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tv   Varney Company  FOX Business  October 28, 2022 9:00am-10:00am EDT

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relatively crime free environment police out citizenry respects the police same thing in kentucky, another home where i live. in new york, it is different, and sad it needs to change. will. maria: yeah, it is true we have mayor of miami suarez on this week to talk how miami is different than the rest of the country quick mark luschini close us out market mixed on heels of economic data what do you look for most important next week? >> well, obviously, federal reserve meeting i mean obviously, fed reaction function to this most recent inflation reading on pce is going to drive i think investors attitudes around whether pivot is on the table or is it going to be taken away next wednesday when we get the announcement. maria: all right. thanks everybody great panel have a wonderful weekend we will see you again on monday, sd
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morning, maria and everyone. let's come out with it except apple. big tech has crashed and the value of america's biggest and most successful companies being cut by a trillion dollars just this week. the latest casualty on your screen, left hand side. amazon t came out with a disappointing earnings report. investors are taking it to the cleaners. these prices amazon is no longer a trillion dollar company. earlier in the week, microsoft, google, and meta were all taken down big time so the obvious question now is is it time to buy? we'll be going at that throughout the show today. then there is apple, which also reported thursday, it did not disappoint, that stock is up in premarket trading. 144 on apple. now take a look at big energy, there is sump a thing and it's doing very well. exxon reported stock at a 11 billion in one quarter and that stock is way up. the left is apoplectic about
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this and they're demanding a winful profit tax. the latest stock market action, the dow might be up about 40 minutes, nasdaq down about 80. that is amazon's impact. little change for interest rates and 10 year trading around the 4% level, 403 and two year at 436 or thereabouts, we got it there? it's 437. thursday, we showed you how to get a 9.62% yield on inflation adjusted treasury security. the website couldn't handle the rush of orders. politics, republicans coming on strong in the midterms all across the country. republican candidates are closing the gap. in georgia, herschel walker now leads on a hot night, senate leader schumer admitted it. the president goes to pennsylvania today to sure up support for john fetterman after his difficult debate performance and the poll shows that's virtually a dead heat. but there are more concerns about the president's ability to
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do the job. thursday, he made false claims about the price of gas. before that he was confused over the student loan deal, fumbled the name of britain's new prim mine sterling heights and called vice president -- prime minister and called vice president harris the president. there's elon musk at twitter, the musk era has begun. he tweeted the bird is freed. three top officials are out including the executive who kicked president trump off the platform. jack dorsey, twitter's founder, walks with a billion dollars cash. yeah, it is a jam packed show this friday, october 28, 2022. "varney & co." is about to begin. ♪ >> hey, stuart, steve in michigan. rorocco and i watch "varney & c"
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every day. if we're out working on the tractor, we listen to you online. keep smiling at the diesel pump. ♪ it's a new day, and i'm feeling good ♪ stu: that was a very good welcome friday from steve there. lauren: you're welcome. stu: don't forget the john deere track templet about the same size of the one i got. what's the song? feeling good? yes, indeed, we are feeling good this friday morning. however, big tech not doing well. amazon and apple capped off big tech's week of reporting. good morning, lauren. start with amazon. lauren: we start with the bad news. in all about $950 billion has been wiped off the five biggest tech companies this week. there's your out. it's do or die based on outlooks and investors don't like the outlook from amazon and they said in their holiday quarter
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sales will come in between 140 and $148 billion. okay, wall street wants $155 billion so that's a big mess in the outlook. stu: they're tacking them down 15%? lauren: then look at aws, cloud grew at slowest pace yet, 2% growth and that's a -- 27% growth and that's the slowest and when the market opens, the stock could be below $1 trillion for the since time since 2020. stu: total valuation of amazon is at $96 a share. now apple? lauren: the best of the bad tech bunch. it's kind of doing nothing. shares are45-cents in the premarket and looking at iphone revenue, it's slowed down 42.6 billion overall but the justification, the new phone, the 14 went on sale the final two weeks of the quarter so is this an early indication of what could happen. then look at services and big part of their business, that's how they milk users for tv,
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music, et cetera. revenue was light at $19.2 billion and then management said well, mac heave knew is going to "decline substantially in this holiday quarter". that's all concerning but the numbers were stronger overall and the best of the bad tech bunch. stu: of the five big name technology companies, apple is the only one, which is not gone through a traumatic decline in the stock price. that's the only one and all the rest, way, way down. we need kenny p p polcari. kenny, is it time to buy? >> i think so in some of the names. i was never a buyer of meta and google and i'll never talk about them because i wasn't into them before and i'm not now. i'll put money into big mega cap tech, it'll be apple, amazon, microsoft would be the three names to look at in that space. i think the amazon reaction is a
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huge overreaction, but i also get the tone in the sense that people are disgusted and on any report, if they don't like it, they're throwing it out. the fact that like lauren just said, that the street, that street analysts are looking for $155 billion and amazon came out and said maybe it's $145 down to $148. amazon is telling you the number and analysts need to bring their numbers down. it's a little bit of a disconnection for me. stu: you are buying -- you will buy microsoft and apple and what was the other one? >> and amazon. stu: amazon, okay. >> below $100 -- i'm buying amazon. i want to see how it opens, watch it for a bit and then i'll start buying. stu: okay, this could be one big buying opportunity. kenny, thanks for being with us on a very important day. always appreciate it. we'll see you later. administration is getting
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pushback from msnbc. lauren, this is big news. msnbc going after their favorite guy, say it ain't so. lauren: it happened. it's good tv. the msnbc host she legitimately appears frustrated about the way the administration has handled the economy. >> the white house argument has been the same all yearlong and for months he's been making this argument and yet our latest poll here at nbc shows only 16% believe the economy is excellent or good, 59% expect a recession within a year. so why isn't that argument working? >> well, look, i think first of all, it's not just an argument he's making. he's delivering for the american people. this isn't just about -- >> but they're not buying it. stu: they're not buying it. lauren: yep, and then the white house admitted, well, yeah, so all the benefits of the inflation reduction act don't take effect till january.
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msnbc said no one is buying what you're selling. stu: all right. todd piro is here and even msnbc taking the president to task. has it turned? >> when you lost msnbc, you're in trouble. the bigger point is you heard that break down there, he's delivering for the american people. we both kind of fawned when we heard that. this is your argument and not reality. you're entitled to make your argument as president of the unit a united states -- united states and the press office but it's a lie and they haven't delivered on anything especially with the inflation reduction act and doesn't reduce inflation till years years years down the line. stu: president biden and vice president harris head to pennsylvania today to campaign for john fetterman. it sounds like this is kind of a panic visit to help him out somehow or another. >> we're on a business show, stuart, so i'm going to follow the money and follow the betting
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lines. following that debate between fetterman and oz, more money flew into dr. oz. supra aural headphones show the american people betting on this and presumably voters are thinking that dr. oz will take this but also is this really gob that help? is sending these two individuals into the mix really going to change anybody's vote or turn out the vote? that's the question you have to ask? at the end of the day, even if you are a democrat in pennsylvania, you have to ask yourself, can you in good k send that individual that clearly cannot do the job into the senate of which there's only 100 of those speech and debate jobs. stu: another question is will the president and vice president help? will they help him? i don't know. i've got to break in for this. this is just breaking right now. here we go. speaker pelosi's husband, paul, was just attacked inside his home. now, do we have anything more on this? lauren: we do.
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nancy pelosi was not there and happened in their home in san francisco where paul pelosi was violently assaulted. stu: good lord. lauren: this is a statement from nancy's press team. the assailant is in custody and the motive for the attack is under investigation. mr. pelosi was taken to the hospital and receiving excellent medical care and expected to make a full recovery. stu: doesn't that bring crime right out into the open discussion in san francisco? >> 100%. lauren: the criminals are so emboldened because they know there are no republican cushions so you're see -- repercussions so you're seeing it everywhere in many of the big cities. stu: we don't know the motivation attack. it could be political, i do not know that and could be random crime you see so much of but it's a crime and comes right out in san francisco. it makes it a much bigger issue than before. lauren: in the nice area where the pelosi's home is. >> we cannot speculate if it is or not political, if it is, it
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needs called out by both sides but crime in general and the reason we've gotten to this point in 2022 where rich, poor, old, young, it doesn't matter you can be a victim because of the soft on crime democrat policies that pervade our nation. lauren: they say the streets are safe, that's all i want to say. stu: fair enough. quickly to the future's market, how do we stand this friday morning with 19 minutes to go? mixed picture. the dow up about 130 points. next, president biden has suffered awkward gaffes recently. roll it. >> if you don't have one of those loans, you just get $10,000 written off. it's passed, i got it passed by a voter too. representative -- jackie, are you here? i didn't think she was going to be here. stu: the president averaged a gaffe a day. we'll get into that. the bird is free, that's the message from elon musk as he takes ownership of twitter and started cleaning house. a report on that next. ♪
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>> down about 60 for the nasdaq and markets open in 14 minutes. the day has arrived and musk completed takeover of twitter and kelly o'grady in los angeles and the changes that musk has already made, please. >> stuart, he hit the ground running and let the world know the next part of the saga has begun and tweeted the bird is freed. he's reportedly already ousted
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ceo who has a settlement of roughly $40 malcolming to him and the ceo policy and trust lead and waste nod time bringing in tesla engineers to review what changes the platform will need and the big changes become last coming next and hinted at addressing content moderation and last night tweeted "he'll be digging in today in response to a user claiming to be ghost banned". but the most imminent decision is whether or not former president trump is let back on the platform and trump claimed he wouldn't return even after musk shared he'd re-instate him and minutes ago he tweeted out that he's happy twitter is in sane hands but loves true social. but that could really impact the midterms just days away if he were to return. some advertisers have quest nod time in making it -- wasted no time saying they'll pause ads if that occurs and with a $44 billion price tag, those dynamics are a lot there but, stuart, i've been talking to
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sources inside the company and it's chaotic and people wondering if their jobs are next and we'll see more changes in the next hours i'm sure. stu: all right, kelly, we'll wait for the changes to come down the pike. you got it. mucks said he wants something -- musk wants something warm and friendly. what will he employ? >> this is the dilemma, stu. people don't want to see pornographic material and name calling and epithets. queenlet have viewpoint discrimination and my view is simple, no viewpoint discrimination, no categories for hate speech and that's a vehicle and then the solution on that is for sensorship and they want those filters that twitter applies and keep it as an option
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that people can opt into and for users that don't want that, let them opt out to see what they want to see. that's the key is restoring u ue choices on the flat form. stu: you have to have some content m moderation there. >> it would be littered with spam and pornography and things like this. there's a clear distinction to draw and in the name of content moderation and twitter has been smuggling political viewpoint-based discrimination and that's the piece that needs to end. there's no room for political viewpoint based discrimination and categories like hate speech are a different way of saying you're engaging in viewpoint-based discrimination. that's the distinction that needs drawn. stu: gross racism is also an opinion. >> it is, exactly, and the answer to bad speech is not less
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speech, it's more speech. that's the american way and so i think what's been happening is in the name of content moderation, twitter has been smuggling in content based viewpoint discrimination and if we say twitter no longer discriminates on viewpoint and deciding something is misinformation and take it down and give the choice back to the users and for the users that want the same pro protocols that twitter uses, tell them they can have it and opt in and everybody else gets a more open and free internet and that's the peaceable solution to be sustainable for creating a good company. stu: get on the phone and call up musk and give him your ideas because they sound like good ones to me. got to go, vivek. you know how it is, hard breaks, they'll kill you. liberals melt down over musk's takeover of twitter. >> i don't think they'll like vives ideas on twitter because they don't like any idea. wokeness is disappearing and
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legal affairs editor mocking the billionaire elon musk writing what's the point of being the richest man in the world if you can't own free speech. the prospect managing editor ryan cooper predicting doomsday under musk sounds like curtains for the place and daily column writer christopher reeves said elon musk is anti-se anti uniono and accused of exposing free speech and two comments on that quickly, one, message to the left, free speech isn't just free speech to liberals and two, dude bros, they're your bosses. everybody who's a dude bro probably has a lot of money. they're your bosses, don't knock dude bros, stuart varney. stu: i don't know what you were talking about. >> you were a dude bro in the day. stu: what do you have? lauren: changes are coming fast and according to reports, tesla engineers are at the twitter headquarters to learn the code and explain to elon musk and figure out how they're determine
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hag you see and don't see. stu: what about dogcoin. lauren: yeah, it's up about 35, 40% on the week because of this deal. i'm going to give you two reasons. there's rumor he'll put a wallet in twit tore be a used case for the crypto and the second, doig is a proxy about sentiment on elon musk. people like him and they buy the coin because they associate with him. bank in the town square, maybe not the workers at twitter and some over people. stu: how do you call it? >> we need varney coin. coin. stu: don't start there. check futures please. almost at opening bell on friday morning and we'll bop for the dow and down a little for the
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nasdaq. we'll be back. ♪
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>> i haven't gotten this right and fundamental haves started cracking and stocks have had deep fizz fissures in them and markets do overreact and fundaments weaken and stocks drop dramatically and fundamentals improve and stocks spike dramatically. when that is is a good guess. i think we're assuming for now what the trends that we're seeing going into the december-quarter, softening
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consumer spend, softening economic spend stays the law of the land for the first three quarters of '23 before we get an improvement and i worry if things get dramatically worse through next year and tough to be long tech stocks, no doubt about it but some of these are very good long term assets and amazon at the top and google second. stu: hats off to you, mark. it's very rare that someone comes on the show and says, i got it wrong. you said that and we appreciate that. what is your time frame for 180 on samson -- sorry, 170 on amazon, 170 on meta and 130 on google, what's your time frame there? >> about 1 month -- 12 months. what investors want to see ask what are the companies going to do to defend the bottom line and what cost cutting measures will you take and companies showing the least willingness is meta and aggressively investing in
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the meta verse and that stock got cracked almost 25% this week and investors they're going to defend the bottom line in a weakening environment and they'll have the hardest time recovering and it's going down. stu: as a big tech invest torques i might consider dipping my toes back n. priebus your honesty. see you again soon. the opening bell is about to ring on wall street. going to see a mixed picture and&the performance of big tech. apple accepted all the rest of them gone down, down, down. dropping in value by almost a trillion dollars this week. that is a spectacular downside move. all right, here we go. trading has begun. see what's coming in today. the dow has opened with a gain,
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up about a half a percentage point there and most of the dow 30 are on the upside, almost all of them. now, the s&p 500, that's also opened with a small gain, calling that a fractional gain up 0.8% and the nasdaq composite on the downside and down 0.11%. amazon has a lot to do with that one. big tech, apple up 3% right from the get go. apple is doing well this mocker. meta is up 80-cents but well below $100 a share and google up 20-cents and microsoft up four sents and virtually no change and amazon down $11. that is 10% down. big tech earnings week all wrapped up and it's been brutal. lauren: yeah, they shed a lot of money this week and apple is the bright spot with the record revenue and amazon slaughtered and they're worried about holiday spending and meta spending too much on the meta
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verse and google, alphabet, five straight quarters of slowing sales so, yes, they set off the alarm bells but outside of this heavily weighted sector, look at the market performance this week. dow is up 3%, s&p up 1.5% and nasdaq could turn around and be positive obstr on the week. stu: big tech, big energy and chevron and exxon today going straight up. lauren: it's great. stu: intel they're are up big today. lauren: the report card was not good and cost cutting is what investors want to hear and the ceo said, look, if you look at our data center, that's where other companies spend money, buy intel chips to put and use in clouds. that's slowing down and that's a bad sign for intel. so if other companies are cutting back on the cloud spending, which is expected to save you money, that's bad. but yet you have the stock up 7,
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8% because they're going to cut $3 billion in costs. they're righting the ship. stu: the market will respect that and don't respect that up 7%. pinterest coming out with a good report and up 14%. lauren: it is a rare market and jp . morgan said it's a smaller company and can pivot more. stu: we got reports from the oil giants to the upside that's remarkable. lauren: chevron crushed it, second highest quarterly profit ever with $1.2 billion, big demands but they increased
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production, got to check the stock near an all time high. stu: excellent. exxon. lauren: highest in $8.27 billion. that's equivalent to $7 million an hour. record production from the base and executive said investments we made allows to increase production but the white house will not read that statement out loud. they're a dividend aristocrat if you will. this is a political report card because they're looking at what every has done and saying you're making too much money and lower prices at the pump and exxon can come back and say and chevron, we increased production. stu: they want to increase profit taxes on oil companies.
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lauren: i'm not sure if they'll do that but they're going to try. stu: gavin newsom the governor of california is holding a special legislative session next week. lauren: he has no idea how to do that and speaking to people in california, how will he do this? what do you expect? no one knows and they're trying to figure out how this would work. look, the issue in california and the u.s. is they sent the signal to the industry we're goon shut you down because we're transitioning and they've not made the players whether it's a producer or refiner part of the transition. stu: they hate oil. this was the 1980s all big oil. lauren: raven oil is better and cleaner and venezuelaen oil. joking. >> are you saying don't expect a press release from the white house celebrating? lauren: they'll never say that and hit them for not producing enough. that's where i brought you thosn mobile and hit it and wrote it
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down. down. stu: you're persistent this morning. t-mobile . added subscribers, 854,000 in the quarter and cheaper than at&t and verizon and americans in the inflationary environment are selecting them and raised their annual forecast, they're our favorite idea given superior profession in a challenged wireless market and say they're going to $201 a share. >> stu: look at dow industrials right now and dow getting help from apple up $3, it's a dow stock getting help from chaff ron, which is a -- chevron a dow stock and up 300 points as we speak. the dow winners. apple, intel, verizon, boeing, chevron. lauren: chevron at a high. stu: and exxon but it's not on the list. s&p 500 winners are in. we have dexcom, t-mobile, gilead sciences. nasdaq composite. a big tech in the list?
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no, we don't. we've got intel 9% higher and dexcon, t-mobile, all of them sharply higher r. is the 10-year treasury yield as we speak. hovering around 4%. yeah, dead on 4%. where's gold? not very interesting. gold doesn't do much these day at $16 pl16.47 per ounce down 1. bitcoin in a narrow range for weeks on end between upper 18,000 to the low 21, 22,000. that's where it is and 20,500 right now. the price of oil, mid $80 a barrel range. now $88 this morning and nat gas, well, it's getting cold up here in the northeast. is it going up in price? no. no, it's not. it's down. 5.72. okay, average price of gallon of gas no change over night, $3.76 and for regular, gallon of diesel is now $5 pla5.30. how about that? chuck schumer was on a hot
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michael jacobson talking -- hot mic talking about the pennsylvania senate debate. roll tape. >> [inaudible]. [inaudible] stu: all right. how much did the debate hurt fetterman? pennsylvania republican is here on that little later in the show. 11 days to the midterms, what are voters googling before heading to the polls? that's a pointer. we have the answer. look at this op ed. america's crime wave is not a right wing miss. we have the author of that here with her warning for the democrats. that's next.
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the mar markets and dow stu: check the markets and the dow is up close to 4%. president biden and vice president kamala harris going to pennsylvania to campaign for fetterman. synwhy is the event held in an a where a lot of businesses are closed because of the crime wave. ? >> reporter: not good optics and they're make joint appearance and pennsylvania convention center and the old terminal building and it's a beautiful old building and rare joint campaign appearance by the president and vice president for both fetterman and the democratic governor for -- democratic candidate nor governor josh shapiro and right across the street, we were reporting from here and it was a wawa convenience store a week or so ago. it is now cleared out and they
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shut it down because of crime, which of course is a big issue in the race. i give you the latest statistics on crime. they're not pretty in philadelphia. retail theft up 53%. that is what sort of drove the folks at wawa out of business here. commercial burglaries up almost 50%, robbery specifically with a gun up almost 50% too. lot of people blame the new progressive district attorney larry krasner for some of those increases because of what some would perceive is de-emphasis on prosecution of crime. worth noting krasner got about 70% of the vote so he has support but also worth noting the wall street editorial of the wall street editorial board pointing out this week in philadelphia, we hit 1,000 murders. in the same two year period before krasner took office, it
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was half those numbers. even some of the folks in the city that support his progressive changes, some of them, say it's really driving businesses out of business. listen. >> we're not advocating that you throw a kid in jail for ten years because they stole a candy bar. that's not what the point of this is, but we are saying that when you have no type of -- when there's no type of consequence from somebody doing that, it elmore boldens them to keep doing it. elemboldens them to keep doingf kids going in and grabbing sufficient because they knew no one was going to do anything about it. sounds like a small thing but drives businesses out and doesn't help anybody. stu: yes, it does. jeff, great stuff. see you again soon. now batya ungar-sargon joining me early this morning. up till that moment, i got your
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name right every time. >> you did. stu: welcome to the program and good to have you back again. my question to you is crime the big motivator getting people to the polls this november? >> # 0% of americans -- 80% of americans say crime is a really big problem and 85% of americans told news nation poll that they were going to see crime as one of the major issues getting them to the polls and also determining who they're going to be voting for. stu: it's not just crime itself, it's the politicians attitude towards it. in the debate recently in new york state, governor hochul seemed to dismiss people's concerns about crime. in fact, she specifically turned to lee zeldin and said what are you so concerned about and that's had a real impact on her campaign. >> absolutely. do you know what gaslighting is, stu? stu: you define it. >> it's when you tell somebody who are you going to believe, me or your lying eyes? you say to them what you are
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experiencing is not real. that's what democrats and progressives are doing to voters and down playing the effect of the crime wave, which is disproportionately impacting americans -- black americans, hispanic americans and lower income americans who saw the democrats as their champions and understand that the democrats turned on them. stu: fascinating and it's changing votes i can see there. sorry it's such a short time frame and thank you very much for being obstructing cerumen the show. on the show. >> thank you. stu: polls underestimating republican strength. who's saying that? >> the managing director of mason dixson polling saying they're going to underestimate the margins by a net of 5%. he told the daily wire he thinks the gop ends up with 54 senate seats and 25 to 35 house seats and former house speaker newt gingrich saying republicans will pick up between 3 and 7 seats in
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the senate and would be insane and 44 in the house by way of comparison in 2014 midterm elections and pre-vote generic polls put the republicans ahead by 2.4 points but the tally was nearly double that. stu: that's a surge no matter how you slice that. do we know how many people have voted already? >> it's obviously a fluid number but as of right now, more than 15.8 million people voted in the midterms according to the unit elections project. most votes about 10.5 malcolm prized mail in and -- malcolm prized mail in and surpassed a level at the same point in 2018 midterms including in california where democrats alleged the state's new voting law suppresses the vote there and the numbers would disagree with the liberal left. stu: they would indeed. i've got big news, i mean big news. tmz says tom brady and his wife
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giselle will be filing for divorce and have reach added a settlement to end their marriage. any comment on this? lauren: i'm sad. >> sad. any time a marriage dissolves it's sad for the couple and the kids. lauren: they were a golden couple and it's sad. stu: don't forget to send in friday feedback. there's time. e-mail questions, comments, critiques to varneyviewers@fox.com. the world series kicks off tonight on fox. houston astros against the philadelphia phillys, a houston furniture owner who goes by the name of mattress mac could win $75 million if the astros take the series. jim macinvale, mattress mac, here to talk t talk about a gic deal he made. that's next. ♪
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stu: ladies and gentlemen, something i do not understand, paypal will fine you if you use paypal if you post misinformation on paypal. they will fine you $2500. i don't understand this. let me explain why i do not
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understand. since when do you post anything on paypal? lauren: paypal owns venmo and when you venmo someone money, you often say why and you give some information so people are now trying to delete their venmo accounts that's trending on twitter, and paypal also helps certain groups collect money. so this is where it gets controversial. paypal is saying, well, we have a code here, a standard in the way we conduct business. if we find you violate our code, we're going to get into your wall and the make sure you can't give someone money and fine you $2500 per violation. stu: suppose i'm on venmo and i want to pay somebody some money and that somebody happens to be a natzi organization and does paypal come in and fine you $2500? lauren: i believe so. stu: okay, now i understand. lauren: it's very controversial. the week or week before we did
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this story and people were really annoyed. remember charles payne said i canceled by paypal account because i do not want big tech in my wallet. paypal said this was an error and we didn't mean it and it was a major mistake but it's still in their policy. so people are saying, was it really a m mis-tack or was it intentional? stu: it's still in their policy so i can still give fined if i want to give money through venmo to an objectal personal organization. lauren: correct. stu: now i understand. >> and you're now allowed to complain on twitter and this is howl it comes full circle. the whole hour. stu: we have time? okay. okay. lauren: should we teach venmo in this time? stu: no, don't do that. can i report that ye west is back on twitter. lauren: we think so. stu: in the musk era, which began today, ye west is now back on twitter. >> doesn't that look like it's
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ye? stu: that's him. >> todd piro's phone confirms this. stu: and twitter opening up to people that were closed out of it. will president trump be back on? that's up in the air. >> it's up to trump and he has his own service now that he didn't have when utilizing twitter to become president. who knows. i think if he wants to make another run, no offense to truth social, it doesn't have the reach that twitter has and it would be insane for him not to if he decides to make a run. lauren: between this twitter story and paypal story, social media is the wild wild west and nobody knows how to play in it. they really don't. there's schools of thought, let everybody play in the zuckerberg meta verse and learn the rules of the road and bring down to real life. stu: still ahead, we have the congressman, mattress mack, steve hilton, chris ruffo and thank you, todd, for being here
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this hour. it was a tough go. we'll be back. ♪ .. real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq
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