tv The Claman Countdown FOX Business April 15, 2022 3:00pm-4:00pm EDT
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overcome all kinds of opposition. people who have tried to hurt him, who have doubted him and for years even tried to derail his company. instead, many of them are now driving teslas unless they were part of the folks who lost $40 billion shorting the stock in 2020. i think we're going to be okay, but the good news, you've got us to ten you out. -- help you out. i hand you over to the best -- liz: live. and so much news, right, charles? charles: always a, always. liz: i just got off the phone with one of the street's top analysts. he has just made a prediction on hold up twitter shares will open on monday morning in light of all the developments over the last few hours. we're about to tell you what dan eaves is predicting -- i'ves is predict -- ives is predicting. elon musk's $43 billion for the social media platform now they have a second bidder as twitter's board adopts a poison pill. charlie gasparino's hopping in
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the chair now with breaking developments. we're going to hear what with twitter insiders are saying about musk's motivations to take over the social media giant. the irs racking up record tax receipts as tax day is nearly here. the liberty taxi owe is joining us on how the disappearance of stimulus checks and wage gains we've seen recently are playing in as filers scramble to finish returns by monday night. the biggest desert music festival is back, but it's the metaverse drawing huge crowds as coachella makes its post-pandemic return. it opens up absolute land, yes, after the vodka. u.s. markets may be closed today for good friday, but unlike our competitors, we're alive and kicking with major news hitting the tape. we've got all the twitter news. bring on the corporate cyanide. breaking news, stunning developments in the elon musk
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battle to buy twitter have shareholders, employees and anybody following this dramatic story rivetted at this hour. first, in a major defensive move twitter has adopted a so-called poison pill to stymy the tesla ceo's $43 billion bid to take over the social media giant. and this afternoon reuters is reporting a second bidder has now gone so far as to contact twitter management about purchase fromming the company. to the poison pill. rumored yesterday, twitter has officially put one into place. now, in case you don't know what this is, and a lot of people don't so let's explain it, also called shareholder rights plans, make it extremely difficult for big shareholders like musk who two weeks ago revealed about a 9.2% stake in twitter, to increase his stake to 15% because if he hits 15% of the common shares, the poison pill bursts open allowing any ask and all that shareholders to
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purchase more twitter stock at a discount which, in turn, would dilute musk's stake. it does not prevent the company, though, from accepting another, better offer, and that's exactly what reuters is reporting the board might be about to get. according to sources, a private equity firm has contacted twitter to express interest this putting together an acquisition offer that would elon musk's. here to tackle the breaking developments, charlie gasparino and john. >> schwartz who yesterday spoke with twitter employees along with john gagly carty. but first, dan ives of web bush telling me moments ago that in light of the breaking developments, twitter's stock will open down at the opening belmond. web bush telling fox business, quote: it's a predictable, defensive measure for the board to go down that will not be viewed positively by
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shareholders given the potential dilution and acquisition-unfriendly move. the board hases the back against the wall, and musk and share holders would likely challenge the merits of the poison pill in the courts. this gives the twitter board some time to now run a strategic process, dan ives says, and find another buyer outside of musk which remains a challenge although private equity likely interested, which reuters reports it is. he finishes by saying we believe musk and his team expected this poker move which will be perceived as a sign of weakness, not strength, by the street. let's bring in charlie gasparino. charlie, what's the word on the street about all of these developments? >> this is a particularly horrible company for private ec by city, let's be real clear here. maybe toma bravo is going to prevail, and i could be completely wrong, but i spent the last two days talking to -- because we were first to report that this could start a bidding war, you know, because they'll
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obviously go out and look for -- they don't want to sell to elon. let's be real clear. he's culturally too much different than the board and the workers of twitter, and there's a whole political element here, as you know. you know, he's been attacking twitter as being restrictive of conservative and think aboutertarian speech, so there's a culture clash here. that's one story. i've been asking, who's the potential bidders, you know? i have a lot of sources in private equity. this is a bad, bad deal for private equity was private ifing with i think -- equity needs companies with cash flow. twitter does not have cash flow. [laughter] i think they have negative cash flow, to be honest with you. they have revenues, but they are a particularly bad company to take private because what you want with to do with a company that grows off cash flow and private equity, and private equity -- it's a good private equity target, you want to take the existing cash flow, you want to squeeze it down, pay off debt and resell it. that's not what twitter is.
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twitter is a work in progress. and, you know, it's a growth company. people buy based on future expectations. so it's not good for private equity. liz: what about the poison pill? >> it's interesting, but it's diluting current shareholderses, and here's the problem that they have. aye been covering twitter since the day it launched z, okay? they can't sell the company, everybody says it would be better off as something else. privacy equity -- private equity is tough for the reasons i laid out. big tech is tough because, guess what? the biden administration and the republicans don't want big tech to get any bigger, so it's an antitrust issue. then you've got to look for who would be able to buy it outside of that. salesforce said, no, its board didn't want any part of it. disney, again, culturally problematic. a lot of tough on twitter that disney does not like, it clashes with its brand, and i mean some of the trolling and the more obnoxious stuff.
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so who can buy this thing? and you know it needs to be sold. they're not going to -- they may never get another $60 bid again -- liz: after december toma had about $103 billion in assets. this is a private we can bity -- >> they have to raise money. liz: of course. >> again, it doesn't matter how much they have in as sents, it matters how you can sell the thing out of private, in a public market. and is the company a good target for private equity which, unless i'm missing something, and i spoke with the top people, it is not. it doesn't have enough cash flow. look at its balance sheet. so who is the best person to buy this? well, elon isn't a perfect person because he'd have to sell his tesla shares or borrow against it -- liz: and he's the key man at tesla which means that could negatively affect shares. >> that's a problem, no doubt about that. it's a taxable event if he pays cash, you know with, uses his tesla shares and cashes out.
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but, you know there aren't a lot of people worth $250 billion -- liz: could i just say, twitter's shares yesterday closed at $45.08. the annual high of $73.34 -- >> right. liz: -- hit back in july. shareholders are looking at this saying, well, wait a minute, we were at 73, he's underoffered -- >> but the market was highly, highly inflated back then. the fed was still cutting -- we were still printing money -- liz: of course. psychologically, they're looking at a 70 print and saying, wait a minute many, why is he only offering -- liz: they should be looking at the 45. by the way, this is a company, to be honest with you, that hasn't really gained in market share, market value since it became public. the best you're going to get, i think, is probably of 0 -- 60. say he comes back to them with 60. and make sure the check is real, obviously -- [laughter] is the board really going to say no in. liz: okay.
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charlie, thank you very much. charlie gasparino. so what do twitter employees have to say about a musk takeover, and what should rank and file shareholders do when the stock opens for trade on monday which dan ives telling fox business moments ago the stock could very well gap down. market watch senior reporter john schwartz has spoken directly to twitter employees one of whom, john, calls musk's offer shabby. what are they saying? >> i mean, essentially what charlie just said, i'm going to repeat a couple of things he just said. basically, culturally and politically this is a bad fit according to the rank and file, the idea of elon musk taking over. think about this, twitter is a very methodical company. it's been methodicalling in terms of its growth and what they've done with product. and for someone like musk with his controversial image and percent ifalty -- personality, his disrupter kind of attitude, it's a bad fit. i think with twitter in a sense
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it's kind of on this even methodical path, and this throws everything up in the air. so i think they're scared of what he would do. he'd probably turn things upside down. i think they're worried about the image. i think that's what's running through their mind. liz: elon had tweeted out yesterday a screen shot of goldman sachs' report on the stock before it was released that he had been taking such a big stake in all of this, and they have a sell rating on the stock -- or they did when he put this up -- they had a sell rating on the stock, and they said we have a sell rating on this because current management does not -- [laughter] does the not follow the innovation path that really needs to be followed as far as, you know, generating more growth. i understand how the employees feel if they feel that that, oh, who's this stranger we don't really know, etc., and what could he do, turn it upside down? the company is at the same market cap, 34 billion, as it was 13 years ago, john, when it
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went public. if you're on the stock market, hello, i you've gotted to do something to move that number. >> exactly. i mean, basically i look at twitter and i look at a colleague or a company like meta, look at all the changes that mark zuckerberg made to meta over the years, whether you liked it or not. and he pushed it forward, and the company grew accordingly. twitter's got to be the most conservative company in terms of change, even something as simple as an edit button. heir finally getting around to that. so in a sense, you're right. they're stuck in this rut in terms of market ca capitalization. in terms of followers, it's around 300 million if users, everyone else is growing at an infinite he faster pace. this is an issue. liz: elon has been uncharacteristically silent over the past, ask we're counting, 21 hours. does he just walk away? the filing that he made with the sec when he made the $43 billion
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offer a few days ago, says this is my best and final offer. >> he say says he has a plan b, we don't know what that is. it sounds fairly murky. i think maybe he could team up with private equity firms. i think cha what's going to happen is we're going to put many play the company, and we're going to have, as reuters pointed out, herbally a number of bids. there have been companies that have looked like salesforce and google. i'm not sure that would ever happen. it kind of sets into motion something that twitter probably doesn't like,s and twitter does not like, of all things, change. liz: you know, about 21 hours ago one of his last tweets was a poll, and in it he said taking twitter private at $54.20 should be up to the shareholder, not the board, yes or no in the voting is still going on, 59 minutes left. so far 2.8 million people have
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voted. how many of the employees are shareholders, and are there numbers large enough that they could make a dent in the voting not of this poll, but if it were put up to a shareholder vote? >> i don't think it would. i don't know. i don't have the exact numbers, but i think that's unlikely. liz: what do you think all shareholders would vote for here? >> in terms of musk? liz: no -- yes, yes, in terms of 54.20. >> probably no. liz: well, you know, we're looking at the stock market action from yesterday, and it just indicates that the stock continues to move down after it had certainly popped 27% the day it was released that elon musk can did have that 9% stake. look at that one week chart, unbelievable. please call us back and let us mow if you hear more from twitter employees or from the company, john. thank you. >> sure, will do. liz: john swartz of market
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watch. from the twitter circus to the desert dance fest, coachella is back. can't get a ticket to see the stars perform? one company using the return of the rock festival to jump head first into the metaverse. the ceo is here to tell us all about how absoluteland is just like being there. the markets may be closed, but fox business is alive and kicking following all the breaking news, up like our competitors, might if i add, who are in reruns. more "claman countdown" when we come back. ♪ ♪
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♪ liz: covid not over yet. after a two month decline, cases in the are on the rise. infections have jumped 14% from two weeks ago. breaking news also from the fda today, it's granted emergency use authorization of a covid breathalyzer test. users breathe into the test which detects chemical compounds of the coronavirus, and it then gives results in just minutes. the breathalyzer is yet another tool helping the nation if reopen, and reopen it has.
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good friday today, passover tonight, easter weekend and coachella is making its return after a two-year pandemic hiatus. grammy if award-winning artist harry styles headlining in the first day of the festival in indio, california. you don't even have to move off the couch. its absolut involving vodka brand is bringing it to the metaverse with absolutland named after per node's swedish -- per nod's swedish video. offering one of of a kind nfts and chances to find tokens that get them into the real life are festival. let's get the ceo in here to talk about, ann music hard gee. how did this partnership come about? >> yes. we've been sponsoring coachella now for over ten years, and we
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thought, hey, we're back after two years, so let's celebrate big. and, you know, we are seeing that consumers are trying to tell us, look, i want to be a part of what's going on in the world. may not be able to be there physically, i want to be there virtually. so this is the first ever, real-life meet virtual in the absolutland universe. liz: what's the turnout been like? [laughter] >> well, listen, we are opening today, so we'll know much more later today. we're going to be open for two weeks, and it is a once in an ever done kind of experience. we're going to learn a lot. in this has never been done before. and lots of people are going to have fun, because when you get into this metaverse, there's fashion, there's music, there's cocktail making. and even though it's virtual, we even have a vending machine where if you really want to taste the cocktail that's in the metaverse, it can be delivered right to your home. liz: okay, i think that's very creative, and it's an
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interesting way, and we've been following how corporations have been jumping into the metaverse. a lot of them don't even have a clue. you guys clearly have a plan, a playboy, for example, has done a really interesting thing. they had the playboy mansion metaverse. three parties, something like 8,000 people, it wasn't even promoted. thousands of people are raunching and jumping into these things for -- launching and jumping into these things. how is pernod giving people who go into the metaverse an opportunity to win actual tickets to the event? >> so this is what's great about this, the -- [audio difficulty] liz: hold on, we're going to try and reestablish with ann. but there's an interesting point about absolut vodka. remember when president biden had put out there that he was going to banned vodka can imports from russia, people started throwing out -- don't throw out outed vodka or any of the other ones, absolut is made in sweden.
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so, ann, to that point, let's just quickly get on the question that i just asked you as well as what you're seeing with vodka sales. >> so, first of all, you know, vodka sales is, you know, a bit challenged. but what we're seeing is a lot of those vodka sales are going into places like our tvs. our absolut brand has created -- [audio difficulty] easy to try -- cocktails, and as a result, we're trying to reevaluate what you're doing with cocktails, and that's why you're seeing this in this metaverse. it's doing great for our business. liz: well, pandemic in kind of a silver lining thing was great for your business. the stock up 50% since the lockdowns. you also hit an all-time high on january 5th of this year of
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about $246.48. we're looking at the shares right now, and, ann, i love to see it, it's really interesting. i may very well just dip into sleuthland to he can it out -- absolutland. >> please do. liz: all right, the usfl set to make its grand debut. can it take on the nfl? madison alworth is live in birmingham, alabama, ahead of the big kickoff with a looked at how fox sports is aiming to change the look and feel of america's pastime. and equity and bond markets may be closed today, but cryptomarkets wide open. we've got with bitcoin at $40,295, up about 1%. etherium's down or slightly flat here, litecoin up 3.75%. we're live, we're open for business, and we are coming right back with much more. don't go away. ♪
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liz: fox business alert, we are 27 the minutes past the hour. apple issuing a new warning of possible shipping delays as covid-19 lockdowns in shanghai continue. apple supplier pegatron says it's going to suspend if its plants in sang high, factories that produce -- shanghai, factories that produce never models. so today the news comes out from apple that it is going to have a bit of an issue here. one that computer, which produces about three-quarters of apple's macbooks globally also forced to shut out down operations. analysts say apple could consider rerouteing to other areas of china with fewer severe outbreaks. palantir landing an even bigger partnership with the cdc. the government contractor that specializes in data management and analysis has supported the agency's food-borne outbreaks
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program for more than a decade, but now the news out today is that the partnership will include developing ebola mitigation efforts. it will also work on managing anthraxing outbreaks which can be used, of course, as a biological weapon. marijuana companies in new jersey are buzzing at this hour at the news the state will allow recreational marijuana sales starting this month. customers 21 and older can legally now purchase cannabis products without a medical card starting april 21st. the new jersey cannabis regulatory commission will issue licenses to seven alternative treatment centers already operating as medical cannabis dispensaries and at least 13 retail dispensaries. and the latest harry potter pinoff will duel it out with sonic: the hedgehog this weekend for the title of box office weekend. fantastic beasts: the secret of dumbledore, is the third in the prequel series. the entire franchise has grown
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$7.7 billion worldwide. the movie was released under the newly-merged warner brothers/discovery company which, of course, official this past monday. completed exactly one week ago, shares have not been a that exciting. warner brothers/discovery closed yesterday down 4.33%, and, of course, year-over-year the sock is down -- stock is down 4%. you can catch a football game this weekend on fox, tomorrow night. spring football making its debut as the usf will l kicks off standard night. this is the 2022 edition bringing with it super bowl-worthy production including microphones worn by the players, sky cam, drone cams. selected players from each team will even wear helmet if cams. madison alworth live at the field in birmingham, alabama.
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madison, i am actually looking forward to this because i love football all year round. if. >> reporter: yes, liz, i know you love football, and i know you love tech, so i want to tell you about the tech you're going to see with this game. it's bringing us access you've never seen before. the first thing i want to show you is the helmet cam. you're going to see that first player perspective, incredibly unique. this has not been done in the nfl before. it's just one of the cameras out of the 57 that are going to be on the field. you're also going to have drones, side cams, all of that a part of the technology. and it's not just the cameras, liz, there's also going to be technology shove involved itself. so the ball has a chip inside. that chip is going to track the speed of the ball, the location, what players is have it, all of those things. it's going to be making calls a lot faster and smoother. gone are the days of finding that paris if down with the chains, all you need is the ball really making a fast-paced, exciting game and bringing the game into the 21st century.
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>> i'm a fan of human error in the game, but as the game grows and the technology becomes better and better, we're having opportunities to introduce that to min -- minimize the human error that exists where you could lose a game based on a call, based on a decision. >> reporter: so it's the football you know and love, it just has a lot more access, and it's going to be faster because of all this tech. that first game is tomorrow night, 7:30 eastern. new jersey generals are playing. i'm a jersey girl, so you know i'm going to be rooting for them. liz: oh, my -- that is so -- wait, the ball has a chip in it, the helmet has a cam. i remember the xfl years ago, and people made fun of it that they had all kinds of technological developments, they had the cheerleaders running around in the stands which i thought was cool. but pox sports also when it had -- fox sports also when it had the nhl, they also took
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these gutsy moves. it'll be interesting to see to the nfl adopts some of these efforts. >> reporter: absolutely. i wouldn't be surprised if we see this come the fall. but we don't have to wait -- liz: okay, i'm canceling plans tomorrow night, because i need to see that. [laughter] madison alworth, live from alabama. the usfl kicking off tomorrow night with the new jersey generals and, no, no, this is not the rival to the harlem globe trot ors, that was the washington generals. they are taking on the birmingham stallion withs. it all begins at 7:30 p.m. eastern on fox. luckily this year you have until monday at midnight to send uncle sam your returns. the liberty taxi owe coming up to tell us you may not get that refund as quickly as you have in the past, but what about the tax revenues, the irs? what about all the changes? that's straight ahead on "the
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claman countdown." ♪ ♪ happiness. or confidence. but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. ♪ ♪ better hearing leads to a better life. the future you imagine. and that better life... ...starts at miracle-ear. it all begins with the most innovative technology... ...like the new miracle-earmini™. available exclusively at miracle-ear. so small, no one will see it. but you'll notice the difference. and now, miracle-ear is offering a 30-day risk-free trial. you can experience better hearing with no obligation. call 1-800-miracle right now and experience a better life. - hello, friends, michael youssef here. to some people, the cross is a symbol of division and hatred. to others, the cross is an offense. only those who place their whole trust in the christ
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♪ liz: it's the most terrific time of the year, right? if you have now a little over 80 hours to file your tax return with the irs ahead of monday's midnight deadline. it's actually been a record-breaking first half of the 20 2022 fiscal year for the federal government. from october to march the government collected 2.12 trillion in total taxes, that is the first time federal tax collections have exceeded $2 trillion in the first a of a -- half of a fiscal year. record aside, the federal government also spent up a storm, $2.79 trillion in that same time frame. that is the second highest spending ever in the first half of a fiscal year leaving a deficit of $668 billion. the record, by the way for those who are interested, actually happened in 2021.
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of course, covid and all of that spend somebodying. what does this mean for tax filers and the overall picture of the economy? joining me now with insight from inside the business is the ceo of the third largest paid tax preparer in the country, liberty taxes' brent turner. how nice of you to take time out on your busiest time. i know it's been insane, but give me a sense of how returns are coming in, what they're showing and what our viewers can glean about the stay -- state of the economy. >> yeah. so it seems like this season's a little different than the last couple, obviously, for many reasons not just the pandemic. every tax season seems to have some nuance to it. but this year it seems like people are either planning to file late or just don't understand that the filing deadline is april 18th as opposed to last year with covid, you know, limitations it was may 15th. and the year before that it was july 15th. and right now 60 million
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individual returns still have not been filed. so over a third of expected individual returns, it's 160 million expected individual returns that have not been filed yet. liz: and what about the number of returns where people owe versus the cash back that they're going to get? >> yeah. that's a dramatic increase so far this year. we've seen 38% increase in returns that have what we call balance due instead of a refund. liz: and what do you glean from that? is it because, you know, the government is socking us for more, or is it because people are actually back to work, making money and doing better? >> yeah, it's a combination of many things, but i think it's mostly due to more people being back at work. you know, the unemployment level's quite low, and so i think there's more people earning revenue this year or earning this year rather than, you know, getting just stimulus funds from last season. liz: yeah. well, it is interesting to see tax revenues are up and, in fact, if you look at march
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specifically, here are the numbers, and i want our viewers to really listen here. the government posted $199 3 billion -- 193 billion budget deficit for the month of march, but that's less than a third of the $660 billion gap a year earlier. do you predict the trend continuing over the course of the second half of the year if people are you know, finally getting on the ball and paying their taxes? >> well, it's interesting, there's two -- you know, the extensions that were filed as of last friday are up 229% over last year. liz: okay. >> so even though they're filing their extension, they're supposed to be paying their estimated tax due at the time they file the extension, but in many cases hay don't. and what you'll see is a much larger revenue happening in the second half of the year this year because of those edges the tensions being file -- extensions being file. liz: let's talk about the backlog at the irs. i paid my taxes last year, and i got my whatever refund that i got -- i ended up having to owe,
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but i did get one refund from one tiny little part of taxes, and then i get a notice from the if irs saying we never received your return, and you owe a lot of money. no, i did send it in. you have a lot of confusion at the irs, do you not, at this point in. >> yeah, there's a lot of backlogged returns. there's still something like 5 million returns from last season that have not been processed, there's still many refunds that are due that have not been issued. by the way, i are have somebody who can help you with your problem if you're still having that with the irs. [laughter] there's still lo lots of work to be done other there at the irs that, frankly, they're just understaffed. liz: well, i'm sure that you guys are all working hard and every member of your staff is at this moment, hopefully, watching you for a quick break. brent turner, thanks so much for joining us. >> thank you for having me. liz: be sure to tune in to a special tax i the decision day
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on "can kudlow" on monday. that's 4 p.m. eastern right before this show only on fox business. don't miss it. we've got 18 minutes before the op of the hour. the russians -- top of the hour. the russians cracking down on google and wikipedia today. the news is breaking on that for what it calls fake news. the two now facing fibros after a ruling by a russian -- fines after a ruling by a russian court for failing to delete what it calls false information about the ukrainian war with. made a similar ruling yesterday on youtube. up next, ukrainian president zelenskyy warning that nuclear weapons may still be on the table for vladimir putin. is he reaching for hem? any signs of that? we're going to take you straight to kyiv live for the latest developments on the war. fox news' jennifer griffin, best of the best, standing by on the ground in ukraine. "the claman countdown" is coming right back. ♪
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liz: 13 minutes before the hour, president volodymyr zelenskyy sending a dire message to the west in just the past couple of hours saying the world should now prepare itself for the possibility that russian president vladimir putin could resort to nuclear weapons. the crown jewel of the russian navy now sit at the bottom of the black sea following targeted attacks from ukrainian forces. russia ultimately denied the attack saying it was an explosion onboard and a fire that caused the destruction, but u.s. defense officials have now been able to confirm that two ukrainian neptune missiles did, in fact, hit the ship earlier week. with russian forces still on the move in ukraine, let's take it live to kyiv where national security correspondent jennifer griffin joins me with the
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latest. i didn't knower if. >> reporter: liz, a day after this daring attack on the flagship black sea vessel, the cruiser that sunk and is now at the bottom of the black sea, moscow is warning the u.s. that if it continues to seven is weapons -- to send weapons into ukraine, that those will be legitimate targets. there are also warnings that moscow is so angry about the sinking of this, of this cruiser, this navy cruiser, that they have called up more conscript ises. they are threatening to declare all-out war on ukraine so that they can expand their conscription. i had an exclusive sit-down interview with ukraine's foreign minister today who said if we get the right weapons, if the u.s. provides the right weapons to ukraine, they can win war. how did you think the russian flagship moskva? -- how did you
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sinking it? >> according to the russian defense ministry, it just sunk because someone onboard was not careful with a cigarette and set the ship on fire. >> reporter: is that true? is that how it happened? [laughter] >> i was not present onboard when it happened -- >> reporter: russia's pulled back from kyiv, and yet we heard explosions a few miles away from the capital last night. what was the target, what was the weapon that used, what was russia's messaging? was that a response to you sinking the moskva? >> i realize in the next 24 hours russia will strike back. this is war. there is no alternative to that. >> reporter: what did it mean to you to have prime minister boris johnson walk through the streets of kyiv? >> it was huge. i think it was a huge demonstration of leadership. >> reporter: what would it mean for president biden to come here? >> reporter: we are looking forward to the visit of the president. he demonstrated leadership, leadership which was unexpected. >> reporter: unexpected
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because the response from putin, putin did not expect the response u.s., from if nato and from president biden. that according to ukraine's foreign minister. i'll have the rest of that exclusive interview tonight on "special report" with brett baer. liz? liz: jennifer, i just have a question for you. looking at the street behind you, one or two cars have passed by. what kind of roadblocks are in place to make sure the russians don't get in to where you guys are? >> reporter: well, there are, the russians, obviously, pulled out of this capital area, but the real threat is coming from the sky. there are ballistic and cruise missiles that can target any part of this city. in fact, we just heard the air raid sirens just moments ago. we heard the same air raid sirens the night before, and we learned this morning that a cruise missile had struck a warehouse about 10 miles from where we are right now, and that warehouse was a strategic target
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for russia. we expect, as ukraine's foreign minister told me, they expect more of those strikes because, again, russia is so angry that its navy cruiser was sunk by, apparently, according to the pentagon, those ukrainian neptune missiles. liz: jennifer griffin live in kyiv. please, you and the crew stay safe. thank you so much. >> reporter: thank you. liz: and you do not want to miss this week's edition of my everyone talks to liz podcast. i'm joined my form former green beret dale buckner. dale has a team of more than 100 people on the ground all over ukraine working to safely evacuate, extract corporate employees and executives stuck in the war zone. sometimes under the cover of darkness, he is getting neems out -- these people out. his story straight out of a tom clancy no. you've got to hear thousand they've bravely track tracted 8,000 civilians and counting since the conflict began. get it on apple, google,
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spotify. you know, this weekend if you're just sitting around, 20, 25 minutes, that's all it takes. it's an incredible story of great bravery from the finest many our country. up next, the easter bunny leaving more than just colorful eggs this weekend, today's countdown closer may play easter bunny. we're going to tell you which ones in just a moment. "claman countdown" is coming right back. ♪ ♪ i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. .. living. let's partner for all of it. i'm so glad we did this. edward jones
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gus, what eggs and what tickers are in your basket. >> we are in a pretty good place. in spite all the head winds with inflation and the risks we are talking about. longer term i think the united states is the place to be. we people the same way about csx on logistics. the economy is still running pretty hot right now. engineering. we think there will be a major boom for construction and manufacturing plants. that will benefit companies that have tools such as uri, united rentals. the other thing i think people don't realize there is has been a major underinvestment? commodities. that's basically the building block.
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we have a host of names we particularly like. but that's what the analyst communities talk to. we keep hearing about all the risks. but earnings have increases for the year and next year. liz: the steel company new court, that stock closed at $165. that's a high. why should investors be buying here, gus? >> if you look at the steel demand. it's still accelerating. and many companies are trading or 10 times earnings. a lot of their competitors are hamstrung whether it's logistics overseas. they can't deliver. we'll end up reshoring more than we have in the past. we'll bring a lot of
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manufacturing back here including steel. liz: let's put up that pretty graphic of the easter egg basket with the pretty symbols in there. tell me how much room you see that there is to grow with flour. in terms of the analyst community you are looking at somewhere -- the markets continually changes. but we would think there is for of taken upside. we talk to owners who have great growth prospects, but they can't build a manufacturing plant fast enough. >> thank you for joining us on this good friday. we want to wish our viewers a happy passover and happy easter. markets will reopen again
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monday. at the top of this hour, the top media and tech analyst fold fox business that twitter in light of all the news that has come out about the poison pill and a second possible bidder behind elon musk. with all the news he expects the stock to actually go down. we shall speech "kudlow" is next. david: welcome to "kudlow." i'm david asman in for kudlow. private equity firm told twitter it's looking to put together a bid to rival musk's offer. twitter's board announced they are giving share shoulders a discount to purchase more shares, diluting musk's
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