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 top tonight.

Meta moves.

The tech giant reportedly making some big cuts to a key part of its business, what the pivot

means for the company and will it be enough to get the stock in long-term rally mode.

And next, we're going to talk about the big bids in for Warner Brothers Discovery, the latest on where things stand, and who's most likely to come out on top. Plus, dollar store gains, what's driving today's jump in Dollar General, expedited approvals, how the FDA A is changing the line for drug development, and a builder breakdown, the Wall Street call that had shares of Linar tumbling today.

I'm Melissa Lee. Come to you live from Studio B at the NASDAQ on the deaths tonight. Tim Seymour, Dan Nathan, Bono and Eisen, and Mike Wilson, CIO and chief U.S. equity strategists at Morgan Stanley. Always great to have you here, Mike. We're going to get to those cuts in just a minute at Meta, but we start with the latest

developments on the search for a new Fed chair. While former NEC director Kevin Hassett has become a favorite, there are some rumblings that it's not a done deal yet. Let's bring Amen Jabbers and see what he is hearing from the White House. Amen. Melissa, yeah, a lot of rumblings, I think, is the way to put And a lot of that is just scuttlebutt, right?

Part of the questioning that scuttlebutt, right?

Part of the questioning that's going on in Washington right now is, look, if the president has really picked it down to one person, which the president says he has, why is he waiting until next year to make this selection?

You know, maybe that implies that he doesn't actually have a favorite choice,

or maybe that implies he's waiting for something else or some other piece of timing.

So what a lot of folks here are speculating about is this idea that maybe the president is holding out for Besson after all, right?

He said publicly time and time again that he wants Scott Besson to be the Fed chair, but Besson won't take it because Besson is happy as Treasury Secretary. So there is this kind of line of thought that well, maybe the president's holding out to see if he can kind of twist arms over the holidays or maybe make Scott Besson to see it his way. We just don't know at this point. I should point out,

Melissa, that the White House thinks we're making way too much of this. They point to what the

president said earlier this week, which is that he's going to nominate somebody in early 2026. And

they say, you know, no sense speculating about that until the announcement comes.

All right. Amen, thank you. Amen

Javers. By the way, markets don't seem to have much faith that Kevin Hassett will be successful

in carrying out Trump's rate cut agenda. In fact, since he emerged as a frontrunner to lead

the central bank when the White House canceled interviews with potential candidates earlier this week,

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