olukai sandals capture the feeling of stepping barefoot into wet sand. the perfect balance of instant comfort and lasting support. say aloha to olukai. anywhere comfort. anywhere aloha. (♪) >> obviously has been the poster child for this ai-fueled rally we've seen. any weakness out of nvidia could definitely send the market into a tail spin. >> i don't see the economy collapsing, perhaps slowing but with rate cuts coming, that's going to offset any slowing growth in the economy. >> biggest presidential election flip-flop since bill clinton

announced era of big government is over. i hope every american can see through this. >> she's one of the candidates that flop flips depending on the winds of the politics of the day. i don't think she's driven by politics or actual principle or relate. including her. meaux ♪ ♪ stuart: that's a new one for me. this modern world i'm just not suited for. it's 11:00 eastern time, it's wednesday. august 28th for heaven's sake. deal with the markets and start right there. nasdaq down 178 points, tech not doing very well today. the dow jones average up 23 points. you've got to look at nvidia,

they report at 4:00 this afternoon. great anxiety about what results they will come up with. this is white knuckle time on wall street at the moment and nvidia results moving the market big time either way. show me big tech, please. most of them on the downside this morning. yes, they are. apple, microsoft, amazon, alphabet, nvidia all down. 10-year treasury yield going up and now having at 3.82%. now this, time for electric vehicle reset and biden harris policy is failing and electric cars are not selling and the government is trying to force us to buy them. but they're piling up on dealer's lots unsold. if ev policy isn't changed, we're going to spend and lose a trillion dollars. detroit's already in trouble. tesla blazed the trail and people bought elon musk's dream but ford, general motors, than p

tis going in ev -- stellantis going in ev reverse. this happened when the government for ideological reasons insists on industrial revolution. it's not led by market forces, it's led by insis tans that the climate crowd -- insistence that the climate crowd jumpedded on board and we're off to the races and get rid of gas powered cars we some inventive date in the future. there's mandates and do this and do that. massive subsidies to persuade us to buy an ev and charging stations and get to them being bought. in the future, massive government spending to keep the green effort going. she's not keen on the ev mandates and kamala harris taking note as vigorously supporting switch to all electric and her campaign now says, and i'm quoting, she does not support electric vehicle

mandates. there's a flip-flop. time to get real about electrification and government can't force it down our throats and if they keep trying, we all suffer. third hour of varney starts now. brian b brenberg with us for the hour. the democrats are re-inventing that. >> are you telling me you believe that? that you really think she's flipped on this? i think you're a much smarter guy than that. this is -- climate is their religion, stuart. evs are the alter. your money must be sacrificed on that alter. you think she's going to turn gabbing from that? stuart: she's saying that to get elected in >> absolutely 100%. nobody in america should believe this. every time they get up in front of air audience, they talk about

climate as the justice issue of our time. stuart: if she were to be questioned, this interview on cnn -- >> that's why she's not questioned. stuart: that's right. the opportunity tomorrow on the set of cnn and in georgia with tim walz. surely cnn will ask about this kind of thing. >> wow, you have a lot of confidence they're going to ask about that, stuart. i don't think they're going to press her. maybe they'll say, hey, america is not buying evs. she'll say i don't like a mandate and that's fine but you know what, that doesn't matter because they're gone that keep pouring billions and trillions into subsidies that force auto makers to make these things and force us to buy them and force up the cost of gas -powered vehicles and lots of ways around this and she can tap dance all day long with cnn and they'll let her do it. it's a pleasure doing business

with you. stuart: new polling shows trump's age over harris on both the economy and crime. that edge is slipping. ten weeks till election, less than that, is trump in trouble? >> not trouble but he's got to hit these thins hard. people have been saying where do you put your messaging? criticizing her or going after policy? i think he's got to go harder and more on policy. he's got the advantage on these. her track record is terrible and you've got to nail it and be in places like the boarder and be out on the road and speak to the people about the issues. that's where the rubber meets the road on these policies. stuart: don't think he's doing that? >> i think he's done a better job but all the like comi kamala and all this stuff, that doesn't resinate as much as saying do you want to fix crime or not? do you want to have policy on this and i'll tell you me. let me tell you what i'll do with the economy. he's super persuasive talking about his track record.

stuart: the honeymoon kamala harris is enjoying and bump if the polls could be coming to an end with all the flip-flopping. >> if she has to answer a question. get up on the stage without her partner in the side car, forget tim walz, get her in front of somebody that's willing to ask a real question to her face. yes, that's a honeymoon going to be over and the shine wears off and she'll do everything she can. that's why she's blaming her buddy. we got rid of the basement system and now there's the buddy system. tim walz has to be there to support her. stuart: feeling passionately about this or what? >> well, it's my future and my kids' future so i do. stuart: me too . get to the markets, stay there, brian. split picture at the moment and nasdaq sharply lower and tech is taking it on the chin today. and nvidia is down by the way. and the market as in the dow

jones average is up a mere 60 points. eddie with me now. eddie, which is more important, nvidia's earnings or the federal reserve? >> the market is priced in what the fed will do but has no idea what the reports will look like tonight, and i can't remember a time in recent history where one name is going to have such a big influence on the overall market and one of the most highly owned names and this next move that nvidia makes after this evening will dictate whether we go to new highs or this is the start of a correction that we expect to see. sometimes we head into the election season and fully invested with no cash and lighting up waiting for the earnings report tonight and it'll affect the entire market. stuart: in the options market, there's a kind of prediction

here if nvidia doesn't perform, you could get a 9% across the board. >> it's more about the guidance and i think you can see it go down more than that 9%. that 9% drop is going to be tomorrow and i think you'll see follow through and it'll have a big run and casually going to get to positive outlook and going for 5750 and i would raise more cash going into that but i would have to have cash coming in to this report and it's going to be real wild swings. stuart: there's a lot of stake and would you jump in at some point in the first couple hours after the report is released and

would you play it? >> no, not the first couple hours. this is coming in and we reduce some of the holding ands reduce nvidia and big buyers and having a big drop. we'll raise even more cash and i want to have 30 to 40% cash and heading into september, october because we get closer to the election. short term and great buying opportunities and results are what the markets want and that's how you play this. stuart: we'll be watching it very, very closely. that's what i'll be doing at 4:00 p.m. eastern this afternoon. eddie, thanks for joining us. always a pleasure and see you soon. lauren is looking at one stock in particular, it's really moving. look at that, super microcomputer down 25%. tell me more. lauren: delayed filing of annual report and need more time to examine their internal controls

for financial reporting. this a day after hind hindenburg research closing and aaccounting manipulation and losing a quarter of value today. on the morning of the report and major customer and nvidia setting the tone. >> there's reputation and it's in the area. stuart: major company going after them and they succeed. it happens a lot. lauren: forces changes. stuart: casinos. lauren: it's down 15% in july from last year and statewide see mgm and cesars and sands all down. lauren: then okay, you go up and see it and casinos go cold. stuart: 15% decline, that's a lot of decline. okay.

jm shmuckes. lauren: they cut end sale and forecast and customer is cost conscious and trading down, cheap reer folgers coffee and snacks and customer is watching wallet and trading down to cheaper brands. stuart: thank you, lauren. new poll in the wall street journal shows most people think the american dream is out of reach. they're losing hope about ever owning a home. jd vance raising concerns about social media and the press. >> these companies are too big and too powerful, especially the ones that censor the american people. stuart: kara frederick worked at facebook and we'll get her take. internet service providers being attacked and happened four times since the beginning of june. is shy that testing us for a bigger attack later? that's coming up next.

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stuart: china targeting internet service providers in the united states. what kind of information are the chinese hackers looking for? reporter: their believed to be going after intelligence from government and military personnel. some working under cover among other folks and according to a report from the washington post, which describes the attacks "unusually aggressive and sophisticated". will recollect umin technologies that monitors for hacking

offenses and volt typhoon is responsible for attacks hitting four u.s. victims since june. they say they went after servers juiced by internet service providers and fbi and others went after the government of iran continuing to target u.s. organizations and this is in l education, finance, healthcare and defense sectors as well as local government entities and other countries including israel, azerbaijan and united arab emirates. >> we have to go on offense and demonstrate strength and start imposing con generalses. you can't expect -- consequences. you can't expect every company, port and pipeline to play perfect defense against a state

actor like chinese intelligence. >> these follow warnings from christopher wray earl why this year and chinese cyber capabilities dwarf ours 50-1 and they pose a serious threat to american safety. and just last month, fed chair jay powell of all people getting in on the risk of cyber attacks saying the greatest risk to the u.s. economy is a cyber attack on financial markets or banks. stu. stuart: wow, i didn't know he said that. that's a big risk indeed. thanks, grady. jd vance is speaking out about censorship on social media. >> if a trump vance team selected to the white house, will you stay neutral when it comes to social media and the press? >> well, look, we'll stay neutral but we think there's laws to worry about. these companies are too big and too powerful, especially the big

tech companies that censor american citizens and say nothing donald trump and that's the revelation of venn soreship and affecting a american election and we should be concerned and suggests that our government and big tech censors are way too powerful and have to cut the stuff out. stuart: cara frederick is an expert in this field and joins me now. he was referring to the hunter biden laptop coverup, and it did indeed affectous last election. i want -- affe affect our last election. is too too late to do anything about it? >> i would say the damage has been done. you have to remember that facebook censored the iconic photo of trump raising his fist in the air after the assassination attempt and labeled as misinformation and train is still on the tracks and going full steam ahead and i caution people who are taking people through that and going through the confession not to

get too excited and labeling and suppression and de-ranking of con ten and frankly jd vance has the best policy instinct when is it comes to big tech and how they're consolidation of power visits this type of censorship on one section of the american populous and those that think like us. he's very serious when he says he's going to kick butt and take names. stuart: zuckerberg came out with this confession 70 days before the election. is the timing suspect. why did he do it now? >> oh, he's quite obviously hedging his bets and mark, i tell people this all the time, he's not stupid. he's a sophisticated actor. his own personal instincts are very good, sometimes the politicals and pr people get their hands on him and kind of mess him up a bit and he makes bad decisions, but he's a very savvy, very smart guy. he knows what he's doing.

again, that censorship is going on in the background, but he's looked at landscape and he said the democrats aren't going to touch me because they like what facebook is doing to republicans. republicans, especially the establishment republicans, they're going to write strongly worded letters and not going to pass laws that hurt facebook and she's scott free. he is really hedging his bet when is it cops to this one. acting like he has some veneer of compunction but in the end, they're doing what they've done in the first place, censor and suppress and police the speech of americans. stuart: don't think he's going to change at all, period, no matter what? >> no. i'm glad to see zucker bucks are awes tense blizzard warnings off the table but we know suppressing speech isn't. he can make all these overtures to the joe rogan crowd and learn how to fight and surf with the american flag but at the end of the day, mark zuckerberg is going to mark zuckerberg and that means doing things to help the left.

stuart: kara frederick, telling us how it is. thank you for joining us this morning. see you again soon. now this, rfk jr.'s former running mate is speaking out against the democrats. what is she saying, ashley? ashley: well, california entrepreneur nicole sha handout shannahan said the -- nicole shannahan said the democrat party lost its direction. >> i'm asking myself what happened to the party of when they go low, they go high. right now they're going lower and lower and lower and i'm shocked, i'm saddened, i'm worried for them hundreds of ho. they've lost their soul. they've lost their direction. ashley: they've lost their soul. shannahan telling fox news her ex-running mate is one of the kindest people she knows and that he doesn't have a bone of revenge in his body. stu. stuart: got it. thanks, ash. now this, new polling shows that most people feel the american dream of owning a home is out of

reach. is this a economic or political issue? lauren: little bit of both. maybe a social, and the fact that they want that white picket fence to be married to kids and the idea of the american dream, that surprised me. if the wall street journaling and nrc poll taken last month finds 89% said owning a home is essential or important to their vision of the future and only 10% felt they could achieve it, that's a pretty wide gap between what we collectively wish for and want and expect or think we can get. it's disappointing. stuart: brian, out of touch or reach the american dream? >> same gap for financial security or retirement as well. they say they want it, they don't feel like they can get it. you feel that way when you can't see a path forward. you don't know how to get from a to b. the one thing people know is you can't bar row your way to retirement. you can't borrow your way to

financial security and that's the reality of the american home right now, taking on more debt. if you're doing that, you're not going to get the american dream. lauren: almost like the feeling and old saying you want what you can't get. i say young people didn't want to get married and have kids anymore. they want to live in the cities and rent forever. i thought that and that's what i was hearing from some of my friends. now the fact it is nearly impossible to afford a home in that neighborhood you grew up in, they're saying young people come out of the wood work saying we want it. don't think they can. >> this poll, young people do think that they're not a as interested in getting married and having kids as taking yearly vacation and think it's easier to have kids and being married than to attain the financial goals, which tells me they haven't been married or had kids. it's not that easy. stuart: moving on. get this, prince harry headed to new york city next month. he wants to fight climate change at the united nations.

kamala harris finally agreed to a sit down interview but bringing along tim walz maybe to avoid moments like this. ♪

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visit coventrydirect.com. stuart: quick check of the market. look at nasdaq go down. down 237 points, 1.3%. lauren, start with m mississippi. lauren: it's dragging 35 points off the dow jones industrial average right now, $4.09 a share down 1.1% and stock is nvidia is reporting after the bell. these two go together because they're saying hedge funds trims exposure to nvidia and mag 7 in the quarter. how much is it slowing down and

has to slow down and this ai tree will not grow to the sky and that's impossible and what it's been doing lately. stuart: white knuckle time on wall street. we could lose our money. tim walz will join her for a staple segment and a tape it during a bus tour in jamal bowman. airs tomorrow night. mark meredith in savannah for us and has the campaign said why harris will not do a solo interview? reporter: stu, the campaign wants to present the united ticket of deputies standing together and a real test for both candidates here in garcia seeing political parties putting time, money and resources into the state. a state that of course a lot of people are paying attention to and vice president she'll be down here begin ago today swing in south georgia, an area where democrats traditionally have not had much luck. a new york times poll of likely voters here in the state, just former president trump leading

over harris and democrats as you may remember one georgia four years ago by less than 12,000 votes and harris campaign said it's ownership 24 field offices across the state adding 190 staffers on the ground and real questions about whether harris truly has a shot in georgia. politico pointing out this morning "it's a high risk, high reward strategy returning to the trail after the convention to visit a state where many democrats feared it have out of reach in recent months. >> running a state like georgia and across the country, you have to make sure you're playing the field within the entire state and that's exactly what we'll continue doing and i'm very proud of the infrastructure that we've got on the ground. president trump appears to end the feud at the popular republican governor brian kemp and trump wanted to work with kemp at a recent rally ask trump trashed the governor as being disloyal and if republicans are

to have a shot at white house this cycle, they would have to perform well here in georgia. it's not one of the states that they can simply write off. as for interview, it'll be airing tomorrow evening and we don't know if it'll be taped in multiple segments because again, this is a two day stop here in georgia for the vice president. stu. stuart: mark meredith, thank you indeed. new york post said kamala's 180 on the border wall is the latest idea she stole from trump. are we letting her get away with this kind of flip-flop? >> short answer, stu, is they might. clearly since she's become the nominee, the polls have tightened in many states and biden losing and she's leading now in some and it's going to be on the trump-appointed cap. campaign to make the argument these are his policies cheese opting them and unlike with trump, there's no actual proof to follow up with them when elected and she has a host of far more progressive liberal

policies she's abandoning as quick as as she can. >> harris was put in charge as combating the rooting of immigration and she was not and is not the border czar. stuart: is this a far interview? >> that's a federal oturu lie and kamala harris was the border czar and spinning from the white house claiming she wasn't, but it's not what they claimed or what the media reported including cnn back in 2021. whether she'll be fair. i don't know. i don't want to prejudge what happens till it happens and obviously kamala sitting for an versus frequency view is better than not doing anything. clearly a solo interview would be better and feels that tim

walz needs to be there and if i'm doing a 30 minute interview and solo versus double, i'm getting less opportunity for her to make an error and they both did solo and most high risk and jd vance doing all the sunday shows every single week. he's not knocking them out of the park every single week. tim walz only interview was about cheese burgers and how to clean your gutters. did you see that? stuart: i did see that. >> what are we doing here? stuart: deceiving people about the real truth, the real partnership, the real policies. they musty the american people are stupid and there's all these real issues and talking about cheese burgers. stuart: moving on. nearly half the people that ride new york city buses do not pay their fares, 48% don't pay. costing the city millions.

well, they're now deploying a team of enforcers to claw back some of the money. you're a new york city guy, is anything going to change? >> no. i thought that number would be a lot higher to be frank. stuart: really? >> yeah, i mean, i ride the bus, and no upward mobility pays the fare and very common. >> i always pay the fare. stuart: it's high again? >> yeah, i don't fault the bus driver. is he going to get stabbed over a bus fare? >> no. these enforcers are not going to do anything. there was a new york post article about this and it's, you know, bus drivers talked about people that challenged fare evaders and they get vinyl. it's not worth it. stuart: people feel entitled to a free ride or entitled to have their student loan paid off or whatever. it's entitlement mentality. if you don't have a culture of

paying the fare and it incentivizes and values that, it's hard. stuart: prince harry heading to new york city next month and here for un's climate week. do new york people care about climate? >> well, yes, we do. i can't go anywhere without one of the paper straws that dissolves in my mouth. well, i don't know why prince harry is here for it. i believe we fought a war to be rid of the people. the name of god, go. that's what i would say to them in my song. i don't know what he's doing and hope he has a nice time and park outside and see all the diplomats come out of there. >> i got a box that says he flies to new york commercial to avoid being accused of take ago private jet and using a big carbon footprint. i bet you he comes commercial. anybody take me on. >> think first class?

>> hard to tell what he does. what a climate warrior flying commercial. >> has to nigh coach in the back. stuart: not going to do that. i don't think so. jon, great having you on the show. college campuses braces for pro hamas protests as fall semester begins. at least one school has already been vandalized. what about it. senior citizens coming out of retirement and back into the work force. >> i'm going to ask you a list of questions and i want you to any about this one and take your time. where do you see yourself in ten years? stuart: one minnesota that signed up for internship at 74 years of age. that is next. ♪

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stuart: check big tech for the runup to the nvidia reveal and all big tech is down and off 2.8%. a growing number of people are coming out of retirement to pay their bills. mcnicholl in coconut creek, florida, for us and i want to know more about this 74-year-old intern. reporter: we're at middle of the job fair and his job is helping other seniors also find work. >> when you tell your friends you're an intern, what do they say? >> are you crazy? i have three different and can't afford to eat or pay my utilities and i'm barely making

my condo payment. reporter: even in the fax friendly state of florida, national survey found one in four seniors in ft. lauderdale is still working and i met an 80-year-old gentleman here today and blames the rising cost of living and inflation -- blames cost of living and inflation for going back to work at his old age and matter of survival. he wassing out his resume and preparing for mother today and part of the fastest growing age group in the labor force of people 75 and older. career source broward seen a significant rise in a senior population looking for resources compared to last year. when asked if the nation faces a retirement crisis, 79% of americans say, yes. according to a survey by the national institute of retirement security. that's up from 67% in 2020. more than half of americans

don't even think they can achieve financial security in retirement. now social security form is top of mind for voter this is fall on the campaign trail and president trump has announced he won't tax social security income and will not raise the age qualifications and vice president kamala harris has vowed to protect and strengthen social security and really hasn't provided any details beyond that on her position so, stuart, maybe we'll get answers and clarification about social security moving forward on the debate stage. stuart: danamarie, thank you very much. brian, do you think older people in the 70s and 80s souled move aside and may way for younger people? >> if you have a cost ovliving problem, then you've got to do it and more power to you but that's a really sad situation. for those that have the ability to retire and move along and make way for the younger workers, there's nothing wrong with that. i mean enjoying retirement is a

great thing. maybe you want to think about that real hard. stuart: why are you looking so hard at me? >> i'm just saying and hypothetically speak. stuart: any ideas, lauren? lauren: i always said gray hair in the workplace and felt like that person had experience and could give advice and someone to look up to, and i like having older people around. i do. stuart: okay. lauren: always. >> throwing him under the bus. >> you're a survivor. stuart: something to do with age. gen z youngsters grew up with spurts and smart phones and can't hang onto one piece of technology. what is it, ash? ashley: the trusty keyboard and just like cursive writing, keyboards falling to the wayside and young people rely on touch screens of course. "the wall street journal" report that had high schoolers are a

lot more adept to typing on their i pads or smart phones rather than a traditional keyboard and many gen zers still have to watch their fingers while typing to make sure they hit the right keys because they never had to learn to type in grade school. according to the journaling, in 2000s u.s. department of education said 44% of high school graduates completed a course in keyboarding but in 2019, that number was a whopping just 2.5%. there are concerns about the increased reliance on smart devices and degrading young people communicate and generative a and i recollects never took a typing course at school growing up in england and i'm sure you didn't either. stuart: thanks, ash. telling you about this new study and claims most people can tell if they're going to have a bad day by 8:36 in the morning. top reasons for bad day are

waking up feeling sick, sleeping poorly, waking up with a headache, losing keys and worst of all, forgetting a phone. do you think you can judge your whole day before 9:00 in the morning? brian, first of all. >> not always but i do think you get good indicators before 9:00 a.m. and you can have a day changing moment. it's a wonderful time onset with people. look, if you wake up feeling bad i did, it's tough to recover from that. predestination guy. stuart: very, very early morning people. lauren: i am and my day is over and i'm done. stuart: it's back to work, school, and protesting at cornell university. hamas supporters held a demonstration and spray painted a building on the first day of class. william jacobson teaches at cornell and joins me after this. with chase freedom unlimited, you can cashback 3% on dining including take-out. cashback on flapjacks, baby backs,

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do and what should they do? >> i'm sure they'll check surveillance video and things like that, and i think if they find the culprits giving vandalism and destruction, they'll press charges and it's part of a broader issue, which is i don't think the university is really prepared for the sort of disruptions and intimidation that took place last year that's going to be accelerated this year. stuart: vandalism, that's not free speech. but should you be free to condemn ziti israel in strong verbal terms? >> yes, of course. you can't do it in such a way it's physically intimidating to other people. for example, at ucla, they had check points which a federal judge is enjoying and issuing an injunction against and cy ronists could not go through and cy ronists being -- zionists being code for jewish students and pro israel and you can do that and even at cornell, students marched through library with electronic bull horns.

that's not free expression, that's act of intimidation and attempt to dominate other students. express viewpoint and do it outside and not with a bull horn in a library. you can have viewpoints we disagree with, but can't do it in such a manner that you're interfering with other students. stuart: think it'll be another ugly year on campus, not just junior campus but across the country? >> i think it will be and part of it is how the administrations react. if you look at organizing that's going on this summer, if you look at what happened in the streets of chicago outside of the dnc, that's pretty much a preview. it's basically the far left, marxist and anarchists and joining with the pro hamas students and that's a combination that we really haven't seen in the country unstill this year and we haven't really seen on the cap puss, but i think you'll see a lot more of it. stuart: has it been organized from the outside the iranians

are backing them and national organizations like national students for justice in palestine, which have been organizing these around the country. >> yes, it is highly organized, it is not spontaneous. stuart: professor william jacobson, thank you for being on the show today. difficult subject and glad you're here to approach it. thank you, sir. >> thank you. stuart: complete change of souct, wednesday trivia question: when did construction at u.s. capitol begin? 1788, 1793, 1800, or 1811? the answer when we come back. ♪ ♪ when the sawdust settles and the engine finally roars

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sleep number does that. actively cools and warms on each side. the queen sleep number c2 smart bed is only $999. plus get free delivery when you add any base. >> before the break we asked the following question when the construction of the u.s. capital began, ashley? as usual you are first. >> no idea, 1793. >> he goes at 7193. >> i always love ashley is first, 1811. >> my name is brian, 1800. >> i happen to know the british

burned washington, d.c. on august 1814. what's the answer. i'm to go in 1793, some then, i'm right. congress moved into the new building in november of 1800 but the center portion of the capital building was not completed until 1826 then the british burned it down. vandals and redcoats. were almost out of time, we have ten seconds left, thank you very much for being with us we live e you with the market that's coming down or getting ready for nvidia at 4:00 o'clock this afternoon. neil is all yours. neil: we were going to lead with nvidia. i appreciate you showing that one more time to