you get oversized moves into her day or trend following. if you look at the top three companies, they've grown in size from 2 billion totaling un to 900 billion. companies like this springing up all the time. a lot of new money pushing the market around and as we look at the commitment of traders, we are seeing hedge funds and retail are getting out of this market. this market is being driven by these symptoms. charles: appreciate you when we have these new things. i leave you with the market up. the last day of trading, the last hour will be pretty wild. liz: i have a question for you about the jobs report. how important is it going to be

if it comes in harder or softer than expected? charles: the official numbers are lower. some strikes folks came back. right now i think being placed to the downside, lower number in the market going higher is why they are a right now. liz: thank you very much. look at the green on the screen, the bulls are back in business. major averages rallying after three straight days of losses. the dow is up 51 points, a little bit of easing, gaining 33 points and the session up 41 not far from there, nasdaq,

move up 173 points and the nasdaq on pace for its highest close since july 31st. the nasdaq is at 14,319 and the russell once again has been a standout, the russell 2000 up bucking the trend, much less than the other major indices at the moment. alphabet, look at individual names, the s&p and the nasdaq, it is on both, shares of google charging higher by 5% on ai optimism. ai optimism after the tech giant launched its ai model gemini. executives at google say it outperforms chat gpt 3.5, naysayers say what about chat gpt 4? google is not saying much about that but it doesn't feel like investors care. they like gemini.

amd having a huge session topping the nasdaq on our major ai chip that has customers lining up, looking at amd up 10%. which customers? huge names. meta, open ai and microsoft say they will use amd's newest ai chips which the company unveiled yesterday. that could be perceived as competition for nvidia but it is up to present so not getting hurt at all at the moment. coming up in a fox business exclusive we are talking ai. defense software putting russia's old-school weaponry to shame and keeping ukraine alive in its fight longer than anyone would have anticipated. alex cart, the palantir ceo, what is palantir doing for israel? cart80 made headlines as he ripped corporate america and ivy league universities for their inability to stand up against terrorism.

alex cart80 coming up. two year treasury yield coming up two basis points, the 10 year is hovering at its lowest level since late august ahead of the november jobs report which charles just reference. whisper number 4 that lower than people are looking at. federal reserve largely expected to keep rates unchanged and next week, largely as in 1900% but here we go, the chance of a rate cut for march is now at 60 one% and for may, 88.7%. goldman sachs weighing and saying the rate cut will start in april so everybody is banning the globe, markets betting on a rate cut in the first half of 24. is that realistic? far too optimistic? what do you do ahead of that? let's get to the floor show,

black rock, if we sit here and ask every day what is the fed going to do, we can't control that. we can't control our investments. where are the opportunities from the perspectives of somebody like you? >> thank you for having me. we just came out with our year head outlook, we talked about 3 big pains. the first, the idea that the fed is very much done with the rate hiking cycle, but they are not going to immediately start easing, but that's amazing for investors. they are just not doing anything, historically the best for bond and stock investing. the second thing, the time to step out of cash. $6 trillion us investors moved into cash and that is what we

see, though there was some reward in playing it safe when the fed was raising rates but you need to take risk in your portfolio. where do you do that? what is up in quality and large-cap and focusing on a few laggards like the healthcare sector. and paying, focusing on the intermediate world the fixed income. liz: we are showing transports but maybe we can show healthcare etfs or opportunities because everyone said healthcare, people are starting to spend again on stuff that is an emergency, stuff they put off during the pandemic. where do you look? do you look at the insurers or hospital names? >> from a valuation perspective, what investors could be looking for but i want

to say the way investors should think of their equity portfolio in this period is what should we do with the majority of the portfolio and that is where you still want large-cap, you still want something like iw i which we have talked about on the show before which is giving you strong balance sheets, stable earnings, low leverage which is important when the fed keeps rates high and the satellite, your other allocations, that is where you want things like healthcare. liz: it is so important especially for those of you who are watching who have a longer time horizon. equities outperform everything over the long-term. talk a little bit about that. a visual indicates equities, bonds, cash.

>> in the visual you are referring to is this idea that investors often wait for the first rate cut to start investing in the markets but what we find is when the fed is not doing anything, just pausing that, they finish hiking, but have not yet cut, to be the best for equities so please step out of cash, go into equities and think about the intermediate portion. liz: what is the morning you can't see with the naked eye but experts know it is looking? >> one thing you've spoken about on your show is the different system, all the fiscal spending that took place with debt as a percentage of gdp continued to rise, what

that might mean for long treasury model, for treasuries and a special only yielding less than what you would if 5 year treasuries, that is something i don't think is tomorrow's problem. that is something all investors should be thinking about and another reason mortgages for emerging market debt. liz: always a pleasure. thank you very much. stocks, not plastics over the long-term. he has become the hottest coach in college football but in 1992, deion sanders attempted to play two different pro sports in two different states on the same day and now the tennessee couple who owned the

cleveland browns, milwaukee bucks and columbus crew may be about to face their own version of a primetime double ply. we will ask jimmy and d what they plan to do if they find two of their professional sports teams are playing for championships on the same day this saturday. it could happen. they join us in a fox business exclusive next. there are ways to own a piece of one of your favorite teams. look at the stocks you can do it with, liberty media owns the braves, manchester united is publicly traded, madison square garden owns the new york knicks and new york rangers, rogers communications owns the toronto blue jay's. we are coming right back, stay tuned. liberty mutual customized my car insurance

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liz: october 7, 1992, sports history was made when deion sanders became the first athlete to suit a major league baseball and national football league game on the same day. sanders and the atlanta falcons played the miami dolphins in miami and then he hopped on a flight and flew to pittsburgh to be with the atlanta braves as they took on the pirates in the league championship series. one pro sports team owner may have to try to pull off a similar stuns. we are three hours from the milwaukee bucks taking on the indiana pacers in the semifinals of the nba's first ever in season tournament. if they win and advanced to saturday's championship the team's owner face and deion sanders style double because there major league soccer team are set to face los angeles

saturday in columbus, ohio. joining us in a fox business exclusive, the ceo and chair of haslem's and they on the cleveland browns. your bucks are favored to win against the pacers. if they do how are you going to make it to that game and the columbus crew game on saturday? >> you're putting us on the spot. first we have to win. in indianapolis they beat us pretty good. they are averaging more points a game than we are. if this were the nba championship we would divide and conquer, in 2020, went to the soccer game and the football game, it is very significant, we badly want to win. we are in columbus when hosting

the game and you don't get the opportunity to win a championship like the mls championship, we would both be in, lumber send the second win, tremendous day. liz: you were instrumental in saving the clubbers crew, you own the browns for several years and we all remember when the browns secret in their way out of cleveland breaking the heart of cleveland fans you didn't want that to happen but why are you so passionate about buying the clubbers crew? >> being in cleveland, we heard the stories. people still talked about it. we know that losing a road team sets a bad example.

they are really hard to get. we knew how important it was to ohio to keep the team in columbus. we called, we met down there and realized this is something we can do and we can help out. liz: you've got soccer, the nba, the browns. the nba is interesting because this is the first in the season tournament, this is an idea the commissioner came up with that has taken off. are you surprised at the fan reaction were actual courts do different artwork on the courts and change up the uniforms a little bit. what have you seen for this? >> you have to give adam silver credit for coming up with this idea. in the nba it's a long season,

82 games plus the playoffs, how do you keep players and fans interested in the early and middle part of the season? we've definitely seen it with our fans. our partner said it was tremendous to make it to las vegas. they want to win this badly. there is significant amount of money involved but they are prideful athletes. they want to win this tournament. my instincts are it is here to stay a. way to go, adam silver. liz: you have both had a previous life in business and this is like a second life for you owning three pro teams and there's only one other owner. the owner or share in an nfl team, nba team and major league soccer team. there are other owners who own different configurations of that. bob kraft, they have their own

triumvirate with different teams but this is a unique position you decided to take. wise the sports world so important for you as an owner? >> we both came from family businesses with two different family businesses and we love sports. when the opportunity came to be part of the nfl, it was a tremendous opportunity and something we love. we love sports and being part of that and it is another family business. our families involved, they love it and it is -- what we love the most, great way to get back to the community, something we always believed in, the feeling of being a part of the community is an honor and asset.

liz: my cleveland browns have their trading facility there and i got to ask about the browns, joe flake was the quarterback, the backup got a concussion. what do you expect from plato and you are in a wildcard position, are you not? >> our fourth quarterback to start the game this year. it has been tough. now out for the year. got a concussion, starting the second game. we had always been on the opposite side from the steelers and the browns. someone was telling me his record at brown stadium is 10:1, not great for us. it goes to 11 to 1, he is a real pro who has been around

the game. he can still play the game and we feel fortunate to step in and what you might call an emergency situation. we think we win a lot of games. liz: i want to ask about the football arena. the lease is up in the next couple years. 2029, i was at browns game, amazed because i used to go in the 90s. it was a hard atmosphere back in the day. it's really transformed. i took some pictures and you worked on the fan experience. that is impressive. what do you think will happen? the lease is up. do you build from the ground up? do you re-sign a lease? >> we been very open that we are going to explore all options but one of the options is not leaving cleveland, northeast ohio, as long as we

are in the franchise a long time. we will remodel the current facility, work on plans to do that or a lot of details in place. or a new stadium somewhere in the cleveland northeast ohio area. we will decide that over the next year over difficult to work out, both involve a significant amount of money but we want to franchise well for the next 20, 30 years to take care of our fans who have done a great job taking care of us. liz: so much on your plate with possible double championships. i would be remiss if i didn't bring up dueling lawsuits with berkshire hathaway, they purchased a portion of a previous business. litigation is always drawn out in that case. you and warren buffett had a relationship. where does this lawsuit stand? >> it is unfortunate when two parties can't resolve

differences. that is what the courts are for and it will go to the delaware, sometime after the first of the year and be resolved quickly. it's inappropriate to say much more. liz: you feel confident you will prevail? >> i don't want to say that. we feel reasonable about where we stand but the court will make the decision. liz: the columbus crew, good luck on saturday. >> we are really excited. we will have a great crowd, the fans are fired up. we can't wait. liz: was well before the crew. these teams reinvigorate cities. congratulations. we will be watching tonight and the major league soccer, you are welcome, major league soccer on saturday is on fox. we will watch that. good to see you too. the original meme stock doing a complete 180. we will tell you what game stop announced that has the bulls

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liz: game stop is having a roller coaster session. 7% at the open. after the videogame retailer reported third-quarter revenue myths and midmorning shares totally reversed and not only erased all losses but have a volume surge and are up 7. 6% to $15.97. by the way, also related, the jury is out on a surprising announced by game stop's board,

ceo brian cohen is able to act as an investment manager and has the authority to use company money to purchase equities instead of short-term debt. wedbush analyst michael packed her -- packeder because alarming. the stock is at $15 in change, beatty% from its main year ohio $86 in january 2021. adv i continues this shopping spree acquiring sarahbell therapeutics for $45 a share. we have it at 40 one dollars and $0.10. just last week, they agreed to purchase immunejen to shore up their drug pipeline as its top-selling treatments face patent expiration. it is up 1%, immunojen 12:45%. jetblue stock on pace fourth-largest increase since

november 2020, gaining 15%. the airline raised its current quarter forecast, smaller than expected full-year loss. the demand for domestic travel is improving for the holidays. american is up 3%. delta gaining 31/3 of 1%. mores across the globe being fought behind computer screens. palantir technology at the forefront. the defense software company and aggregation data company helping ukraine fight the russians with algorithms while vladimir putin's forces fight an old-school analog war. alex carde talks about ukraine and a new deal bringing the japan partnership to the us. stay tuned, we are coming right back.

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liz: what is your p doom and what is that? what was once an inside joke in silicon valley is going mainstreet. it describes where someone stands on the utopia to dystopia spectrum of ai with 0% believing it will be great, it will help create the perfect utopian world and one hundred% all the way on the other side being the school of thought that ai will be the end of humanity. is this buzzword to catching popularity at the ai summit? it is. it's being helped at the jacob javits center. let's ask jackie deangelis. you've come up with a p doom number when talking to these ai experts.

jackie: nice to see you, they don't like to talk about the doom aspect of it. it is all about the technology. every time i go to a booth the next when i go to is even more interesting. right here i am at fetch ai. it is kind of like a virtual assistant. they match you up with an agent to help conduct tasks based on your needs and preferences. ai gets to know you so it can help with technology. i am here with the founder and ceo, great to be here. tell me a little bit about how this works. >> we expect every individual will have their own agent, their own preferences but all the small businesses and other businesses also have their agents. the agents will match each other, they don't just chat to you, they do the execution you

ask them to do. jackie: it is like posting a website. it's not a commission on every transaction. it is meant to make the user experience easier. it is going to rollout in the next few months. >> the user doesn't play anything, you cut out the middleman which is 25% or 30%. small business gets the full effect, the benefit of all the pricing so it makes everybody's life easier. it to win/been for both sides. jackie: show me how it works. >> no downloads, no other new outfits. in this case, working with what's apps, connecting with the agent, let's reset and what then happens is we have given it your profile so it knows a few things about you and ask it

to the restaurant for dinner tonight or something. liz: take me to dinner. >> yep. go to dinner. jackie: your texting. one of the things you told me, it's not chaty, doesn't talk back away chat gpt does, just gets right to it. >> we don't want to conversation. you don't want to make another friend. it is all about giving in to the task, executing the task and moving on. jackie: we have to go but this is how it works which i encourage people to read about it. we appreciate your time. liz: did you say what your p doom level is? jackie: jackie deangelis, one of the biggest names in ai just added a new $40 million deal to

its slew of recent partnerships. i reflect a bunch of multinational deals the company has made and the there's a real one, that aims to broaden their current tire benefits to the us. joining us in a fox business exclusive is palantir ceo alex karpe, i will start with you. you have been collaborating since 2020 on the enterprise business, what about the new deal, how does it fit with the us? >> it's one of the most confident engineering organizations in the world. palantir, we just can't keep up with demand. we looked for and found ideal partners for our services. we are breaking the seams of

the us and they are going to help us grow more rapidly for competent services to the us market while we scale our product. it is a big issue for us. demand has been unprecedented. we built aspects that are unique. markets beginning to recognize it and they are helping us. liz: you have large language models. how is it going to position you in that race and when you say are working to solve societal challenges can you give us some granularity about that? >> one of the things, the

government around business propositions that results, may be like that separation of co2 emission itself coupled with that. it's about manipulation of co2 itself. the supply-chain through ai, we think is the impact we can bring together, the japanese market and the us market. through this partnership, around $5 billion and technology will play a vital role making sure the use of technology. liz: you have been vocal about bringing your interest to allies of the us, japan is a critical us ally. with tensions is so high in the

asia-pacific region as they bang the war drums over taiwan's independence, north korea's constant saber rattling, talk about how palantir, it is very secretive but working or attempting to work with japan's military, what is the goal? >> what we can or can't do with allied countries i can tell you japanese military is very competent, very eager to adopt the best technologies. we were the first product company to build ai, it has been used in ukraine. a number of allies are using it japanese are unrivaled partners and people watching this, they love america, they are our best allies. the partnership between america

and japanese government is the strongest i have ever seen and they are eager to drop it. liz: they have ukraine as an example. meta constellation completely changed the dynamic in the russia ukraine war. some would say palantir's technologies helped ukraine dominate russia's old-school artillery based weaponry 20 one months after russia invaded ukraine. congress it is a stalemate on legislation that would provide new funding for ukraine at a very critical moment of this war. what would you say to members who said they have given enough to ukraine for now? >> it is, look, often we underestimate how important it is to defend ourselves, even to people who disagree with our policy. if ukraine is defeated it will

fundamentally change the strength of america. we need the strength of america to keep the world safe and transparent and i am telling people in congress all over the world that we need to have a position of strength. the us has to be the dominant, and allies when on the battlefield. liz: i know much of it is secret, knowing this horrific situation, the at half by terrorists on october 7th and the ensuing war. can palantir help the military, excuse me if i sound stupid about this but i'm interested. in locating hostages, helping soldiers navigate tunnels. >> we are very well known in israel.

israel appreciates our products, one of the few publicly public ceos that publicly is pro-israel and engaged as all americans should be, speaking out against the scourge of anti-semitism especially with these organizations. america's software is the best. our battlefield software is the best tested in the world and i'm confident it's being used, i'm very proud to support them. liz: you've been in front of that. you slammed corporate america for its silence in the wake of the hamas terror attacks. this is ivy league presidents embarrassed themselves before congress, no other way to put it with their inability to do an ounce anti-semitism and genocidal threats made to the

jewish students on campus. a lot of people applaud you for your outspokenness but why is it important for you as the ceo of a tech company to speak out? >> if you don't think western values like transparency, fairness, protection of civil liberties are important, the abysmal appearance of those presidents, ask what it means to be represented by people who cannot condemn genocidal rhetoric while restricting every form of free speech for the last 20 years. we must do better on the battlefield, we must do better in the battlefield of ideas and protect the values that are near and dear to our hearts, that want a better and stronger world. this new, thin, destructive religion, vapors are being inhaled and kept in the lungs

of younger be students. dangerous to our world and our society, those of us like myself who consider themselves progressives, we must speak up. liz: that is a great answer in my opinion. our viewers needed to hear this. let's go back to the ai summit in new york city. the p do them concept, the inside joke that started in silicon valley that's going mainstream, where somebody stands on the utopia and dystopia spectrum of ai, 0 being utopian 100% media will wipe out humanity. at what percentage do you stand with the probabilities here? q the siren by the way. >> ai, ai is good for humanity. let's imagine what we can do

with ai. it is not just efficiency. the computing ai, we think we can change the world by monetizing the market. ai is leveraged for the good of society, not just every day ai but what we are looking into, we have been working, we have a history of ai in terms of wide learning. also, one of the most important elements bringing this ai to democratizing ai but we have to learn to leverage ai. liz: i am hearing 10% or 15% to mother. what is your p doom number?

>> i got cheaper into these things. i think there are unmanageable dangers but on the way it is exceedingly good for america, japan with regard to gdp, we outperform adversaries and allies and we have no choice. either we build these into our defense systems or our adversaries will. the near-term risk, that we are slow and soft and they are fast and catch up in the military and change the world border or catch up and surpass us in industry and change the world order. the dangers certainly are real. the only way to control them is to control the intellectual, legal and military battlefield and we do that by having superiority in all three areas. liz: thank you very much. we will be watching this partnership and how it develops. thank you.

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♪. liz: less than three minutes to go, the dow, s&p on pace to snap their three-day losing streaks right now as investors wait the november jobs report out at 8:30 a.m. eastern. doesn'ting me genter capital ceo, dan genter? what are you expecting dan? the whisper number from charles payne and hearing from my friend an did i brenner at national alliance, say it is much lower, 160, 170,000? >> liz, i think that wouldn't be surprising. to see the number, to see we're basically slowing and the overall economy is starting to roll over and the fed is starting to get what they want is likely what we'll continue to see. the market is going to have to accept that to know we're definitely slowing but the probability is we're not going

to see a severe recession and we might work out a goldilocks. i think the market is digesting that but i think the thing it has to digest going forward, the fed has to be higher for longer. this will not be a situation where the market is looking for any good news. people want to invest in this market but eventually as we get into next year we are very unlikely to see significant reduction of rates in the first quarter and it may be certainly back-ended towards the end of the year before they see what they want to get. liz: how are you advising your clients to ride these data waves? >> i think what's happening clients need to be very diversified and much more balanced in their portfolios. the market is extremely bifurcated. we see one market in 2022, a completely different market in 2023. in 2022 technology could do no right and 2023 it could do no

wrong. the market equally weighted is up 5% for the year. as people go through unprecedented volatility and bifurcation in the market they can look for values, areas that have been left behind and they don't have to continue to double down where pes are hitting as street mom call levels. liz: dan, great to see you. with just this h 30 seconds before the bell. am. did, walgreens boot alliance are huge winners today. on this first night of hanukkah we wish everyone warm and safe holiday. monday, don't miss the first onn fox" interview with sag-aftra president fran drescher. [closing bell rings] after the contract with the major studios. jobs report tomorrow. see you tomorrow. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. all right,ae