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.

Mega Meta, the Facebook parent hitting new records today and catching a big price target

upgrade on Wall Street. Is it off to the races for this stock or time to

take your profits and run and a luxury let down. Wall Street analysts sounding

the alarm on high-end spending what it means for the

big players in the space. Plus NOvo sheds and gains ahead of a key hearing on

Capitol Hill shares of GM hit the brakes on a negative call and hi ho

silver why one of our traders tonight thanks to shiny metals about to play catch up.

I'm Melissa Lee coming to you live from Studio B at the Nasak on the desk tonight.

Steve Brasso, Karen Feinerman, Guy Dami, and Katie Stockton, founder and managing partner at Fair Lead Securities. And we begin with the meta-mede. and To $645, that implies a nearly 15% upside from here.

Analysts writing that Meta's generative AI investments

give the tech giant a quote,

competitive advantage with Instagram Reels, ad loads,

and usage continuing to accelerate.

Meta is the second best performer in the so-called mag seven

this year, surging 60% compared to invidious more than 130%

gain.

Can the stock keep powering higher? Karen, this is your largest holding?

Yes.

I think it will. I think it will, although I think that this if you look at the chart I mean it's a it's a somewhat of a

little bit of a nosebleed here so I think that it's possible it's sort of I don't

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