let's get straight to David Faber who's got all the details right now.

David.

Yeah, Melissa, this could be something that you can actually download as soon as the fall.

At least that seems to be the hope of the three key partners here who will be contributing

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