Live from 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.

Good memory, shares of storage chip makers continue to rally toward records.

What's driving the gains and how much longer can the strength last?

And Lulu's lessons, what we can learn from the number last posted by the

Athleisure Maker and what it says about the state of the consumer.

And why one analyst calls Eli Lilly a value trap, airline stocks taking off despite a host of

headwinds and a utility trade, the Chartmaster, says this group is ready to break out to new highs,

what he's seeing in the technicals that support his case. I'm Sarah Eisen, in for Melissa Lee tonight, coming to you live from the studio B, Studio B at NASDA. On the death tonight, we've got Carter Worth, Dan Nathan, and Guy Adami. Great to see all of you, but we're going to start with the storage stocks. They're making core memories in this market. Western Digital, Seagate, Micron, Sandus, all surging as AI memory demand skyrockets here.

The shortage continues.

Sandus, in fact, has more than tripled now year-to-date, while the others are all up 50% or more.

And NVIDIA CEO Jensen Wong told our Jim Kramer this morning that the next evolution

for this space is close at hand. Listen. We're the only company in the world that now

optimizes the entire data center across three different types of memories. HBM, and we have some

excellent partners there, HBM4 coming, LPDDR5, the world's first low-power

memory used in data centers.

We invented the whole idea.

Everybody's going to use it in the future, but we're the only company in the world that

optimizes around that today.

So, Guy Adami, how do you even value these stocks? Microns up 350% in the last 12 months into earnings tomorrow. Before we get there, welcome, Sarah Isle. It's great. Isn't it nice having Sarah here? It's been a while. I'm happy to be back with my friends. So welcome to the show. Number two, it's hard. I mean, I've missed the entirety of this move. A lot of people have been on top of it. Jim Kramer's done a great job. But, you know, look at a micron chart over the last, just call it the last six months. It's remarkable what we've seen. Historically a space that's highly commoditized, somewhat ubiquitous, very cyclical, is trading like something's going on here. Now, on a

trailing basis, these stocks are expensive. On a forward basis, though, you can still make a case

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