Hi from the Nasdaq Micahsett overlooking New York City's Times Square.

This is Fast Money, I'm Melissa Lee.

Tonight's Trader lineup, Guy Domey, Tim Seymour, Karen Feynerman, and Steve Grasso.

Tonight on Fast, we're all over the after-resaction shares of Meta, Spotify, and Qualcomm.

All three stocks deep in the red right now on the back of earnings or calls are underway.

We're breaking down the reports straight ahead.

Plus, the PayPal plunge, the payment stock dropping 24.5% for its worst day ever.

Is it time to throw in the towel on this trade?

And later the Amazon set up the company reporting results tomorrow after the bell.

What we spotted in the options market today that could have the bulls running scared.

But we start off with the earnings alert on Meta platform to stock is plunging after

hours as the company's call gets underway right now down 21%.

CNBC Julie Borson's got the latest, Julia.

Yes, those meta shares plummeting on lower than expected guidance.

Now, revenue in the fourth quarter of $33.7 billion did come in ahead of the $33.4 billion

expected.

But earnings of $3.67 per share missed estimates of $3.84 as reality labs cost grew from

prior quarters.

The company guided to first quarter revenue growth of between 3 and 11%.

Now, that's down from the 20% growth they saw in revenue.

This quarter and down from the 35% growth that Meta had in the prior quarter, the company

laying out three key factors impacting both impression and price growth of ads.

...