product if's box and then returning it and sealing it up so it looks like it's not there, and sometimes even put a totally different thing inside the box. we had a situation where we got a radar detectiver back, and it was a box of baking soda because it weighed the same is. >> reporter: as you can see, cheryl, there are a if number of creative ways that people are i trying to trick the system. cheryl: they're always coming up with something, that is for sure. kelly saberi, thank you for that live report from illinois today. well, quick check of your markets, right now the dow and the s&p 500 and also the nasdaq, a little bit of volatility today. we're till lore for the first trading day of the year. that is it for me. you've seen enough of me on television today, i'm sure. you're welcome, i'm done. "making money" is over. charles is back tomorrow and and also liz claman is back. hello, welcome back, lady. [laughter] liz: happy new year! cheryl, it's great to see you. you know, cheryl, everybody's

wondering after a glittering 2023 performance by the markets, will we see more score in '24? let's set the stage as we kick off the final hour of trade. dow jones industrials down 84 points, but earlier today it was up, and it hit an intraday record high. really it only needs 21 points of gains for its first record of the new year, but we're kind of far from that. you can see the s&p 500 down 42, the nasdaq's getting clocked pretty hard here, down 305 points, but then it gets worse for the russell. actually, less worse. half -- one point down, 1% down or 19 points. and the transports down about 1% or 144 points. but i do want to start with showing you the surprise trade on this first trading day of the year, the vaccine a makers. moderna and its pa partners biontech and pfizer, they're all temperature pfizer, look, they all a had an atrocious 2023. they are the best performers of the new year with, and we know

the new year's only one day old here at the moment. moderna topping both the s&p9 and the nasdaq. you see this gain here, up the.25 -- 12.25%. the her of covid and rsv vaccines setting the tone saying that it expects sales to grow in 2025. it endoured a painful 023, everybody doored a painful 2023. i know 20 a 25 is far away, but at the moment it's enough to get investors pouring in. pfizer catching moderna'saway, you can see the gain of about 3.6%. it's a few day and a new year for the big pharma name after a combo e of too much unsold vaccine inventory and largely the company missed the weight loss drug craze. speak of crazes, the bitcoin craze continuing its forward motion at this hour. the crypto crossing $45,000 for the first time since april of 2022 driven by hopes the first spot bitcoin etf will be approved by the end of this

week. it's a lot of belief. and, actually, a lot of substance behind it if you believalling of the sources thae sources that have been talking to me and charlie gasparino. who's going to get the nod in this horse race? because there are 13 applications swirling around here. anthony pompliano joins us in a fox business exclusive on that in just minutes. plus, what role, if any, should legacy banks play in regulating crypto? pomp takes a pointed position on that. what of the darlings last year, the magnificent seven? gotta start with apple, it is a red one and not granny smith green. we've got share es down 4.5%. we're at the lows of the session at the moment here. and if we look at it at a $184.02 at the moment, this dropoff from its close last friday is pretty traumatic. shares are at -- dramatic. shares are at a 2-month low because barclays downgraded the

stock from underweight to neutral a, and the brokerage says that sales of the iphone 15 are lackluster. oh, and guess what? the iphone 16, quote, should be the same according to barclays. it also a warned of mounting litigation risks for the app store business but, you know, we'd like to remind, everybody calm down. just because this loss today is knocking $130.6 billion off the market cap, remember apple surged 48% last year and just hint a record high mid -- hit a record high mid december. the other magnificent seven names, netflix, nvidia, meta, microsoft, alphabet with all lower from anywhere about 1.8% to a 5% loss for netflix. web bush blasting out a headline today predicting that apple and microsoft will propole -- propel the nasdaq to 20,000 this year. let me just check the nasdaq here at the moment. nasdaq is, well, long way to go,

14,689 at the moment. so we cannot forget the remaining mag 7 stocks, amazon and tesla. tesla lost all of its earlier gains down two-thirds of a percent, amazon is down 2%. the tesla, again, perspective, tesla rocketed 100% last year and has just announced a beat in its fourth quart protection numbers. coming up, jeff flock is kicking off his live, week-long ev adventure. it's called the long way home. if you're on the fence about an ev, you just don't think it works or you think, hey, i'm interestinged, does it work? he's going to give you the straight story on what it's like the drive, maneuver and charge an ev going from chicago to new york city. and now that the, v infrastructure's growing fast, maybe the picture's a bit different than a couple of years ago. now it's final for the big -- time for the big question. what does 2024 the have in store? it's time for "the claman

countdown"'s first floor show of the few year, and who better than the najarian brother, jon and pete. great to have you, gentlemen. jon, i'm going to start with you because as we look at the s&p, s&p gained last year, i mean, you look at this very nice gape, 24.2%, nasdaq even better. composite up 43.4 percent. do we see a repeat of that? because as they always say, past performance does not definitely guarantee future gains. >> it does not. and if i'd say that what you described with the bounce in moderna and pfizer is the exact opposite of what we're seeing in the tech stocks, and that's for a very good reason. you wanted to recognize if a loss in those two stocks, moderna and pfizer, last year and that creates the opportunity that is playing out today.

and the opposite, polar opposite, liz, is what plays out in the magnificent seven. because nobody wanted to take those profits last year at the end of the year -- liz:. >> -- only to pay a huge tax bill in april, just four months hence. so what do they do? they wait until this year, until the calendar turns. just one trading day later, that's why those stocks are all down so much. it's not just the barclays downgrade. yes, that contributed to it, but it's tax-related, and i think investors can take advantage of that. they took advantage of it last year by riding those gain withs into the end of the year, and if they weren't worried about taxes, they might have took some of those profits. and you took advantage of pfizer and moderna because they were down -- pfizer lost $148 billion in market cap last year alone. liz: that's why i thought it was really important to show pfizer and moderna today because

suddenly topping the s&p and the nasdaq for moderna and pfizer looking very strong. i just felt like we've got to point that out, even at the top of the show. you can see the 1-year picture from pfizer. pete, will fortune favor the bold in 2024, and what does being bold look like from where with you stand? >> being bold would be to look at some of these numbers,, you know, was just talking about the magnificent seven and the pain they're seeing today. i don't think that will last all that long, but i think it will have a little bit of a lasting effect for now. and i i think as we get a little deeper into the year, you can start dipping into some of these names because, quite frankly, i think for all the right reasons they have plenty of upside despite the fact that we're talking about many of these names being up over 50% last year. so that's -- incredible run, obviously. we all know that. but i think they're still set to have even better runs maybe potentially at least in 2024. i think the early part of this year probably not. i think there's going to be a

little butt more pressure on the nasdaq at least -- a little bit more pressure on the nasdaq, but i think once we get a quarter or two in, i think we've got a great opportunity for some of these names to really take off for the rest of 2024. and let's remember, it was that last two months of 2023 with -- where we just catapulted whether in the s&p, the nasdaq or the dow. so extraordinary run are at the end of the year. i think we're going to see something very, very similar in 2024, but it might be a pause early on. liz: jon, high of the year with, the all-time high, actually, of the s&p, we didn't get there, 4797. we did come within spitting distance of it. but what is the role of the algos, you know, the algorithmic trades that are already put into computers, and the minute it hits that all-time high, do you then start to see a mass selloff because the computer or kicking in -- computer is kicking in into sawing, dell sell? and and saying sell? >> i don't think it's just the number itself.

i think it's technical levels that play into it as well, liz. so i think algorithms tend to be momentum-driven, they tend to bn the direction whether that's down like it is today in the seven or whether it's up like we just talked about with pfizer and moderna, those momentum trades continue. and the algo just push and push and push until they don't feel that there's anything left to either the downside or the upside. and they do it at almost the speed of light. flash boys' michael lewis, he talked about that. liz: yep. >> these aren't human-driven desires to own the stock or be out of the stock. but like i say, in many cases they do create great opportunities, and i think that's what investors should focus on just like pete said. if, i mean, i'm a big believer in apple, it's my largest holding. has been, just like pete, for the last ten years. and if you looked at what

$10,000 did over the past decade or so, liz -- liz: then this is a buying opportunity, you're saying? because right now that $130.6 billion lopped off the market cap in the past couple of minutes has turned into $133 billion lopped off, because the stock is conning to fall. so you say buy. let me bring up what really catapulted a few names in the nasdaq. well, also in the s&p. and and that was the a.i. names. does the a a.i. volcano continue to spew out this hot investment lava are or, i don't know, pete, do you think that there is a moment where it kind of turns into with a sputter? a sputter? >> i think it's still just the beginning, liz, quite honestly. that doesn't mean it's just an absolute bottom left to the upper right forever, but i think that overall when you look at some of these names that are in the a.i. space, and i'll geffen e even give you a name a lot of folks don't talk about very often, but how about micron technology? if mu.

this is a name that has a 10 pe. think about that for a minute. when we look at a lot of those various names in the magnificent seven, they have stretched out on their pe. micron, which had a really nice move towards the end of the year last year, i think it was december 21st they came out, earnings were incredible, why were they so good? partially because of the fact that there is a huge piece of what's a going on in the antispace that requires memory, and that's something that really did give a lot of people a lot more thought about, hey, this micron technologies is not just the memory name we expect it to be, this is a name that actually is in the spot where antineeds that extra memory -- a.i. needs that extra memory. and because of that huge demand, that's going to be huge, i think, going forward for all of the a.i. names -- liz: pete, i hope you're not mad that i went with jon, but age before beauty, right? [laughter] yes, guys, they're not twins. >> not twins. les rez already.

but they are brothers, and we love your perspective. happy new year to g.o.a.t. of you -- both of you. thanks so much, guys. >> you as well, liz. thank you. liz: the crypto winter is melting even more before our eyes as digital asset fans eagerly a await a new spot bitcoin etf or even more than one. investor entrepreneur and bitcoin advocate anthony pomp 306r7ly january know is here next in a fox business exclusive on what happens to the price of bitcoin if the sec does green light what would be a historic etf? in anticipation, the global x block chain and bitcoin strategy the etf, ticker bits, has gained nearly 190% over the last year. pomp joins "the claman countdown" on this nurse trading day of 2024 after the -- on the first trading day of 2024 after the break. stay tuned. ♪ or what if...

(vo) once-weekly mounjaro could help. mounjaro helps your body regulate blood sugar and can help you eat less food. 3 out of 4 people reached an a1c of less than 7%. plus people lost up to 25 pounds. mounjaro is not for people with type 1 diabetes or children. don't take mounjaro if you're allergic to it, you or your family have medullary thyroid cancer, or multiple endocrine neoplasia syndrome type 2. stop mounjaro and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, vision changes, or diabetic retinopathy. serious side effects may include pancreatitis and gallbladder problems. taking mounjaro with sulfonylurea or insulin raises low blood sugar risk. tell your doctor if you're nursing, pregnant, or plan to be. side effects include nausea, vomiting, and diarrhea, which can cause dehydration and may worsen kidney problems. (man) i can do diabetes differently with mounjaro. (vo) ask your doctor about once-weekly mounjaro.

with your hearing, if you start having a little trouble, you're concerned that it's going to cost you money. to this day i only paid...

...what i had to pay for the device. when i go back, everything is covered. there's so much you're missing... ...by not having hearing aids. we'll find you a hearing aid... ...that fits your lifestyle and budget. try miracle-ear hearing aids with no commitment... ...during our resolution to hear better event. call 1-800-miracle now. here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.

liz: bitcoin's on blast. for the first time since april of 2022, it zoomed past the 45,000 mark today and came within $78 of $466,000 before retreating -- 46,000. we're still at $45,186 right now. after being. crowned the best performings asset class of 2023, bitcoin's prowess continues into the new year, boosted in great part by wall street speculation the securities and exchange commission within -- is within days, like three days, of approving at least11 of the 13 bitcoin applications. but what then happens to the bitcoin of -- the price once we to see approval? let's bring in one of the biggest bulls, pomp investments'

anthony pompliano. all right, so here's what we're hearing and here's what you predicted just a couple of months ago on "the claman countdown." you said it would be a bunch of them -- >> yes. liz: -- and let them all fight it out. charlie gasparino's sources is saying cath rhode island wood with of ark investment, my sources are telling me blackrock, gbtc and cathie wood. have you changed your opinion at all in. >> i don't know exactly who's going to go first. what i think they should do is approve everyone. if you're going to allow the free market, then we month have regulators picking winners and losers. approve everybody, let them fight it out. there's estimated between $15- 115 billion that are going to into into asset which means the fee revenue every year would be $500 million to a billion dollars every single year. how much money would you spend now to get those assets and have them be sticky? we're probably going to see

hundreds of billions of dollars spent on marketing by these wall street organizations saying if you want to buy a spot bitcoin etf, come buy it with me, not my competitors. it's going to be the the greatest marketing blitz ever. husband e liz would you invest in a piece of the etf or would you invest in blackrock's stock or ark or perhaps if gbtc? well, gbtc is going to concert one for one. >> bitcoin is highly volatile, it goes up and town a lot, but if you look over a long period of time p it continues go up. and if you really think about it from a generational trade, every single generation has one trade or one investment ideas that tends to be the big winner, and i think this generation has woken up to the idea that we have to debate the currency. we are going to continue to do that for decades to come, so you're going to get into hard assets. bitcoin is up 170 last year, i think people believe it's going to go up a lot more in 2024 and beyond. liz: but let me just -- you had

just said that marketing and these are bring huge windfalls to the arks and the blackrocks of the year. >> yes. liz: so why take your shot with something as volatile as bitcoin and instead why not go into blackrock stock or -- so you're saying, no, don't do the ark stock and don't do -- >> people are still going to do that stuff, i just think bitcoin has outperformed, and i think it'll continue to do it for a long period of time. when you buy the etf, you're buying exposure to bite coyne, not actually buying bitcoin yourself with. some people say, no, i want to hold my private key, have that self-custody. but for a lot of people, they're not going to sign up for a coinbase account, and so this etf if is right in their brokerage account finish. liz: well, it opens the market to millions of retail investors who don't want have to remember a 90-digit password and you lose it and it's a nightmare. what is your price target for bitcoin in 2024 from low to high? >> i don't know exactly where it's going to go in the short term. there definitely is going to be a drastic increase.

what i do not think is going to happen -- it's very hard for me to see we get a all-time high just off of the etf alone. what i do think is going to happen is we're going. to get the bitcoin halving at the beginning of q2, interest rate cuts and quantity tate easing in 2024 as well, so you're going to have a demand shock and a supply shock meaning there's going to be more demand for bitcoin saint that halving -- at the same time that halving going to occur. so that is really going to drive the price. i do think we get a new all-time high in 2024, but it's the combination of all of these things, not just the etf alone. liz: for people that don't know, the halving is written into the original code of bitcoin, and it chops it in half every five years? if am i correct? >> every four years. liz: okay. so 2023 was actually -- let's broaden this discussion to the ugly underbelly of what happened in crypto, and that was, of course, what actually started in november of 2022, and that was the failure of sam bankman

fried's crypto exchange. >> yes. liz: and, i i mean, that was just a disaster, obviously. ftx was a bad, bad thing for -- and that triggered a real selloff in bitcoin. but where do we go from here? if because he's been convicted -- >> yes. liz: -- and he will serve, most likely, a somewhat lengthy, we don't know how long, but a lengthy prison sentence because it's federal and they have guidelines. and then you've got cz who also add had binance, and he has faced all kinds of charges. are we done with that nonsense, or is it just like the old saying that there's a sucker born every minute, and you're going to definitely see people try and and take advantage of that? >> bad people do bad things regardless of the industry. one of the things that's really interesting is if you look at ftx, they a basically took customer money, went and invested it and lost it, right? there's a whole bunch of questions as to why, how, but they didn't tell customers they were going to do it, right? and that's ultimately what the issue was. if you remember also in 2023, we had banks that took customers'

money and bought treasuries. those treasuries went under water, right? the bank said we're going to do this, so disclosures, regulation, there's all these different thing, but banks failed, and we have crypto exchanges fail. they failed for different reasons, bulletly hi i think -- ultimately, the average person is going to figure out, i need to pay attention. the days of putting your money in an organization and hoping it's still there years from now is gone. i think the internet is opening people's eyes, and they're starting to understand, how do i actually protect this stuff, and i think bitcoin and cryptocurrency for this generation, again, bitcoin was born in the ashes of the global financial crisis. we now are seeing the capitulation of wall street where they're saying we have to get in the game. liz: and yet the big banks, the legacy banks appear if to be part of writing the digital asset anti-money laundering act, new regulations. what role, if any, should the big legacy banks -- and we know that jamie dimon if actual hates

bitcoin -- >> does he? liz: i know, what a shock. >> jpmorgan is doing stuff -- liz: he's made it clear he different like it. what role should the legacy banks have in writing regulation that would deal with crypto. >> anytime you have the market participants writing the regulation, this is a lot of questions with. i for a long time have is always thought if you're politician and you get put into office with donations from a certain industry, you shouldn't be able to regulate over that industry. liz: amen. >> it's just regulatory capture. the difference here is bitcoin is a decentralized organization. there is no ceo, no board of directors. you can write whatever rules you want. it is a decentralized protocol, so your regulatory capture does not work against something that now has been deemed not a security and has been adopted by hundreds of millions of people around the world. you may be able to capture the market in other parts of finance, but bitcoin going to remain resilient. liz: pomp, we've got lobbyists

from the pharma industry and big oil on the phone for you, they're not real happy -- [laughter] but i'm with you. >> i love everyone. liz: colors judgment, for sure. great to ceo, happy new year. thank you so much. well, many of us have returned to work after the new year's holiday. jeff flock's taking the long way home. he is driving an electric vehicle from chicago to new york, and he is documenting his experiences along the way. all right? that's him in that white tesla right ahead. we're going to check in on jeff as his journey gets under way. the globalx autonomous and electric vehicles ticker drive, d-r hiv -- is up 22% what's it going to do this year? if come along for jeff's ride. a force to be reckon with. no, not you saquon.

hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently.

hi, i'm kevin, and i've lost 152 pounds on golo. (uplifting music) my biggest concern when i started golo was food. i'm a big guy and, shockingly, i like to eat. i was worried it was gonna be like other diets that were bland and restrictive. but with golo, my meals are great, and i'm no longer hungry like i was before. i'm so pleased i gave golo a shot. don't wait, go to golo.com. oooohhh, it is cold outside time to protect your vehichle from winters wrath

of course the hot sun can be tough on vehicles too you need weathertech all year round! come on, protect your investment laser measured floorliners and cargoliner will shield the carpeting from sand and snow for your interior, there's seat protector and sunshade plus, mudflaps and bumpstep for the exterior order american made products at weathertech.com surfs up yeah, right ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. we're here with chris counahan of our local leaffilter.

so chris, tell us how leaffilter is different from every other gutter protection on the market. with leaffilters, patented filter technology, there are no gaps, no openings, no place for debris to get in at all. and we install leaffilter on your existing gutters. it's a permanent solution. you'll never have to climb a ladder to clean out your gutters again. that's amazing, chris. tell me about the process. simple and easy. just give us a call, set up an appointment. we'll come out and give you a free gutter inspection. if they're sagging, we'll repair them. if they're broken, we'll replace them. if they're in good shape, our local team will install leaffilter in as little as a few hours. wow. and i understand you guys have a lifetime no clogs guarantee? we do. it's actually a lifetime transferable no clogs guarantee. you know, that's peace of mind and then some. so, how do people sign up? to schedule your free inspection. call 833-leaffilter today our agents are standing by. or visit leaffilter.com.

liz: fox business alert, in the case of within video game development tools company, what goes up in december is coming down in january. unity software, take a look at shares right now, they are down about 5 a.5 at the moment after piper sandler downgraded the stock from newt the value to underweight. the gaming software developer was up nearly 20% in december, and analysts believe that spike, that great success actually leaves it little margin for error. piper also did raise its price target from $20 to $35, but as you see on the screen right now, that's still below its current price which is at the moment $38.if 67. benchmark investments naming

exact sciences as one of its best ideas for 2024. that gave it a huge pop in the morning, but it i fumbled it and now is down about a third of a percent. the company's flagship product coloing guard, an at-home colon cancer screening test, as the catalyst to build upon 2023 momentum. benchmark sees potential in the diagnostic company's new products that include a blood test for colorectal cancer. bench mark raising its rating on the stock from hold to a buy. investors slamming the brakes on rivian after the company missed estimates for its fourth quarter deliveries. the ev maker's pickup truck is also facing competition from tesla's cyber truck. the irvine-based company did produce more vehicles than originally forecast, but investors are less than impressed and are selling the stock which is now down 10.7%. now, chinese ev merricks did set another monthly record for deliveries, that's the third con

sec etive monthly record for ni e e, xpeng and lee auto. the records having no spark for the stocks, they're all down with, let's see is, lee is the worst performer, down 8% followed by nio, down 7%,, xpeng down4%. speaking of ev makers in china, byd is nipping at the heels of tesla. it sold a record 526,4009 vehicles in the fourth quarter of 2023, that tops tesla's $4480,506 -- 444 -- [inaudible] byd made 3 million cars last year, nearly double tesla's 11.844 million vehicles -- 11.8. we know a lot of you, whether you own the stocks or not, are considering it or have said no way. our very own jeff flock is hitting the road in a tesla model y to test out how an ev

facer on a lengthy road trip. -- faris. jeff is on the indiana leg of his trip. how's the model y holding up? if. >> reporter: i like it, liz. you know, i'm like you, you were an early adopter of the tesla, and i tend to be positive about it. i haven't had one myself, but, you know, it's an eye-opener. as jim farley, the ceo of -- [audio difficulty] and, you know, that's what it's been. i don't know if dan can see out the window, producer dan -- [audio difficulty] takes some getting used to. if you owned an ev is, perhaps you kind of get used to it. it does take longer. i think that's what we're going to find out, because, you know, you've got to charge. and it takes longer to taj charge than to fill up with gas. it also has some quirks. i learned that when i got into the tesla when we rented it last

night. take a look. here's a key but they don't even tell you what to do with it. oh, come on, man. [laughter] there's got to be a push button somewhere. do you have any idea what we do here? smart aleck? that's good old producer dan laughing at me there. and i know you know this, liz, but a lot of people really don't, the tesla is on when you get inside. but if you sit there the like i did for a while getting my bearing, it kind of shuts down, and and you have to reinaugurate that. that is something i did not know and now i do. we will be documenting this. maybe you see, we've got cameras in this vehicle, we're going to be on the set with you on friday in new york and show you what it looks like to actually be on the ride. as i said, it's an education and one that i think people would benefit from even if you don't

like evs, and there may be a few out there that are in that boat. liz: yes. you take the car -- the key, and you put it in the center console and, boom, the car turns on. [laughter] i will say, jeff, come on. the pickup is stunning when you press that pedal, isn't it? >> reporter: i just did. i just did. yeah, maybe i better not do that. liz: i look forward to this. you know, i was definitely an early adopt canner of covering the story. we were the first on fox business to ever go to tesla and to go to the factory not to mention spacex as a well. but i only started driving one three years ago, and now i just feel like i can never go back to an internal combustion. however, i don't drive long distances -- >> reporter: everybody says that. anyone who has one says that. it's amazing to me, you know? very few people say -- if there's a couple, but very few

people say i'm going back to my gas-powered car. liz: okay. keep your eye on the road, my friend, unless you're on autopilot. thanks so much, jeff flock, and safe travels for you. and we shall be following you the long way home. he's going to be taking us along every single day this week and documenting the ev trip across america. see it right here only on fox business. jeff is one of the best journalists ever that i have known, and he will give you the straight story. up next, the smash and grab -- boy, did that become the hot topic e for retail stocks in 2023. but have retailers now softed the shrinkage -- solved the shrinkage shrapnel? we'll is former ceo of home depot bob far telly, standing by live, that's next. and dan dizio, this man had no idea he'd found and run a hugely successful retail chain when

just at 11 years old he began selling pretties if els at a -- pretzels at a busy intersection in philly. that was only the beginning of his entrepreneurial path. he slept on wags of flour in the back of his prep kitchen to create what is today the 145 locations of the billy pretzel factory. philly pretzel factory. he outlines the twists and turns of owning a pretzel diss and the sickness that almost took his life at the height of his success. it's my newest episode of my everyone talks to liz podcast, just dropped a few hours ago. down download it on google, apple, spotify, wherever you get your podcasts. we're coming right back. the dow down 69 points. ♪ the leader? merck. ♪ on car insurance with liberty mutual.” he hits his mark —center stage—

and is crushed by a baby grand piano. are you replacing me? with this guy? customize and save with liberty bibberty. he doesn't even have a mustache! oh, look! a bibu. [limu emu squawks.] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com

hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. i found a cheaper price on my meds with singlecare. did you say singlecare? i use singlecare. are we talking singlecare? i saved 40 bucks with singlecare. -that's cool. - yeah. i have all my customers check the singlecare price first. good job. whenever my customers ask me if there's a cheaper price on their meds. i always tell them about singlecare. you just search your prescription, find the best price and show your coupon, in the app, to the pharmacist. i found a cheaper price with singlecare!

i know. download the singlecare app free today. every day, more dog people, and more vets are deciding it's time for a fresh approach to pet food. they're quitting the kibble. and kicking the cans. and feeding their dogs dog food that's actually well, food. developed with vets. made from real meat and veggies. portioned for your dog. and delivered right to your door. it's smarter, healthier pet food. get 50% off your first box at thefarmersdog.com/realfood

liz: oh, i know you remember this, retailers went to war against smash and grab thieves

in 2023 after their violent tactics resulted in major product losses across the board. this shrinkage shrapnel emboldened stores to wake up and boost their defenses by doing a whole bunch of things, right? they put merchandise behind lock and key which was annoying to quality shoppers, but they had to do it. setting up more cameras, and they hired extra security. in some cases they would park empty police cars outside the store, and that became a great deterrent. so with the live looting maybe in the rearview mirror, is that a possibility? or will it continue to wreak havoc in 2024, and what does that mean for retail stocks? joining me now is the man who ran one of the biggest retail chains in the world, former home depot ceo and former chrysler chairman and ceo robert nardelli. bob, lovely to have you. happy new year. let's talk about this. i know you know from this having run home depot which, of course,

people can, you know, grab a few rivets or who knows what, but it really hit critical mass last near for walmart and target and and nordstrom and so many other stores including mom and pop stores. >> yeah. yeah, well, liz, happy new year. it's great to be on with you at the first of the year here. unfortunately, i think it is still a problem, and the points you made in your opening comments, yes, home depot, for example, lowe's, tractor supply, all of those started to lock up the merchandise. in my experience when i was working with the home depot team, when you lock it up, you tended to lose sales because it became a deterrent. a deterrent for the people who wanted to rob you, but also for the shoppers who wanted to basically look at it, touch it, feel it and be able to check out versus getting an associate, unlocking the crib and then bringing it to the register. so i had the occasion to talk with ted decker who's running

home depot now and doing a fabulous job, and as you said, a lot of the security people from those major retailers presented at a congressional hearing. and the problem is, you know, we still have a lawless society now. and theft is not -- you're not able to prosecute. i was blessed at home depot, we got shrink under control. we installed cameras in every store. we had a darkroom where our security poem because -- team was monitoring eye shrink stores, but back then it was not legal to steal a thousand dollars to get a paint sprayer or a nail gun and just walk out with it. unfortunately, home depot had the experience where they lost an employee, an associate that was pushed to the floor and hit his head on the concrete, a security guard was shot. so we're still experience appearancing that at the -- experiencing that at the retail level. and until we get this lawless society under control where we can arrest and prosecute, which we did when i was there in 2000-2006, we're still going to see, unfortunately, having to

secure is more of the merchandise which stops the theft to a certain degree but also prohibits shopping, to your point, quality shoppers. liz: yeah. i think you are right. it is definitely a deterrent. but i've been there where i'm waiting for somebody to open up, you know, to buy some tylenol, and and i just don't have the time and i leaf, so it deters the quality of shoppers that we have out there. i want to talk a bit about the actual retail and the shopping mall resurgeons. resurgence. i was talking to big, you know, real estate guys when i was out in colorado, and they said, liz, we're starting to invest in shopping malls once again because of clicks and mortar. not brick and mortar, clicks and mortar where e-commerce is waking up and saying, you know, we're doing great with just the web site, but we also want people to be able to walk into the stores. what are you seeing as trends there, and who's at the forefront? >> yeah, it's interesting you used that term, we used it,

again, back in 2000. you know, you need clicks and bricks. and it's an interesting phenomena. for example, someone would come into home depot, and we might have two or three products on display. they like the design and the features, but they didn't like the color or the fabbic. and so we were -- fabric. so we were working very hard to have mobile kiosks that would allow an associate to come over and see 20 assortments versus the 2-343 on the shelf -- 2-3 on the shelf. that has continued to progress. if you rook at bed bath & beyond, for example, right? they basically closed all the stores, and they've had a lot of advertisement over the hold a day period where you could actually scan the code and get a to 20% discount. i think, you know, again, home depot, lowe's have a wonderful blend, if you will, of a number of stores where people can shop, and they also have a convenience of on line. and i think the combination of that, to your earlier point, when it's locked up and you're

having difficulty, you go online and you order it, it gets delivered to your home. that's why we're going to see, i think, maybe more and more online shopping, the convenience of it versus going in a store, feel threated but then you can have it delivered to your home, liz. you're spot on. liz: oh, boy. well, you would know. bob, thank you so much. happy new year. we appreciate you, and you've been a supporter of fox business from day one, so thank you. >> thank you, liz. all the best to you. liz: thanks so much. okay, we are coming right back with charlie gasparino on what happens next after the are resignation of harvard university's president. if it happened. ♪ ♪ have type 2 diabetes, but i manage it well. ♪ ♪ jardiance ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee. ♪

♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body to flush out some sugar! and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. jardiance may cause serious side effects including ketoacidosis that may be fatal, . . l infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction, and don't take it if you're on dialysis. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell, ♪ ♪ the little pill with a big story to tell. ♪

do you shop for vitamins at walgreens? force factor products powerfully improve your health, but they're also delicious, easy to use and affordable. that's why force factor is now the number one best selling superfoods brand in america. unleash your potential with force factor at walgreens.

♪ ♪

♪ ♪ ♪ ♪

♪. liz: after weeks of meally-mouthed responses regarding her failure to clamp down on anti-semitic outbreaks at harvard followed by revelations she plagiarized some of her previous work, news broke at 1:00 p.m. eastern today that harvard president claudine gay resigned as head of the embattled ivy league school, closing the book on the short of the and most controversial

presidency in the university's history. bill ackman who lobbied for her resignation is not satisfied. charlie gasparino is here. >> he is clearly based on what he said he is clearly planning something. i think he recognizes that you know, this is more than just claudine gay. i mean this is a university, and it is not just harvard, it's throughout major universities, that you know, major universities have a lot of their way. they have supplanted good scholarship, they supplanted merit and replaced it with the most noxious forms of interpretation known as dei, diversity, equity and inclusion. there is literally weird standards for certain types of races, in terms of scholarship anding a dem i can -- academic

achievement, essentially like s.a.t. scores and there is another set for other people. i think it all coalesceed in her and really coalesced in her because on top of her horrendous, you know, performance before congress where she couldn't say the words jew hatred is bad, you know i'm going to outlaw it on my campus it came out she's not very, she doesn't have a very deep record of academic achievement. she is running harvard by the way. not just like some professor there. she is running the whole show. it seems like if you go back in her record, a lot of people did, she was huge into dei. she was huge into speech codes. she was huge into an academic experience that essentially degraded western civilization

and values and essentially led to courses where they essentially teach jew hatred this is what's going on at harvard and i would say it is not just going on at harvard. it is going on at penn. liz: columbia, cornell, stanford. >> all these very woke subjects kids have to take now inculcated not by academics of sort of ones that went out and looked for you know, looked for higher thought, these are political types. that's what's going on there. so that is one story. the other story which we're waiting on tenterhooks for is the jeffrey epstein list i will say this, the best way to say this, friends list, who he is friends with all that. i know you give me 30 seconds. i need a few more seconds here. the list has everybody on wall street completely freaked out and i'll tell you why, liz? he did business with everybody. everybody knew him.

i was at a dinner once with a billionaire who you will know, i'm not going to say his name, you will know who he is, i told him i need to get in touch, before he died for a story, i had to run some stuff by his pr person. he had his cell number on his phone. liz: oh. >> this is billionaire of a major company. if his name was not on the list i would be surprised. >> your name was on my list. you were not around. >> oh the the "claman countdown." liz: i need you to put it on. >> it will mess up my hair. liz: you're done with the history. >> let me ask you this? is that like a fake thing? liz: you don't get it. looking a gift horse in the mouth. is that like, is that sown in there like a real hat. >> good-bye. liz: this is mine now. you look cute in that. >> you know what?

we'll be in another john oliver thing. liz: all right. >> it's coming. i can feel it. liz: nvidia was obviously one of the biggest tech winners of 2023 up 238%, despite the chip giant inimpressive gains. that can't repeat. chip stocks are poised to outgain nvidia in 2021, but which ones? david is of sound planning group. david, which ones, what do you say? >> i just see that a.i. is really changing here as we get into 2024 and we look forward into this industry that is at a new renaissance place. so i'm thinking amd and intel is set really well to perform as we move into this new year. one of the big challenges with nvidia, is the constraint of chips you can actually get by ultimately supply and demand makes the price go high. amd and intel looking to come out with chips that will be as comparable as close to but lower

prices. i think that will bode very well for those specific chip-makers as we move forward here. it will obviously bring a lot of revolution. liz: when you say lower prices, p-e ratios for nvidia, amd, some of these other names. you can see they're all pretty darn rich. n nvidia, 39. intel 15. i get that. david, 15 seconds the dow at record. it needed 21 points. it is up 27. what do you foresee for the year? >> i think we'll have a melt-up. that will probably lead to a melt-down. i don't see an election cycle happening but it is combing. [closing bell rings. liz: david, thank you so much. former fdic chair -- ♪. larry: hello folks, welcome to