deterrent strategy and containment of russia. nato wants to get ukraine to appoint that they can negotiate with russia, we'll see. i'd still like to see the russians kicked out of ukraine but we also have to keep in mind, ukraine recovery and not letting china get in thereafter some of those rare earth minerals so we're looking at the long game of european security in ukraine. charles: and long game may hopefully can start with maybe some sort of short-term or something happening soon where they can find a settlement of sorts. we'll see. rebecca, thank you so much. always appreciate your expertise on this , thank you very much. >> thank you. charles: folks the market trying to rally. got an hour to go. here is liz. liz: let's see if they can hold. charles as news spreads across israel and around the world the most wanted hamas terrorist has been killed, crowds are gathering in israel at this hour after the israeli military confirmed yaya sinwar the mast remaining mastermind behind

the october 7 mass slaughter of israeli civilians has been killed. what does this mean for hostages still being held? how will iran react to the fact that israel has been able to eliminate the heads of the iranian terror backed groups and the israelis have been using high-tech tools to pull off so many of these military operations. how will these major technological developments determine who wins in the gaza iran russia-ukraine and maybe a future china taiwan conflict, coming up with all this breaking news we've got four star us naval admiral and former nato supreme allied commander james devrides live on who has the lead and where the us stands in the military tech race. all right to the markets where the bulls have the lead. we need to tell you why the dow is at an intraday record. any gain for the dow and we are there right now. we've got 181 points tacked on for the bulls. the s&p needs 12 points at the close, so we were over it. now we're just slightly under it up 8 points, nasdaq up 56,

the russel 2000 kind of reversing the past couple of days where it had been up. it's down now, just about one-third of a percent or seven points. the windstorm of data all underscoring a soft economic landing blew across wall street. so that's the reason we do see the green on the screen. september retail sales coming in better-than-expected month-over-month, and if you strip out gasoline and autos, retail sales jumped seven-tenths of a percent in september from august. well-ahead of an expected three-tends of a percent gain, and look at weekly jobless claims. these were supposed to rise instead, they fell by 19,000, meaning fewer workers joined the unemployment rank, so the actual number 24 1,000, the estimate was 260,000. this is the kind of number you want to see come down. tech has driven much of the hiring over the past year and two leading names are toughing intraday records chip manufacturer taiwan semiconductor blasted out a

quarterly earnings report that beat estimates. the ceo says chip demand is booming, and boom, nvidia shares followed tsm right into record territory and it is still there. so is gold by the way looking at gold at the moment above 2,700 at 2,704 up about a half a percent, so that melt-up, that glow-up whatever you want to call it, glow-up is very kardashian, i know, continues. so does all this good news morph into an exacto knife trimming bets, the fed will cut rates at all next month? let's get to the floor show joining me live is trader scott bauer and with 489 billion in assets under management, we've got us bank asset management group cio eric friedman. eric you get this one first because in september you were selling into the rally, and then now what are you doing? if you were pairing, are you adding right now? >> yeah, liz, thanks so much for having us on. we have been still a glass half

full, i'd say we've been selling incrementally, we still have a pro-growth, pro-risk portfolio setting for clients which has worked out. we want to trim a bit and we think that we probably be again trimming a little bit more today not because we're really concerned. we have a 6,000 s&p price target for the end of this year, 6,480 for next year, so we still see some upside. we just think you're going to get a fatter pitch. hopefully my mets get a fatter pitch at some point this evening and we couldn't add anything last night but this is a good set up. the consumer is doing pretty well and businesses are still flush with cash, but net-net, this is an environment where the recession that was supposed to happen hasn't arrived. we don't think it will, so we're still glass half full still positive on risk assets here. liz: fernando valenzuela is on the phone rooting for his old team the dodgers but we in new york are thrilled about the mets i can tell you that. scott? what are you a cubbies fan? a fan at the market at the

moment? >> definitely a cubbies fan, liz, absolutely and i am a fan of the market. it's looking very good. not great, but very good. i am a bit concerned after some of the news today, especially with the retail sales and the consumer. liz: why is that concerning? it's stronger than expected. >> it's a good thing. it's a really good thing but what concerns me is how fragile the bond market is and how fragile we saw the 10-year move from 4% up to 4.10 today that's a massive move on one data point here, so is that going to feed into the fed? is that going to help in their decision-making? i still think they are going to cut. i don't think they would have gone into this , you know, with the cut that they made saying we're going to take a pause here. that would show that maybe they made the wrong decision. so my biggest concern though is the consumer. it's unbelievable to me that in this environment, they are still spending. they are still incredibly

resilient. they make up about 70% of all economic activity here and the labor market is still holding up even though it's teetering a bit but that's my concern going into the end of the year, holiday spending is, will the consumer be able to still come through through the end of the year. liz: okay, but eric's prioritizing consumer discretionary that's the stuff you want, but don't necessarily need. scott, it's like you're spanning the gamut here with costco and lulu is your picks. we're looking at fed funds futures right now. the increase in the odds of a pause are pretty interesting. it's not at a huge number but i'm looking at 10% at the moment. that, yesterday, was around 6%, so no change maybe for november. what might that mean? how might the markets absorb that if it happens? >> yeah, i think a great visual for our viewers, liz, is to think about the economy like a run on a treadmill and so the federal reserve acts

as the personal trainer, increasing the ramp when that runner is going too fast, and obviously, lowering that ramp when the runners going too slowly and i think to the collective point here. the runner's still doing pretty well. the average consumer is still has a decent pace if you will to their jog and so we do think there will be differentiation. we think that lower income consumers are very vulnerable to higher rates. not just, you know, 10-year where it is right now but also just the cumulative impact of 15 months of that personal trainer keeping that ramp very very high, so we do think that again, some of the discounters will start to do well. we're seeing more let's call it choice fullness within consumer spending but middle income and upper-income consumers are still doing very well. labor market is softening at the margin but we still think consumer discretionary and also tech. it seems cliche to talk about it but cfo's want to get bigger stronger faster and are doing that through enterprise spending, big data, a.i.,

the place to be, that's what we are prioritizing. liz: scott, obviously, we've got all of this exoginous news coming out. geopolitical issues all over the place. it doesn't appear like the markets are shaken or even stirred by much of that at all. as you look at these one-year pictures of the s&p up, is that 33% now? 33, so year-to-date it's un21 or 22%. what does end up shaking these markets? >> to me right now what i look at all things are trading. when i look at the vix and the order flow here on the floor in the s&p 500, liz, i think the biggest concern in front of us is a protracted decision on the election. the market is pricing in, you know, probably a little bit of an edge right now, the trump win, but honestly, it doesn't matter who wins. the markets going to do what it's going to do and historically it shows that it doesn't matter whose in the white house.

what could derail that though is if a decision is not made for days, weeks, god forbid even longer so that is a huge concern to think about but you're right. the market is shrugging off just about everything else being thrown at it right now and when i look at volume, especially in the vix, and i look at vix futures, it is not showing as much a concern. liz: yeah, but below 20. i just looked at that. the vix is now below 20 where it is kind of languished for a while, we're at 19.06 looking close to going below 19 so not a lot of fear in this market. scott, eric, wonderful to have you thank you very much on an extraordinarily busy day. your perspective is definitely valued. all right dow up 172 right now. as the bulls run, retail investors are grabbing new trading tools for free. coming up, a can't miss interview with vlad teniv, the ceo of robinhood, today rolling out new options to help

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. liz: fox business alert. look at elevance health tumbling nearly 12%, one of the worst performers on the s&p 500 after reporting lower-than-expected earnings in the third quarter. the company also blames its

full-year forecast cut. i mean that's really what gets stocks moving downward is when they cut the forecast. they are blaming that on medicaid memberships falling 19% year-over-year due to eligibility changes to the program. the ceo said they faced "unprecedented challenges in the medicaid business" and it will be taking steps to enhance operations around the government-sponsored health program. shares of rival us health insurers are falling on the report. united health is down just a fraction but malina is down about 12 and one-third percent. expedia though is powering higher at the moment up 5 and one-third percent on a report that the financial times says rideshare company uber explored a take over bid for the travel booking site. "the talks" were in early stages and unclear if any acquisition will come to pass, but uber ceo quite familiar with the reported target. he was the ceo of expedia for more than a decade until he

left in 2017 to run uber. let's go from ridesharing to actual cars here. we've got shares of lucid tanking down 18-plus percent the ev maker revealing it plans to sell more than 260 million in shares in a public offering and 375 million to its majority shareholder. that could be saudi arabia public investment fund. the consider maker also warning it will report a third quarter loss wider than expected between 765 million and $790 million. the ev maker struggling amid the sale of its first car and lucid reported having 1.9 billion cash on hand in september. so while lucid struggles the original ev cheer leaderrer elon musk is rooting for a new cause. his recent deep dive into politics to former president trump's campaign has him on the cusp of a big town hal

hall event and that's where we head live to pennsylvania where the world's richest man is minutes from taking stage and the next commander in chief will have his or her hands full with the us military involved in battles in multiple fronts. could our nation get dragged into a larger role in world at war? former nato supreme allied commander is here with the threat analysis. the "clayman countdown" is coming right back. dow at a record right now, stay tuned.

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liz: breaking news. the pentagon right now is saying that the death of yaya sinwar could be an opportunity for a cease-fire in the middle east, and the potential release of hostages held by hamas. major general pat rider on your screen right now, saying that israeli officials confirmed the death, hamas chief and mastermind of the october 7 slaughter of 1,200 israelis last year. sinwar was killed yesterday by idf soldiers when during a routine patrol in gaza encountered sinwar armed. during the ensuing gun fight, he and two other armed men were neutralized. separately, two american b-2 bombers struck weapon sites in yemen, marking the first time the us military has used the massive stealth bombers

against the terror group. united states naval assets in the middle east now becoming even more crucial in the wake of the yemen attack as they work to protect commercial vessels from strikes which have caused mass supply chain disruptions. here to talk about these breaking developments is retired us navy admiral and former nato supreme allied commander ja james stavridis. admiral, israel prime minister benjamin netanyahu says that sinwar's death will bring perhaps the end of the war closer, but he also stressed that israel still has much more work to do, full-force until the hostages are released. can you translate that into what happens next? >> i can. what israel needs to do, liz, is decommission that tunnel complex. don't forget, gaza's 20 miles by five miles, with 400 miles of tunnels underneath it.

israel cannot leave gaza until they take those out. that's where the hamas terrorist trained equipped organize and launched october 7 but the prime minister is correct. taking out this terrible, evil figure who was the leader of hamas both culturally, historically, and operationally, is an immensely good day. liz: after more than a year, they got him. from the beginning, we kept hearing this person sinwar, this evil individual, was hiding and that they would never find him. the israeli's found him. >> they did and it's a tactical win to take him off the chess board and strategically we come back to the prime minister's comment. it opens up opportunities to clean-up the remnants and the bitter end of hamas. then you can start to think about perhaps a peacekeeping

force coming in there getting the hostages out. let's not get ahead of ourselves. today is a great day but it does open doors. liz: okay but does the conflict expand or shrink? >> i'd say the conflict is going to shrink because hamas is far-less capable. think of it this way. three terrorist groups. hamas effectively broken. hezbollah to the north, israel is in the process of breaking them. the huthis hits next on the target list. liz: this brings in the common thread and that is iran. what message does the killing of sinwar send to iran? >> it continues two and a half months of unbroken success by the israeli military taking out the leadership of all of these proxy groups, and taking out a previous hamas leader at the inauguration of the iranian president. if you're in tehran, you're probably hiding somewhere right

now. here is a good line for you, liz. a friend of mine said the only people who know where the supreme leader is are the israelis. liz: oh, boy. >> think about that for a minute. liz: and you think about iran whose siding with russia. so is north korea now apparently. russia obviously having invaded ukraine. there are many different war theaters let's get to that one specifically. technologically, the ukrainians people thought were way behind the russians and they have not, they disappointed anybody who thought that, certainly, especially and this is your area of expertise, in the navy. now, the ukrainians don't have a huge navy at all, or massive warships but they have been using sea drones, unmanned boats that are packed with explosives and this goes to the technological aspects of war today, and they figured out how to ram the russian ships.

what is that kind of thinking plus technology doing to give ukraine the advantage? >> it's a remarkable moment. ukraine literally does not have a navy, yet they have sunk at least a third of the russian black sea fleet including the flagship -- liz: this is video by the way. >> you've got a good look at it there. the first thing they teach you at the us naval academy is don't get your flagship sunk. that happened in week four of this war, by the ukrainians using innovation, new technology, exquisite intelligence, unmanned vehicles, and it reminds me of the early days of world war ii. part of the reason i wrote the book, "the restless wave" was to illuminate how technology sweeps across the early days of a conflict. ukrainians are doing remarkable work. liz: to the world war ii point, the incredible leaps and bounds, it's interesting and sad but when you have war, these things

are put on super speed. they have to be on hyper speed and quickly come up to pass and it was the aircraft carrier that really came to its fruition during world war ii. >> it was two things, you're absolutely right. the aircraft carriers and a moment of necessity because our big, beautiful battleships had been sunk at pearl harbor during the attack. we had to turn to the carriers. the second big thing and again echoes of today, the second big thing code breaking. the reason the us was able to stay ahead of the japanese, we had broken their codes. it's like cybersecurity today. liz: oh, yeah, yeah, you've got to be smarter technologically and finally, china-taiwan is recently as last week, china did their little navy, you know, war exercises in the south china sea. if it came to that, whose navy is more powerful? china's or the united states? >> this may surprise some of our viewers, but china has more

ships, probably 370 front line warships. us has only 290, but ours are better, more capable, more nuclear powered, our submarines are quieter. if you ask me as an admiral which fleet would you rather be in charge i'd still take that us fleet but here is a cautionary note, liz. just as in world war ii, we weren't prepared for the sudden arrival of war. we need to be thinking about that today. liz: the book is called "the restless wave" and the mind behind it is admiral james stavritis. thank you so much for your service and for being here to talk about this breaking news and clarifying it. >> thanks liz. liz: great to have you. breaking news vice president kamala harris addressing the death of the hamas leader sin war on the campaign trail in milwaukee in the last hour. she's on a whistle stop tour of the battleground state of wisconsin and will also make stops in lacrosse and green bay

today. former president donald trump is scheduled to appear at the annual all ford smith memorial dinner in new york city tonight. new fox news poll shows trump with a two-point lead on harris nationally. meanwhile, trump is relying on the richest man in the world to rally support for him in pennsylvania. jeff flock joins us now live in fullsome, pennsylvania where tesla ceo elon musk is set to hold a town hall meeting. jeff? reporter: he just started l letting people inside this event. this is the first in a series of talks musk will be giving over the course of the next several days, yeah, probably backing president trump we suspect and it's not being billed as a trump rally but that's the way it is. you remember that elon musk was at president trump's former president trump's side during that rally in butler, pennsylvania and has given $75 million to the super-pack that he founded, the america pack supporting president trump. he's going to speak here to a crowd as well as in pittsburgh,

philadelphia, harrisburg, the next five days, he's going to cross-cross the state and here is the interesting thing about this. in order to attend these rallies or events, you had to sign a petition that said number one, that you supported the first and second amendments, didn't say anything about the rest of them but yet and second, and that you already voted. yeah, he wants to encourage people to vote. in fact, there's a way for you to get $47 and reimbursement if you have in fact metal of those requirements. so there you go billionaires have been to give. speaking of billionaires i would be remiss if i didn't point out it's a battle of the billionaires today while musk is here in pennsylvania, yeah, mark cuban is with the harris campaign in wisconsin, at those stops that you mentioned earlier and he'll also be on saturday in arizona and on sunday with vice president harris' husband in michigan. so, the battle of the big bucks.

liz: it's an ocean of cash, jeff, an ocean of cash that is floating these races. reporter: if we could only put that, we could cure the deficit, couldn't we? if we just put that money somewhere else? liz: exactly. or maybe fix my cleveland browns lineup. hey wait a minute. thank you very much, jeff. reporter: already tried that. liz: jeff thank you very much. robinhood, again, taking from the rich, rolling out a new trading platform in a pretty legendary way. it's already gotten 1,000 downloads in the first 46 seconds of its new platform. robinhood co-founder and couvade ceceo vlad tenev will tell us hw to use their screens like the wall street pros, we're coming right back.

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liz: all right, as the s&p 500, well it's flat at the moment but earlier it did notch another record high, along with nvidia. american express, and travelers, taiwan semiconductor, retail traders are also gaining steam and that's thanks at least today in big part to brokerage firm robinhood. robinhood just rolled out a new suite of products to help customers "harness the full power of the markets." now a lot of those brokerage sites say that, but at its first-ever consumer conference, geared toward active traders robinhood ceo vlad tenev unveiled a brand new trading platform called "legend" with a host of advanced trading tools and launched futures trading and index options. so far, his keynote, which you see on the screen, from a couple hours ago has 2.8 million views. joining me now live from hood summit 2024 in miami, florida is robinhood co-founder and

ceo vlad tenev. you're kind of in kim kardashian territory, 2.8 million views that's amazing. >> well, you know, it did exceed our expectations, but it just shows that customers have been wanting and needing something new in this space for quite a while, so we're glad to see our active trading products resonating with such a big audience. liz: what is the atmosphere like at the conference as you unveil this first-ever focus specifically for active traders platform? >> the atmosphere has been pretty electric. we've got 800 of our best customers here, so it's really the first time we've brought together everyone in one place. robinhood employees who are building all these new products, like legend, index options and futures. our best customers will use them and then we also had some great people from the media and from sports and other disciplines

mingling, so everyone's just very optimistic and its been really amazing to see and we hear about all the issues that are in the world and it seems like, you know, if you're not paying close attention, it seems like things are getting worse but customers are very optimistic, and they are excited about artificial intelligence, electric vehicles, all of these areas where america's really at the forefront, and there's just widespread optimism that that's going to drive a ton of growth in the coming years. liz: do you see a correlation between that type of optimism around certain sectors and your customer base? i know that you have about 24.3 million funded customers. what percentage of them do you expect to activate legend? >> yeah, i mean, legend was really intended for the most sophisticated active traders. that said, you know, with every

product that we build and design, it's intended to be easy-to-use, and the really interesting thing is robinhood's very popular on mobile and among younger generations. we're leading in market share, among people using mobile devices to invest in trade, but about half of that activity happens on desktop. where we really haven't been very competitive, and if you think about desktop, it gives you certain things that are hard to do on a mobile device. you have larger screen real estate. you can have four monitors or seven monitors with charts and data and tools, so it lends itself to a much more sophisticated customer and, you know, it's available for free with anyone with a robinhood account, but i think we see an opportunity to expand the types of active traders that can benefit from our service with this product. liz: okay, so, it's free.

we're a business network. how does free translate to your bottom line? >> well, the software is free itself. you don't have to pay an additional subscription, but you know, we monetize it like we do any investing or trading on our platform through lending out margin, rebate for market makers, robinhood gold subscriptions for premium services, so the pricing is industry-leading but there still is monetization even though it's lower than what our competitors charge. liz: you're offering futures trading for bitcoin and for certain crypto here. let's talk about that, because earlier today, bitcoin hit the highest level since back in july when it was really on a terror. tell me exactly what kind of demand you think there's going to be for that? >> yeah, when we look at futures, as an instrument, i think the things that make it

appealing for customers are the fact that it's capital efficient, highly liquid, the market moves fast, and it's around the clock trading. it trades 24/7 so we're offering a wide assortment of futures from index, futures, futures tracking and market or sector. we've got metals, currency, cryptocurrencies as well, and we're going to expand that over time. we also demonstrated a brand new user interface for futures which we're calling robinhood ladder and that's something that actually got a lot of enthusiasm for the active traders, because it's just you and the order book, and if you look at it, it's super-intuitive. you can just swipe orders on and off and it's very fast, so that's been getting really good early feedback, and we think that that's something we

can actually bring to other asset classes to really change the way people can trade. liz: we've got that exact thing on the screen at the moment. vlad, you just said 24/5. when are you going to expand to live trading over the weekend? beyond crypto, because crypto already trades 24 hours, seven days a week. >> yeah, yeah, we're working hard and exploring all of the angles there. that is something that we believe will happen and we think robinhood can help push the world in that direction. liz: this year? >> it's certainly the future. i think that it's not going to be this year, and it's not really a technology issue in the us. it's really the clearinghouses have to be operating and open on the weekends, but yeah. i think in the next couple of years you'll start to see that, possibly in europe before the us but i think eventually the us will catch up there as well. liz: well, just over the past month, your stock is up 16% and

never mind that year-to-date it's up more than 100%, as we continue to follow the story keep us posted on the sort of the adoption numbers of the new platform, vlad. thanks for being here. >> thanks for having me always a pleasure. liz: okay, thanks. the consumer powering the us economy of september retail sales come in hotter-than-expected. is a recession now out of the question as the holiday shopping season approaches? former best buy ceo answers that and much more, next, in a fox business exclusive. dow jones industrials up 172, nasdaq up 27, s&p up 2.

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad.

so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. liz: we've got breaking news. let's dip into a live event where treasury secretary janet yellen is speaking right now. it's the council on foreign relations in new york city. yellen is discussing the us international economic policy amid an upcoming presidential election. geopolitical tensions and the fed's continued fight against inflation, yeah, they weigh on consumers, but consumers are still powering the american economy as this morning's retail sales revealed. in another report from the national retail federation forecast consumer spending will rise between 2.5 to 3.5%

year-over-year for this holiday season, for a total nearing the $1 trillion mark. it'll be between 979 and $989 billion. joining me now on a fox business exclusive climbing inside the mind of the retall purchaser is former best buy ceo. he's also the author of the "heart of business." it really looks like the consumer is not slowing down at all. how do you view it? >> it is good to see you, liz. i think that to think about the us consumer, it's helpful to think about the us economy, and the us economy today is the envy of the world. if you look at the gdp in the us compared to four years ago it's plus 10%. any one of the other g-7 countries is only up 0-5%. china was 75% of the us economy and now it's down to 65% so as an economy we're going really strong and of course the consumer sees that so gdp is

up. wages are now growing for the last couple of years faster than inflation. we've added 250,000 jobs, you know, in september, and unemployment rate down and finally interest rates are starting to go down, so that's fueling this very resilient consumer for sure. liz: when we look at the numbers, yes, but then you see the so-called anecdotal evidence and it's not necessarily just off the street evidence. we have the walmart cfo on the show, and he said he's really starting to see even the higher-end customer is looking for good bargains. doesn't that translate to they are a little worried about the economy so they are trying to pinch a few pennies? >> it's very striking. despite all of these great numbers us consumer confidence is lower than pre-covid so i scratch my head. i see a couple of three reasons for this. one, the memory of inflation is still very vivid. even though inflation is now down to 2.4% it was only two years ago and we just started to

increase but the memory is still there. interest rates are high, and then i think the third reason is the state of the world. how many wars, liz, do we have, going on around so this is worrisome and so for now, confidence level is not as high as it used to be. the other thing that i think is a nuance is inequality. i was looking at some numbers from the fed. in the us, the top 10% households own 30% of the wealth in this country. the bottom 50% only own less than 3%. it started to improve because a number of companies and at best buy we had started to do this , are investing in their front line workers, but i think there's a long way to go and the front liners, that's the bulk of the employees in the country which are also consumers, so if companies could double down, you're talking about walmart, doug mcmilan has done a fabulous job starting in 2015 investing in pay and benefits.

liz: he raised the hourly rate and everybody said this is horrible for the company's bottom line. >> it's really work because employee experience results in a better customer experience and was good for employees is good for the economy and society so i think these are two important nuances. liz: let's get to items that have a little higher price point and that's electronics. so you having run best buy tell me your outlook for electronic sales ahead of the holiday and i ask this because it looks like longer lifespan of many of these items, even the iphone precludes people. they are like i don't need to upgrade so quickly. >> so to be clear, liz, i'm no longer running best buy and corey is doing a fabulous job with that and she will have earnings i think next month but best buy has been like many, several other companies been a rollercoaster, so when covid started stores closed and then all of us wanted to buy multiple pc's, cameras. liz: we needed gear. >> exactly. and then once you have five of each of those , you know, you run out of it and then

as the vendors were struggling with their supply chain. i think it slowed down the innovation and what corey has done is called out this year is the bottom and you've seen the q2 report computer sales at best buy started to increase fueled by innovation and i think that's what you're seeing. liz: a.i. >> embedded in the computers so i'm optimistic. i continue to be a shareholder of best buy and i'm optimistic about that. liz: best buy i'd like to say was the original apple store where you could walk in and test different things and try them out and see what you at the samh as we look at a strong consumer, credit card delinquencies now at 12-year highs. what does that tell you? you're concerned about that. >> yeah, the savings level has gone down. that's high interest rate has been a problem. fortunately i think it's going to be on the way down, and that has also positive effects and talking about housing and seen the reports from the house equipment companies, home de-fodepotand leigh's and negat-

lowe's and interest rates going down and fueling another cycle of investments in the areas. the fed had to increase to slow down unwanted inflation and seat end of the cycle. liz: the wonder when somebody like you with a broad knowledge of exactly what's out there electronically. what's the latest electronic item you've bought? >> a brand new tv, beautiful 4k tv to upgrade in the library it was the sony high end tv. i buy so much stuff and this is going on my finger -- aura on my finger tracking my sleep. former ceo of best buy going to sony. liz: i'm a samsung girl.

>> i have system sung too. liz, thank you. liz: closing bell. four minutes away and looks like a second straight day of records at least for the dow jones industrials and s&p doesn't look like it. it's downright now. they've reported third quarter results out of which 80%, we're still dealing with just 13% but 80% of 13% have beaten on earnings per share estimates and will netflix join the beat crowd? they report in just a few minutes and expected to soar 37% from a year ago on revenue that could hit 9.77 billion and today's we're working on the

audio. just a second. we'll bring up the netflix chart and show you netflix and subscriber numbers and not been as big a forefront issue as in the past. let's get to winners and losers and two and a half minutes before the closing bell rings and winners and loses and nvidia has been doing incredibly well and dough winners at the in a moment led by travelers and chevron, american express, visa and intel in the green by three quarters of a percent. flip it over to dow losers, c coke, united health, minnesota mining and faction, aka3m. look at s&p. we have the s&p looking at names

led my snap on tools and travel herreras and technology you were talking about now and ai is really playing out in taiwan semi and nvidia today hitting records and taiwan semi going with earnings and this is come ago day after the whole asml semi equipment maker had a bit of a warning and everybody freaked out. we're at the forefront of this and other thing they're looking at numbers that's striking and look at retail sales and look at retail sales and strikes going to be the performance in the sector of great literacy and at companies with the importance of build ago truly different proposition and executing for

the customers and there's room for differentiation and the strong economy. >> look at next 10-12 years and it's going to have profound affects and make us better as human beings. liz: here we go and cueing the con feted tee and dow walking up a second record in a row and thank you for joining and yous that's going to do it for the "claman countdown," kudlow is next. ♪ larry: top hamas leader and terrorists, ya ya sinwar and former u.s. ambassador to israel and david friedman and joining me i