tv Varney Company FOX Business November 7, 2023 9:00am-10:00am EST
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>> i always try to get mila's halling wean -- u milo's halloween picture many. it is on my phone, maria, so i'll show you tomorrow. he hat hated it, but i was proud of it. maria: ache a look at markets with the dow industrials negative by about 60 points, off of the lows of the morning. e nas dax'king -- the nasdaq's up 20 the points. we are watching economic data and earnings this week, and we will follow it. we'll see you again tomorrow, even. cheryl casone, thank you so much for being here. great show and we will do it again tomorrow. "varney & company" picks it up now. stuart if you absolutely insist i'll take it away. good morning, everyone. one month after the war began, netanyahu says there may be brief humanitarian pauses for an hour or two but no ceasefire. he says israel may oversee gaza for, his words, an undefinite
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period after the war. the pentagon says there are casualties but gave no details. back home a 69-year-old jewish man has died after a con problem ration with pro-hamas demonstrators in thousand oaks, california, about 40 miles north of l.a.. paul kessler suffered a head injury and died a day later: police investigating this as a homicide and perhaps a him a cite. all right, to the -- a hate crime. all right, to the markets. the dow down maybe 50 at the opening bell, s&p down about 4, but the nasdaq shows just a touch of green. rising interest rates, that's what's hurting stocks at the moment. 10-year's right at 4.60%. the 2-year closing in on 5% again, i've got it this morning at 4.95. gas, here's the good news, down again, $3.40 is your national average, and guess what? the cheapest gas in the country is in,. what do you think can the price is on average, regular?
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$2.87 in,. the only state below $3. diesel, $4.39, down another cent overnight. oil hit $79 a carol earlier -- barrel earlier, that's where it is now. and bitcoin, that's staying below $35,000 level, 34,7 to be the precise. all right, politics. it is rex day in several -- election day in several states. politically, the most important is virginia. governor youngkin has campaign to hold the house and flip the senate. if he is, indeed, running for president, the results today will be very significant. on the hoe later, president biden's base is fracturing and shrinking. trump's base is solid and growing. 40 many wonder the democrats are in panic mode. it's desperation city. tuesday, november 7th, 2023. "varney & company" is about to begin. ♪ muck there. ♪ ♪ sound the alarm ♪
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stuart: okay. all right. it's tuesday morning. a lot of traffic on sixth avenue in new york. maybe the city's picking up a little pace here. lauren: they're going to the polls. stuart: what did you say? lauren: they're going to the polls. [laughter] stuart: there you go. we tart thed with politics this morning. abc news hosts shocked by "the new york times" polls showing trump beating biden in five key swing states. roll that tape. >> this is a wake-up call. this is brightening for not just the biden white house -- frightening for not just the biden white house, not just democrats, but anybody who fears what a return to the a trump presidency would mean. he can win. "the new york times" poll is not the first one to the say this. stuart: todd the pyro is with us this morning. -- todd piro. democrat realize biden can't win, but they can't figure out
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how to get him out. >> inflation and all the bad stuff doesn't impact the wealthy. in term of the horror in their voice, they realize that this poll is real. this isn't the fox poll, even though our polls is beyond reproach. they could say it's overconservative. it is a new york times very sienna poll -- new york times/city yen -- sienna poll. trump lost nevada to biden, so you take all this and you say, okay, what are they going another the next. what is their way to attack trump. and i think the first accept the of that, to answer your question, is to the get rid of joe biden. how do the they do? i don't know, maybe hay cover the hunter biden story and allow people to put pressure on the white house to be like, hey, we've got to get this guy ott out. and and hen it becomes putting a newsom or michelle obama in there or somebody who can defeat trump, because you heard the panic in their voice. they are scared trump could win in 2024, and based upon everything we're seeing, he's on track to. stuart: all right, you stay
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there, you lucky guy. i want to bring many steve doocy at the jukebox diner in manassas, virginia. steve, you're with virginia governor youngkin. if he can hold the house and flip the senate, maybe he'll run for president, is that right? >> well, you never know. one step at a time. hey, everybody, we're talking to stuart varney right now. [cheers and applause] and, of course, the governor of the champion wealth of -- >> great to be with you. stuart, thank you for having me with you. >> there you go. so today is a really big day. ed the is election day. but historically republicans generally go to the polls on election day. but manager's happened that's different this i'm, and that is early voting. and and what happened saturday? >> well, we worked really hard to get republicans off the sidelines to the vote early because we want 'em to make sure that their vote is secure. and on saturday we had a really strong day based on our calculations. we actually won the vote on saturday in early voting going into today. but all that does is put added effort to the make sure that we
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get everybody to the vote today. move 7th, call your friends. -- november 7th. if you know a virginian, call them and tell them to get out to vote. >> okay. so so the big issues, obviously, here in virginia are abortion, taxes and education. which, of course, helped you a couple of years ago. how big is inflation and the economy in because you look at the brand new new york times poll that they were just talking about in new york, and people are hurting. >> yeah. well, of course, through the a hundred events as we have talked to virginians and listened. the number one issue is the impact that the biden economy is having on them with inflation going through roof. they're spending $7000 more a month to the $700 more a month, and they understand that they have to live paycheck to a paycheck. and that's why we're working so hard to deliver tax relief, $5 billion of tax relief, and we're working hard to make sure virginians know it's their money, not government's. this is the number one issue. i understand that abortion is an
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issue for some voters and, therefore, we wanted to to be the really clear, we back a bill when a baby feels pain at 15 week. the other side wants to extend abortion all the way up through and including birth, and this is a chance to express an opinion between in limits and reasonable limits. and we can get this done. we can bring poem together. but at the top of the issue list is the impact that the biden economy is having on people every day stealing their hard-earned money and making it harder and harder and harder the see the future. >> this, commonwealth of virginia is a blue you should state. bluish shade. -- state. and yet you were able to the win two years ago. when you look at that and you think about, okay, if i'm able to hold the house and flip the senate, that would be good for me, glenn youngkin, maybe in a national way. your, you know, you're going to
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be the term limited. what happens next in. >> well, i'm very focused on virginia, and i've said that repeatedly. and i might argue that virginia's actually a reddish state today -- [cheers and applause] you know, we shocked the nation in 2021 when winsome sears, our great lieutenant governor and jason mayor less, our great attorney general and i, swept the offs. i think we've demonstrate thed that conservative government wins and delivers, and that's what we've done virginia, and i'm excited about what we can do when we hold our house and flip our nat -- our senate. [applause] >> when you look at that new york times poll where joe biden is losing to donald trump, what does that say to you about the state of the race many. >> it tells you how weak joe biden is, and he projects it around the world. his weakness at the border is causing chaos across the united states with drug chaos and national security chaos and
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humanitarian chaos. 9 and the chaos that the he is causing in our economy by not understanding that being energy independent is a strength. by not understanding that run runaway spending causes runaway inflation and weakens us all and and further causes economic weakness around the world. this is an indictment on joe biden and his presidency, and americans understand it. that's why we cannot have him back in 2024. [cheers and applause] >> governor, thank you. throw it back to you in new york. >> thank you very much, steve. and congratulate the governor on his energy, which is extraordinary. thanks very much, indeed. okay. now, we better get to the markets. we're 10 minutes into the a block of our first hour of the show. i see a little loss for the dow, 70 points, but the nasdaq the's up 18 points. we're welcoming a new comer to the to the program this morning, alyssa who is following the markets. great to see you. i want to start with tesla because i know you put tesla la, as you say, mt. penalty box --
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>> absolutely. stuart: -- for the peer seeable future. what does that mean? >> i'm an active invest e and i want to the see stocks outperforming the market. i want to make money, not lose money, and right now tesla is underperforming. you want megacap exposure, i think you look elsewhere. that earnings gap down a couple of weeks ago was a dark mark, and it's in a down trend. so let's see if it can get back above its moving average as, then maybe we'll with consider it again. stuart: wow, you're sow -- tough the on elon musk. >> the time to be in tesla was 2020 and 2021. stuart: let's talk about uber. they reported morning. last time i checked, the stock was down about 2, this is premarket -- 2, nearly 3% now. what did the they do so wrong? >> so it looks like they didn't have a blowout quarter. there was a little bit of a miss on revenue, and depending on the consensus estimates you looked at, i think they beat the facts
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on one, on earnings they missed, so there wasn't a big surprise there. so i think it's also within the options market expectation of the move down 2% or so, the options market was pricing in, i think, a 6% plus move either up or down, and it also had a really big week last week. the stock was up some 15% heading into the report, so it could be a little constructive to see stock pull back depending on how it does it. we don't want to the see a big selloff in the heavy volume, but a gentle pullback could offer or traders another chance. stuart: this is a near 3% pullback to the 46. bear in mind, i own a slim sliver. >> as do i. i want to see it hold above the 50-day line. let's see it calm down a little wit. if it can form a new trading range and clear that, i think that would be great. i want to the buy strength. not too expend tend the -- extended. stuart: alyssa, thank you for
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joining us. come back soon. >> thanks for having me. stuart: coming up, cohost of "the view," anna navarro, doesn't think democrats should wore worry about biden. >> i think democrats need to stop fretting, sop looking at this as a warning and and look at it as a wake-up call. if you want to beat donald trump, stop clutching your pearls and get to work with. stuart: mean while, am biden goes to an amtrak maintenance she would and hands out $16 billion worth of taxpayer money to the amtrak. then progressive rashida tlaib faces backlash for her comments about israel. she linked the president to genocide. i'll ask florida congressman carlos gimenez. he's next. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds.
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♪ stuart: the democrats are divided on israel. congress rashida tlaib links president biden to genocide. she refuses to condemn hamas. that party is, indeed, divided. chad pergram on capitol hill with us. tell me about these efforts to punish rashida tlaib, please. >> reporter: there might be two by the end of the day, stuart. the war in the middle east is fracturing democrats. there's outrage over rashida tlaib for posting the inflammatory trope from the river to the sea is. the israelis view that as a call to wipe hem the out out. the house could vote on two resolutions to sanction tlaib today. >> some debates don't have two sides. prosecute river to the sea means the destruction of israel and everyone who's in the it, okay? just like "mein kampf" is not a coloring book, the congresswoman has a first amendment right, she
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can say whatever she wants. >> reporter: some pro-israeli democrats are wrestling with progressives who back palestinians. aides to john fetterman are divided over his move to the stand four square with israel. but indiana democrat and muslim representative ann clay carson says tlaib deserves to be heard. >> that criticism should not go without an attempt the -- to understand her point of view, her position, where she comes from, the fact that she is palestinian, the fact that she has seen injustice and inequity on her side. >> reporter: marjorie taylor greene tried to censure tlaib last week for supporting ab anti-israeli rally on capitol hill, so two resolutions to seven your tlaib today -- censure tlaib today the after the latest dust-up. >> i think congresswoman greene realized that she wasn't as thought. in concern thoughtful in her resolution as she should have been.
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congressman mccormacking was much more so is careful of his language, protection of first amendment. and so, you know, we'll see which goes forward and how they go forward. >> reporter: now, in the to be outdone, california democrat sarah jacobs introduced a resolution to cent sure or florida -- censure florida republican brian mast. stuart: thank you very much, indeed. rashida tlaib has even linked president biden to genocide. florida congressman carlos gimenez joins us now. what should congress do with her, congressman? >> well, rook, you can't use the rhetoric from the river to the sea. in fact, that means you want to the wipe the jewish race off the faith of -- face of the earth. that crosses the line. so i'll be looking at what the congressman, the newest resolution says. i think that my colleague was absolutely right, representative
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greene wasn't very thoughtful about her resolution, so the new one, i think, may be much bettered worded. you can't say things like that. that is -- stuart: can we just reverse for a second? what would be the reaction if inflammatory language was used about black or hispanic people or gay people? >> right. stuart: somebody would be in prison by now, i'm pretty sure of it. >> well, i don't know that that you're going to be in prison, but i'm sure you're going to be censured by congress. that's the problem that i have. it's not just political, it's that you want to wipe the jewish people off the face of the earth. that crosses the line, in my book. stuart: the democrats are divided on israel. the republicans are not. is that an a accurate statement? >> yeah, it's. and you'll see it -- it is. and is you'll see it in the democrat ranks. they're going to rally around, you know, tlaib, ask we're not. so, you know, look, a lot of people say a lot of dumb things here in congress, okay?
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but there are things that you can't cross, and i think that representative tlaib may have crossed it when she said from the river to the sea. but, no, the republicans are very much united in our effort and also in our unanimously, almost, that we want the help israel and we support israel and what they're doing in gaza. what happened on october 7th was unspeakable. the israeli people have the right to defend themselves, and the only way that heir going to get everlasting police is with the destruction of -- peace is with the destruction of hamas. i think the republican party is behind that. the democrat party, not so much. they are well divided, although i have to say that the majority of democrats do support the israeli effort. but there is a growing number of democrats that don't, and that's very troubling to me. like what you see on campuses around the united states and some of of the demonstrations, you wouldn't have seen that 10, 20 years ago, and now you're seeing more of it. stuart: that "the new york times" poll showing trump leading in five battleground
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states, that's really upset the democrats. congressman, would you speculate for me, what do you think the democrats will do with a biden-harris ticket? >> well, i think if the it keeps going this way, i think you're going to see more and more people say maybe he shouldn't run, maybe he's too old. i think you've seen that. i think mr. axlerod has already said that, he was one of obama's right-hand people. is president obama going to throw his weight around and say, hey, maybe it's time to find somebody else because if we don't, we're going the lose in 2024. you know, it's up to the democrats. but it's looking more and more like -- look, the american people, you know, aren't dumb, and they see what's going on around the world, what's going on here in the united states, what's going on with the border, with gas prices, everything that this president has done is not in the best interests of america or americans. and so his numbers are going to continue to fall because his policies are just plain wrong. wrong for america, wrong for americans. stuart: congressman, thank you
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very much for joining us today. we always appreciate it. >> my pleasure. stuart: congressman dean phillips, he's challenging president biden for the democrat nomination, got that. well, how's his campaign going, todd? >> in one word, machine. and the machine is not letting dean phillips do well. not seeing a lo of support for his long shot primary bid against biden from the minnesota power brokers-donated to his past successful runs for congress. he was even asked by some to the return donations or promise he won't use those funds for his presidential campaign. phillips announced he was running against biden in late october citing his belief that the commander in chief cannot win re-election. a morning consult poll shows phillips with only 4% of support among potential democratic primary voters. stuart: he's just there to make a point, isn't he? all right, check futures please. it is tuesday morning. a little bit of red, little bit of green. mixed market. the opening bell is next. ♪ ♪
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stuart: three minutes to the opening bell, dow's down 30, nasdaq's up 36. mixed market. i want to talk about uber. can you show dethe stock? this is premarket, of course. the stock is down the 2.7%. i thought they gave a positive outlook, but the stock's down. what's the problem? lauren: they did. this is when we have to bring up those expectations again because hair profit and their revenue were good but light. looking forward, which is what investors like to the focus on, yeah, uber's holiday forecast is really good for both their ride hailing but also their delivery. nonetheless, the stock is down. i'll add one detail thing for october they saw record owner hardship. hay grew their revenue by a billion dollars, but both measures lighter than wall street expected, so that's the expectation. stuart: we've got an uber analyst, a guy who specializes in uber, he's on the phone with us. ivan, i've got the stock down 3% now with a price of 46.
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what's your price targetsome. >> my price argument's $66, and i think this was a great quarter. i think there's some confusion to the results that has to do with promotionings -- promotions. the business is real strong, the outrook is even -- outlook is even stronger. they have a huge opportunity to continue to grow internationally, so i think the stock is a buy on any weakness, and i think there's a lot of upside. and i think they continue to execute very well. stuart: welcome to the show, ivan. i own a thin sliver of uber, and if it goeses to 66, i'm going to be very happy about it. can i bring in one other subject, i don't know whether this isier main to uber or not, but we had the recent demise of self-driving cars in san francisco. i thought that uber wanted to take the company in the direction of self-driving cars. is this a problem for 'em? >> well, i think that that the technology is still in the development stage, and i think that in san francisco recently with cruze ass as an -- as an
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example, they had a test market and they had some issues, and they had to halt it's test rides they were giving, is so i think this is part of the overall a plan. but i also feel full autonomy where you can get into a driverless car and say take me home or take me to work is still several years away because of a lot more components that have to go into the ecosystem to the power these cars including connectivity to the stop signs and streetlights ask and other cars. it is part of their long-term plan. stuart: ivan, we we don't have many analysts on this program, but we liked what you had to say, especially if uber goes to $7 -- 66 per share. thanks for being with us. the opening bell is about to ring. i say this every day,ish change my script, guy on the right-hand side is going to the reach for it, press the button. do it, thank you very much indeed. it's 9:9 30 eastern i'm on this
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tuesday morning, november the 7. 7th. you're down .09% on the dow, 32 points, and that's an end even city split dow 30 roughly speaking. the s&p 500, where is that in the first couple of seconds of trading?s down just a tiny fraction, now it's up up to a tiny fraction. where's the nasdaq composite, dead flat? up one-third -- lauren: up eight days in a row if any gain holds. stuart: that's right. hoe me big tech this morning. let's see what the level is this morning. amazon's at 141, ooh, microsoft at 359, that will be a new high if it closes there. apple, 179, meta, 316. microsoft-backed openai just announced a new artificial intelligence model. what do we know about it? lauren: it's the called gpt4 turbo, and it really, or really scales up the deep learning abilities. if you gave it the bar exam, it scored in the top 10%. the ark p bio -- ap bio exam,
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perfect 5, 5 out of 5. and what's so cool about it is actually trained on almost the newest data whereas the old model, the data was two years old. when you wan. and it's three times cheaper hand the previous model. one other thing, it offers protection against copyright lawsuits for the developers that use it. if so what openai and microsoft are doing is really beefing up and building out the a.i. ecosystem is. they had a developers' day. they're asking developers, this is what we've got, now use it. find applications for it and put it in your work flow. stuart: 359, i haven't got my calculator with me -- lauren: 366. stuart: i'm talking about the value of the company. i don't know what it is exactly, but it's the getting awfully close to apple. it's on the verge of crossing
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past apple as the most valuable company in the world with. intel, i hoe they're getting billions -- i know they're getting billions from the government. what's the money for? lauren: the "wall street journal" says the money is for producing chips in a secure facility. so they're the lead defense contractor to build out this secure physical site in arizona to house the advanced technology that we use for our military. the concern is, according to the journal, that we have so much reliance on chips that come from taiwan, and taiwan is vulnerable to china invasion. so that's the thinking, where would this billions of dollars come from? the chips act. stuart: that was $50 billion. they get a piece. deland he's -- stellantis, they've unveiled a ram truck which is actually an ev. lauren: okay. it's a plug-in hybrid. it goes 145 miles on electricity, right? there's your charge. but it also has a gas-powered
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engine, and that engine recharges the battery while the truck is moving. they call it the ram charger, it'll hit the market many 2025. what is the bet that stellantis is making? that if you want a pickup truck, you have range anxiety. so they're going to give you a little bit of both. they're looking at at the bigger picture. ford scaling back production of the ford f-150 lightning, gm doing the same -- stuart: that's not a catch, i think that's a real plus because you don't have range anxiety. lauren: i'm out of juice, where am i going to charge up? your gas-powered engine will drive trucks. >> did you know the phrase range anxiety ten years ago, kid that phrase even exist? stuart: no. i didn't know it six months ago, for heaven talk. -- sake. trip adviser, they had a good report -- lauren: we're traveling, right? revenue jumped double digits, 16%.
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yes, we're seeing an i don't want sized gain right now -- outsized gain, but the stock is down 10% on the year. stuart: planet fitness, they've got cheap membership. rah. lauren: $10 a month. can't get you into a gym, stuart thesome. >> when was the last time you were in a gym? lauren: never. >> i love it. stu's my spirit animal. stuart: the only time i used exercise equipment was when i was doing a heart check. lauren: did you know how to use it? stuart: the doctor's standing right there, the nurses too. they tell you what to do it's the easy. where are we with report, are we done? lauren: the stock is up 15%, so obviously those cheap gym memberships are working. they added 18.5 million new subscribers for the quarter. wouldn't you say why wouldn't they raise the price? they can't do that,s they're trying to get those $10 members into the $25 the a month -- stuart: 18 million sign-ups for a gym in one quarter. that seems huge. >> great story the idea.
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send stu and i to the gym. it'll be tv gold. we can air it around christmas time. stuart: no, we don't. be quiet on the set. [laughter] 34,050 points, dow winners, give me that list, please. topping the list is salesforce, verizon, microsoft, now 35 # 8 -- 358. walmart on the list. s&p 500 winners, who are they? topped by international flavors and fragrances. not heard of them for a long, long time. g everything n -- gen doublinga- lauren: it's a broad-based, i don't want to call it a rally, but broad-based companies -- stuart: broad-base gains, well said. [laughter] nasdaq composite, winners topped by -- lauren: datadog. stuart: always intrigues me, that one. intuit. the 10-year treasury, this is one of the most important numbers of the day. you're at 4.60. down a little bit. price of gold retreating from
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$2,000 an ounce, down 17. bitcoin above $34,000 at 34,7 at the moment. oil dropped below $80 earlier, now you're at $78. nat gas, don't care, don't really poll this thing. the average rice for a gallon of regular gasoline is $3.40. as i told you at top of the show, in texas it's $2.87. bees el, $4.39. coming up, u.s. troops in iraq and syria have been attacked 38 times since october 17th. our response is to move more troops into the area. i'm going to the ask texas senator ted cruz, is that enough? the senator will be here. president biden promotes new cash for amtrak. watch this. >> you can go and get on a train in china and go 210 miles an hour. china. we could do it here in the united states, and these three big corridors will cost about a trillion dollars. stuart: he's confused.
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he's not offering a trillion dollars. we're going to get into that. a majority of americans feel the country's headed in the wrong direction. it's like chaos. the country's extremely anxious. i wonder if larry kudlow agrees with that? larry is here after this. ♪ at ameriprise financial, our advice is personalized, based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice? i can make this work. that seems to be universal.
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stuart: all right. 11, almost 12 minutes in, dow's down 40, nasdaq down 16. not much movement. look at the 10-year treasure i yield, that's a very important number. you're thousand at 4.59. earlier this morning 4.63, now you're at 4.59. lauren: [inaudible] i almost wish he didn't. [laughter] stuart: jay powell speaks on thursday, you almost wish he
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didn't. lauren: yeah. let's enjoy -- yeah, he can mess this up. stuart: new polls spell trouble for president biden's re-election bid. madison alworth in miami for us. you're talking to the voters about the economy. all right, what are they telling you? >> reporter: stuart, what we're hearing from voters is they don't feel strong financially under president biden. they're not only worried about their own wallets, they're worried about the country as a whole. we were actually able to the talk to some minority voters who tell us they were doing better financially under president trump compared to the president biden. >> the with trump it was stronger. way more money into the chi. we were way more stimulated than what we are with biden. finish i know other people feel the same way, but, yeah, to answer your question, i don't feel that a way with biden. with trump the i did but not with biden. >> i knew who -- i know who's going to win, donald trump. it's just about business. he had a lot of foreign policy business tactics that seemed like it made sense. it doesn't seem like joe biden
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is doing thingses like that for the people. it's more policies and billion tickses. >> reporter: these concerns that we've heard on the streets, they are playing out in polling, hurting biden in pave out of sil states. and part of it is biden's slip in popularity in key demographics. hispanic voters are supporting him only in the single digits in those key states, and black voters support candidate president trump by 22. putting that that in context. that is compared to the an 8% national approval rating for president trump among black voters in 2020. now, the president, biden's re-election campaign, they're pushing full steam ahead. they're holding a campaign event here in florida in this battleground state. they're expected to tout biden's agenda, bidenomics, and they're going to the call out republicans for an economy that they say only supports the rich
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and powerful. stuart? stuart: okay. madison, thank you very much, indeed. larry kudlow's with us this, what day is it, tuesday morning. larry -- [laughter] i've got a sense of hinges falling a apart, a -- things falling apart, a feeling of chaos in the country. i think we're all extremely anxious. do you see our state of mind like that? >> yeah, i think i do. i mean, i don't much like it, by the way, because i know i'm political, but i'm not that political. i don't like to see this. but, you know, what you're seeing is people are looking at a weak president and a weak administration not dealing with their issues. i mean, part of madison's report, which you see in a bunch of polls by the way, yes, "the new york times"/sienna poll, you also see it in today's investors' daily tips poll which is a very good poll. you see the same kinds of numbers, and you see it many a
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couple of other polls. i mean, people worried about immigration, worried about job losses, worried about declining real wages, worried about food and groceries, worried about high mortgage rates. but also i just noticed, i want to say this, on foreign policy which at least, you know, with the israeli-hamas war going on and so forth, biden gets incredibly low marks on the investors' daily poll which is a really good poll. russian-ukraine war, 32%. israel-hamas war, 32%. russia, 31%. economy, 30. handling of iran, 28%, stu. border security, 27%. stuart: whoa. >> and the other thing that, there was a couple of good articles in the "wall street journal" book review section over the weekend and also in "politico," dare i say it, but
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you've got left of center democratic analysts pointing to the drop in support for non-white working folks. stuart: yes, exactly. >> non-white. and you saw a couple of hose african-americans on madison's report. stuart: yeah. in my opinion, biden's base is fracturing and shrinking, and trump's base is solid and growing. what do you say to that? >> yeah. well, i think you're 100% right. you know, democrats made a very bad bet at the beginning of this year with this, you know, kind of left-wing judicial court push thinking that this would crush trump and put him in jail for 750 years. well, it turns out the voters see right through it. it's a double standard of justice. they see what the motivation is. what they're really worried about is immigration, jobs, mortgage rates, high prices and
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failures on foreign policy and the border, immigration, that jeopardize america's security. that was the mistake that the that the democrats made -- that the democrats made, and it's it's coming home to haunt them right how. stuart: have you heard all this speculation about how to get the biden-harris ticket out and to replace it with, perhaps, michelle obamasome i'm just is asking, just asking. [laughter] >> i, that's -- i love that. you and i talked about this a couple months ago, as i recall. i met some very mischievous political friends of mine, raised that issue. [laughter] i mean, okay, let's just, let's just throw the dice and see what happens here. [laughter] i'm afraid -- i don't put much stock in the it, but i never know. i don't understand democratic politic. you know, i was a democrat, stu, but that was over 50 years ago -- the. [laughter]
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stuart: so was i. hey, i was a socialist in college. and i will admit that actually. >> yeah. yeah, me a too. no, no, i get it. stuart: i want more of this at 4:00 this afternoon on fox business with larry kudlow. 4:00, it's. thanks, larry. we'll see you later. you were about to the say something. >> socialist stu? my heavens. stuart: okay. here we go, black voters sending a warning to president biden. they're moving towards donald trump. what's behind that shift? i'll ask deroy murdock. the democrats know they can't win with the biden-harris ticket, that's why the most important political story is going to be how to get them out and who takeses their place. that's my take, top of the hour. stay with us. ♪ if i ever lose my faith in you ♪ there'd be nothing left for me to do ♪
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>> it's the second antitrust case existence google in two months, and now they're fighting two lawsuits at the same time. one in d.c. defending their online search dominance and now this end pick case in a california court. and analysts are concerned something might have to change with google's lucrative the business model as a result. it's pretty simple to the end epic versus apple showdown back in the 20 20, if they argued that the 15 and 30% commissions that google and and apple charge are unfair and an effective tax, as elon musk has call it. the time epic thinks they have a much better chance of winning in front of a jury instead of one single judge in that apple case. google's already fighting, as i mentioned, on two fronts but also possibly a third lawsuit could be filed next year alleging google illegally forces companies to use their advertising technology to forced by their dominance.
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sundar pichai testified last week, likely to be the called to the sand in this epic case as well, and google argues that epic simply wants all the benefits that android and google play provide without having to the pay for them, and that's pretty much the same argument you heard from the apple. apple largely won that case against epic a few year ago. the only changes they had to make was to the allow companies to the offer customers outside links to the pay outside of the app store so they don't capture that 50 and 30% commission. all these big tech lawsuits, one effect so far is they have pretty much killed think deals or acquisitions that these tech companies have even been remotely interested in. all this talk of apple buying disney, not going to happen especially in this regulatory climate as bob iger said since that microsoft-actvision deal barely got across the finish line. stuart: i think that's a shame. that money could do the a great deal of good if you spread it
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around -- >> and who has all the money in this tight, high interest rate environment in the it's the tech companies. but with all these lawsuits, you've killed any talk of deals and these companies being sold, mergers and acquisitions. stuart: it's a shame. we're gong with after the crown -- going after the crown jewels of american business, in my opinion. susan, thanks very much, indeed. check the markets, dow down 21, nasdaq up 48. a mixed picture there. check uber, because that thing's turned around. it was down marrily 3%, now -- nearly 3%, now it's up 1%. we had an analyst saying that thing's going to the 66,ing okay? still ahead, more democrats worried about biden's re-election chans, but how do they get him out? i'll put that question to will cain. attacks on u.s. troops in the mideast increasing. is our response to the move more troops into the lawyer enough? i'll ask texas senator ted cruz. today, it's election day. i want to know which races bret baier is watching closely. i'll bet it's virginia.
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