Live in the NASAC markets, I'm in the heart of New York City's Times Square.

This is fast money.

Here's what's on top tonight.

Netflix gets chilled.

The streamer beating top and bottom line estimates, giving better than expected guidance,

but shares down just about a percent after hours why investors were not impressed in where the stock goes from here.

And not one, not two, but three,

closely watch crypto bills passing their house votes this afternoon, what it means for regulation

in the industry and for Bitcoin's record run. Plus GE Aerospace pulls back after hitting a 25-year

high. Elevance gets unelevated on a guidance cut and why one of our traders thinks the Fed shakeup could mean a rally in treasuries. I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the desk tonight, Karen Feinerman, Dan Nathan, Guy Dami, and Carter Braxton Worth. We start off with Netflix's earnings beat. The streaming giant also posting better than expected user numbers and raising its full year guidance. Despite that, the stock is

trading off by just about 9 tenths of a percent. The earnings call underway. CNBC's Julie Borson's

got the very latest. Julia. Hey, Melissa, Netflix kicking out the call at the CFO's saying that

they are seeing momentum and ad sales on pace to double ad revenue year over year. Also saying

that content expenses will increase in the third

and fourth quarter of this year and that the back half will have one of the biggest slates

of movies they've ever had. Cocio Ted Sarandos just ran through a very long list of shows.

But despite those higher production and marketing costs, they say they will still be growing margins

this year.

COCEO Greg Peters said when asked about the health of the consumer, that they believe demand

will remain strong.

And while the company no longer discloses subscriber numbers, they did say that their member

growth was ahead of forecast.

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