is greater, those presidents were reelected. where it was worse, those presidents were sent home. right now biden is right in the middle. then, of course, there's inflation. the 2-year average is what they look at. george h.w. bush was a little bit higher than where biden is forecast, carter was out of this world. obviously, he was not reelected. the outlier, president trump. here's what's interesting though with trump, because he had so little inflation, this will be a campaign issue for him. stack my inflation versus biden's inflation. but, of course, i think the biggest thing we should look at right now is what i call the big mac indicator. last month if this went viral. a big mac meal costs $18, folks. $18. it lit up the internet. if big mac meals are $18, we may have someone new in the white house, just saying. liz claman, over to you. liz: two all beef patties, lettuce, sauce, pickles onions

on a sesame seed bun. charles: i remember that commercial. remember slinky? web that r -- remember that one? [laughter] >> liz: i can't remember what happened three hours ago, but i can remember the big mac order. [laughter] downside action in the nasdaq as we kick off the a final hour of trade. the markets are in a little bit of a defensive crouch, but compared to the dow's fractional a loss right now, barely anything, and the s&p's half a percent loss, the nasdaq's 1% loss sticks out just a bit. that tumble, a little bit more prominent. we were already coming off a losing week for the major averages, but investors are on tinder hooks ahead of one particular earnings report, the magnificent seven's a mount everest are. that would be chipmaker nvidia. investors are watching just under $100 billion of market cap wipedded out at this hour ahead of its fourth quarter numbers tomorrow. shares of the leader in artificial intelligence semiconductor manufacturing are sliding at the moment by 4.1 --

4.8, rather. and as we continue to watch this, it's at $691 a share. this is the largest percentage decrease in 14 months. earlier it was worse, you can see rah intraday, you know, it's come back up just a bit. sure, some of the slippage might be pre-earnings release jitters, but according to a report by the information, moth ceo satya nadella who's made a huge investment in openairks is angling to develop a.i. server gear in the form of a network card that could lessen microsoft's reliance on nvidia's chips. that would just be smart business with, right? so that hurts nvidia's stock. right now got microsoft down about two-thirds of a percent. earnings reports will come fast and furious this week starting this afternoon with casino jiercht caesar's entertainment. the sectors has strugglinged over the past year even as las vegas really appears to be blazing hot with the super bowl, the sphere, pro sports and so much more.

caesar's down about 2%. you know, mgm just reported a 22% pop in revenues last week but was punished for a mismiss in regional ca a see know revenues. are those issues in the rearview mirror, and what's ahead? mgm ceo bill hornbuckle joins i live -- joins us live this hour in a fox business exclusive. look at this, so capital one shares have barely fought their way into the green in this final hour of trade after confirming that it has made a deal to buy discover financial for $35.3 billion, about a 27% premium to friday's closing price. the tie-up would create a credit card and payments whale. capital one financial has dropped to 129 earlier in the session. it's now at $137 and change. discover, though, it is a winner on that news, up 13%. that's a 2-year peak. of course, the deal must if hold up under regulatory scrutiny, but capital one's ceo says that the buy is well positioned for

government approval. we shall see, because you never know depending on the administration. but does this deal indicate that stock valuations are coming off the boil and more attractive as not just merger targets, but maybe stock buys? to the floor show and scott specialing of thomas lee, the private equity giant that's fueled more than 600 acquisitions over the past five decades. and you're in buying companies outright, scott. it's great to have you, but your perspective is also really value valuable to the average investors who are looking for valuations that have been way too rich to come down. do you see any message in this capital one deal? >> well, i think the message is that in sectors that have very strong secular growth drivers that are sustainable, that people willing to apay reasonable multiples for those companies. and by reasonable, i mean high multiples for those companies. and i think what one has to look at is we've been in a, a long

run during which money was largely free, and during that time when money is free, or multiples really got to level that we hadn't seen historically other than times of extraordinary access. excess. and so we've been coming off of that. you've seen major corrections across most sectors because of that. and there are sectors that have become a bigger and bigger e part part of the overall market index or indices that have extraordinary the business models to them; very high recurring revenues, very high margins. and and those business models, the magnificent seven, by and large, or magnificent six perhaps, are being rewarded by the market because of the predictability of strong, sustained secular growth to them. liz: well, you know, if we

stretch it out and we started looking at 3-year charts of the major indices or the russell 2000, you can see that stocks have climbed and climbed and climbed. but when would valuations start to really look attractive for the average investor right now? and, again, i know as a private equity leader, thomas lee, you guys are looking for companies that have come down just a bit and and whose owners are getting a little bit more realistic. >> yes. liz: are we getting more realistic? >> i think we're getting towards that point. i will say the private markets were slower in coming down in terms of the ask, if you will, for good companies. and, therefore, the volume of deals that were done last year, as we know, was pretty close to a two-decades-long low. however, we're starting to see more of a break in terms of the asked-for companies in that bid-ask spread has narrowed. so we're more optimistic this

year we'll see a higher volume of opportunities of companies that will actually be bought. last year the volume of companies for sale was as a high as ever, but the number of transactions that were consummated was down. so i'm more op optimistic about m and h -- m&a going into this year than the level that we saw last year. i also would be very cautious overall. one has to remember that the levels of uncertainty that we've seen across the globe not just from a financial perspective, but also from a geopolitical perspective are about as high as we've ever seen. now, the market seems to incorporate that into its thinking in ways that tends to diminish the potential downside of a numb of those the factors -- a number of those factors, but i think we need to be very aware of the downside risk some of those things might cause, and we also have to look

beneath the surface and say, yes, the consumer's been strong, but we went from a period that because of no spending during covid plus significant fiscal stimulus from the if government -- lots of money in people's pockets, trillions of dollars -- we had twice the savings rate for a period of about 18 months. and then -- tan we normally had. that money's all a been spent and more. and so when one looks at the pressure on consumers, one has to look at the fact that we are now at a some of the highest levels of consumer debt that we've ever seen and that we're starting to see some cracks in the consumer's ability to keep up the very high level of spending that has underpinned the strength of the market that a we've seen over the last 6-12 months. liz: scott, you talk about the market almost shrug aring off all a of these -- shrugging off all of these race risks geo politically that are out there. you look at the volatility the index which right now has a 15 handle, but whoopee, that's

historically low. today it's up about 4%. what metric do you look for to see whether the market is too complacent beyond the vix? >> well, we look at the fundamental drivers, so we're looking at the multiples on companies relative to earningsings expectations. and one of the things that gives me some level of optimism is that the there are sectors out there or that have very strong growth outlooks driven by changes in technology or the nature of how businesses serve other sectors. so what do i mean by that. think about life science, for example. life science, numerous technological changes are a making the job of creating drugs in companies that can service the pharma if companies and the biotech companies in a way that increase efficiency e, provide for a higher probability of success in searching for cures for a wide range of diseases,

the ability of our caregivers to utilize technologies both therapeutically and diagnostically. it gives me some level of optimism in that part of the world -- liz: sorry to interrupt, but what about -- okay, you just brought up automation and whether that's overall in hardware, in fin-tech. you've identified these sector it is as a real opportunity.. -- sectors as real opportunity. what about autoa mission? >> i think one of the things that we're seeing is technology enabling a greater application of automation to a where are very broad range of activity. not just the traditional way of improving the efficiencies of warehouses, distribution centers and and the factory floor, but you're also seeing automation driving significant efficiencies at white collar activities and the kinds of businesses that

have historically not been as efficient as others at the key business processes that they have. so we see enormous opportunities to unite utilize these technologies in insurance,, in ore forms of financial service. we see enormous activity in utilizing technologies to be able to take the more mundane tasks off the plate of employees and allow them to focus on the higher value-added, more rewarding type of tasks that will increase overall productivity in the economy. i'm not so sure that we're going to get back to 2% real wage growth. i think what we're more likely to see is higher wage inflation, in the 3-5% range -- liz: okay. >> -- but offset by higher levels of sustained productivity through automation. liz e liz scott, thank you. >> you're very welcome. of. liz: you sound like one of your come patriots in the private ec

by world -- equity world, orlando west virginia slow. he said you don't have to buy a.i., you buy the companies benefiting from a.i. >> exactly. just stay away from the ones that are going to be on the downside of what generative a. a.i. does. liz: well, true. and that are too richly valued according to what their earnings power is. >> yes. exactly. liz: thank you for that a guidance. good to see you. >> you're so very welcome. liz: a stunner in the world of sports merch. right after iowa hawkeyes' caitlin clark set the points record, access now sports wear that fanatics top selling nil as thousands of merger says get snapped up. don't you wish she was a stock? kendrick per if kins is about to unveil new investment platform he is co-launching that enables student-athletes and investors to capitalize on nil potential.

caitlin's potential is already a reality. the iowa phenom has signed with companies including pepsi's gatorade, buick and nike. "the claman countdown" is back in a minute, you've got to hear about this investment opportunity. ♪ ♪ this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. everywhere but the seat. the seat is leather. alan, we get it. you love your bike. we do, too. that's why we're america's number-one motorcycle insurer. but do you have to wedge it into everything?

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liz: breaking news, fubo tv shares are down about a 3% after "the wall street journal" reported pretty much in the last couple of minutes that fubo is suing to block disney's espn, warner brothers-discovery and fox's plan for a sports and streaming service joint venture or sports bundle that we told you about, about a week and a half if ago.

the sport-centric streaming service alleges that the trio wouldn't let fubo carry a smaller bundle of sports-focused channels that they are now looking to include in the new service. i fubo complaining that they're getting iced out. fox is down about a percent, wallet does nebraska down about 1.3 percent. well, from sports streaming wars to the athletes on the maul screen, iowa women's basketball star kate lin clark, she's -- caitlin clark, she's not done breaking records. the senior guard is now the top selling nil athlete on fanatics after she smashed the ncaa a division i women's all-time scoring record last week. her 49 points last week hoisted her total -- [laughter] to 3,5 of 9 -- 3,569. fanatics said what pushed clark to the top was the t-shirt by her partner, nike, that says you break it, you own it. that's very creative. i'm liking it. clark is among many college

athletes capitalizing on their nil or name, image and likeness, but striking deals with both local and huge national brands. now a former nba a champ wants to help athletes maximize their nil potential and at the same time let investors come along for a piece of that ride. enter nilly, this is a name, image andness investment platform cofounded by boston celtic kendrick perkins. it allows people to invest in nil rights while student-athletes capitalize on their nir earnings -- nil earnings potential. kendrick is here to talk about how it works. before we even get to that because it's breaking news, kendrick, what do you make of fubo tv which has been a streaming platform suing against the triumvirate of the sports bundle? >> well, it's not surprising, right? because everyone is trying to find their niche. everyone wants to get, you know, their space in the streaming

world especially when it comes to sports. and it's going to -- look, i'm telling you, this is not going to be the first, right? like, the next four or five years, there's going a lot of tension going on between a lot of different networks when it comes to these rights, especially streaming rights and trying to find their window of opportunity. liz: yeah. but the nba rights, some of that is up for grabs at the moment. you're looking at turner, who would have loved to have it, but does warner brothers-discovery have the money? >> with we don't know, but i know one thing, there's competition that's going to be out there. you've got to look at espn -- liz: and you, of course -- >> absolutely, absolutely. and you've got to look at, you know, amazon prime, you know? all of these networks are boeing to be making a pitch. and you have to realize adam silver said he's open to everything. he's open to everything. [laughter] so that that opened up a lot of eyes and a lot of doors. liz: fox business is going to put in a bid. [laughter] i say it's open to us.

well, you both have come up with this idea to capitalize not just for the student-athlete, but allowing, chris, for investors to also hitch a ride on student-athletes who are now, according to ncaa changes, allowed to capitalize on their name, image and likeness while they are students. how can an investor capitalize on this? >> yeah, that's right. so basically nil rights are royalties, and you can invest in royalties. investors have been investing in royalties for a while. 1997, when i was at prudential, we worked on a deal for a musician, david bowie, and those became famous as bowie bonds. that was an example of investors investing in royalties. n if ils are royalties, and what we allow investors to do is to invest in these nil rights by basically investing in teams they like, college teams they

like or just strategies like women's basketball, for example. liz: well, let's talk about caitlin, for example. she has all kinds of deals, and it's the not just with nike. she's got, i mean, you talk about all of these names that we can put some of them up here. she's making a fortune as she is a student. kendrick, what can nihli do for someone like that? she's already so far ahead of this, isn't she? >> she's already ahead of it. we're catering more to the upcoming athletes. you know, and the thing the about nilly is this, righter it's the new pratt platform, it's the only platform in the country that actually could cater and, should i say, you know, put student-athletes in high school in a position to have control and and in power. first of all, let me say thank you for having me in this comfortable seat, you know, because it hides my belly.

[laughter] liz: wide shot, please. >> i love the shot is. [laughter] but when you think about nilly and i just think about, you know, how it relates to me, i was a student-athlete at one point -- liz: and you couldn't make a dime off that. >> i couldn't -- well, the only dime i could make was the only choice i had was to actually go to the ng -- nba -- lid liz straight from high school. >> righter because i missed the college experience because of the situation i was in. being raised by my grandparents, them not being able to financially support me, that, you know, support me in ways of traveling for aau. i tell this story or to everybody about, you know, my first time going to aau basketball tournament, i went to las vegas, and i was there for about four or five days, and my grandmother sent me with $20 and a roll of pennies. so when you think about today's athlete, we all a come from similar backgrounds, right?

not financially stable, parents really can't support. so what do you see? you see student-athletes reclassing up, right? basically skipping their childhood to be an adult, to be able to have the finances when they get to college. so, you know, this -- liz: sure. so how does it work, chris? i mean, you give them the right to have 75% of the nil deals that they have, but you give them a fee if up front so they can have instant money, correct? >> yeah. that's right. are. liz: so you, you take 25%, and how does an investor bet? do they bet on an individual player, or can they do a team? conference? >> yeah. right, exactly. so what we're doing is we're buying the rights from the athlete and giving them a up-front license fee pa payment. then. liz: based on what, even before they have the deal if. >> yeah, but we know, we have a really good idea what nil

earnings are going to be -- liz: well, sure. you rook at olivia dunn, for example, the louisiana gymnast. she has many deal, american eagle, vuori, she's just huge. there are many others. bronny james with. bronny james did about $5.9 million before he even signed with usc. so are you striking those deals, those future deals with them? >> yeah. but as kendrick said, it's more like up and coming players. once they've already made it,ny james doesn't need that -- bronny james didn't need that amount of system, but the vast majority of other players do. they're too young, they're too early, they haven't had -- they don't have that name cache already, so they need help in the beginning, and we can provide that. liz: so how do i bet on a player for the cal bears, my alma if matter -- >> there you go. liz: berkeley? >> investors are cor -- can go in and pick any team they want. right now we're initially

supporting football, men's and women's basketball, and you can actually invest in one of those teams. >> i mean, liz, liz, this is the best thing for an investor and if a student-athlete since moby dick was a goldfish, okay in. [laughter] when you think about what's at stake right now and you think, just think, caleb williams, a guy that's projected, the quarterback at a usc, he made around $4-5 million. shedeur sanders made multimillions at colorado. these players are making money. so the trajectory and us doing our due diligence on these, on these student-athletes while they're in high school is going to, you know, it's going to be wondrous -- liz: the company is called nilly. kendrick, chris, thank you. we'll continue to watch this opportunity for students andne investors. we are coming righxium 2t back. ♪ get all-day and all-night heartburn acid prevention

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i'm coming up! rewards once available to the few are now accessible to the many. earn points for travel with credit one bank, and live large. liz: fox business alert we're at the bottom of the hour, 29 minutes left and and change to trade, ev makers losing power after the european uniunion reports ev car registrations in january fell over 42% from the priest month. tesla right now down 3.5%. fisker's 64 cent stock right now, down 12.5% and lucid down 2.33%. it's not just u.s. ev companies. chinese automakers are getting hammered.

xpeng down 5.7% and byd down 4.5%. separately, ford announced it has lowered the price of its 2023 mustang mach e, that's the electronic ev, by up to $8100 after sales fell sharply in january. the lowest price of the electric suv now has a suggested retail price of about $39,985. that's down if $42,995. the company is also offering 0% financing for 72 months and and a $7500 cash incentive on lease vehicles as the mach e does not qualify for the government's $7 a 00 -- 7500 ev tax credit. only a few actually qualify. ford shares pretty much flat at $12.30. on a down day for most chip stock thes, you have to spots of green after the u.s. government began to dole out money from the chips act to bring semi

manufacturing back to u.s. soil. chip maker global foundries up 1.9%. it was awarded a $1.5 billion contract which it will use towards building a semiconductor production if facility in mall that, new york, and expand its vermont facility. and bloomberg is reporting that intel is in talks for $10 billion in subsidies from the biden administration. this would be the largest award yet, would include both loans and grants. intel's been waiting on that. in fact, they've paused system of their plans for the big ohio foundry e, city, it's almost a city, but intel's popping about 2. this is a case of a stock literally going to the moon. intuitive machines blasting higher as its 1n-1 moon if lander is skill scheduled to land on the moon's south pole on thursday, the first lunar if touchdown by a privately-owned u.s. company. price target raised from $4 to $15. stock's at a $so 10.90, saying

the company is showcasing its innovations including the use of a liquid oxygen methane fuel engine which would help it travel faster than its competitors. while the stock is up 316% year to date -- [laughter] 47% of that is right now for intuitive machines, ticker symbol lunr. let's come back down to planet if earth. americans are getting ready for the april 15th tax deadline, and today we're going to focus question on the income earned from treasury yields. parking money in government bonds, especially the shorter term due ration t-bills, was one of the hottest nirvana if places to park your cash last year. that has spilled over to this year as well. i mean, if you look, after hitting a high of 5.53% in 2023, the yield on the 3-month t-bill is still at a hell 5.378%. so with those kinds of meaty yields, it's time to pay the pipe on all that interest income. how much? accountant and geltrude and

company founder dan geltrude is here: he's known as america's accountant. dan, let's get right to it. a lot of people think, oh, well, it's government bonds, and i leapt them money, okay, so i got some interest from that. they don't realize they're got -- they've got to pay taxes on that. >> of course they do. so let's go through an example here, liz. let's say you took a $10,000t-bill, you took it over 3 months. let's make the math easy, let's put it at 5%. and you roll that four times in a year, so you have it through the whole year. that that's going to result in about $500 of interest income which is ordinary income. so if you are in the highest tax bracket, federal tax bracket, at 37, you're talking about $185 of federal tax, so you're going to net about $315. but the good news is, is that those t-bills are exempt from

state tax. so is you are getting some benefit there. but still you've got to pay those ordinary rates, liz, and they can be high. liz: yeah, it could. you know, i'm holding in my hand a 10999 form. this is an interest form. it's one of the most popular ways, obviously, for buying t-bills, is through the treasury direct.gov web site. i have done it. you don't pay any fees, it's the best way to do it, yet the site does not take the time to e-mail you the 1099 form. you have to be proactive, correct? >> yeah, you do. and you know what, or liz? that's where the problems occur. because what happens is, is people forget about those 1099s. so if you happen not to be proif active and you don't -- proactive and you don't record that 1099 irk nt, what ends up happening is you file your return, you forget that interest income that you have, and you get one of those little love

notes from the irs that says -- [laughter] liz: you owe us more tax, and as an additional gift, how about some interest on that and not to mention the penalties. so this is the really a burden on the taxpayer that people aren't thinking about. liz: well, wait a minute. let me just say that i went on treasury.gov, you check in occasionally, it and says you have a little message here. and you click on that, and it sews you how much interest -- shows you how much interest you made and that you owe taxes on it. so, yes, y'all have to take more control of your own finances. i'm against, you know, forcing the government to help all of us, you know? if we've got to learn how to help ourselves. so i do understand the point of view. but let fox business be here to tell you, you have to be more proactive. what are some of the most common mistakes you see people making when it comes to filing their tax, their that tax forms aside from forgetting about the 1099 on their interest? >> well, that's a big one.

1099s in general is one of those things that people always get in trouble with because they forget about them. so, againing, you get that notice from the irs, you know? what happens here is, as crazy as it sounds, people don't check the math when they're doing their tax returns, when they're putting all that a information together. so you have math errors. you have people who don't know the right filing status. single, married filing joint9ly, married filing separately, head of house household. all those things have an impact on your tax filing. and also, listen, consider filing online. this whole thing with paper just adds to more problems, liz. so those are the things that you gotta be on top of. liz: dan, you're really understandable. i appreciate that for our viewers who get all -- [inaudible] when they're filing their taxes. good to see you. thank you so much. >> thanks, liz. liz: dan geltrude. by the way, any money you win

gambling, that's ooh considered taxable. but even as a gambling mecca las vegas morphs into one of the best travel destinations in the whole world -- can you know they've got the sphere, all these pro sports now -- why aren't casino stocks keeping pace with the s&p 500? coming up, the ceo of casino bellwether mgm resorts is here in a fox business exclusive. what's bill hornbuckle's plan to win big after the stock plummeted following its latest e earnings report? remember, it didn't include revenue from the super bowl, so we're going to get the scoop on what sort of windfall investors can expect. and hollywood is chatter eking about the massive box office windfall from bob marley: one love. it hauled in $52 million over the long holiday weekend. perhaps the biggest surprise, the movie's breakout costar, as aton barrett jr., he's any if -- it'ston -- aston the barrett

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we provide you with a free lifetime of aftercare. meaning free checkups, cleanings, and adjustments. i see someone new. someone happy. it's really made a difference. enjoy sweet offers during our limited time... ...love your hearing event. call 1-800-miracle now. liz: here comes the countdown to the closing bell, about 15 and a half minute away. we're waiting on casino and hotel operator caesar's entertainment to put out its earnings release. shares are down about 1.% to $41.71. here is what investors are looking for, a loss of 4 cents per share on $2.85 billion in revenue. that would mark a year-over-year improvement on both the top and bottom line. investors have not been keen to roll the dice on caesar's this year. shares are down about 11% year to date and down 19% year over year.

mgm resorts also down on the year after investors cashed in their chips following earnings last week. joining me now is mgm resorts international ceo bill hornbuckle live from las vegas. you know, this must be if frustrating for you, bill. you posted a beat on both the top and bottom line. the stock gets totally punished last week. you were the worst performer on the s&p simply because -- shouldn't say simply, because it mattered to some investors, but there was a pullback in regional casino here in the u.s., casino revenues. but what do you want investors to know if you're making the case for them right now as to why they should be looking ahead and not back? >> i mean, look, short term the question really is can las vegas continue to grow and repeat itself. and if you think about our spectrum, we have really four key components, las vegas, regionals, macaw and our digital business. if i think about las vegas in the short term, i think p.o. s our bookings continue to be up. we just launched the marriott deal.

we're seeing week over week continued strength in our convention business year over year. we've just come off an amazing super bowl, and we're in the midst of chinese new year's, all showing positive signs. and is so when i think about las vegas, i think about the near term, think positive. if this spring we have three amazing concerts, springsteen, ma madonna, the rolling stones. so the activity that's driven us will continue. regionals were soft in the fourth quarter. we obviously went new through a strike in detroit. we look for that to rebound. and ma a cau continues tock -- macau continues to be on fire. our digital business remains solid and we have high props if really after '24 but as we think about '25 and '26, it really is about the las vegas story and continuing our growth here. liz: well, let's just a make this point too because investor-viewers who watch the show like to learn certain thing, and one of the important things i think that has to do with the fact that the regional

revenues fell about 12 percent during the last quarter. there was a ca a see though workers' strike in detroit. they have since ratified a 5-year contract. that's in the rfl. correct? if -- rearview mirror, correct? so really if you're looking for some other negative aspect of that, i would imagine that whether it's mgm if national harbor that's in maryland, the grand detroit, springfield, and you've still got the yonkers, right? empire city, are we seeing a turn around? could we see a turn around this quarter with at least? >> yeah. we were off about a of 60 million. of that 60 million, two instances caused 90% of it. the strike in detroit, as you mentioned, and we have some very, very high vip play in national harbor that simply didn't come back in this year. those two alone were 90% of tha. so the market -- $60 odd million. our regionals are performing well, we've committed with 30% margin in that a business. liz: okay. >> and i think we have to keep

it in perspective as it relates to the overall bottom line of the company. while important, while consistent theater market, all of the thing we do, las vegas continues to drive and continues to drive well. and, again, macau is simply outperforming. on macro, i think we have to put it in perspective and look to the future. liz and let's talk about the fact that las vegas has become this unbelievable sports destination. the golden knightingses -- knight, national hockey franchise, not to mention you got the raiders and the oakland as are coming. that ballpark is supposed to be built on the tropicana site across the street from mgm. you're ready to put in a lot more money for mgm if that's right in front of you, correct? >> look, you think about the south end of the strip and you think about where we're located and the properties that we have, obviously t mobile is right in the epicenter of all our act pivot case. we've got allee e i can't stadium in our backyard, and when the oakland as come, that

would literally be in our said yard on the corner of tropicana boulevard and nevada boulevard. it will cause us to reinvest in the south end of the trip and focus our time, energy and money on the mgm if brand. we'll be able through those three strayed yums and arenas alone have a million tickets a alone accessible to sports fans and entertainment fans all over the world. and if the super bowl's any if indication of what can be done here, and it is a great one, it will continue to boom in las vegas, and las vegas will continue to grow. high confidence in that. liz: the average daily room rate certainly spikes around events like the super bowl and formula 1. can you just give us a sense, because we're in the middle of the quarter that will capture super bowl revenues. they gonna beat? >> they're gonna beat last year almost by 2x. put it in perspective. liz: wow. okay. all right, folks -- >> and the rooms portion alone beat mitt romney la 1, which is

kind of -- formula 1, which is incredible that i say that three months later. super bowl was an amazing performer for the company and the community. it was an event that 350,000 fans came to las vegas, and and they've done something they hadn't done before at a level they hadn't done before. again, we'd love to host it again, but for now we're glad we did this quarter. liz: well, for a guy who drove to vegas in a van and had a bartending job, you've done really well, and you've climbed the climb. bill, it's great to have you. thank you. >> thank you. have a good day. liz: you too. mgm's bill hornbuckle. and our countdown closer's about to go nuclear with his portfolio suggestion. stick around to find out what's energizing tony as the closing bell rings in 9 minutes. stay tuned. dow jones industrials down about 104 points. s&p down 35. the nasdaq down 168. ♪ maybe rich is less about reaching a magic number...

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♪. liz: closing bell, we are about four minutes away. the dow jones industrials are down08, the s&p lower by 37. nasdaq getting slipped by 1% or 168 points. russell the biggest percentage loss leader down 1 1/2% or 30 points. by the way the nasdaq is on pace

for its second down day in a row on holiday shortened weak. volume is pretty thin so nobody get hysterical. the last time crude oil settled above $80 a barrel, you have to go back to november 6, more than three months ago. right now we have it at$7.20. our downdown closer says no matter how close we get he is trimming his oil investments but going into another energy source that he feels is going nuclear. we have tony sabangala. tony, nymex crude, i'm looking year-to-date it has had a very nice move of about 7%, not bad certainly. you say take the profits and shift somewhere else? >> yeah. the problem is is that we're going through this real movement towards carbon neutral energy and nuclear might be the secular growth story that we need because it goes beyond the

strength of the consumer, the economy, inflation report, future rate cuts and who may be the president of the united states come november. again this is a world movement. alternative energy sources like solar and wind, they're not cutting the mustard. they are just not ready for prime time where nuclear has a 50 year track record. it's reliable, it's cheap, it's proven. why we like a company like camaco they're located in north america up in canada which happens to be a politically stable company. it is easily accessible by the united states. the russia is the other big player in this export. they're not as friendly and probably preoccupied with a war right now. if we switch over to washington nuclear is getting support from both sides of the aisle. the biden administration has been allocating billions to nuclear plants and trump has come out and been a supporter of nuclear energy. this is a trade we got into about a year ago in the mid

20s and we've been trimming it as it has been approaching 40 or $50. right now cameco is down 20%, somewhere around 41, $42 and my team we've been talking about adding more if this dips below at $40 a share. liz: i'm looking right now, cam mexico has had a very nice move, up 46%. you can buy the global etf, correct? some are saying i don't know nuclear stocks. they're not as easy to find or understand. you can buy a basket that would catch some of that? >> exactly. it helps us get broader exposure. as i was communicating with my team, we are using uranium etf, ura, and it helps balance out the speculative small and mid-cap exposure because cameco is the biggest true stock play for us. simultaneously we're trimming positions in fossil fuels like

diamondback and baker hughes because there seems to be, first of all increasing oil supply. something is happening in the united states and it is, we're silently breaking oil production records which is very contradictly to the current administration's green agenda. my theory they're just trying to keep gas places below, cheap before the election. china is very unstable right now and there is volatility in the middle east so the fact that oil can't get over $80 a share is very surprising. >> tony, great to see you. he is going nuclear, folks. he is selling out some energy names he had before and going into cameco and ura. tony, great to have you. [closing bell rings] stocks continue their slide from last week with the dow down 64 points. it is nvidia weighing heavily on the nasdaq. that index down close to 1% today. we will see you tomorrow. ♪. larry: hello, folks, welcome to