Live from the Nasak Market site in the heart of New York City's Times Square.

This is fast money. Here's what's on tap tonight. The great rotation is the market

starting to turn its back on this year's Tech Titans and head toward a new set of leaders.

We'll check out the breakout in industrial, financials, and small caps and ask, is it real?

Plus serving up live sports, Netflix set to court.

New viewers with a special live exhibition tennis match what impact

will another streamer diving deeper into sports have on Disney and ESPN and

later snapping up shares a snap will bring you the upgrade driving today's move Nike roaring higher

what's behind its one month jump of 12% and buyout talks giving Macy's a boost

who else is riding high on this news? I'm Melissa Lee coming to you live from Studio B at the

Nasak on the desk tonight. Tim Seymour, Dan Nathan, and Guy Adami.

And we start off with the latest sign that the Great Rotation may be underway.

Big tech stocks all dropping to kick off the week.

Meta leading the losses down more than 2%.

The so-called Magnificent 7, losing a combined $160 billion in market cap just today.

But the broader market seemed to respond to the mega cap sell-off with a big shrug.

All three major averages finished the day in the green with the S&P 500 notching its

highest closed since March of 2022.

In fact, the equal-weight weighted S&P outperformed the benchmark by a ratio of more than 2 to 1.

So what can we glean from this great rotation in the markets?

Now, first of all, you'll probably notice a little

different yeah what's going on here today what's great something looks awesome the

...