. >> lauren hill, thank you. "fast money's" now >>> live from the nasdaq market side overlooking new york city's times square this is "fast money. i'm melissa lee. apple doesn't want anyone taking bites out of their apple the tech giant aiming to become its own financial firm for its coming hardware subscription business and more. the fallout for fintech coming up shares of rh getting crushed and dragging down way fair and williams sonoma. the challenges ahead and a reference to the big short rattling investors later intel ceo raking in over $178 million in his first 11 months on the job. stock is down 17% since he started. should investors be outraged by the massive ive heyday will time prove he's worth the money? shares of netflix dropping more than 2.5% today. the stock is the second worst performer in the nasdaq 100 just behind paypal, down more than 36% this year. that puts netflix on pace for the worst quarter in a decade. it lost nearly $100 billion in market cap so far in 2022. it appears 27 oscar noms ha

and england lost opener lauren winfield—hill early, thanks to this incredible catch by deandra dottin, so, while a narrow defeat, the loss did come as a bit of a surprise. our reporter, henry moeran, watched the disappointing performance in dunedin, alongside former england bowler alex hartley. it was widely expected that england would lose their tournament opener against australia, but to lose against australia, but to lose against west indies, a side they have never lost was a real shock. alex hartley was part of the england side that won the tournament in 2017. we have seen a real shock today? is 2017. we have seen a real shock toda ?�* . 2017. we have seen a real shock toda? . ., today? a real disappointment from encland, today? a real disappointment from england. not _ today? a real disappointment from england. not at— today? a real disappointment from england, not at their _ today? a real disappointment from england, not at their best - england, not at their best throughout this competition. they just can't seem to piece things together. just can't seem to piece things to . ethe

. >> and lauren, to you on capitol hill, the president just said without the funding that u.s. out of testing supplies, could run out of treatments and supply of those covid treatments as well as problems with the vaccine supply come later this year or down the road when people need additional vaccines. so what's the hold up on this funding on capitol hill? why can't they agree on it? >> well, right now, there's a meeting happening in chuck schumer's office with two leading republicans trying to negotiate out this package and what we've heard so far are these negotiations have centered on spending $15.6 billion, but it's hard to figure out how republicans and democrats are going to off set or pay for this new investment. a couple of weeks ago when republicans and democrats needed to pass the spending bill to keep the government funded, they were going to include $15.6 billion for covid relief and treatments moving forward, however, there was a number of concerns from democrats in the house of representatives over the fact that that money was going to be using unspent funds from

hillary vaughn live on capitol hill with the latest. >> reporter: hi, lauren.ed about, that these regulations put in place in europe do not ultimately stay there and would be put in place across the world for their users. the digital regulators of the european commission are not being shy about the potential global impact of this new law saying this, quote: nationed with big -- faced with big online platforms, europe has put its food foot -- foot down. the digital markets act would single out some of the biggest tech companies with some of the biggest market value, above $83 billion. so that would hit companies like alphabet, amazon, apple, meta and microsoft. the new law would essentially handcuff tech companies' ability to handicap a user's ability to use rival services on their platform or products. for example, under this law apple will have to allow users to use a different app store to download products on iphones. amazon will be banned from using data to develop dupes that compete with their independent sellers. what's app could be forced to let users ta

lauren: and landslide in northern peru very 60 homes. seven people have been reported missing after part of a hill in the northern town collapsed.es have been reported, but rescue crews are searching. high court judges in the indian city of caretaker held up a hijab ban. [protestors chanting] >> students in the southern city of suge knight protest against the judgment in karnataka high court. three judges, including a muslim woman, dismissed petitions challenging a ban on headscarves in the state's schools and colleges, saying that wearing a headscarf is not essential religious practice in islam. the thought isn't protected by india's constitution, which guarantees religious freedom. petitioners disagree. >> it is injustice what has happened today. we feel like we are being betrayed by our own country. reporter: she was part of a group from karnataka who went to the high court after a number of colleges in the state began asking students to remove their headscarves. school staff said the young women were violating the uniform code. there were tens standoffs between wisdom students protesting against the restrictions, and hindu n

lauren blanchot reports from washington. >> this is a map for a very long time. lawmakers on capitol hill wednesday were briefed on the war in ukraine. there assessment the need on the ground in ukraine is urgent. russia continue to attack ukraine, including in areas where the kremlin claimed they would scale back in an effort to instill trust. >> we should have no faith whatsoever with vladimir putin . in a phone call wednesday with ukrainian president vladimir zelenskyy, president biden promised an additional 500 million dollars in aid. but the u.s. still not granting zelenskyy one of his biggest asks more fighter jets over fears it could escalate the war beyond ukrainian borders. i'm astonished that we're five weeks into this and we still don't have the equipment flowing. plus, the white house now declassify intel they say suggests russian president vladimir putin is being misguided by his own inner circle. the fact that he may not have all the context that he may not fully understand the degree to which his forces are failing in ukraine. that's a little discomforting to be honest with

lauren blanchard has the story from washington. american progress. yeah i see gas prices progressively going higher that anger from voters leading to a push on capitol hillports, the average is $4.24 a gallon house democrats are proposing $100 energy rebates every month that fuel was on average more than $4. at least three states, including georgia, maryland and connecticut, have already suspended their gas tax in the golden state, where fuel costs are highest. california's governor. gavin newsom wants to give drivers $400 rebates, but there's criticism. these are just quick fixes. we need to break america's addiction on gasoline that would bring relief president biden and his administration have cast some blame for the rising prices on oil companies. they have pushed back. demand has risen. we've had the price shock of russia invading ukraine. there are various factors that go into the price of oil, but we're not setting that price, analysts say. while the pain is very real right now, they believe prices will eventually go back down when you look into the forward markets in terms of where the market is. trading oil and gas months from now or years from

hill correspondent garrett haake who is inside the chamber. what was that we heard as the president was beginning to talk about his late son beau? >> reporter: yeah, lester, that was republican lauren boebert from colorado as the president was talking about warriors in flag-draped coffins, she interjected, "13 of them," i believe a reference to the american servicemen and women killed in afghanistan during the withdrawal. she and marjorie taylor greene and other republican freshman kept on something of a running commentary throughout much of the speech, interjecting in segments about immigration, segments about covid, jumping up with clearly audible commentary even as far away as i am in the gallery. >> and it sounded like someone tried to shush her. >> reporter: yeah, there was definitely a reaction. there's only the center aisle in the chamber that separates democrats and republicans, it's not entirely clear where it was coming from but clearly an unwelcome interruption for most of the other folks in the chamber, lester. >> we want to turn to chief white house correspondent peter alexander. it felt like the top of the speech was a rewrite in light of pressing events happening on