what the heck is going on? >> mental health. i think this is a generation that grew up during covid that is so obsessed now with mental health, they know that how bad the red dye 3 is, how bad tiktok is for us, we hope eventually we get there. they understand how drinking is bad for us, they're pulling back. >> she's so smart because she doesn't drink. [laughter] i am buying it, charles, because if you have heard of dr. amin, he's a brain expert -- charles: on tiktok. [laughter] >> yeah. no, but he does have critics as well. he studies the brain -- charles: ladies, thank you both very much. have a have a great weekend. liz claman, over to you. liz: yeah, on tiktok. [laughter] we've got a lot of tiktok news here. take a look at this. the s&p 500, folks, right above the 6,000 level and trying to stay there right now. the markets are actually having their best week since early november. of there it goes, just one point above the 6,000 level for the s&p. still gaining, a nice move here

of 63 points. the major averages looking bright green. oh, like my jacket. i did it. i control the market. all right. yeah, we've got the s&p -- oh, now it's even at 6,000. i'm going to be watching this constantly here. dow jones industrials up about 3.7% for the week. the s&p up 3%. nice move for the nasdaq, up 2.5%, and bless their small and mid cap hearts, you know, earlier the russell 2000 was up 4 on the week. right now it's pared back just a bit but still up 3.7%, but quite a jump there. intel is affecting names that are topping the dow jones industrials like nvidia. intel is soaring at the moment 8.5%. it's at the temperature of the nasdaq and number two on -- top of the nasdaq on news that the semiconductor tech news web site semiaccurate has exclusively earned of an internal -- learned of an internal e-mail from an unnamed company that's trying

to, apparently, buy all of the embattled semiconductor maker, intel. intel's been a mess for the past year. it was late to the a.i. chip race, has a endured management upheaval, the stock has lost 54.6% over the past 52 weeks, and let's see if semiaccurate's report ends up being accurate. now they're saying it's one single company buying the whole shooting match, not buying a piece of it. the noose is actually -- news is lifting the entire semiconductor sector. mar marvell, broadbandcom, nvidia, as i said. -- broadcom. so the etfs, the msmh and the socks are enjoying nice moves here. the ishares index up 2.5%. it has been a very bumpy road for j.b. hunt investors today. the logistics giant reported lower revenue per truckload in the fourth quarter. not only is it a big mover, but it is sort of a window into the

economy. they saw these numbers low enough to offset volume improvement. shares down 6.5%. that's a 2-day chart the show you the big drop. we'll keep an eye on j.b. hunt. but there's a stampede into bitcoin right now over the last few hours. the crypto has blasted through the $105,000 ceiling ahead of donald trump's inauguration monday. right now it's at $105,899 with a gain of 6 full percentage points. it's not the only crypto dancing higher ahead of the big inaugural ball. in the past 24 hours, xrp has overtaken bitcoin as the most traded cryptocurrency. it's platte on the session today, but since -- flat on the session today, but since november the up ripple token has soared 492%. while that's a 3-month chart and you see the big jump there around the early part of november. so at the moment we've got xrp at 3.25. and just hours, here comes the

tiktok news, after the supreme court unanimously upheld the sunday deadline to divest or ban tick tock -- tiktok. venture capitalist kevin o'leary could be about to make news regarding the situation. he and billionaire frank mccourt jr. who told me monday on "the claman countdown" that he, o'leary and a group of investors is have roughly $20 billion ready to hand over to bytedance for the u.s. arm of the chinese social media app. o'leary has been working the phones in the last hour. he's going to join me live, 3:30 p.m. eastern, with the very latest on this fast developing story. but, you know, you can see what the tiktok headlines flying at social media sector are doing. look at these intraday charts. the sector at the moment, we've got snap and meta up after the supreme court decision came down right at 10 a.m. eastern time. you can see how that sent shares of snapchat parent if snap and instagram other than meta dropping dramatically are and then spiking right before it. you see the spike there?

then president-elect trump said on truth social shortly thereafter, he will respect the high court's decision, but he's going to decide, quote, fairly soon whether to issue an executive order that would extend the the date of the tiktok blackout 60-90 days. let's take you to washington, d.c. where grady trimble outlines, i guess, what happens next, grady? >> reporter: well, really this decision paves the way for a ban to go into effect this sunday, just a couple days from now, unless bytedance strikes an 11th hour deal to divest operations in the united states. as far as whether the white house could delay the ban, president biden appears to be punning to president-elect trump to implement the law. trump says on truth social he'll make a decision in the not too distant future after he has a little bit of time to review this situation. didn't say whether -- what that decision will be, but he has promised in the past to save the app. >> i want the thank president trump for his commitment to work with us to find a solution that

a keeps tiktok available in the united states. this is a strong stand for the first amendment and against arbitrary censorship. we are grateful and pleased to have the support of a president who truly understands our platform. >> reporter: and, liz, you mentioned it's the possible that trump taps into a provision of the law that would delay the ban ban by up to 90 days if there is significant progress toward a sale. frank mccourt says his offer with kevin o'leary would qualify for that now that tiktok has exhausted all legal options. >> now's the time to shift gears into deal mode, keep this app lit up. there is a path forward for president trump to do that because we meet the criteria laid out by the supreme court and and embedded in the legislation. >> reporter: so it's unclear exactly what a ban would look like. we have questions about whether apple and google would pull if a app -- from their app stores while those who already have the

app downloaded on their phone could keep using it. it's possible tiktok could choose to go dark to send a political message and use that as leverage with 170 million users upset that the app has gone offline. but one thing's for sure, liz, and you touched on this off the top, and that's that other social media companies stand to benefit if a ban. analysts say meta and alphabet have the most to gain in terms of ad sales if companies migrate to their platforms should tiktok go dark sunday at midnight. where'll see what happens. liz: cries throughout the nation, we will hear them on sunday night, who knows? grady, thank you very much. again, we've got kevin o'leary coming up with the latest on his bid for tiktok. now, how president trump moves on tiktok is certainly up in the air, but so are his decisions on taxes, tax extensions and tariffs. markets are eagerly awaiting just a legion of decisions on those issues as well as deregulation when

president-elect trump takes office on monday. let's get right to the floor if show to game it here. joining me now, jpmorgan's chief global strategist david kelly and chief economist brian jacobson. brian, you're saying that the market's moves are actually potentially more political than economic at least in the short term. what do you mean by that? >> yeah. i think that is the case here, and thank you for having me. and i believe that really what we're going to be seeing is on inauguration day everybody's waiting to see what a sort of executive actions will he actually sign, you know? so when he raises his right hand and puts it on the bible, what does he do then in terms of signing executive orders? what's going to happen within the first 100 minutes but hen the first 100 hours and days. and in the meantime, i think we're all sort of just waiting to see what might actually transpire or in terms of immigration and tariffs and deregulation especially. i think that on the first day it's likely to see some sort of immigration action, probably something also related to

tariffs. and in that first week, i believe that we're going to see heightened volatility as there's, i'm sure, all sorts of rumors and leaks about what might be signed. and then the reality is it's probably boeing to be just fine. liz: david, you would think that those the question marks -- [laughter] that brian just outlined hanging over the markets' heads would actually put a lid on any gains. we've got the dow up 342 points. every major index is up for the week. there doesn't seem to be too much concern. but you're the guy who looks ahead at jpmorgan. donald trump has telegraphed that he will sign at least 100 executive orders on that first day. >> yep. liz: what are you anticipating, and what areas, what sec fors could be affected? >> i -- sectors. >> i think for markets it's the tariffs that are the most important issue right off the bat because the rest of us, he's going to need the cooperation of congress on. even on immigration, no matter how strong his views are, the truth is you can only do so much unless you hire more judges, more people to patrol the

border, border patrol agents. you're going to need more facilities. so that's a slow process. and also, frankly, american business won't want them to be too quick on this because, frankly, a lot of unor thosed immigrants -- unauthorized immigrants are working and keeping operations going. i think that'll be a slow burn. i think taxes are going to be complicated with a- seat majority in the house of -- a 5-seat majority in the house of representatives. but tariffs he can do day one. and the real question, to me, is, is it an opening bid in terms of trying to open up other markets which is generally a good idea, or is it really a revenue raiser? if you say you're going to use tariffs as a rev knew raiser, you -- revenue raiser, you can't get rid of them then. and i think that's a key point. is this truly a bluff the try the encourage free trade around the world or a way of getting revenue for the federal budget. that means you've got higher tariffs and they do, now you're in a trade war. liz: well, sure.

that's what starts to happen, they slap contrarian tariffs on, so you to get other countries including our major allies, japan, canada saying, well, fine, we'll slap tariffs on you. when you think about who would be awe affected, let's just say companies that import parts and ferrells and things -- materials and things the from china, walmart comes to mind, brian. what other sectors do you look at that are very much exposed to potential problems here? >> yeah. i think that one of the areas to really consider is the retaliatory tariff part of it because it's easy to look at the supply a chains and see, okay, who is it that imports from china and trace it through who's likely to be affected. let's keep in mind consumers are much choosier today and price conscious than a few years ago. it's highly likely that instead of seeing higher consumer prices, we'll likely see small orer and more compressed profit margins instead. and what i'm concerned about is retaliatory tariffs. i'm in wisconsin, and so when we had the first trump trade war,

soybean exports were dramatically affected. and and so it really could affect agricultural items. canada has already talked about maybe not just having tariffs on goods going are from the united states into canada, but almost compounding the tariffs with export tariffs where they would then slap an additional tariff on things going to the u.s. to really compound the issues. it becomes a form of mutually assured destruction. liz: and, david, that's inflationary, isn't it? if people have the to pay more for products like that. and you look at what happened with the 10-year yield on tuesday touching a high of 4.8%. it's rell off that right now, but what does that tell you? >> i think this is very important. on tariffs, if you get that retaliation, one thing we saw in the first trump administration is, okay, now we'll do some extra subsidies to try and help out farmers. that costs money. it all costs money. and the problem is the congressional budget office just this afternoon put out new forecasts going out to 2035. even if you didn't extend any of

the tax cuts, you're up to close to 120% of gdp as a debt to gdp ratio. if you have higher inflation, you get higher interest rates. a 1% increase in the average interest rate costs you $300 billion per year in deficit financing. so it's actually important the keep inflation low and interest rates low if you have to manage this gargantuan debt that we have. liz: yeah. and january fed meeting to coming up. navy indicated no rate cuts, so -- they've indicated no rate cuts. david, brian, happy friday. thank you very much. we are looking at the market rolling merrily along. dow jones industrials up 368 points. to semipick craze has the weight loss drug makers in a little bit of a harsh spotlight as the government makes a major move to tamp down those high prices and the cost of more than a dozen other drugs. details on what's driving the stocks lower, straight ahead. and later, kevin o'leary, aka mr. wonderful, might just be

tiktok's lifesaver. we'll ask him if he thinks bytedance will really pull the mug on tiktok on sunday and how that -- plug on tiktok and how that might impact his bid to buy the asset. that that'sing up on "countdown." we'll be right back. ♪ 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.

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connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ liz: fox business alert, the biden administration might have one foot out the the door, but the other foot is nudging big pharma. officials announcing novo nor dis,' popular weight loss drug wegovy including 14 oh drugs have been targeted for medicare price negotiations scheduled to go into effect in 2027. the treatments are difficult for patients the access due to cost,

insurance coverage and supply constraints. novo nordisk's stock is not taking this well, shares dropping the a 52-week low of $78.87. that's a chop of about 5%. other names on the list include pfizer's advanced breasts asthma treatment, trely, and ab i have's it until bowel medication. it did give medicare the power to directly hash out drug prices with manufacturers, but it's unclear whether president-elect trump will change or try to scale back some of the law's provisions. trump has in the past said that he supported a path similar the what the biden administration has just taken. let's look at corvo. remember when i told you intel was second best on the intel? -- on the s&p 500? starboard value revealed it has amassed a half billion dollar

stake in the chipmaker. filings show starboard now owns 7.7% of corvo which makes radio frequent is city chips -- frequency chips. corvo's stock has been a laggard over the past year, losing about 29%. and she's barbie tough. in the wake of her wildly successful barbie movie, director greta gerwig has gotten netflix to agree to a first. her next film, narnia, based on the c.s. lewis book series adaptation will be globally released first not on netflix, but in imax theaters thanksgiving 2026. inns max shares gaining -- i max shares gaining 2%, net flex up 2.33. and imax has had a good year, it's up about 58% over the past 5 5 52 weeks. and, you know, that's two weeks ahead of the film's streaming a

debut on netflix. this is why it's such a big deal. for the first time ever, net flicks has agreed to market the movie as a theatrical film and call it netflix imax, a netflix-imax movie, narnia. there is hope for peace in the middle east as israel and hamas if ink a ceasefire deal, but what happens in gaza once all the a hostages and prisoners are swapped? former u.s. ambassador to israel is here next to game the possibilities and the dangers. "the claman countdown" returns in just a moment. we've got all a major markets up right now including the nasdaq, up 312 the points, s&p up 67, the russell up 5. ♪ ♪ (auctioneer) let's start the bidding at 5 million dollars. thank you, sir. (man) these people of privilege... 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

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liz: could it be? after 15 grueling months of the israel-a hamas war, it looks like the end is near. just a few hours away the israeli security cabinet approved the gaza ceasefire and hostage release agreement that had been reached with terror group hamas. and at this hour, where it is 10:25 p.m. in jerusalem, the full cabinet is meeting right now. they have to vote on it as well. this fist phase is expected -- first phase -- if they vote on it, to begin this sunday. 3 3 hostages are to be set free over the course of the next 6 weeks with at least 3 released every 7 days. in exchange, israel will release

hundreds of palestinian prisoners. can the world allow itself to believe this deal is for real? let's bring in the former ambassador to israel. ambassador, over the past 15 months, hopes have been lifted and then dashed by derailed deals. gauge your belief in this dealment. >> i think this phase, i think we could be a little more confident that it'll culminate into at least an agreement on the first stage that has to be approved now by the israeli cabinet, as you've stated. but what's really remarkable about this is that what's being decided was on the table seven months ago. there have been some changes, but they're not major. and you have to ask yourself the question, why has it taken seven months the come to an agreement -- to to come to an agreement that would see the release of the israeli hostages,

that would see palestinian prisoners released and an end to the fighting in virtually a phased approach thought coming to the rehabilitation of gaza and next steps? and i think, if i may comment on this, i think there are two major factors that have come to the fore. one, i think that israeli public opinion has really shifted in the last couple of months. and the hostage crisis, the release of the hostages has really galvanize toed israeli public opinion -- galvanized israeli public opinion with the fear that if the fighting goes on, more hostages will be dead and not if returned. and the humanitarian crisis in the gaza strip amongst the palestinians, this'll be more killed. obviously, since the ceasefire announcement was made, there have been about 100 more palestinians killed and israeli defense force personnel are casualties also.

the point is that this important shift in public opinion is forcing the prime minister of israel, bibi netanyahu's, hand to really come the an agreementment and i think the second major factor is what has been called the trump effect. the biden team has negotiated, has been negotiating this ceasefire for 15 months now. this is been collaboration between outgoing biden team and the incoming trump team on the ceasefire agreement, and i think that that is good. but i think the trump effect is that president-elect trump sent to his of advisers got involved in this, and and the meeting, i think, between witkoff and prime minister netanyahu was decisive in sending a message from the incoming president that he simply does the not want -- does not want this crisis, this lack of a ceasefire and the hostage

releases and the prisoner exchanges to be on husband agenda after -- his agenda after his inauguration. so i think these are the two fundamental factors which have brought us to a point where i think -- [audio difficulty] at least in the first stage. liz: that makes sense on both fronts. 80% of americans are supportive of israel's right to defend itself against the hamas terrorists and, certainly, post-october 7th when 1200 civilians were murdered by these terrorists. how are they supposed to, i guess, assess the fairness of this deal? israel has to to release 30 palestinian prisoners who have been in prison for various grievances, and that's 30 for every single hostage. and 50 for every female soldier that the hamas terrorists are holding.

how is that fair? >> well, it's really not a question of fairness. it's been the syndrome of what has happened in the gaza strip for years. you'll remember an israeli soldier was released years ago -- liz: yes. >> for a thousand palestinian prisoners. and it seems to be the game plan in this terrible confrontation between the israel his and the palestinians. it's a conflict that has to be negotiated and come do -- come to an end. when i was many israel as ambassador, the prime minister was itself acura a bean, and he told me before his tragic assassination that there is no military solution to the israeli-palestinian conflict, only a political solution. and that's where we have to,

hopefully, come to after this ceasefire is concluded. liz: right. >> i hope the trump administration, i really hope this very strongly, i hope that the trump administration will look at the big picture in the israeli-palestinian conflict. there is, in the syndrome of donald trump, a teal to be made here. and -- teal to to be made here. and with the keg rah rah alation of hamas, hezbollah and certain degradation of iran's capabilities and the so-called axis of resistance and the pain that has gone through the palestinian population and the israeli population, i think the situation is ripe for a major diplomatic push. but we're going to need, i'll be frank with you, we're going to need new leadership are, new elections in israel, new leadership amongst the palestinians to get a peace agreement between israel and palestine. liz: as we finish up, ambassador, this sure hearkens back to 1981 when jimmy carter was trying to secure the release

of the iranian hostages, the american hostages held in iran that had been taken from the u.s. embassy. and right on inauguration day for ronald reagan those hostages, minutes after he took the oath of office, were released. so you are pointing a little bit to donald trump and the way he has worked this, in a way, with the threat of saying there's going to be hell to pay if those hostages aren't released when i take office. >> i think that a message was clearly delivered, and i think it helped catalyze the agreement on the ceasefire. now, let's hope the israeli cabinet approves this, let's hope that hamas abides by what's been agreed to. but then looking ahead, let's hope at the trump administration will really go for a major settlement with the israeli-palestinian conflict. liz: ambassador, thank you very much for your experienced view

of how this may or may not come through. we certainly hope so. those hostages have just been tortured. thank you. we appreciate it. >> my pleasure. liz: let's get to this tiktok story. the highest paid influencers on tiktok and the people who make their business money off tiktok could be hooking at millions of dollars in -- looking at millions of dollars in losses after the supreme court ruled that a ban on the social media app must move forward sunday. venture capitalist kevin o'leary, he wants to buy tiktok. he's here to tell us if the dancing is about to to stop or if chinese parent bytedance will do the tango with him, his group of bidders or anybody else. and viva las vegas. last week you guys know i was at ces, the largest consumer tech show in the world. "the claman countdown" caught up with the ceo of a.i. voice recognition leader sound hound. not only dud i test his latest voice a.i. offering that serves up experiences embedded in your

car technology, but then in a special everyone talks to liz episode taping, i sat down with him to hear how he transformed his stanford college dorm room which you are looking at right now into a tech start-up office. look at all of that equipment. he had business plans in there, big dreams all squished into this tiny university dorm room. look at that. today sound hound, this is unbelievable, is a 4.7 billion dollar company with a stock that jumped 670% over just the past year. how did he do it? my new episode drops tomorrow. download it on apple, google, spotify, iheart radio, wherever you listen the your podcasts. we're coming right a back, and now the dow has gains 402 points. ♪

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liz: fix business alert, the supreme court's historic decision earlier today to uphold the tiktok divest or ban law is

serving the social media world into a frenzy. over the years hundreds of thousands of american businesses have used tiktok as a launching pad and promotional tool. they and influencers with all kinds of brand deals are at risk of losing a major revenue stream. sisters charlie and dixie d'amelio, dancing on your screen right now, they've raked in a fortune since joining in 2019. influencer marketing hub estimates last year charli d'amelio made $17.5 million, dixie made 10 million. dancer addison ray brought in 8.5 million. the social media millionaires' last hope, that tiktok won't be banned, a may be the venture capitalist of frank mccourt jr. and kevin o'leary who rallied to put forth a $20

billion bid to keep it here in the u.s. kevin o'leary is in miami joining us now live. kevin, let me get to to it. what conversations have you had in the last hour that move the ball closer or further to the tiktok lifesaver line? >> most important thing that happened, liz, in the last couple of hours is the opinion letter from the justices that cleared up a few unknowns. and this is very important for the market to know. on page a 5 and 6 of the opinion, it's very clear that the idea of using the chinese algorithm going forward, that opportunity is gone. the idea of forking the code, as it's called, and there was a rumor yesterday that would be an option for buyers. it isn't. so this is what makes frank so valuable in this keel now -- deal now. he spent years and millions of dollars preparing a tech stack to replace thattal are grit. with something you as the user have control over your own data, and you can share in revenues also. it also provides interoperability with other social media. it's what we've been missing in the whole social media landscape. if that was an option two hours

ago, now it's a need, it's a must. so franks has that piece. i have the ear of 6 million plus businesses on tiktok. i do not want this shut off, not for one second. not for one second. so we have a very complicated dance occurring here between the biden administration and the trump administration. we'll are to serve them both in the next 48 hours, and we understand that, and they both know that our bid is out there. every shareholder knows it, the company knows it. if they sign that loi, we'll get that 90-day stay of execution. that's what's important. liz: doesn't this all depends depend on an organization that nobody here controls, and that's bytedance, the parent of tiktok in china? and maybe they want -- i was thinking about this. maybe they want to shut it down so that they divide this country even more. they make, you know, business owners angry at the biden administration and the trump administration, because it's really now in the trump administration's hands. >> yeah. well, that was tried in india, 210 million in 2020, and there

was a kerfuffle for about four days, and then all the users went to other platforms. that not a good outcome for bytedance shareholders, and a lot of those shareholders are american institutions. let's say roughly that it's worth $20 the billion. why give that up? why not give it to the shareholders that already exist? and also i think there's probably between trump and xi some kind of negotiation going on here. we don't know what because with we know that conversation occurred. and tiktok's a small part of it. we know that donald trump's a dealmaker, that's for sure. i've talked to him about this. i know with certainty he does not want to see it shut down if possible. but it's now back to xi. he's got to decide, is he going to let this company sell elements of itself including tiktok usa but not the algorithm to someone who can buy it and sign that loi so we get the 90-day stay? the worst thing to happen is have it go dark for even one hour. liz: okay. and let's explain why, because some people don't understand

tiktok. washington post had an article that indicated that tiktok addeg to bytedance, by the way, but added $24.2 billion to the u.s. economy in 2023, the most recent numbers, and $14.7 billion in revenue for small businesses. i've profiled businesses that began on tiktok. and burr with johned. and these -- burgeoned. and these are people who had no job during the pandemic, and today had to find a way to make some money, and now they're making seven figures. >> it's the very important it stays alive. you know that. those are all my people. 62% of jobs created in america are companies 5-500, practically all of them use tiktok for customer acquisition. this is bad for the u.s., if this happens. it's bad if for china's relationship with the u.s. all they have to do is abide by what has been put forward by the justices. they made it very clear in this. and, by the way, liz, 9-0 supreme court decision. that's definitive. they a basically made a decision

here, and we all have to abide by it. but it doesn't have to shut down, and frank and i want to go forward here. we want to be part of the solution. we're going to work with anybody. remember, these businesses are democrat and republican businesses. we're agnostic to politics here. we want to save this for everybody's benefit, and we have a path to do so. liz: part of the criticism was the algorithm, that the algorithm has been tweaked to, again, divide americans, become a wedge in certain political issues whether it was october 7th or the election. anything else. and also feeding americans a bunch of drivel which, by the way, if app in china -- the app in china does not do that. you say that you've got the edge here because you guys don't want the algorithm. you're not even putting in the bid for that. and so maybe that's something that tiktok would agree to? >> maybe, because right now we know with certainty as the justices' opinions right there at the bottom of page 5, can't use it and don't want it, and

they're very clear, 9-0. i mean, i haven't seen a more definitive decision. and it was debated for a hong time, but it's definitive now. listen, we don't have to divide america. we can unite america. that that's what frank and i want to do. then we're going to to get on a plane and go to india, switzerland, france, germany, canada. this is a whole change to the environment of social media. liz: wait, hold up. are you saying that if you get it, you're going to put that form of it here in the u.s. in front of india? and -- >> everywhere. everywhere that's a friendly nation that, obviously -- liz: is concerned. >> -- in cooperate with the regulator here in -- do you think the canadians are going to to leave it on the minute it gets shut down here? no. they're going to abide by and listen the what the supreme court said about this. and after we do that just the way we look at it and why i'm so excited about, this is a legacy deal for prank and i, this'll become the world's largest television the network that supports free speech and

democracy all around the world. finish and the users own their own data. now, that's a vision. liz: yeah. and you want world domination not just with tiktok, but mr. watch. you have this watch collection. i heard you just bid on the watch that's on our screen. i mean, have you showed this off at all, for $22,000 for charity. >> nobody has -- it's for chair charity. -- charity. >> 222,000, this guy in singapore, he just would not stop. he would not stop. but he was messing with mr. wonderful. that's important to know. at the end of the day, here it is -- [laughter] it's called the boyfriendmenting of it's from chanel. it's got a electric aren stein -- liechtenstein. liz: hold it up higher. oh, my god. looks like roy liechtenstein. >> it does, believe me. amongst watch collectors around the world, grown men are weeping about this piece.

this is absolute madness. [laughter] i'm so excited, and i'm happy it went for charity, but there's only one owner, there's only one watch, or and it's me, and it's mr. wonderful, and deserve it because i look fabulous in it. [laughter] liz: well, okay, you only have two wrests, so i'll take the rolex with the puzzle pieces, the jigsaw -- >> you want the -- liz: i'll store that for you. [laughter] >> i'm so excited. you know, this is the first time debuting this, and my wife saw it and went out of her mind. she said, is that for me? i said, no, it's not, it's for me. [laughter] liz: kevin, thank you. listen, we want to hear from you next week about what's happening, even over the weekend reach out to me because i'm dying to know. >> yeah. of we're really excited, liz. i think the probability of deal happening is probably 60% now. liz: 60%. that is news. kevin, thank you very much. >> take care. liz: on monday we're going to talk to tiktok star kat stickler.

she impersonates her hispanic mother? she's got nearly 10 million tiktok followers. she makes a fortune -- fortune on brand deals. we will ask her what she plans to do if tiktok disappears. she's not happy right now. monday, 3 p.m. eastern, kat stickler, on "the claman countdown." the biden administration officially comes to an end in three days and changes will come fast and furiously after president-elect donald turn is sworn in on monday. the huntington bank shares ceo is here in a fox business exclusive to tell us what changes he expects to see and hopes to see as trump gets set to roll out a rash of new executive orders and drops some regulations. we're coming right back. mug if. ♪ ♪ ? 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.

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countdown." you need to just get on the couch and watch right here. from swearing in to the inauguration speech to the pomp and circumstance, we will have it all on fox business. all right to the markets with just five and a half minutes left, four and a half minutes left of trade under the biden administration, we do have a big bump and a rally now when president-elect trump officially takes office on monday, he is reportedly set as we said at the top of the hour, to take nearly 100 executive actions, all on day one. investors, executives, business owners, and everyday americans alike are anxiously awaiting more detail on how these changes and the potential rolling back of a lot of regulations will impact them. one sector in the spotlight? financials. particularly the regional banks. let's bring in the head of one of those banks joining me una fox business exclusive huntington bank shares ceo steven steinour. huntington has a $24 billion market cap just came in with very strong earnings. steven? let me just jump to

this so-called trump bump the regional banking industry is expecting here. what would drive that? >> the investors have become much more positive about regulations sort of coming together and things that have been outstanding for a number of quarters such as basal iii capital or liquidity requirements getting addressed or sunset but resolved and remove that uncertainty and i expect that we'll be generally throughout the country, in a more positive pro-business environment in the years ahead and i think that's what we're seeing. liz: mergers and acquisitions could be a bit easier to affect wait, correct? >> could be in a variety of industries. for huntington we have invested a lot in the last year and a half and growing the core. we've had record fee income in the fourth quarter. peer-leading loan growth, opened in three regions, north and south carolina and texas, added

eight specialty verticals, exceptional fourth quarter performance and carried over already into the new year. we're bullish on our ability to drive our core growth and look forward to that throughout 2025 and beyond. liz: and you just reported a solid top and bottom line beat. what do you think is specific to huntington bank shares that you have done for your clients and customers that saw an increase in loan growth, an increase in new customers and so much more? >> from the failure of silicon valley bank and signature bank going back a year and a half ago we told our customers we be there to support them. we have. we've invested significantly in new businesses. we've added to our core. we've added geographies to the existing franchise, so we have put a lot of capital to work during that period of time and it's proving to be an exceptionally sound moment. many of the banks were on what was known as risk-weighted asset

diets for a year, year and a half. we chose to play offense, grow, and we accelerated into a void if you will and it has really positioned us nicely for 2025 and beyond. liz: there is a concern that the federal reserve, something you can not control either, might just pause the rate cut trajectory. right now, we've got the 10 year yield at about 4.61%. it's certainly lower than where it was earlier this week but that said, rates are going to be higher for longer, if the fed decides that it's not going to be as aggressive with rate cuts. how would that affect your business and certainly anything you have on your balance sheet that's rate-sensitive? >> we've been saying we expect higher for longer for over a year. that hasn't changed. we've been managing the balance sheet through derivatives and other instruments to protect our net interest margin as well as our capital and we've been active in this regard for years, so we have a very

strong nim 303 for the quarter up four or five bps from the third quarter, and we're going into the next year with a lot of confidence because of the hedging and activities along with the new volume of lending and fee business that in some cases already in the pipeline for the first quarter. liz: steven? congrats and we'll watch what happens in the next year with you and your bank and the entire sector of regional. we appreciate you coming on here comes the closing bell on this friday. >> [closing bell ringing] liz: all of the major indices will close higher, we've got green on the screen right now. remember monday will be right here with all of the inauguration festivities. we'll see you then. david: hello, everyone welcome to a special edition of kudlow. i'm david asman in for larry kudlow. well, the countdown to inauguration day, we are just three days away from president trump's return to the white house, and his nominees are just sailing right through their

confirmation hearing