maria: do we know who's going to be the entertainment? maybe it makes sense for taylor swift to do it, david. >> i think we do know already. >> kendrick lamar. march r. maria: all right, that'll be great. cheryl, you're a big football fan. >> no, i've covered 11 super bowls for fox business. i actually did that one year live on the air like kelly's doing. it is really, really hard to do, but my hats are off to that company that she's going to be the spending the day with, because they are the nice ifest people. today work so hard, and they put so much care and craftsmanship into every single football. they do it with love. maria: very cool stuff. >> it's a wonderful american company. maria: all right, guys. great show. really important information this morning. david, great to have you. todd piro, cheryl casone, always a pleasure. have a great day, everybody. "varney & company" picks it up 30 minutes before the opening bell. stuart, take it away. stuart: good morning, everyone. it's a rebound for nvidia.

monday was a tech stock rout seeming to upend america's a.i. dominance. is china's challenge that a serious? is deepseek's reported performance that that strong? and how come the news came out just as president trump takes on china over air riffs and if trade? if -- tariffs and trade? we have nvidia up merely 3, but it was way down yesterday. as for the dow industrials overall, premarket we've got a rally going on there. i'm sorry, we don't. the dow is down about 64 points. show me the s&p 500 if you can, please. that is going on the up just a practice. the nasdaq composite also up just a fraction after huge losses yesterday. 600 points down for the nasdaq yesterday. big tech the, well, that's staging a modest comeback. nvidia monday lost more than -- lost more in one day than the entire value of netflix. modest rebound across the board as of this morning. bitcoin, that's back to $102,

103,000 a coin, 102, 4 at the moment. interest rates, the 10-year below 4.6% again, 4.56, the 2-year closer to the 4.25%, 4.221. all right, politics. four more executive orders prosecute president including a directive to build an american iron dome like israel for missile protection. trump moves on the deep state putting u.s. aid a agency officials on paid leave, pausing all federal grants and loans and firing the prosecutors who helped jack smith if attack the president. the media calls it chaos and confusion and maybe illegal, but they're now on the sidelines watching trump take power of the federal bureaucracy. and here's something different. trump is i using tariffs in his dispute if over control of greenland. on the show today, tom homan has succeeded in drastically cutting the migrant flow down to 582 on sunday is, lowest in years. i.c.e. is arresting and

deporting hundreds of migrant criminals. mexico has caved to demands it take back 4,000 of its citizens. they're going back. shots fired across the border. america has increased its military presence. and then there's hollywood hypocrisy. selena gomez if cries about the plight of her people on the border. tom homan if asks, where are her tears for the migrant children abused by the thousands by the cartels? and then in the 11:00 hour this morning, the aerospace company, boom supersonic, will attempt to break the sound barrier. they want to make supersonic air travel available to commercial travelers just like concord all those years ago. we're going to bring it to you live. it is tuesday, january the 28, 2025. "varney & company" is about to to begin. ♪ ♪ ♪ it's been a hard day's night,

and i've been working like a dog ♪ stuart: the beatles. [laughter] i surprised myself. it just slipped out. and you didn't say anything, lauren. [laughter] lauren: well, they are a boy band. very successful one. historic. stuart: an old man band now. let's get on with it. after the deepseek bombshell hit wall street monday, it's what everybody's talking about tuesday. that's where we're going to the start. good morning, lauren. what did president trump say about it? lauren: the president said it's a wake-up call for american business to continue to bring down the cost of innovation. watch here. >> the release of deepseek a.i. from a chinese company should be a wake-up call for our industries that we need to be laser focused on competing to win, because we have the greatest scientists in the world. we always have the ideas. we're always first. so i would say that's a positive. that could be very much a positive development. instead of spending billions and

billions, you'll spend less, and you'll come up with, hopefully, the same solution. lauren: and his a.i. czar, david sacks, agrees, posting on x in part, president trump was right to rescind the biden executive the order which hamstrung american a.i. companies without asking whether china would do the same. he continues, we can't be place sent. biden's executive order -- can't be complacent. meanwhile, china used our technology to train its system real fast, and they announced it on the day of the inauguration, january the 20th. china also censors it. watch this. question for deepseek: what happened during the 1989 tiananmen square protest? the answer is, that's beyond my current scope. same for queries on president xi jinping and for sensitive topics like, is taiwan a country? the answer, quote, taiwan is an

inalienable part of china. the chair of the house select committee on china says it's one of the major political issues it faces. technically, its ability scored compliments from mark andreessen, jensen huang and sam altman who called it legit and impressive i. stuart: much more on this coming up minutes from now. next case, politics. president trump is rooting out the deep state. he has paused all federal grants and loans and put several dozen senior officials at the u.s. international aid agency on administrative lead. jason chaffetz with me this morning. the media's going to call this, they are calling it, chaos and confusion. is trump weeding out the politicize ised bureaucracy? >> yeah. this is a lot of us that that believe we should go to a zero-based budget and justify each and every one of those. if you're going to have a deficit of a trillion dollars, you better darn well get the spending under control. so much of it, 90% roughly of

our budget is imagined if story programmatic spending -- mandatory. that includes interest and also the defense department. but if you look at all the grants that are going out the door without people looking at them, it's billions upon billions of dollars. stuart: so pausing that these loans, that's a way of cost cutting. >> it's just saying, hey, let's make sure it's justified. is it part of the mission, and is that money that we should give back to the treasury and just not spend? because congress appropriated it doesn't mean you have to actually spend it, and that's what a donald trump understands. stuart: listen to what president trump said about his tariff threats. roll that tape, please. >> america is respected again. we're respected again, isn't that nice? if after years of -- [applause] laughing at as like we're stupid people. and as you saw yesterday, we've made it clear to every country that they will be taking back our people that a we're sending out, the criminals, the illegal aliens coming from their

countries. we're taking them back and they're going to take them back fast. and if they don't, they'll pay a very high economic price. we're going to immediately install massive tariffs to be placed on hem and other sanctions. stuart: jason, trump threatened denmark with tariffs over his dispute about controlling greenland. you know, that -- you threaten tariffs like that, that's not going to to win you friends and influence people, is it? >> no, but it's a winning strategy. [laughter] the reality is donald trump has told us repeatedly, the golden age of america can be based on tariffs in driving down the cost of living in the united states to americans. that's the direction he's going. he's fore add shadowed this for a long time -- foreshadowed, and he's implementing it right now. it certainly worked for the -- for colombia. you want access to our markets, hey, we're going to have equal access to your your markets. and if you're not going to the play ball with the united states, it's going to be the more expensive -- stuart: it's a real flexing of

american muscle, or isn't it? >> if you're going to be the world's superpower, i want a president who knows how the negotiate, who puts america first, i want a president who actually puts the interest of of the united states concern we're not the global leader. you can do more for the world with a strong and process produce if united states, strong militarily, strong economically, and we will make the world a better place. stuart: jason chaffetz, you're going to the stay this for the hour, aren't you? >> i hope so. stuart: thank you very much. check futures, please. look where we are after yesterday's big drop. the dow is down 54 points, nasdaq coming back only 23 points premarket. more on that later. let's get back to the big money story which is deepseek. ray wang joining me. all right, ray, series of questions. are reports of deepseek's ability exaggerated? how good is it? >> you know, it's pretty good from a price if valuation. when you're doing math, coding, reasoning, but it still can't do image, and that's the part,

image and video is the part that they can't do yet. but for the price, the value, it's really, really good. stuart: american a.i. companies are spending hundreds of billions of dollars to develop this thing. do we need to spend all that money when you've got a cheap chinese alternative on the horizon? >> well, that is the question, do we spend $80 billion, $100 billion on cap-x for company like amazon anding google to build data centers? the short answer is they have to in order to compete in this space. what deepseek basically has done is say we can take an open source model, stick it on top of someone else's infrastructure and make it work. it's just the question is, when do these companies start monetizing. stuart: who ises the guy who created deepseek? if he's a hedge fund m isn't he? -- manager, isn't he? >> he is. he's a computer scientist that decided to get into the hedge fund business and the money business, and this is his entry point into competing with the u.s. he's frustrated with the fact that the u.s. has sanctions on

chips, china's behind, and he wants to take china into the lead, and that's his rallying cry to say china can compete with the u.s. just as much on the a.i. war. stuart: why was this revealed as president trump gets into a tariff fight with china? >> that is the question, right? is this a way to take down u.s. tech stops? is this the the tech earnings week, is that why they made this announcement? that could be part of it, but the timing is impeccable on their end. stuart: president trump says microsoft could acquire tiktok. what do you think of that? >> well, there are multiple people that are looking at acquiring tiktok including larry ellison, microsoft. the main point is separating the code and separating the stuff that goes back to china and making sure the data stays in the u.s. there are multiple options. this is about a reciprocity. if we can't put google and facebook in china, they shouldn't be able to put tiktok in the u.s. stuart: got it. ray wang, thanks very much for

joining us on a complex subject. always appreciate it. by the way, at 11:00 in this morning the aerospace company, boom supersonic, will try to break the sound barrier. this is a milestone, and you're going to see it right here on this program today. coming up, president trump signed an executive order to make an american version of the iron dome. we'll see what the former u.s. ambassador to nato, kurt volker, makes of that. and trump is already declaring victory at the border. he says the invasion is over. >> i got a call from tom homan and some of the people, they said, sir, it's unbelievable. there is nobody. there was literally not one person, this vast area where people stay there all day long. stuart: border czar tom homan is next. he has successfully cut the flow. we'll be back. ♪ ♪ tart the bidding at 5 million dollars.

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♪ stuart: it is happening, i.c.e. raids have begun in new york city. alexis mcadams joins me. alexis, the latest, please. >> reporter: hey, stuart. i've been in contact with those agents who are on the ground across new york city as they said this bust was coming, and it's happening as we speak. this comes as they took a venezuelan migrant who was in the country can illegally, i'm told, into custody out in the bronx this morning who they say was a violent criminal. this is some of the video from the ground. you can see it on your screen. this is shared from a dhs contact who shows the suspect handcuffed there, walking out into that cop car in the bronx. the venezuelan migrant was arrested on kidnapping, assault and burglary charges. authorities tell me he crossed into the u.s. illegally and also

had a warrant for his arrest out in colorado. leading the charge this morning is dhs secretary kristi noem. she is here in new york city working this raid. he says she's doing exactly what trump -- she says she's doing exactly what president trump promised the american people. this was a multiagency effort, federal, state, local partners all involved as they came to remove violent criminals who are not supposed to be in the country in the first place. back out here live, news raids are not just happening in new york city, but across the country including out in colorado where a bust there led to an arrest and a drug investigation. watch. [background sounds] >> police! [speaking spanish] >> reporter: and then they moved right in. the task force arresting two migrants from mexico tied to the drug cartels. you can see them being walked by authorities. 130,000 fentanyl pills were found in that denver apartment,

okay? cocaine, meth, heroin also inside. the border czar says this is just the start which i'm sure he'll explain to you in a minute. back out here again in new york city, the raids continue, and the teams say they are tackling the worst first, okay? they want to get these people off the streets as quickly as possible. already arresting, stuart, a migrant who they say came into the country illegally from turkey and is a suspected terrorist who's hiding out somewhere in new york. stuart? stuart: alexis, thank you. take a look at this. according to multiple sources, border patrol recorded only 582 illegal crossings. that was on sunday. trump's border czar, tom homan, joins me now. tom, can we now say that the border is under control? >> well, we've got a little more work to do, but these are historic numbers. it wasn't too long ago we were dealing with 10,000, 12,000 a day under the biden administration, and if these numbers here -- i've been doing

this 34 years. this is the lowest number i've seen. we're pretty close to having a secure border across the line, but we've got a little bit more work to do. stuart: your critics suggest that you're going to arrest migrants inside schools and churches. are you going to do that? >> if they're a significant public safety threat, if they're a significant national security threat, absolutely. i mean, we're not providing sanctuary for national security threats no matter where they are. fbi doesn't have those requirements, dea don't have those requirements, local police don't have those requirements. so we have to arrest a significant public safety threat or a national security threat. yeah, we're going to go into a college campus, we're going to -- we have to goarrest them. we've got to take these guys off the street, absolutely. stuart: but it's the worst first. it's the criminals first as a to opposed to those who simply cross the border with the app. >> absolutely. it's the worst first. and you're not going to see raids on elementary schools like governor pritzker claimed the

other day. that wasn't even i.c.e., it was the secret service. we're not going to be raiding schools or churches. this will be a rarity. but when there is a significant national security threat, there's no sanctuary for him here. we're going to arrest him. what we've been saying from day one, worst first. we're going to to concentrate on public safe i threats and national security threats, and that's what you're seeing in new york city today, that's what you saw many if chicago when i was in chicago. that's exactly what we're doing. stuart: i know you've seen this before, but i want you to listen to selena gomez break down over the deportations. roll that tape, please. >> [inaudible] children. i don't understand. i'm so sorry. i wish i could do something, but i can't. i don't know what to do. [inaudible] stuart: all right, tom.

what's your response to that? >> well, you know, she should show some tears for the thousands of angel moms and dads i have met and heard their stories, how they've buried their children because they're killed by illegal aliens not supposed to be here. she ought to be crying for the quarter million american families that buried a child from fentanyl if poisoning that came across an open border. she ought to be crying for the 600% increase in sex trafficking of young women and children who are now forced into the sex trade by the criminal cartels. she ought to head a tear for the border patrol agents and i.c.e. agents i have buried and handed a folded flag to the wives and children of these heros. look, enforcing the law is sometimes controversial and it's certainly sad sometimes, but we've got to secure the border because, i'll say it once again, secure borders save lives. that's what she needs to understand. when president trump has illegal immigration down 90 percent, when 90% less people aren't coming, how many women aren't being raped by the cartels, how

many children aren't dying on the border? secure border saves lives, and that's exactly what we're trying to do. there's going to be less overdose deaths of young people between the age of 18-a 25, there's going to be less sex trafficking in children forced into the sex trade, there's going to be less known suspected terrorists who will come here and do something very bad. what we're attempting to do is save lives. that's' what a secure border does, and we're going to continue doing that. stuart: tom homan,s always a pleasure having you on the program, as it has been for many years. come back soon. jason chaffetz, it occurs to me that the left makes no distinction between migrants and illegal criminals, and they should. >> exactly right. let me highlight first, kamala harris was many charge of two things as vice president. a.i., she was the a. i. czar and, number two,s she was the border czar. these are the two top stories. we're 23 minutes into the hour, those are the two biggest stories? that was kamala harris, and she was almost president of the united states. that's how backwards -- what

i.c.e. agents and is homeland security is doing is protecting this country. nobody, but nobody is opposed to migrants. nobody. that is a lie. it's illegal immigration, people that are out there committing crimes. they're here illegally, and can those people in our government are risking their lives the make those communities safer. and shame on them, mayors and governors who are out there providing sanctuary cities. these people have been in their custody. they don't go in in the first few days and and just start nabbing these people because we had to start from scratch. they've e known those people were there, now you can actually get them out of the country, make those communities safer. stuart: thank you, jason. good stuff. check futures briefly, please. that's not much of a rebound after yesterday's selling. we'll be back with the opening bell. ♪ ♪ ain't too proud to beg ♪ please don't lee me, girl, don't you go request ♪

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stuart: this just in, openai just launched a new version of chatgpt for federal agencies. it's called gov-gpt allowing the feds to access the most powerful versions of chatgpt along with providing security and privacy. the chief product officer calls a.i. one of the greatest american inventions of our

lifetime. he says their work with the government will have both a civil and a national security focus. quick check of futures, not much of a rebound after yesterday's selling. a little bit of green on the left-hand side. david nicholas joins me now. why are you buying big tech today? >> yeah, stuart. look, i think if you just take nvidia, for example, dropped, what, 17% in a day. we didn't buy yesterday mainly because as much as that was a big drop, it was the ninth largest drop for nvidia. we've seen the stock drop more than that. also a generally the last eight times nvidia fell 17% or more, the stock was only up three out of the eight times the following day. the history tells us the stock could still be down a little bit today, but we are buyers. stock is down 20% on a name like nvidia, you want to go and buy, and today, i think, is a good day to start putting -- stuart: i need your assessment of deepseek. is it really upending america's a.i. leadership? >> stuart, look, i don't buy this.

i've been pretty against, publicly against anything coming out of china p. i think they're lying, frankly. the data that i see is deepseek has over -- it has thousands, could be 100,000 of nvidia h-100 chips. they're saying they don't have it. the reason they can't say they have it, because it's illegal to ship nvidia chips to china. so of course they're not going to say they have those chips. i think this is a big lie. i think it's a propaganda lie that's aeffecting u.s. companies. i think this gets blown over. the cost to do that is significantly more. we're going to see that in earnings calls this wreak, but ultimately, companies could do this a little cheaper, but i think this is a big lie, and a lot of companies are, i think, buying into this, unfortunately, stuart. stuart: okay. david nicholas, a deepseek skeptic, let's put it like that. we're looking at the opening bell, it's about to ring, it is ringing. market is open. not expecting that much of a bounce after yesterday's huge

selling. we have opened with a 30-point gain for the dow, that's virtually nothing, and there is still more red than green among the dow 30. that's the state of the market right from the get go. here's the s&p 500. also higher, not much, 13 points. less than a quarter percent. the nasdaq composite is, it was down, what, a huge amount, 600 points, yesterday. back up 76 today, .41% of a gain. let's have a look at big tech. they're the center of the action yesterday and again today. meta, apple, alphabet up. amazon, microsoft down. let's get back in on those a.i. stocks that a tumbled yesterday. good morning, taylor. rebounding a little today? >> good morning. just a little bit. this is the big question. after big declines like yesterday, are days like today, that dead cat bounce, where you get that false hope and then roll over again tomorrow? or is this the beginning of a sustained rally? how much of the selloff yesterday really allowed people to come many and buy companies that tasker frankly, are now at

a 15-20% discount a. that's the question today. stuart: how about those nuclear power companies? they were way down yesterday. back up a little bit, not bad. >> yeah. unchanged but sometimes up to almost are 8%. so, again, good. again, stu, i think this is healthy for the market. we got a big reaction yesterday and hen to you try to digest the news and try to understand in the coming days what is realistic, what do we actually know about deepseek, what do we know about the chips, what do we know about how much power they're using. all of of that today is, i think, people birdie jesting the news -- digesting the news from if yesterday. stuart: nuclear are stocks doing well. next case, microsoft considering a tiktok bid, question mark? [laughter] >> they are. trump confirmed that microsoft is, indeed, in talks to buy tiktok and that the president would like see a bidding war with this company. but remember, there have actually been a lot of players in the bid for tiktok. elon musk, maybe larry ellison,

you have perplexity a.i. which has made a proposal the maybe do a joint venture with 50% ownership of government, frank mccourt-kevin o'leary bid. again, one of the weirdest deals we may see in our lifetime. stuart: certainly would be. let's get to the earnings report first thing this morning. lockheed martin ifen reported, what have we got? >> top and if a bottom line miss and, frankly, not the best forecast going forward. some of their aeronautic sales were bolstered by increased revenue from the f-35, but they said there were still some delays in system of the tech snafus with that program. stuart: here's another can defense contractor, r rtx, formerly moan as raytheon. >> yeah. benefiting because aging aircraft, guess who services them? rtx. interesting though, they just came out and said that they're having future guy dance worries about one of their main customers, i think we can all

read the tea leaves and think that might be boeing. but that's not impacting the stock. stuart: what has jetblue got to say for themselves today? >> they're losing less money, but nobody cares. the forecast going forward well below expectations. they're looking at unit revenue between a decline of one-half of 1% to up 3%. analysts wanted 4.8% in the positive, so you really seeing just a miss here across the board, and they are expecting to operate fewer flights than expected in the first quarter. stuart: boeing. >> so, look, stu, how much of this is priced into the market? remember, you and i spoke on thursday when they preannounced earnings, i think to try to get ahead of this. again, they are coming out and confirming, indeed, they lost about $12 billion last year. that is the largest since 20 to 20. they had problems with the commercial if and the defense units and those factory strikes. but, again, kelly or forth took

over last august. he reiterated they are in this four-part turn-around strategy, fixing culture is part of that. the market has had a few days to digest it. stuart: general motors? >> all right. you buy a gas-powered truck and suv? if because everyone else is. the average selling price was $50,000. we can do know they're still having some losses on the ev part, that's why the stock in part is down by about 8%, and they're calling out some of tariffs. they do know they're trying to order some parts ahead of time because they don't know how much the impact of tariffs will change the company. but reiterating again that they will be nimble, but highlighting the risk of tariffs for gm. stuart: i just don't ever think i'm going to make my fortune in general noticer. maybe i'm wrong. expect record ev sales worldwide this year. the biggest market, i take it, is china. >> it is. a chinese-based forecasting firm did forecast evs and plug-ins will rise about a 17% to 20

million cars globally. now, we think in china it's going to grow 17%, but that's after 40% growth last year. sales in the u.s., they believe, jumping 16%. but then they also caution you could have a u.s. market that's really impacted by the trump tariffs sort of long termall those ev mandates -- all those ev mandates hard no longer many place. stuart: that'll play a role, i'm sure. bitcoin this morning? >> sometimes tied to nvidia, sometimes tied to the rest of the big tech market. but look, we're is till hovering above $100,000, and you're back at $102,000. i know we talked and it was a little bit of green on the screen today, but there is optimism when you look for it. stuart: okay. star buck, they report after the bell. or what are you hearing? >> all right. so this is interesting, because this is the second earnings call with brian niccol, the ceo that starbucks took from chipotle. they are looking to see a decline in sales though today,

9.3 billion in revenue is the number you want to look for, but that is a decline of about 1% year-over-year. earnings looks like it could the drop about 26% year-over-year. but remember, also in the middle of a turn-around plan where they want customers the come into starbucks, you get the ceramic mug again, sit in the café, make it more welcoming. eager to see how that strategy's working. stuart: a referendum on the turn-around to some degree. >> yeah. we are see. stuart: down a fraction as of now. taylor, thanks very much. >> thank you. stuart: coming up, president trump says america's golden age is just getting started. >> the golden age of americas has officially begun, and i think that's a good thing for us to talk about, the golden age and the american dream. stuart: charles payne, is going to to be here. he's going to respond to that, the golden age. and donald trump is call for complete unity in the republican party. can he get the freedom caucus to fall in line. >>? we're on that. boom supersonic going to try

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stuart: in about 90 minutes, boom supersonic will attempt to break the sound barrier for the first time with its prototype aircraft, that is. grady trimble in california. what's the significance of breaking the sound barrier, grady? >> reporter: well, there's a few, stu. we're told this is actually going to be the first time that a private company develops a plane that breaks the sound barrier if everything or goes according to plan today without the help of government. and on top of that, this is a significant milestone not just for boom, the company that the developed this plane, but also for anyone who wants to fly

commercially and get to where they're going faster. this is the prototype plane. it's about a one-third scale of what they hope will be eventually their commercial jetliner. in about 20 the minutes or so, this plane will roll out of this hangar onto the runway, and an hour after that it'll taxi for that that first ever supersonic flight. that means faster than mach one. here's the ceo explaining how they're going to use the information from today's flight for future flights and developing a commercial supersonic plane. >> next week we'll fly again, prove to ourselves it wasn't a fluke. and then everybody who worked on it moves over and we finish what we've started on the airliner and making that a reality for all of us. this is, i think, the only country on earth where a small team can just decide they want to do something and go do it. >> reporter: what this means for you and me, stu, is once they get up in the air with

their commercial program, 2029 is the goal, you could get from new york to london in just 3 hours and 45 minutes. so it drastically cuts down that flight time by about half. and another piece of trivia for you, stu, this air space that's just above us here in mojave, california, is the very same space where construction yeager -- chuck yeager first broke the sound barrier. boom supersonic looking to do it again one more time in about 90 minutes. stuart: great stuff. i want to see it. jason chaffetz, i flew concord a couple of times in the 1990s, and i hope they bring it back. >> it's a beautiful plane. i'd love to be able to go to london that fast. can they just get amtrak to go more than 50 miles an hour? [laughter] lauren: with fewer stops? >> can't we to that first? this is private. i love it. elon musk, companies like that, they're going to drive the future for america. stuart: i think you're right. i hope you're right. jason, thank you. >> thank you.

stuart: let's get back to deepseek. nvidia shed almost $600 billion in market value yesterday. it's the biggest one-day loss for a u.s. company. daniel newman joining me now. all right. series of questions, daniel. deepseek a.i. is doing the same thing as some of the larger models for a fraction of the cost. do we need to be spending all these hundreds of billions of collars? -- dollars? >> good morning, stuart. yes. i actually believe what is happening right now is china is creating a bit of consternation, destabilizing u.s. markets and creating concern across the technology sector that we and that it's okay to slow down. that's to their advantage. i do think some of the tactics and techniques they're using to create model efficiency can drive greater innovation which will create better models and drive higher adoption. i think the u.s. and the west should be accelerating, continuing to invest if because in the end, we're not even close to agi yet. this is one type of a.i., and

this was a incredible opportunity for china to create doubt, sow doubt within the u.s. about investments and plans that we've made. stuart: is it as good, is deepseek as good as it's made out to be? and why the timing of the release, just as president trump gets it into -- with china if on tariffs? >> well, i think it's exactly what you just said. it's to create some pause within the u.s., within the leading technology companies, within the research community. there is validity to the techniques. there is some questions about how much infrastructure that they have, but the timing is impeccable. right now you see what happens. it absolutely turned the market on its head, and it's making us question everything that we're doing. but the molds till aren't that good. the -- the models still aren't that good. the infrastructure isn't capable of handling the volume that we expect k and we know that training is the imprint. it's how microsofts and service nows and salesforces put a.i. to use to drive economic value across all of our industries, not just a few companies that

have densely benefited from the a.i. boom so far. stuart: should you buy nvidia now? >> i would say that if you were a fan of what it was doing, nothings has changed meaningfully. i think we've found great efficiency that can be added to the hardware infrastructure. i still think that these efficiencies are going to be sought with other chip makers, the broadcoms, marvells, what their doing with the hyperscalers. but i still think when it comes to physical a.i., the future of self and autonomous driving, drug discovery, some of these advanced things that go far beyond language, nvidia has the biggest moat in software, and i think they will continue to be at the leading edge. stuart: so keep buying nvidia, keep building data centers, keep building power structures to feed the electricity to a.i., keep on doing what we're doing, is that your message? >> i want to see the u.s. make sure that we are the leaders in a.i. it is important. the economic future is going to be won on this particular front.

if china wants to slow us down while it figures out how the handle the lack of access to chips -- which they have enough chips, apparently -- the lack of access to to equipment and, of course, the competitive nature and what's, you know, possibly going to happen with tariffs, i think that it's to their benefit to create this uncertainty. i think there's some valuable lessons to be learned in that paper. i think there's some techniques we can use. but, look, i just don't see a situation where with it benefits us to slow down million we reach asi, agi and these incredible opportunities for a.i. to drive our economic future. stuart: daniel newman, thanks for joining us on a very important subject. thank you, daniel. coming up, president trump's rooting out the deep state. he's going after the bureaucrats who he says disrupt his first administration and if corrupted biden's. that's my take, top of the hour. rfk jr. set to testify before the senate tomorrow to try and become trump's hhs secretary. this could be trump's toughest nominee to get approved. a full report washington next.

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♪ stuart: tomorrow rfk jr -- tomorrow rfk jr. will testify at his senate hearing to become trump's health and human services secretary. alexandria hoff joins us. this is a big test of republican loyalty to trump. are they going to get it done? >> reporter: i don't know, stuart. it really depends on if republican republicans as a whole are won over by his testimony. the first two of of two -- the first of two hearing, the the finance committee. kennedy's make america healthy again agenda has earned him the support of most republicans and some to democrats, but many want to hear some clarification on commentary he has given mainly on vaccines. here's republican senator bill cassidy. >> i agree with him on some things and disagree on others. the food safety, i think the ultra that-processed food is a problem. vaccinations, he's wrong on. and so i just look forward toing having a good dialogue with him

on that. >> he's not anti-vaccine. he's simply asking for us to look at the data and look at the questions to be looked at scientifically the assess the effects. >> reporter: is he or is he not anti-vaccine. that's going to be a big one. the former administration pushed forward some health stances in line with what kennedy has been preaching, like the fda banning red dye 3 and limiting some lead in baby foods. but the head of the american public health association tells fox he is not sold on kennedy. >> i think that, i hope that the hearing is not about a a got you. i hope that the hearing's about getting his views on things and where, if there's anything where those of us who have disagreed with him are wrong about, let's get those out so we can correct them. >> reporter: well, today a group founded by mike pence released an anti-rfk jr. ad. the former very p has been lobbying senate republicans to not support kennedy because of

his past support for abortion. so i think for republicans, that'll be the big one. stuart? stuart further thanks, alexandria. scott bessent has been confirmed by the senate. a close vote? lauren: not really. 16 democrats voted in paver if of bessent. the final vote was 68-29. secretary bessent will play a key role implementing president trump's tax and economic policies. he is the fifth nominee to be confirmed9 and the first of trump's economic team. we did national security, now economics. stuart: okay. thanks, lauren. look at the markets now. this is the day after the big selloff yesterday. not much of a rebound at all. nasdaq back up 33 points, but that ain't much. still ahead, charles payne on what trump calls the golden age for america. just getting start. brian kilmeade on trump the eliminating government waste including the green new scam. joe concha on hollywood elites like selena gomez giving us moral lectures and ignoring reality. and california are congressman darrell issa on trump's ability

to get the entire gop if to fall in line. the 10:00 hour is next. ♪ you keep on shouting, you keep on shouting. ♪ if -- i wanna rock and roll all night. ♪ and party every day ♪

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stuart: charles payne with me singing along, you love th. look at that. again, i keep saying sixth avenue is deserted. is that cold weather? >> we look at the number on congestion pricing. is bringing more money for the train? stuart: good morning, everyone. 10:00 eastern, straight to the money, not shiva rebound, nasdaq is up 65 but nothing like