iceland there are no downs babies because they can screen out downs so if you want to avoid passing down something like parkinson's or huntingtons, that's one thing. it's another thing to start getting into maybe you want a blue eyed child or a child that you can guarantee is letter isheterosexual. charles: a great movie, speaking of great movies, you've got to watch promise me you'll watch it soon. i'll bring you a copy you have a dvd player still? taylor: a dvd player? charles: [laughter] maybe someone should screen for being old. [laughter] ladies, thank you both very much. i'll just send you a clip where you can find it somewhere. liz claman, pretty good day. can we take it into the weekend? liz: you know? i don't know, but the dow is looking a little iffy, charles, so you'll have to sit here and watch this final hour. the world series kicks off tonight. charles you know that but right now we've got the stock market

version of kind of a championship game. nvidia's market cap versus apple's at 11:48 a.m. eastern time, nvidia overtook apple's market cap hitting $3.53 trillion, a sliver above apple's 3.52 trillion. but it's kind of in touch and go since then, with let's call it 59 minutes levin to trade for the week, where does it stand right now. we are looking at the moment in this market cap competition, nvidia is slightly below 3.48 trillion, to apple's 3.52 trillion. considering that just a year ago nvidia had a $1 trillion valuation, you can not under state the impact nvidia has had in pushing not just apple but just about every other company to enter the a.i. race. former apple ceo is here live to weigh in on that, and on a company called zeta global he founded it and co-founded the a.i. data company and the stock has jumped more than

nvidia's has this year. it's a fox business exclusive. the power of explosive ai-driven growth in lifting the broader market cannot be understated either as we kickoff the final hour of trade. definitely helping the nasdaq. right now the tech-heavy index is the big leader higher by 137 points and touched an intraday record, but needs to show a gain of 231.96 points. we were already there but right now we paired that back so we need to see that at the close to make it official, regardless between yesterday's 138 point gain and today's rally the nasdaq has muscled into the green for the week by about one-third of a percent and for the week the dow, that's the loser down 2.5% the s&p down three-quarters of a percent. speaking of the dow mcdonald's stock behind much of that 2% loss. the burger chain once again at the very bottom of the dow heat map on an updated number of people sickened by an e-coli outbreak. mcdonald's pulling back another

2.7%. yesterday, it was 49 people who had eaten tainted quarter pounders. today, the fda says that number has been hiked to 75. 22 of whom have been hospitalized. one person has died. the outbreak has been traced to contaminated onions in quarter pounders, a fifth of mcdonald's us restaurants have pulled the burgers with the onions off the menu. only positive headlines for decker's outdoor the stock is gaining 10.25% right now. thanks to its super-hot hoka running shoes living up to the hype surging 35% during the quarter. deckers also owns ugg shoes raising full year revenue outlook propelled by an expected 24% jump in hoka sales. rival sketchers broke its quarterly sales regard, a favored sneaker made for both mall walkers and boston marathon winner reported blowout revenue

which initially shoved shares strategy% higher but now they have reversed and are down about two and one-third percent coming up sketchers cfo on what's the problem here, could be a china slowdown problem, but how he is calling in some l.a. dodgers to put on the sketcher shoes and we'll see what that's going to do for the stock and for sales but for now let's get to the floor show joining me now edward jones senior investment strategist angelo corefos and teddy weisberg. teddy, what's the biggest thing you've noticed down on the new york stock exchange floor regarding trader sentiment? >> first of all, liz, we're in a difficult two weeks, on the one hand, next week, which is a big week for earnings and normally during earnings reporting the markets tend to be quite buoyant but then we have the election coming up in a few days so i think that there's basically a sentiment just to move to the sidelines until we see the outcome of the election

so it's a lot of cross-currents here but clearly the last couple of days its been tech driving the train. you saw it today with the nasdaq making a new high. on the other hand, these two days aside, the overall market, the breadth has been quite positive. many more new highs and new lows so the overall market continues to act well, but i think, you know, with the election just a little bit away and yes we've got big earnings coming next week and maybe that'll light a fire under the overall market but i think for thst part, most people are kind of moving to the sidelines and let's let the dust settle and see what happens in november when we have the election. liz: angelo, teddy rightly points out a big earnings week next week. we have huge names, in fact a whole bunch of the mag7 names. amazon, apple, microsoft, i mean, we can show you the calendar right now and you can see how jam packed it is. what does that do for investor sentiment especially when people

are watching individual stocks and names and see how they do come in. >> yes, it has been a fantastic year for returns, but a lot of that has been because of valuations expanding, so now, it's the earnings that have to carry the heavy load and so far we're still in early days in the earnings season but so far results are encouraging. of course it remains to be seen whether this momentum can continue, but so far, tech remains the heavyweight in terms of carrying the load. earnings continues to outperform the rest of the market and that is reflected in this week's performance. liz: you know, i'm looking so far, 36% of the s&p have reported, 79% have beaten, teddy, on earnings per share, 59% revenue beat so what do you expect when you look in the aggregate at how these companies are doing, clearly anybody who has a product is selling really well. that translates to a stronger economy. does it not?

>> yes, absolutely, liz. i think the overall economy is a lot stronger than a lot of the economic pundits are telling us. you know, there is also this tug of war going on with interest rates which we haven't touched on. is the fed going to lower rates again, aren't they going to lower rates? is it some of this political? is it really the result of a softening economy? most folks that i talk to really don't sense a softening in the economy. things at least in this country seem to be going along just fine, but at the end of the day, it's all about earnings. it's earnings that will drive stock prices, even the election will not drive stock prices, and at the end of the day it's going to be earnings and next week, is a terrific week, because it's really a bellwether week for a lot of big tech names and a lot of other big industrial names and i suspect as in past quarters, we're going to see on-balance earnings beat the estimates and let's not forget the it's the earnings trifecta, liz, top line, bottom line, and guidance and of

the three, probably the guidance is the most important because the markets and stocks are forward-looking indicators not trailing indicators, but i think we're up for a good week, and if it wasn't for the election we be having a great week but the election could perhaps put a little blanket on things. liz: could and that could be a buying opportunity, angelo. when you look at the valuations of these stocks, i mean, i did just pick out nvidia. a forward pe of about 49. it's not the worst i've seen, but then when you look at say for example, advanced micro devices, amd, that one is right up there too in the 40s. then tesla. tesla was looking the other day, forward pe of 117. so would you advise your clients to just wait until there is a more meaningful correction? >> certainly the election can be a catalyst for volatility, but when we really look at the three pillars of support or the three legs of the stool

that support the economy and the markets, that's economic growth, corporate profits and interest rates, and the economy is growing, it is likely to slow but still grow, we're looking at earnings that are likely to broaden, outside of these mag7 names, we are seeing encouraging broadening of earnings delivery and i think that's one of the key points that investors are going to be looking for at this earnings season and when we think about the interest rate backdrop, the fed would likely continue to embark on a multi-year rate cutting cycle. we can debate about the base of it but likely the direction of travel for interest rates is lower, so when we put all of these three things together, we would view any potential volatility as a catalyst to deploy some cash on the sidelines, balance or diversify. liz: teddy, i think when angelo talks about all of these different possibilities, i'm so interested to know what the traders on the floor today feel will be the big mover. is it the october jobs report?

is it the federal reserve possibly pausing or just cutting by a quarter of a percent the next fed meeting which is less than two weeks away? here is the economic calendar. we've got wednesday, the precursor to the october jobs report which is the adp. third quarter gdp, the first read that we'll be getting on that. >> well, they are all important, liz, but at the end of the day it's going to be the direction of interest rates, and that remains the $64 question and the fed will always be the 800-pound gorilla in the room. if as your other guest pointed out there is the prospect of lower rates clearly that's a positive for the market, but in the very short-term, liz, it's going to be the election results to a certain degree. it's certainly going to be earnings next week and for the few weeks that follow. i would agree in one sense that the pe multiples that you just referred to are pretty rich if not very rich but there's

nothing rational about the stock market or the stock pricing. stocks tend to get over bought and they tend to get over sold and right now, clearly, we're in probably the over bought stage but it is supported by growth and these big tech companies in particular are the bellwether for growth. i mean, they put the numbers up and then there are others that you haven't mentioned like google and meta which actually, on a relative basis compared to the three that you did mention are relatively cheap and probably represent pretty good value, so there are still things to do. you don't have to buy a stock at 100 times earnings and get the growth there are plenty of stocks to buy at 25 and 30 times earnings and still get a lot of growth. liz: you've been suggesting meta since it was called facebook, teddy and you're right forward pe for meta way down 26, not historically incredibly low but still, angelo, teddy, wonderful to have you, have a great weekend, both of you. we're looking at investors in

capri holdings rum aging through their michael kohrs purses for the spare change after the company's $8.5 billion deal with tapestry left them holding the bag. we'll tell you what's happening and the big moves the stocks are making and later former apple ceo john scully is here and getting set to rollout apple intelligence. we'll ask him if he thinks that will mean people finally rush to the apple store for a new iphone 16 because they kind of aren't right now. it's a fox business exclusive. the "clayman countdown" is coming right back. dow is flagging down about 198 points. stay with us. meet the traveling trio. the thrill seeker. the soul searcher.

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they have reversed and they were in the green and now they are falling about to 3%. reuters reporting that the us has filed a lawsuit accusing the ride hailing company of unfair or deceptive practices. court filings show lyft created false advertisements that were misleading to drivers about how much money they could earn while working for lyft. the complaint filed in federal court in san francisco that's all we know right now. we'll get you more as soon as we get it. fox business alert the marriage of two luxury brand powerhouses is off. a us judge today nixed coach owner tapestry's $8.5 billion purchase of michael kohrs parent capri holdings and the merger would have brought together six brands, coach, kate spade, stuart whitez man, versach, jimmy chu and michael kohrs. the judge argued the deal would have eliminated direct competition between these rival fashion companies because

what, versachi is like coach? no it's not. capri holdings is plummeting 48%. worst trading day loss ever. tapestry for its part is up 13%. take a look at health insurer sentine. its been climbing at day but pulling back just a bit still up about 5.25% after reporting better-than-expected profit for the third quarter on the back of strength in its commercial health insurance plans. it also maintained its annual profit forecast and told investors that medicaid pressures would soon ease. the results are giving other health insurers a lift including molina, humana, and elevance. mohawk is hitting the floors shares of the company are having their worst day since july of 2020. down 12.5% and at the very bottom of the s&p 500 this after the company posted lower third quarter revenue on weak demand. mohawk ceo said global conflicts, political uncertainty, and inflation have

been weighing on consumer confidence and he does not expect that to improve for what's left of this year. new york community bank corp. getting punished by investors at this hour down 8.6%. the regional bank is declining at the moment after posting a larger than expected loss marking its fourth straight quarter of losses. new york community bank now pushing out its profitability goal to 2026. you may remember this is the bank that this past march got a $1 billion life line from an investor group led by former treasury secretary steven mnuchin. that's not paying off. you can see that if it did survive at least a little bit but shares are still down for the year by 66%, unable to recover the losses they incurred back at the start of the year. that's when investors lost confidence when the bank posted a surprise loss and cut its

dividend. huge money on the line as the new york yankees get set to take on the los angeles dodgers tonight in game one of the world series, we've got a live report on how ticket prices are sailing higher than an aaron judge home run. okay that was written by my executive producer whose totally bias. he loves the yankees and sketchers turning to pro athletes and celebrity brand ambassadors including some dodgers as it takes a run at knocking nike off the top of the sneaker chain. the sketchers cfo is joining us next in a fox business exclusive as it chalks uproared quarterly sales. the "clayman countdown" is coming right back. daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable.

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liz: fox business alert. the excitement is building out of dodgers stadium in los angeles at this hour. you're taking a live look at a picture of this. here we go. less than five hours away from game one of the world series between two franchises. the new york yankees facing off against the l.a. dodgers in a fall classic for the first time since 1981. reggie jackson and steve garvey are long since retired and these two teams have their own highly-paid mega stars today. the dodgers national league mvp stand candidate has the retch is

contract in baseball $700 million over 10 years and aaron judge is an american league mvp contender in the second year of a nine year, $360 million contract. these are the two-most valuable franchises in all of major league baseball. the yankees $7.55 billion and the dodgers come in second at $5.45 billion, and if you want a ticket to sit in the side yum sm you'll wish you were a billionaire. fox business max gordon is live outside the major league baseball store in midtown manhattan. okay, give me the ticket numbers let's hear it. >> hey there, liz. you said it if you want to sit in side the stadium you are probably paying a pretty penny. i was checking out stub hub, some last minute tickets. if you want to buy a ticket right now, prices are hovering around 900 bucks or so. of course they fluctuate by the minute. now, overall, when we're talking

about seats for this world series, the average ticket price is looking at around 1,700 bucks, so pretty expensive. compared to last world series where the arizona diamond backs took on the texas rangers the average price for that series was about half of this one, about $884, so is it all too much for folks? we hit the streets of the big apple to talk ticket prices are baseball fans. do you think the world series has gotten too expensive? >> i think for the average fan, yeah, i think it has. >> honestly i expected it to be a little cheaper. >> what is the most you be willing to pay for a world series ticket? >> 500. >> yeah, about 750 depending on where you're putting us. reporter: now the dodgers and yankees have the highest payrolls in all of the mlb. the yankees are the second-highest, dodgers are

number five, but they are paying for their superstar until the end of his contract, when it comes to otani, he has the most popular jersey, by sales. fans have been snatching up the yankee and dodgers jerseys four of the seven top-selling mlb jerseys belong to a yankee and or a dodger. now, when it comes to these sky high ticket prices most folks are not going to be paying them right? they are sitting at home watching the game on tv. 8:08 tonight is the first pitch and liz, you live in new york. you're from los angeles. who are you going to be rooting for? liz: oh, wow the cleveland guardians oh, they didn't make it. >> whoa! a cop-out. liz: listen, i'm not coming out. my second is definitely the dodgers. i am surrounded by fans here, surrounded by yankee fans. stay away. i love you people. thank you, mentioned, you can see the game world series between the yankees and dodgers

7:00 p.m. on fox. and have your sharp eyes open because one of the guys playing in the world series for the l.a. dodgers is utility player chris taylor. he signed with sketchers this year to be a global athlete ambassador. the comfort shoe tech company leaning into ambassador marketing with a team of heavy hitters to name a few, nba player ricky jackson, pro golfer matt fitzpatrick, sugar ray leonard, nfl quarterback tony roma, and celebrities in there too, martha stuart and snoop dog are sporting sketchers as the company beefs up its roster of all-stars to power sales. sales are what powered sketchers third quarter earnings beat. the company posted record revenue of $2.35 billion, a near 16% jump year-over-year. let's go to john vandermore. i wanted you guys on the show, john. since i saw snoop dog, wearing

sketchers, but explain what kind of traction you get from these partnerships. in other words, can you make a correlation between the dodgers chris taylor wearing your shoes and a bump in sales? >> well, you know, certainly we love all of our ambassadors. those in the sports world do a great job of representing the brand and building awareness for the brand. i've got chris' shoe right here. if clayton were pitching, we would have two representatives in the games over the next couple of weeks, but each and every ambassador plays a role for driving awareness of the grand. snoop is a great example around the olympics. i think he was the mvp of the olympics from an ambassador perspective because he brings the image of the brand up but also makes more people than we would otherwise have aware of what our brand is and what it offers to consumers. liz: we're looking at the commercial, it's so much fun to watch during the olympics and during these commercials and when i saw that i thought this has really got to help but do you see an actual bump in sales of specific shoes that are

tied to snoop dog or a martha stuart or chris taylor? >> yeah, absolutely. i mean, when we see certainly collaborations with key individuals hit the market, you know, consumers want to grab those. we certainly push those in our stores, but again, i would stress it's also about building overall awareness for the brand so they do more than just motivate sales for a particular shoe, but rather, they actually motivate awareness of the brand and that allows consumers to look at the breadth of what we offer which is truly unique, and that helps the brand as a whole and helps power these record sales we've been delivering. liz: is your goal to take on the biggest of the big? the nike of the world? you are the third largest and most popular shoe company in america. i believe also in the world, i think so, because you are definitely global and you had europe, mid-east and africa sales jumping 30% during the quarter. what do you think drives that? >> you know it's really the product and the marketing behind that product.

we were pleased to post 30% growth in emea but every region of the world and it's the appeal of what we offer consumer, style, comfort, quality, innovation at a reasonable price and hitting those characteristics for consumers across the globe resonates in every market and i think that's one of the reasons why we've been so successful really growing to become the de facto third largest footwear brand in the world. liz: the stock though is not responding well even to those records it's down just about 3% and i think some of that has to do with the concern about china weakness. i did see your china sales down about 5.7%. you had already warned, i believe last month, about that. are you seeing improvement whatsoever, because china has implemented a whole bunch of stimulus right now and in the past couple of weeks i'm just wondering if there's a difference at all. >> yeah, i will first say nothing has diminished our enthusiasm and confidence in china as a market for our brand

long-term. clearly there's macroeconomic pressures underway. since we've seen announcement about stimulus as well as with the start of singles day, a little bit earlier this year, we are seeing some encouraging signs. obviously there's a lot more to go, but we're encouraged by what we see and most notably, we've got a really talented team there that's going to make our way through this , and then continue to grow the brand in that market and quite frankly, across asia. outside of china, we grew our apac sales 20% in the quarter, so it gives you a sense of how much strength there is across the entire region, not just in china. liz: the competition has gotten tough. i see that you have been really pushing your slip-ins on holdings was a company that got in early on slip-ons where you just shove your foot in. we have your screechiers slip-ins right here, but how big is the potential for that market? >> oh, it's incredible. and it's really more of a feature than a specific look. we offer it across our divisions

and what it really does is testifies to our focus on delivering that comfort and convenience to the consumer. so we see it here in our go walk but also across divisions and that's the uniqueness of our innovation is we can deploy it in many different divisions, in work and sports shoes, casual shoes and its been tremendous for us. we're in early stages and we think this has opportunity to change footwear as we know it from a consumer perspective. liz: john vandemore of sketchers thank you very much and good luck to chris taylor and the dodgers tonight. and they will be wearing the cleats. >> he will. liz: thank you so much. >> thanks, liz. liz: the rise of a.i. maybe revolving around nvidia's chips but one company's stock is outpacing nvidia's massive move to the upside. it's a company co-founded by former apple ceo john sculley. he's here next in a fox business exclusive to tell us

what zeta global is doing to power the a.i. revolution. f them, yes, revolution, many of them are watching this company for sure. all right, you look at these big rock stars. many of them got their start and we're talking about seal, pearl jam, and everybody from, sorry what? oh, yes, okay. the foo fighters got their start because of radio dj's who lifted them from the discount record bin. radio dj's like somebody named lisa kennedy who started at the indy radio station in los angeles, kroq, when she was just 19 years old. she found a niche in the space discovering people like this , and playing their records and she ran with it, and then boy did she run to new york, landing on mtv. right there for the music video

revolution, they hired her to be a vj, video jockey and you know the music videos guided by television personalities but she really crushed it there, and then made it to television, thank goodness, all the way here to fox business. lisa kennedy, aka kennedy, is my guest on everyone talks to liz, the brand new podcast episode, drops tomorrow and i really hope that you listen, because she just was 19 years old when she became a radio dj, in los angeles, because as an intern, she just kept persisting and asking and look what she's built it into. listen on apple, google, spotify, iheartradio wherever you get your podcast. the "clayman countdown" is coming right back.

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were looking about a month ago, litecoin is up fractionally and xrp is down three and one-third percent but make sure to tune into the fox business special crypto campaign, tonight, 8:00 p.m. eastern. sean duffy is the host and if you don't understand crypto or how important it has become to this presidential election, you need to watch this special. the a.i. revolution continues to race skyward, digital realty trust third quarter earnings report yesterday is a great example here signaling huge demand to lease space for artificial intelligence data centers, as bookings hit a record, the company's stock followed suit powering to an all-time high intraday of $193 a share. it's still up 9.7% at 181 and change. the reits report underscores the belief the a.i. boom is not at least yet a bubble.

the big players in that industry including nvidia, microsoft, and meta are soaring this year, but the stock that's beat them all year-to-date is a lesser-known a.i. marketing company zeta global sky rocketed 201% on the year. better than even nvidia. joining me now in a fox business exclusive are the company's co-founders john sculley and david steinberg. john, you ran apple for a decade. how unusual is it for any company to see a 10-month performance of 201%? >> well, i think it's almost unheard of, but what's exciting is that this isn't the end. this is just the beginning, because what zeta has done under david steinberg's leadership as our ceo has moved us into the next era of a.i. we all know about chatgpt came up a couple of years ago.

microsoft announced they are introducing a.i. smart agents. well we already have a.i. smart agents and our agents are able to go in and they can monitor customer behavior, able to go in and be able to do all kinds of things which improve the accuracy of our ability to identify exactly when the customer is going to be most likely to want to make a purchase and that's very very sophisticated a.i. technology and we have it and it's up and running and part of the reason we're so successful. liz: for people who aren't as sophisticated and familiar with zeta, david, tell me exactly what it is your company can do beyond what the oracle and, you know, the sap, or the salesforce, or the service now companies that promise all these kinds of things for advertising and simplifying can do. >> well i think the biggest difference between us and

everybody else is we own one of the world's largest first-party data centers so over 240 million americans have opted into our data cloud, and then what we're doing is we're using aer artificial intelligence algorithms to figure out as john said what do people intend to do next with the highest level of intent, so we're saying this individual is going to be buying a car, they want a white convertible, in texas, and by the way, they have a credit score high enough to qualify for our premium client. so as you look at our abilities to really create and help enterprises really create, maintain, and monetize customers, at an average of a 50% lower cost by using our software, our data, and our a.i., than our competitors. liz: it feels like what you do have multiple touch points and can almost reach out with

artificial intelligence fingers and scoop in customers, john. is that correct? i mean, when you look at a three-month gain of more than 30% and a more than 110% gain over just the past six months, tell me exactly what it is that has sort of triggered this , because you guys have been in business since 2007. >> well i think what's really behind it is that we've made the investments over a period of years. this isn't something that just happened this year, and we process many trillions of visual signals a week, and that is going up at an exponential rate of growth so we have the capacity and the experience to be able to work at a very scalable model and that's what's exciting about what david described, so when he describes an individual use case, imagine doing that millions and millions of times in just a few seconds and that's why we have such big

clients saying yes we want you as part of our marketing effort. >> and liz, to put it in perspective, the last two quarters we've had organic growth of greater than 30%, so we are seeing our growth rate as a business accelerating dramatically. we were above the rule of 50 for the second quarter and then on september 4, we put out snapshot numbers for this quarter which were nicely above the rule of 50 again, so greater than 30% operating margin and approximately, i'm sorry, 30% organic growth, and greater than a 20% operating margin. so what's happening is our clients are winning, they are moving substantially move of their marketing dollars to us, and we're seeing even at our current scale, our businesses growing at an accelerated pace. liz: i was looking at your market cap. a year ago you were at 1 billion and now you're at 6 billion so great growth.

john, before we go i've got to ask you. apple is basically releasing finally its a.i. software apple intelligence next week. it did not coincide with the release of the iphone 16. we've had both the ceo of verizon and the ceo of at&t kind of wishy washy saying iphone sales aren't that great. what is the problem here? do you think that that will inspire people to finally go rushing to the verizon or t-mobile store to say now i'll buy it? >> well i'm not sure they will go rushing right now because the apple intelligence which when it does come it's going to be spectacular but the reality is it's not at the level the expectations are expecting until probably sometime next year. liz: okay, so i hope it's better than just offering the cowboy frog icon or emoji. great to have you both. we're going to be watching zeta. this is a fascinating story of real unbelievable growth. john sculley david steinberg,

thank you very much. the world's richest man in close contact with one of america's top adversaries? that according to the "wall street journal." the relationship of tesla ceo elon musk and russian president vladimir putin could be a major problem, but will it affect the ev maker's stock price? our countdown closer weighs in next on the "clayman countdown." chase knows how to put the hart in your local community. evan! you're helping them with savings, right? (♪) somebody just got their first debit card! ice cream on you? your money is a part of your community, so your bank should be too. like, chase!

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from unitedhealthcare. smart now, really smart later. liz: just 11 days and counting until election day. former president donald trump is on his way to michigan at this hour after holding an event in texas. vice president kamala harris campaigned with former president barack obama in georgia. tonight she holds a rally in houston. the new york times final poll before the election reemphasizing how close this race for the white house really is. trump and harris are tied at 48% a piece. charlie gasparino joins us now with more on how trump's chances at a return to the white house are affecting the stock of trump media and technology group djt. charlie? charlie: well, liz, if you look at wall street they don't think this is close. i'm not endorsing what wall street is saying but wall street is predicting if you look at the prediction markets, a fairly

significant trump win. they think the tied race is, you know, basically race to lose and what you're getting is an interesting pop in trump media and technology group, trading under the symbol djt. for the past month i just wrote this down. djt is up 173%. that's a massive gain. now, we are a business channel. i can't tell you whose going to win the election. i can only tell you that the market seems to be suggesting donald trump will win the election, and they are bidding up shares of djt because of that. now here is where it gets interesting. its been a few year, liz, since you and i have been talking about short squeezes. mother of all short squeezes, with stocks like amc, and they did a whole movie on these short squeezes. s-3 partners, it's a research outfit and i find very, they are

very good particularly on stuff like this , believes the chance of djt being a short squeeze is huge right now. so be prepared if you have shorted the stock and this is a heavily shorted stock, for all of the reasons we spoke about in the past. the fundamentals are pretty lousy, but they trade like a meme stock on extraneous factors like donald trump's chances of winning the election. 40% of the float, there's 40% float out there. 15% of that float, that's of all outstanding shares. remember the insiders hold a lot of the shares including donald trump. 15% of that float is basically owned by short sellers, which you're talking about is a crowded trade and you're talking about real potential for short squeeze, particularly if those polls move in any direction of donald trump. so if you own this stock, and you're shorted, or if you own

it, that's a pretty good bet because you're just trading off of this sort of exuberance, whether it's irrational or not, is another story but if you short this thing, man, this could be the next gme, at least according to s-3 partners, liz and it's a hugely shorted stock. a lot of players are in this because they don't like the trade. they think that it's a crummy company and social media stocks are bad. twitter as you know didn't do so great. elon bought it probably over paid by like $40 billion for the thing, but you know, there's a different play here. this is a momentum play. the momentum is on donald trump's increasing poll numbers and that's being reflected in djt and creating a situation. you may have a short squeeze coming any day now back to you. liz: charlie thank you very much. big run-up and speaking of elon musk he's been on the campaign trail for donald trump in recent weeks but today, the "wall

street journal" reports that musk has apparently been in regular contact with russian president vladimir putin since late 2022. this development raises potential national security concerns, because as co-founder of spacex which has contracted with pentagon and nasa, musk has special security clearance that gives him access to certain highly-classified information. joining me now on how this news could impact musk's business interest which of course include tesla is sound planning group ceo. david, the "wall street journal" is just hitting the tape with this. the nasa head, bill nelson, says the "wall street journal" report of musk's talks with vladimir putin should be investigated. the concern, obviously, is that he has top security clearance, and you're talking to one of the biggest adversaries of the western world, vladimir putin. so how do you think that this all looks to anybody whose considering investing in anything elon touches?

>> well i think there's a couple things we should look at. one, you know, it's kind of interesting on the timing of when this came out. what happened this week? brics is meeting and they are telling us they are coming out with a new dollar. we have elon musk -- liz: let's just explain, brazil, russia, india, china. >> that's right and they are talking about a metals exchange, a gold-backed currency so what's interesting is if you think about elon musk, a capitalist, he's going to have to go out and make relationships with other entities, organizations, world leaders. absolutely he should be investigated on the confident that every tweet he's got going on, probably phone calls, there are security protocols that go on when you have this level of ability to do this , but i believe that elon musk is in good hands. i don't think he's doing anything crazy right now. i think this looks like a lot of political fodder on friday right before the election. liz: we've got the stock moving higher for tesla of 3.25% with a terrific week as the numbers were very good. let's just broaden the picture here. is this a buy at the moment

for you? >> i think that tesla is absolutely a buy right now. in fact, for sure we know the answer. it was a buy in the hundreds. now we're in the 2 hundreds, and now we're looking at autonomous taxis, looking at landing space ships standing up that's incredible and now robots that might even be 20-$40,000? and they could be your personal assistant? this could become the most incredible stock that no one saw coming. we thought it was just cars. here he shows up 22% in one-day. liz: well i'll tell you what nobody saw coming. they didn't see the mcdonald's negative story, which is what is hurting the dow right now. down 253 points. david, thank you very much. >> [closing bell ringing] liz: the s&p it's just starting to flat line, slightly lower. we'll see what happens, nasdaq again, we'll see you monday. larry: hello folks welcome to kudlow i'm larry kudlow. so