Right now, on fast, Wall Street heading into the weekend wondering what the biggest

bank failure since the financial crisis will mean for the markets in the days and weeks

to come.

We're going to head out west to find out the latest on the collapse of Silicon Valley

Bank and how it's impacting customers, VCs and more, plus a not-so-obvious ripple effect

of the SBB bank failure, biotech, taking it on the chin today and all this week, in fact,

we're going to explain why the Silicon Valley Bank is so intertwined with the sector.

And later, the housing trade has held up pretty well so far this year, but as the Fed signals

more hikes and credit gets tighter, could this be a spring of pain for sellers and the

sector?

I'm Sarah Eisen in for Melissa Lee tonight.

This is fast money.

We are live from the Nasdaq Market site on the desk tonight, Tim Seymour, Courtney Garcia,

Jeff Mills and Steve Grassa.

Welcome to all of you.

We're going to start with the latest developments on the Silicon Valley Bank.

Get our own regulators shutting down the tech focus lender today and taking control of

its deposits as the company failed to raise capital and shore up its balance sheet.

SBB stock was halted before the market opened today.

After falling another 60 plus percent in the pre-market, that, of course, on top of yesterday's

62 percent drop.

A month ago, this was an $18 billion stock, now it may be worth nothing.

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