Live in the NASDAQ market site in the heart of New York City's Times Square.

This is fast money. Here's what's on tap tonight. A Disney Downer, the stock seeing

its worst day since 2022 after warning that two major

pillars of its business are under pressure. The news fully

erasing three months worth of games. Can the entertainment giant get its

magic back or should investors just let it go.

Plus the apple of our eye, the tech giant unveiling a new slate of iPads this afternoon,

but it's a stock chart that caught the attention of our traders.

Is the company back on track and

heading toward new records will debate that plus Tim is flexing as lycet after

lips. Star much still struggling now down 18% since earnings last week and why someone

not naming names things now may be the perfect time to short Tesla. I'm

Melissa Lee coming to you live from CDo Be at the NASDAQ on the desk tonight

Tim Seymour Karen Feinerman G Guyadami, and Dan Nathan from the Milken Conference in Los Angeles.

We start off with the 9.5% drop in Disney after earnings this morning, even as the entertainment giant streaming business gets closer to profitability,

a slight revenue miss, lower than expected guidance, weighing on the stock.

It had been the best performing Dow component this year up until today's plunge. It's now dropped to

number four. Leadership alluding to trouble in two tent poles of Disney's

business on the earnings call. First, there was CFOs Hugh Johnston worrying

about the consumer saying that will travel and

demand still appear healthy the company is seeing quote some evidence of a global

moderation from peak post-COVID travel. Then there was CEO Bob Eager addressing future bumps in the road for streaming, admitting the path to

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