confidence story. and the one with thing this whole experience does not do is bolster one's confidence about the management of our country. maria: that's right. >> you know? it seems like this is just another example where a weak u.s -- maria: yeah. >> -- has led to real destabilization around the globe. maria: yeah. >> so that doesn't boost confidence at all. maria: our adversaries are watching weak leadership, and they are acting on it, unfortunately. very good conversation, everybody. we so appreciate your time. thomas hoenig, jerry storch, stephanie pom poi -- pom boy, joe concha, cheryl cheryl casone. dow industrials up # 18, the the nasdaq is up 6 a 5 and the s&p higher by 15.25. we'll see you again tomorrow. "varney & company" picks it up. stu, take it away. stuart: good morning, everyone. escalation in the war. israel is now fighting on two fronts, lebanon and gaza.

1200 people killed in israel since saturday, october 7th. that's israel's 9/11. other developments, there are reports that u.s. hostage negotiators are in israel. there are also reports that special operations troops, the seals and delta force, have been moved to a nearby country ready to act if israel requests. inside gaza palestinian media reports the death of a cofounder of a hamas killed in an israeli attack. the the city is now dark, their power plants have run out of fuel. and we're now learning the full extent of the terrorist depravity. we will not show you all the terrible pictures, but we will tell you what was found in the villages hamas attacked. people shot in the streets, shot in their homes, bodies burned, women raped and, yes, babies beheaded. and we'll show you what happened when our own hillary vaughn confronted rashida tlaib. these people have no shame. to the markets. a modest rally for stocks despite it all. producer prices up a strong 2.2%

in the last 12 months, the dow is rallying. you're up about 130 points for the dow, 70 up for the nasdaq. interest rates holding at remtively -- relatively low levels. 4.57, that's the 10-year yield, and the 2-year still below 5%, you're at 4.9 8. the price of oil, little changed. we're looking around $85 a daryl. gas continue -- a barrel. gas continues to fall, down another 2 cents overnight. the national average is $3.66, diesel at $4.49. politics, steve scalise and jim jordan square off in the speaker's vote today. kevin mccarthy has dropped out. nows, there is a chance that they stay behind closed doors until a speaker gets elected. good. no help for israel or ukraine until someone gets the the gavel. the democrat party can't even condemn the beheading of babies. it is wednesday, october the

11th, 2023. "varney & company" is about to the begin. ♪ ♪ stuart: right to it. more than 1200 now dead, confirmed dead in israel including 14 americans. all right, lauren, take us through it. lauren: that's the most jews killed since the holocaust. that's another way of looking at it. and on the this day five of war, 4 p.m. this in gaza, and it is about to be dark. gas saw's only -- gaza's only power plant shut down, there is no fuel. and the scale of saturday's massacre is coming to light as these images of the acrossties emerge. concern atrocities emerge. israeli troops are amassing on the border as they prepare to strike gaza. they're selling targets -- shelling targets to the south, but they're also fighting hezbollah in the north, so it is a two-front war. the first shipment of u.s. weapons has arrived. secretary of state antony

blinken is leaving for israel today. he will go there to help assess what they need amid concern of a wide or conflict with, yes, lebanon and syria backed by iran and possibly iraq. stuart: understood. fox corporation has made a $1 is million donation to the united jewish appeals, also known as uja. they're mobilizing urgent relief to those affected by the atrocities in israel. please use the qr code or go to uja's web site directly, it's on your screen. president biden spoke on the war in israel yesterday. roll that tape, please. [no audio] >> -- bloody can hands of the terrorist organization hamas, a group whose stated purpose for being is to kill jews. this is an act of sheer evil. more than 1,000 civilians slaughtered. not just killed, slaughtered in

israel. among them the, at least 14 american citizens killed. we must be crystal clear, we stand with israel. we stand with israel. and we will make sure israel has what it needs to take care of its citizens, defend itself and respond to this attack. stuart: karl rove joining us this morning. karl, do you think president biden showed leadership yesterday? >> yes. i mean, look, this was raw and emotional and personal for him. he has has relationships that goes back 50 years as a young senator, he visited israel, met with the famed gol -- golda meir. and she said to him we have in israel a secret advantage and that is we have no place else to go. in other words, we're fighting for our very lives and the existence of the jewish people. so very strong, very effective. now he's got to to back it up with actions. he was not the only leader to be heard from in the louisiana 36

hours -- leader to be heard from in the last 36 hours. france, italy, the united kingdom joined with the u.s. in a very strong statement that was a blunt warning to hezbollah and their iranian backers saying now is not the moment for any party hostile to israel to exploit these talks, and the u.s. is backing it up by sending a u.s. aircraft carrier battle group to the eastern mediterranean. stuart: the scale of the terror, does that change the equation? and we've been describing true atrocities now for the past 24 hours. when that the emerged into the big picture, does it change the equation? >> i hope it does because it is a reminder that evil exists in our world and that the hatred of people for, of some people for the jews is a cancer that must be eradicated. and, yes, i, you know, with these -- let not these people have died in vain. at least the memory of how they

left this existence remind us of all of the reville that exists in the world -- evil that exists in the world and the specific hatred that some groups have for israel. stuart: do we have the resolve in america, israel, europe, the resolve to see it through, to crush hamas and maybe hezbollah too? do we have the resolvesome. >> well, that's a big question, stuart. you're absolutely right to bring it up because this is not going to be easy. this is not going to be done many if a few days or weeks. it is going to be -- and it's not going to be done surgically. this is the a very small piece of territory that is occupied, 2 million people live in it, and hamas has little consideration for the lives of other palestinians. it has no consideration for the life of jews, but it also doesn't care about its own people. so rather than -- they're going to embed themselves in these neighborhoods. some of their people are trained and so are more likely to act as what we consider traditional

military, but a lot of them are rabble. take a look at -- what kind of, what civilized military would consider it important to behead 40 babies? stuart: right. >> what military would consider it their mission to take elderly pensioners and put them on golf carts and drive them into sw gaza and put -- hide them in this tunnels as hostages. stuart: karl, thanks for being with us morning. i do believe it changed the equation. we'll see you again soon. >> it did. stuart: yes, sir. let's get to capitol hill, domestic politics. the house needs to elect a new speaker -- lauren: sure do. they'll meet to vote by secret ballot today at 10:00, so shortly. 47 house republicans have publicly endorsed jim jordan for speaker, 31 getting behind steve scalise. there is another coalition getting behind a renomination of ousted kevin mccarthy, but punch bowl news reports he's not interested. thank you, not interested.

if house republicans ultimately believe a member has the votes to win, then they will go to the floor if for a vote. so, yes, it is possible that the house does elect a speaker today. stuart: okay. and they may stay behind closed doors million they do -- lauren: as they should. because this has been a nightmare and an embarrassment for americans, particularly republicans. did you see this? congresswoman nancy mace, she was one with of the eight gop members that that ousted mccarthy, that was her vote. she's getting a lot of criticism for that, so she showed up yesterday wearing a white t-shirt with a red scarlet a on it. he says she won't be -- can she says she won't be pushed into silence. stuart: okay. i don't think that was call for, but that's my opinion. thank you, lauren. check those markets, please. i see green. dow industrials up over 100, s&p up 15, nasdaq 62. eddie ghabour with us this morning. you say this is a critical week for stocks. are we going to hit new highs? >> stuart, we told our clients

this week was going to be huging in regards to the next 3-5% move in the market because of inflation coming in. if we show that inflation was coming down, we felt the market could take another leg up. but with this ppi number that came in today, that's the hottest number since april. so if we get a cpi number that's hot, i think we're going to see the next move, that next 3-5% actually down, unfortunately, because it shows that we're not close to conquering the inflation data. and it's all about interest rates. if this inflation data gets hot like we just saw this morning, i think you're going to see the bond market go back up to the highs that we had last week, and that's going to put a lot of pressure on the equity market. so it's really more about rates and how the bond market's reacting to the data that as well as the fact that we could have another government shutdown and potentially get our debt downgraded by the end of this month, going into the beginning of next month. there's a lot of potential headwinds here, but this week, make in mistake, is the biggest week for the next move in this

market. it's not a time to do nothing as an investor. stuart: okay. to summarize, if the inflation numbers this week are hot, and they wered today, the market goes down. if they're cooling off, the market goes up in this critical week. that's about it, right, eddie? >> absolutely, stuart. stuart: all right. you're very good at being short and to the point letting us all understand exactly what you're saying. eddie ghabour, see you soon. coming up, hillary vaughn caught up with squad member congresswoman rashid e da tlaib to ask about hamas terror attacks. watch this. >> reporter: these terrorists have cut off babies' heads and is burned children alive. do you support israel's right to defend themselves -- [inaudible] stuart: the congresswoman is usually eager to speak her mind. not today. we'll tell you the full exchange. to onus is on the house gop to elect a speaker now. how fast can they get it done?

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sullivan said there will be no american troops placed on the ground inside israel, 20, as you said, are missing. with we don't know if missing means hostages. the national security adviser adding they're working hour by hour to determine if those missing americans are hostages. other outside groups are taking action. project dynamo, for example, which played a big part in getting people out of afghanistan, says it will start operations in gaza and israel. the cofounder says they will get americans out however they can. there is frustration from americans in israel, a group spoke to reporters yesterday saying that they have had no contact by the u.s. or israeli governments. and these are the stories that we're hearing. levi knew his brother went into their safe house near the gaza border, then saw video of him on social media with a hamas terrorist. >> my brother text me that

it's -- sorry. he said he was terrified. he said it feels like it's the end. he texted all of us that that he loves us. then he heard the gunshots and screaming in arabic. and the last text i got from him was at 9:45 saturday saying that they were coming inside their house. >> reporter: just heartbreaking. so the state department has set up a hotline now for americans that are inside israel and american families that are concerned about focuses inside israel -- folks inside israel. the president will speak in about two and a half hours, we will see if during that speech about junk fees he will talk about the missing americans and what the u.s. is doing about that. back to you. stuart: got it. thank you, edward. congressman darrell issa joins

me now. the onus falls on house republicans to elect a speaker. we can't help israel until congress can act. it's got to be today, congressman. what do you say? >> stuart, we can about act. the authority of the temporary speaker, if you will, is not defined in a way that would limit us. if we have to act, we will act. patrick mchenry will take action. having said that, we do need a speaker. we need to get the clarity going forward, and and that's what we're going to be doing in just a few minutes, is begin the process of putting one candidate forward to be our next speaker. stuart: do you think i could suggest if you stay at it all day behind closed doors until you've got a speaker? i mean, because this division at this particular moment looks really bad. >> well, what looks worse, stuart, is an administration that has not denouncedded iran, that has not broken off all negotiations with iran are, that has not tried to refreeze the $6

billion sitting in qatar, that that has not responded to the fact that iran, through their proxy of hamas, has attacked and killed countless israelis and americans. and they've done so in an unprovoked way. that's what we need to be working on. i want to get a speaker so we can react. react, quite frankly, to an administration that's a day late is and $6 billion -- actually, $50 billion short. stuart: now, president biden has called for local police departments to step up security after the events in israel. you represent california, that's a border state. i put it to you, congressman, that you don't know whether you have terrorists walking on your streets, do you? >> oh, no. we know we do. we know that the amount of people who have crossed into this country in the millions, many of hem completely around any -- them completely around any kind e of even tertiary look, but we have enough people that were on the terrorist watch list that either got in or were found for us to know of course

we have some, and we just don't though how many. quite frankly, that is a separate concern, the fact that america is less secure. but right now america needs to stand with israel. the administration needs to change, completely change its actions toward iran, and and they won't do it, but we need to push them to do it. and that means that this congress needs to act. stuart: do we, america, do we have the resolve to support israel over the long haul when fighting in gaza and elsewhere in the region could drag on for a long time and be particularly brutal? have we got the resolve to see it through? >> well, i have the resolve, and historically we have had the resolve since 1948 to stand with israel. do we have ited today with this administration? you can't say you have the resolve. you can't season them -- send them some equipment when they've been attacked and then continue to negotiate with the country who funded that attack and and who continues to conspire against the free world.

so we need to do both. we need to stand with israel in the sense of military, but we also need to stand with them by lining up the entire world against the terrorist state that since 1979 has kept peace from happening in that region. finish. stuart: congressman darrell issa, thank you for being with us this morning, we appreciate it. >> thank you, stuart. stuart: yes, sir. our own hillary vaughn pressed squad member and congresswoman rashida tlaib on the atrocities committed by hamas. take us through it, lauren. what did she say? lauren: she said nothing. and the silence? bell, it's deafening. watch here. >> reporter: -- terrorists have cut off babies' heads and burned children alive. do you support israel's right to defend themselves against this brutality? you can't comment if about terrorists chopping off babies' heads? do you on done what hamas has done, chopping off babies' heads, burning children alive,

raping women in the streets? lauren: eight times hillary vaughn comment on chopping off babies' heads, and eight times no answer. rashida tlaib is being shamed even by members of the progressive party like congressman ritchie torres of new york and the more moderate democrat josh gottheimer of new jersey says, quote, it sickens me that while israelis clean the blood of family members, they believe congress should strip funding to our democratic ally. stuart: yeah, i think that stays it all -- says it all. thanks, lauren. check futures, please, because i do see a little bit of green on this wednesday morning. dow up 73, nasdaq up 48 points. the opening bell is next, and we'll take you there. ♪ ♪

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traders moreover than investors are looking at what's happening and figure that the treasuries are likely to rally from here as they have rallied as there is a flight to quality with what's going on in the mid if east and certainly what could be a greater conflagration in the mideast. ask and that flight to quality has brought yields down, and that encourages equity informs's to start to -- investors to step up to the plate and buy stuff that's gone on sale. the selloff in august and september led to a lot of shorting, and we've had a lot of shorting in the bond market. now we're starting to see a lot of short covering, and as we come down to some levels where we needed to see some support which we did see in the s&p, for example, markets bounce. i think investors are looking at what the traders are doing, they're short covering because they have to, markets are going higher, and then we have a couple of other historical things. the january effect this year, january used to be a saying on wall street as january goes, so goes the market. well, we had a fabulous january.

s&p was up more than 6%, nasdaq was up more than 10%. we had a great first quarter for stocks, a great second quarter. the third quarter historically doesn't matter. when we have that kind of prelude to the fourth quarter, fourth quarter typically rises between 5-10%. so i think investors are looking forward and saying given what's happened early in the year, we could see a late fourth quarter rally. stuart: well, all right, shah gilani, what are you buying right now? >> really the only safe place is the socks that have gotten beaten up, the ones that always do well, and this is tech stocks. i'm not talking about tech stocks without profits or great revenue, i'm talking about the big boys because they always do well. when they get sold off, investors want to plow back into them because everyone knows that's where the growth is, they're the disrupters, will continue to be, and you're never going to go wrong buying the big tech names on any kind of selloff because they're always going to be the first to rally back. stuart: you're music to my ears. one last one. consumer praise index, i believe

it's out tomorrow -- price index. if it's a hot reading like today's producer price reading was hot, all bets off? >> no. i think it's going to have to be more than hot for all bets to be off. i think the fed is probably done. i doubt that they'll raise again in november. they're going to let the lag work its way through. and given what's happened again in the mideast, i don't think they can afford to increase rates again. things are starting to break, stuart. i've been saying things are going to break. we look at the banks, there are still problems at the banks, so the fed can't afford to raise. i think that gives markets clearing to go higher. stuart: things are beginning to break. very interesting. shah gilani, thanks for being with us. we have 15 seconds to go before the market opens on this wednesday with morning. war is the backdrop. we're looking at a small rally. how about that? okay, we've got 5 seconds to go. the ladies will press the button. looks like the ladies on "the view," doesn't it? thank you very much. away we go. we have opened higher for the dow industrials.

i'm looking at 74 points higher. when we've got all the dow 30 stocks open, i can give you a more clear picture of what's going on. well,s there's the picture, a lot of buying. lauren: up four days in a row. day five of war with, stocks up five days in a -- four days in a row. stuart: identify seen that the before, actually. the s&p 500 too has has opened higher. what's the percentage gain? about one-third of 1%. i'm sorry, the nasdaq composite also on the upside to the tune of nearly a half percentage point. better show you big tech. surely they're all higher. yes, they are, except for apple. down 20 the cents. so what? it's at 178. microsoft up nearly $3. alphabet, meta and amazon are all higher. now, let's have a look at disney. there's news on disney this morning. i believe, i'm not sure by how much, but they're raising ticket prices. lawp lauren yeah. at the theme parks. they're so expensive as it is. so in california can disneyland,

the lowest price remains the same, $104. but all other passes go up between $5-65. so the very popular day pass goes up 8%, $194. stuart: that's one person for one day? lauren: yes. yes. a 5-day pass, $480, which is ab a increase of 16%. florida, disney world, they raised the price of parking, and they raised the price of the annual passes. the most expensive annual pass is $1,449. effective immediately. why. >>? [laughter] why? stuart: they want revenue. if. lauren: theme parks are popular, and they need to make up for losses in streaming. stuart: do they have pricing power? lauren: i think so. stuart: do people still come in droves? lauren: you -- you know, i started that is increase is between $5-65. when you consider the grand scheme of how much the disney visit costs, i think people would buy it.

stuart start big price, $60 billion, they were rivals, weren't they? lauren: yeah. pioneer was one of the most successful names to emerge from the u.s. shale revolution. it has proven resources in the permian. exxon just bought them in its biggest deal since merging with mobil oil back in 1998. so now you have four big oil companies controlling most of the permian basin. huh. stuart: that's like a giant underground lake of oil. lauren yeah. what's the ftc going to say about that? probably nothing. because of the massive drawdown in u.s. drilling, these companies can say, well, we're just a small part of world oil production, and that's the sad reality. if. [laughter] stuart: it sure is. one her many. walgreens, just -- one more. walgreens just appointed a new ceo. it's been a tough year for them. the stock goes up. lauren: yeah. up 5.25. shares are down 40% this year. walgreens is closing stores, cutting jobs, the pharmacists are unhappy, some of them walking out. now a huh correction.

a new ceo, tim wentworth with, he replaces rosalynn brewer. comes from cigna, express scripts, and walgreens is pushing deeper into health care, so i guess that marriage is favorable. stuart: and what's he going to do about shrink shrinkage? lauren: i was reading a story the other day, or when you check yourself out at the self checkout, it's still easy to steal, it really is. a lot of stores are noticing that, so they're starting to get rid of some of the self checkouts. stuart: are they really? lauren: yeah. you check yourself out and you're stealing and you condition get your items because other people have to go behind lock and key. stuart: birkenstock. i know a few things about them, they are a boot -- shoe manufacturer. [laughter] they debut today -- lauren: how much do you think that costs? that sandal? stuart: probably at least $100. lauren: i think it's 120. stuart: a bargain. stuart: and so the is the stock.

valuation, $8.6 billion. i did not though that birkenstocks have been around for 250 years. stuart: really? lauren: that 25 years. but guess who made them super or, super popular? barbie. they made a cameo in barbie, the movie, and now they have all this interest from retail investors. there are risk 6789 what do you think the first risk is? how many pairs of those things do you need? two. and then the second one is the ipo market. we have seen in the past couple months four major ipos, instacart trading below its -- lauren: do you have a pair of those?? -- stuart: do you have a pair of those? lauren: i have several. white pair, pink pair, a leopard pair -- stuart: tell us what you've been buying. amazon's second prime event kicked off yesterday, and i believe you were buying. lauren: unexpectedly, i did. six in ten purchases are actually under $20 do. stuart: whoa.

lauren: i know. what are we buying? kitchen gadgets, amazon brand batteries and clothing. that's what i bought. i've never bought clothing oning amazon before. shoppers spent on average if they calculated the first eight hours, the average a price was $38. stuart: would it be sexist to say that men buy, women shop? lauren: oh, that would be accurate. stuart: just to stir things up a little bit. lauren: that would be accurate. let us though what the viewers think. stuart: careful. [laughter] lauren: i did buy this morning at a, like, three in the morning. stuart: we would like to keep our jobs here, so tell me about thor industries which i believe is a leading rv maker. lauren: yes. they raised their dividend by 7%. the 48-cent per-share dividend payable on november 10th. stuart: one more, the humanning that ceo stepping down -- lauren: he's been there over a decade. that's why these shares are down. he's grown the stock price

sevenfold this his tenure. and he will be replace with by a health care veteran. stuart: all right. is that a wrap of -- do. lauren: i don't know. anything else you want to mow? about me? [laughter] stuart: thanks very much, undeed. show me that big board, please. i feel we've got a modest rally. dow winners, show me that list. walgreens, boots a alliance, and amgen, boeing, intel. microsoft is on the list, up 368. like it. s&p 500 winners, inphase energy, walgreens, caesars is back on that list. the s&p -- no, not the s&p, the nasdaq, please. wall green greens boots alliance, amgen, tesla's on the list at 268. the 10-year treasury yield, please. it's been going down, down a bit today. 4.60 as we speak. the price of gold had been rallying. it's the at $1882 thousand, up $7 on the day. bitcoin, not much change,

$27,000 and change. the the price of oil, $85, 86 -- sorry, $84.92. nat gas at 3.27. gasoline continues to just edge lower in price. the average for a gallon of regular is $3.66. california's all the way down t- [laughter] $5.73. coming up, house republicans scrambling to select a new speak ander. what are they going to do with matt gaetz? ben domenech takes that on. americans, again, stranded in a war zone, third time under biden's watch. we're going to hear from mark geist. he helped 84 americans out of bethlehem on monday and is working on another rescue mission in israel right now. israeli war planes hammered the gaza strip hitting hundreds of targets, reducing neighborhoods to rubble. is israel unified and resolved to destroy a hamas? we'll get into that after this. ♪ ♪

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♪ ♪ stuart: israeli forces responded to hamas attacks on tuesday with war planes firing right into the gaza strip. mike tobin on the ground in israel for us. mike, is it now a two-front war? >> reporter: well, it could be. they're keeping -- there continues to be skirmishes across the northern border. but what you're looking at right now, and you may hear an a israeli jet overhead at the moment. you're looking at the gaza strip where quite clearly there is a front taking place. to the north and south of me israeli troops and armor are massing, waiting for that order to to begin the ground invasion which is believed to be imminent. we know that benjamin netanyahu and the security cab cabinet met last night, but thus far we

haven't seen the armors start rolling. you may hear some booming during the course of this live report. that is most likely the israeli artillery softening the battlefield, something they do ahead of an invasion. it's also, could very well be rocket fire which is constant now coming out of the gauze a strip. -- gaza strip. there was a red alert a moment ago. further north, the town the of ashkelon, we were investigating the latest rocket strike when more rockets came in, and an israeli family took us into their safe room for shelterer. this is the location of the latest rocket strike inside of israel. here's a piece of what's left over, apparently, from the rocket that hit. this is the point of impact, a stone landscaping wall, if you will. and if you look in here real close, you can see a little bit of the rocket. i can't pull it out because it's buried into the ground, but it is still hot from the explosion. you look, the the rocket hit here. the force of the blast went this way, blasted through that fencing, and and there's a house

there. it broke out all the glass. we've got reports of a couple injuries because of in this rocket. it appears right now that the injuries are really just the force of the broken glass that went through the next house over and the individual was hurt -- [inaudible conversations] >> reporter: come on. and you can hear off in the distance some of the impacts from the rockets. and this is a drill that, sadly, people in israel repeat over and over again. and this afternoon a rocket made it all the way to tel aviv. no reports of injuries from that. stuart? stuart: mike tobin, thank you very much, indeed. joining me now is a former israeli defense force soldier. he's with us now. tell me, is israel unified and absolutely resolved to destroy hamas? >> i would say that that before with this monstrous attack happened, there were a lot of demonstrations and a lot of the

split in the israeli people. but when something like this happens, there's only one thing to do, and it is the put every differences aside, focus on the main thing which is saving as much as possible israeli life and destroying the a hamas which is a terror organization such as isis and such as the worst of the worst that we have ever hear about. i want to give you an example about the atrocities that we hearing-impaired of in the past -- acrossty that we with heard of. we got this info that hamas terrorists killed, brutally murdered, slashed their throats and decapitated more than 40 infant babies in their cribs. stuart: yes. >> there are simply no words. stuart: we have been reporting that, eran. we do mow that, for 24 hours it's been on the media in the united states and it is, indeed, a true atrocity. at the moment, it looks like there could be a to-front war

breaking -- two-front war breaking out very quickly. can israel fight a two-front war? >> listen, i've done my military service. i'm hoping to be reenlisted at the moment due to my injuries i can't. but the idf is a strong arm. army. we are, we can take a two-front war. hank through -- thankfully, we have allies such as the u.s. that will help us, i hope that they will help us in the case of this scenario. in the meantime, this is a one-front war. hopefully it stays that way with. hopefully there won't be anymore jewish and and israeli lives being taken. i think that's important for me to say that if with we look at the number of casualties and murders, we're talking about more than 1200 israeli civilians that were murdered. and if we look at it in a percentage point of view, 1200 people this in israel is

equivalent to around 40,000 people in the u.s. and i want to, you to ask yourself and to ask the government and your army, what would you have done? tower stuart right. >> if, god forbid, there was a terror attack and 40,000 americans would have been hurt from that attack. stuart: yes. >> that's what we're facing at the moment. stuart: and it appears you do have the resolve to see this through, even if it's a long and brutal fight. eran levin is, we wish you well, sir. wish you well. >> thank you. stuart: european regulators want elon musk to end the spread of what they call misinformation about the war in israel. lauren: yep. stuart: giving him some kind of ultimatum? lauren: fines equivalent to 6 president of x's annual revenue or a total blackout in the european union if he does not respond to their letter about misinformation on x. he has 24 hours to do so. so europe has a new digital services app. it sets rules on content

moderation. x is accused of not quickly responding to false news reports and out of context reports, videos about, you know, unrelated conflicts, even showing video game footage and saying it was related to this conflict between the israel and hamas. and this is how elon musk is in the crosshairs, because he came in and he cut so many staff, he got rid of a lot of the content moderation and policy team, and they also made it easier for certain accounts to qualify as newsworthy. so europe is saying x is spreading disinformation, and elon musk isn't doing enough, quick enough about it. so now letter and this ultimatum. stuart: so the europeans are the censors here. they're exercising censorship, saying we don't agree with that -- lauren: they want to make sure it's accurate. this is a war that is also going on on our phones. stuart: true. lauren: propaganda by palestine, misinformation, you know, in schools, jewish schools in the u.s. and in israel, parents are being told get your kids off the

app. they don't want them to see the videos. stuart: thanks so much, lauren. right after 9/11 america and much of the world was united. terror was morally repugnant and must be defeated. on saturday, october the 7th, israel suffered its own 9/11. now, as the full scale of the horror is revealed, israel is united. the rest are of the world should be too. that's my take coming up top of the hour. relatives of americans missing in israel plead for help. we're going to hear from the father of a missing 35-year-old. i'll ask him if he trusts president biden to handle this. stay with us, please. ♪ ♪ (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf

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his ex-girlfriend, caroline ellison, took the stand yesterday. kelly o'grady reports. okay, kelly. did she throw him under the bus? [laughter] >> reporter: she certainly did, stuart. she is the prosecution's or star witness. and that is what they wanted out of her, so we're expecting to get more of those juicy details today. she arrived just moments ago, and we've already begun to get details of their romantic e relationship. she met sam when she was an intern, he was a trader, and she said that they were working together while dating, and ftx and alameda, making it very awkward and weird. the prosecution is highlighting a power imbalance and underscore that though sam claims he had distanced himself from alameda, he was very much her boyfriend but, more importantly, her boss. yesterday e in court she kind of looked for him for a while. every witness is asked to identify the defendant. she finally did. she's accusing sbf of directing a number of illegal things for her to do including steal money

from ftx customers as well as create a balance sheet that looked better for investors. the political donations, stuart, also came up. i'll leave you with this, it was very funny, she said that sam thought he had 5% chance of becoming president one day. that's likely not the case anymore. but i suppose the jury is still out. back to you. stuart: got that right. here's what we have still ahead, liz peek takes on the black lives matter chapters celebrating the terrorist attacks in israel. ben domenech on what the u.s. should be doing to help israel. and did biden effectively lead america in his speech? i'll can ask martha maccallum. the 10:00 hour is next. ♪ ♪

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stuart: good morning. 10:00 eastern. israel unleashing fire and fury on hamas terrorists.