are never happy just liking someone. they want to destroy them. there's all kinds of negative campaigns and the goal is to destroy elon musk one way or the other. their efforts have failed even when musk does something even he acknowledges is boneheaded and has to apologize for later because he does it from time to time. their efforts have failed so miserably musk is becoming something of a hero. most of the people in that room last night, people who were serving them drinks, losing their influence. they control all the mechanisms of communication but are losing. george see scott -- what do you think of elon musk? bob iger could make some money if he made the movie. that might be a way to do that. liz: how about leah shriver.

the belsky brothers, good tough stuff with great accents. we will let him know this. breaking news, we are about to witness the first delivery of tesla's all electric cyber truck. let's take a live picture of the cyber truck delivery event. it is about to start. you see the countdown there. tesla's get-go factory in austin, texas is where this is happening, customers who filed 2 million preorders have waited eagerly for years to see this day. we keep the austin feed up, three minutes and 5 seconds, and a live report on pricing as we wait for this event to kick off. to to the market on the last day of a stellar november we are looking at a mixed picture but as we look at the dow jones industrials it is on a tear,

new inflation spending data coming in this morning, relatively tame. we parse the october pce numbers in a moment but what you see with the point gain of 376 points led by a pretty significant jump in salesforce shares, they are topping the dow and the s&p. 8.6%, the stock close to a two the year high on stellar earnings but that's the least of it in salesforce, we get you more on the company, what it said and why ai chipmaker nvidia is trading at the bottom of the s&p. we need to turn west and a bit south from wall street to the tesla factory in austin, texas for the long-awaited cyber truck delivery event. on the right is old video where elon, this is where he started dancing around but it was way

back in 2012 when elon musk muse the idea of a tesla made pickup truck. he tweeted on the platform he would later purchase out right, would love to make a tesla super truck with crazy torque, dynamic air suspension and corners like it is on rails. today, proving once again he is the king of if you dream it you can do it, the world is about to witness the first delivery of the cyber truck and it looks pretty sweet. the truck will roll to the first group of owners amid another elon musk headline that has the business and advertising world stunned. we've got this bifurcated story here. kelly o'grady's all over it. if we could put up the feed, it is very close, within seconds. 54 seconds. >> reporter: this has been a longtime coming. we are waiting with anticipation. it has been two years delayed

at this point. musk gave us a look at the production line. we see earlier on x, a futuristic sleek design in the video you are showing earlier unlike any truck on the market but that strange design contributed to production delays and the fact that it's made of a stainless steel versus aluminum or lighter steel. the question for investors is who's going to purchase this. will the cyber truck share existing details or be a flop altogether? as recently as last month, musk said there would be enormous challenges making the cash flow positive. ev market share is increasing but the rate of adoption is slowing and drivers are looking for a vehicle that is affordable and practical. the truck is unlikely to fit the bill. an exciting day for tesla fans, we are just about to get going,

but you mentioned advertising, this is coming on the heels, 200 companies have paused spending on the platform amid anti-semitic concerns. he apologized for inflammatory tweet many talk as anti-semitic, told those advertisers to stay away. liz: it is a different logo. knox nothing like the former oval or the general motors logo. at the cybertruck almost in a graffiti type of style here and as we wait on this, it is pretty dramatic all that's happening considering what you talked about with the x. tesla shares down 1.5%. any idea why? if there are 2 million orders on this thing don't we tend to believe there will be 2 million souls, not that they can

deliver 2 million right now? >> there are deposits but that doesn't mean you are going to complete those orders. i go back to musk's comments from october that will take a while, even 2025, to get production at mass amounts. investors are hedging a little bit, see what it looks like, see how this project over the next few months or so before going all in. liz: the pricing of all this. it can go up to $90,000. expecting less expensive price here. >> reporter: it could be 60,000. a little lower, a little higher but it is expensive at a time where people are looking for cheaper cars, 60,004 truck.

it is pre-cool looking. it is very expensive. liz: is this a live picture? no surprise. we have all of the lights. this is not live yet. i am looking at what do we see on the broadcast? this is one of those moments. may be elon is busy backstage putting on his cowboy hat in austin, texas. thank you very much. we are going to put this in the snipes that we have on screen as we talk about markets that we don't miss anything. we will get to the markets, the dow right now is on pace to close at its highest level since february of 2,022. again of 367 points. this as we close in expensive

november. the bull showed up in full force this month. the smallest gain of 8.4%. look at the nasdaq jumping 10 percentage points. we have 53 minutes left, anything could happen. the russell 2000, small and mid caps making a run for the green midyear. we saw just this month huge gains of 8.8%. investors today waiting further evidence that inflation is moderating. we don't have big drops today. headline, pce, the fed's favor inflation group of numbers showing flat, no growth month over month, personal consumption expenditure, prices did not rise. that the headline number. poor pce of 0.2% month over

month, up 3.5% year over year. it was a match, 3.5% also a match on expectations. this is what the fed watches with inflation cooling and gdp expanding, what are the markets telling us and what should that mean to you if you have a portfolio and would like to build it up. may maybe charles schwab's strategist liz and saunders has insights. this has been an unbelievable november. what is the collective driver of it? >> it is somewhat singular, if you credit the bond market. it went from late july to late october corresponding to the spike in yields and the 10 year as an example or proxy so you went up to 5%. you have a reversal and moved

down and that set the stage for the rally in stocks. the bond market is in the driver seat of the equity market and that is going to be a situation. charles: liz: we are at 6. 4%, the close yesterday was 4.27. it's interesting to see we are up under normal circumstances that would send the markets into a tailspin. we haven't talked about this is that much. yield curve inversion between the 2 and the 10 has been screaming for a year and 1/2 that we are facing recession but we have such a banker of a gdp number growth of 5.2%. how are we supposed to read that? >> gdp is a lagging data point

through september and we know all the component parts that go into gdp so far into the fourth quarter with two months into a 3 month quarter showing much weaker growth. we had a combination of things happening. it is less about a consumption surge. in the release yesterday of gdp which was the second release, and update with revisions to the prior release, almost every consumption category was revised down. it was the investment side. every component on the investment side. nonresidential investment, business capital spending residential investment. that is where the upward revisions were. that is not going to carry into the fourth quarter. as it relates to the yield curve is a unique cycle. so many crosscurrents. we are not past the expiration

date going into a recession or the span from indicators to a recession. it's unique cycle because we have these rolling recessions in sectors, it is not happening to the economy all at once. liz: they might be exhausted after the cyber rate. black friday through cyber monday which is just a couple days ago but it has been stunning to see some of those numbers but when you dig more deeply into gdp as you talked about some of those things have been revised downward that make me wonder about the consumer and you look at retailers and may be the run lately is getting gray around the temples. >> consumer discretionary is one of the worst sectors today, one day doesn't a trend make but it is reflecting there is some pressure on the consumer. we see it before the revisions like increased use of credit

card debt, rising delinquencies, credit card debt for otto debt, certainly down in the subprime area. we know that savings have been largely depleted and different estimates out there, but will be fully depleted by the beginning of next year. the key to sustainability is if the labor market hangs in. that has been the things that consumers rested on even though they have been outspending income growth. labor market holds the key. liz: looks like it was a long closed door with the small and mid caps, great days for the russell 2000. does that continue? >> in the case of an index like the russell 2000 which is the

benchmark, there's 31% of stocks in the index, we don't see that on debt. 40% are not profitable. a move down in yields and a since the fed is done hiking, all else equal, support for small caps but if you are interested, you still stay up in quality which is one of the reasons we point out the other small-cap index, the s&p 600, that has a profitability, the russell dow thousand does not. liz: the s&p, 600. it is great to see you. are you going to purchase one of these cyber trucks? >> i don't think so. i'm an suv type of person but that, i would rather let someone else experiment with that first.

liz: thank you. this is a live picture of the wind up at the event. everybody in the audience, most of love people, a raffle you sent in for and people are waiting and into pokémon showing fashion he's showing some video ahead of all of it. it is interesting to see because again the first thought that he had about making it is the all electric pickup truck, futuristic, was in 2012 and then he missed a couple deadlines but he was very honest about it. i don't know if you remember the point he put a prototype on stage a couple years ago saying there would be bullet proof glass and smashed something on the glass and it broke. he was very honest about that. it is a work in progress. it is just incredible to think this startup company we at fox

business were among the first to cover intensively in 2007 on site in fremont california is now putting forth this truck, that looks like the inside of it, really fascinating. we are looking at tesla shares as well. later in the show, derek jeter is joining us exclusively to talk with us about yoga raws. the baseball star is about to unveil his leisure business right here on "the claman countdown". dow jones industrials having a final day of november, 351 points. or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.

salonpas, makers of powerful pain relief patches for 89 years... believes in continuous improvement... like rounded corners that resist peeling, with an array of active ingredients... and sizes to relieve your pain. salonpas. it's good medicine. we're talking about cashbackin. not a game! we're talking about cashbacking. we're talking about... we're not talking about practice? no... cashbacking. word. we're talking about cashbacking. cashbacking. cashbacking. cashback like a pro with chase freedom unlimited. how do you cashback? hi, i'm norma, and i lost 53 pounds on golo. when i started golo, i expected to plateau like i had so many other times.

i was surprised that sticking to the golo plan and taking release, the weight just kept coming off. (soft music) he hits his mark —center stage—and is crushed by a baby grand piano. you're replacing me? customize and save with liberty bibberty. he doesn't even have a mustache. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ (adventurous music) ♪ ♪ ♪

be ready for any market with a liquid etf. get in and out with dia. you want to be able to provide your child with the tools or resources they need. with reliable internet at home, through the internet essentials program, the world opened up. fellas, fellas. that's how my son was able to find the hidden genius project. we wanted to give y'all the necessary skills to compete with the future. kevin's now part of this next generation of young people who feel they can thrive. ♪ ♪ hello is friendly... hello is welcoming... it's everything we want to be when helping people find a medicare plan during the annual enrollment period. so, say hello to hellomedicare... a one-stop shop for medicare plans...

including a range of “all-in-one” medicare advantage plans. learn, compare, even enroll - all in one place. give us a call now. we'll guide you to a plan that fits your needs. at hellomedicare, it all starts with a few simple questions so we can get to know what's important to you. then, we'll match you with plans that fit your needs, from well-known names in medicare. compare benefits. compare costs. it's easy. and when you feel good about a plan... we'll sign you up. done. and. done. the annual enrollment period is here. so, let's do this. give us a call today and speak with one of our hellomedicare licensed insurance agents. and say hello to an easier way to do medicare. neil: liz: we are looking at the

tesla rollout. we are putting it on the lower part of the screen. nothing is happening now. there's a lot of cinematic music and slow pushes to the inside of the truck. we have got our eye on it. there are a lot of semiconductor chips in trucks and you have amazon pulling in apple getting into the chip business. amazon web services unveiling the semiconductor that specializes in training artificial intelligence models. it also rolled out another generalship, the graviton 4 with the market on fire. there is one company benefiting no matter who makes the chips. the one look at the year-to-date chart understates that synopsis shares spiked 69% this year and earlier today hit an all-time record high of $563. we need to find out more from

the guy who built this business. the founder and ceo of synopsis, the software the chipmakers used to design their chips whether it is apple or amd. they are all using software. can we d dues that amazon will use your software to build the graviton 4? >> we are always careful commenting about specific customers but in the case of amazon, the companies they bought when they started a couple years ago, they are extremely proficient in designing advanced chips. we are very much a participant in their success. liz: that a headline. you are a participant in amazon's success. you can choose -- good, good.

we have investors looking at nvidia and different regions of the chipworld. you as the software maker for chip design, interesting pull away, it is a quieter profile. tell us what you started as and what you found your biggest goal is? >> the heart of the heart of high tech for three decades because we made it possible to automate an important piece of the design. by automation we can accelerate how quickly they could get chips but not only how quickly they could make the chips faster and lower power or make them smaller, things they care about. this is 37 years ago and it is interesting being part of this exponential golf course that

has scaled and scaled and delivered 10 million activity increases and now demand as much speed and energy. liz: we've got the chip shortage due to the pandemic and inability to get components. i want to call it a chip apocalypse. that is a valley shortage in the silicon valley of silicon engineers, the silicon industry said that there's a real problem when it comes to getting enough workers. the chips act is pouring a lot in fabrication plant in the united states. what are you seeing here?

>> it has been understood, worldwide it is 10% to 15%. a lot of investments in universities, high schools, to train people into the semiconductor side. most people didn't know what these things did. now it is visualized. the ai supersauce on top of that, everybody wants more capabilities. can we train a young student and engineers to do that? the other alternative that we worked on our intelligent -- entire existence is how much can we automate so the engineers we do have and the new ones coming out right away can do things much faster and better.

liz: you are moving on to other things. there will be a new ceo and we will cover the story. they put a lot of work into all kinds of auto chips. keep an eye on the tesla cyber truck event, we are not many academy that they put together to tease and keep everybody on the edge of their -- we are minutes from the live first delivery and we will show it to you when we come back, dow jones industrials up 330 points. rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq,

a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. this is your season to smile -- to raise a toast and gather together, to wrap up the fun and round up the gang. to help get you ready, your aspen dental team is celebrating 25 years of affordable care with an epic anniversary savings event. right now, new patients without insurance get a free full exam and x-rays. plus, everyone can get 20% off their treatment plan. but hurry, because while the season won't last, the memories you make together will. aspen dental. book today. hive digital technologies. a leading bitcoin miner and gpu

cloud operator is building the infrastructure of tomorrow, featuring a robust growth strategy that aims to double its mining capacity while accelerating gpu-on demand business. hive digital technologies. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. hello! hello is friendly... hello is open... it's welcoming... everything we want to be when helping people find a medicare plan during the annual enrollment period. so, say hello... to hellomedicare, a one-stop shop for medicare plans, including a range of “all-in-one” medicare advantage plans... from the names you know. learn, compare, even enroll—all in one place. no matter where you are in your search—whether you're just starting out, or already have a good idea of what you want—

give us a call. our hellomedicare licensed insurance agents are here to make things easy and help guide you to a plan that fits your needs. because we get it- finding the right medicare plan can be challenging. plans can differ by price... or benefits... they can even differ by where you live. that's why we're here—to put it all together... and be your go-to place for all the latest information... laid out right in front of you, in a way that's easy to understand. it all starts with a few simple questions so we can get to know you better. questions like, “do you want to keep your doctor?” and “which benefits are important to you?” then, based on your answers, we'll match you with plans from well-known names in medicare, giving you a complete picture of your best options. next, we'll help you compare benefits. compare costs. it's easy. and when you feel good about your selection... we'll sign you up. done. and. done.

remember, the annual enrollment period is here... and it ends on december 7th. so whether you're looking to save money, or find better coverage... let's do this. let's go find your medicare plan. call us today and speak with one of our helpful, hellomedicare licensed insurance agents. hellomedicare. say hello to an easier way to do medicare.

>> that was a big deal. you may remember an incident four years ago. didn't quite go as planned. and maybe we should try it again. [applause]

>> yeah, great. probably have a picture. anyway, the glass is tough basically. so you don't have to worry about rocks hitting the glass and cracking the glass. is basically rock proof. it is also makes the car very quiet. the thing you will appreciate when you drive the car is how smooth and quiet it is. it doesn't feel like a truck. it is smooth as silk and sound when you drive it. and yeah. so in terms of toughness, things like rollover, the center of gravity is so low, it

doesn't roll over. and if you are ever in an argument with another car, you will win. ♪ >> yeah. in movies you sometimes see the hero or heroine hiding behind the car door when being shot with bullets.

doesn't actually work unless you are driving a cybertruck. if our capone showed up with a tommy gun and entered the entire magazine into the car door you would still be alive. so people say why make it bulletproof? why not? how tough is your truck? the bullets through both sides, both sides of the car. you never know. sometimes you get these late civilization vibes, never know when the apocalypse could come along at any moment. we have the finest apocalypse technology. i was on a show, joe bet me a

dollar that his armor piercing era would go through the car. he owes me a dollar. what about utility? strength is great but is this a show truck? just a showpiece? or can it do actual work? how does it work as a real every everyday truck? here we have the future towing the future. so basically if you can fit any cargo in the bed you can move it around so over a ton of capability, you could put more on that in, you could total

11,000 pounds. no liner needed. the bed is 4 feet wide and you can fit 4 x 8 pieces of plywood in and back down. and into the truck world, a truck full, this is the key test, how much power does the truck have so you have to pool this 40,000 pounds sled, when we went to the track, the ford f 350 diesel, let's put our truck against that. the guy who runs the truck says no way. let's see what happens.

♪ ♪ ♪ ♪

♪ >> we had to turn the car into the wall. we have a car here that is bullet tough, i like that phrase, and pooling of 350 diesel has a massive towing capacity. it is an incredibly useful truck, not just a grandstanding showpiece. it is actually very useful. what about performance? it has adaptive suspension. no matter what the load is, you can set the right height at any

low height -- liz: it can deflect bullets and steel arrows. you watch this delivery event there have been cheers and hundreds of cell phones in the audience where people are taking pictures of the cyber truck, elon musk speaking to the crowd talking about how this thing can tell 11,500 pounds, can it told the line for the 2 million or so on the waitlist for this thing. and it is sort of mad max meets, i don't know, the steelhead arrows are coming at you on the 405. we have something equally exciting. you saw him throwing the baseball at the car and the cyber truck and it didn't break and another baseball theme, when you think of five time

world series champ derek jeter, don't know about you, when i think about sports bras, the former new york yankee shortstop is pursuing a big venture with greatness wins, enough apparel brands him - he is helling putting it back in sportswear. the founder of the shirt company, and misty copeland to provide athletes with premium quality apparel after launching a menswear collection in 2022, greatness wins, and wanted to create performance where, that fits women's for all occasions in or outside the gym but jeter is a part of it. let's bring the two of them to gather. let's bring in greatness wins founder derek jeter and the founder of greatness wins.

derek, this is so funny. i wonder how involved he was in this but the women line, this is what the news is, what have the orders started to look like? >> let me preface this with what i don't know. but i may -- it is bulletproof after following that, as i said i have been involved from day one with chris, but we both know what we don't know, misty has done a tremendous job, with part of the team. liz: how intimately involved are you with listing at the

sales? >> i get into it. it's more than i do on a daily basis. don't want to watch every single day. liz: let's get to that. what derek is focusing on, and the stretch of it, you've got to look at the numbers. in the past couple weeks you unveiled the women's line. how are the numbers trending. >> it's a very exciting time. black friday in the christmas season, the most important time of the year. customers are searching out deals more than we've seen in the past but we expected that considering the economic environment. first time i met him he said i want to be involved and you won't bother with me.

he wants to be involved and does check on a regular basis. >> it's your reputation. >> that's a nice way for chris to say that. liz: you are a professional stamping your name on something and here is my question. we are a stock market and business network, we have covered lululemon for many years and they are in the same price point. they have years of advance on you guys, what makes greatness different, a lot of men fans of lululemon tear those guys and those women, to you? >> what separates us, we are built on performance, quality and consistent fit but we are true athletic -- we cater not

only to professional athletes but athletes that don't do a professional but also casual person may go to the gym once or twice a week, like to live a healthy lifestyle. i don't do it is much as i did before. chasing around four kids but everyone wants to feel like an athlete, everyone feels as though they are an athlete so we look at it like we are similar but at the same time a little different. liz: i would think so but got to look at so many different areas. chris, you and i know each other, you were on my podcast, incredible lows and unbelievable highs. what has been the challenge with building greatness wins? >> similar challenges of starting a new company. a very very competitive field,

probably athletic apparel. athletic apparel, very crowded market. hard to acquire customers these days so you need to differentiate a product that doesn't exist and we did a great job with that. a lot of great athletic brains, but we combined the best of both. it's a great-looking product but also performance first and that's important to us. it is the same challenge and starting a new company. i'm happy where we are at this point. liz: i would be remiss if i didn't bring up him on musk and his team through a baseball at cybertruck windows and they didn't break all this time, and the total guys, if you through it you think you could make a dent on that? >> i don't think i hit the car,

and probably did a better job. liz: that is what raising four kids can do. we will continue to follow greatness wins and good luck. the competition is there but you face a lot of competition. >> thanks for having us. liz: you saw the baseball, the bullets, the steel tipped arrow, and the first delivery, the owner of the very first chesler cybertruck after so many years of waiting, the first is the cyber truck was driven off the stage. this click the second one. and they've got the tesla

employees, all electric vehicle it can tell 11,500 pounds, the body panels are entirely aluminum. say that again. faster than a porsche, he says. and you can see there is the group. people are so happy. and innocent interesting moment, yesterday night, it has been a few hours since elon dropped the f bomb when he was saying he didn't care the disneys and comcasts and apples of the world, and other advertisers on twitter/x pause or stop advertising. he didn't want their money, he said f them. pre-controversial because he does, most businesses do need advertisers but here he is completely changing the narrative. what is important to note is

elon musk wields things to happen. 12 years ago, 11 years ago he said wouldn't it be cool to make a pickup truck but it has to be cool? he says the future should look like the future and the future of pickup trucks is all electric and very powerful. does it look futuristic! charlie gasparino is here on why musk might not care if advertisers go away but there's a line of people waiting for the cybertrucks. the other ev makers, fiscal, lucid, revi and --rivian are they the future? you got to believe, stay tuned, we are coming right back. but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine.

t. rowe price, invest with confidence. the chase ink business premier card is made for people like sam, who make- everyday products, designed smarter. like a smart coffee grinder, that orders fresh beans for you. oh, genius! for more breakthroughs like that- i need a breakthrough card. like ours! with 2.5% cash back on purchases of $5,000 or more. plus unlimited 2% cash back on all other purchases. and with greater spending potential, sam can keep making smart ideas- a brilliant reality! the ink business premier card from chase for business. make more of what's yours. salonpas, makers of powerful pain relief patches for 89 years... believes in continuous improvement... like rounded corners that resist peeling, with an array of active ingredients... and sizes to relieve your pain. salonpas. it's good medicine.

tin is i. . game changing discovery at the world class silver-tin property could be one of the largest operations in the world. eloro resources.

(adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. hello is friendly... hello is welcoming...

it's everything we want to be when helping people find a medicare plan during the annual enrollment period. so, say hello to hellomedicare... a one-stop shop for medicare plans... including a range of “all-in-one” medicare advantage plans. learn, compare, even enroll - all in one place. give us a call now. we'll guide you to a plan that fits your needs. at hellomedicare, it all starts with a few simple questions so we can get to know what's important to you. then, we'll match you with plans that fit your needs, from well-known names in medicare. compare benefits. compare costs. it's easy. and when you feel good about a plan... we'll sign you up. done. and. done. the annual enrollment period is here. so, let's do this. give us a call today and speak with one of our hellomedicare licensed insurance agents. and say hello to an easier way to do medicare.

♪. >> if somebody tries to black me with advertising, blackmail me with money, go [bleep] yourself. but go [bleep] yourself. [laughter]. is that clear? i hope it is. hey, bob, if you're not audience. liz: he met bob iger of disney who pulled advertising.

elon musk dropping the f-bomb on x advertisers who had in a max mass exodus after he endorsed anti-semitic posts on the platform and some found their ads were appearing were naziesque or pictures of swastikas. the company is scrambling for other ways to minimize cash and the fallout. this as charlie gasparino, as cyber truck event -- >> i never use words like that. the "f" word. liz: can we put up some of the event here? like "mad max" meet monster truck. >> let's unpack what elon did and what he didn't do. let's be real clear. if you believe him, there is good evidence believing him he was not endorsing anti-semitism in a tweet. he tweeted something. liz: he said it was the worst move he ever made. >> he knows it is stupid, you know it is stupid and i know it is stupid.

it was a clumsy way of left-wingers in this country embraced black lives matter, that hates israel, guess what, this is what you're getting. number two, media matters if you believe the certified lawsuit of musk against media matters they essentially manufactured the neo-nazi content, neo-nazi postings next to ads of big companies. they went out and created fake accounts that followed neo-nazis, followed the big ads, refreshed their page 40,000 times and you know -- liz: why doesn't he needed a money. >> right now he needs it. be that as it may, corporate america is still very woke. it is still scared of its own shadow. disney, disney, you realize disney last week disclosed that its wokeness, it didn't say its wokeness is hurting the its bottom line. they put that in a corporate disclosure, i read that three minutes ago. going woke means you're going

broke in many ways but yet corp. america is still very woke. that is a problem for x. they have an owner who is completely unwoke. what do they do? they are now searching the change the business model to rely less on ads. most of their revenues come from these ads. they want less ads from big advertisers. i don't know exactly what they're doing, i've been speaking with them. two areas i know they're looking at. i think you have i spoken in the past, some sort of a payment system that x could be. some sort of way they could use it to buy stuff, kind of like updated version of paypal. they also want to look, deemphasize any reliance on big businesses like disney, much more of an alliance with small business. i will say this go, this is what confounds me about bob iger, he comes out there, he started the whole thing by saying we pulled our ads we didn't think we want to be associated, i'm

paraphrasing, what he basically said wanted to be associated with he will lon after the tweet. >> is their right though. >> why didn't he call up elon by this? by the way if you read what elon said, the tweet itself, it was weird, trust me, there is much more overt anti-semitism in the democratic party that bob iger is part of that anything elon has ever endorsed. liz: but as a ceo he doesn't have to pick up the phone. it is free-market capitalism. >> i know. that. i know, that that's why people are not watching his woke movies. and that's why there is a boycott of budweiser, of target, of disney, why disney, by the way disney's stock price is getting crushed. it has never come back under iger. he has lots of problems. he has activist investors swirling. he has a bad stock price. he has no movies that make any money anymore. guess what he does? he picks a fight with elon musk. liz: here is a movie, can we

show the part with the bullets. >> this is crazy. liz: steelhead arrow they were shooting at the cyber truck, at the big cyber truck event. is there any video we can show what is going on, by the way -- >> why is it so dark? liz: dow jones industrials are up 500 points. this is the event, charlie, he is getting out of it. >> musk drove it up? liz: musk drove it up. it was a big hollywood style event, as much as he doesn't like hollywood possibly. it was very funny the way he did it. he brought each of the first owners of the cyber truck up and he gave them a personal welcome into their new car. >> did he shoot the truck while they were in there? liz: no, not while they were in there, charlie but it is bulletproof. >> i want to say one other things. he is a horrible dresser. you know what he was wearing in the deal book? liz: ol' lon? >> horrible dresser.

liz: he doesn't have, doesn't have our wardrobe department. >> i got to go. i got to go. liz: thank you very much. closing bell two minutes away. let's get to our guest as we look at the month of november. it has been the best, month of the year and let's bring them in. david of sound planning. david, give me your thoughts as we head into december. will we see a santa claus rally or will we just see it in november? >> we could see a santa class rally. i wouldn't be surprised but i personally believe we're getting very close to the edge of where this recession ultimately will find itself. we have big issues coming out in the housing data. lowest record sales ever recorded. you know, we're looking at, i think really, really big issues as well going on with banks, specifically in the bond market, so you know, a lot i think will develop. we'll see a lot of that coming forward here. the big mac crow perspective people need to think about as

investors, credit cycle change. everything is more expensive. it was a 40 year cycle. now powell flipped everything. so it will cause each sector of our economy to have different challenges to it. i vote the market goes up forever. i love it. rallies are phenomenal, but what goes up, comes down. recessions are healthy. they come and go. we'll see this with a financial crisis at the same time. that could be a bad, bad reality for us. liz: we could be overdue for one. we're definitely overdue for recession which comes and goes every couple of years, we know that. >> david, that's right. liz: shortened session. we have so much breaking news. [closing bell rings] liz: look at this gain, 533 points for the dow. s&p in the green. just the nasdaq down. we'll see you tomorrow. ♪ larry: hello, folks, welcome to "kudlow," i'm larry kudlow. in a few moments fox's ace