charles: 15 seconds to go, a few bumps in the road here early on, how do you feel because trump's got to hit the ground running and get things done. >> well, first thing is we need to get the senate to confirm pete hegseth, tulsi gabbard and rest of the cabinet to get to work and make sure the first 100 days make asen impact for the american people. charles: making all the difference in the world. congressman, thank you very much. appreciate you. >> thank you, charles. charles: markets trying to come back here. last hour of trading tech trade. >> they call it the cp affect, now we have the lc, we'll see what happens big news in stocks, mega cap, bitcoin, treasury yield, oil a lot of action as we kickoff the final hour of trade. the dow is in the green of 282-point up i have a session again of 331.

the dow is getting a lot of help from united healthcare, pretty decent game with united health but the rest of the broader market is swimming upstream. s&p did not quite make it there, they are still down five-point, the worst performing sectors utilities, tech consumer discretionary but it is the tech titans that are serving as the cinderblock dunking the nasdaq underwater, the nasdaq losing 142 points and friday we saw 317 points slashed from it. the five day loss now stands at 843 points or four and a quarter% for the nasdaq. some of the biggest locker, supermicro computer that is not looking healthy, five and a quarter inch. micron still up 13% this month is losing 4.6%, palo alto down 3.8%. nvidia lower the nearly 3%, meta is down till apple the worst performer on the dow, this is big tech that is swimming at the moment, why are the bears rising

interest-rate in a week ago friday it stood at 4.17% for right now that yield is at 4.80% it is skyrocketed to a 14 month high. friday we got the december jobs report which crushed estimates much stronger than expected, that's a resilient jobs picture a could indicate inflation might heat up again putting future that interest-rate cuts imperiled, were going to get the very latest inflation picture starting tomorrow we will know much more will be get to decembers ppi producer price index inflation at the wholesale level and wednesday this is much bigger, the cpi measures consumer prices, what did they do in december, we shall see but we will keep the ten year yield in our sites. i have to say numbers and data mean very little to those in southern california they were basically stuck in a living

nightmare a full seven days after it started the pacific palisades fire is only 14% contained. it has claimed 22700 acres the hearst fire is the best of all of them, 95% contained but the eaton fire, the pasadena one we have that only 33% contained, 14100 acres total destroyed here, the blazes have torched 12300 homes and businesses in the case of the palisades fire, that's what you see, topanga beach, palisades, the entire area stretching to the ocean, malibu has been evacuated. the aerial you of the palisades is an absolute moonscape, block after block of homes turn to powdery gray ash. with the winds expected to pick up tomorrow, there will be a red flag alert tomorrow. right now l.a. county windsor

5 miles per hour but it could turn much worse. now we have brentwood which is to the east of pacific palisades that are under mandatory evacuation orders. thousands of firefighters, see the wind, it's going to get worse tomorrow they are tirelessly battling the flames from the air and on the ground working around the clock to protect the next area as a set brentwood but also encino in the valley from the wildfire. the torched cities are virtually shut off to everyone but firefighters, law enforcement and members of the press the only ones allowed in, the l.a. county sheriff's have arrested seven looters and two of whom were just as firefighters who were trying to prey on victims properties. amidst all of the devastation there are moments of faith and good news. one malibu resident doctor chester griffiths seen here after battling the fire with just water hoses was able with his son and one other neighbor on malibu beach to save the

pacific coast highway, they fought the montrose buyer for three days and three nights and when it was over the emotion was overwhelming for him. listen. >> we did it. , the houses here, the houses here all houses are here. >> oh my god. >> one of the neighbors homes doctor griffith saved belong to film director john travolta that joins us live from above the area. john and his family were evacuated and have not been able to return home yet.

i can only imagine the gratitude that you must feel for doctor griffith, when did you hear he was staying behind to fight the fire? >> we knew he was staying behind and we were angry and my father-in-law that lives next door to me wanted to stay behind and we were angry and we made my father in law to leave and he wouldn't leave and we thought they were nuts, they are nuts but they pulled off a miracle. exhausting nonstop. liz: you can see that within him. tell me about your situation, when did you first get evacuated were you in a panic, what did you grab, your home thankfully has been saved by doctor griffis, reach back to a couple of days ago. >> we have so many fires in so many things happen that we start to roll her eyes at this evacuation orders. in malibu with every fire that we had is never cost the pch.

for the most part a lot of the beach roll their eyes attack would happen don't worry. in the heat of the fire, the winds when people started leaving the first thought we have to find a place to stay until they let us back in. no one stayed three weeks or for good. nobody knows how to handle it it's so bad the world to get how bad it is. >> were looking at a stretch by your home that was saved is complete desolation maybe if the camera crew can pan back right to the house, as i understand it that is john's house. we have a camera on your house right now. that is certainly i'm sure comfort but tell me how do you

feel regarding thousands and thousands of people up the hill in the pacific palisades and what is happening, you evacuated, you had to move out with some of them had no place to move back. >> it is empty is totally empty. when one post enter person loses their house everyone rallies behind them in that person is bereft in his tragic. when it is everyone we have no experience with that but people are handling it really well. they are floating through, okay my turn, my house, another one. everyone is rallying around each other but when something bad happened to state a friend's house or your friends houses gone. it is everyone. it's everyone and everything, all the schools are gone and all

the students aren't there. if you built the school there's nowhere to go. liz: you and i have known each other since kindergarten we went to school through high school and i am so glad that you and your family are safe but i'm sure there's going to be posttraumatic stress syndrome and thinking about survivor guilt in a way. your house was able to be saved and somebody around you know how you deal with that. >> your way underestimating my powers of denial. and how shallow i am, don't expect me to have too much trouble. we are all going through it and so many people are in this together we are all talking and everybody is aware of it all helping each other find houses, staying with each other but is the whole concept of this where

everyone lived in the way that we lived in where we ate and all of it, some are realizing but i'm not see these people every day. inequity see those kids or their parents ever again, they have moved in they are gone. there is a picture my wife sent me of a bunch of kids in my daughter's halloween trick-or-treat. if all of those kids only four still have houses. thank you for telling your story. i know one of the things you grab for the script that your father had written for stanford and son and that girl the old somebody shows love american-style, so very, very happy at least you got something out there, thank you for joining us. >> it's crazy we sold that self inputted for safekeeping in malibu. that was a great idea.

stay safe, thinking to you and your family. we need to tell you the callous californians were not as fortunate as john the latest numbers show 12500 structures including many homes have been damaged or destroyed by the l.a. fires with 300,000 residents under evacuation order the disaster left thousands of l.a. county residents without homes there driving to evacuation centers in shelters l.a. county robert luna saint 700 people currently being housed across nine shelters but that is probably an understatement. those looking for housing where can they stay skyhigh prices in some cases outright gouging during the crisis. summer taken a drastic measure they are fleeing los angeles entirely to rat on the east coast real estate breaker under broker up and down the east coast is working with l.a. desperate for housing he is here with the fox business exclusive. what are you hearing from clients on the west coast. >> first and foremost it's a tragedy of proportions and were

doing everything possible to help our west coast brothers and sisters much as we possibly can. started on wednesday morning we started getting phone calls for real estate agents based in and around los angeles first saying we have clients that might need to evacuate their thinking about coming to the east coast on thursday that picked up on friday became worse and worse and we feel those calls all throughout the weekend and we started facilitating rentals but those are about to turn into purchases immediately and people came to us and said this is the final straw for the state working to move and were coming to connecticut, new jersey and long island, the hamptons in new york city and across florida. liz: i would imagine queens brooklyn, all those places. when we look at what's happening in l.a. there is a gouging rule, there is a law that you cannot charge anything over 10% higher than what the previous price before the crisis was but a lot of different realtors are

demanding more from seven months, a year of rent, they are tripling prices and tell me what you know of the law and what will you expect to happen to realtors and brokers that do that. >> as far as i know no penalty against the realtors in the ask so far is coming from the owners and the landlords were taken advantage of the situation, you cannot raise pricing at a rental north of 10% of the most recent price, the penalty isn't that great and your call what is it mean to be a disaster capitalist, yes a forest fire a wildfire in the palisades is a tragedy, we saw prices skyrocket

emerge april may june july same thing after 9/11. it's enforcement that may be the issue with the massive housing crunch and bidding wars we found all of our horton he found this on instagram and he's doing the omens work in making sure we can put up instagram he's very concerned about all that is happening and is making sure he puts all ideas for rentals enjoyed eating commissions right back to the renters. that said beyond what all of our thorton is doing insurance even if people rebuild they can't get insurance anymore. >> they could not get insurance before this, yet 65000 homeowners lose their home insurance in this general area before this all happened, same

thing on the east coast tried to get flood insurance in brooklyn you cannot do it anymore whether you're on the waterfront or not. we are donating directly to the los angeles fire department doing that through all of her subsidiary companies and to help anyone moving to the east coast and were doing everything we possibly can to help everybody as quick as we can. >> what are the good ones, thank you for joining us. coming up the feel-good story few and far between. will speak to the owner of the house that is being called the miracle of malibu, former vice management ceo is here to tell us how the structure survived the surrounding inferno that laid his neighbors homes up and down the coast to waste. we return in just a moment, the dow jones industrial and the green the rest are in the red. stay tuned. i headed? am i just gonna take what the markets gives me?

no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management morikawa on 18. he is really boxed in here. not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? anybody see it? oh wait, there it is! back into play and... -oh no, it's in the water. wait a minute. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business. at harbor freight, we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love. whatever you do, do it for less at harbor freight. ♪

when winter season hits emergen-c supports your immune system with so much more than vitamin c. be ready to fight back with emergen-c and for on-the-go immune support try emergen-c crystals. no water needed. tamra, izzy and emma... they respond to emails with phone-calls... and they don't "circle back" they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety- clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours.

let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪

>> fox business alert like a seven-day full version until it's over u.s. steel rising at this hour that cleveland cliffs, two steel rivals may issue a joint bid for u.s. steel, the first one reportedly be in a high $30 share range. up six and a third% to $36.33 offer for ust on national security grounds. today the u.s. government also extended the deadline from next month to june for nippon steel to decide about abandoning the deal, cleveland cliffs support a half percent, newport of three and a third%.

we have actual big merger monday news, johnson & johnson making the biggest deal in two years, the pharmaceutical giant announcing today it will buy drugmaker intercell cellular therapy for 14.6 billion or $132 a share. it is up 34% but it is below that price, is at $127.26. it's used to treat schizophrenia and depressive episodes associated with bipolar disorder. j&j getting a little bump up 2% staying with the merger news, bill ackman say nice try but i'll take it from here to real estate development company howard hughes holdings, shares of hhh are gaining 10% at the moment after bill ackman offered to buy every share it doesn't already own, the price $85 a

share, right now hhh is at $79 even, total price a billion along with its affiliates already we have purging with about a 37.6% ownership stake. in a letter to howard hughes, ackman wrote while he is pleased with the business progress that howard hughes has made over the past 14 years, he along with other long-term shareholders have been displeased with the company stock price performance. you can see it here, howard hughes went public in 2010 the stock is up 164% but you compare that to the s&p 500's gain of 375% in the looks a little thin. forget about your cell phone battery dying tiktok is on the verge of feeding the black for good. on sunday unless the supreme court intervenes for the chinese owners decide to sell it billionaire is the one you hope to buy it, he is here, for some fox business again his odds of getting the opportunity to scoop

up tiktok. tiktok sensation the risley may have to find a new platform for his video and takes if the band takes place late euro phenomenon this is him he was such a hit in the fox news radio offices with lines of staff members coming to meet him and mimic his signature face the facial expression with millions pressing the follow button i had the chance to sit down with christian the risley here how he went from dressing up one post he dressed up in the "black panther" on the tiktok account on halloween to join forces he later went with influence big justice in a day as a costco guy to strike imagine under major brand partnerships. he is only eight maybe even caught him live on "the claman countdown" for listen wherever you get your podcast, everyone talks to liz is everywhere, download it, listen and let us know what do

you think. the dow is gaining 313 points at the nasdaq the big locker, andr) three quarters of 8% lower l or. 136 points, stay tuned. hoarding the financial advantages for far too long. (auctioneer) 7.5 at the back. (man) look at them — unaware that robinhood gold members now enjoy the vip treatment — a 3% ira match on retirement contributions. (auctioneer) 11 million sir. (man) once they discover their privileges are no longer exclusive... their fragile reality will plunge into disarray. ♪

ichi, ni, san, shi... (1,2,3,4 . . ) ruri never thought she would live out her dream. then one day, she did. you were made to chase your passions. we were made to put them in a package.

♪ in any business, you ride the line between numbers and people.

what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there.

>> fox business alert tiktok is trying to beat the clock the most popular video app in the world has six days until the federal government officially pulls the plug on the operation in the u.s. that is this sunday

we are awaiting a decision from the supreme court on whether it will uphold the device to be in law passed in april by a bipartisan congress after two and half hours of oral argument on friday the highest court appeared ready to pull the federal law, no official decision has been announced we are expecting when any moment, there could be one saving grace that could secure tiktok's future. if it were to divest the u.s. arm to an american buyer kevin o'leary a frequent guest on the show and another guest that is always here to talk about this billionaire have teamed up to make an offer for the app and are ready to cut chinese owner bite can't a check. joining us fox business billionaire project liberty founder frank mccourt junior. thank you for being here, first off give us a sense of what do you think will happen with the supreme court. >> i agree completely the

supreme court was very sympathetic to the government's argument i think they will rule in favor of the government against bytedance in the legislation will be upheld. is not a matter if it's win spirit bytedance that were not selling. as they say there is a price for everything, what are you and kevin o'leary willing to do for bytedance. >> beat the key to buy u.s. tiktok without the algorithm. i think it is clear bytedance is not going to sell with algo algorithm. if they were to assume that every buyer would want the algorithm is not for sale and node deal can happen. we spent five years building in the on board the 70 million without the algorithm in any china ip. >> i'm dying to know how you and kevin o'leary mind melted your

two very different people who made the call to him. >> kevin text me and say can we speak i want to talk to about tiktok and i called him and he recognized my 617 number kevin and i are two people that have a 617 number and we started to chat. he said i talked to all the bidders potential bidders i scan the landscape. if the sells you the buyer and wait for the head than anyone also you're the winner and i want to be a part of your bid and i said for sure, we're looking to include anybody who's of like mind by this platform keep this app alive in move it to the clean stack. >> tell me about the check what would you write. >> i talked a lot about what we think is worth and you can assume that is probably what we offered and the reason i'm being

coy in our proposal to bytedance we said were knocking to talk about the specific terms of our offer until we hear back from you, so far what we heard they have received our offer, they acknowledge they received the offer but we have not heard a response to the offer. >> i heard the value put for the u.s. arm, anywhere from 40 billion to 150 billion but nobody really knows because the chinese company. >> is far less than that. >> we understand your offering 20 billion, and my close ? >> you are close. let's think about this the u.s. tiktok only is 8% of the revenue bytedance in less than 8% of the user base. we think were in the ballpark and we have a good sense of what it's worth, $20 billion is a lot of money. the u.s. investors would love to

see something for u.s. tiktok rather than getting nothing. >> there is a major question whether anybody could stop the device to be and rule law from going through, kevin o'leary met this weekend in any insight into the conversation. >> obviously i'm not going to share any details, first of all private conversation and secondly one i was not a part of. i talked to kevin and flew to new york and i have a good sense of what's going on in bottom-line present electronic would like to see the apps they lit up he does not want to see a band he's been outspoken about that. >> he was outspoken on the other side when she was president. >> now he understands it can be kept alive and still protect american citizens. that's the beauty of the tech stack we are not relying on the chinese algorithm we are

separating the user base and their data from the back end. >> can you solve the problem that the government is worried about tiktok by being owned by china is looking into people's data and see what americans are doing, arguably driving wedges with social media between different sides to really break up this country with terrible messaging, we saw it with post october 7 we sell it with the election and you and kevin are very different he is classic mrn more concerned about making sure people own their digital identity in making sure that they control their digital identity. >> my family has been doing business for 131 years there's a lot of capitalism in me were not suggesting we will buy tiktok and not make money, of course is has to be a business proposition that can grow and thrive and prosper, you stated the problem

while it is not just china has information on 170 million americans. it's they can feed information to 170 million americans that suits their purpose. with a solution to a problem and we understand the problem, the solution is separate the backend, separate the algorithm, separate the peace from u.s. tiktok. then i say bytedance will sell it, why not and then we can move the user base to the american stack solve the national security issues president-elect trump wins because is not band, the tiktok user base wins because the stays lit up. american citizens when because they're protected in the u.s. investors when you get to get real money because they get tiktok, i think bytedance will let it go without the ip.

>> without the algorithm is supposed to happen on sunday were waiting to see if it gets a day of execution, we will still see. good to see you, thank you so much the calamity in california described as apocalyptic, one single home on the pacific coast highway is grabbing the world's attention, their calling at the malibu miracle home the lone survivor on the stretch and may be the answer on how to prevent this kind of mass destruction in the future. waste management ceo david steiner joins us next live on what kept it fireproof admitted stretch of devastation. we're coming right back. ♪

(traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go.

when i got diagnosed with skin cancer, it was right under my eye. i was told that surgery was the only option, and i did not want to get cut open on my face. i asked my women's group to pray for me, and one of the other ladies told me about the procedure that her friend had and it was gentlecure. if you, like millions of others, are affected by skin cancer, it's important to know that surgery isn't the only option. there's another choice, gentlecure. gentlecure uses low energy x-rays to kill cancer cells with a 99% cure rate. plus, there's no cutting, no surgical scarring, and no downtime. i had no pain. i have no scars. and i'm cured. amazing. to learn more, call today or go to gentlecure.com.

do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance.

so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. >> fox business alert here's a question swirling around the entire nation, how could somebody homes in densely

populated cities in los angeles be destroyed and why did one single home in malibu survive look at the fox news clip from last wednesday trace gallagher who was on the pacific coast highway in southern malibu describing how the palisades fire had come down from the hill jumped pch and engulfed multimillion dollar beachfront homes, that clip was sent by a local contractor to the homeowner who was out of state the contractor warned it was burning up all the surrounding homes which it eventually did, you can see from the video taken by the neighbor from the beach but the next day almost like a phoenix rising from the ashes, the three-story structure was still intact amid the charred remains of the neighbors to the north and south. let us take you to a live camera to the home which is located on pacific coast highway standing there amid the ruins on either

side it is owned by waste management ceo dave steiner who joins us live now. thank you for being here, you were not there thankfully but you have to tell us what were your thoughts when you got the first clip of fox news and trace gallagher and the contractor said yours is probably next. >> it was an emotional roller coaster i got the clip as you mentioned a former ceo at waste management there's one thing that waste management does better than anyone and that's respond to emergency i checked with them they had a water truck that they could get their and by the time they could get the truck there the fire was out for the day and then it came back with a vengeance and created the scene that you see there. >> house after house. suddenly there is yours. let us discuss the material of the house. it's really become emblematic of

the future if people will rebuild in fire prone los angeles county, tell us about the construction of the house that you feel kept his deity. >> the house was built to withstand earthquakes and wildfires. it is concrete with a stucco on the outside and a fireproof room columns that go 50 feet down into bedrock, to be totally honest i thought as an earthquake and a wildfire house, you can see it on the water with the winter storms would hit my beach wall it would literally shake the house and i always knew if there was an earthquake it would be the last house standing there. i never envisioned it would be a wildfire that would leave it at the last house standing and when you look at it there you can see both the beauty and the pain on

both sides of me. >> insurance were you insured we know a lot of these homes were able to get insurance. this is going back a couple of years because of the threats. >> interestingly you can imagine i thought i lost the house so the first thing that we did was check on the insurance policy. there's a 50% wildfire excl exclusion, the house is only half insured and that's turning out to be the case with a lot of the homes. the idea to me i grew up in new orleans and in new orleans we obviously had hurricanes and floods and in houston in the building standards for hurricanes changed dramatically over the years and i went through hurricane and not a single tile move because of new

construction standards. i think that's what you'll see in malibu no doubt about it they will rebuild bigger and stronger than it's ever been. >> that is a word of hope. we do know insurance rates are almost impossible at this point you not to mention we have interest rates much higher some people have lost their homes may still have a mortgage that they have to pay, not to mention they can't get insurance if they were to rebuild the interest rates are skyrocketing. what is your hope in future that will take to rebuild. >> i know you the governor saul the standards of the people so good they can build quicker. you raise a great point. my neighbor inherited the house from his parents lots but his lifelong home. in the value of the home when it

was built was so much less than it is today that is my biggest fear, will be rebuild, people will rebuild there's no doubt about it. will we be able to rebuild with the residents that were there, the people that made their homes there in the raise their families there, will they be the ones able to rebuild and thus their sole source of income. how do we make sure that they can rebuild to the same magnitude of what they lost. >> you mentioned that the topic of waste management is very good at crisis management and they have water tracks. talk about how when you were the ceo you prepared for these things, waste management is not just we show up twice a week and get rid of your trash i watched closely in the past and when you were undercover ceo i remember that hit his fascinating to me

how there are good corporations that come through difficult times. the beauty of a company like wme with 50000 employees around the country when there is a disaster in a localized area kno we can t people there that day. when katrina hit new orleans we built a camp for our employees we built them homes to live and to service the community. having that ability to move people and assets around is a huge advantage for company like wan. >> into cui know you were expected to come to the house to check it out in your to be with fox business cameras. we will see you later this week, safe trip. >> thank you, liz, i appreciate it. >> join fox reported families impacted by the wildfires in

california. what your donation does enables the red cross to respond and help people recover from this disaster on site, you can visit go.fox/red cross to support the effort or there's a qr code but your photo to the tv put it there and scan the qr code indigo take you to the website you thank you for all you do, the dow jones industrials of 285 the l.a. wildfires are putting music figures like in jeopardy the grammy awards have made a decision about the february 2 at that. we will tell you what it is when we come back along with today's program closer who has one pick a bigger portfolio even if the music is turned down in hollywood temporarily. "the claman countdown" coming right back.

patients who have sensitive teeth but also want whiter teeth they have to make a choice one versus the other. sensodyne clinical white provides two shades whiter teeth as well as providing 24/7 sensitivity protection. patients are going to love to see sensodyne on the shelf. at harbor freight, we do business differently from the other guys. we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love.

dexcom g7 is one of the easiest ways to take better control of your diabetes. this small wearable... replaces fingersticks, lowers a1c, and it's covered by medicare. not managing your diabetes really affects your health for the future. the older you get, the more complications you're gonna see. i knew i couldn't ignore my diabetes anymore because it was causing my eyesight to go bad. for my patients, getting on dexcom g7 is the biggest eye opener they've ever had. i couldn't believe how easy it was. this small wearable sends my glucose numbers right to my phone or my receiver. with just a glance i can see if i'm going high, low, or steady.

so, i can make quick decisions in the moment. now, i'm a superstar. my a1c is 5.7. my a1c has never been lower. no other cgm system is more affordable for medicare patients than dexcom g7. don't wait! call now, and talk to a real person. investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes.

let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ the closing bell rings and look at s&p and finally punched into the interreign here and it's up about 3 points, may not sound like a lot and earlier down 53. pretty decent swing from trough

to peak here. we're looking at markets go up and mixed picture and the vicks ux look at intraday picture and vicks was up in the green and now it is reversed down about 1.5% to about 19.24% at the moment. 4.80% and it's off that right now at 4.79% and we got that strong december jobs report number on friday, which indicates that, you know what, if the economy is pretty resilient, the federal reserve may scale back what we expect to be even two interest rate cuts and as we continue to watch that, the show must go on. today, the regarding academy announced that the 67th-grammy awards telecast will air live from los angeles february 2 as planned. this year the telecast will double as a fundraise tore support wild fire relief

efforts. gramny nominees include most streamed song of 2024 on spotify, billie eilish's birds of a feather. speaking of spotify, they're making top spot on count down closer list of stock hits and 3 billion in assets under management and senior portfolio manager thomas martin. where do you see pot fio going? there's a great subscriber business and really key and it's just revenue that comes in every single month. that's terrific and hasn't done much, year-to-date it's flat. >> well, thanks for having me on your show, liz. spotify of course had a monster year last year and so it along with other companies particularly today, but also really so far this year in the communication services and the technology area and those companies that just did so well last year are take ago little bit of a breather. today you're getting a classic

really rotation into all of the other industries into value oriented stocks. we'll see how long that lasts. but spotify as you said has a great business. they are a pure play on global audio and discovery. there's just really nobody else like them. they have the technology and the algorithms that people like, that generate music ideas for them and play lists for them and a usability that is beyond their competitors. they have a third of the market share and two times the next biggest competitors and apple, amazon and youtube, but of course those are pure plays and really, relative to other streaming services, spotify's service is kind of underutilized and certainly underpenetrated so they'd have room to get both

pricing and margins. liz: pot fio uses ai and they have an algorithm to find what they use next and the developer from the consumer electronic somehow in vegas and ceo of chat bot perplexity and gaining huge traction. where do you see the opportunities in ai specifically in any subsectors? >> well, a lot of that is throughout a number of companies but it will be also in the technology area and in software, those companies that are taking advantage of those models and being able to deliver products across to other industries but you'll see it coming through in retail for example or in really anything, the food companies and

in consulting and anybody that can leverage data and get better usage and efficiency and information out of it. this is coming but it's not going to be easy. it's not going to be a one easy path; right. liz: we have about a 30 second answer for this question and tomorrow we get the producer price index and wholesale level and wednesday consumer prices for month of december. start it all at inflation rearing its head. >> well, i think we all are a bit concerned about inflation. and particularly the fed are wondering how the fed will factor that in to whether they lower rates or not and whether rates will be higher for longer. so looking at that number, and of course any number is a one number but if it will come in a little bit on the less steamy side, i think that that'll start to just ole concerns from a nonstop ramp up in inflation

expectations. that's what we're looking for. liz: okay, thomas. good to see you. thank you very and have see you next time on your screen and 10-year yield and 4.79% and interest rates are rising. that of course makes borrowing capital more expensive and hurts smaller and mid cap companies and big tech companies so that's why you see a bit of weakness on the nasdaq but way off the lows of the session. with we'll see you tomorrow. larry: hello, folks. welcome to kudlow. i'm larry kudlow. well, donald trump's defense secretary nominee pete hegseth heads into his confirmation hearing with very strong momentum behind him, and we have some breaking news on that, really breaking news from fox news digital. alts senator tommy tuberville