CNBC's "Fast Money"

The 2-year yield crossed 5% and traded at levels not seen since before the Great Financial Crisis. And while stocks closed off their lows of the day, all three major averages went negative for the week. Will tomorrow’s jobs report alleviate the pain, or is the first half rally a thing of the past. Plus Mark Zuckerberg firing off against rival Elon Musk after launching his Twitter competitor. What it all means for the stock and the industry. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks closed modestly lower on Wednesday, but interest rates rose to their highest level since before the collapse of Silicon Valley Bank. So does the slow and steady climb in yields suggest the stock market’s run is about to end? Plus China threatening export restrictions on the metals key to manufacturing high-tech semi chips. This on the eve of Treasury Secretary Janet Yellen’s visit to Beijing. So will her mission have any impact on relations between DC and Beijing? Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Nasdaq closed out its best first half in four decades, and Apple finally marked a $3 trillion market cap at the close. But it hasn’t just been big tech soaring this year, and not everyone’s come away a winner. We break down the leaders and laggards and bring you the trades. Plus the Screen Actors Guild could be heading for a strike, adding to the pressures already weighing on the entertainment industry. So which content companies stand to be most impacted? And which ones will be insulated from the drama? Fast Money Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks were muted as we look to close out the best first half on record for the Nasdaq. But what chart tells the real story of where stocks are heading in the second half? The traders give their picks. Plus Nike shares in focus after the company’s latest earnings report. We dig in on the numbers and bring you the trade Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Nvidia dropped today after reports that the Biden administration is considering more restrictions on sales to China. But with so much of the company’s business coming from the country, what could that mean for future growth? Plus banks releasing stress test results for the first time since the collapse of SVB. What to make of their status and how it impacts investment opportunities in the space. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Pulte, Lennar and DR Horton among the names hitting a new set of all-time highs today, prompting one of our traders to call the move “stupid”. Is the move justified, or is there trouble ahead? Plus psychedelics are all the rage from Silicon Valley and beyond. But will the industry deliver a return on investment? We’re joined by one player in the space for the latest developments. Fast Money Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Apple touched another record high today, even as one-time high-fliers like Tesla and Nvidia give back recent gains. So why is the iPhone maker able to keep trucking higher? And what does its strength say about the rest of the market? Plus Eli Lilly getting some positive results for its oral weight loss treatment, while Pfizer abandons its efforts in the space. We dig in on the weight loss battle, and how the biggest players stack up. Fast Money Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Nasdaq ended its longest weekly win streak since 2019, but major indexes are all on pace to close out the month and quarter with gains. But will this week’s momentum carry into the end of June? Plus Bitcoin has been in rally mode, but crypto-related stocks have been lagging behind. What’s the best trade in this space? Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

While broader indexes have been in rally mode, one big sector has been sitting on the sidelines, and even lagged today. But is this a time to buy the banks, or is there more pain to come? Plus Amazon bringing generative AI to its flagship AWS business. What it could mean for the battle of the bots and its position against Google and Microsoft. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks dropping for a third straight day after Fed chair Jerome Powell indicated there was a lot more work to be done to get inflation under control. So is the rally we’ve seen over the last few months a thing of the past? Plus President Biden referring to China’s leader as a dictator at a campaign rally, just on the heels of the Secretary of State’s visit to Beijing. Did his latest comments set U.S./China relations back again? Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.