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tv   Varney Company  FOX Business  January 23, 2025 9:00am-10:00am EST

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maria: we are wrapping up our coverage here at the world economic forum live in davos, switzerland. president trump will addresses the forum in about two hours before taking questions from leading global executives. it's been a busy week, of course. he's had some major announcements in terms of $1.1 trillion in new investments in america, and, you know, cheryl, i keep asking people the question, when was the last time you've seen this kind of optimism. they said, never. kerr cheryl never. no, we've never seen an administration like in this in our history, maria. maria: mark and cheryl it's been a great show. have a great rest of the day. "varney & company" picks it up now, brian brenberg in for stu. brian: good morning, everyone. i'm brian brenberg in for
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stuartny. it's shaping up to be a big day. president trump is scheduled to peek at the world economic forum in davos. he also sat down for his first interview since returning to the oval office, assuring the american people that he's to got the answers to some of our biggest challenges. to the markets, dow futures up about 40 points right now. s&p futures ticking lower just one day after setting a record high. nasdaq futures under pressure this morning, but it's already up 3.55% so far this year. and bitcoin right above 102,000. you see it on your screen. on the show today, just days after trump's $500 billion infrastructure announcement, reports say the saudis are now looking to invest $600 billion in trade with the u.s. pentagon's also deploying 1500 troops to help secure the the u.s.-mexico border while i.c.e. is making hundreds of arrests, going after illegal immigrants accused of serious crimes. out west two new wildfires
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breaking out in los angeles, and they're spreading fast. more than 10,000 acres already burned, thousands forced out of their homes. stay tuned, folks, it's a packed show ahead. thursday, january 23rd, 2025, "varney & company"'s about to begin. ♪ ♪ brian: okay. we are looking at a frosty washington, d.c. and the white house, listening to confident by demi lovato. i'm not a big demi lovato guy -- >> i honestly don't even know this song. am i clueless? brian: well, maybe. you're rarely clueless. confident, though, i like the sound of that. [laughter] does that describe he? today we start with politics. president trump sad down -- sat down for an exclusive interview
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with sean hannity. good morning, lauren, what did he have to say? lauren: he was neither clueless nor -- and confident, there we go. i would say he seemed calm and determined. he's on a mission the fix what he thinks went wrong over the past four years. watch here. >> it showed us that the radical left, their philosophies and policies are horrible. they don't work. you look at crime, you look at what's gone on at the border, they're all solvable problems. >> i agree. >> they're all solvable -- >> not easy. >> -- with time, effort, money, unfortunately. but they're all solvable. we can get our country back. but if we didn't win our race, i really believe our country would have been lost forever. lauren: optimistic, some wisdom in there. kind of like i've done this before. i've been president -- brian: yep. >> is caped death. i'm -- escaped death. i'm on this mission, and the american people want me on this -- brian: i love the word solvable.
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that's such a good word the hear right now. charlie hurt joins me now. charlie, great to see you, my friend. if okay. so just three days, in three days trump's already giving exclusive, one-on-one interviews. they're many in-depth, he's answering questions from reporters and not just friendly reporters. i mean, how big of a contrast is this to the past four years? >> yeah. i don't think we've ever quite seen a contrast like this ever before. of it's extraordinary. and, obviously, you know, voters voted for donald trump because of the solvable, you know, his ideas and his common sense solutions the these problems. but the other thing that we get is a far more open president who is already answering more questions probably in the past 24, 48 hours than joe biden did in the past year. but it's not just -- he's not just answering questions, he's actually, as you point out, he's
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actually sitting down and engaging with people and having thoughtful, substantive back and forth about these policies. and it's such a breath of fresh air. you know, whether you like it or not, we live in a country where we get to pick our president, and and we know who is in charge. and for four years i don't think we actually even knew who was in charge. we don't really know who was making all these decisions. now nobody doubts who's in charge, nobody if doubts who is making these decisions, and he's defending them openly. brian: you know, you make such a good point there. it's not just that he's taking questions. you can take questions and give non-answers. he'll take a question, and then he'll delve in for, like, five minutes and walk through the data. to me, that's not just doing your job, but it's kind of, it's a respectfulness thing. i'm going the take this seriously. you want to go at this? let's go at this. charlie, that, to me, is the above and beyond of what trump's doing right now. >> yeah. and sometimes he does that to his detriment because he winds
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up -- [laughter] that's when you sort of get into the weeds and you get into trouble and you say more than what most politicians want to say. i be i think that -- and i think this is what donald trump is, he's a total rejection of political speak and the way politicians do things. he doesn't do that. he just talks to to people, and he answers questions and he even sort of muses publicly sometimes whiching, you know, for my money makes for the best answers. bain brian i agree. i'm willing to take a little bit of the weave if it's going to give you a real answer. >> he does like the weave. brian: yeah, right. trump is telling private companies to, this is interesting, end the legal dei policies. and he's threatening invests. so -- investigations. he's doing a lot of this in the federal government, now he's talking to private companies. how do you think they're going to respond to this? >> well, you know, from my observations it does seem like there's an entire new tenor
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both, obviously, inside the federal government but also everywhere else. you see these tech ceos coming to bend the knee for trump because, not because with they -- just because he's in power, but also because they recognize he recognizes where the country is. and the country's sick of this crap. and, you know, one thing we've sort of forgotten to talk about enough is the fact that these dei policies are race-based. it is against everything that we as a country believe this in. it's against everything, all the accomplishments we've made over the past 40, 50 years about making the country a more color blind society is completely reversed by the dei stuff. either you're judged by with your merit and your character, or you're judged by your skin color. and these people want to drag america into this dystopia where people are all judged by their skin color, and we've jekylled that as a country -- rejected that as a country.
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and donald trump is rejecting it again. i think people recognize -- i think companies recognize that the country is done with this stuff, and they want to go back to judging people by the content of their character and their ability. brian: it's such a good point, and he's one of these to guys that creates the space for people to do that. you know what in it's okay now to go back to the thing we all agreed on and we like better. charlie, great stuff, sir. by the way, we'll be watching you on "fox & friends" weekend. congrats on that new job, by the way. >> thank you. brian: every saturday and sunday from 6-10 a.m. eastern time. he's not so good at zumba in the morning, i do know that that -- [laughter] but he's very good at hosting that show. great stuff, charlie. thank you, sirh. >> thank you, brian. pipe boone all right, now this, president trump revealed what biden wrote in the letter he left in the oval office. lauren: one paragraph written by president biden many if cursive tuck thed into that white envelope that said, number 47. this is history, so i will read it in fundamental as i leave
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this sacred office, i wish you and your family all the best in the next four years. the american people and people around the world look to this house for steadiness in the inevitable storms of history, and my prayer is that in the coming years will be a time of prosperity, peace and grace for our nation. may god bless you and guide you as he has blessed and guided our beloved country since our founding. president trump called that inspirational, said he appreciated it and, honestly, how cool that it was fox's peter doocy that said, oh, mr. president, is there a letter in the resolute desk? and trump said, oh, yeah, heres. and then he vealed the contents -- he revealed, because only seven presidents have been able to do that -- brian: is that right? i didn't know that. it was hilarious when peter told him to do that. it was the most unscripted moment ever. lauren: yeah. brian: beautiful letter. does biden have is good handwriting, i wonder?
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lauren: peter said, no. he said it was difficult to read at times. brian: oh, really? lauren: that was a nice if letter. >> i agree. brian: we'll leave it at that. thanks, lauren. we're going to check the futures here, dow futures are in the green, s&p and nasdaq both set the open lower you can see on your screen. adam johnson is with me for the hour. glad to have you with us, adam. so trump says -- you've heard this this many times -- he's going the drill, baby, drill. i would think energy stocks would be a nice buy here. >> yes and no, and i'll tell you why. think about it, if you're going to drill, baby, drill, the goal so to produce more oil. if you produce more oil, that means supply has increased which means the price of oil goes down. well, if the price of oil goes down, actually so too would the profits of oil companies, ironically. so even though drill, baby, drill sounds good for the energy sector, it isn't necessarily. what i will say, however, is the
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oil services companies will benefit -- brian: okay. >> because remember, a company like halliburton or schlumberger is paid based upon the number of barrels that come out of the the ground. brian: right. >> so good for the service companies, not good for the drillers. brian good play on the guys who help the drillers drill. >> yes. brian: although if you get a little bit of cup tick in demand with a.i -- uptick, that could have a price effect too. is so it's possible you won't see as much of a plunge with more production. >> yeah. i actually think and, by the way, i just sold some eog resources, which is my favorite exploration company. i would buy halliburton if it cheapened up. and what i should also note is the world is very well supplied with oil, brian. and i think right now there's probably a 10-12 war premium that's embedded in the price. in other words, if we have peace in the mideast and in ukraine, i think oil probably goes into the low 60s and, again, that's not necessarily good. add to that drill, baby, drill,
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now you're talking 50s. and, again, that's bearish on price. brian: maybe good for the pump -- >> oh, and it's great for you, me and everybody else because it's the cheaper oil. brian: thank, adam. your with us for the hour. -- you're with us for hour. tiktok's service has been restored but only for people who who downloaded the app. if you deleted it, you can't get it back. people are now taking desperate measures and spending thousands on a work-around plan. we'll explain. president trump opens up to sean hannity about his historic return to the white house, watch. >> let's talk about the moment you walked back in this office, this desk, this room, your carpet. how'd you feel? >> well, it was of a lot of work. i think it's bigger. it's bigger than if it were more traditional. brian and we'll also bring you the emotional moment vice president vance stepped into the oval office for the first time in his life.
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saudi arabia reportedly wants to invest $600 to billion into trade with the u.s. saudi's crown prince telling trump his administration has the ability to create unprecedented economic prosperity, and they a want in. edward lawrence has a report from the white house next. ♪ ♪ ♪
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♪ brian: now this, the saudi crown prince has reportedly told trump he'd like to make a $600 billion investment into the u.s. edward lawrence is at the white house. so, edward, where would that
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money go? >> reporter: yeah, it would into the u.s. via trade. companies are already starting to pour big money into the u.s., and now as you heard, the crown prince of saudi arabia wants to throw big money towards trade with the u.s. prince mohamed bin salman wants to the invest $6000 billion in trade -- 60 billion, over the next four years. president donald trump talked about fixing the the relationship with countries in the middle east. on monday he said he could make the trip to saudi arabia as his first international visit as he did the first time around. >> so first foreign trip typically has been with u.k., but we did it, i did it with saudi arabia last time because they agreed to buy $450 billion worth of our product. i said, i'll do it, but you have to buy american product, can and they agreed to do that. they bought $450 billion. it was the least reported story i've ever been involved in. >> reporter: now $600 billion.
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the president believes saudi arabia could be entered9 into the abraham accord and normalize relations with israel for the first time. so add that the announcement of 500 bill -- billion over four years from softbank and oracle, and president trump has racked up a huge amount of private investment pledges because he says the ceos see america is open for business. >> cheerily, president trump is ready -- clearly, president trump is ready to be president in his second term. he's got a period of time where there's a lot of goodlille -- goodwill, and i'm pretty sure he's going to get most of what he wants out of congress. >> reporter: david rubenstein this in davos. president trump expected to speak in davos in about two hours via video conference. they have slated 45 minutes for these remarks and discussion. brian? brian: edward, thank you very much. all right, mr. wonderful himself, kevin o'leary, joins me now. kevin, great to to key sow -- see you. the hundreds of billions keep
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roming anything here, now potentially $600 billion from the saudis. what do you make of that? >> see what happens when you strip away regulation? that's really -- and you stabilize tax. really there's two things here. almost in every of the11 sectors we enjoy, regulations are being lifted on the federal level, number one. number two is you know with certainty now or highly likely the corporate tax rates on capital gains don't go past 21. how many places on earth can you be thest market on earth, deregulated environment and stable taxes at a very competitive rate in the g20 the? i get the politics, but the money's coming because it's a very stable market. and if that's so important for other countries to watch. right now the number one destination for more than half the investment capital on earth is the united states of america. and that's the way it should be. brian: and good policy is what makes it that a way. good stuff. okay. turn to this, kevin, with me. you've got the a.i. investment
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announcement we saw yesterday. so it's the beginning, it looks like. do you see a lot of these private investments coming in the a.i. space, or do you expect this to get a little broader than just from the tech conversation of the moment? >> no, i -- i'm going to give you a reality check on all this a.i. stuff. you can't do a.i. without data centers. and so we have a lack of them. the problem if right now is you see these announcements about building data centers. these are up to $20 billion per gigawatt. these are expense if i have projects. there's no power left on the grid to do that. you can't just roll into a state and take a gig of power, which is the equivalent of lighting up a million homes every night, without the power bill going up. so 0 for the residents -- 20 for the residents, which of course nobody wants. that's you have to build your own power. nuclear power is going to come in about 19 years at a cost of
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around $50 billion per gigawatt versus what you can do right now in natural gas which is put that through a turbine and do that for about $2 billion a gigawatt. however, there's only four jurisdictions available to that in north america. number one, texas. number two, west virginia. number three, north dakota. number four,al bear that, canada. that's it -- can alberta that. you talk about all this money coming in trying to find a home. you thought about three mile island? you'll be dead before that gets lit up. there's a whole lot of work being done here just finding places to build data centers, and that's what that money's chasing. brian: well, i guess that's why they went to texas. step one, we'll see how that pans out. you've got some competition to buy tiktok. social media star mr. beast says he wants the app. now, a guy would've been partnering with who you put your bid in already, he said he's okay, frank mccourt, he's okay
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with this kind of 50% thing that the president has been talking about. what do you think about that? if do you like what the president's pitching in terms of the structure? >> well, because of the existence of a golden share in bytedance, which is controlled by xi himself, the only two that can decide what's going to happen here are trump and xi. xi has not yet indicated whether he wants to sell it. if he does, everybody's happy with whatever trump comes back with as long as it complies with the laws of congress and the order from the supreme court. and the most, you know, not troubling, but difficult part of this is in the fifth and sixth page of that order two fridays ago from the if supreme court, it specifically outlines not a single line of code can be used from the existing chinese algorithm. that's 5 billion codes e nobody can use. so now it comes back to which group, and i don't care how many people announce this, has the
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tech the support this. and as far as i know, it's only our -- the mccourt-o'leary bid, we have the tech. we've been to the hill week talking to senators and congressmen about what we've got. we can move it e over without a single line of chinese code -- brian: okay. >> -- and allow americans to sequester their own data so there's no leakage. brian: right. >> and i'm hoping, at the end of day, that's why this deal comes to us. brian: that's your difference maker. kevin o'leary, thanks for being here. >> take care. brian: all right. speaking of tiktok, iphones with tiktok already installed are being sold on ebay, and they're going for quite a lot are, lauren? lauren: tiktok installed is a selling point. up to $25,000, and we can prove it. so this happened after the app stores aren't offering tiktok downloads of after the supreme court upheld the ban. you can see that iphone 15 pro max with tiktok, $10,000. and then there's a $25,000 ask for an iphone 16 pro max.
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it's just nuts. brian: you're paying $25,000 for a regular phone that that has tiktok -- lauren: installed. brian: -- loaded on it. >> and guess what, as soon as they figure out who's ultimately going to own it, adios. brian: oh, my gosh. it's crazy. stay with us, the opening bell is next. ♪ if glory, i think they got your number ♪ ♪ with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. [coins clinking] ♪ that's convenience from chase. make more of what's yours. only the servicenow platform connects every corner of your business,
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relationship brian let's check the futures, dow futures up slightly. nasdaq futures set to open lower as big tech loses some steam. d.r. barton joins me now. d.r., good to see you. big tech ceos warming up to trump. nasdaq already up 3.5% so far this year. are we going the see a big nasdaq rally? >> i think we will continue to see that. we're going to pour money into that area, brian. you know, you and i used to talk economics on that very desk -- brian: can you believe it? >> -- years ago, and we loved when people got money i moving. money is going to move in this area, brian. it's going to lift a lot of things. it's going to be a bumpy if ride, but i'm cautiously optimistic. brian: okay. so tell me about the bumps.
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what are the things we should watch for that could make this a little rough. >> well, we're going to do some things that, you know, the president has already signaled loudly and clearly that we could have some tariffs, we could have some issues north and of our borders. brian: okay. >> that tells us a lot about other things coming in and going out. every time we have those, we'll see a little bump down, maybe even a bigger bump down, but that that's the buying opportunity, i think, this year. brian: okay. >> we've got to be patient for those. brian: micron, you like it. why? >> yeah. again, stargate, $500 billion is a lot of money. micron is one of my two picks and shovels plays. chips that are going to work in the long haul to build out all these data centers -- brian: okay. >> maybe a little less known. brian: d.r., great stuff. micron, we will watch it. and now we're going to take a look at the dow. see what's going on here. all right.
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starting with, you know, it's like two-thirds green on the screen. show me the s&p, if you would. finish -- okay. s&p's down just about, just a fraction, all right. and the nasdaq. nasdaq also down about half a percent. very good. we're showing you big tech on the screen. we've got mixed results on big tech. and we've got taylor riggs with us today. my buddy from "the big money show." as we watch the markets open here, taylor. we're going saw start with palantir. good morning. >> good morning. brian: wed bush gave palantir an upgrade. what do you think it's going and why? >> hot off the a press he goes from $75 to 90 a share. he thinks this could be the new oracle or the new salesforce. so he's talking about sort of big companies that he sees the future of palantir. this is all the a.i. story. we know this. he thinks this is the future of a.i., and this has been one of had thest stocks last year.
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that trend continues. brian: mike lee loves palantir. he probably still loves palantir. okay. the u.k. just announced an investigation into apple and google, another investigation. what are the grounds this time? >> yeah, the competition markets authority coming out and saying they're going to be examining or investing some of the mobile ecosystems. remember, google and apple are one of the sort of top providers within the u.k., right? so they want to look at competition, dominance and developer terms. the cma is basically saying that they want more competition because that leads to more innovation, so this is unlike maybe perhaps the free market finding its own competition -- brian: you had a great point about how few big companies the e.u. has produced over the past. >> yep. brian: that -- >> may i? remember the old comment why did you rob the banks, willie sutton? because that's where the money is. why are you going after big tech?
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if because that's where the money is. brian: if shooting themselves in the foot all the time. tesla says they'll be raising prices in canada. hasn't canada had enough? if how much? >> significantly. okay, so according to the web site, starting february 1st the model,'s going up by $9,000 canadian. that's about $6500 u.s. u.s. model y, s and x are also going up by about 4,000 canadian dollars. we don't have a real why, but we do know they don't produce cars in canada. the imports and exports are coming from shanghai and the u.s. maybe this has something to do with tariffs but, again, we don't have a specific on why. brian: i would think as cold as it gets in canada, those electric cars would have trouble, don't you think? >> yes. that seems logical. brian: okay, gm if just revealed a new performance cadillac lyric, that's the name of the car, their electric vehicle. how much does this sell for? >> okay. so you think the model s going up by 4,000 canadian dollars is
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tough? this is $80,000. they want to be sort of the premier luxury ev company and, again, i'm not a huge ev person. but it looks pretty cool. take -- i mean, for $800,000, this is this is high end -- 80,000. we know that cadillac last year sold about 50 to ,000 units, i believe it was, maybe 30,000 evs from cad a lack last year. they're certainly capitalize ogg on the high-end trend. brian: an $80,000 luxury cadillac -- >> ev, yeah. brian baron okay. microsoft, their social platform linked inn also facing a lawsuit. >> okay. so all the premium members have gotten together and filed a class action lawsuit about two days ago. they're saiding linkedin kind of sneakily last august updated their pryce settings, basically saying they can read your private messages and use that the train a.i. now, you could opt in or out, but i think the class action lawsuit is saying we didn't like that it was sort of sneaked in secretly, and we weren't given a
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big heads occupy. brian: ah. this, adam, would be an issue for other companies. anybody who's got a lot of data, huge incentive to want to sell it, use it to train a.i., but people don't love that. >> well, you have to opt in. delta airlines, i just updated my app, and you can opt in for their digital identity program program. it helps you get through the tsa line even faster than tsa precious but the key is they -- pre. but you have to ask people. they have to opt in. you can't just assume and take their, you know, private info. brian: they may sue you if you do that. wolf research just upgradeed netflix. why are they so bullish, taylorsome this. >> yeah. because i it would you they'd maybe get 9 million subscribers, and the next day they added 189 million. -- 19 million. that might have something to do with it. wolf research coming out and saying that they're balancing impressive growth but also some concerns about valuation given how much the stock has run up. but they think they're making
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really important strategic moves in content, pricing and, of course, advertising to drive future growth. brian: okay. american airlines reported before the bell, taylor. >> basically, weak guidance. they've sort of capitalized on a year-long strategy to turn around sort of the business travel plan, and they're not quite seeing the fruits of that labor. they're seeing lower demand friends and a higher mix of smaller regional jets. they have a new labor agreement that they're dealing with as well, so it really was -- brian: you're a frequent flyer, adam. what do you make of that space? >> it's a hard, hard space in which to invest, right, warren buffett? brian: stuart doesn't even allow conversations on the airlines -- >> well, i'm long delta airlines, i just a raised my target. but it's such an innovative airline, much more is than american airlines. they do some stuff that nobody else does. they sell free seats or excess seats to american express, get a
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billion dollars for that. they own a refinery. that's amazing, right? that's their hedge on fuel prices. they do third party maintenance for other a air airlines. 8% of revenue is from cargo. it's a beautifully-run airline. brian: what about alaska, taylor? >> remember, they just completed the acquisition of hawaiian airlines in september, they're seeing really strong leisure demands. they talked estimates last quarter and forecasting the smaller than expected loss in the current quarter than the first quarter. again, strong holiday and corporate travel demand. brian: there you go. adam, you brought us a stock pick, chip maker marvell. why do you like it? >> they're in the sweet spot for artificial intelligence. this is a company that makes semiconductors focused on helping computers manage data, right? so with all the -- i mean, half this conversation, i feel like, this morning has been talking about data, the manipulation of data. marvell is the company that helps computers put data in all
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these different places and access it when it's needed. it just hit my argument of 125, i've rerun numbers and i'm upping to 175. brian: okay. >> it's not cheap. it's an expensive stock, but it's growing fast and in the sweet sweet spot. brian: not cheap but worth it. thank you, taylor riggs are, my friend. good to see you. catch taylor and myself on "the big money show" today at 1 p.m. eastern and, get this, starting monday, january 27th, "the big money show" gets bigger. we'll expand to two hours, you don't want to miss that. >> condition congratulations, by the way. brianpipe thanks, man. coming up, promises made, promises kept. trump administration says the crackdown on criminal migrants has already begun. >> there have been more than 380 arrests in the last 24 hours of known terrorists, rapists, murderers and illegal aliens in this country-committed heinous crimes. brian: we'll get a status report on the arizona border from sheriff mark dannels.
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the national debt clock rolling out a new doge feature. it's keeping track of how much money the new group is saving you, the taxpayer. hillary vaughn tax us through it live from capitol hill next. ♪ ♪ after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. 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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♪ brian: a new report reveals just how much taxpayers spent on dei under the biden administration. hillary vaughn is on capitol hill. all right, hillary, what's the number? >> reporter: hi, brian. we're still doing the math figuring out how much dei has cost taxpayers across over 4000 federal agencies -- 400 federal agencies, but the initial numbers are mind-blowing. according to research from open the books, federal agencies have spent millions on dei programs, and this is just what we know about. it's going to be much worse once everything is accounted for. hhs alone spending $68 million
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on dei programs including hiring 290 dei staffers. the epa spending $3 billion in taxpayer money on dei and environmental justice through a grant program employing 200 dei staffers. the state department spending $73 million, they requested that for dei initiatives in their budget in 2025, and the national science foundation, $2 billion in dei-related grants given out. republicans are applauding president trump for finally letting dei die. >> all federal workers ought to be done based on meritocracy. it shouldn't be based on diversity, equity and inclusion, it should be how do we get the best workers to do it. >> this has nothing to do with opportunity for everyone, this is cultural marxism. dei was meant to divide the room by race, and it's poison. >> reporter: e. >> reporter: but some democrats think that trump is out of line the end dei.
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>> he wants to traumatize federal work force. there seems to be an element of glee in sort of traumatizing people. listen, i think this dei leave is just another example of cruelty and pettiness. >> reporter: but what's traumatizing to taxpayers, brian, is the millions of dollars that we're ating to the debt, spending -- adding to the debt spending money on these dei initiatives. you may be familiar with the live u.s. debt clock. now there's a live doge clock. instead of telling us how many taxpayer dollars we're ating to the debt, it's tallying up how many tax dollars we're saving through cutting costs by doing things like ending these dei programs. brian: i love doge clock, hillary. good stuff. thank you for that. florida congressman aaron between joins me now. -- aaron bean joins me now. you're getting an inside look at what it's like to work with elon
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musk on these spending cuts. what's that like in. >> it's great, brian. and a very good morning to you and it is, i'm watching your broadcast, the doge clock, it's called a scoreboard. and it shows that america is starting to win again. even people -- of course, it's a new day in capitol hill, in america. but even those on capitol hill are amazedded how fast this president and elon musk are getting to business and cutting. brian: okay. but tell me about this, because you've got a bipartisan caucus. the doge caucus, bipartisan. but you've got all these people mostly from the left with lawsuits and talking about how unjust this is. so i'm curious for the democrats in your caucus, how are they responding to all the heat coming from the if left saying doge is making all these mistakes or creating all this injustice? >> first of all, brian, we know the swamp will not go quietly into the night. so guess what? there's going to be more lawsuits. these lawsuits are, i think,
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already on their way to being dismissed. but every change, every -- this is like eight years ago. remember when trump was there, everything he did was challenged by multiple courts in trump is a new trump. it's a trump 2.0, it's a new version, and he's already outplaying them in the game of chess. it's exciting. with the doge caucus, you know what? we've told parties on both sides that we will not agree with on everything, but perhaps there is things we can agree, and that's what we're focusing on as things that we agree on to to move forward -- brian: tell some of your democrat colleagues to tell those lawsuit guys to quiet down, give us a chance to do something good. i want to to ask you about this as well. elon musk has cast some serious doubt on this big a.i. infrastructure announcement that came yesterday. really quickly on that, any thoughts on kind of his viewpoint on that one? >> well, it's that a.i. is the future of business, the future of our military.
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america is used to being on the cutting edge and having that advantage worldwide. we need to keep that advantage. and what a.i. can do and has the potential to do, we need to be in the forefront. so president trump knows that, and i think that's why one of his first actions was to put that deal together. brian: congressman, great stuff. good to see you. >> brian, go get 'em, my friend. peace. brian: sure will, thanks. of. [laughter] lauren, tell me a little bit more about what's going on with musk and stargate and a little kind of tiff brewing there. lauren: okay. so musk yesterday if they've got the money lined up for all of this, and he did so publicly writing, softbank has well under $10 billion secured. i have that on good authority. is so it's sam altman responds, wrong. as you surely know. what about to come visit the the first site already underway? i realize what is great for the country isn't always what's optimal for your companies. but in your new role, i hope you'll mostly put country first.
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okay. musk, altman, archrivals. they've taken their battle from the boardroom of openai to the courtroom with the lawsuits and now to the white house. musk is questioning the value of stargate investments. it's $100 billion to the start with the potential to five times that in four years. brian: you know what? i love the competition. i love the war of words. two of the smartest people on planet earth disagreeing with each other? i'm here. >> it's america. brian: bring the popcorn. all right -- [laughter] coming up the prime minister of spain has a warning about social media. >> the tech billionaires want to overthrow democracy. the technology that was intended to free us has become the tool of our own presentation. oppression. brian: he's now calling on leaders in the e.u. to make social media great again. sound familiar? we'll explain. and eggs are not only more expensive, they're also becoming much harder to find. the bird flu causing egg
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shortages around the country. we'll tell you when shoppers might get some relief, next. ♪ where are you now that i need ya in ♪ (♪) (♪) what took you so long?
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brian: now this, a growing egg shortage is driving up grocery bills from coast to coast. jeff flock joins me from the green eggs café, which sounds tasty, in philadelphia. jeff, how much more is the green eggs café paying for their eggs? >> reporter: a lot of green, brian. it's a headline. back in the kitchen morning, and maybe you see when your name is green eggs, probably you use a lot of eggs. these guys were paying less than $2 a dozen as recently as last summer. now it's over $6. in the last month, put these numbers up, it's almost unbelievable. we're now at $6.65 for a dozen egg, and steven slaughter, who runs this and multiple other green eggs cafes in philadelphia, this is a huge hit. >> this is massive. this is all of our business. i mean, this is 90% of our menu. it consists of eggs. >> reporter: you have not raised prices yet despite that
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dramatic increase. >> we're trying to avoid that. we want to insure the quality of all a of our products and especially the pricing is a big part of our business. >> reporter: and, brian, this is bird flu-related. it's not just restaurants, obviously. you look, if you've been to the grocery store lately, they're rationing eggs? have you had any difficulty getting eggs? >> yeah. we've had some difficulties getting eggs but, obviously, the price is the biggest problem right now and insuring that we give that quality and that that cost effectiveness on our menu with our guests. >> reporter: if you're going to make an omelette, you've got to scramble and break some eggs, brian with. but if you're breaking hem today, it's costing you. brian: it sure is, jeff. i'm an egg guy every morning. i like them sunny side up, but sometimes i walk in there, and you can't find them on the shelf. thank you very much, jeff. adam, trump back in office. some of his opponents are saying his policies are going to make inflation worse. are -- do you think that that's true?
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>> it's possible. what he's talking about is stimulating the economy, and when you have growth, often times you do have higher prices. the key i think we're all focused on is whether there are productivity gains. brian: that's it, yes. >> if you can do more with the same amount, actually, you'll hold prices down. brian: that's all the a.i. investment, product if it. great stuff, adam. thank you. and thanks for joining us for the hour. >> that was a quick hour, brian. brian: sure was. still ahead, marc thiessen on a former obama aide telling democrats to speak normally, stop spewing talking points. deroy murdock on trump's speech at the world economic forum in davos. chris rufo, he's going to take on trump's dei crackdown. plus, tomi lahren on parents struggling to accept their trump-voting sons. that sounds interesting. the 10 a.m. hour of "varney & company" is next. ♪
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