charles: the needle is moving and what's going on? >> there was a lot of front leading in front of potential tariffs, but as we saw out of the dallas federal reserve yesterday, the biggest we saw some really weak numbers inside of that report and some warnings that the demand is just not there. scott bessent is careful how they're rolled out and don't give a further hit to the industrial sector. liz: s&p and nasdaq trying to make a go and lost it. right now there's red on the screen whereas we had green on the screen for most of the

indexes ahead of what's arguably the most important earnings release of the fourth quarter. blue chips in the red at the moment but optimism is pushing shares of the ai chip maker right to second top position on the dow jones industrials and nvidia gaining 2% earlier and it was up 4% from session low to session high and shares have moved from $129 to where we are now and it's not even the session high to 129. there's no doubt the market may very well take the cue from the strength or weakness and ai chip leader telegraphs about current demand for the high and lower end graphic processing units that drive ai chat bots and

overall compute power. remember, back on january 26th that nvidia saw $600 billion in market cap vaporized after the release of chinese ai chat bot deepseek signalled that ai models could be made at a much lower cost with fewer high end chips. since then nvidia clawed back a good chuck of losses and tahin why they're shoulders so much of the broader market's responsibility. set the tech sector on fire and the markets and s and, up 50% since then and anything ai relate, it sprinted along with it. coming up, the floor show tackles that trade and in the meantime, president trump focussed on sending a message via tariffs on the foreign imports in the first full cabinet meeting today, he showed no sign of backing off on his promise to impose them on china,

canada, mexico, and the european union. >> we have about a $300 billion deficit with the union. it was formed in order to screw the united states and that was the perp. they've done a good job but now i'm president. liz: joining me is charles schwab, joe mizzola and jay woods. look at inter-day of the dow. at 12:32, about then, it took a dive right after donald trump made that eu tariff comment and said often that europe's tariffs on u.s. cars are unfair and levelling the playing field but, joe, we've seen the tariff threats bruise consumer and investor sentiment and does this

show the market is scared of tariffs? >> fearing uncertainty and getting closer and closer to mark a we've seen the investor sentiment and that's taken a hit and hedging activity from the constitutional side and seeing big traders step in and buying protection via vicks calls and puts on s&p 500 and expect ago bigger move in the market and getting closer and closer and sentiments are showering. liz: yeah, if you want to see a real reaction here, just look at european car companies and especially f ferrari, it's taken a dive and mercedes benz,

bmw, volkswagen. jay, looking at uncertainty and doesn't sound like the president was uncertain at all in that statement and he said here come the eu tariffs. how does an investor dodge and wave through the words -- weave through the words. >> back and forth and he word it had wrong too and said getting out of them and going with the short term swings and keep hearing daily and make up his mind and go. but i know he looked at things very differently and it's part of his way of dealing with it. from a trader, it's frustrated and long term investor as you asked, block out that noise and follow the trend and earnings the growth was solid and a little preppation. is this is normal and you eluded

to for the show, we have one big earning and not the stock and talking about it enough. that will move the market and glad to talk about it. if you want to do into that. liz: we do, jay and joe. with that said, look at nvidia at the moment, again, high of the session was about 133 intra-day. right now it's at 129. up still but how does this indicate investors are keeping their shoulder behind the trade. >> stock down on a monthly basis and the highest percentage it's

a retail favorite and important and it's also important because tech needs a shocking arnett and look at what's happened with tech and failing behind with the overall s is cpi p500 -- s&p 500 and equal weighted and tech since we started this whole earning psychoand will hasn't performed very well. even thoughts jay mentioned, earn haves been good but football games rewarded for those solid earnings. liz: i don't know. they kind of were in a way because if you look at what happened in january, they took a fairly defensive approach did they not in january? what happened later in january, markets started hilting records and bank stocks came in with earnings that look that good. we tend to get very, very narrow minded coming to technology and

how duh the market move? >> it's funny you say that, nvidia led the market out of the bear psychountil 2023. break out to new highs and going for them three or four months later and now the s&p 500 -- nvidia is right on the 200-day moving average and going for the deepseek saga and it was the first time closing under 200 day and feint four days under the 200 day moving average and talking over two years and a lot of technicians and traders are watching this because if it does go to the downside. in fact, guidance is weak, we have a technical break down ask could lead to more market weakness and only down and technology and consumer discretionary and the market is coming along okay. but nvidia is that leader so it's a second biggest market cap stock in s&p 50 and we put all

the hyperbole out of the trend and watch 150 and get there and caution traders to be very careful after hours and they generally beat and may see a rally but let's wait for jenson to come talk about the deepseek threat and the guidance going forward because i want to know if this spend is going to continue from his viewpoint. liz: we'll take our viewers to a big event amazon is having today and wait till owe hear what the ceo said about amazon spend coming up in just a second. scott bower said the vicks may look calm but underneath the land there, it's bubbling up and we're starting to see people buying all kinds of vicks call volume. in fact, you note that had you saw large inflows into fix

focussed going about 267 million and inflows last week and what does that tell you and what should that tell our audience that doesn't understand trading derivatives and portfolios? >> sure, not only seeing the inflow and third straight week of inflows and what's interesting is, you know, when looking at vicks as a whole, right now it seems a bit subdued and it's 19 and it's rally and a little bit as of recently, but we're not screaming you buy vicks calls or put on the ftx and markets go down and traded by larger traders and institutional traders and they're done as a way to protect against a big downside move. they don't do that when they don't expect a big downside move. when that's something they're

fearing on the horizon, that's when you see the types of transactions. liz: we've been showing some etfs that enable people to take that trade and focussed etfs coming to vicks. good to see you both. thank you very much. just want to set the number here, the dow jones industrials down 195 and nasdaq down 11 and s&p down 7 and russell down 2. so these had mostly been to the -- all of them in positive territory and they've since reversed a lot of it had to do with the comment by president trump about tariffs on europe and coming soon we're watching it all. keep in mind, today all about nvidia and nvidia reports at 4:20 p.m. eastern so we're talking about an hour and 10 minutes away. and want to know about the results and details that are in it and deepseek and effect on spending. sitting down with man of center of ai revolution, our interview one-on-one with nvidia founder and ceo jensen huang on the

claman countdown and set your dvr if you can't tune in. lucid shares zigzagging and zooms down a curvy road and beating fourth quarter estimates and the stock popped after hours following that report. what's gloat it skidding out in the final hour of trade? we'll tell you next. and, alexa, give me general ai and overhaul of the alexa voice assistant and we'll get you new details on the ai glow up and whether the new features are glamming up the stock. that's coming up. the clam is coming right back. stay right here. ♪

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liz: crypto down about # 8% this afternoon when around 12:32 p.m. eastern, the same exact time as we mentioned at the top of the show that the markets reversed because president trump had announced he was pushing for tariffs especially on the european union. that's when you see the big dive on the price of bitcoin. now it's down 7.25 to 82,758. world war ii watching all this because if you see the tariff word and think, wait a minute, there's a fear of global economic recession as some analysts dorks crypto exposing and they're moving lower and we've got coin base down 1.33%

and riot block chain and hive are down more than 6% and bitcoin and this fox business alert and going for them guzzling up shares of anheuser-bush and going on track for the biggest increase and bog back to october of 2021 and up 7.5% right now after posting a fourth quarter report beat. bud riser parent saw u.s. sales gain for the second straight quarter and revealing trg regaining when it dropped after partnering with a transgender influencer for bud light and higher demand for michelob ultra and bud light brands and stella artois maker and spending shareholder approval of 22% and coming in april at an newel

shareholder meeting. investors are bearish on maple bear. they're on track for a record percentage fall and miking them more afford and will official for customers and investments they may cost a lot of money, i don't know. some may say that people aren't buying as many groceries because it's too expensive. the $9 jar of peanut butter, not so much anymore. tale of two automakers and general motors jumping 3.6% and lucid lagging 13%. gm increasing and auto maker

initiated a $6 billion share repurchase plan with $2 billion in buy backs slated for the second quarter and lucid, listen, they did report better than expected fourth quarter number asks they upped their 2025 production targets but founder and ceo peter rollinson drive ago lucid ware with me, he's stepping down as company strains to reach profitability with their pricey evs. lucid down now. the ai revolution and american super conductor connects the nation's growing data centers and chip fabrication and alternative facilities and electrical grid and awaiting nvidia earnings after the bell, you don't have to wait to find

out the state of energy demand for the types of enterprises. the ceo of amsc is here in a fox business exclusive. different politics short circuited many friendships but here's one tt was forged from it. judge jeanine pirro and jess soft jessica tarlov fight it out on stage and conservative jeanine pirro and liberal jessica tarlov reveal how they struck up a rock solid friendship and maybe you can do the same with political polar opposites in your life. available on apple, google, spotify, iheart radio or wherever you get your podcasts and coming up with the american superconductor rate now. don't go away. ♪

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and the service costs $19.99 a month and it'll be free for amazon prime members. and that would be most of us going for them and unveiling them and it's the third time they've gone in front of big crowd to make unveil like this. >> that's exactly right, liz. >> we made the announcement in the fall of 2023 they'd be revamping alexa and we've been wait ago long time for this. this is alexa re-architected and re-imagined, liz. the event started with ceo andy jassi and talking about their investment in ai and not sure if there's a company in the world with the greater investment in ai than amazon. he highlighted they're making their own chips and going for ukrainian chips and also talking about amazon they've got over

1,000 generative ai applications they've built or are in the process of building and then the focus was all on alexa and that's what folks were there to see. alexa plus is the brand new version and really overhauled and just going to have a very different interface and consumer and conversations natch value registering tone and mood and going to say alexa once to get the conversation started. you showed an example, but it's supposed to be a conversation that's digital. >> can you book our favorite friday dinner spot. >> sure, i can make a reservation. >> oh, and text the sitter and add to the calendar. madison: imagine the applause after that really impressive stuff. alexa plus is built on a model ago not ick system and they say

whatever -- agnostic system and they've partnered with anthropic for this and compatible with services and devices like amazon echo and ring doorbell and services like open table for making a reservation and grub hub for order your food or trip adviser for booking trip. amazon led and then fell and thinking about alexa and i talked to daniel rausch, vp of alexa. he said that changes now. >> amazon led in ai assist space and seeing it with chatgpt and clause anthropic. has amazon caught up? >> completely. i would say this is alexa for the generative ai and it's great to get a lot done in the browser with a chat bot and alexa.com and use updated app and talk in the ambiance of kith and get things done. i feel good about how customers

respond to alexa plus. reporter: this starts rolling out next month. liz, it'll be free for prime members and could drive more people to prime and such a boom for the company and once a consumer becomes a paying prime member, they're more likely to make amazon their go to marketplace. just fully makes amazon the integration into someone's life and it's a win win for the company but you're not going to get to see in consumer hands for one month and that'll be the true test, liz. liz: i have my alexa dots ready. i'm excited. appson is in it to win it with spending on ai. well, as megatech companies race to see who can develop the next best iteration, the question remains: does the u.s. have enough energy infrastructure to power this service connected and have demand? it's kind of rhetorical and probably doesn't.

and a single chatgpt prompt uses ten times more energy than a single google prompt. what's back in 2023 shortly after the launch of chatgpt that researcher from the university of washington found in a single day, chatgpt uses same electricity as 333,000 households combined. they've reached something like 400,000 weekly users about four times the numbers in 20 mike: what does that energy consumption look like now? turning to the company that enables electric utilities and energy providers to connect with among other businesses semiconductor plants and data centers. it's the chairman and ceo of american superconductor here in a fox business exclusive. well, answer that question. do we have enough ability for

that? >> they're needing hundreds of megawatts of power and it's a small power plant and seeing things in the trade press and regular press about the need for more generation. we're focussed on moving that power and formatting that and giving reliable power flow to a semiconductor fab and parts of the grid and servicing ai data centers and we're at the heart and growing nicely over the past few years and grew 45% year on year. liz: don't undersell that. 45% year over year and that translates to me to there's a lot of people that need what you do. an american superconductor enables a more seamless connection between the fab plants and big demand centers like data centers with the actual electricity generators? >> we provide a way to format the power to make it compatible

with the equipment and pabor factory or mill or mine or whatever that setting could be. and we help harden the grid to move where and when it's needed and there's a challenge you have power available and do you have it where you want it? and have it dis-batched where you need it? liz: the demand specifically for ai boom. whether it be the data centers or the chip application plant in the united states. data earnings after the bell and going for that and 4:20:00 p.m. and people wondering has the demand jumped or is it receding at all? what are you seeing? >> what we hear from customers are we believe demand will grow and questions on exponential growth and factor growth and power more necessary and needed. it's in these industries and it's in manufacturing industries and we see a lot of as american

based company and make all them in america and uniquely positioned to solve some of them and our effort is to have a diversified approach to grow our business and not just driven by day tafanely or ai but by a variety of different industries that are out there. all need quality power. liz: the navy. that's fascinating and talking to you about copper. donald trump announced he will impose copper tariffs on foreign copper coming into the united states. copper is very much a industrial and buildup play especially with these things and i know you guys produce the high temperature and semiconductor wire systems and going for a significantly higher electrical current capacity and copper wire. and going for the power and

going for proprietary going for them and working on china and russia and no surprise. >> woe can talk about that on a different show. liz: that's a yes, but go on. >> what we're really after is about copper uses and that's used in products and that's about 95, 96% of our supply chain for products made in the u.s.. going for them and when we look at thishold whole tariff and move and benefit for the company and going for them with this evolving economic policy that's coming out of the ministry. liz: your tock stock is up something like 69% year over year and right now today on no headline that i can see, it's up about another 6% and this appears part of the naval ship and part of halo effect and going to get more clarity on that going with nvidia numbers and going for that and watching

that kind of earnings report. >> they're a important stock and in our business, it's important it and for our dea dealing with semiconductor and things and 20, 15% of our business. we've tried to focus and grow and diversify and we take advantage of the macro-trends driving power consumption but there's a variety of them and it's not just ai and it's not just data centers and not just semi. everything we do in our lives is becoming more electric and we need to have quality power delivered to homes and businesses and factories. liz: absolutely. really stands to be intelligent by diversifying. thank you, guys. >> give you credit for that. liz: i'll take it even though i have nothing to do with it. >> all right. liz: daniel mcgahn of american super conductor. amsc. >> amsc, american superconductor. liz: thank you, great to see

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>> up in the sky, it's a bird, it's a plane, superman. liz: it's aeronautics flying car. one week ago, look at this on your screen. stop what you're doing and the team whined the model 0 says the test car successfully performed a vertical takeoff and flew over an suv. watch it land. oh my goodness. aeronautics have a long way to go before going full chitty chitty bang bang. test flight bringing the world one step closer to a world in which cars fly and how far away are we from that and going for

jim ducovney and here in a fox business ex-clues and i have here to break news that we'll get to in just a minute. jim, welcome to the show. i feel like we can't see that enough. in a world where speaking of in a world where artificial intelligence can hack anything and make it look like it happened and explain to us what really happened here because we leave at this video, appears to be very real. tell us what happened a week ago when you were able to make this car jump over an suv. >> since releasing the video, by far the most common comment is ai generated and people don't believe it both good and bad.

in other words i really applause them how to con syringes people it is real other than showing them life. liz: a broadcast network we'd be happy to come and do the same. i want to say it's the wright brothers moment. liz: what is next and how far from flying more than a feet. >> the significance and similarity to wright brothers going for transportation possible, which inspired the whole new generation of transport generation. this is kind of similar to wright brothers and wright brother new york flew very short and amount of distance same as this video. now this particular car is model zero ultra light and that means it has less range so it's capable of maybe 5, 10 miles

range, which is not great but the a is capable of over 200 miles and this is the version to date and this version is the customize one and how far are we from that and i would say at this point and going to get it to stop going for them and it's going to have things never going with them going for them in the startup and there's a lot of asterisks in this one year and as of today, we are controlled.. liz: one is regulatory approval and nothing close at the moment and # they're getting closer

than ten years taking a lot of money going for tim draper going for them known for the earliest investors in tesla in coin base and he's invested in bidoo and payofoffsoffs and announcement on funding round and going to tell us what's going on. >> sure. so thanks for allowing me to make this announcement so after we release the video about a week ago, we began have another flood of pre-orders for this car and we realize that we need much faster growth than expected before. so we have them that we're opening with the investment so welcome new investors to join draper associates and alliances and many great on board right

now and it was around they hope to welcome another round of great investors and we're announcing it right now. liz: right now today. and what do you hope the round a brings in terms of valuation of the company being concerned in >> sure. so we hope to increase 7x the existing ability of the company. people don't realize we're pretty early and we were a city level startup and this is a big thing we're hoping to open up. we hope to get the stars -- at this point, we have $1 billion worth of pre-orders, and as a small startup, to create that many cars in that short amount of time and finish rnd and get it out to the customers, it's pretty tough. it'll require more resources and we aren't like literally about

100th of the burn rate of most of them and capital efficient and that means that still we have a big line of customers waiting for the cars to be delivered so we hope to speed up this process. liz: those are brave people. so many questions but we're running out of time, jim. is there a driver in that test car and when these finally become available, do you need a driver's license or pilot's license? >> so you -- a driver's license and to fly, we're in different jurisdictions and in some cases you night ultra light pilot's license and in some cases you don't need a license at all. there's different jurisdictions in the united states, outside of the united states depending on the version. this is a model zero ultra light and model a will be heavier so there's a whole different set of legal issues to happen for that. there's obviously a driver and this car cannot function without

one obviously at this being filmed like this. that being said, there's two thing about the driver. how easy it is to control this and you as a driver need to know all the laws and regulations of the air traffic. the first part is easy, the second part you have to study more. liz: yeah, jim, it's fascinating. i want to put this on a loop tape and project it on my ceiling all day long. i could watch it and i can't wait to see the next test so come back here to show us. thank you so much. >> thank you, liz. hopefully next time you can fly. liz: keep us posted on the orders -- oh, yeah, i'm right there. i'm going to play bruce willis from the sixth element. great to see you. gym dukhovny from alef aeronautics. we're coming right back and charlie breaking it next.

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lyric we have breaking news, bitcoin has now fallen into bear market territory. that means it is now down 20+% since the january peak of 109,350. right now it's at $84,298. earlier it was even lower much it was down about 7%.

at the moment we have bitcoin off the floor down about 5.25%. again, we should also mention ethereum and xrp falling into bear market. charlie gasparino. >> they've been in bear market before and ethereum off one month and going for the chart and that's a pretty -- not talking about up one day that could be a wild flexuation and that's a good time to essentially set the stage for a bear market. last i checked bitcoin, one of the reasons why we're doing this segment, literally a minute ago it was down 20.7% and you pointed out getting out of the bear market and fall 20% plus and going for your assessment. going for crypto president and we have a favorable regulatory

environment and this is all theoretically good stuff. we're talking profit taking to the max and all the cryptos are very frothy and hundred thousands and that's going to lead the way for ethereum and leading the way for a beat to go and it was $3 plus and going below that and you had some degree of irrational exuberance and crypto and sam bankman-fried going with the money people are worried about and going to be structurally unsound and again you have some real like sort of push from the administration and i would say that i tell people this, i don't want to come across anti-cryptohere. what i would say, people are expecting donald trump just to hand crypto basically free reign

regulatorily. but you got to look at who you pointed as his sec chair and let me make this point. people are going to lose money and he's a traditional securities lawyer. if you do an ico like ripple or sell stuff, they didn't quite call an ico building out your platform. that's generally considered a security and that's why they're being liz: charlie, quick check of nvidia and it is 22 minutes away from its eagerly awaited earnings release from the fourth quarter and we've got it up, 3.7% so a bit of optimism here ahead of the numbers and bring in mainstay capital management ceo david kubla and how the

nvidia report could make or break the big rally that bev seen over the past year and a half and what do you think? going for the generative stocks and it's not enough that they beat and they got beat by a very wide margin and i think that wove seen what went -- we went over the video and we have the deepseek monday and bill selloff go -- big selloff and we've got to see the expectations going to be for earnings. liz: you know, you don't fool around at the moment with anything wild. i mean, you are actually liking the european markets. looking by way of dow jones stocks 600 up, far out performed u.s. indexes from dow and

nasdaq. how do you play it? it's a negotiating tool with foreign policy and in the meantime, the war in ukraine and trump backing up, there's europe handing up. liz: great to see you, david. thank you so much. don't miss my interview with jensen huang and kudlow is up next. liz: hello, folks, welcome to kudlow, i'm larry kudlow. speaker mike johnson one big beautiful bill and big step close tore trump