[closing bell rings] liz: michael mike michael cuggino. we'll put is stocks up on lizclaman.com. can we get there tomorrow? i will see you tomorrow. connell: a new immigration plan revealed. he also have a rally on wall street a pretty good day. president trump wrapped up remarks in the rose garden. unveiled his agenda to change a broken system system. the dow settling in 216 points higher. that is pretty good at the close. walmart, cisco both with strong results. we'll talk about all of that good to be with you on a thursday. i'm connell mcshane. susan: hey, connell, i'm susan li in for melissa francis. this is "after the bell." s&p, nasdaq closing up 1%. that is a rally. it was not enough to recover

fully from monday's selloff. we have fox business team coverage on today's top stories. gerri willis at new york stock exchange. blake burman live from the white house following the president's immigration speech. edward lawrence in d.c., and hillary vaughn is on capitol hill. let's throw it over to gerri first. gerri? reporter: it was all about walmart today. all eyes on walmart. the company reported a terrific earnings report. revenue was a little light against expectations but eps beat big time. two numbers that investors were really obsessed with today. one was same-store sales, up 3.4%. that is the best performance for the first quarter in nine years. e-commerce sales were up 37%. some folks were saying last quarter it was up 43% but a lot of people taking a lot of positive news from that 37% number. i do want to say the company says prices for shoppers will rise due to higher tariffs going

forward. they are working on mitigation strategies. but to dig into the online sales figures for a second, walmart some say taking share from amazon especially in online grocerieses. sales doubled in online groceries. if you told me a year ago walmart would be the one to beat amazon, old-fashioned walmart, there it is. we came into the close, boeing, they basically completed the so wear update fix for the 737 max jet along with simulator testing. it is important to note the faa says we haven't gotten the homework yet. we're waiting. boeing developed enhanced training and education materials for faa approval. good news for boeing. that stock is higher. cisco and those are fundamental issues. that's not what we're looking at

today. not china so much but what is going on with u.s. companies. back to you. susan: gerri, thank you. we have adam johnson, lanhee chen. talk about the markets. we're back recovering from monday. maybe a bit of a gut check? >> yes we are. i love the narrative gerri told us about today, susan. you have walmart beating. that is reflection of consumers out there spending money and you have got cisco beating which is a reflection of companies going out, investing in themselves buying servers they need to empower their businesses. for a couple months, couple quarters, past year-and-a-half, susan we've been talking about two es of earnings and employment. the most number of people ever spending record amounts of money. that is powering growth of companies. the two es of earnings are there. we're up in spite of all the concern about trade. that is a powerful story. connell: you're right it was all about earnings. the other big story was immigration, a new vision laid

out by the president as he laid out his newest policy proposal in the rose garden. blake burman is live at white house with details on that. blake? reporter: president trump rolling out his new immigration plan one he says will provide a contrast to democrats. the president rolled this out in the rose garden at the white house. there are go factors, two components. first off, border security. the president said this would be most comprehensive, most largest border secure package ever put forth but the president and administration wants to change roughly 1.1 million green cards are handed out every year moving to what they call merit-based immigration. those give preference to younger applicants, those creating jobs or have a college degree. >> we discriminate against genius. we discriminate against brilliance. we won't anymore once we get

this passed and we hope to get it passed as soon as possible. reporter: but any immigration proposal would have to have buy-in from democrats especially in the house. the plan appears to be dead on arrival there as the house speaker nancy pelosi said today that even just calling this merit-based immigration is quote, condescending. >> they're saying family is without merit. are they saying most of the people ever come to the night in history of our country are without merit because they don't have an engineering degree? reporter: now the plan does not address temporary workers. it does not address ag workers. does not address daca recipient as well. what the administration is trying to focus on 1.1 million green cards. in this doesn't pass here in washington, makes its way into legislative bill which is the way this is probably headed he will take this up in 2021. he says the republicans will control the house, the senate,

presidency then. connell: has it out there for all of us to talk about. reporter: all to talk about until november. connell: plenty of time. our panel is back with us. lanhee chen, i go with you. put politics aside, blake mentioned that. for the economics for our purposes if we can, when president is talked about merit-based immigration, employment and skills. the white house said people come into this country right now who are coming in based on the employment and skills they can provide is 12%. they want to get that number up to 57%. which would be a huge change. what would the economic impact of that be in your estimation? >> oh i think it would be significant. i think it would be huge boon to the u.s. economy. look, we have already got very strong growth numbers. really one of the questions when we think about gdp growth going forward, is the growth of the labor force in the united states. one of the biggest factors we can look to improve the quality of our labor force and quality of our economy is going to a merit-based system of

immigration. we're not saying that the previous generation as speaker pelosi said somehow are lesser or less significant. the idea is shifting the system to one based essentially on random chance, one based on bringing in skiles the american economy will need for success. i think it is absolutely the right thing to do. connell: stick around, adam, lanhee. we have breaking news. susan. susan: pinterest releasing first results as public company after the wall street debut. posting adjusted loss, much oars than expected 32 cents a share. looking at revenue $201. throw in .9 million as well. these unprofitable unicorns you have to prove to the market you can make money at some point in the future. talk about the arts of the deal versus the prolonged war, beijing outlining conditions to accept a trade deal from president trump as tensions between the two sides are continuing to escalate.

fox business's edward lawrence, standing by at d.c. with the very latest. edward? reporter: china's tone is really hardening as the trade dispute escalates. a spokesperson for the chinese commerce ministry outlining today the only way they will accept a trade deal with the u.s. they have three basic concerns they want to have resolved. first, cancel all the tariffs. second, the trade numbers being used to be uniform and north arbitrarily changed. third the language in the agreement must be balanced and acceptable. the spokesperson says china will never give in on major issues of principle. sound like there are big differences now. the chinese don't want to add back concessions they agreed to protect intellectual property of companies. china has no plans to continue trade talks with the u.s. at the moment. just 24 hours ago the treasury secretary told me would go to china to continue talks. both sides are waiting to see who blinks first.

the former wells fargo ceo says this seems to be posturing but the president needs to be careful. >> the president is used to dealing with real-estate developers. this is the way you deal with real estate developers. the opposite party, particularly in asia has to save face. trump thinks he has to win. that is very dangerous. you want to win without making it look like you're the winner. he is the opposite. reporter: the u.s. trade representative says china pulled back about every concession they made in the trade deal. the u.s. upped the tariffs. they are making plans to add everything china imports on a 25% tariff as early as the end of next month. back to you, susan. susan: diplomacy is tricky. connell: the other part china fighting back as the chinese foreign ministry announced espionage charges against two detained canadian citizens. these charges came out after

president trump signed executive order that targeted telecom giant huawei. the two men were arrested two weeks after cfo of huawei was taken into custody at the request of u.s. authorities. hillary vaughn joins us from capitol hill to put it all together. reporter: huawei is blowing off the ban that u.s. outlawing huawei would be way behind and releasing this statement this afternoon, quote, this decision is in no one's interest. it will do significant economic harm to the american companies with which huawei does business. affect tens of thousands of american jobs and disrupt the current collaboration and mutual trust that exists on the global supply chain. huawei executives also don't think that the president's executive order will really put a dent in their bottom line either. >> translator: i can say our position in this regard is consistent. our position in the united

states is not that big. due to our global operations any change in one country has little impact on our global business. reporter: china's global tech dominance told the house intelligence committee that china's 5g smart cities build by huawei are paving the way for dirty deals with china. of the 46 cities that have signed on to this technology, they are three times more likely to get favorable loans from china. >> the ability to divorce the ostensibly commercial aspects of china's engagement, including in the tech sector, perhaps especially in the tech sector from the political designs and directives from beijing is impossible. reporter: huawei has promised a no spy, no backdoor with any of their 5g technology of course that is just a promise. connell. connell: it is indeed. hillary. thanks. susan. susan: let's bring our panel

back. the politics of all of this we had the chinese commerce ministry basically refuting what steve mnuchin said saying we didn't know there were talks sometime soon. lanhee, is this negotiating tactic or mistranslation in diplomacy? >> i have to think it's a negotiating tactic because at the end of the day for the chinese they clearly need a deal in a lot of ways worse than the united states does. i think the politics around this in china, not only have slowing economy and serious systemic challenges you at some point frankly have question whether the chinese people will tolerate a continuing slowing economy given how they feel about xi xinping already. my tendency the chinese do need a deal. that doesn't mean the americans don't need a deal. the president would love to get a deal. the politics are better if he is able to get a deal. that is certainly the case with agricultural products and states

like eye with you which are politically important. both sides need to get back to the table. the g20 summit in osaka is possibility for president xi and president trump to sit down. i think there will be discussion. whether it is public or not is different story. i think neither side can afford to walk away at this point. susan: especially with the market reaction. china is the largest holder of u.s. debt we should remind viewers and "nuclear option" is to sell u.s. treasurys which they own a trillion dollars of. they have the lowest levels since 2016, is this a hint of what is to come? >> they hinted selling 2% of their position. they have over a trillion dollars worth of debt. what they're doing letting america know they too can play heart ball. mr. trump is playing hardball. they can too. they need a deal ultimately more than we do.

this paves the way for two leaders to rye in on the white horses in g20 in june of the make a deal together. i think market will figure that out and that is why we're up. susan: it would be a great photo-op. thank you, david and lanhee. connell: pinterest results, the stock is absolutely plummeting in after-hours trade. down 12%. the first report pinterest is out with since making the wall street trading debut. it reported adjusted loss of 32 sent per share. that is a much larger loss than had been anticipated. revenue of $201.9 million was a little better than expected. the global monthly active users in the quarter did go up 22%. losing much more money than expected. the stock is paying the price. it is down 12% in the after-market. susan: we'll get more on president trump's immigration overhaul. the commander-in-chief calling on congress to unite behind a plan he says will strengthen the bonds of citizenship and secure

the border but will it work? we'll talk to thomas homan, former i.c.e. director next. connell: plus setting the stage for 2020. mayor bill de blasio of new york city, to much fanfare, lack thereof, getting in already a crowded democratic field. could his track record in the city backfire on the white house bid? bill mcgurn coming in from "the wall street journal" on that. saying final good-bye to two of the most successful shows of our tv era. they're coming to an end. how cable tv is getting set for the potential impact. we'll be right back. ♪ fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees

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connell: president trump outlined his merit-based immigration plan today. new requirements there for people entering the united states. let's take a listen. >> future immigrants will be required to learn english, and to pass a civics exam prior to admission. former i.c.e. director, thomas homan and fox news contributor. always good to see you, sir. on that part of it, requiring immigrants to speak english, pass a civics exam, particular english speaking requirement, do

you believe that is necessary, if so why? why does that need to be a part of a plan? >> i went to the wife house yesterday. i was briefed by senior administration officials on entire plan. i like the plan, it is a great place to start discussions up on the hill. they're looking at who owners the country through the legal system. making sure those that want to enter legally, a legal system. one thing is misnomer that they're getting away from family based visas, that is not true. they will stay with family based visas on nuclear family, father, mother, son, daughter. the nuclear -- connell: shift merit on that part of it? >> having certain educational level, having experience to technical experience and high-tech jobs i think having ability to speak english language, they're all positives. that adds points. now the plan say if you don't speak english, no chance of getting in? no. it just adds points.

people with english, have the skills, have the education they have an advantage on the point system. i think it is the right thing to do. connell: let me bring up some other levels. as we look at the goals here, trying to get those admitted under employment and skills up to 57% from 12%. that is the whole idea being merit-based. if you look at merit-based factors in play, talking about english proficiency as one thing. but also age, employment offers, which you brought up. you want to have somebody offering to give you a job. educational background. when you got the briefing there, what was the real emphasis at the white house? what do they think is the most important part of all of this? >> i think they want people to come to this country that will add to the development of this country. they want to add to the economy of this country. we had economists in the groving, well-respected economists that talked about how this new plan will raise the gdpt would raise the tax base. it would keep an help protect american wages. raise wages not just for

american workers and legal immigrants to the country it would raise their wages. what i heard yesterday i was very convinced this is a great place to start. this is long way from being done. this is the plan -- connell: sorry to interrupt. final question before i let you go, doesn't seem as though they really want this particular plan right this minute to become law, is that fair? it's a conversation starter? democrats control the house. operations is more your business than politics. this is a tough one. no mention of dreamers, for example, would maybe get democrats to talk more? >> i think, again, the republicans have put a plan on the table. i think this is a discussion. a start. the democrats right away, nancy pelosi made a statement, terrible plan. they put no options on the table. they want to distance themselves from a plan that they will put on the table. let them come to the table with their ideas. let's have a discussion. that is what this is all about. lindsey graham has a great plan. i hope his plan moves fast. that will shut done the loopholes, to fix the border.

this needs to happen. we need legislation. connell: always great to see your experience and analysis on this issue. thanks a lot, thomas homan. it is interesting. he mentioned points-based system, you mentioned the seems president may have gotten ideas sitting down with the canadian prime minister a few years back. susan: that is when he first entered office, trudeau visiting in 2017. from my sources inside of those discussions there was a lot of questions about canada's merit-based immigration system. canada was the first country in the world to implement this back in 1967. in fact merit-based immigration represent 60% of the immigrant they let into the country. for president trump and white house saying get in over 50%. still less than other countries. connell: use the point system for that. okay. what do we have coming up? susan: we have a report card for your social background. the college board's new controversial tool to assess a student's s.a.t. score. that comes your way next.

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susan: here is a stock popping in after-hours. i love that term. this is accurate because we're up 4 1/2% for nvidia. the stock really needs it. it has been hammered this week on u.s.-china trade tariffs. we have beat on the top and bottom line. so on adjusted basis, eps, that is profits of 88 cents a share. better than expected. revenue coming in at 2.22 billion. also slightly better than expected as well and guidance was not bad for the next quarter as well. pinterest meantime going the opposite direction, cratering, extending losses following a bigger than expected quarterly loss. the first report card since becoming a publicly traded. connell: that is the one. this goes back to the chipmaker news. huawei is officially on that banned export list. the commerce department has just

moments ago published and order banning huawei in 68 of the chinese countries affiliates from its export blacklist. we talked about this yesterday after the executive offered had been issued this would be the next step. the commerce department will put it out. federal filing came out. nvidia and other companies like qualcomm or intel that they are no longer doing business with huawei. that company and 68 of the affiliates on the banned list. susan: silicon valley in for higher costs. talking about changing the way colleges review applications with the college board assigning every student who takes the s.a.t. exam, a quoted a versety score. deirdre bolton is in the newsroom with all the details. what does that mean? reporter: susan, 16 factors will be evaluated for each test taker including the crime rate in his or her neighborhood, the family median income. the college board is not

revealing each exact metric. but says it will pull data from public records such as the u.s. census. the score is invisible to students but colleges will be able to quietly track a gauge of a student's wealth and privilege. each will get a score, one-to-one hundred. un50 indicates privilege. over 50 indicates he or show faces social yo economic hardship. our colleagues at "wall street journal" say race will not be a factor in the score. for years colleges tried to figure out a student with low lower s.a.t. scores but potential. that rich parents can pay for s.a.t. prep classes tutors or both. poor kids that don't have the extra resources but the recent 25 million-dollar college administration scandal increasing the conversation, and college board is making the case for using an adversity score. a few months ago as we know, you

had the huge college exam administrator scandal, taking bribes to inflate s.a.t. scores. parents are accused of paying to have their s.a.t. test or corrected after the kids took the test. the u.s. department of justice reported that parents paid anywhere from 15,000, to $75,000 per student in exchange for manufactured test scores. love the idea or hate it, adversity score will be attached to kids exams. 150 schools this year. more by 2020. back to you. susan: deirdre, thank you so much that will be interesting. fox business just wrapping up its first of ever town hall on capitalism versus socialism. our very own host charles payne, yes he hosted the special event, joins us right after this break. connell: that was some good stuff today. we'll talk to charles about that. the field is growing up to 23 with the mayor of new york city, bill de blasio jumping into the 2020 presidential race today. he is being welcomed with a fair amount of criticism, i think it

is fair to say. bill mcgurn from "the wall street journal" will weigh in coming up in a few minutes. susan: to stay in, or go out. the battle between movie theaters and streaming services is going up. we're looking into great lengths that theaters are going to in order to lure in the customers. it might involve a martini or perhaps two. connell: wow. susan: two martinis. that comes your way. ♪ ♪

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♪ >> 40 years ago china was one of the poorest countries in the world. it used a very powerful socialist economic model to do one thing, to grow quickly, to stop being poor and to become wealthy. >> have you been teaching kids in our schools? it was margaret thatcher a capitalist who restored england to prosperity after the degradation of socialism in the 1970s. you're still laughing, i don't know why? >> can we have conversation about math, money in, money out? if you make promises that can't be paid for eventually you run out of money. >> there are a lot of examples of socialism gone bad around but what i'm more concerned about. america i think we're great at a lot of things. i think we can do socialism better in this country than -- connell: socialism versus capitalism. charles payne's town hall earlier in the day live here on

the fox business network. charles is here in the studio t was good stuff. >> it really was. it turned out amazing. connell: it had a lot of energy. moved along. it had both sides covered but anything stand out to you doing it now? you guys spent a lot of time preparing? >> golly, there are so many highlights. ultimately we still didn't get an answer how to pay for it. connell: i saw the question was asked a number of times. there is never a answer, to be honest on that particular question. >> there isn't. the professor richard wolff, maybe alluded to the fact it would pay for itself i guess, using china model. connell: okay. >> we talk about deconstructing capitalism and rebuilding the nation into image of a socialist nation, it will not be easy. it would take all the trillions generated by capitalism, and couldn't run on its own. connell: you guys talked about it, what the definition of socialism is. is it old school socialism what many of us think about china or

soviet union, akin what happens in europe. people have different ideas. i don't know what is popular here. what do you think popular here in the u.s.? >> bianca cunningham, her comments adding a layer of democracy to it, american-style capitalism, whatever that might end up being. no one is talking about venezuela but maybe norway, denmark sort of model and approach. i think that is what is popular with the millenials, democratic socialists of america. richard wolff i think roman at that sizes something a little bit different. he went back in history to 1912. listen, this is not the first time in america we've had this battle. a lot of people don't realize. this has been a serious battle on more than one occasion. connell: right. >> it's a battle once again. we'll have to make a choice next year what we want to be. connell: a lot of times we have it, all one side. one guy screaming at one person. you guys brought everybody together. it was almost civil. >> almost civil. connell: no truth by the way to

the rumor that varney got on a fistfight on 47th street with the college student? >> we had to sneak the kid out in the back. stuart was waiting for him in the breezeway. connell: it will reair 9:00 eastern time, 6:00 p.m. specific. thanks a lot, charles. >> thank you, connell. susan: speaking of socialism, new york city's socialist sympathizing mayor bill de blasio announced he is running for president with a familiar refrain. >> there is plenty of money in this world. there is plenty of money in this country. it is just in the wrong hands. susan: bring in bill mcgurn, columnist from "the wall street journal" and fox news contributor. i don't know if you saw the front page of the "new york post" today? >> i did indeed. susan: it exemplifies what new york thinks of the mayor. if you don't have support from the city you're supposed to

oversee, how do you get support over rest of his country? >> i think he would say a prophet is not respected in his hometown. poll after poll, new yorkers who should be the base don't want him to run for president, don't think he is qualified. recent "qunnipiac poll," 78% of the people in new york say he shouldn't run for president. a poll before that that he is least favorite democratic candidate among democrats, among new york city voters. so it is sort of perverse in a way. i sort of understand looks what a world we're in. mayor pete buttigieg, mayor of a city of 100,000 people, not just a great city either, but he is getting more buzz than the mayor of new york? susan: you know, maybe if you can name one accomplishment from mayor de blasio that would help i'm sure. >> right. susan: people struggle to do that. when you look at his top four policies, income inequality has

increased under his 10:00 you're, public housing, homelessness, worst since the great depression. education, graduation rates are struggling to meet the four-year average. mta budget gap doubled for 2020. so what has he done? >> look, you make a good point. the first point is, that in all of these areas, public housing, public education, the condition of the streets, the stuff that he has done has a bigger adverse impact own people that he claims he is trying to help, the poor, marginalized. if you're poor living in new york one of bill de blasio slum lord houses or go to one of his crummy schools. meanwhile he fights good charter schools. he fought the horse and carriages. he declared wars on skyscrapers. new yorkers want their streets cleaned when it snows. they want the subways to work. they don't want public urination

and all these other -- that is what the mayor seems to stand for. susan: well, bill it will be interesting. 23 candidates. thank you so much. >> right, thank you. connell: tv saying good-bye to two of its biggest shows in history, "the big bang theory" and the "game of thrones" airing series finales. what will it mean for the larger television landscape? we'll talk about that. president trump targeting the chinese telecom company huawei we were talking about a few minutes ago. how will the executive order and ban in place impact the rollout of 5g technology here in the u.s. will it slow it down? that is all coming up next. ♪ in the transportation industry without knowing firsthand the unique challenges in that sector. coming out here, seeing the infrastructure firsthand, talking with the people behind the numbers creates a different picture. once i know what a business is truly worth,

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susan: breaking news. president trump boarding air force one, taking off from joint base andrews en route to new york city ahead of a fund-raiser tonight. we'll bring you any breaking headlines from the president this hour. connell: sleeping in his own bed i suppose. breaking news as well. u.s. commerce department officially filing an order to place chinese company huawei and 68 affiliates on what they call a blacklist. that the order takes place immediately. they will be reviewed on a policy of presumption of denial.

how will huawei, the world's biggest telecommunications equipment-maker and a top 5g infrastructure provider impact the rollout of 5g technology? bret larsen joins us from fox news 24/7 where he is as you on the radio. 5g is so important. will it live up to the hype. it will change our lives. now we're banning huawei which we were already doing. we're banning american companies from working with them. what do you think the big picture is here? >> in terms of a 5g roll out that will put a bit of a speed bump into consumers hands. we had a challenge to get them in consumers hands. connell: american companies are not involved in what huawei does. there are competitors, nokia and erickson. >> qualcomm is not necessarily an american company. intel is an american company. connell: they're involved on the chip side. >> in terms of infrastructure

that is very expensive. it is very difficult to make. what we're seeing with the 5g, because the way the technology works it is a totally different spectrum. it is a part of the broadcast spectrum that has never been used before and they're having a lot of issues with it to get it to work perfectly. the rollout has been slow. i was reading this morning, apple may not get 5g chips late into the 2020s. not next year but two or three years down the road. putting brakes on us to bring the equipment in, obviously we'll have to turn to nokia or sony erickson. connell: yes. >> which european companies will work with. what is interesting the uk is talking about letting huawei as 5g provider. the u.s. response is we'll have to be careful. connell: letting china take the lead of 5g, that is one concern. government feels natural security concerns are much larger. hypothetical situation they look

at, this network is already in place, right? huawei built it. >> exactly. connell: the government, the concern is, that the government could go to huawei, listen we need you to roll out an update with malware in it. this is what senator warner was talking about. they could definitely attack news definitely a possibility. we have a lot of smart people in this country. we created the internet in the united states. we put a man on the moon, 12 of them actually, brought them home. we have it definitely within our borders to create better software. i'm very torn on this. you can have them build the wireless network and maybe you have other people control the software? there is ways around this. there are, they're definitely are challenges in our wireless network. we have insecurities in our existing wireless network that will be fixed in the transition for 5g. it will become more secure but we definitely need to keep our eyes on this. the administration is doing the right thing, saying hold up. there will be problems with this. apple will have a harder time in

china selling their devices as that nation looks at apple as an american product. they say you guys don't want to buy our inexpensive phones. we'll not buy your overpriced phones. connell: that is another part of it, on the phone side. bret, always good to see you. it's a complicated story. susan, back over to you. susan: talk about upping the experience. movie theater chains are going head-to-head with streaming services like netflix by offering high-end perks but is it enough to lure consumers off the couch? ♪ it's either the assurance of a 165-point certification proces.

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show. we bring in your variety correspondent, co-host of the page 6 tv, "big bang theory," 12 seasons they made a lot of money. >> you know here is the thing, it going out on an all-time high, it high o highest rated cn broadcast television. they would have wanted to do a thain scenes, and studio was gettingy to a 13/16 13 season, y were getting it. jim parsons was done. like i said, top rated show, has made a lot of money, enough money that stars have each been making $1 million from season 8. >> and residuals. >> 12 and a half million watch

each night. and game of throw of throwns ths ending sunday. >> that is a big question. we're not going to see another "big bang theory" with a sitcom like, that no one did you 24 episodes any more, the new models is about 10 episodes per season, we're not going to see another comedy hit like that. we have with the game of thrones this is a whole new era for hbo. it will be hard to find the next, they have done it before with sopranos, and "sex in the city" and they have "big little lies" this summer and bringing in meryl streep. they of getting into comic gen genre. they have a series coming out,

uphoria, they are looking to capitalize over of the game of thrones branding. susan: more streaming thank you. did you know that kit herring son makes 500 thousand an episode. connell: right? from comfort of your home, we stay with things on screen, streaming services continues to spend a lot of money providing high quality content to consumers but movie theaters offering their own high end experiences for audiences. will it be enough? robert is here. >> looks like you could be any midtown bar for happy hour. they have a full bar, full menu here in pacific palisade

neighborhood of l.a. and popcorn and the like. all part of a strategy, premium experience, they command premium prices as. i went inside before the film started rolling for matinee and looked at seats every seat is a leather recliner with gourmet food and drink available brought seat side delivered at touch of a button, they talked about a netflix fallacy, not a zero sum game they say, they are also some avid moviegoers. >> people that like to see either you need a theater that has amenities for them to have a reason to go out of their homes. >> let's look at box office

haul, record box office almost 12 billion, but beneath the hood, attendance peaked 15 years ago. and has been on down hill since, ever higher ticket prices and premium experiences, coming up. here at this theater they have discounted 15 dollar motte i wi, they are not looking to raise them any more. connell: that is high, my favorite report of that report t of that report is robert's walk. >> i picked out a nice comfy chair. >> and you get the candy for free hopefully. connell: a great day, all about experience. susan: yes, and please do not

spoil "game of thrones," i'm trying to keep them all together to drinbinge them all. i am not into it, "bulls and bears" starts right now. >> we're proposing an immigration plan that puts the jobs, wages and safety of american workers first. our policies have turbo charged our economy. now we must imminent an immigration -- if lo -- >> >> president trump launching a sweeping new immigration overhaul. new details of the plan. it will be enough this is "bulls and bears," i am gary kaltbaum in for david asman, joining me on panel today, liz peek, and jonathan