>> believe we're going to see some great opportunities in the

first half of the year and in the first quarter. the key is patience. those that are, i think, are going to have some amazing opportunities to generate a lot of wealth for their families in the long run. >> i think the republican party is in serious trouble because we say things on the campaign trail. it's a lot of lip service. if we don't do something on spending, our economy is going to be in a terrible position. >> i think the house is broken. it's time to to stop the chaos. they've made their point. the biggest issue is they don't seem to have a solution. >> this just can't be a total, headlong race to the right. we can't have a situation where 20 members hold 202 members hostage and our agenda hostage. this is turning into a blackmail situation. ♪ baby, you're a rich man. ♪ maybe you're a rich man -- stuart: i always liked that. baby, you're a rich man.

[laughter] 11:00 eastern time. it is wednesday, january 4th. check out the markets, please. in the green now. we've had some reversals. dow's up 60, nasdaq's up 30. show me big tech. some reversals there as well. we have meta up nearly 2%. apple, okay, or it's at $12 the 6 a share, not -- 126 a share, not exactly up there. microsoft, oh, spare me, please. it's down over $12, more than 5%. the yield on the 10-year treasury is 3.69%. i'm looking at microsoft, there goes my retirement. now this. the u.s. is going to impose restrictions on travelers coming here from china. they'll need a negative covid test before they get on the plane. china is not the happy. they're threatening retaliation. they say the restriction, quote, lacks a scientific basis. they're wrong. and here's why. covid is racing through china,

almost certainly producing new variants. we're in the dark can about this because china will not hand over genomic sequence data. in plain english, china won't tell us about any new dangerous variants, and that's why demanding a negative test is legitimate. there's history to. covid is the was first -- covid-19 was first identified in december 2019. no restrictions were immediately placed on travelers leaving china, and the virus very quickly spread around the world. watching the spread, president trump stopped flights from china. joe biden called him xenophobic and racist. that was then, this is now. we're dealing with a country that has never allowed a thorough investigation of covid's origin. was it that bio lab many wuhan? was it the result of change of function research, weaponizing the virus at that lab? we don't know. but it is perfectly reasonable for the administration to take precautions against what could be another covid wave coming if

from china. a dozen major countries have imposed travel restrictions. this is not going to help china's recovery, nor will any kind of retaliation. third hour of "varney" starts right now. ♪ ♪ stuart: just a few moments ago jason chaffetz said on the program that kevin mccarthy is in the for the -- in for the fight of his life, and mccarthy says he's staying until he wins. martha maccallum joins me now. martha, you're in the interesting position of anchoring the 3:00 fox news show this afternoon which will be right in the middle of all these votes and ballots. >> and yesterday we decided we wanted to start the year in washington at the beginning of the 118th congress and, hope are my, speak to some people about the agenda and where service going. so all of that is stalled right

now. it's really stuck in the mulled because they can't do anything until they have a speaker. they can't assign committees, they can't even become representatives, not representative the-elects at this point. there were meetings in representative tom the emmer's office last night where they brought together some of these no voters and those that hope to persuade hem. not a lot of traction at point. kevin mccarthy and his allies say that they are dug in, that it's going to happen, her going to pull those people across the finish line and make him speaker of the house. this is a very -- you know, as a political scientist, someone who watches politics, anybody who is interested in this is going to be watching every mover very closely here, because this is a fascinating exercise. there are those who say let the battle play out, you know? this is important, reform is important, fiscal responsibility is important. they want to see some pushback on some of these ideas, and so, you know, let it play out.

stuart: but mccarthy doesn't have the votes at in this point unless a lot of people change their minds overnight. he doesn't have the votes, so other names have to come forward. got any ideas? >> well, it was very interesting yesterday to watch it go from andy biggs and jim banks and even lee zeldin in the mix and then by the end of the day you had all of those flip to jim jordan can, and you had byron donalds from florida change his vote. he's the only person so far who has changed from mccarthy to jim jordan. jim jordan says he doesn't want the job, but some of this reminds me of paul ryan when he was coaxed into the job. he didn't really want it. of course, that all happened before they got to this point. they had already made that decision before they got to this point. so, yes, there will be other names that i think come into the mix. out stuart it's getting really nasty, season isn't it? this is really chaotic -- >> yeah, there's no getting around the fact that there's a lot of personality involved in all of this.

stuart: what do you think of former president trump? if he weighed in this morning and said, hey, get out there and vote for mccarthy. >> it might be too little, too late. if he had been making phone calls days ago, he might have been able to talk some of these 19 people then into changing their minds. but we'll see. i mean, it was a clear message this morning that he put out on his truth social network, but whether or not it's too little, too late, we'll see. stuart: can such a divided party have any impact on president biden's agenda going bard? >> well, you know, you could tell from president biden's comments this morning when -- stuart: he's having a blast. >> -- that he was enjoying this. he said no problem in my branch of government, but congress is having some real problems and, you know, hopefully they can work it out. no, there's no -- the majority was so slim, this is why kevin mccarthy worked so hard for the last two years to get people across the finish line, to support them in their districts, to have a very diverse, you know, political choice for

people across the country and fell short, you know? talked about a red tsunami, it didn't happen. and now you're seeing that narrow margin has left him in a very difficult position which he anticipated and tried to prevent, but it didn't work. stuart: i envy your position at 3:00 this afternoon on fox news channel. you're going to be the right in the middle of it. >> stay tuned, everybody. stuart: that's "the story," 3 p.m. eastern. thanks, martha. back to the markets, please. dow is up 39, nasdaq is up, let me see, 23 points. modest gains across the board. mark tepper with me this wednesday morning. all right, can you summarize your outlook for the market in 2023 in 60 seconds? if. [laughter] >> i'm going to take that challenge. institute you can do it. >> i expect, economically i expect a recession in the late spring this year. i expect as far as the s&p goes, earnings to drop 10% this year, actually come down 10% from

2022. however, i expect the stock market to possibly finish higher at year end. it's going to be a roller coaster ride as we kind of go through the year. i expect though that we'll probably bottom out in the third quarter with, and then we'll have a nice year-end rally to the to get us back to 3900, maybe 4000. stuart: okay. that's a pretty positive outlook as long as you can wait until the end of the year. now, a lot of folks on the show have said this may be the start of the lost decade like the 1970s which you don't remember, but i do. the market went absolutely nowhere in 10 years. >> that's painful. stuart: is it going to be a repeat to that? >> i can't see a year in front of me, let alone ten years. [laughter] what i will say is that if there was a theme for this decade, and we kind of go back to the theme from the 2010s, the theme of the 2010s was the death of active management. passive management worked, the rising tide lift ares all boats.

all the money flowed into etfs. i feel like this decade the theme is going to be a reversal of last decade's trend. active management is going to win. there will be winners, there will be losers. it's all about really identifying those companies where you have the best opportunity, and i think those opportunities are going to exist in companies with reasonable valuations, with strong cash flow. stuart: you're talking up your own book because you are an active manager of other people's money, aren't you? >> shh, don't tell anyone. [laughter] stuart: stick around, son. you're here for the hour. microsoft, by the way, down $12. lauren: sorry. stuart: let's start with boeing which is up nearly 3%. lauren: and through 200 for the first time in 10 months, up 80% just about from the low in june. the next catalyst next week, tuesday delivery data, and the u.s. army has awarded boeing a $420 million contract to produce jets for the egyptian air force, but that's a nice sum of money.

stuart: i'm interested in netflix. what are they doing today? lauren: me too to. you know, the stock's up about 4%. the trend overall so far in this early year is the losers last year, for the most part, are the winners this year. netflix would be one of those names. a $304 price target, you're saying, so what, it's at 306 right now, but they do like the long-term opportunity that the ad tier the offers for netflix. stuart: o.k.. honeywell. they're down. ubs -- it's ubs that clobbered microsoft. now what are hay doing to -- can't read it. lauren: honeywell. double downgrade. go all the way to sell. you don't see a lot of double downgrades. the stock was a winner last year, so it's too expensive, that's their point. they say to look at orders, they're slowing. they say this stock at 208 is worth $193. stuart: and they're saying sell it. not just is hold, no, sell that thing. thanks so much, lauren. more people want to buy an electric car, but there's one

thing holding them back. we'll tell you what it is. a former ge worker sentenced to two years in prison for trying to steal company scents and give them to china. we're on it. the mayor of new york is fed up with the border crisis. roll tape. >> it is a real embarrassment. this is a national issue, it must have a national response. stuart: by the way, denver is starting to bus migrants to new york city. former acting i.c.e. director tom homan takes that on. tom is next. ♪ -- and take it to the limit one more time. ♪ take it to the limit, take it to the limit ♪ directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patents say: “you know doc, it really works."

stuart: the white house was pressed on whether or not the border is secure. roll tape. >> reporter: does anybody around here think that the border is secure? >> what i can el you is, this is a president that has been working since day one to work on border security, to make immigration a priority. but you have republicans, as you know, who are doing political stunt ises. this is anish issue that the president has taken very, very seriously since day one of his administration. stuart: kjp seems to be blaming the republicans for the border crisis, which in my personal opinion is president biden's fault. the gentleman on the right-hand side of the screen is the one and only tom homan. tom, you think the border crisis is by design, don't you? make your case. >> yes, i do. and i wish he would have asked the follow-up question, okay, so, ma'am, can you el me one

thing -- tell me one thing that president biden has done to help secure the border? she'd be lost, because he hasn't done anything. look, bottom line is we, when i worked for president trump, we handed this administration the most secure border in my lifetime. the data proved it. illegal immigration down 83%, at a 45-year low. then they took it and turned it around in a matter of months. president biden signed over9 -- 90 executive orders basically aa bollishing everything that we set up -- aboll abolishing everything we set up. this is incompetence by design because they know how to fix it. even if they don't like all the trump policies, they can brush off the remain in mexico. even if title 42 goes away, they can reinstate remain in mexico. the federal counts have said that's legal -- courts have said that's legal. they wait south of the border until their hearing. they're not trying to fix it. they haven't done one thing to slow flow. the secretary can't name one thing he's done to secure the

border. he sends more resource pros to process and release people. -- process and release people. and when you do that, the cartels sell that as a product. look, you're not even going to be in detention for an hour. they'll give you a plane ticket to the city of your choice. this is by design, absolutely. stuart: president biden goes to mexico, i think in a couple of weeks. do you expect anything from that visit? >> no, not when it comes to border security. he's been there two years. they've had their chances. he hasn't even been down the to the border one time. we've got the biggest national security crisis in this nation's history, and i said because of this: when you've got 80% of the agents pulled off the line to process people, that means the border's wide open. they've arrested 117 suspected terrorists. they've got 1.2 million gotaways. i why wouldn't a terrorist try to get a vis a vis -- visa or a

plane ticket when he can go across the border and not get arrested? this is the biggest national security failure since 9/11, in my opinion. stuart: seems like democrats are turning on each other. the democrat governor of colorado, he's busing migrants from denver, sending them to cities like new york, a democrat city. and the democrat mayor of new york, or he's looking to the white house and blaming the white house for the problem in the first place. is this progress at all, democrats blaming each other for the mess? >> yes, it is, because what governor abbott and governor desantis did when they sent illegal aliens to sanctuary states, they put it on -- if it wasn't for network, no other networks were covering it. but when they did this, you got democrat mayors and governors talking about it. this puts it on the front page where every american sees even if you're watching these other networks, you want to know what is this argument about between the dems?

you've got democratic congressmen and senators now speaking up. i think it put it back on the front pages so, hopefully, republicans take the house and there'll be oversight hearings on what's happening on that border to educate the american people. stuart: trouble is though, yeah, we do have a small republican majority mt. house, but they can't agree on a speaker. nothing can even start until they've got a speaker. they are hopelessly divided. i've got to say, tom, that is another big negative for any form of border control. what do you say? >> my contacts on the hill are telling me they're not even talking about a border security bill right now. so you're right. look, i called out the 18 republican senators that voted for the omnibus bill that didn't give one dollar to border security, but it gave millions of dollars to ngos to process and release the aliens into the country more efficiently. so i'm very disappointed. it's not just a democratic issue, democrats' failure on the border. there are some republicans who

have failed. and i'm hoping when it finally gets settled they have more oversight hearings. subpoena the right information and right people. i'll help them. and once the truth comes out, even some of the democratic senators say, you know what? i'm up for re-election in 2024 in a tough battleground state, i'm going to have to pick a side. do i pick the side of truth or do i continue to ignore crisis. i think you'll have some democratic senators in congress demand the white house takes action. stuart: wouldn't that be a wonderful thing? tom ho-homan, thanks for being with us, it's always appreciated. >> thank you. stuart: now this, a former ge worker sentenced to prison after conspiring to steal company secrets for china. what more do we know about this, ash? >> reporter: is that a huge surprise? good morning, stu. the 59-year-old chinese national worked as an engineer specializing in turbine sealing technology at ge's facility in

schenectady, new york. prosecutors say this engineer used his position of trust to steal what they say was innovative ge technology for china a-based companies and universities that research and manufacture parts for turbines. in other words, they're stealing the technology. china denies the allegations, no big surprise, and the engineer pleaded not guilty, but a jury has sentenced him to two years in prison plus another year of supervised release. u.s. authorities say, look, the chinese government poses the biggest long-term threat to u.s. economic and national security through its unprecedented efforts to similar simply -- simply steal critical technology. 9 another example, stu. stuart: by the way, ashley, thanks for all the hard work you did whilst i was sunning myself -- ashley: oh, my pleasure. [laughter] good for you. stuart dow's human 60, nasdaq up 50, s&p up 22.

damar hamlin is showing signs of improvement after suffering a cardiac arrest on the football field. his family just gave a hopeful health update, and is we've got it for you. beijing threatening to impose covid restrictions on travelers from china, they will take unspecified countermeasures. no, they'll retaliate. let's see what kt mcfarland thinks about that. she's next. ♪ ♪ you ok, man? the internet is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise

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see what else we can find here. wow, i'm getting good at this already. now on sale, at ancestry. ♪ ♪ ♪ the stars at night are big and bright -- ♪ deep in the heart of texas ♪ muck. stuart: i remember this song. it's from the 1950s. a little boy watching the bbc and watching gene autrey. deep in the heart of texas. that is austin, texas, by the way. it's the 60 degrees there right now. susan: my brother lives there. stuart: oh, yeah? very liberal city, unfortunately. [laughter] susan is back with us looking at the movers, and what have you got? susan: let's start with chinese internet stocks because they are leading the nasdaq today. up 8.5%, 10% in some cases, and it's because alibaba's financial arm, ant group, the paypal plus of china, got the go ahead to

raise $1.5 billion. so that signals that the chinese government no longer trying to clamp down on big tech, and that's because they need to get their economy going once again with the covid disruptions. also remember back in 2020 beijing killed a $37 billion ipo, fining the tech giants billions of dollars. but the chinese internet socks are up 40% roughly from october lows, and analysts say you could make another at least 8% more on the sector. stuart: i missed that too. susan: 8%'s not bad in a down year. stuart: i would take it. general motors. susan: they sold around 2.25 million cars, taking back the title from toyota. and, yes, you're going to ask me about tesla. tesla only sells 10% of what toyota does in a year, and tesla used to be worth all the carmakers combined, all the

other carmakers combined. and we're looking at it was the lowest close for tesla since 2020 yesterday. tesla's lost about $900 billion in value over the past year. but, look, another down competitor, rivian is at a 52-week low after missing the production target for 25,000 cars. they were short by 700. oh, hey, rivian's back up. look at that. they were down about 5% just a few minutes ago. stuart: back up now. now, you've got to deal with microsoft, because i'm really hurting. susan: that's the only reason i'm doing it, just to rub it in, to be honest. [laughter] stuart: you're killing me. susan: it got downgraded by ubsed to. it's a hold, not a sell. their concern is they have cloud and office, but the average analyst out will the is calling 290 for the stock, so you're still going to have a pretty good year. but i really want to talk about future tech. i mentioned the possible google killer, chat bbt that microsoft invested in which is artificial

intelligence, really impressive. i tried it over the holidays. you just type it in, it's machine learning. i can teach it to write my diary entries. stuart: did it work for you? susan: there's some kinks, obviously, but it's still pretty impressive. is it going to be the terminator skynet killer? no. but it's still impressive technology. stuart: thank you, susan. maybe i'll try it. probably not. [laughter] i am told that china is pausing investments in the chip industry there because they're trying to deal with the covid surge. mark, that on the face of it would seem to be good news for u.s. chipmakers. >> i would think it is. i also think it's good news for the u.s. economy overall as well. china seems to have been gaining ground on us economically over the course of the last few years, and i think what we're seeing right here is the exact result of their three years of zero covid policy where they didn't gain any ground, right? so hopefully we have another three-year advantage on them.

stuart: good to see intel i moving up just a little bit this morning. all right. china is threatening to retaliate against countries which have imposed covid testing rules for travelers from china. america's included in that list. gillian urner's with me. what -- turner's with me. what's the administration's response? >> well, so, stuart, the white house right now and the state department are both warring with senior chai these officials on whether these restrictions are, quote, based on science. we've heard this before. insisting that the biden administration follows the science policy all the way. listen. >> this is an approach has based solely and exclusively on science. ever since the earliest days of this administration, we have ban based these types of decisions -- that are made, by the way, by the cdc in close consultation with the department of state and others, but that are based on science. finish. >> the chinese communist party's foreign ministry yesterday accused the u.s. and a growing

list of countries who are now restricting chinese travelers of being politically motivated, unscientific. they also vowed revenge. the white house responded to those threats yesterday. listen. >> there's no cause for retaliation here. just because countries around the world are taking prudent health measures to protect their citizens. this decision is based on public health and science. >> well, the u.s. is requiring travelers from china over age 2 to show a negative test taken within 48 hours of departure. the list of nations requiring similar measures now includes at least 14 countries and counting. italy became the latest country to begin testing all arrivals from china after almost half of the passengers on two recent flights to milan were found of the virus. just breaking now, the chinese foreign minister apparently earlier today accused the u.s. of spreading covid. they say this: if the had not politicized the pandemic at the

very onset, but responded positively like what the chinese government did, the covid-19 situation both within the u.s. and worldwide would not have developed as it has today. quite an accusation -- can. stuart: yes, it is. [laughter] you saved the best til last right there. gillian, thank you very much, indeed. kt mcfarland's with me now. what do you make of this? first of all, china's threats to retaliate against us. and then the chinese foreign minister just moments ago saying, hey, it's our fault. we're spreading stuff. what do you make of all of in this? >> this is exactly what they did when the first covid vaccine, when the first virus started spreading around the world. they had closed travel within china. you can't travel within china if you're an american citizen. and remember, if you're trying to go to china right now -- first of all, they've restricted the number of planes, the number of visas, and even when they, quote, open up in january,

they're still going to require covid tests to enter china. what they've dropped from the inbound travelers, they just dropped the quarantine. so if you want to go to china, you've got to get tested. don't you think it's fair we ask them to be testedded as well? i think a lot of what the chinese are doing right now if is for their own domestic consumption. they know it's hypocrisy. they're already testing foreigners inbound to china, so they can't sort of ramp that up. i think it's for their domestic audience which they've lockedded down for three years, a domestic audience which is really angry at not being able to travel, slow economic growth, not having access to a lot of western goods, and so i think they're telling their a own people, oh, see, we're sticking up for you. if the west tries to slap covid restrictions on you or tests for covid testing before or after, we're on your side. i'm not going to make much of this.

stuart: elon musk is going to release the fauci files from twitter in coming days. are we winning to get to the bottom of really where covid originated? >> well, i sure hope so because we're never going to get to the bottom of it from china. they're never going to release any information, whatever information was existing in that wuhan lab has already been scrubbed over the last three years. i hope we find out what fauci was up to, what the nih involvement was because i, as somebody who was in the early days of the trump administration, i'm concerned that were we funding any of this? you know, the obama administration shut down what's called gain of function research. that's where they take a pretty harmless vaccine and soup it up to make it more lethal and more con ajuice. the obama administration banned it. and in the early days of the trump administration, somehow maybe that gain of function research funding was turned back on. when i was in the white house, we didn't know anything about this. so hay certainly weren't seeking

permission from the president of the united statesover from the national secure security council, so were they doing it, and if so, were they doing it even if it was two or three hands removed, were they doing it in china. those are huge questions that the american public really deserves an answer to that. stuart: yes. kt, always great stuff. see you again soon. kt mcfarland. >> thank you, stuart. stuart: move over, rory mcilroy. there's a new golf robot that can sink a putt with ease. we'll show it to you. more than 100,000 people will head to las vegas this year for the annual consumer electron ins show. kelly o'grady is there with a preview before tomorrow's kickoff. kelly is next. ♪ vive -- viva las vegas, viva las vegas. ♪ how i wish that there were more -- measure

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and it's important, fox news reporting that the house may try to adjourn for the day shortly after gaveling in. i guess that would mean that there's more time to change votes. i'm speculating, but it also means that mccarthy does not have the votes at this time, so he wants more time for haggling, horse trading and changing of votes. but that is important. they will try to gavel to close business for the day as soon as they open, about 12 noon. let's see how that turns out. all right, let's get to the golf robot. it can navigate a ball on the green, analyze the shot. it's called golfie. it was created by students in germany. they use a 3-d camera to take photos of the surroundings, run that picture through an algorithm. that finds the perfect putt line as well as the distance control. the students say golfie hits 70% of the shots it takes. didn't i see something like that

in "caddyshack" 40 years ago? >> you bet you did, rodney dangerfield. he had that thing mastered. [laughter] remember those google glasses that were so stupid no one wanted to wear them? let's put that algorithm right in the google glasses, that way i can wear them on the golf course. it'll run that algorithm, tell me exactly where to hit the ball and how hard. stuart: you've still got to control your muscles to make it just right. [laughter] next case, the consumer electronics show kicks off tomorrow in vegas. ces hopes to be back to pre-pandemic levels. kelly to grade's there. -- kelly o'grady's there. how many people showing up this year, kelly? >> reporter: stuart, we're expecting about 100,000 to come to vega gas this year, but for some context, it normally draws along the lines of 180,000, so there's still a long way to go. these halls that you're seeing,

tomorrow they're going to be jam-packed with tech-hungry attendees. st a big media preview day. one of the big differences versus last year is that all the big names are back. google, amazon, meta, they're all expected to exhint, so some big -- exhibit. some big product reveals already, there was a pillow that keeps you from snoring that i saw last night, and we actually got to get a sneak peek of what we're going to see this week, a big focus here on the metaverse as well as auto-mobility, a.i. and the wearables and fitness tech space. but this conference is coming at a unique time. the industry is struggling with signs of slowing demand for big ticket items like the iphone. venture capital funding was down 50% in the third quarter of 2022. of course, tech workers were laid off last year in the thousands, and you can see the impact that economic uncertainty, of course, as well as the pandemic is having on the small companies at ces.

1300 start-ups attended in 20 to -- 2020, just over 1,000 are expected this year. things are off to a little bit of a rocky start, we've heard from some companies that their big displays are delayed because of shipping, but we'll be bringing you cool badge gents all week, stuart. stuart: can't wait. kelly, thanks very much, indeed. a new survey, there's loads out there, this one shows more people want to buy an electric vehicle, but they have their concerns. ashley webster, what is the problem? ashley: yes? i wonder if they have a survey on surveys. you know they probably do. [laughter] anyway, the big problem, there's a variety of reasons why there's concerns about evs. perhaps the most important one is the actual cost of going electric are. a survey by detroit shows nearly 7 in 10 potential ev buyers in the u.s. expect to pay less than 50 grand for their next vehicle. for an ev, that may not leave a whole lot of choice. for example, tesla's popular

model y starts at $66,000 while ford's miss tack mach e -- mustang. despite the high prices, the intent is up 3% year-over-year while plans to buy gas-powered vehicles have dropped to 62% from 68%. i think once they get the infrastructure many place and people don't suffer from charge anxiety, maybe ev sales will pick up even more. stu. stuart: got it. hank, ash. show me the stock price of rivian, please. they built just 24,000 electric vehicles last year. that fell short of their goal of making 25,000. tepper's with me. rivian's value, it's gone straight down over this past year, over 14 months, actually. >> yeah, from $101, i think it peaked out at. stuart: yeah. can it rebound? >> look, i think the fact that both rivian and tesla missed

their targets in 2022 during a year when we were all dealing with sky high gas prices, that doesn't bode well for evs overall and, in fact, i think what it really cements in place is the fact that the runway for adoption for evs -- i know the left wants you to think everyone's going to be driving an ev in 10 years, it's not. it's going to be 25 the-30 years, a much longer runway. stuart: really? you stretch it out that long? >> if you let the free market ache it, absolutely, it's going to take that long. as we're looking at rivian in particular, investors do not like any companies that are burning cash right now. and that is a big red flag. investors want companies that are generating earnings, generating cash flow, even company that are paying dividends. and rivian as a young baby kind of start-up company, they're a long way away from realizing profits. stuart: interesting. show me the dow 30, please.

this market is looking pretty good at the moment because with i see, let's see, 25 of them are on the upside, and the dow is up about two-thirds of 1%, a 200-point gain right there. and then there's this, the family of buffalo bills' player damar hamlin says he is fighting in the hospital two days after collapsing on the field. question: will this incident lead to any changes in the uniform, the a padding or even the rules of football? former football player and brain injury special chris carr joins us next. ♪ ♪

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stuart: damar hamlin's family says he had to be resuscitated once after suffering cardiac arrest monday night. the 24-year-old is in critical condition, he's on a vent9 later, but his uncle says he is trending upwards in a possible way, end quote. hamlin's family says: we're deeply moved by the prayers, words and donations from fans around the country. hamlin's toy chairty has raised $6 million since monday, and fanatics, the sports apparel company, will donate all the money from hamlin's jersey sales to his charity. pleasure chris carr is with us. he's a former nfl player and a

brain injury specialist. he joins me now. chris, the nfl has to deal with the fact that football is a very high impact game. does the league need to make any changes like to uniforms, to the the padding on the chest, for example, or the rules of the game? any changes require required, chris? >> the nfl over the past 15 years, they've made a lot of changes. when i was playing, my last years playing, we still had the option to wear the former helmets which provided less protection, and now all the players regardless of their preferencing have to wear a special helmet for every game. they've also changed a lot of rules. you can't hit people as hard or come across the middle -- stuart: okay. look, chris, hold on a second. in your opinion, is a change required, because this incident may have been the result of a direct blow to the chest right around the heart. do you think it's needed, to get

more padding in this area for a player? look, football's not my sport, so i may be out of my depth on this one, but what do you think? >> um, i, i'm not sure. maybe if this was the type of incident maybe they should do some research and find out, but this seems like it was a very rare thing. this is something i've never seen before and none of the other nfl players i've heard speak about the subject have heard about this before, this type of injury. so i think having procedures in place to make sure that the players are receiving the type of protection they need just in case there is a head injury on the field, that happens all the time in the nfl. stuart: i'm told hat danger here in terms of his recovery is that when his heart stopped, blood flow to the brain was interrupted, so oxygen didn't get to his brain. is that what everybody's worried about right now? >> yeah.

when you have a knoxic brain injury with the deprivation of oxygen to the brain, that's -- you can have brain damage from that, and that's something we probably should be worried about. this is his livelihood. -- [inaudible] right now because he might not ever be able to play. it shows the severity of the game. stuart: hey, chris carr, thanks for joining us today. much appreciated, sir. thank you. >> thank you for having me. stuart: mark tepper, you work with football players. >> yeah. stuart: what are the talking points within the nfl about this? >> first of all, i just want to join the chorus of prayers for damar and his family. we're working with football players, we're building out their financial plans, managing their money, and we're planning for, you know, rare events. we're planning for them getting cut early, for them having a career-ending injury, but this is not one of those things you plan for. i mean, this is, to extreme, you know, something of this magnitude, it's not something you can plan for, and i think there's just a lot of confusion. they're very distraught right

now. this was, like, the chances of this happening were slim to none, but it happened. and to your question about changing, like, the uniforms and things and and pads and things like that, the only thing i will make mention of is if you look at, like, a football player from the '80s versus today, the shoulder pads were much bigger then. now, i'd assume they got smaller and more effective over time, but there was mored padding back in the day. stuart: thank you very much, indeed. here's the wednesday trivia question. where's the geographic center of the lower 48? kansas, oklahoma, missouri, nebraska. where is the center of our country? the answer after this. ♪ ♪ medicine cabinet! less sick days! cold coming on? zicam is the number one cold shortening brand! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam. zinc that cold! we got the house! you did!

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stuart: this show is three hours long. the last 60 seconds is often considered the most enjoyable part. this is the question, gee geographic center of lower 48. you first, ash. >> kansas, how about that? stuart: i'm saying missouri. >> i'm going nebraska. stuart: nebraska. the correct answer is, kansas. ash, you win that one. i always get confused with that one. thanks everybody for being on the show. mark, ashley, all good stuff. time is up for me but neil cavuto, it's yours. neil: thank you, my friend. we'll see if we can follow up what you got cooking there. we're looking at dow in and out of session