tv Varney Company FOX Business September 14, 2020 9:00am-12:00pm EDT
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yesterday, trial date is likely ready for the fda by the end of october expanding the stage iii to include people with pre-existing chronic condition. >> is all good news, lee carter, great to see you, dagen always a pleasure, have a great day let's get right to "varney & company", we will see you again tomorrow. stuart: good morning, everyone, a good way to start a monday, football is back i like the way fox covered tom brady's game, the president had an active week in campaigning in the west and joe biden inexplicably stayed home, the polls are tightening and stocks will go up at the opening bell, nice green on the left-hand side, 200-point gain for the dow and look at the nasdaq up about 150 points, green as we start the monday morning, microsoft will not get tiktok, oracle will, investors
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are buying oracle, modest selling, investors are buying oracle, modest selling and microsoft, i got that right. they are buying nvidia which is paying $40 billion to softbank for the arm holding, here's what we know it helps nvidia become a major player in advanced computing from the cloud and nvidia ceo the stock is up $31 a share, as per the election campaign, the contrast, the president took his message directly to live audience in western states and invited up a crowd in nevada, joe biden stayed home. after the ambush of two police officers in l.a. biden issued a tweet condemning violence, trump called for the death penalty football, tom brady lost but football is back and despite the
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absence of crowd, the gate on time played well on tvp fight shots of the game piped in crowd noise, it worked for me, social justice activism was hardly apparent during the game itself but colin kaepernick did have something to say. you will find out what he had to say. we have a new shopping holiday, trump goes to california, bloomberg spends 100 million in florida just in florida and josie the restaurant people in new york city marching against rules that ruin them, "varney & company" is about to begin ♪ ♪. stuart: wildfires on the west coast, dramatic video killing 27 people, that was last week, the total deaths is 35 so far this year, right now as of now 29 major fires are burning just in
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california, 17000 firefighters trying to fight back against the flames, washington governor jay inslee says his state looks apocalyptic and who's to blame, climate change, that's according to west coast politicians, 3.3 million acres burned so far, some meteorologist say today can be the worst day yet with dry and windy weather in the forecast. later this morning they will travel to california where he will be briefed on the fires in the california national guard, he will be the governor gavin newsom, you could see a climate change clash. all that coming up today, let's bring in the futures, lots of green right there up 200 for the dow, up 140 for the nasdaq, market watcher keith is with us. you fessed up last week to having bought big tech on the dip, i'm sure you happy you did
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that because i think you got a bounce but are you buying anymore today? >> yes and yes, this is the kind of weekend where you really want to see something happen and boy did we get a deal making weekend, this is what $80 billion give or take and i like this because ceos don't traditionally make deals like this unless they're confident, that is the important part. >> you're talking about and nvidia deal, tiktok deal, that's what's giving us the rally this morning. >> you got tiktok, microsoft, oracle, gilead, nvidia, a lot of big names, pfizer coming out with a vaccine, that's not ideal but kind of video, a lot of that points to confidence and i like the outcome of that coming into monday morning. >> so you're buying some more, i want to talk about tiktok, oracle beats microsoft, susan lee with me this morning, is it over. susan: we know without the
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valuable argo rhythm with microsoft, with the oracle deal, is not necessarily an outright sale, detect partnership as they call it, we have to see in terms of what the price tag is that the end buffer oracle there is a lot of pluses and microsoft has a deal and they have been stagnant when it comes to cloud losing ground to amazon and microsoft, now you're the exclusive cloud service partnership with the fastest growing social media site on the planet and that makes sense for them, you get a younger demographic as well in the e-commerce, social media consumer facing and it's also bragging right for him to be an ambassador when it comes to burning u.s. china bridges tied the two types. stuart: they don't get the algorithm but about the ties. susan: if microsoft were to do the deal for tiktok, u.s., canada operations it was run 20 - $30 billion in the price tag, this is a partnership and
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some see it less than that, probably in 5 - 10 so we know oracle does not do big partnerships and the biggest one they did was early 2000 for around $10 billion. stuart: is it over, is this thing over? >> we hear treasury secretary mnuchin saying he will review this this week and making a recommendation to the white house if one person can get past because this is not an outright sale that the president wanted to see and if someone can get past the u.s. president and might be larry elson who held a fundraiser for the reelection campaign earlier this year. stuart: thank you very much i want to bring keith back in, you been a big fan of microsoft where they did not get the tiktok deal, do you still like microsoft? $203 a share this morning. >> yes, i'll tell you why, very sinister side to the oracle tiktok tie up, that's in microsoft with strategic -- beijing strategic deception, they picked oracle because they possibly compliant with china's
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desires, microsoft may have been too much of a threat for beijing, yes i still like microsoft and especially so given the playoff. stuart: thank you very much keith, we will see you again soon, let's move to the vaccine hunt, astrazeneca resumed their vaccine trials and number of patients reported a side effect in their back on again, 18000 people have received the vaccine so far, here is pfizer, the ceo albert says the virus vaccine may be finished by the end of the year and he says pfizer has manufactured thousands of doses in preparation for approval. doc siegel joins us this monday morning. doctor anthony fauci says going to a theater will probably not happen until a vaccine has been out for a year, that seems a very long time frame to get that close to normal.
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>> doctor doom and gloom found she is speculating on basing this on any knowledge of the virus, the virus itself varies from one place to the next, the question is how much of the viruses around that is number one, number two what precautions are movie theaters taking, the taken a huge hit, christopher nolan's movie opened 200 million-dollar budget and they made back 20 million but the real feeling interviewing is going on with netflix with the martian movie, that series is doing unbelievably, it's hard to find open movie theaters but i have a question doctor fountain, what about more drive-ins, what about using distancing people and having good ventilation, i don't think we should write off the movie theater industry yet, i think it can be saved. stuart: what i'm getting at, whether the virus is going to get us back to normal or not, we don't know whether it works, we have not finished testing, we
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don't know whether people will be compelled to take it to get on a plane or send their kids to school, we cannot look at the vaccine as a magic bullet by the end of the year can we? >> extremely good point, one thing that is never coming out in the headlines, we don't know how effective the vaccine is going to be, even if it's 50% effective, it will get approved and be a useful tool but it will not be a panacea, we need a combination of very smart public health, physical distancing continuing to use masks and the vaccine will add something to this, we have to readjust and i'm a big fan of drive-in movies and i love them when i was a kid, we need more driving theaters and what we need common sense at movie theaters, i don't think saint 2021 vaccines, movie theaters then come back, is it accurate prediction is speculation. stuart: thank you for joining us we will see you again soon. let's get straight to the economy because adobe is out with the latest read on online
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shopping, what is adobe saying? lauren: were spending a lot of money online, how much, $63 billion in august, that is 42% then last august but it was down from july's growth rate of 55% and the start of the pandemic we saw growth rates pushing 80%, why the slowdown, the stores are open, that easy, 27% of surveys said they felt more comfortable shopping in brick-and-mortar's in august than they did in july and should we get a vaccine this year, i think the retail stock will really breakout. stuart: i hear you, thank you lauren. take a look at apple, what are they this morning, this is unusual first time in a long time we have not quoted apple right up front at the show, they're loosening, you have to explain it, loosening inapt restrictions.
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susan: that means game streaming like microsoft, x cloud and google study can now operate on the iphone, however, the big catch this might make it not even compliant for microsoft and that means every individual gain has to be individually broken out as an app on the app store, do you know how many games there are on google x cloud, a lot, for them it makes you think why do we have to do this at streaming sites like netflix and spotify they don't have to break out every individual tv show or show, for apple itself the app store has been a complaint for antitrust meaning is monopolistic and entire control over the iphone and what goes on it. that has been a source of complaint from fortnite, the fortnite maker, apple tomorrow might be positive for the stock since were expecting a new watch and also an ipad but this complaint continues to go one. stuart: is apples i store.
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susan: app store. stuart: they created it, they can figure it out. susan: that's what they're saying and protecting user. stuart: fox business alert to los angeles county deputies in stable condition expected to survive after being ambushed while sitting in the patrol car, president trump swiftly and strongly condemned the violence, joe biden responded with tweets from his basement, we will dig into that for you, failed democratic candidate told president bloomberg pledging to spend $100 million to be trump in florida. we have that story as well, first the futures, monday morning tuning in, a lot of green were going up on the dow, the s&p and the nasdaq, we'll be right back. ♪ do a good ♪ whatever you do ♪
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joe biden is calling for more gun stocks in light of joe biden statement. ashley: they're moving higher, in fact they could be gun-control, joe biden calling for that less than 24 hours after the two l.a. county sheriff's deputies were ambushed and critically wounded in compton after they were essentially ambushed and their squad car, in response biden tweeted this, weapons of war have no place in our communiti communities, we need to ban assault weapons and high-capacity magazines per he also called the shooting unconscionable, president trump
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meanwhile went on the offensive calling for a fast trial with the possibility of a death penalty adding animals must be hit hard, the president calling for criminal sentencing guidelines and faster courts, speaking of the latinos for trump event in vegas over the week of the president used the l.a. ambushed to highlight his campaign law and order message wall portraying biden week on crimes, he is not strong for law and order and everybody knows that in the two l.a. deputies in question are in critical condition in the hunt for the suspect continues. but as a result from the comment from biden it is interesting that we see the gun stocks move higher. stuart: it moves every time. you have control gun stocks go up. look at the headline in the wall street journal, it's the economy stupid carries less weight in 2020 elections, a gallup poll saying they leading the issue
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for voters and it comes third behind the virus, government poor leadership and the economy. look who is here stephen moore member of the president economic task force. do you believe that the economy is not the primary issue facing the electorate today? >> i'm not buying it, i think obviously the virus so that's a huge issue, the two issues that matter most right now are the american people, jobs and their personal finances which is the economy but also progress being made on the virus and by the way nobody in the media is reporting this but the progress in the last few weeks in terms of reduction of caseloads and hospitalization from coronavirus have been remarkable, we'd not seen anything like it and nobody in the media is reporting that, that is good news from trump, the other issue that will be
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critical is what you were just talking about, public safety, just antidote a week, everyone i talk to, they are concerned about whether the streets are safe, whether the police will be there to protect them and do not undercount that issue in terms of its importance to the american people. stuart: one thing i don't understand why the democrats, speaker pelosi and senator schumer walked away from helping working americans, last week nancy pelosi said no to a $300 per week emergency unappointed pay, no to 105 billion going to the schools, that seems to be a reversal, i thought the democrats were for working people and yet they reject help for working people, i do not get it. >> good point he said no to the hundred dollar payment, i'm not a big fan of that but something pelosi and trump want to do but
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she walked away from that, she rejected the payroll tax cut which trump has been talking about for months which provided every american immediately a 6% pay raise and all she seems to care about in the negotiations is a real opening for trump is giving money to politicians from states and cities and mayors and governors and if yes the american people what they care most the payroll tax cut in the money in their pockets and they don't want to go to politician, this is important for people to understand, what she is essentially done has hijacked the whole stimulus relief measure unless she gets every thing that she wants and then you have to start questioning her motives, does she not want the economy to get better, does she want the economy to be as bad as possible so the democrats can win, i've never been that cynical before that i'm starting to wonder. stuart: cynicism is a dreadful thing isn't it. stephen moore all good stuff, thank you for joining us. fox business alert, howard
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schultz former starbucks ceo says he's voting for joe biden in november, he tested the presidential waters, he briefly considered running as an independent last year, he said also contribute to his campaign, that will be to biden's campaign. susan, facebook tried to recruit election poll workers. susan: directly into the new see on facebook, it comes up with information on what your friends are doing, that includes links to poll worker registration site and they're concerned this year that covid will cause a shortage when it comes to poll workers so the initiative if part of facebook push to sign up for million to register and vote this year. facebook like other dozens of other companies like gap, target, walmart and starbucks are giving their workers the day off and paid time off for this year, facebook announced that they will allow no new political ads in the week heading up to the november 3 vote in there
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taking steps to prevent any candidates from claiming victory too soon so the two will be heavy on balance compared to previous cycles. ashley: i guess so, it'll be heavy with the mail-in voting, i still don't think you get an election result on election day or election week. susan: base because tried to unhide themselves for what happened in 2016. stuart: understood and facebook is back to 270 as we speak. >> where are we going with opening bell, were going up, look at the nasdaq 180 odd points, 1.6%, the dow is up to 37, to rally this monday morning, you will see it after this. ♪ hi, this is margaret your dell technologies advisor
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september, just on friday, the dow ends the nasdaq, swinging 300 points more from high to low, that is volatility in the wild movement is why this month if you look at the options they've average 35 million trades per day, that is 92% more than last year, that helps amplify the overall stock market move that were seen which is been pretty drastic in recent days. stuart: it sure does ashley what you got on apple and tesla. ashley: the apple option activity for instance has more than doubled this month, the question is why is there a massive surge in the options, you've a massive market and tech, you have a 0 trading costs that you could do for nothing and yet easy to use technology and more than anything stuck at home in the pandemic, stocks like apple and tesla are very attractive and then you have the
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phone mode affect fear of missing out, people making all sorts of money on the stocks in the small traders jumping on options and they have the right to buy the certain price and the strike price and sell by a certain date, the expiration date, they are bullish and they believe they can make money and pay a premium to do that but it adds so much to the volatility, not so much the whales in the soft banks putting in 50 billion on tech stock options, these are small time traders often with a two week type of time. to get in, make some money and get out. stuart: volatility. susan: looks like volatility spikes about four points on the day before the election and that will probably be the case this time around in 2020, looking at the outstanding options, that means the position people are taking on the s&p 500 ahead of the november 3 vote, get this let's say the biggest price
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range or the most amount is bedded that the index will fall through december. stuart: really, because of the disputed election? >> the last time we heard that, we went down 11% in the five weeks of the dispute. susan: that's what people are betting on this time. stuart: look at this 930 eastern time, we are up and running, nonetheless i happened, the dow right from the very start, it's up 160 odd points but check that out, 190, that's about two thirds of 1%, the vast majority of the dow 30 are in the green, as for the s&p 500 coming off two pretty bad weeks, up 1% as of right now, that's a rally coming back a little bit there. the nasdaq composite, i'm looking for big game, were up 1.5%, big tech coming back nicely this morning, let's move on to the virus vaccine makers,
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the news is astrazeneca is resuming vaccine trials, pfizer says they may have a vaccine out to the public before the end of the year, astrazeneca, pfizer, on the upside, oracle looks like they won the bidding for the tiktok here in the u.s., that means they beat microsoft, oracle is up 6.8% in the very early going, how about big tech overall this monday morning, all of them in the green, apple, amazon, facebook and microsoft, microsoft is turned around and now it's on the upside, can you show me tesla please elon musk is saying something about. susan: the many exciting things according to elon musk, what they are we still don't know but a tinting we might get a million mile battery or a longer-range one. it's called marketing which elon musk tends to do hyperbole.
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stuart: he does not have a battery that is one charge that gives you 1 million miles. susan: we know that but his marketing spin and this is multipurpose we, were looking for a battery that holds a 400-mile charge, are you with that, that is realistic most predictive battery with 400-mile charge are likely to be mass-produced in the next three - 4 years but you think about the investment in the battery tech, that's a ubs that has doubled the price target on the stock and it's pretty much anticipated that an expected that tesla is the most advanced electric car battery tech. stuart: a 400-mile range is the equivalent of the gas tank full, that is competitive and if you get awake three - 4 years, that slows down the electric. susan: the main reason while lower the gas cars than the electric went. stuart: fairpoint.
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peloton, big winner last week, their ceo had a big prediction for user growth in america, what is he saying? lauren: john told liz claman that peloton will have 100 million users in the next decade or two, they have 1 million users now, this means they would have to add between five and 10 billion subscribers per year that seemed like a tall order but t peloton shares are p 200% in market cap close to $225 billion, the future growth is unlimited and investors are starting to disagree, that's why you see them extend the selloff that they had on friday, friday they put out the terrific earnings report and they tripled their sales, workouts doubled in the quarter, it could not get any better than that because peloton reminds us of what her old life was like when you look at zuma peloton, it's an idea let me have normal at home in a new way but when there's a
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vaccine are we still going to want peloton or will we want to go to the traditional jim, a lot of the lockdown winners -- lockdown losers right now. stuart: losers right now, $80 a share last week it hit $100 a share, it's come back down to a level of 80 bucks as we speak. thank you lauren, this is intriguing, a big new shopping day, a whole new invented shopping day, what we know about this. ashley: we know november the 11th, 1111 is china's single day sale event the world's biggest shopping extravaganza as we know and now we know underway in the u.s. to create a similar event on october the tenth, ward than two dozen retailers signed up although they've yet to be identified, the goal is to pull holiday shopping into october
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from closer to christmas so retailers can handle limits on shipping capacity and available merchandise, it's an interesting idea, analyst say the president to command has constrained shipping and interestingly were told there may not be that many big discounts this year although i find that hard to believe because there has not been a clot of unwanted goods in the market, interesting stuff but 1010 is gaining momentum. stuart: why not invent a new shopping day, why not. what is to lose. >> do you know what it is in china it's 1111, i like that. stuart: eight is a lucky number in china, for is not. here is this move on top the box office in china, even tenant did better over there than here.
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but that is because movie cinemas are back in business in china and they're not really in business here. lauren: there only about 60% opened in the u.s., here's the bottom line, china is doing okay but hollywood road to recovery looks long and bumpy if you ask me, moulin by disney opened in first place this weekend engrossed about $23 million, we have no idea how many people streamed on disney+, that's only way you can watch in the u.s., then you take a look at warner bros. tenant that grossed over $10 million in china over the weekend and in the u.s. where it's only blockbuster, engrossed $6.7 million. but as you noted, yes, in the u.s. yet major theaters in los angeles, other parts, in china they have been open since july and that sensei had a head start. stuart: yes they pack, thank y
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you. we are open for six minutes and were a perhap half a percentage0 points higher, 27800, the yield on the ten year treasury right now is .66%, the price of gold right now is 1966, do we have the price of oil? let me tell you this, oracle stock price halted for news pending. that is the situation as we speak. susan.lauren: secretary mnuchin confirm that they receive the bid of the partnership bid from oracle intake top. stuart: that's likely to be the news, will the news involve the price? lauren: that would be interesting, that is what everything is halted for, it was halted with the stock up 4%, now you know. stuart: we have a new york high school under fire after one of the teachers handed out a cartoon comparing police
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officers to the ku klux klan and slaveowners. this is many surprised to dennis who created a film exposing the politically correct world of academia, he joins us next hour. the wildfires are raging on the west coast, democrats say it's all because of climate change, we are going to talk about that. after months of the stonewall new york city indoor dining will reopen to 25% but only at the end of this month, many restaurants say that is not enough, today there storming city hall and protest and we will have a live report right from the ground. ♪
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to find out how much they're going to paper parts of tiktok and how much the united states treasury gets out of the sale price, two unknowns at this moment maybe all will be revealed, we will see, new york city restaurant owners protesting outside of city hall, a lot of restrictions placed on them and i don't like it, christina is there, tell me what other restaurant people wanting to get out of this, what do they want from the city? >> they have a whole list, if anything they want to be able to open a little bit more than 25% capacity which is only happening september 30, it is not enough, these are the signs that were seen across 25% given the fact that they have been close for so long or operating on minimal margins with only outdoor dining, some restaurants cannot even provide outdoor dining given where they are on the sidewalk situation which is why you have hundreds here that are coming to protest, the rules and restrictions so far, 25% capacity by september 30, no
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bars are open, you have all the restaurants closed at midnight, you need to take your temperature when you walk in, you need to provide personal data by contract tracing depending on your party that's upset a lot of people giving the restrictions the fact that bars, no bar service, you cannot even sit at the bar you have to maintain the 6 feet of distant which is why i spoke to joseph smith, he is the owner of bobby vans a steakhouse, i asked him why he's not satisfied with their latest restrictions. listen in. >> we have been struggling hanging on by her fingernails for the last six months, most of these people here as you can see they have not worked in six months, they don't have any money, were trying to help one another out. >> they are asking for 50% capacity, not 25% and by november they want to be able to open up 100% and the concern for that is because of the cold
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weather, if they choose to stay open our doors, they have to get heaters but the heaters need to be approved, there's a whole line of things that they need to do too have the operate and that means extra dollars and a lot of extra people will be out of work, we cannot take away from the actual science that cdc put out 314 adults say there's a significant uptick in transmission by roles for the virus and that your twice as likely to caught it if you're attending a restaurant or a bar. i will throw back to you, you can see they are very, very upset with the situation and they will be outside city hall protesting for at least 50% capacity, back to you. stuart: it looks like a revolt for new york restaurant tears. mark will join us for the next hour "varney & company", he owns four restaurants here in new york city, i want to know is this a revolt against the mayor of new york, i will certainly ask him that.
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look at our age, the luxury furniture retailer, they did strong after second quarter earnings report and then up again this morning. do you remember this from andrew, he called this on our show, watch this. >> you are correct, it's expanded furniture with good design so everyone has been making money in apple and amazon and everyone has been making money in the stock market who is staying at home at the same time, where are they going to spend their money buying expensive furniture, the company is profitable, they are unique and they don't have much competition and they're about to go international, for those reasons i think retribution harbor can go up 50% from here. stuart: the man himself is with us right now, welcome back to the show, you got it right, played out very well, your prediction on our h. >> rh owns a restaurant in new york, what are the most limited
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and they may be outside, a two week wait to get into the restaurant but they were greatly benefiting their showroom and restaurant all nationwide by opening them up. stuart: that is interesting, how about normal list, i believe you like them, homework out of quitman, you like them to. >> there are trends that are emerging, like i said with rh and with the restaurants people are spending more time at home and you cannot deny that and they're working out at home and some habits are not going to change, what were seen with the workout, i was short pellets on this year end i was wrong because underestimated that people want to work out at home and it saves them time, not to mention the virus concerns, with that nardil is the great new bikes and wonderful exercise equipment and a bunch of seven or eight products compared to peloton and it's extremely inexpensive on a valuation scale, peloton being 20 some odd
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billion dollar company is going to have to buy someone in order to increase their product line in our list unto nautilus is a perfect company to buy. stuart: before we leave i want you to talk about vastly, you like it in its way up today, do you think that is some kind of play on tiktok and oracle? >> it's the largest customer tiktok if you're free to buy oracle or bogged down by oracle's legacy business which might put a valuation cap and you don't want to buy something high multiple fast-moving high-technology it is fastly. bistate wising tiktok, definitely helps out fastly, it's a great company and they make the internet move faster. stuart: if you're right again mr. left we always enjoy having you on the show, so far you been pretty good, we will see you again soon. can you put nvidia up on the screen, and video is paid
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$40 billion for a piece for a british chipmaker arm holdings, look at them go nvidia is up $44 a share, 9%. susan: you need to explain why it's important, nvidia, you will use in a nvidia chip whether gaming or 90% of the smart phone sold around the world but inadvertently you're using nvidia product going forward by arm holdings. stuart: thank you, that's a good explanation, i will take that and that's why there are 44 bucks a share. a new fox poll reveals more voters consider the urban unrest to be riots not protest. laura logan is here and she studies black lives matter, she has something to say about that on the show today. check the airlines the ceo of united says travel demand is not likely to recover until a vaccine is widely distributed, how long will that take, the airlines are up, that is next.
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the aerotrainer is tested to support over 500 pounds. train hard, because aerotrainer can take it. it inflates and deflates in less than 30 seconds using the electric pump. aerotrainer works for families, beginners, and athletes. use it anywhere. even strengthen your core while watching tv. head to aerotrainer.com now. aerotrainer's unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. now it's your turn to lose weight, look great, and be healthy. get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. stuart: airline stocks on your screen almost all of them higher, the ceo of united says don't expect travel to recover until a vaccine is widely
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available, he does not think that will happen until the end of next year the end of 2021, delta is borrowing six and half billion dollars to help them ride out the travel slowdown. there you have it, joining us on the phone chairman of the board of the global entrepreneur network, look jeff, i'm going to disagree with this idea that it takes years and years and years to get travel demand back to where it was, i understand there's going to be a slowdown in business travel, slowdown and international travel, i got it but i think there's a huge pent-up demand domestically for people to get on a plane and go somewhere with the sunshine, what do you say? >> there definitely is a big pent-up demand, obviously with people being stuck in home for a long time. but we did see over the summer the all time low in consumer travel, and talking about the airlines and hotels, people are still nervous about getting on a plane and staying in hotels and
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a lot of people have stayed in, that's why we see so many people driving, there's more airbnb in june and july and people are going to beaches and parks but i do agree with the first chance that they get to travel again, they want to travel because people still do not feel safe and that's why the question of when the vaccine will come out is a big issue. stuart: is because people do not feel safe or is it because their lifestyle has really changed having been locked down for six months. >> i think it is all of the above, people did find other ways to entertain themselves and more people went exploring invented rvs and went camping and went to the parks, we did find people were forced to find another way to get outdoors and entertain themselves and they did, some of them will change but there is the pent-up demand, people still do want to go to the fun places they want to go, part of it right now there's nothing to do when you get there
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because we still have a nation that is mostly shut down, that's a big issue even if you're not afraid to travel, what would you do when you get there, there's a lot of factors there. stuart: when they open up you got something to do when you get there, thank you for joining us for short notice, i always appreciated. thank you very much indeed. let's go to politics, president trump staying busy on the campaign truck, joe biden stays in his basement, watch this. >> is in his basement right now and he's saying what do i do, he calls his handlers, what do i do about this, he has not left two and half days, in the meantime i am all over the place. stuart: 50 days for the election in joe biden did not have a live event over the weekend, could it be a problem for his campaign, ronna mcdaniel coming up shortly. ♪.
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stuart: 10:00 eastern time this monday morning. he see a nice show of green on the left-hand side of the green. the dow is up 300. nasdaq is up over 200 points. i will call this a monday morning rally. look at oracle. the stock still suspended. i think that is correct. lauren: halted. stuart: halted, thanks very much. news pending. we don't know what the news is going to be. but oracle apparently won the bidding for tiktok. i want to know what the price is. ii want to know how much the treasury has gotten.
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lauren: we have got the news. oracle confirmed what treasury secretary steve mnuchin said they are part of the bid and tech partnership. stuart: still halted news pending. got that. next case is, now this. on saturday joe biden stayed home. the president was barnstorming through the west, biden stayed in the protective bubble of his basement. what a contrast. and what a problem forever biden. on a saturday, in late summer, with the election less than two months away, why did he stay off the campaign trail? was he tired, fatigued or did his campaign figure silence was less risky. it is just a mystery to me. on saturday night, two young police officers were shot at an ambush attack. in the hospital protesters, if that is what you want to call them, shouted, "hope they die." biden put out tweets decrying violence. that's it. no public appearance, no
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questions. a tweet from home from biden. this was from the president on the campaign trail in nevada. roll tape. president trump: biden wants to appease domestic terrorists. my plan is to arrest domestic terrorists, okay? [cheers and applause] we also believe that if you murder a police officer, you should receive the death penalty. that is what we -- [cheers and applause] stuart: what a contrast. meanwhile the polls are tightening. discontent within the democrat party is rising. bernie sanders is not happy. he says, bashing trump is just not enough. he must turn left. biden must turn left. that is what bernie says. and he must bring in alexandria ocasio-cortez. oh, to be a fly on the wall inside of the biden campaign because they have got a dilemma. if he gets out of the basement
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he is vulnerable to gaffs and or senior moments. if he stays at home, the president defines him as sleepy, not up to the job and late to the game on the big issues. remember, hillary clinton went for 270 days without a single news conference and candidate trump defined her as weak and afraid. one last point. it is two weeks to the first debate and joe biden is getting no practice on the debate stage at all. look who is here. ronna mcdaniel, rnc chair. okay. you would like nothing more than bernie sanders and aoc playing a major role in the biden campaign. that is exactly what you want, isn't it? >> i just want hillary in with them. i think they all should go on tour with biden to show how far left he has gone. i think he is firmly planted in the left, stuart.
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he will get rid of all the energy jobs in this country, get rid of fracking. he said he will raise taxes on 82% of american families. this is not a middle of the road candidate. sofar left. i'm fine with him going on the road with bernie, aoc, throw hillary in there for good measure. stuart: i'm surprised you don't encourage hit some more, ronna. i will leave you with that the latest polling from fox news show as five point raise nationally. biden 51, trump, 46. president trump only tops joe guiden when it comes to the economy. how do you bring back the president to a lead in the polls on things like the virus and leadership of the country? how do you do that? >> well, we're seeing the president taking the lead in a lot of these states post mount rushmore. not just on the economy but also on law and order. joe biden and democrats want to
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reimagine the police, for cash bail, a lot of americans are uneasy about democrat players allowing unrest in the cities. again the president is about to announce or just announced 150 million rapid tests coming from abbott labs. as people learn about his record on coronavirus, warp speed vaccine, the things that he has done, in just a short time, stuart, this was six months ago, a brand new virus hit our shores we've never seen before. we'll talk more and more about that as we get out on the campaign trail. the president's record on the virus is strong. the economy is coming back. we're saying to people we have can balance health and safety. we need to balance the economy that is the right stance for america. stuart: ronna, are we going to see a climate clash today when president meets with gavin newsom, governor of california? he said problems in california are because of climate change? is that clash coming today? >> i think right now should be
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supporting the people of california and the president is going out there to look at the devastation. our hearts are with all of those affected. i think the president does have a point there is a forest management issue. this under growth of dead trees have been left to create kindling to allow the fires to spread in a way they're catastrophic. you know, california, there was a study after the last fire, there was a beetle infestation killed 125 million trees. they are dying and on the ground and not being removed. they allow the fires to spread like a blowtorch through towns and communities. that is a discussion we could have later. how do we help the people in harm's way, help support the people affected by these wildfires. that is what the commander-in-chief is doing in california. stuart: we'll follow that. ronna mcdaniel thanks for joining us. we'll see you soon. >> thanks for having me. stuart: let's get to what may or may not be a teal on the stimulus program.
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we're hearing senators from both sides of the aisle, the new thing, the new stimulus plan is basically on hold until after the election. mick mulvaney is here. mick, is the guy who on this program said, there is no way on god's green that's right politicians won't find a way to spend some money before the election. so, mick, big smile on your face, do you think we will get some kind of stimulus bill this year? >> good morning, stuart. i would never be happy to be wrong about spending money, i am still surprised nothing has passed. that being said i've been in washington enough to know, despite folks are saying there will be great temptation to do something before the election. it is fair to say a stand-alone stimulus bill is off the table. there is not simply time or interest to do that. keep in mind there, is one, possibly two bills that must pass before the election. certainly the funding of the government bill must pass by the end of september. my guess is that some sort of
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emergency spending, recovery bill for the wildfires and hurricanes will also pass before the election in november. there is still a couple different avenues for maybe a smaller, slimmed down stimulus bill to pass but i have been around long enough to know the temptation to spend money is still there, it just builds as you get to election day. stuart: sure does. i've been around longer than you. bob woodward's new book claims that you argued vigorously against killing soleimani, iran's top general. is that true? >> yeah. i have not seen mr. woodward's book yet. i just read the excerpts about that excerpt this morning. so i'm not sure what his source but i'm not sure why it would be even newsworthy that the chief of staff is laying out all the options for the president or at least making sure that the staff is doing that. cabinet secretaries are pitching all sorts of different contingencies to the presidents
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i'm not sure why it is newsworthy? did we consider a bunch of alternatives before the president took action on soleimani? that is exactly what you want the president of the united states to do. i get asked, what my service i'm most proud of as chief of staff, it was the days surrounding the suleman any attack and days after it. the information flow was as good as i have ever seen. the debates were insense tin as i ever seen. the out come was as good as we possibly expect. i have not seen mr. woodward's book. i have not seen who the source is. i usually don't talk about private conversations with the president but i have no regrets how the president handled that situation. stuart: got it. mick mulvaney. appreciate it. >> thank you, stuart. stuart: have we got a development on news pending on oracle? susan: oracle confirmed the statements they are part of this proposal submitted by bytedance to the treasury department over the weekend, oracle along with
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two venture-capital firms, see quite yaw, general atlantic is part of a bid to take a minority stake in ticktock and be the technology partner. we don't have a price tag yet. oracle still halted for a pending trade. stuart: i see microsoft is way up, about three dollars higher. it opened lower this morning. now it moved higher. is there any chance that microsoft could get any tiny piece of tiktok. susan: this is not a done deal. stuart: thank you. susan: this is accepted this is a proposal. the treasury is looking through it. that has been confirmed for this week. now we heard treasury secretary steve mnuchin, he and cfius which oversees all these outside, across-border transactions we'll look at this deal because this is not exactly a out right sale that president trump wanted. that these algorithms do not come with the deal. the main part of this, what they want to satisfy is data security. oracle and the rest of the group in this bid say they have
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secured that for the u.s. is this good enough for mnuchin and the white house? i think that's still on the table. that's why the stocks are trading the way they are. stuart: oracle still halted. got that. check the cloud names, primarily amazon and mike so. they're now pitching cloud as the way to buy startups. susan: right this is part of the oracle bid as well for ticktock. look, come on to our cloud services. we'll be the exclusive partner. oracle by the way, this is good for them because they are trying to play catchup to amazon and microsoft when it comes to cloud. one way that amazon and microsoft have been pitching acquisitions and startups is the big cloud ecosystem. if you let us buy you, or take a stake in your company we will sell your services our other big cloud customers. amazon is the biggest with nearly half of the market. they have been leveraging the community pitch more than three years. it has been helping them. microsoft is playing catchup.
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they have 18% of the cloudmarkket. still behind. faster growing with azure. they recently won the lucrative 10 billion-dollar pentagon contract from the department of defense. we know this competitiveness is heating up, right? stuart: cloud, cloud, you have to be in there. susan: you know what the cloud does? stuart: back office to the world. does that work? susan: to any device. stuart: next, mike bloomberg spending $100 million in florida alone to help joe biden beat donald trump. former florida attorney general pam bondi will be here to cover that for us. nfl viewership declining. ratings for the season opener down 12% from the season opener last year. is politics to blame? i will ask nfl hall-of-famer darrell green. ask on the show. president trump meeting with gavin newsom as wildfires continue in the west. newsom is blaming climate change. we'll deal with that next.
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stuart: yeah. let me confirm for you this monday morning that is a rally. big time gains. the dow is up 360. the nasdaq is up 2.25%. 250 points. and the s&p, up 56 points. that, ladies and gentlemen, is a solid rally. elsewhere, the manhunt underway for a suspect to ambushed two l.a. county deputies. the good news both officers are in stable condition. the president says justice should be swift. roll tape. president trump: when you see a scene like happened just last night in california with the two police people, a woman, a man,
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shot at stone cold short-range, right through a window. we're looking for him. we're looking for that person, him, we think. and when we find that person, we've got to get much faster with our courts and we got to get much tougher with our sentencing. stuart: well, protesters gathered outside of the hospital where the deputies were being treated. they shouted expletives. one man yelled, "y'all going to die one by one." oh dear. the voice of reason from california, larry elder joins us now. larry, that was a shocking ambush and a shocking demonstrations from the so-called protesters. what is your take here? what is going on? >> certainly was and stuart, let's not also forget the gentleman who filmed this ambush, it was about a minute and 15 seconds long and so you can see it on youtube where he was gleefully, almost like a home baseball announcer giving
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play-by-play and home team hit a home run. he was ecstatic about the fact that these officers were shot point-blank as you pointed out ambush style. it is very difficult to disconnect the anticop rhetoric with what happened. latter part of barack obama's term, two officers out your way ambushed style sitting in their car. three officers in baton rouge killed ambush style. five in dallas, killed ambush style. all posted on social media and told friends, they believed fake narrative police were mowing down black people because they were black. it's a fake narrative. the more cops killed last year, 49, than unarmed black men, 25 killed by the police. where is black lives matter on cops who were killed ambush style? outrageous, absolutely outrageous. i absolutely understand donald trump's anger about this. stuart: what is the response, what's the feeling in the black community in los angeles?
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>> well, the polls show that the percentage of blacks who want the police staffing to remain the same or increase is identical to those whites who want police staffing to remain or be increased. the majority of people living in the black community are law-abiding, out of standing, tax paying hard-working people who want the police there i recall rapper tupac famously said blacks need police more nan anyone else because the crime element. i believe donald trump will get a far higher message of the black vote than i think the pundits are expecting. stuart: in your state in california, up and down the west coast, there are edge aing wildfires. the politicians in california and in oregon suggest it is all about climate change. where are you coming from? >> well, that is what they always say. outgoing governor jerry brown said that for seven 1/2 years until the latter part of his second term he was leaving he
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signed a couple of bills to ease the ability to thin the fallen trees providing this combustion for these fires. you can't do anything about the weather. you can't do anything about the drought. but you can do something about the fuel these fires are using. as donald trump once put it, clean your floors, clean your floors, clean your floors. that is not being done. stuart: so where do we stand in california right now? i mean the fires are not going away. there is an argument about climate change around the president will be meeting gavin newsom today. do you think we'll get a clash on climate change? >> you think? right now 30% of our energy has to come from so-called renewables which makes things far more expensive and resources are being diverted away from power plant line maintenance, left alone building nuclear power plants that could provide pollution-free source of energy n the next few years, 60% of our energy has to come from renewables whether or not they're cost effective or not.
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donald trump does not believe in climate change alarmism. i don't believe in climate change alarmism. goth gavin newsom does. hell yeah, there will be a clash of ideas. stuart: still time to move out of the golden state. you could easily do it. i will not press you on it. my basement is still empty. larry, thanks for joining us. see you soon. >> when i knock on the door and show up don't act like you don't know me. stuart: i promise. >> who is this guy? stuart: [laughter]. i know you. see you later, larry. thanks. change of subjects. let's go to the race for a vaccine. oxford and astrazeneca, oxford university and astrazeneca resumed their face three trials. the patient reported a side-effect. they're back on again. astrazeneca up 1% on that. pfizer ceo says their vaccine may be delivered by the end of the year.
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they already manufactured thousands of doses in preparation for approval. positive vaccine news, that is positive for the overall market. by the way the dow is up nearly 400. show me the movie theaters. dr. fauci says we can go back to the movies maskless once vaccine is around at least for a year. that seem as long time in the future for me. tough on the theaters. michigan, i'm sorry, meghan markle, i have a new eye, that let me down, pitching a new documentary to netflix. what is this about, lauren? lauren: it is politics and hollywood coming together in a huge way. so she is pitching a movie, a documentary, about one of the black lives matters cofounders to netflix. this is part of the deal she and harry have, the 150 million-dollar deal with netflix to create, you can call it woke content but inspiring family friendly content overall.
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the duchess of sussex would not play the blm founder, patrice colors, but would produce the documentary and tell the life story, founding of black lives matters back in 2013. stuart: that is 150 million-dollar contract with netflix? i didn't know it was that big. lauren: over five years. stuart: still a chunk of money. it is. thank you, lauren. viacom cbs nearing a deal to sell cnet to red ventures. go ahead. susan: okay. so this is part of the streaming wars. they're raising $500 million from the sale according to the journal. remember viacom paid 1.8 billion for cnet in 2018. i was talking to you about these astronomical funds to some lesser known dot-coms were fetching back then. viacom sold part of it as part of a package deal for $415 million. why are they doing this? raising cashing a you mentioned.
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saw netflix. they're spending $400 million a year on netflix. guess how much vie come cbs spending? stuart: how much. susan: pretty much the same. shari redstone said on all their platforms $13 billion. said that at the tech conference i attended. this is an arms race. tough raise cash to be competitive. the world is moving towards streaming. it is not just cnet they're unloading. they are selling off the manhattan headquarters. they needed cash. simon & schuster could be 1.2 billion. stuart: i understand it. they're selling a lot of cash to raise cash to put $13 billion a year into content and streaming services? susan: all platforms, all-access cbs. you name it. stuart: another victory for streaming. >> another victory for susan i would say. stuart: because, yeah, yeah. fair point. right. the cancel culture, free speech, the rise of socialism on college campuses. under the microscope in the new documentary, no safe spaces.
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stuart: it's a sea of green, ladies and gentlemen. we love it. nasdaq up 263 points. the dow jones average up 378. can you show me oracle? they have resumed trading. they were halted news pending. the deal was simply they confirmed that oracle is a part of the deal to get tiktok. they opened higher than they were before the halt. now they're up over 6%. 60 bucks a share at oracle. peloton, quite a prediction from their ceo. he says, they will have 100 million users within the next decade. well currently they have got one million users. so to get to 100 million in 10 years is a bit of a stretch. that is the way investors feel about it. the stock is down 4%. >> >> next, pa new york teacher
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under fire for handing out a cartoon to students. it wasn't just any old cartoon. lauren, tell me more. lauren: the cartoon compared cops to slave owners. if you look at the cartoon you can see a member the ku klux klan with his knee on the back of a black man. some parents at the westchester high school, they felt the handout on police officers. the teachers felt she was teaching about racial injustice which is important to students. an investigation is underway. by the same this same cartoon was given to a 8th grade class in texas. the governor of texas, governor abbott called on the teacher to be fired. we'll see how this one in new york shakes out this is heated topic, a issue that polarizesp teacher and parents. stuart: i don't think teachers should put out political cartoons in high school, period. especially something inflammatory as this as police officers are being shot and
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ambushed in our streets. that is out of bounds. that is my opinion. i don't know whether you share it or not, lauren. there you go. lauren: we don't know, we don't know what the teacher said, how he said it, the context how he was teaching it. if he was really discussing the cartoon and how it could be interpreted, we don't know. that is why an investigation is underway. i can guarranty you anytime you bring something like racial injustice or even politics into a classroom, you know it is going to be heated because the kids and parents have a lot to say. stuart: yes, it is. maybe you shouldn't do it. thank you very much, lauren. this subject is not anything new to prageru founder, dennis prager. he created a film exposing the politically correct world in our schools. it is called, "no safe spaces." >> you have the right to remain silent. anything you say will be used against you. >> you are not listening. >> i want your job to be taken from you.
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>> the protest has turned violent in california berkeley. >> this is why we're fighting for the soul of america. stuart: all right. dennis prager, fortunately is our guest this morning. he is with me now on the show. dennis, i'm trying to summarize the premise for this movie. your premise seems to be, look, the socialist, the politically correct people, have completely taken over our colleges. is that what you're talking about? >> yes. talking about that and the larger issue of free speech. this is the first time in american history, think about it, we have had all sorts of threats in our inner life in the united states but this is a first. if there is one thing americans did agree on, whether they were liberal or conservative, atheists or religious, it was free speech. that is no longer the case. every dictatorship begins with the suppression of free speech.
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this is a frightening moment in american life and it all began at the university. that is where we show others, where we shed the spotlight in this movie which i might add, bill, i'm in it with adam corolla. i'm not the reason it is a great film. i happen to be lucky in a great film. the film is great. despite me, if you will. stuart: dennis, i think i saw in the brief clip did i see mario savio and berkeley free speech movement? >> you did. stuart: i find that so ironic. berkeley starting a free speech movement, that is back then, 50 odd years ago, look at them now. what an extraordinary turnaround. >> well, i'm not sure it is that ironic. the left, in the history of the world from marx, to lenin,
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american left, as opposed to liberals, i always make that distinction. liberals are naive but liberals are not leftists. they support leftists which is the reason for the cries is in america. if liberals understood the difference between liberalism and leftism, like free speech, liberals believe in free speech. the left has never, there is no exception to that rule, anywhere, the left takes over, free speech ends, the university is placed number one but never the last place. that is why this film, no safe spaces is so important. stuart: how do i get it? i know you start september 15th tomorrow, you're streaming it, what is it 1999 a pop? how do i get it? >> go to nosafespaces.com. stuart: that's in. i think you're a great guy. i think i will watch. i will give you my 20 bucks. what a guy. >> wow. i will tell my wife.
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stuart: i'm with you though, free speech is the most important issue facing our society today. dennis prager, honored to have you on the show. see you again soon. take a look at hotels because ashley is going to tell us how hotels are using, are using their space for remote learning. how does it work? ashley: it is interesting. you have vacations. you have staycations. so how about schoolcations? i know it's a stretch. with so many children taking classes remotely, struggling holiday resorts see it as an opportunity to basically drum up business. affordable vacations for the families that led kids attend schools at the resort of and have fund. hotels in new mexico are jumping on the trend with distance learning vacations to private tutors toe dedicated education space to tech support.
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in mexico, the four season, nannies have become study buddies that sit in on virtual classes. my personal favorite, poolside cabanas turned into work and schooling stations, complete with wi-fi and tv monitor. the after-school program consists of outdoor activities around the resort. so the key question, how much? well, about a week's worth of remote learning for the kids in mexico, at that four seasons starts at about 625 bucks a week. they also by the way, throw in a so-called screen doctor who cleans the guests laptops and ipads and provides lap pads for guests who want to learn the poolside classes. the tutoring prices we have to point out, stu, are on top of what you would normally pay for your air fare and your room at the resort but because so few people are traveling these days you can get some very, very cheap package deals. now little tommy and little jane
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can do their school work as well, while enjoying the resort. so it could catch on. stuart: so long as you got the money. poor people are left out of it. that is the case. left out. left this absolute mess. what a tragedy it is. it is a good story, ash. thanks very much. president trump is courting latino voters during his swing in western states. he is holding latinos for trump round tails. how is he doing with them? we'll show you the polls. mike bloomberg spending at least $100 million alone in florida to help joe biden. my, the democrats must be worried. ♪
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hold on one second... sure. okay... okay! safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! he's here. he's right here. - hi! - hi. hey! - that's totally him. - it's him! that's totally the guy. safe drivers do save 40%. click or call for a quote today. stuart: well, well, well, it's a monday morning and we rather like what we see. the dow is up 350. the nasdaq is up 230. i would call that a rally. now, look at this.
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beyond meat up 6%. that is a nice healthy gain for i don't understand meat. lauren, what's going on? lauren: they're selling a new product this week. beyond meat meatballs. you can buy them at whole foods, kroger, wherever, like i said this week but it is their third new product launched this year. if you look at the shares this year they're up more than 80%. all those faux meat options are great for the stock. they're selling in china, impossible foods, their rival, which is a private company, favsed some roadblocks. beyond meat, winner today, winner this year. stuart: based on meatballs this year. lauren: meatless meatballs. all right. stuart: a, really big deal. it is meant to be somewhat similar to china's singles' day. and it is all designed, well it's a brand new shopping holiday. we have the senior vice president of visa in
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north america. mike, we're talking here about october the 10th, 10/10, as a new on line shopping holiday. this your idea? >> it is not visa's idea but i like the idea. i mean anything that can help stimulate our economy and get things going. visa is readily here, willing and able to help. stuart: do you think it could be a really big deal? >> look, i think that anything we can do to help stimulate the economy in areas. it is proven in china. they have gotten to work with singles' day. you know this is something that i assume that, you know, sommer chant groups are working on. visa hasn't been directly involved in this. we're they're to support merchants as we go. i would be excited to see how it goes. stuart: let me ask you this. i'm hearing about contactless payment methods. if i swipe my phone to pay for something, am i opening myself up to fraud? >> well i think in particular, when you're swiping your phone
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there is authentication mechanism that is set within your phone to actually open up the token which is in there, in those instances you're certainly protected through that authentication you're doing yourself. you know, we've been, you know, a big supporter of contactless. consumers really like it. merchants really like it. it continues to grow in europe. it has been around for a while. and it is starting to happen here in the u.s. as well. stuart: i'm hearing a lot of fraud with the emergency unemployment payments, do you know anything about that? >> well, certainly we certainly seen some of that happening. you know, as the more and more people applied for unemployment insurance we started to see more and more transactions come across our network that looked very fraudulent. we started to notify the different authorities, work with financial institutions. visa needs to make sure consumers are safe. that is our brand promise. stuart: got it. thank you very much indeed, mike.
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talk to you again later. thank you very much. >> thank you, stuart. stuart: i have a report from adobe about on-line shopping. i take it that online shop something doing very, very well. lauren, how well is it doing? lauren: $63 billion spent online last month. that is up 42% from last august, but the rate is slowing down. so why is the rate slowing down from almost 80% of of the pandemic to 60% in july. because the stores are open. we feel more comfortable about the stores being open. that is good for fedex, ups, and they have to ship everything we order f they're struggling now, imagine what it will be like crunch time right before christmas. stuart: just imagine. just imagine. i got it. let me go back to the market overall for a second though because, look, we're doing very well this monday morning. it has been a couple of rough weeks. there have been extreme
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volatility. we've explained it with options trading, that has got something to do with it. the little guy in the market going up and down. election risk that has to do with volatility. we're certainly seeing an upside movement today of significant proportions, up 1.25% on the dow. that is 28,000. we just crossed over into the 28,000 level. so what have you got here? susan: i'm think thinking we're coming off the worst week for the nasdaq since march. people say that is a lot of the speculative froth has been taken out of the market especially when it comes to the retail investors. we know a lot of them have gotten in april, march, because of stimulus checks, the unemployment benefits. as i mentioned to you, there is a lot of election uncertainty. people are hedging into the vote. people are buyingdown markets won't fall into december. who knows how long it will take to get an election result. stuart: great rebound for the nasdaq up 225 points as we
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speak. would i take that as a rebound for big tech. if we get the big tech stocks up -- susan: absolutely. stuart: all of them are doing extremely well so far. susan: yeah. stuart: microsoft up about four bucks. susan: it is. up four bucks despite the fact they may have lost the tiktok bid to oracle and other venture capital groups. it is not over. you heard treasury secretary steve mnuchin say today the deadline is september 20th. he made that very clear. not just the 15th. you still have a few days if they review the tiktok, oracle bid. if it is not good enough, it doesn't mean that walmart and microsoft can't step up with something else. stuart: interesting. that is why microsoft is up nice and sharp as of today. thanks very much. los angeles mayor eric garcetti, he is taking aim at president trump. he blames climate change for the fires in california. watch this. >> this is climate change. this did an administration that put its head in the sand. this is not just about forest management or raking. anybody who lives here in
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california is insulted by that quite frankly. stuart: steve hilton, he lives in california. he can smell the smoke in california. he is on the show. climate change, california? we'll discuss. new york city restaurant owners want to open up and they're taking action. they're actually as of now marching on city hall. i call this a revolt against new york's mayor. we have one of the restaurateurs demanding more change. he is on the show next. ♪ ♪ limu emu & doug you know limu, after all these years it's the ones that got away that haunt me the most. [ squawks ] 'cause you're not like everybody else. that's why liberty mutual customizes your car insurance, so you only pay for what you need. what? oh, i said... uh, this is my floor. nooo! only pay for what you need.
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stuart: monday morning rally, don't you love it? the dow is up 370 right now. that is 1.3%. the nasdaq is up over 2%. i will call that a rally. a nice gain for the s&p as well, up 1.6%. plenty of green today. there is a demonstration taking place right now in manhattan. new york city restaurant people want to make some money. they really opposed to all the restrictions that have been placed upon them. i think it's a revolt. that's my opinion. with us now is new york city strawn ture mark fox, who owns four restaurants in the city. mark, i call this a revolt. that demonstration, that desire,
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let's open up, let's do some business, i think you guys are in revolt against the mayor of new york city. a i going too far? >> i don't think so. i think we've been very patient. we've been closed six months tomorrow to the day. we have adhered to every guideline, every amendment, every compliance order that was made and we avail of the ppp, which was a fantastic program when it was introduced but it was introduced to solve a six week to eight week problem, not a six-month problem. here we are now at the end of six months, our ppp funds have been used up. the mayor at the end of it tells us that we're going to have 25% dining at the end of september. now, the mayor ran on a platform of "a tale of two cities" and championed himself on being against the 1%. what i say to the mayor today is, this is his opportunity to
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prove himself. the 1% might dine in new york city restaurants but they certainly don't work in them. there are 300,000 restaurant workers, were supported by the industry pre-pandemic. half of these work right now. those will be devastatingly less in six to eight weeks. this is real little and way too late. stuart: mark, i see in some parts of the country there is a movement on the part of bar owners, restaurant owners, open it up, take the consequences, everybody do it at the same time, defy the authorities. any movement towards that here in new york? >> you know, listen we've definitely tossed it around, stuart. we also want to be, you know, cognizant of customers and staff that we do care about them.
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we don't want to be complicit making anybody sick. look at rest of new york state they opened with 50% of dining first week in june. they have had outdoor dining all summer. east end of long island has been packed under the spike, we've been left to languish. stuart: i'm terribly sorry, i have to jump in, i'm running out of time. thanks for being on the show today. we'll follow your progress through the demonstrations. all good, thank you, sir. got it. big show ahead. jim jordan is on with us shortly. steve hilton on california. and former florida attorney general pam bondi on the battle for latino voters in florida. plus you will have my take on the democrats turning their back on working americans. how about that? third hour of "varney" after this introducing stocks by the slice from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity.
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stuart: 11:00 o'clock in new york city, the markets are in a nice tear, the dow was up 330, the nasdaq is up to 50, "s&p as well, this is a big day for oracle, they beat not microsoft in the bid to buy parts of tiktok, not exactly a done deal but oracle is a 5% at 59 bucks a share, now this. speaker pelosi and senator schumer have said no to the republicans truly and all her virus aid package, no to $300 a
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week on appointment pay, that would've been paid all the way through christmas, no to an extra $105 billion to help schools reopen, no to any liability protection for businesses trying to get their employees back to work, no, no, no. tough to get your arms around this, the party of working people has just rejected more government help working people. it seems a betrayal of the democratic traditional role, the speaker and the senator wanted $3 trillion worth of help and when they cannot get it they said no to a mere trillion, they can't get it all, you get nothing. what a message. what the democrats really want deep down, what they really want is a bailout for high tax democrats states like new york, new jersey, california, illinois, all the states have gigantic government worker pension bills which they cannot pay, speaker pelosi from
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california and senator schumer from new york won the rest of the country to bail them out. they want to change the tax law to protect the wealthy donors who live in new york, new jersey and illinois, see where were going with this, they are saying if you don't help rich democrats, we won't let you help working families. what attorney, and my mere half century in america i've seen the republicans transform from the country club party to the strivers and up and comers party, the democrats, the party of the elites, masquerading as the party of the workers, look for the ideal person to commentate, and a muscular fashion, jim jordan republican from ohio, where are we going wrong here? i think there has been a role reversal of the political parties. >> somebody said were no longer the wine and cheese were the beer and bluejeans, the
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democrats are saying they're going to take the football and go home if you don't do it their way and your so what right, they want to bailout the state to have big financial problems and big debt problems and they don't want to help families or small business owner which is what the republican package would do. i don't think it's lost on american, you think about what the comeback is happening with under president trump the great american comeback, that is in spite of the fact that new york, michigan, illinois, new jersey and california some of the biggest states are still largely locked down imagine if those governors let people go back to work, how strong the recovery would be in help the very families that you are talking about. stuart: i think there's a revolt going on right now, demonstration lower manhattan, the restaurant people, let's open up don't ruin us. >> i think a revolt is beginning and i see a real trend to let's get back to work. >> you can feel it. that was in pennsylvania, ohio, wisconsin in the last week and
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half, each of the state you can feel people are let's get back to work and you can feel the energy for president trump as well but let's get back to work in the great american economy training at full speed again. stuart: what you make of the dreadful shootings in los angeles and the people of the hospital shouting hope they all die, how did we get to this position in may i make a further point, i think it hails president trump what do you say. >> when we get to this point where democrat leaders don't hold people accountable. would have a district attorney won't prosecute people for writing, looting, arson, when they won't do that hold people accountable, go back seven weeks ago, bill barr the attorney general of the united states is in the judiciary committee hearing room and he poses the question to jerry nadler in the democrats, simple question why won't you denounce the mob, why won't you speak out against the violence, silence from the
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democrats, that's why we have this, you have to step up and hold people accountable when they do the crazy things we've been witnessing in the great american cities around the country or in portland's case now for over 100 days, this is what happens, to make it worse, to make it worse they won't announce the mob, they want to defend the police then what happens, the terrible thing happens, joe biden goes out and says now we have to take firearms away from law-abiding americans, this is crazy, this is insanity. i think the american people see it, let's pray for the officers who were viciously attacked and let's hope they pull through them and their families let's pray for all of them. the american people see how long this is and they see it's because nobody's been held to account when they do wrong. stuart: after the shootings all we got from joe biden was a couple of tweets condemning violence, the president was out and about on a campaign swing, do you think that is enough to flush joe biden out of his
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basement? >> who knows, joe biden, this president has balance energy and he's fighting for their maker people every single day, i don't know what joe biden is doing with his campaign, he needs a teleprompter for every time he speaks it seems. what i know i think the american people understand where we are economically prior to the coronavirus, taxes, regulation readers, struggles the economy in history and lois on appointment all demographics across the population, i think america will see that to the comeback happening and they know it these governors and democrat governors will open up their states this amazing comeback will be taken off even more, i think they see that and understand that this president supports our law enforcement, he understands what the individuals have put on the uniform every day and what they mean for our communities and country and unfortunately democrats don't, that will be a big issue as we move to the next 50 days. stuart: we asked for a muscular response and we got it. thank you for joining us free thank you a quick check of a couple of stocks, nikola electric vehicle maker fighting
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against claims of fraud, they see the ceo trevor milton made false claims about the company's technology to gain traction, nikola denies the claims in this morning it's up 7% at $34 a share, it's been all over the place, back to oracle, just secure the partnership with tiktok in the u.s. over microsoft, do we know what is in the deal. susan: it wont include the valuable algorithms because the tech partnership and we know microsoft said the microsoft deal was off the table because the invaluable algorithms are not included. the treasury says they will redo the deal this week according to secretary mnuchin, that's a september 20 hard deadline, let's say they don't like oracle and venture cap tiktok deal, there might be an opening for walmart and microsoft will put something altogether and something on the table. stuart: those two stocks are up
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walmart and microsoft. susan: we don't know what the price tag is, the clarity, what does this cut for the u.s. treasury, we know president trump says he wants any cut of the deal, it's not an outright sale, detect partnership with the minority stake by oracle in the group, is this good enough to get over the white house hurdle and data security according to oracle and larry ellison, they say yes but is somebody taking i say larry ellison and of oracle. and if there was of it in the can convince a president to say yes it would be those that have held fundraisers for the reelection campaign earlier this year. stuart: look at the screen microsoft up before.under box, see facebook up 3%, to 75, i don't know where the news is. susan: up the highs, facebook finished about $300 a few weeks ago in august, here's a stat and
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tell me for find interesting, this is a retail trader getting into the market, april 55% of people said they own stock either directly or through mutual funds. stuart: only 55%. susan: before 2008 was averaging above 60%, unless people on the market than they used to and that's because they were hurt badly in the financial crisis so there's still a lot of retail money, mom and pop money that could go into the market especially the interest rates closer to 0%, this rally may not be done. stuart: at that point i did not know that that more individuals own stock predefined crash and then now, i did not know that i thought it would be exactly the other way around. susan: so much money have been printed and people have been looking at the gains and thinking of missing out. stuart: also, you can trade for free. stuart: you can trade for free and gone robin hood and by fractions of shares 20 bucks or 40 bucks. i thought that would make a difference in the number of
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people who own stocks. susan: people have been hurt and they brought memories of 2008. stuart: thank you very much. a delivery drone battle between amazon and walmart. ash, walmart got a big-league up did they, win and what's the big-league up. ashley: they say walmart says it's teaming up with zip line, that the company that is better known for the medical drone operation and they were reportedly focusing on delivery health and wellness in the u.s. and the plan calls for the delivery of general merchandise down in the future into a deal that was also made last week announced by walmart running a pilot project for delivery grocery and household products for automated drones through the delivery firm fly tracks, walmart going in on drone delivery, meantime we should mention the amazon got the
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approval from the faa for the primary delivery drones, the battle is really on, by the way we should mention tomorrow walmart begins walmart plus program in answer to amazon prime, $98 a year, you can join walmart plus you get same-day delivery and groceries, general merchandise, discounts on fuel, walmart gas station, early access to product deals and so on and so on, this is the passion of the tigers. stuart: i'm waiting for the drone delivery out at my farm at upstate new york. i really want to see that. just don't hold your breath. put the airlines on the screen, we have new numbers from the tsa, lauren you have the story, do you have the numbers. lauren: 809,000, 850 people went through the checkpoints on sunday but story that is down from about 200 half-million
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people this time last year, the travel industry has a ways to go. stuart: what you have on delta. lauren: they are looking to raise six and a half billion dollars, how are they going to do that they're getting user frequent flyer program, skymiles as backing for new loans, there the last of the three big legacy carriers to do it like that, another round in government government stimulus, travel demand is stalled and they have 40% of their fleet parks, there are burning through $27 million a day, winter is coming up, people tend to get more sick in the winter, it is not looking so good so they need more money to stay operational. stuart: they would rather get it privately then go to the government for the money because the government pulls the strings, they go privately. low interest. in a fog picked up opening weekend with justice messages on the field, the former quarterback colin kaepernick calls a propaganda, what do fans
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think about all the politics and sports. we have a good show for you, we will discuss that. the mayor of los angeles same and the president for the wildfires, rotate. >> this is climate change and this is an administration that's put his head in the sand. stuart: president trump in california governor gavin newsom shorshared a clash over the deb, they will meet today in steve hilton is here to comment. former new york city mayor mike bloomberg will send $100 million just in florida to help joe biden when the state, what a story coming up for you. ♪ were gonna rock ♪ this town ♪ rocket inside out ♪ rock this town ♪ make them scream and shout ♪ ♪
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stuart: mike bloomberg is fetching $100 million to help joe biden when in florida. he will spend 100 million just in florida, as you can see from the polls real tight 48 biden and 47 mr. trump, florida attorney general in our culture of the trump campaign women for trump movement. $100 million, that is in a enormous amount of money from one donor to one state, what do you say? >> i think they are very nervous, that shows without florida you cannot win this country, you're the billionaire, rich guy coming in trying to airdrop $100 million into my state and i think floridians are a lot smarter than that and see through that. what we have are thousands of on the ground supporters, all over florida, the campaign has
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knocked on over 1.5 million doors, called more than 15.5 million people, that is not happening the biden campaign, they may have a lot of money but we have people, it's truly remarkable when you see president trump, this is his home state, look at the boat parades happening around my great state, it's like nothing i've ever seen before in my lifetime, people coming out by the thousands to support the president, does bloomberg think he can by our state, not in a million years. stuart: he tried to buy the election a few months ago. sarcasm, it's a low form but i use it occasionally. the president is going to be in phoenix and has a roundtable discussion with latinos, he's going right after the latino vote, i think he's got the latino vote in miami but i'm not so sure he is the latino vote in orlando, what do you say to that.
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>> i think people are going to be very surprised, i am thrilled the president is in arizona today and next week in florida will have the women for trump bus all over in this day in south florida and we have the red bus, the trump team bus will be all over florida to with great people on the buses, i think people will be very surprised, latinos share the president's philosophy, our philosophy, the republican philosophy, they share the same value in the boat will be closer than it's ever been in my state and if you remember you know better than anyone hispanic unemployment was at all-time low before the pandemic hit, people get that and care about the same values in the safety of their neighborhoods, so the kids can go to school the safe manner and they can go back to work in the unemployment at all-time low for hispanics was a major thing in president trump did it once and needs only one that can do it again and not a guy hiding in his basement and dropping money.
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stuart: i'm told joe biden was planning to go to orlando florida or that area and hold a real life rally. he is coming. >> he is coming, let's see how his rally goes compared to the one president trump just had in nevada, i think everyone's all that that was a small airfield not in reno or vegas but a really small airfield and over 20000 people showed up just to get a glimpse of our president, i don't think joe biden could get those numbers anywhere in this country. stuart: only time will tell, not what you're supposed to say in the news business but that's what i'm saying now, pam bondi thank you fo. pennsylvania battleground state early voting kicks off today. hillary vaughn is in pittsburgh, i have a question for you in my
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right in saying that fracking is on the ballot in pennsylvania, is that correct. >> it is imparted that is because there's over half a million swing voters in the keystone state who has jobs that are tied to fracking and that might explain why democratic nominee joe biden clarified his position on fracking saying he's not against hydraulic fracking but would not be in it and that does not mean he wants to flip the switch on fossil fuels like oil and natural gas, part of biden's clean clean energy would eliminate 30 in the next decade and a half so you while he's not outright banning fracking, he plans to put oil and natural gas wells out of commission and biden beds his aggressive energy agenda would create a quarter of a million new jobs for people who would get paid to plug up abandoned oil and gas wells, we talked to a biden supporter whose home is surrounded by fracking sites and she does
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support moving away from fossil fuel because she does not think the industry has brought that many jobs here to pennsylvania instead bringing people outside the state to fulfill a higher paid position that the industry provides as fracking but it's really not big corporations that are benefiting with a wealth of natural gas underneath pennsylvania soil, we talked to one farmer who has a well on her farm she grow soybeans, corn and has a well, or one well in the past 18 months generated enough energy to power 150,000 homes. stuart: that is not bad at all, 150,000 homes for one well. we will take that. thank you very much indeed, i will run through individual stocks which are in the news and moving and i will start with facebook, their recruiting users to work and local polling places, that is not what is moving the stock which is way up this morning, up eight bucks a
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share, facebook is doing well but nothing to do with using workers for polling station, mark zuckerberg says all of this, the intent to use workers as polling stations is a part of their effort to register 4 million people to vote, amazon said to hire 100,000 workers in the u.s. and canada with full and part-time positions, the starting pay 15 bucks an hour, amazon $3167 per share. next locked down winners on this program, lauren you've got some winners that turned into losers, tell us which ones. lauren: these are the names that have doubled and tripled their stock prices this year, in the past month you can call them losers, it does not mean investors have divorced them entirely, they're taking a breather, if you look at the evaluation there in the nosebleed section, let's look at
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the one-month performance for the following names, if you look at lululemon, it's down 11% this month, 16% counting today's decline, slack is down 22% and the list goes on, investors taking some of the gains that they've seen in considering the fact that we get an objec effece vaccine and that returns to normal to the office, the gym, the work and it might be sooner than we anticipated. stuart: maybe, maybe, maybe not entirely sure, it's just reported that amazon is going to hire an extra bowl and part-timers. >> they hired 170,000 during the lockdown in march and april for their fulfillment centers, then the upcoming job fair on wednesday when they're looking to hire 33000 in just a few weeks ago the announcer adding a 10000 extra job so washington
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state bellevue headquarters, the lockdown winner, amazon and are hiring more people. stuart: $15 an hour minimum whether your full-time or part-time and to get benefits of your full-time. susan: that's just the fulfillment, headquarters pays six figures. stuart: they sure do. hurricane warnings as tropical storm sally strengthens and it's very slow moving, that is not good, will bring you up to speed with the latest, hotels reopening for tourists in san francisco but with raging wildfires and a huge homeless population, do people want to go to hotels in san francisco, a resident california expert steve hilton weighs in next ♪ ♪ this is decision tech. find a stock based on your interests or what's trending.
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safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! he's here. he's right here. - hi! - hi. hey! - that's totally him. - it's him! that's totally the guy. safe drivers do save 40%. click or call for a quote today. stuart: tropical storm sally gaining strength but at the same time slowing down, bad combo heading towards the gulf coast expected to make landfall as a hurricane tomorrow morning, ash what are they doing with the oil rigs and was a price of oil. ashley: they are shutting them down less than three weeks in hurricane laura came through, the story with this is going to be a disruption of all production, certainly for the second time in less than a month, however, that all said,
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normally as you would expect oil prices to rise significantly when we have a situation like this but with the coronavirus pandemic seen a resurgent, demand has dropped, we also heard it drop the global demand for oil projections for the rest of the year, in other words this comes at a time when global supply of oil is on the rise, when you put that together and oil bluff compensates for temporary shutdown in the gulf of mexico, let's not forget the u.s. world's biggest oil consumer and producer and opec meets on thursday to talk about more production cuts and nothing expected to happen there in the store may be a category one when it makes landfall the storm surge may be up to 11 feet, this can be catastrophic, the same area that got hit three weeks ago with hurricane laura. stuart: the price of oil is down
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because a glock is a clot is a watch. no way around it. 27 bucks a barrel. the wildfires in california, listen to who eric garcetti is blaming. rotate. >> this is climate change and this is an administration that put his head in the sand, this is not about forced management or raking, anybody who lives in california is insulted by that quite frankly. stuart: steve hilton joins us with "the next revolution" on fox news, mayor garcetti says president trump would help more of california was a red state, would you like to respond to that? >> i don't know where to start it is a pathetic weasel on both of these issues, let's start with the wildfires, of course climate change is happening but the immediate reason for the
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wildfires is the fact that we have up to 30 million acres of forest that should've been properly managed, that is from the governor brown regime that had a report on that and has not been done, fires needed fuel, yes we had a drought, the reason so many trees have died creating the fuel is because you've got too many trees in the first place, you look at a picture, a photo of yosemite area, 100 years ago and today there are many, many more trees now, they have not been taking care of it, that's why you got all the extra fuel for the fire, he is cynical about this because these going to shift the blame entity responsible why because actually if he did every single thing in the climate agenda and they talk about it would make absolutely no difference to the chance of having devastating fires this year, next year for the next 100 years, if you ask and want to stop the fire you have to deal with the forest properly and
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that's what they have not been doing. stuart: president trump is in california going there today, he's going to meet with governor newsom, governor newsom says it's all climate change, are we going to get a climate change clash today. >> as i said no denying the reality of climate change but it completely is irrelevant to the immediate talks of dealing with the fires, so they can have all the conversations they like about climate change but it's not good to make any difference of the chances having more fires this season next year or in the future, the responsible people here are the leadership of california, we had one party rule in california for years and years and there's no one else to blame except the people have been in charge and that's the democrats, president trump i'm sure will offer support, he helped with federal emergency support, that will continue, that is important, they actually want to solve the problem, you've got to manage the forest
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properly. stuart: bring us up to speed on the situation in san francisco, hotels they reopened to tourist today. but i gotta think with homelessness a real problem in san francisco and all the smoke that is in the air, i can imagine that many people will be queuing up in line lining up to get to the bay area. >> people are lining up to leave san francisco because it's such a disaster. the last story i saw in a hotel in san francisco hotel that are been set aside via the covid shelter and turned into a crack debt on the public sector watch, this is what's going on in san francisco, a shocking video shot last week on the day you had the terrible orange guys, the he's all over the city, someone driving down the main train station in downtown san francisco which is turned into a complete homeless city, young
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scholars on the street and smoke in the air and failure and incompetence everywhere again entirely the responsibly of the democrats who had sole control of that city in the state for years, there no one else to blame. stuart: tell it how it is, we will watch on tv, 9:00 o'clock sunday night, fox news, all good stuff. thank you. i want to take a look at big tech it is doing very well today, i would call it a bounce back after a rough couple of weeks. were gonna go to the mall on the screen but susan. susan: nvidia was up 10% but on the s&p 500 adding to the gains the 40 billion-dollar purchase of arm holding, 90% of smart phones used on the planet and you be using nvidia whether it's gaming or on your phone, this is a big deal, as part of the momentum that is going to
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recover after the worst week we've seen on the nasdaq since march, i want to highlight the zoom of the world, the tesla, the facebook and apple we have some callous events this month versus apple has a launch event tomorrow which will likely unveil a new ipad and apple watch, battery day for test on september 22 which will likely show up advanced battery tech want to highlight the note that i got from one of the top tech analyst in the market right now, on the 22nd coming keep comparing it to the 2000, a lot of people do whether it's too frothy, whether he goes through the analysis, if you look at the average run for tech stocks you have 288% gain in the final year of the bubble and over the seven year average heading into this year, he only up 23%, much more subdued and less expensive to engage in by price to earning future profit, back in its 53
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times that you are paying and right now you're only paying 34 times and there's a lot of money on the sidelines, i keep telling you that, for a half trillion dollars in money market fund on the sideline. stuart: it sounds bullish to me, the markets are trading off of it. a new poll shows voters classifying black lives matter demonstration as riots, not protest. how does fox nation laura logan see it, we will ask her coming up on the show shortly. the first ratings taking 13% of the football season kicked off, that was a first day, is this because politics is now deeply intertwined in football. ls pro football hall of famer. he joins me after this break. ♪ i'm dynamite ♪ and when the fight ♪ ♪
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and then found the home of my dreams. but my home of my dreams needed some work sofi was the first lender that even offered a personal loan. i didn't even know that was an option. the personal loan let us renovate our single family house into a multi-unit home. and i get to live in this beautiful house with this beautiful kitchen and it's all thanks to sofi. stuart: fox business building, new york city bill de blasio is
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reinventing the macy's thanksgiving day parade, he says it'll be virtual this year, we are told that more details will come out later, we don't want virtual macy's date thanksgiving parade will actually look like but it will be on tv and they will have details later on, sixth avenue, new york city, that is not where the thanksgiving day parade goes down, they get one street over fifth avenue. the nfl launching brand-new social justice initiatives as a season kicked off, former quarterly nin 49ers calling cabt says the league does not care about black lives. now ratings actually plunged about 12% from last year's season opener. there you have it, joining me now is dow green, pro football hall of famer and he joins us as morning. do you think politics is at
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least in part to blame for the reading shop? >> unfortunate politics is involved in everything in our society, i'm not that wise enough to understand all the readings but unfortunately politics, when we say that word has a negative connotation and the reality is not, is a thought to get from point a to point b but when we take politics is sound like you're saying something bad but it isn't. stuart: i think everybody has the right to express themselves, there is no question about it, this is the united states of america, we do not hold people back but if you do express yourself in a sporting contest, you run the risk of people saying i don't want this, all i want is to see a good football game, that is the risk isn't it. stuart: let me just go back, i did not see anything that was on
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the field among the players, maybe you're seeing something i did not see but at the end of the day social justice is the whole idea of trying to fix something that was in just so you would think society would've already been surprised to that, i'm not against guys standing up to social justice, but it has to be done in the right way because were in a different era and a different time. i'm not against what the nfl is doing, i think the nfl is opening their doors and you mention colin kaepernick, their apologizing, i think we need to be on the positive side and say we are getting better. stuart: i'm going to take a hat off to fox sports because they gain that i saw, i watched the brady gain and i thought it was really well done, lots of tight
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shots at the players in the action, it did not matter that you did not have a crowd in the noise piped in but it look like a dynamic sports presentation, is that they did a very good job of it, what was your reaction ? >> i did to the team at the washington team watched in other teams, i have no problem with that, that what they're doing and with society in the covid virus this is the do normal for now and everybody's doing the best they could do, you're doing the best you could do, you're talking to me on an ipad. , this is a new world for now, hopefully for now. speaking of that the teams have done well in terms of taking care of themselves and even my team, they are using the product that i'm involved in and helps you wipe the virus out, it's a
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lot that everybody's dealing with and a lot that people face. stuart: last question, if you don't mind were you pleased to see tom brady lose ? >> i was 43 when i retired and he was 42 - 43 so i feel bad, not so much losing or winning but that is not new england, that's a big deal for me. stuart: darrell you are all right, stand up guy, think of her being on the show. with the return of football, sports betting, that is doing well. tell me about penn national gaming. ashley: relieved that there is sports back on, there is a casino stock but remarkably it's up 131% despite falling sharply
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earlier in the year with the gambling stocks that the pandemic took hold, we know that and will get to the sports gambling because the virus forced him and it's paying off is shifted to online products because you were actually coming to the casino because it partnered with sports to expand into online sports betting, you can see the stock is up more than 2% today. making that move, got a lot of positive feedback on wall street giving some upgrade along the te way rosenblatt them security initiated the stock with a buy rating and $80 per share price target. in a year is clearly been very, very challenging especially for the gambling stocks, there is a light at the end of the tunnel and penn among others, droppings
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down but overall not a bad recovery when you look at what was going on in april and may. stuart: we gotta get him back on the show, that might be interesting. thank you. my next guest says socialism is creeping into cities across the country, watch this. >> president nicolas maduro is considered one of the most repressive rulers on earth. yet he celebrated by the far left in this country, including the founders of black lives matter. >> laura logan joins us shortly. ♪
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stuart: and new fox poll shows more voters see black lives matter demonstrations as riots rather than protests. lara logan is here fox nation host. laura, let me talk to first about the horrific shootings in los angeles. in the dreadful demonstration of the emergency room, i hope you all die. put this into context for us, what do you make of it.
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>> very few significant indicators which is first of all the protesters who went to the hospital seem to know exactly where they were going very quickly, usually when there's an incident like this there is a period of time for instance people would know about it. and they were there before the ambulance got there, with that indicating is planning and more than small groups of people know about it and it's also an escalation into the tactics that they have been using because these riots are designed to instigate and they want the police to react and create a mass t-uppercase-letter incident in the propaganda, it's the same thing here, these are the politics of division, not the politics of uniting the country people coming together and moving on together, the real question if your escalating your tactics in your strategy to
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civil unrest as a strategy and these assassinations are the tactics, yet a bunch of antifa portland clash, next week and had an assassination where one person was actually killed in a planned operation, that was designed to escalate, and i have a hit on policing train station where there's tons of surveillance and it's been watched in real time and they know they're going to be caught and then you have a catchphrase that is designed to spread fear to to raise the american people and these are insurgent style tactics that people used to project power so they seem more powerful than they really are. stuart: you have a new show on fox nation out today, lara logan has no agenda, socialist invasion, i'm sorry i've run out of time, but i'm pretty sure what is going on with black lives matter has something to do with socialism and the invasion and i watched the show to find
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out. i'm sorry so short but please come again, i love the subject matter and will see you again real soon, lara logan, more varney after this. in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. everything we have, we've earned. the unmistakable lexus is. get zero percent financing on the 2020 is 300. experience amazing at your lexus dealer. . . . hi, i'm dorothy hamill.
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around the world bar none. better than intel, better than advanced micro devices. susan will tell me i'm wrong. susan: absolute right. you empower 90% of the world's smartphones. stuart: if you're doing that. my time is up, i see a man, david asman. david: i guess you're proud of a getting a check mark from susan li. i'm david asman in for neil cavuto. meanwhile tiktok's parent bytedance is picking oracle over microsoft for its u.s. operations but one major roadblock still remains. we'll tell you about that. and it is still all about the jobs in the united states of america. the company
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