Right now in fast shares of Nvidia jumping in the after hours the company just reporting results in the last few minutes

The conference called just kicking off right now. We'll get to the headlines in all the details

Plus are we getting more hawk top from the Fed the latest minutes from the central bank showing growing support for 50 basis point hike next month

So will the markets finally come to terms with the higher for longer mantra and later Apple's big health push the company taking you another step to make

It's where we'll technology a must have the major step forward. It is making and what it can mean for the stock

I'm Melissa Lee. This is fast money. We're live with the Nasdaq markets

I did a hard-a-time swear on the desk tonight Karen Fighterman Dan Nathan Courtney Garcia and Guy Adami

We start off with a big question for big tech investors is AI all it's cracked up to be after Microsoft announced it's

Multi-billion dollar investment and chat GPT maker open AI in late January shares rallied almost 20% the stock added about

300 billion dollars in market cap, but that rally has blown a fuse over the last week or so as

Creepy interactions with the bot started surfacing the stock is giving back nearly half of its gains meantime shares of alphabet

Dan nearly 15% since its own AI blunder at the start of this month the company has lost over

200 billion dollars in market cap and now more headwinds seem to be emerging chat GPT

reportedly getting blocked on Chinese social media apps maybe not so much of a surprise there and new

Analysis shows AI powered search could cost tech giants billions of dollars more than traditional keywords searches

So is it way too early to say whether AI is big tech's next big thing certainly investors wanted to jump all over at Dan

We first heard about it. Well, there was a lot of hype right over the last couple of months

And I would just say this that it is probably the next big thing on a whole hosted different industries

And what we're talking about right here is really the digital ad market

This is a 500 billion dollar market when you think about search and you think about Google's dominance there

They have about 84% or so Microsoft has this thing called Bing you've never used it

I've never used it but someday we might use it right and you think about their growing

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