'Fast Money' traders talk Wednesday's big moves in Big Tech

Market Trends & Sentiment - The market is responding to momentum, led by mega-cap tech stocks [1] - Small caps outperformed, up over 1% [2] - Markets want to go higher in the absence of rockiness, with the VIX sub 16 [3] - The market got a charge from the Fed's potential rate cuts [5] - There's a good setup for the second half of the year with inflation coming down [7] - Retail investors are rushing into riskier areas like Bitcoin and Nvidia [8] Earnings & Growth - Q1 earnings were essentially a pass on uncertainty [2] - Growth is continuing to be strong, defying expectations of a fall [6] Investment Opportunities & Risks - There's still a lot of cash on the sidelines that could re-enter the market as shorter-term rates come down [7] - Nvidia's dominance in the AI space may be chipped away [10] - A company with 125% of sales from China saw its stock rise despite customer concentration risks and customers seeking alternative chip sources [9]