tv Varney Company FOX Business October 31, 2024 11:00am-12:00pm EDT
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overly killing donald trump and iran wants donald trump to lose and harris to win. >> people are really attracted to his irresuppressable spirit. no matter what they throw at him, he stands on top. >> he's winning in engagement in the last 48 hours with this crazy garbage and the garbage truck and all that. >> too many money. i don't know. stuart: nasdaq is down 2.3% and
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that's a selloff. the 10-year treasury yield. big tech, they're all down and down sharply too. especially microsoft, 5 person and meta down 3% and amazon down almost 3%. now get to the 10-year treasury yield going up 4.32%. now this, if you want a fire storm of outrage, challenge the left on their home turf. case in point issue the washington post, a bastian of leftist ideology and the founder and owner jeff bezos decided tot to endorse trump or harris. they demanded a harris endorsement and didn't get it and many resigned. reportedly over 200,000 readers canceled their subscriptions and angry articles appeared about betrayal. the left thought they had the washington post locked up. to them, journalism means
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activity. promoting leftist causes and not reporting the facts. the post opinion writers had taken over the news room. it's been that way for years, but it was not a winning formula. readership was being cut in half and the paper is losing a lot of money. jeff bezos has a lot of money and clearly not ready to subdecide a left leaning halt forever. no endorsement for harris and hasn't backed down despite the staff revolt. at the heart is trump hatred and when donald trump got into politics, all restraint was blown away. hey, the washington post brought down richard nixon and donald trump came down the golden escalator nine years ago, they tried to destroy trump's presidency and trying to destroy the chances of the second term. jeff bezos is putting a lid on it issue arguably saving journalism. third hour of varney starts now.
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>> i take it you're in favor of this service delivery models >> i think it's great. paper shouldn't be endorsing anyone for this point. it's not the 50s. they should be reporting the news and feels like they're tipping the scale when is they do endorse and i'll tell you this, i've been a libertarian for a long time and not a member of the libertarian party and by in large, i tend to vote for libertarian candidates ask my person won't get elected and try being a libertarian and you'll be disappointed and tend to not get that emotionally involved in the outcomes but the journalists are and they've gotten too emotional and the more you are,
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jeff bezos had to cut costs and that's how you make money and the bottom line and we hear about a massive contract that amazon would have with the pentagon and might not want to upset a person he'd be non-endorsing. >> stuart: that side of the coin and reporters and trump in the garbage truck in wisconsin and we want you to listen to what he said about keeping the uniform on all night. >> the word garbage is one of the hottest things right now out there. >> give me my jacket and if you did, it makes you better. they got me and i said i want to wear it on stage.
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stuart: the garbage insult backfired on biden. >> yeah and it was a dumb thing to say but that's been joe biden's reality for, you know, the last 17 years, but it has been magnified for the last 17 months and he's not running for president and it was a gift to the trump campaign and vice president harris that got to distance herself from joe biden is a little late at this stage and had to do it somehow. someh. stuart: she did and very much separated now, that's for sure. we got this george clooney ad and voiced an ad i should say reassuring men it's okay to lie to your friends about your vote. watch this. >> remember, you can vote anyway you want and no one will ever know. >> do your patriotic duty. >> what happens in the booth, stays in the booth. stuart: so lie about it and vote for harris.
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>> what a full throated endorsement, stuart. stuart: earlier, julia roberts told women to lie to their husbands if they were going to vote for harris when the husbands wanted them to vote for trump here. >> they've turned men into a total caricature and want their wives to be treading on butter and wear a political burka or men are just red necks. they've got it wrong and that's why harris is hemorrhaging men and these are very condescending and also they're not out there going harris is so amazing. i'm with her. it's like she really sucks and you can vote for her and lie to everyone. stuart: seeing voiceover.
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lying about what you do and should be proud. >> have that right and not have responsibility and not be sharing with who to vote for. >> thank you, stuart. stuart: don't be a stranger, please. >> see you next week. stuart: fox business special election night coverage at 5:00 p.m. eastern we start. lauren is looking at movers again and good idea. we start with a nice gain. lauren: they make nicotine pouches and traditional tobacco products too like marlboro cigarettes. down 18% este lauder and making the dividends. stuart: uber way down. >> inflation was rised and getting too expensive and booking growth slowed and uber will continue to slow. stuart: another one, i own a
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thin sliver of uber and microsoft and that thing is down as well. lauren: that's the thing, they brought in the crowd is slowing 33%. stuart: meta also way down. lauren: still, another quarter of double digit earnings and sales gains but it's ramping up spending on ai and that's reminding some investors, oh, remember when they spent so much on the meta verse. this is a stoppage up 67% this year and small loss, nonetheless they're both strong companies moving in the right direction in terms of where the economy is heading and they're there. stuart: meta and microsoft pulling up again and way down. lou basenese with me. kevin o'leary was with me saying this is a huge problem and
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that's the cost of implementing ai. these companies have to shell out tens of billions and that's hurting their stock. >> it's $200 billion expected next year to put that in perspective and the collective profitability of meta, amazon, alphabet and microsoft is about $75 billion a quarter. they're spending three quarters worth of profits to build out ai next year. they'll have one quarter of profits leftover. we saw this with amazon and building out and this is building ai field of deeps. you have to build it before the profits come. you need huge data centers, which require a vast amount of electricity. that's where the money goes. >> the problem is power. we talked about this with a company that's a $3 billion core scientific and own the data center and guaranteed power supply contracts and you'll see the world move to an arrangement like that and need nuclear. there's no if, and, or buts about it and if we're going to be an ai generation, we have to
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have to powered by small nuclear reactors. stuart: change the subject and pce report on inflation up 2.1% over the past year. that's very moderate to me. doesn't need to have any impact on the market at all, does it? >> no, it doesn't. i think inflations under control but it's not to target yet so i think this point, stu, i've been saying in, the fed should not cut again in november or december. we'll get 25 basis points in november right after the election and you'll see them pause. stuart: do you think that bitcoin is a better election predictor than the betting market? >> i do. betting market is entertainment and bitcoin is a wager. $1.4 trillion in bitcoin and these bets are people staking fortunes on a potential outcome stuart: less expectation of a
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trump win? >> maybe today and go back and bitcoin up 13, 14% in the last month or so at least. this is momentum and trajectory is most important. stuart: thanks, lou. coming up, new fox poll shows trump and harris in a dead heat in the battleground state of michigan. we'll break down the key issues that could give either candidate the edge. meanwhile, trump ripping into harris for failing on the border. >> so now she's talking about what she's going to do on the border. well, i'm going to do this and that. and this and that. all they had to do was leave the border alone. stuart: is the border an issue that trump can fix on his own or does he need republicans to win the house and the senate to get it done? i'll ask congressman russel fry next.
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period of rule. why the hell didn't she do it? now she's talking about what she's going to do on the border. well, i'm going to do this and that. and this and that. >> for start ores, execstive action and reverse course on the 50 executive alaskas and biden is harris did to re-meaux the border protections and re-instating the remain in mexico policy, building border wall, putting back agreement withs guatemala and others and that's critical and that was a great way to close the loopholes being becaused by everyone.
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>> he could make a real dent in the problem. >> they were doing that and border never more secure and now on fire because the border czar decided to skip down and not visit the boarder and deal with the problem. what did they do and a what happens now? >> the fbi and law enforcement officials flagged to social media companies that there might be something that breaks. and the mustn'ter biden laptop story e learned and they knew all along this was coming out and here we go again. and these government agents that should be nonpartisan are
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putting their fingers on the scscales and using social media companies to censor the scotus it's disgusting. we've seen this with peter strung and lisa page and the webbization of our federal resources against people based on the type of politics and not who we are as americans and they're tired of it and we've got to do better. stuart: trump said he might even pardon them if he wins. >> what concerns most persons is that their government would be targeting catholics with mothers that get involved in the education and even targeting presidential candidates and these are problems we've seen and continue to see within the weaponization of some e committe
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and one in a new congress that would be right up there as far as priorities address. stuart: we'll see you again soon. thank you, sir. stuart: airbnb host in colorado facing $16,000 worth of damages and migrants almost destroyed her property. lauren: looking at pictures of iv living room completely trashed. her name is karen martize and unknowingly rended a home to members of tren de aragua. >> i've put all my energy and love into this property to make it beautiful for my guests. it's a beautiful place, everybody loved it. we've been hosting for two years, and this was the first time that i showed up here and my house was completely destroyed. i couldn't believe i was actually living this because until you live it, you feel like is this even something that could happen to people, but it's
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very real. this group of people are doing it to people like me. lauren: police came to her home looking for gun shells after a neighbor reported gunshots in the area and she expects the house was used for a saturday night party, 80-100 people showed up and wristbands found and bags of drugs, bottles of alcohol everywhere. furniture damaged, art damaged, everything off the walls and now she has to foot that bill $16,000, to repair the damages. stuart: good lord. what a story. thank you, lauren. coming up, a student in michigan who is not a u.s. citizen was allowed to vote in the election. he's been charged with a crime. will his vote still count? actually, i think it will. we'll bring you the story. donald trump is using biden's garbage comments to energize his base. >> joe biden's comments were the direct result of kamala's decision to portray everyone who
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stuart: cryptos are down like the market is down and we've got bitcoin at 70,000 and ethereum lower at 2570. two year treasury yield and it's been going up earlier it reached 420 and it was quite a milestone and now up 419 and market doesn't like this rise in interest rates. lou basenese with me for the hour and brought stock picks with him. the stock pick at the moment is eli lilly. why do you like it so much? >> getting skinnier with the drugs it's selling to people. stuart: you're funny. >> we had to try. this is a company selling off on
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a bad quarter as in the expectations a bit lower, but sold over $1 billion worth of zep bound without a single dollar of advertising and glp1s and weighted loss drugs are the drug of the future and next humera and was for all sorts of autoimmune dis diseases and it'e lie lily's -- eli lilly's leaders and get in and buy the dip and winner in the race between eli and nov novo nordis. stuart: after a painless injection, pills win. next one is inodata. >> this is a pick and shovel way to play and ai with contracts with five of the seven in the mag seven and growing earnings at 60% plus right now and great way under the radar and small cap company playing into the trends of getting more attention
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reporter: the chinese student used university of michigan id card at the school so register to vote and we don't know if that'll count and it all unfolded and on the university of michigan's campus in ann arbor cpi happened on sunday with the -- ann arbor on sunday and campus polling low assigned to out in ann arbor and haven't released his name and he's facing very serious criminal charges. back out here in michigan, we can tell you things are coming down to the wire and don't have much time here left. both candidates are making final push and we're seeing new polls that harris is leading trump we two points to michigan on expanded ballot and that's even
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with former president trump and he does rate best on immigration and another topic he's gaining traction on interesting in michigan is his middle east policies. we went in dearborn, michigan, and larger arob population and it's a key demographic slipping out of vice president harris' hands and voters tell me they're angry over her stance on israel and gaza and talked to emom in dearborn saying the country needs stronger leadership.
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reporter: that emom said he's not a democrat or republican but she's going for trump for those who can make changes happen. stuart: they snapped back for trump calling people garbage. >> i have to begin by saying 250 million americans are not garbage. joe biden's comments were the direct result of kamala's decision to portray everyone not voting for her, which is a lot of peep, as evil and subhuman. stuart: well, look who's back. wall street journal editorial board writer allysia finley with us today. biden's comments was another -- was it another deplorables moment? >> well, most definitely. the problem is it reinforces what voters sense about the democrats is that they view that anyone that -- who doesn't vote
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for kamala harris is a racist, bigot, sexist who believes in fascism. this -- you see michelle obama out there campaigning saying you have to vote for kamala harris, men, otherwise you don't care about women. it's a very demeaning condescending campaign they're running and biden just essentially was honest when he said when he said and a lot of democrats vote for republicans that support trump. stuart: the hate campaign against trump. >> it's a visceral reaction among the people that don't even like trump particularly as a person and view him as low crass sometimes and dent like the exciseness of media pile on against him and is he really a fascist? come on, guys.
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it's even gotten worse this year and trust in the media reached all time low at 31% and people don't even follow the new york times or washington post anymore because they view them as biased. stuart: who organized the garbage truck and whomsoever created the idea of trump at the mcdonalds? that person or these people should get a prize. >> yeah, it's brilliant. stuart: priceless. >> yeah, elon musk is head of the it's in charge of that and it's really amazing and how do you get a dumpster truck plastered with the trump campaign and closer to that .
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stuart: ellysia, thank you for joining us. see you again soon. since 2020, thousands of people moved out of california and into nevada. lauren, could the voters who left blue california turn nevada red? lauren: absolutely if they left because they hated gavin newsom and kamala harris' politics and 150,000 people left california for nevada since 2020. california ex-paths are 20% of nevada's population. while some bring liberal politic withs them, absolutely, a surprising number do not. they flood the regulations, they flood the high taxes, and some of them are openly endorsing donald trump in nevada. so i looked at rcp, polling average this morning, trump is up in nevada by 0.5. half a point today. biden won by two points back in 2020. stuart: that's fascinating. all right. thanks, lauren. coming up, a great guest.
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we have meant list oz pearlman back on the show today. do you remember this? >> i want to say the company. >> eli lilly. >> notice, folks, i told my son when we invest a dollar, we have to invest in the right things to grow. what i wrote down on the back of this bill before we started -- hold on. stuart: oz here to astound and amaze one more time. first, the cost of child care despite the last four years in some cases costing parents more than rent and we'll break down the numbers in just a moment. ♪
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stuart: djt, taxpayers trump media taking its worst hit and at $335 sackmary share and way p from a movant ago. cost of child care miked almost 25% and lydia hu at day care center in virginia hawaii are the plans to lower the costs? reporter: hi, stuart, you're right. child care costs skyrocketed under the biden and harris administration and kamala harris talking about her goal to have families paying no more than 7% of household income toward child care, but the truth is that that's so far out of reach for so many families right now. consider that last year the average family paid $11,000 and of the policy you asked about,
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the candidates kamala harris and donald trump, they're not that far off and vice president kamala harris supports an expanded child care tax credit $6,000 for newborns and jd vance back as $5,000 tax credit. but child care providers and owners of early learning centers like the one behind me say child care credits are great for the parents, but they also need help addressing their rising costs. listen to this. >> utility bills that have gone up and cost of food in order to provide for children on the program and the cost just to provide food and the food bill has gone up and the supply bill has gone up. everything has gone up. we provide services like diapers and wipes and cost of those have gone up.
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reporter: the price of services and goods and owners of child care services like this one have to hike tuition and owners raised prices on the pans by 10% this career and 18% last year. the owner here says the solution is a better economy. stuart, i'll send it back to you. stuart: lydia, thank you very much indeed. lou basenese, think anyone can get the price down? >> no one wanted to skimp on child care costs and make better pay for teachers and child care workers. stuart: lou, thank you. quick look at dow 30. oz paroleman is here and he'll amazing. oz paro paroleman and he's in o and that's the great oz pearlman coming towards us now.
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stuart: it's a moment we all have been waiting for big time. meant list oz pearlman is back with us ask ready to astound us all. >> happy halloween, everybody. i love this show. this is one of my favorite holidays of the year. i was show requesting you my kid's photos on halloween and cute photos aren't my favorite. i like seeing people with cringe. people that wear halloween costumes that go i know you're breakfast. putting in a new task and going for them and picture stuart in an absurd halloween costume. like you can visualize in your mind and, stuart, you had no idea what was about to happen. i'm meeting lou for the first time in my life. >> that's right. am i not allowed to look at you? >> look at me. what would he do for stuart? i want to think this through.
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i want you to start filling in the details. lou, look over at stuart, and i want you to close your eyes, lou. this is good. this is good. stuart: oh, this is great. >> i'm scared. >> keep your eyes closed for me please, lou. i want to see -- i've not told you what to say. this was a free random choice and it's the top. hold on. lauren: is that cringe worthy? >> i don't know. i'm going to write one more. there's always the cherry on the sunday. i want our viewers to see that and that little hesitation. lou, open your eyes. >> okay. >> looking at that, i did not 28 you what to say right now; is that right? >> he did not tell me what to say. >> you're seeing in your eye and describe, tell me the first -- what is he wearing, what's the costume? >> a wig. a wig because he's a clown -- >> a clown? >> with a purple nose. >> with a purple nose.
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lauren: that's random. >> it's not. what we need, stuart, is we need a visual. i awes raise the bar. lauren, look behind me. something stuck to my back. grab that off. let's open this up in case you couldn't really visualize it effectively enough. >> i'm seeing our very own, stuart varney, the wig, the nose, all coming together. i didn't do the right tie but you hit the purple tie, my friend. lauren: this is like a figment of somebody's imagination. stuart: i'm keeping this. >> fox business, wear that next year or i'm hurt. >> wall street meets plain street. what is it about halloween that we love seeing our kids, families and everybody happy and trick or treating and picture the face and growth indexing
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deeply and that person's face this moment. can you see them? stuart: uh-huh. >> open your eyes. are they dressing up today? stuart: yes. >> it is under $50 that the average households spend. i'm raying the lauren, close your eyes and see what the overand unders. that's the actual amount of money that's the average amount of household in america. lou, i'm letting you go first. how much cash. >> lauren goes first but i'll say $33. >> $33. okay. lauren: i d did not.
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>> you said $43.28. is that right? 43.28. you were really close. that was a very good guess. lauren: i'm a shopper. >> look at that person's name that popped in your head. see what stuart did? he pursed his lips. you did mmm. not saying that but thinking candy. the name starts with m. think of another letter in the name. stuart: this is the person? >> madelynn. is it madelynn? stuart: yes, it is. it's my granddaughter. >> your granddaughter. stuart: yes. >> only one more holiday we spend more on and the holiday we spent the most on out of my holiday? your birthday. that's your granddaughter, most know it. what's your granddaughter's date of birth? stuart: january 23rd. >> of what year? stuart: 23. >> january 23, 23. stuart: correct. >> take a look at everyone, it's
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the message in the markets and 5+ 0+ 3 is a 3 and carry a one and that's 11 and 2 and then we have one, that's 7/10/3+ a 1 that's 1/23/23, that's the day. stuart: how the devil do you do that? that's very good. >> who's going to win the election is the real; am i right? stuart: here to tell us. >> the message might be in here. that's 270. stuart: that was remarkable. thank you so much. happy halloween, gang. stuart: please, stick around for the trivia game that we play? >> of course, i'm ready. i'm going to cheat though, you know me. stuart: okay. do we do it now? yes, we do. here is the trivia question on halloween. which candy was given to solsoldiers in the korean war,
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lollipops, pixy sticks, peeps or toot seizure disorders roll -- tootsii rolls? the correct answer after this. the biggest companies deliver an exceptional customer experience. what makes it possible? 5g solutions from t-mobile for business. las vegas grand prix chose t-mobile to fuel advanced coverage for over 300,000 race fans and event staff. t-mobile powers tractor supply's stores nationwide
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stuart: laws is taking notes on the. with candy was given to soldiers in the korean war, lollipops, pixie sticks, peeps or tootsie roll's? you are the guest. >> i don't even know what that one is but that was some psychology right now. i had to go first and everyone is going to copy me. i look at that one right there and lollipops is the obvious choice. stuart: tootsie rolls, he says. lauren: we all said tootsie roll's when we saw the question in the break. i'm going with pixie sticks. stuart: pixie sticks. >> the only candy that was around back then. stuart: i'm doing lollipops just to be opposite.
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mortar shells were nicknamed tootsie rolls, candy by mistake. many marines credit it for their survival during the war. questions here. >> when you check your pockets you have tootsie roll later. just a lollipop. stuart: do you correctly know in advance that the yankees lose last night? >> this season, football, i know the super bowl already. it is unfortunately i am a new yorker. every single game from now on. stuart: if you think you know the super bowl winner in advance it is not a trick. a mental power? >> the best sports bettors follow trends. look at the data.
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stuart: you have a wife and four children. can you full them? >> my wife knows what i'm thinking before i think it. she is the ultimate mentalist but my kids coming in at goldilocks zone, i do magic tricks, watching my dad, they would eat alive. than second graders. stuart: give me any hint how you came up with my granddaughter madeline on january 23rd, 2023. how the you do do it? >> i've been stocking stuart. stuart: you were great. thank you for being with us. all good stuff. lauren: happy halloween. we are out of time. coast-to-coast is next. look who is here, his name is david asman. david: happy holiday
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