epidemiologist. people are so fearful of covid and of the election, i think stocks go higher. charles: thank you very much. we always get so much out of these interviews from you. you have been absolutely spot-on. thank you, my friend. all right, the dow jones industrial average is up 300 points as i hand it over to my friend and colleague liz claman. liz, over to you. liz: it's good to see you, charles. you know, we will start with the breaking news. it is a meeting that begins imminently between washington's power players with trillions of dollars on coronavirus stimulus at stake and it has the markets juiced. as charles just said, we have a triple digit gain for the dow jones industrials. moments ago, our fox business cameras captured senate minority leader chuck schumer arriving at house speaker nancy pelosi's office for the meeting with treasury secretary steven mnuchin whom i am told just arrived as well, white house chief of staff mark meadows and the postmaster general. is the coronavirus relief deal inching closer or is it as we said, imminent? we will bring you all the

breaking details out of those very offices where the meeting's happening. the deadly pandemic exposing a major need not just for relief, but for contactless payments and an economy dependent nowadays on digital retail. the ceo of global payments is here on his company's blockbuster new tie-up with the king of online retail. that would be, of course, amazon. frightening news from royal caribbean. suspending voyages through halloween but we've got the celebrity chef who cut his teeth and ingredients on the high seas. find out how food network star robert irvine known for his brutal british edge, how he's opening his heart to help restaurants do the impossible right now. that is to stay afloat and reopen safely. it's a fox business exclusive. he's here live. is microsoft's tiktok tango still dancing to the merger music? and that damage from yesterday's storm, it almost hit my house. we will show that to you. less than an hour to the closing

bell, let's start "the claman countdown." liz: breaking news. at this hour, more than three million homes and businesses are still without power after that tropical storm whipped through the mid-atlantic and northeast over the past two days. according to utility con-edison the storm's rampage shoved trees and branches into power lines causing them to snap, and we now have a near record number of power outages in the greater new york area. connecticut, new jersey as well. look, the storm even knocked out power here at my home. i want to show you a picture of a massive tree that just an hour before the show yesterday, i should have shot this horizontally. duh. i hate those bars on the side here. this is the tree that about an hour before the show came crashing down just missing my house by about two feet and yes,

it also thankfully missed the generator. we have a generator. thankfully, the power just came on but we have had the generator going on. yeah, that was a pleasant moment where everybody, including my great tech greg hart from fox news, oh, a tree just went down. all right. we hope everybody is safe right now. the power company's moving lower right now. con edison down 2.8%. let's talk about not edison but telemedicine. the popularity of telemedicine surging in the time of coronavirus. it's leading to a big deal in the sector. teledoc has acquired rival lavongo for $18.5 billion in a bid to create a leader for consumer centered virtual health care. both stocks are oddly plunges as the motivations of the deal are questioned. teledoc could have used the money to add more tech platforms. teledoc down 16%.

livongo down 9.9%. if these names are in play, dario health is the main competitor to livongo and is popping 27 per% at this hour. to another type of merger. as couples use match group services to date virtually, because you are sitting at home, who might match me. shares of the online dating giant finding love at this hour, up 12.7% after both revenue and operating income beat expectations. match group saying subscriber numbers on its relationship apps tinder and hinge surged. but investors are breaking up with startup alternative fuel truck maker nikola after it released its first quarterly report as a publicly traded entity yesterday. the bad news was not actually earnings related. instead, everyone was disappointed that they didn't hear more about corporate partnerships and new customers. nikola down about 9%.

you may use your ev to get to walmart and if you do, make sure you add popcorn and a drink to your shopping cart as we are now just under two hours away from the free ticket website opening to walmart's first drive-in. the retailer debuting movies in some of its parking lots this summer. this will begin august 14th. theaters are shut across most of the country so walmart said heck, let's do a drive-in, why not. the stock at the moment is actually moving lower, i believe. the shuttering of those theaters has helped disney streaming hit it out of the park. cinemark down. amc moving higher. imax in the green. the combined global reach of direct-to-consumer services now exceeds 100 million paid subscriptions for disney plus. during its earnings report, disney name-dropped "star wars the rise of skywalker" and "onward" as two titles that helped drive continued growth in its streaming businesses in the third quarter. look at disney, up 9% right now.

then there of course is "hamilton" which debuted on disney plus last month. that would be in the current quarter numbers. while everyone seems to be agog on how many times the broadway hit has been watched, viewed, all disney ceo would say on the call is that it was watched by millions and quote, a huge success. that success prompting disney to release its big budget remake of "mul "mulan" as a premium priced download on disney plus to the tune of 30 bucks a pop. it will also release in theaters where cinemas are operating but you tell me where that is. not many places have operating cinemas. right now, it looks like you want to spend 30 bucks for a download of "mulan"? we'll see. the world of streaming at viewers' fingertips, we have to look at ecosystems that may go the distance in the stock market. let's get right to the floor show. guys, we've got teddy and scott and look at all of these logos here. it isn't just the direct competitors like hbo max or

apple tv plus, right? you've got that ecosystem from roku and all the equipment makers as well. give me a sense, teddy, what you see as a real opportunity here. >> well, first of all, a lot of these stocks have had huge moves, netflix in particular, then of course today, disney. i think disney is a lot of people's favorite. but there are others. at & t is in the game. you have amazon. amazon prime. you have apple tv. it's hard to pick a favorite because they are all very good companies. i guess the ones with legs and the ones that have some diversification, but clearly the winner has been netflix. if i had to pick two others, i would pick disney and comcast, which is just now rolling out their new peacock product. i must say, i own comcast. i do not own the others. i'm kind of talking my book a little bit. liz: that's okay. you look at comcast and the peacock network, they are putting a lot of effort into that plus a lot of it is free,

scott. let's just say people don't want to get into that battle and figure is it going to be at & t, hbo max, who's going to win this one. do you like any of the equipment people or that so-called ecosystem out there for streaming? >> i think you have to like the ecosystem. roku being one of them. i think roku especially down the road is primed to be taken over by one of the big guys. i don't know anything, you know, that anybody else doesn't know. i think that one is absolutely primed. that ecosystem can, in my opinion, fit right into an amazon, to an apple ecosystem. like teddy said, the netflix of the world and especially comcast with the new peacock, those are wonderful, wonderful platforms. to me, the ones that are really going to sthihine a year or two five from now are the ones that can capture the global reach. we are seeing that with netflix for sure. the other ones haven't really caught up yet.

i think that's where the big upside to all of these streaming services are. so if i were going to look out into the future 12, 24 months from now, and this is no surprise but i think you have to look at netflix, amazon and the apple ecosystems as the ones that will probably do the taking over of some of these smaller companies like roku. spotify also, streaming for the sound, for the music side of things, i think spotify still has a ton of upside because they can get into sports very very easily. liz: by the way, roku reporting after the bell so we'll be all over that. teddy, scott, thank you very much. all i have to say is, umbrella academy. second season. what a show. yeah. i'm definitely on board with that. blackstone adding another member to the family. we do have about 51 minutes before the closing bell rings. look at the dow, now up 309

points. folks, that meeting may have just begun. we are going to call it imminent, on capitol hill. between both sides of the aisle, including treasury secretary and chuck schumer and nancy pelosi. we will bring you any breaking news. but the market seems to anticipate something positive here. blackstone's capital partners buying genology od, ancestry.com in another mega-deal. the first purchase by the world's largest ever private equity fund clocking in at $4.7 billion. blackstone up 1.2%. from tracing your family tree online to the e-commerce big bang. one of the world's biggest electronic payment firms hitching its wagon to one of the digital galaxy's brightest stars. global payments ceo next on his new walk in the cloud. "the claman countdown" will be right back. it's easy to get lost in the economic uncertainty.

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now that's simple, easy, awesome. say xfinity sports zone into your voice remote today. liz: talk about an earnings surprise. square's second quarter earnings which were due out today, released late yesterday after somebody leaked the consumer payment company's numbers. that's first surprise. surprise number two, square posted a 64% jump in revenue

with its peer-to-peer cash app revenue spiking 361%. stock's up 8.5%. kind of plumbing around the lows of the session, not quite yet but getting closer to it. after its own blowout earnings report, competitor global payments hitting the space with this headline. a new deal with the biggest name in e-commerce, amazon work spaces. what could it mean for the stock? let's bring in global payments ceo, jeff sloan. any company that can say amazon is a partner versus a competitor, that's certainly a positive, i would imagine. tell us exactly what stockholders can look forward to when it comes to this partnership. >> well, first of all, thank you very much for having me. i'm tremendously excited about our collaboration with aws. together with aws, we can provide traditional financial institutions around the world

with leading cloud data, state of the art technologies so they can provide better digital payments experiences for their consumers wherever they may be. it really levels the playing field. the technologies that were previously only available to startups and small tech companies, aws and we will bring to the largest financial institutions in the globe. liz: can you give me some gran la granularity on what that really means? what will the consumers and your customers, the big banks, notice? >> i think in sum, it's really better, faster, cheaper. what that means is our ability to innovate so think about the covid-19 environment, our ability to introduce contactless commerce which we also call safer commerce, more quickly and more geographies is something we can do better with aws by creating state of the art cloud native technologies so changing the products that we sell, bringing them more quickly to market, bringing them more

quickly to market in more geographies is what this unique collaboration is all about. liz: the entire payment system has become very brutally competitive. we were just talking about square, for example. now, you both have, i want to say similar market caps. square's a little bigger at this moment. when you look at the pe ratios, it appears that square with a pe ratio forward looking of more than 500, makes it about 18 times more expensive than your company which has a pe of 28. make your case for what you can offer that square does not, now with this amazon deal. >> so we have the ability really unique to us to bring our services in the virtual world as well as the physical world in more markets than anybody else, including square. here's a great example. square's primarily in the united states, i think 95% of the u.s. revenue, the revenue is u.s.-centric so our ability to

bring our products and services, the ability to buy online with your phone, pay with your face, pay with your thumb, the ability to order food from burger king, one of our customers, in any of their 15,000 locations in north america, we can do that in more markets than anybody else. we are physically present in 38 countries. we do business cross-border in 60. the u.s. is our biggest. it's about 70% of our revenue but it's just one. so i would say to investors, if you are looking to play the digital payments trend globally, with no distinction between the virtual world and the physical world, we are a much better investment than pretty much anybody else. liz: right. you just said pay with your face. okay. contactless. i got to ask you, lot of businesses, i walk in, they say please either exact change or we're not taking cash. will covid have killed off cash? >> i think you are always going to have cash in the ecosystem. that's kind of the way the world is. i don't know about you, but i can say for me, i haven't been

to an atm myself personally since march. i really don't plan on going back to one. just getting gas is a whole experience at least here in atlanta, in terms of the gloves i have to wear and the face mask i wear and decontamination. i think at the end of the day, we brought forward demand for safer commerce and contactless by three to five years as a result of the pandemic. i don't see consumers going backwards. will there always be some use for cash, i think the market has permanently shifted and global payments is really the beneficiary of that shift. liz: okay. don't start burning your 1s and 10s right now. great to see you. thank you very much. jeff sloan of global payments. yeah. 56 billion transactions processed every year. closing bell, we are now about 41 minutes away. dow jones industrials up 318. by the way, the nasdaq, not ignoring it. any gain is another record. nasdaq is up 50 right now. facebook not wasting any time taking aim at rival tiktok.

the social network launching its tiktok-like competitor or copycat as some critics are calling it. it's called reels. reels is now available within the insgrtagram app and allows users to add special effects and music to their vertically slot mobile videos. facebook is flat on the session right now. but as facebook tangles with tiktok, microsoft still doing the tango as buyout talks with tiktok enter a new and critical phase. charlie breaks it next. we made usaa insurance for veterans like liz and mike. an army family who is always at the ready. so when they got a little surprise... two!? ...they didn't panic. they got a bigger car for their soon-to-be-bigger family. after shopping around for insurance, they called usaa - who helped find the right coverage for them and even some much-needed savings. that was the easy part. usaa insurance is made the way liz and mike need it- easy.

liz: well, last we heard, microsoft's sitting on a cash pile of about $136 billion but despite that, fox business is learning that microsoft is actually looking for an assist in order to fund a possible tiktok buyout. meanwhile, president trump doubling down on his calls for a

finder's fee if a potential blockbuster deal goes through. the president also unrelated is considering a major move on the stimulus front if congress cannot reach a deal. to charlie gasparino, who is breaking it all. you're like an octopus with a million hands here. first to tiktok and microsoft's next move. charlie: i tell you, donald trump makes life very interesting as a reporter. here's what we know about microsoft. they are talking about outside, potential outside investors if they go through with this. listen, i don't think -- i don't believe it until i see the deal documents. i know they're talking, there's no doubt about that. they now confirmed our report from last week. but this is a really difficult deal. it involves technology, taking technology from tiktok, making sure it's safe from the chinese. do they buy just the u.s. portion or just australia? remember there are certain portions they want to buy. or do they buy the whole thing? lot of people think you got to buy the whole thing. if they buy the whole thing, how

much is it worth? maybe $50 billion. do they have 50, yeah, but they would like to spread around the risk a little. that's why they're talking to other people. there's a lot up in the air right now. the one thing i'm kind of certain on, who knows, this could change tomorrow, but i'm kind of certain, i don't think they will pay trump a finder's fee or the treasury department. i just don't think that will go. you know, i think -- i think the president, someone's got to talk to the president, probably the attorney general, he's going to say mrme. president, this sound like extortion, let's cut and run and say you will accept the taxes that microsoft will pay on the transaction and we will just move from there because microsoft financially if it grows bigger will pay more corporate taxes and maybe he can extract a promise that they won't pull an amazon and look for every single tax loophole if this thing gets through. that's a possibility. that's where we are right now on that. now, interestingly enough, as trump talks about a finder's fee

which is, like i said, you know, very dubious from a legal standpoint, he's also now talking seriously and i think this was put in front of him by supply siders like steve moore, wrote a column in the "wall street journal," an executive order that implements the stimulus. this is real talk inside the white house. they are really considering it. they are still considering it now. i know the president has spoken about this but this is being very seriously taken by his inner circle. again, it's a -- i don't know if the legal people, if attorney general barr has weighed in on this, on the legality of this. i don't know. you know, if you talk to enough people, they will tell you lawyers and constitutional people like judge andrew napolitano would tell you that in the constitution, there's kind of a strict, you know, congress has the right to tax and to spend. that's part of their powers. for the president -- liz: really.

we didn't know that. charlie: well, i tell you how they're rationalizing it, at least to us. they are telling us, people close to the white house, that he's thinking of doing something along the lines of what president obama did on daca which i don't quite understand but there's an executive order on daca that president trump -- president obama did and that was reversed by a supreme court ruling, i believe. they're saying that that's how they can deal with this, that as long as the supreme court doesn't -- they can do this executive order until the supreme court rules and that's what i've been told. i don't quite understand that. but just so you know, that's the rationale. again, we don't know if attorney general barr is weighing in on this and telling the president you can't go this route. you know, it seems like he will at some point. we don't know if the president has gotten the microsoft finder's fee for tiktok deal

signed off by the justice department either. the whole thing is quite interesting. i just find it fascinating that a president of the united states wants a finder's fee on a deal. i have never heard that before. never. liz: he may also issue the executive order for stimulus, right? charlie: that, too. i have never heard that before. it's crazy. you know, listen, for better or worse, we have a dysfunctional system but the founders set it up to be dysfunctional at times. when we have this divided government, that's part of the negotiating process. for the president to walk in, he's not a king, he's a president, to do this, is pretty unusual. and probably will face court challenges. and probably -- liz: get to watch that -- charlie: -- what the attorney general says on both. you would think the attorney general would have weighed in on both of them but he hasn't. that's why this is still an ongoing story.

back to you. liz: charlie, you're on it and thank you very much. it's sort of a must-see every time. every day charlie is on this tiktok story. it is big and he is on it. thanks very much. closing bell, we are 31 minutes away. ww international, yeah, used to be weight watchers, having kind of an unhealthy day after missing eps and revenue forecasts for the second quarter as in-person support meetings, those are the most popular part of this, they got ko'ed by the pandemic and i'm sure lockdown binge eating can take some of the blame for the lack of weight watching in the covid quarter, myself included. ww shares down 7.33%. up next, spiking covid case numbers in the u.s. creating an impossible situation for restaurants. but celebrity chef robert irvine has a plan he says can save the day. in a "countdown" exclusive, how the restaurant impossible host is making recovery possible in

one of the pandemic's hardest hit sectors. he's with us. his no nonsense suggestions coming up. he's live. stay for this one. ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪

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i saw it immediately. we was dropping like ten grand each month but we just decided to stay open, but unless our numbers get up, we can't keep the doors open. just no way. liz: enter food network star and celebrity chef, robert irvine. his new spinoff "restaurant impossible" back in business, born during the pandemic, has him jumping in to help struggling restaurant owners navigate the post-pandemic world. this is a tall order, because the odds are now against restaurants. latest stats show that since

march, more than 26,000 restaurants in the u.s. have closed, 16,000 have failed for good. how can the star chef known for brutal british honesty save at least some of the hundreds of thousands now hanging by a thread? joining me now in a fox business exclusive, celebrity chef and "restaurant impossible" host robert irvine. robert, take us back to march, when your show and the shooting of it had been interrupted, shut down, you're sitting at home and when did the light bulb go off that you said i got to do a back if business and help some of these restaurants? >> well, first of all, thank you for having me on your show. i've got to tell you, state college, pennsylvania, doing a show, we finished the show and shut down. i actually got food poisoning, two days in hospital, then the whole process was shut down. the world shut down somewhere around march 16th onwards, and including my own restaurants in vegas, one in pennsylvania and half of the one inside the

pentagon. we have literally shut down every restaurant worldwide and we have 11 million workers in this country alone that are suffering losses of homes, businesses, you name it, we've got it. it's devastating. simply devastating. liz: yeah. well, what is the first step in saving a small restaurant, robert? >> i think the first thing is -- i'm at one right now in rhode island trying to do the same thing. here's what we have to figure out. we have to pivot. one thing restauranteurs are not good at is changing direction. we have to get through to our lenders, the banks, whoever it is, to give us an extension to at least try to save the business. you know, then we've got to look at what do the guests want and the biggest thing we have is the customer or consumer confidence piece. nobody's going into restaurants anymore and there's a reason why, because they feel unsafe

and insecure. our job as chefs is to make sure the family, the kids, the grandmothers, the grandfathers, all feel safe and different states and different counties have different rules. one thing the national restaurant association, cdc, nih and all these guys got together and said hey, these are the rules and procedures, this is what you have to follow. the trouble is, if you are in the state of mississippi, a county in mississippi can be completely different than the one over. so right now, i've got here in warren, rhode island, they have 60% dine-in, nobody's dining in. i have a 67-year-old man that is literally in tears two seconds ago while i'm talking to him, he's losing his house. when i was here ten months ago, he was making $20,000, you know, more than he was before. it's in the bank. first time he's made money. he's used all that. his father passed away shortly after i was here. he literally used that money.

he has no money. how do i keep him in business? first of all, i come up with a list of health checklists and verification processes so you as the consumer can say hey, listen, this restaurant, i can take my iphone or whatever, smartphone, and say listen, i can go on a qr code, i can see the cleanliness, i can see what they're doing, i can even see the protocol he put in place that the guy was supposed to clean the refrigerator actually cleaned it on the same kind of time he was supposed to. liz: cleanliness issue. >> it's a big issue. liz: but robert, it's huge. i just want to jump in because right this minute on capitol hill, you have nancy pelosi and chuck schumer and the treasury secretary steven mnuchin and the republicans all meeting, trying to come together on a relief plan. part of the sticking point involves lawsuits. the republicans want to make

sure that there's a moratorium on lawsuits where you know, any customer can walk into any business and then claim and sue, saying i went into your restaurant, i went in your store and i got covid. how important do you think that piece of a relief package is so that you have business leaders aren't sort of naked to so many lawsuits? >> i believe, listen, we are a sue-happy country, right? my concern is as a restrateur, i'm not a doctor. i don't know what's going on. all i know is when you walk into my restaurant, i have done as much as i can humanly possibly do to make sure you are safe. the health department doesn't know what's going on. nobody knows because it's an airborne illness that we get from, you know, is it six feet, is it 14 feet? what i want capitol hill to do is give a relief package and the national restaurant association, the restaurant act and all these things that they put in there are going to save small mom and

pop businesses. america was built on these businesses. if we let them go out of the communities, the communities are going to fall. and they will. that's the biggest part of what restaurant impossible, our food network, discovery, everything i'm doing right now is not robert irvine. it's about these small mom and pop businesses. you just mentioned right now, i'm fearful, i'm fearful that we will lose 40% to 50% of our mom and pop business in this country if we don't start to help them. liz: yeah. indeed. robert, your passion jumps out. i'm no longer scared of you because i watched your show and i'm like this guy makes me cringe, i'm anxious. thank you so much. it's tough love but now you are showing real love for our small restaurants and medium sized restaurants. robert irvine. thank you. everybody should watch "restaurant impossible back in business." breaking news. president trump has just taken questions at the oval office during a meeting with arizona governor doug ducey.

let's listen in. reporter: in your estimation, [ inaudible ] in arizona than it is in say florida? >> i haven't discussed it with the governor. i can tell you in florida, they have done a very good job with it. in nevada would be a disaster. in new york it's been a disaster. in many other places it's been a total catastrophe. you know what's going on in new york with the caroline maloney. i think they have to have a new election. you have no idea fraud, all sorts of -- patterson, new jersey, i guess it's 25% or 20% of the vote is tainted. you can't have that. you can't have that. so it's okay. absentee voting, great. but this mail-in voting where they mail insdrdiscriminately millions and millions of ballots to people, you're never going to know who won the election. you can't have that. nevada's a big state. it's an important state. it's a very political state. the governor happens to be a

democrat and i don't believe the post office can be set up. they were given no notice. you are talking about millions of votes. it's a catastrophe waiting to happen. again, all you have to do is look at the vote that took place on a simple congressional district in an area that should be able to do it very easily, in manhattan. it's a total -- it's a total -- what's happened, it's a nightmare. nobody's ever seen anything like it. look at patterson, new jersey. and look at other locations. we can't have that. you'll never know who the winner is. the winner's going to be me. we will see you at 5:30. week talk about it a little bit more. i just want to finish by saying we're very proud of the governor and we are very proud of arizona because in addition, the people had to help you and they did. they -- reporter: [ inaudible ] you vote by mail in your state. [ inaudible ]? >> in arizona we are going to do it right. it will be free and fair. it will be difficult if not

impossible to cheat and it will be easy to vote. 78% of the citizens already vote by mail in arizona but we've been doing this since 1992. so over the course of decades, we have established a system that works and can be trusted. we're 90 days before the election. in arizona, early ballots are going to be mailed in 60 days. this is no time to experiment. this is a time to go with the tried and true. in arizona our system works very well. reporter: are you sharing with the president some of the best practices from your state so he can apply them -- he can look at them for other states? >> our state has been a model for this type of voting, for providing options and choice to our citizens. we're not going to disenfranchise anyone. we have actually allocated an additional $9 million to make certain that election day voters can go safely in pro sper

sanitized places that are well staffed. we want to make sure everyone that wants to vote can vote and they will in arizona. >> don't forget, if you look at what they're doing in nevada, no signature, you take a look at the signature, and there's no verification of signature allowed. i don't know if you do that. but there's no verification of signature. so they don't even know who's going to sign those. they have literally a clause that you don't have to verify the signature, they don't have to do it, so right there, it's no good. it's defective. two votes in an envelope, in a single envelope, if this is a thing that will be a disaster like never before. so we'll see what the court has to say about it. arizona's been doing this for a long time and it's been refined. even if nevada wanted to do it well, they wouldn't have enough time. i'm sure the post office doesn't have enough time. millions of ballots all of a sudden coming out of nowhere. you know, voting starts in a very short period of time.

so in florida, they have done a good job. in arizona, they have done a good job but they have been doing this thing and refining it for years. this is something that's put in -- think of this. no verification of the signature. who's going to sign it? they don't even verify who's going to sign it. so i'm sure the courts will treat it very fairly. let's see what happens. thank you all very much. i'll see you later. i'll be talking 5:30. thank you very much. liz: and we may have at least some clarity at 5:30 about how much closer both sides are to perhaps a coronavirus relief fund and the next piece of that as we watch for that. got to talk about the race for the coronavirus vaccine. novavax lapping the competition intraday on positive study results. in an early clinical trial, this is good news, with 131

participants, the vaccine produced neutralizing antibodies and researchers also said it had a reassuring safety profile. novavax jumping 10.6%. you got johnson & johnson still in the race after clinching a $1 billion price tag for its deal with the u.s. government for 100 million doses of its vaccine. currently in early stage human trials. that stock is up .7%. moderna is pulling back about 3.5% after pricing its covid injection at $32 to $37 per dose for small orders which is much higher than competitors pfizer and biontech which both priced their small orders at $19.50 per dose. after jumping as much as 20% in premarket trading, we are looking at novavax as the clear winner. all right. here we go. we've got the dow up 329 points. the nasdaq still showing gains here of 45 points. that is a record if we were to close right here.

but let's get to the smartphone wars. samsung has just revealed its latest and greatest products at this morning's streaming event. the tech maker burst out new foldable 5g phones, updates to tablets and its latest smart watch in a bid to grab the global high tech throne. to susan li in the fox business newsroom. i am loving the 80,000 choices of smart watch faces samsung just unveiled. incredible. susan: a watch face for every new outfit for you. up to 80,000 new watch faces. you also get 40 new computations as well. that's a lot of variety for you just in case. we know the watch is part of five new devices samsung just announced. two new 5g iphones, we have the watch and earbuds which is getting a lot of attention on social media and a tablet. i chose two phones because they are top of the line, probably

two of the most expensive samsung offers. let's talk about the fold 2. this is the second version of the infamous first version which had a lot of problems with a hinge. this time around, no price being announced. we know the first version was around $1900 change. the fold goes from a smart dpoenl, ope phone, opens up to almost a tablet. the second one is the note 20. this comes in ultra as well. triple back cameras and still pricey at close to $1,000 for the base model but that's actually cheaper than the note 10 that was released last year. that 5g capable phone was for $1300. this is $300 cheaper. in fact, the average 5g smartphone being sold in the u.s. is only $800. we know price is going down. now, the third choice i picked was the earbuds because people are saying it looks athletic, they look comfortable in comparison to say airpods, $169. call that $170. they will be available in september.

i think the catch-up in the wearables is being played out by samsung. they need to catch up to apple since their wearables is already a fortune 140 company on its own, meaning they made around $6 billion in wearables. that means watches and airpods just in the past quarter. also, i think apple is going to be closely watching this to see how these expensive new phones do in this covid environment, especially ahead of their 5g launch which is expected in october. a little push-back by a few weeks instead of september. liz: let the wars continue here. yeah. they're not calling it rose gold. they are calling it bronze but those air buds, you don't want to call them air buds but the ear buds are very very cute. i like them. good to see you, susan. thank you so much. we are looking at a closing bell right now just about ten minutes away. speaking of rose gold, gold spiking to record highs as investors embrace the safety of

the yellow or white or rose gold metal. coming up, we've got different ways you can cash in on the glitz and glamour of precious metal, not just gold. the question is do you buy bars of gold, do you buy the miners, or maybe you buy the guys who lend to the miners, the golden moves gold bug frank holmes says you should be making right now. and it's known as one of the only universities where legacy doesn't matter, if your parents went there, whatever, your parents donated money. you can't buy your way into m.i.t. you've got to be really smart. how did two teenagers from a war-torn middle eastern country get noticed and accepted to m.i.t.? meet a former deloite consultant from the same war-ravaged country and how he's finding brilliant students in conflict countries and giving them a shot at attending top colleges and universities like m.i.t. around the globe. george's story of finding the

american dream himself and then generously passing that down to the line of others just like him in my new everyone talks to liz podcast episode, now available on spotify, apple podcasts, fox news podcasts.com and more. check it out. i guarantee you won't find a more inspirational story. we'll be right back.

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find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪. liz: breaking news. we are at session highs right now. closing bell ringing in five minutes. look at the nasdaq. up, let's see 48 points right now. it is about to notch its 30th record close of the year. guess what? last year in total, 31. really pretty much there. not bad. so is apple on the third record close right now. the tech giant market cap,

$1.877 trillion. apple is on the verge of two trillion dollars even as samsung unveiled all those exciting toys that susan li just showed you. let me talk about what is hitting a record. in today's session alone gold hit multiple new record high after blowing past the psychological level of $2,000 a week. one xm analyst, calling 2200 by christmas. we're at 2054 a troy ounce. today's "countdown" closer predicted $2,000 an ounce in 2020. he said you know what? gold can hit $4,000 an ounce in next three years. franks holmes, gold etf. up 50% in the same period. bring in frank. give people options beyond buying physical gold. what is your best idea when it comes to gold, investing in different options? >> well, the 10% golden rule is sort of critical in your

portfolio that you have at least 10%, you rebalance that once a year. i think that is the starter. i'm very biased as you know. you mentioned goau. i launched three years ago with you on the program. liz: right here. >> did exactly what it would do. what is a big game-changer in covid in march we saw the numbers, the first time over a decade gold mining companies as a whole have free cash flow yield and s&p has evaporated for most companies. you're seeing gold stocks getting higher bid and attraction to them. liz: frank, i'm looking at a company called franco. tell me what they do. they in a way are lending to the miners, versus exposure to the miners. that to see indicates upside moves but less of a downside hit. >> what is special. it is not really lending. they buy royalty and all assets

future production and existing production and what's sweet about this, they say i will buy this for a 10-year pay back. the geological footprint is 30 years. so they get all free, all new ounces, production, everything all comes free to them. so they have high gross margins like 70% gross margins. they have high free cash flow. they have dividend policies. classic is the revenue per share for franco nevada is $24 million per employee, they have a royalty on barrick and newmont which is 600,000 revenue per employee. i want to own high revenue per employee companies. liz: what is the correlation you see between gold and more government stimulus, frank? because they're discussing that right now on capitol hill at the moment. you know we'll see some type of agreement between the republicans and the democrats in the white house but why is gold moving up as the stock market continues to spike higher?

we're on the verge of yet another record for the nasdaq. >> don't fight the fed. it is unprecedented trillions of dollars being spent f we go back to 2009, when obama announced in $2,009,700,000,000,000 going -- announced in $2,009,700,000,000,000,000, that is number pushing $10 trillion when it is all finished. what is very different, the g20 finance ministers and central bankers around the world are working together to 20 as much money, currency debaste, to fight covid this is world war iii against something invisible. asset classes like real estate. you see gold go up. this is zero paradigm with zero interest rates. this makes gold a very attract tougher asset class. liz: you know what? we're coming up on the closing

bell. of the platinum is little less expensive. palladium more expensive than gold, still the winner. [closing bell rings] frank, great to have you. we have the dow up 386. pretty much at session highs. nasdaq at 11,000 right now. stay tuned. "after the bell" is next. >> stocks surging into the close top white house officials resuming negotiations with the democrats on capitol hill. we're watching it all. good to be back with you. i'm connell mcshane. jackie: i'm jackie deangelis in for melissa francis. this is "after the bell." this is the third consecutive close for the nasdaq. that mark its 31st record close of the year. that is the amount of total record closes for the index for all of last year. apple, closing at a new record