tv Varney Company FOX Business May 2, 2024 9:00am-10:00am EDT
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that's great. >> to that point, i spoke with, on my show, a police lieutenant who saidment expect them, to do this operation fully e in the daylight partly to protect the police officers' safety, partially to make sure you get a full record so when they're accused of abuse at the end of the day, you can say, hey, there was nothing. but to your point, you get to see their faces. maria: that's a great point, because this was going on at 2 a.m., 1 a.m., but the cops didn't move in until the sun came up. rebecca. >> so smart. we've gone so far, we need god to help this country. maria: yeah. well, it's certainly scary times across the country and the world right now. we are going to continue following if all of this. we have 30 minutes until the opening bell sounds for a authorize. markets are higher on the fed news, dow up 190, nasdaq also up in the triple digit, and i want to thank you, mark, rebecca and todd, thank you so much for being here, great show is. join us tomorrow. ing have a good day, everybody.
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"varney & company" pix it up now. stuart: good morning, everyone. dramatic scenes overnight. police moved onto the ucla cams pus and forcefully dismantled the bare with decades. the occupation is now over, and here come the questions. where's the president? we have tracked his appearances, and in the last a eight days he has attended four campaign events and given an extremely softball interview to howard stern. he has not directly addressed the anti-semitism that is convulsing college campuses. who is organizing these protests? new york mayor adams says it's outside agitators. "the new york times" interviewed a 63-year-old professional who trains activists. she's not a student, but she was in the middle of the columbia occupation. and the protests, are they winding down? maybe for now, yes. but the professionals are gearing up to create mayhem at the democrats' convention in chicago three months from now p. big news. lots of it. it's coming your way later. there is other big news.
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a modest feign for stocks after a mixed performance wednesday. the dow up nearly 200 and look at the nasdaq, up 133, that's about a three-quarters of 11%. bitcoin, not much action, $58,000 a coin, 58,5 right now. the 10-year treasury yield retreating from the 4.7% level, 4.63. and the 2-year retreating from 5%. of it's now at 4.94. oil at one point dropped below $80 a barrel, till there, $79 even as we speak, 78.98 right now. ing gas, hardly changed, $3.67 national average, diesel at $4 a gallon. all right, politics. chaos on campus. this is biden's america. how has the media covered it? biased. they're tolerating antisemitism in the name of free speech. apple releases its latest financial report later today. this is the most valuable company and the most widely-held stock. how they perform will have a lot to do with the future of the whole market. on the show today, senator ted
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cruz. he'll tell us what it's like to have demonstrate theres outside your home night after night. it's happening to um him. and riley gaines joins us with the story of a biological male who wants to play women's water polo. yeah, another big day coming for you. it is thursday, may 2nd, 20 this. "varney & company" is about to begin. ♪ ♪ ♪ stuart: we're going to get right to the chaos at a ucla. police, as we told you, moved in to break up the encampments of those anti-israel protesters. good morning, lauren. you've got a lot to go at. lauren: and now the sun is out in l.a., so you can actually see what with's going on. does any of this look like a peaceful free speech protest? not at all. yesterday the protesters set up barricades around their encampment, the drills going at night if, and hen the loud speakers at the university went off all night telling them talk
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them down or you will be arrested -- take them down. they didn't listen. the police went in, the protesters used umbrellas as shields, they shined flashlights in the police officers' eyes to blind them. most of these protesters are anti-police. and they also say they are the victims here. we saw this coming. the protesters prepared. they publicly asked for shields, elbow pads, zip ties, utility gloves. then for vegan and gluten-free food specifically, and i'm not joking, no a bagels and no coffee. that's anti-american. [laughter] >> also means you have no energy. i mean, bagels give you energy, for cry canning out loud. stuart: that's very funny. that's anti-american. [laughter] what are these people -- lauren: why would they put that specifically in their list of demands? no processed food, no bagels, no coffee. >> well, you could argue that bagels are perceived as, you know, jewish food -- stuart: i didn't get that. lauren: okay. what about coffee? >> who knows?
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[laughter] these kids -- lauren: it's just so random. >> they're kids, they're confused. stuart: they are, indeed. i want to bring in ainsley earhart at a diner in knoxville, tennessee. knoxville has been seeing a fair share of anti-israel protests on the campuses there. it's a red state. how do the diners feel about all of this? >> well, you know, we were here last night for something called unite, and it was started at auburn university. the assistant basketball coach's wife is a really strong christian there, and so she was spreading the gospel and talking to other kids or students at the school, and she said we need jesus. so then she took that message, other colleges contacted her and said can you come to our college too. so she went to alabama, she went to fsu, she went to uga and then the last night she was at tennessee. there were the 8,000 people that filled the arena. so as we were driving through the campus, we did see some of the anti-israel protests, but we walked into that the arena, the basketball arena, it was packed. 8,000 people, it was praise and
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worship up on stage. there were speakers that were dressed really hip and cool, they were talking to the college students telling them about what's happening out there at other colleges. we need love, we we need jesus. so let's talk to some of the people that were there. when you look at what's happening at ucla and columbia university or and you looked around that room yesterday, a stark deference. >> yeah, there's a huge difference. i moan, just -- i mean, just to see christians just believers and nonbelievers come together and just worship god and jesus christ, our savior, it's so cool to see, and it really, truly unites out -- us. and just to see campus come together and just have a clear vision of what it looks like to worship god and have those values, it's really, it's really cool the see. >> remind me of your maim and what year you are. >> my name's alex joseph, i'm a freshman -- >> great, alex, thank you. and tell me your name. >> sean kroger. >> what year. >> i'm a senior here -- >> oh, my gosh. what did you think of the images
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on tv of all these protests, but then you looked around last night, 150 people were baptized mt. parking lot in those ice plunge if buckets. stark difference, right? >> absolutely. i think we just live in a broken world, and there's a lot of hate going around. and last night was full of joy and love. and we were trying to share the gospel and the love of jesus and that, you know, there is hope for everybody no matter how far down you think your life has gone. >> all right, thank you so much. y'all, thank you for being here. y'all have been here all morning with us on "fox & friends." stuart, a different can story here. they're such strong christians, and they're sending so much love to everyone. stuart: ainsley, it's a good story, and thanks for bringing it for if us. >> i agree. thank you. thanks for having me. stuart: all right. look who's with me now, adam johnson. >> yes, sir. stuart: looking at the market. i like the look of it so far, up 180 on the dow, 130 on the nasdaq. now, are you convinced -- >> yeah. stuart: -- that this is a rebound after -- april was an
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awful month for stock. >> april was the second worst month in about a year and a half. stuart: yeah. is this the true rebound that takes us back to -- >> yeah. you know, i think you have to think about what happened in april and what appears to be happening in may in the context of a continuum, right? you know, nothing in life is a straight line, right? and as a growth investor, i wish that my stocks went up every day, but they don't. people forget nvidia actually went down 23% from the high down to the low in about 4 weeks. did i sell any? no, of course not. stocks never move in a straight lineful we have earnings growth of 9% thus far for companies that have reported. and and, by the way, more than half the companies in the s&p have reported, so that's pretty good. i feel comfortable with with that. and we learned yesterday that chairman powell is not going to raise rates. he might not lower them, but at least he's not going to raise them. stuart: that was a scare for a while. >> yeah, it was. stuart: tell me about apple. what are you looking for? >> there are only three numbers, i think, that matter for apple,
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52, 17 and 1.3. stuart: let's start with 52. what's that about? >> 52% of revenues at apple come from the iphone. you can argue arguably rename is company iphone, and qualcomm told us two days ago that the iphone refresh cycle has begun. right? people are now getting new iphones to replace old ones. will apple confirm that for us? that's the 52 number. stuart: and the next number? >> 17, ios17 is the current operating system, and it was talked about as the great new a.i.-powered operating system. the only thing it does is spell check at little better. we need more detail. stuart: $1.3 billion. >> there are 1.3 billion people living in india, 1.4 in china. if apple can just make their indian business look like their chinese business, earnings will grow 30%, the stock the will be trading in the teens, a pe
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multiple of 17 or 18, that's cheap. everyone's going to want to own it. stuart okay, $171 right now, are you buying more today at that price? >> yes. i think the stock can get into the mid 2000s easily-- 200s. stuart: in a year? if. >> yes, sir. stuart: you're on tape saying that. say there, please, you're with me for the hour. coming up, nashville locals say their city no longer looks the same. too many people are moving n. i'll ask resident john rich if he feels that way. anti-israel activists have protested outside senator ted cruz's house more than a dozen times in the past few weeks. the senator says, hey, no amount of intimidation's going to change his support for israel. the senator is here and he's next. ♪ ♪ as an independent financial advisor, i stand by these promises. as a fiduciary, i promise to be the financial steward that you and your family need. i promise to put your long-term financial well-being
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stuart: alexandria ocasio-cortez, as in aoc, not happy that the nypd have cleared out protesters at columbia. you've got to watch this. >> the size and the scale and the scope of what we saw mobilized in columbia yesterday and not just in columbia, but also against city college, a public institution, is shameful. we're talking about mobilization of hundreds if not thousands of personnel to raid two separate college campuses and to pepper spray students resulting in many injuries, resulting in just an enormous if amount of fear. we are lucky that someone was not killed last night. stuart: i want to hear from will cain. fortunately, he's on the screen on the right-hand side right there. endangers public safety, shameful. all right, will, have at it.
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>> man, these people, including aoc, so badly want to have their 1960s. they so bad lu want to have their vietnam war moment it gave a sense e of purpose, a reason for being, you know? people seem to have lost why they are on this earth, so they found it in a protest movement, and this generation is looking for that. at least part of this generation, stuart. this is a complicated affair with many different players, some who are paid agitators and organized by serious organizations looking to cause this kind of commotion. and aoc cast her lot with all of them, the ignorant if, the organized, the agitators, the an around a keyses, the ones who would brake break into buildings on columbia. and she says anybody who dares stop that is shameful. i think that aoc is shameful. stuart: okay. we've heard from mayor adams that it's outside agitators inspiring some of these protests, and the new york times actually interviewed a 63-year-old professional activist-organizer. my point would be that this is
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not over, that there are networks forming, gearing up for mayhem in chicago at the democrat convention in august. do you see it going that way? >> i do. that's exactly how i see it going. you know, the school part of this protest will come to an end in part, stuart, because school's going to come to an end, you know? we're here at the end of the semester, and kids will be going home. but, i guess not if they're not students, to your point. and i don't think they are. my suspicion would be, you know, a good 30, 40% of these people are students, others -- especially in a place like new york. but, yeah, because of what you just described, that's not going to be limited to college campuses, and you better get ready, democratic party, for chicago. hey, you want the 1960s back? guess what? you've got the convention in chicago. stuart: i think the whole thing is a huge negative for biden. last word to you. what do you say? >> i do too. and i think if there is a hidden contingent of america that sees -- because this is an attack on america.
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not just anti-semitism, not just policy in israel, but on america. they've made that a very clear. and there's a hidden contingent of, for example, frat boys out there willing to stand the up for the american flag, still have patriotism, bravery, still willing to stand is up for the american flag. that'll cost you an election, joe biden. stuart: well, there's a dramatic forecast if will cain. all right. will, thank you for joining us. see you again soon, i do hope. >> thanks, stuart. stuart: we're just getting ready to interview senator ted cruz, senator from texas, whose house, they've been demonstrating out of his house for a long time. we're just micking him up. the dow jill -- industrials on the upside this thursday morning, a gain of about 173 points right e now. nice gain for the nasdaq too, up 125. next pick -- mixed picture yesterday, a little bit more buying today. anti-israel agitators, they protested outside the home of texas senator ted cruz more than a dozen times in the past couple
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of weeks. senator cruz joins me now. what have these protests been like for you and your family, senator? >> well, i've got to tell you, it's been going on now for three months, every saturday morning at 7 a.m. there are anti-israel, pro-hamas protesters that show up outside my house. they're screaming, they're banging cow bell withs, they're blowing whistles, and they're doing can it to harass, to wake up -- i've got two teenage daughters who are 13 and 16. they don't really appreciate being woken up early saturday mornings. and i'll tell you, my neighbors, i've got a lot of neighbors who have young kids, and they've been harass aing my neighbors as well. this last friday they were there friday night if until 11 p.m. one of the moms in the neighborhood went out and asked law enforcement, can you do something about a it, and the protesters began screaming obscenities at these moms. it's really, it's really december turning. and and i'll tell you, stuart, number one, it's being paid for. this is a job for these radicals. they show up every week and
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someone's putting real money. but, number two, it's not going to succeed. my support for israel is unshakable, and the more they scream, the less it's going to do. but this is a tiny microcosm of what we're seeing happening at college campuses across the country where there are enormous if sums of money going into funding unrest and anti-semitism and attacks on israel right now. stuart: there are questions as to why biden has been silent on these protests, and he has largely been silent. >> yeah. stuart: trump say, however, hey, biden, you should speak out. watch this, senator. >> reporter: how do you explain his silence this week? >> the president has not been silent on this issue when it comes to hate speech, anti-semitism -- >> reporter: a school building, an ivy league campus -- >> and we called that out, and we said that is not peacefully protesting. >> biden should speak out. he should speak out. he should say something because nobody if knows with where he is. he's definitely against israel.
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if. stuart: senator, is biden silent because he's afraid of losing voters in, say, michigan. >> yeah, look, of course he is. biden has been in witness protection if over the last several weeks. he's terrified to say anything. if we actually had a strong president, i'll tell you what the president would do, the president would stand up and say these protests are disgusting, they're unacceptable. this hatred the of israel, this anti-semitism is utterly unacceptable. at columbia university the orthodox rabbi e-mailed every jewish student on campus and said egohome, stay home because columbia cannot and will not protect your safety. that is not right. and a real president would do what dwight d. eisenhower did when you had racist democrats in the south refusing to protect african-americans. he sent in the national guard. he said we're going to protect students even if you won't. when you look at the threats that are occurring, the threats of violence, in my view, any protester that is threatening the safety of another student, that is threatening to murder
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jews, and at the university of washington they were chanting to jews go back to the gas chamber, if you threaten the safety of another student, you should be arrested, you should be prosecuted, you should be expelled. and if you're a foreigner, you should be deported. and that's what real leadership would do right now. stuart: senator, i've got limited time, and i want to change the subject to something ewallly important. you're leading a bipartisan group of senators on a bill that would limit social media use for kids. can you spell out exactly what kind of limits you propose? if. >> well, sure. i've teamed up with ryan schatz, democrat from the state of hawaii, and the two of us have introduced a bill to protect kids online. in particular, it's focused on social media with. it says for kids under 13, they cannot be on social media. this is no reason for an 8-year-old, a 9-year-old to be oakes posed to all of the negative -- exposed to all of the negative pressures and attacks that occur on social media. for kids that are older, for
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teenagers, for anyone under 17, it prohibits big tech companies from using algorithm mix boosting to push addictive message. as i mentioned, i've got two teenage gerls at home. every parent i know, they're very worried about the garbage that comes in through the phones. and if you looked at social media that pushes negative messages to our kids, that pushes things undermining their body image, pushing self-harm, pushing suicidal ideation, pushing, by the way, anti-israel and anti-semitic messages, so this prohibits algorithmic boosting. it also includes a separate bill that the i in order called the eyes on the board bill that says in any school that receives federal funding, you have to block social media at schools. our students in school ought to be listening to the teacher and doing their school work, and they shouldn't be posting on instagram while they're in path class. stuart: thank you, mr. senator. we'd like a clear picture of exactly what you're proposing so
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stuart: dow's up nearly 200, nasdaq's up 150 if 3 minutes to go til the opening bell. d. dr. barton with us this morning. apple reports after the bell with. what does apple need to do, what's it need to show to get the stock price moving again? >> well, i think what we're going to see this afternoon, stuart, this probably some more disappointing numbers, some more revenue drop year-over-year which we don't like to see. but what we might also hear is about a big stock buyback, cash return toker shareholders which is a good thing. and i think that will help kind of mitigate maybe the problem that we've got with the number of iphones being sold going down. stuart: don't they need something big and new to carry them forward like, what is it, the a.i. iphone? isn't that what it's all about?
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what would be good for for them? >> we'd love to hear about that. i'm guessing, stuart, in a lot of, a lot of people out there that are trying to figure this out are looking at the developer conference coming in june. we think we'll hear something big about the iphone 16, the model coming out this fall, and if their a.i. ambition. i think that's the point at which we're going to have the a big push up, and i think buying apple on the little dips, little 5% dips between now and june is going to be a really good strategy, and we're going to like that a lot come this time next year. stuart: okay. i want you to talk to me about those headsets. i call them goggles. $3,000 worth of -- one of these things. i don't think that's going to take off. do you? >> institute, it's not my favorite thing -- stuart, it's not my favorite if thing. it's very immersive. i put 'em on when the first one
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came out. i got some for my son and i, and i actually was walking through a french garden and walked into a wall -- [laughter] of in my house because of how real list ec it was. finish -- realistic it was. however, stuart, i think it's going to be for decades just more fun until we have something where we don't do anything besides sit in a chair. stuart: okay. [laughter] apple's $172 per share as of right now. would you buy it at that price right now? >> i don't like it right now because of the volatility we're going to see this afternoon, stuart. after this afternoon, tomorrow morning, maybe a definite yes. but, again, watch for those 5% pullbacks. buy those heading into, heading into june. stuart: to you still use the doggles or -- goggles or do you put them out for a garage sale? >> they have been given away to a more needy person. [laughter] stuart stouter you're an honest
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man. d.r., thanks for joining us. i 9:30 on the button. she presses the button. off we go. to the upside, yes. the dow industrial, aen gain of about a, what, .62, 235 points higher. well above 38,000. and the vast majority of the dow 30 are in the green. i see just 2 losers, amgen, mcdonald's and 3m. three losers, there you go. the s&p 500, how's that opened in up 36 points, that's .73%, solid. the nasdaq composite, it is up 151 points, almost 11%. very -- 1%. very solid. show me big tech, please. any significant rebound there? not bad. apple up $2. amazon, microsoft still below $4000. alphabet, 164. meta, though, is down $2. i want to single out apple for a moment. lauren, what are the analyst -- i hate the expectationses game. what are they looking for? lauren: so i spent some time this morning, because i didn't
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want to publicly ask the question because i didn't want to appear that dumb, i was going to ask rob and stephen, are there a.i. foetures right now in the iphone? >> not really. lauren: there's not, okay. >> spell check. kind of sort of. lauren: we might get that in june, june 10th is the developers' conference, and next week tim cook is going to hint at what you will see in iphone 16 andish s os -- ios 16 is. you say india's pig? sales -- big? sales are down in china, $45 billion of their overall are revenue, and the vision pro, that's the name of the $3500 goggles. look, they're not supposed to be meaningful to their bottom line, but how is it doing? will they give us sales for that device. last question for apple we can get through this, have they been ea placed by nvidia. as went apple, so went the market in years past. but after five quarters in declines in sales, is nvidia the
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new apple? stuart: i'm not going to answer it -- in it's a good question. lauren: only time will tell. >> well, i would argue that tim cook is a caretaker, not a leader. cook is caretaker. and he's a good tear -- caretaker, but you need a visionary back in there. stuart: what do you think would happen if elon musk ran apple? >> i can't imagine. i'd kind of like to know though. stuart: i just want to make it absolutely clear, i cannot believe people will be walking around in goggles -- lauren: i don't think people want to. i think they'll have their purpose, but i love looking at the two of you with my real eye- >> thank you, that's very kind. [laughter] i do think there's a purpose for those things in training. you know, if you're a pilot, instead of going into a flight simulator, right? it's a cheaper version -- lauren: history class in school. >> you need to learn how to weld, you put those things on, and you're learning how to weld without welding. lauren: we should pool together our money -- stuart: i should buy one. work out with it and see what
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happens -- lauren: you work out? stuart: no, work it out. [laughter] lauren: i just heard stuart -- can. stuart: stuart you reported earlier this week -- i'm talking to you here, lauren -- microsoft is putting $1.7 billion into indonesia. now i know they're putting a couple of billion someplace else in asia -- lauren: $22.2 billion in -- 2.2 billion in a malaysia, a data center, a triple down on southeast asia where microsoft will build their cloud and a.i. structure the also hire hundreds of thousands of workers that they are upscaling right now. stuart: microsoft is still short of $400 a share, 39. show me doordash. i think it's way down. yeah, they're down 11%. what went wrong? lauren: they're not profitable, and management didn't tell investors when they would be profitable. aside from that, it was actually a very good quarter. record revenue, record number of orders, record value of orders, and they're moving beyond food delivery to delivering home
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improvement, lowe's, pet supplies. stuart: but if you can't make money -- lauren: i know. especially when your competitors are. uber is profitable. stuart: qualcomm, i know they're up 13% this calendar year, ooh, now they're up another 8. momentum? lauren: a.i. smartphones. a lot of androids do live translation, yen rahtive e-mail -- generative the e-mail completion and other features and that has boosted phone demand. the phone category has been really slow to recover and maybe it is. qualcomm says it has recovered in china. no signs of weakness there. and what qualcomm does is sell the processers for the android phones mostly. but they also sell chips for cars, and their automotive segment was up 35% in the quarter, and the stock is getting rewarded today. stuart: are you seriously going to collect for me to have a pair of goggles for my birthday? if. lauren: i prefer the oculus from meta because they're a tenth of the price. i would buy those for you. >> you probably get what you pay
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for. in for a penny, if in for a pound. come on, lauren -- [laughter] lauren: done, on the record. stuart: okay. hold on, novo nordisk, they've got wegovy. i know sales have almost double- lauren: yep. stuart: why is the stock down like that? lauren: because prices are coming down a little bit. that's the best answer i have for you. the numbers are really good. 1300,000 americans -- 13 if 00,000 americans take a weekly wegovy injection. that's not ozempic, that's just wegovy. and we're seeing novo nordisk keeps underestimating demand, hence, or they're lifting their outlook for the year over and over again. these are all a great problems to have. there's a race to increase output in this market that's expected to reach overall $100 billion a year for the weight loss drugs, but there's so much competition also. look at eli lilly, they had their factories running 24/7. so now novo nor dissing has more competition and lower prices. stuart: okay.
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thanks, lauren. so we're into this market six minutes, that's are where we are, it's i 9:36. adam's with us with stock picks. >> oh, there she is, chub. love it. yeah, this is the best run insurance company. i mean, it's really the rolls royce of insurance. you say, yeah, but adam, i thought you were the american ingenue ifty guy, right? they do a brilliant job at a running this business. they have the most efficient, lowest combined ratio in the business, trading only about 12 times earnings right now. it's cheap. historically trades at 16 times. it's growing 8-10%. it's a function of interest rates because that's the big question, and what does that do for the profits? don't worry about it, just buy it. it's making new highs and it'll continue to make new highs. stuart: you also like nvidia. it's under 8550, you like -- >> well, it went down into the 7000s. you know, at one point -- 700s, we hadn't talked about it for a while. it went down 23%, stuart, over
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several weeks. just about a month ago. and that was the correction that happened. well, we're through it. this company is still growing 85-90%. they announce earnings may 22nd. just own it. you want to own a.i., don't worry about, you know, what's apple or microsoft going to say, just buy nvidia. stuart: you make investing so simple. just buy it. >> well, on nvidia, yes. believe me, i've had plenty of -- names where it hasn't worked out. stuart: hope you're right. thank, adam. coming up, you may remember the actress dre ya demateo from her role in in the sopranos. >> oh, yeah, like tony soprano he's -- hiding in my back with seat. >> bring the car right here. >> i know. he's in disguise. that could be him. hey, tony! or maybe he's in the trash can. stuart: drea says hollywood is against biden's extreme left
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agenda, but their -- they're too too afraid to speak out. she's on the show later today. police have confirmed outside agitatorrers are, indeed, participating in the anti-israel protests on college campuses. we have the report on george soros' involvement later in the show. the president of the jewish university says this is a time of turmoil in higher education, and new he's asking jewish students to transfer to his school. why? the president is next. ♪
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power your life with generac. call or go online to request your free quote today. stuart: new york university has told protesters they must leave their encampments or face suspensions. c.b. cotton is there. the demonstrator, apparently, have not listened, c.b., so what happens now? if. >> reporter: hi, stu. well, we're waiting to see nyu's
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next steps in regard to the encampment behind me because students here have been threatened with suspension. but as a you can see, there are still about 10-20 tents, and there are plenty of supplies. i'm talking about the food, blankets, sleeping bags, water. and and these protesters are waking up to another day demanding nyu divest from if israel. so yesterday we watched as a hundreds of anti-israel protest theres marched through the city before arriving to nyu's encampment by the evening. nyu placed a nearby academic and commons building on lockdown as the crowd outside grew. a scuffle also broke out between a small crowd of pro-israeli counter-protesters as they chanted victory for israel, down with hamas. and over at city college, hundreds of anti-israel protesters gathered to denounce the mass if arrests tuesday night which happened at that campus and over at columbia university. officers cleared out an occupied hamilton hall.
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photos inside show the tables, chairs and desks students used to barricade themselves inside the building. columbia says that the hall is now an active crime scene, and according to one local report, of the nearly 300 people arrested tuesday night on new york campuses, more than 10% have been arrested before. arraignments for those protesters continue today. >> -- look carefully at each individual case on our docket and make decisions based on the facts and the law. that will be a thorough review -- [inaudible] footage, interview the witnesses. >> reporter: charges for those protesters i arrested tuesday night range from are trespassing, criminal mischief and burglary. stu, back to you. stuart: c. be. , thank you very much. rabbi president of the
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university joins me now. you just extended the transfer application deadline at your school. you want jewish students to transfer to your schools. why? >> thank you so much, stuart, for having me. it's a measure to be with you again. -- a pleasure to be with you again. just to be clear, actually it's not that we wan jewish students to transfer, we're being asked by jewish students to transfer. our transfer rate now is up 53% this year. we have students who regularly have chosen yeshiva university over universities like columbia. now we're seeing it more than ever. we are packed. our enrollment is full. we don't even -- we we don't even yet have the ability to fit everyone who wants, who is qualified who can come to the university. we have the longest wait list we've ever had, and but we will not leave behind any jewish student who is threatened.
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we cannot leave behind a jewish student who is threatened. so if jewish students are unsafe on their campuses, we are morally bound to create a portal to gulf them, to give them a police. stuart: -- a place. stuart: do you think columbia which is, in my opinion, a hotbed of anti-semitism at this moment, can it be reformed in. >> i think it needs to be reformed. you know, we cannot fit all the jewish students at yeshiva university, and it won't be good for america or our society. campuses should not be free from jews, they should be safe for jews. and we need to make sure that campuses like columbia are acting appropriately, taking the right actions to insure not mitigation of free speech, but all mitigation of hate speech. hate speech needs to be condemned, and and hate speech needs to be disflipped. if -- disciplined. we cannot have any ethnicity
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feel intimidated -- stuart: right. >> -- by their fellow students. stuart: the if it was any other minority, i think the outcry would be enormous. >> i can't even imagine -- stuart: exactly. >> stuart, you're totally right. you're totally right. stuart: it's unimaginable what would happen if black folks were being chased off campus. rabbi, i'm sorry i'm out of time. it's always a pleasure having you on the show. >> okay, thank you, stuart. take care. stuart: one republican congressman wants to withhold federal aid from students involved in the violent protests. lauren: august pfluger of texas wants to introduce legislation that would withhold fafsa, students that need federal aid, that's how you apply. if the student is convicted of rioting and political attacks. if that is huge -- that is huge because the fafsa form, that application determines not only the federal money that you get, but also the state money that you get. if you pull that that are from a student because of their actions, well, they might very well not be able to go to college because they won't be
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able to afford it. stuart: okay, got it. interesting conundrum can, i guess. >> well, may i? i don't think it's a conundrum, stuart. think it's about responsibility. we have to, all of us, accept responsibility for our own actions x. if we behave in a way that's inconsistent with the community in which we live, in other words, we protest, we threaten other students, we don't deserve to be part of that community, and we certainly don't deserve aid from other taxpayers who are trying to support our advancement in that community. no. you have to be responsible for your own actions and be a responsible member of the community. lauren: the congressman says it's not a matter of political ideology, but basic decency. stuart: thanks very much. coming up, the far left now has another platform for their anti-american and anti-western views, college campuses. they've got a strategy of disruption masquerading as free speech, and they're doing it -- they're going to take it to the democrats' convention in chicago. that's only three months away. that is my take coming up, top of the hour. trump back in court or, new
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york court today. the judge has set another gag order hearing for today after already fining trump $9,000 and threatening jail time. the full story, the full report next. ♪ ♪ (traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go.
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stuart: donald trump is back in the courtroom this morning for his new york criminal trial. eric shawn's there. eric, why is there another gag order hearing odd? >> reporter: -- today? >> reporter: well, stu, there's another gag order hearing because prosecutors say the former president keeps on violating it, that he's basically intimidating and going after anyone who would testify gwen him at this trial. that gag order now underway in court behind me, judge juan merchan and the prosecutors discussing that. a few momenting ago, prosecutor chris conway basically accused the president of violating it four times, one of those instances attacking the jury saying the jurors are 99 5% democratic -- 95%. the former president has no way no though that because the jurors were not asked their political affiliation. but the socking him with the fines may be having an effect. yesterday during a rally in
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michigan, the former president said 95% of this area in manhattan is democratic, he did not use the word with jury or jurors. member mindful that he's already been socked with $9,000 in fines. he did arrive here though this morning if as usual angry and said that, in his words, this is a, quote, show trial. here he is. >> they it's not a good case, and now it's turned out to be they've lost every -- i mean, they have no case. they have no case. but we have a very conflicted judge, unfortunately, and so you never know. but other than that,s there's no case. >> reporter: after the gag order hearing is over, beverly hills lawyer keith davidson will be back on the stand. it was davidson who negotiated the $280,000 deal that was paid to his clients karen mccueinging -- mcdougal and somemy daniels to allegedly hide their affairs with trump.
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the prosecutor asked davidson, quote, where did you understand the money would be coming from? the answer, from donald trump or some corporate affiliation thereof. it was my understanding that mrf the contract. but through his testimony so far, davidson has said he had never spoke to trump directly, he only thought that the former president was behind the deal. you know, on cross-examination todd blanch, trump's lawyer, is expected to really drill into that, the fact that there was so far no direct communication between davidson and the president himself. so right now that gag order hearing's still going on. waiting to see what will happen. the judge likely will not give his order or his decision today. that would come in a a written form in a couple of days, but those here believe9 that the former president may be on the hook for another $4,000 because he continues to talk. [laughter] stuart: yes, he does. that's right. eric shawn at the courthouse, thanks. i just want to thank you
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very much indeed, adam, for staying for the entire hour. all good stuff. i liked your story about apple9 and the three numbers. >> oh, thank you. stuart: still ahead, molly hemmingway, congressman russell fry and riley gaines. the 10:00 hour is next. trading at schwab is now powered by ameritrade, .. with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. [music playing] tiffany: my daughter is mila.
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