tv The Claman Countdown FOX Business March 3, 2025 3:00pm-4:00pm EST
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>> mr. president to follow up on my colleagues question. >> the vast amount of fentanyl have poured into our country from mexico. as you know also from china where goes to mexico and canada and china also had an additional. it's ten plus ten and it comes in from canada and mexico and that's very important thing to say. >> have you decided to begin to suspend military aid to ukraine have you made that decision. >> i haven't talked about that right now we will see what happens. a lot of things are happening right now as we speak, literally as we speak i can give you an answer go back to my office, the beautiful oval office i can go back into the oval office and find out that the answer is obsolete. it's like his business is obsolete you come up with the new chip and is obsolete but
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that's what's good about his business after he's only one that is successful. just a follow-up on my colleagues question, your foreign policy is largely in line with their vision should that be concerning to americans. >> read the statement. >> russia says your administration foreign policy is largely in line with their vision. >> also you what i think it takes two to tango into how to make a deal with russia and you have to make a deal with ukraine and you're going to have to have the assent yet the consent from the european nations. i think that's important to and from us. i think everybody has to get into a room to speak you may have to make a deal in the deal could be made very fast it should not be that hard of a deal to make it could be made very fast. maybe so but he doesn't want to make a deal. if somebody doesn't want to make a deal i don't think that person will be around very long it will not be listen to very long because i believe russia wants to make a deal and the people of
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ukraine want to make a deal they suffered more than anybody else we talk about suffering, they suffered. if you think about it. under president bush, they have georgia, russia got georgia and under president obama they got a nice big submarine base a nice big chunk of land where they have the submarines, crimea. under president trump they got nothing. under president biden they tried to get the whole thing. they tried to get the whole big ukraine. the whole thing. if i did not get in here they would've gotten the whole thing. i can only say you can go back to bush and obama and go back to biden they took a lot. the only one they didn't get. you know what i gave them. i gave them antitank missiles, that's what i gave them. i gave them sanctions on russia.
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i gave them javelins, you know the javelins when they took out all the tanks. you know the tanks were heading to keep by the hundreds and they were unstoppable. and i gave them javelins. , putin is the one that will tell you this is not been so good for them. the fact is i just want fairness. i want fairness. think of it i gave russia nothing except grief. i gave them nothing i gave them sanctions and javelins that's what i gave them. obama gave them sheets, you heard that statement before trump gave them javelins and trump gave them sheets. we have to make a deal, there's a lot of people being killed that should be killed. trump gave them nothing of the other presidents gave them a
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lot, they give them everything. >> you met with president at sea packet he wants to sign a free-trade agreement with the united states is that something you would consider. >> i would consider anything, i think is great he is a great leader is doing a great job he's doing a fantastic job he brought it back from oblivion. were looking at the uk with things. it doesn't have to be tariffs but tariffs are easy, they are fast and efficient and they bring fairness. for instance when people kill their dollar in their equivalent of the dollar and whether the one or the yen in japan or the one in china. where they drop them down. that puts us at a very unfair disadvantage. all i have to do is say howard we have to raise the tariffs of little bit because i called president xi and the leaders of japan to say you can't continue to reduce and break down your currency. it's unfair to us.
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it's very hard to make tractors, caterpillar here when japan, china and other places are killing their currency driving it down. all of these things add up. the way that you solve it is with tariffs when they do that instead of making phone calls like i used to do with certain leaders, president shieh little bit a lot of phone calls talking about the fact that they're lowering the one down and that makes it hard for us so this way let them do that and we make up for with the tariffs. >> what are you speaking with the mexican president. >> i have a lot of respect for her i have a lot of respect for her. >> mr. president. >> there will be 20% on china how high are you willing to go against china. >> i can't say it depends what they do their currency and what they do in terms of her retaliation within economic retaliation which i don't think
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they'll retaliate too much. the united states has been taken advantage of for 40 years the united states has been a laughingstock for years and years, that's what this gentleman is built in taiwan instead of building here would've been better v-belt here. if we had a president that knew what they were doing and we had a lot of them bad on trade i'm a huge fan of ronald reagan but he was bad on trade very bad on trade he allowed a lot of people and businesses to be taken. i say that would do respect. he was great on other things but he was bad on trade. we are setting records right now, records like nobody has ever seen before. when you have companies like this coming in an oma's 40% of the company, one signature will be devoted to what he does which is one of the most important businesses in the world that's an unbelievable thing. when apple is going to start building all of their plans
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here. all because of what we've done, not because he likes me or they like me they probably don't like me at all. i think he likes me a little bit at least but it is the incentive that we created were the negative incentive. it's good to be very costly for people to take advantage of this country, they cannot come in and steal our money and steal our jobs and taker factories and taker businesses and expect not to be punished. they're being punished by tariffs. it's a very powerful weapon that politicians haven't used because they were dishonest, stupid or paid off in some other form, now are using them. >> have you spoken with president xi about that this term. >> i don't want to tell you that. >> thank you very much. >> andrew cuomo running for new york city mayor. >> will people who don't respond to the e-mails be fired.
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>> the market that was in the red is diving to session lows ahead of tuesday's tea day the day that president trump has promised he will impose tariffs on the u.s. biggest trading partner moments ago in the roosevelt room the president and very clear terms reiterated the tariffs against mexico, canada and china will go into effect at midnight, the dow jones industrial down 665 points. the s&p nearly a hundred at the moment 1.6%, the nasdaq is getting clocked 420 -- make a 433. we continue to nosedive at the moment we have the russell 2000 down 50 points or two and a third%, let's give you the exact time, t minus eight hours and 52 minutes until midnight when americans will see 25% tariffs slapped on goods from mexico and canada ended additional 10% on chinese products not much time left to negotiate.
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president trump is known for making last-minute deals and the woman sitting across the table from the united states and specifically commerce secretary howard lutnick has been making a lot of moves to formulate truck might except about mexican president claudia sheinbaum. i like her a lot in this weekend on fox secretary latinate gave a nod to the leader, she made move since the tariffs were first threatened a couple of months ago mexico stock market. you can see it here is sold off in early january when the president announced his plan but has responded favorably to claudia sheinbaum's move for 35% tariff on chinese apparel imports ended 19% tax on chinese online retailers like shein and temu. the imports come in by a carrier company originated in china as we watch the deadline moments ago, president trump announced the taiwan semi conductor plans to invest an additional
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$100 billion in ship manufacturing plants in the united states over the next four years, back in september taiwan semi had committed $65 billion to build a massive chip plant and phoenix. it now says it will build five additional factories the new plants could create between 28 . taiwan semi is at the low of the session. it is stinking for in a third%, the chip sector overall is getting absolutely chopped. you can see nvidia that has been struggling most of the session down eight and half% the semi conductor index, the smh, the basket of stocks which all of these are in their down 4% supermicro computer which actually builds the data center where the chips go in that is falling above a .7% arm holdings broad, being hit we should check on intel. it was in the green earlier on
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the barron's report that nvidia abroad, were running tests on intel manufacturing process which could mean intel might nab them as customers, they lost all of their gains is reversed and down 2.8%. we have to tell you there is notable movement and bitcoin at this hour notably volatile, bitcoin is trading up what in a half percent. you can see where it was on friday and where it went on sunday that is well where we are at the moment i $85568 while off the 24 hour high on sunday of $95000 which it hit after president trump announced over the weekend he will hold a crypto summit this friday with prominent players in the space. coming up former massachusetts edited and crypto supporter john deaton is here on the administration to a strategic crypto reserve that will include x rp, solana and cardone no in
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addition to ether and bitcoin. we have a big week of data and earnings for the retail that could heat up or chill the market president trump announcement on terrorists let's get right to the floor showed joined by trader kenny polcari and we have a fear fountain in the final hour. what happened to the farewell february optimism. it really looks like things started and we can look at the two days in the intraday's is started to go south when the president reiterated the tariffs are going into effect tonight. it's not like this came out of left field he's been telegraphing that he campaigned on and very confident about it, he told the markets that. i think the market knows were playing the game of cat and mouse never believing or think there's good to be a last-minute deal and there may be a last-minute deal you know how you said in your opening statement we have eight hours to go a lot can happen in eight hours. that is true and he was sitting
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next to be on the set let's talk about what you heard within that enough to set the dow down 751-point. >> there is a reason that the market has historically done best when there is gridlock in washington. when stuff moves too fast it's too disruptive even if some of the policies will end up being good for the economy a year or two years from now there will be disruption and that hurts the economy in the short run and that's what were dealing with right now. >> you would think that taiwan semi will be a stock that would rally in the other chip names not only are they not rallying the recession lows in many cases on the news that would seem to be very good for the united states that the taiwan semi with an additional 100 billion we want to stress that they already announced a septembers 65 billion to build out in phoenix, arizona and now an
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additional, they were very clear about that but they will spend all the money here job creation and goods. what in your trader mind is telling you that the stocks have a reason for going down. >> what i think exhaustion. it started with nvidia from last week where we could have ago they recorded before what we've no what it meant and wasn't true and wouldn't grow as fast as it did. they took money out of nvidia in the whole section in sector right now is going to suffer from that just uncertainty, the news was great i think that a day like that would be buying opportunity and that much more money. the tone today is negative it is probably negative. anything that they can focus on their knocking focus on any of the positives there going to focus on anything negative in the market it is destroying all the different index. >> if you missed nvidia and i got to high on the annual high
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as 153. what is your best buy if you're going to swoop in and pick up something at this moment on the discounted index and names. >> after by quality on sale that is dividend growth, this paint has not been felt equally the s&p 500 aristocrat are etf and nobel noble it's up 2.5% your today is not just rotation. coca-cola and procter & gamble. guess what ibm is the dividend aristocrat up 50% year to date on the back of a.i. driven performance. there are opportunities that focus on the ones that can stay with you for not just the little pivot. the ticker symbol in lbl. you're getting names that are not tech heavy. >> one 100%. again you're getting quality. everything that is not tech is working right now but the stuff of low-quality deep value high dividend yield that is a
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transition phase. what will stick is high quality in the dividend growers have better fundamentals than the s&p 500. >> look at verizon is up 1.5% verizon is not a sexy neighbor great dividend stock based on 7%. >> there you are. it appears that fear trade is a little bit stronger certainly than the risk on trade, great to have you. we are off session lows at the moment. when we come back we're going to play the soundbite from president trump that sugared a deeper selloff in the stock market. we'll talk much more as well were talking tesla which is also down. stay tuned. and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected.
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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. baby: liberty! mom: liberty mutual is all she talks about since we saved hundreds by bundling our home and auto insurance. biberty: it's pronounced "biberty." baby: liberty! biberty: biberty! baby: liberty! biberty: nice try, kid. only pay for what you need ♪ liberty. liberty. liberty. ♪ baby: liberty. ♪ ♪ the flag replacement program got started by a good friend of mine, a navy vet, saw a flag at the office that needed to be replaced and said wouldn't this be great if this could be something that we did for anyone? comcast has always been a community driven company. this is one of those great examples of the way we're getting out there. i'm thinking of updating my kitchen...
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liz: breaking news tariff talk is triggering a flight out of stock is president trump announced to deal with taiwan sisi way to invest $100 billion in the u.s. over the next four years he was asked about the midnight deadline to impose tariffs on canada, mexico and china. listen. >> tomorrow tariffs 25% on canada and 25% on mexico that will start and they will have to have a tariff, what they will have to do is build their car plants in the united states. when he says they that does include u.s. automakers who happen to have plants in mexico let's look at auto stocks you see general motors ford and stellantis, you gm down for a half% stellantis down three and half percent and for john 1.7%, tesla is a u.s. carmaker as well
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tesla has been volatile, take a look at the intraday after powering higher earlier with morgan stanley reinstated the ev maker as the top pick in the automotive sector the brokerage firm has turned around the company said the future value lies in an expansion into a.i., robotics energy storage and autonomous vehicles. tesla has been bitten by the broader selloff and of course who knows, tesla operates in china but they sell the cars made in china to chinese. he also has the germany giga factory as well. were watching all of this. right now tesla down 4% year to date it's been clipped badly about 30% january cells in europe are down more than 50% year-over-year downward trend started laster but accelerated it to 2025 some analyst not morgan stanley but some have attributed the drop to a few factors including elon musk
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giving more attention to the white house and politics and the changeover of tesla's most popular car the model why let's look at capri holdings we have a fashion forward possibility here, capri is close to selling for sachi to prada. prada will pay 1.6 billion for the luxury clothier which capri purchased in 2018 for $1.9 billion the deal would help prada compete in the luxury market against rivals like lvmh and it could be finalized as early as this month says bloomberg shares a product up five a quarter% right now and capri up 5.5%. reddit cofounder joining frank mccourt in his bid to acquire tiktok u.s. operations. he will serve as a strategic advisor specializing in social media, the venture capitalist says he's excited to join his team trying to give users way more control over how the data is used in monetize.
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tiktok has until april 5 to find the u.s. buyer before the federal ban goes into effect. as we've been telling other bidders for the app include a group led by tech entrepreneur jesse tinsley in youtube star mr. beast there is no word if ideas of the chinese government will allow a sale to anyone of that, read it at the moment is flat on the session. tiktok is still not decided on a buyer shark tank investor is getting his hands dirty in the latest project. auto repair chain expanding by leaps and bounds, damon and the crash champion ceo are here to discuss the scaling up of one shop to a national chain of more than 600. our mechanics jobs cooler than a.i. is a fox business exclusive the dow down 767 points. stay with us.
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and tonight at midnight. we got eight hours and change the dog will believe it dow dust wrote down 860-point getting clock 2.6% or 550's points. 132-point to two and a quarter percent, we gotta talk about this with a.i. and a.i. stocks selling often the new age of artificial intelligence. it's starting to look like old-school skills are becoming cool according to payroll provider adp enrollment invocation focus to your community colleges jumped 14% in the fall of last year versus a claim of 3% at four-year colleges one popular field but
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collision repair specifically is in high demand that is lighting a fire under the company called crash champion in three years they trained 6000 technicians and the company went from a handful of outlets to afford a half billion dollar evaluation shark tank investor and fubo founder and ceo damon john is crashing the collision repair party he's joined as an advisor to the company here at the fox business exclusive he joins us with crash champion matt ebert. when we are hearing about the days that a.i. arms race is fully entrenched you are training legions of auto repair mechanics what do you think is spurring people to get their hands dirty and growing your business. >> it's a good old-fashioned role of supply and demand is a shortage of technicians and when it comes to repairing the cars a.i. and robots can't do it yet. it's a service business that needs people in the industry
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hasn't found a way in the past to become as attractive were on a mission to spread the word and let people know what a great career it it can be. >> when you think about it is not just automotive but when you talk about electricians and plumbers suddenly the skilled labor let's not call it unskilled it is skilled specific labor is having a renaissance and at the forefront you started the company as an auto mechanic at age 16 and in 1999 you started your first single operation and now you have more than 645. how have you grown this quickly. >> i took on investors in 2019 and responding to where the industry is headed. it's an industry that is consolidating and requires a lot of investment in keeping up with
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the technology on the vehicles. it's an industry that needed consistency for an insurance partner that pays a lot of the bills in the collision repair space. it is much more consistent quality and the ease of administration with larger companies. recognizing all of the trends in 2019 the right move for crash champion's was to take on an investment in order to scale in response to what is a major industry need. >> everybody knows you from the guy from shark tank who is a venture capitalist you put money and a lot of consumer names, the stock company but i've known you so long you been in the apparel industry what attracted you to this and what does it mean to be an advisor why not just invest. >> this is a rocket ship. as we talk about 650 locations they went from 13 locations in
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2019 to 650. i look at this is an area of substantial growth. this is a unicorn. everybody needs a car number one and of course as somebody who is a girl dad and i know when my wife goes down she doesn't want to have anxiety, she wants to know she is quality control and get things delivered on time and she wants to know if she's invested in it. also look at the technology, these robots can't build or fix the cars today. today is mechanics is not the one that we grew up with a cigarette hanging out of their mouth in the busted knuckles these people have to be technicians. you have to recalibrate breaks and all kind of things with the technology coming in and the baby boomers the kids don't want to take the business. now you can consolidate how many more of the locations that can be consolidated and people will need fixing and quality control and reliability.
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>> when you go into a company and advise them or invested in them you have and i you come in and see where things are top-heavy into many employees right now we have doge the department of government efficiency they are cutting government jobs with a machete. do you go when with a scalpel or surgically and if you were in charge i'm asking you to put on this hat you probably never worn, how do you decide which jobs should go and how to make leaner meaner accompany like this company. >> this what i don't need to, they always asked me the question on shark tank what you invest in the company, this one the jockey is waiting. i don't have to go in there and be the mean guy because this person has already acquired that and has the skill set and he goes into organizations and operations that don't have the technology and the customer service and buying substantial
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growth, what is my job, bringing to light geniuses that are out there helping american companies and small businesses and they know how to maximize and get the potential out of the company and into the investors hands on. this what i more concentrated on the rock star behind it and saying how do i learn on how to operate a business more effectively and how can i breanne crash champion to show the next generation that this is where they should be investing their time and labor and skills. this will separate them from other people if you add a.i. into it. jobs are knocking to be replaced by a.i. they will be replaced by people who don't know a.i. that's what it really is. >> that's an interesting take. great to have you, please come back when you go public something tells me damon use the you word, unicorn. thank you.
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>> the selloff continues, the major averages are tanking, the dow is down 845 points at the top of the hour it was lower by 449. all the majors are doubling their losses. were watching it closely as donald trump's tariff talks boost the markets. the fearless investor. the type a cpa. the boot strapper. the boot maker. hee-ha. but many do have something in common. we all trust schwab with our wealth. thanks to our award-winning service, low costs and transparent advice, every day, over a million multi-millionaires, trust schwab with more than three trillion dollars of their wealth. ♪ known for pursuing your passions. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer. fda-approved for 18 types of cancer,
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>> stocks are not the only thing under a bear attack they are dipping their claws into the oil patch at this hour we can look at oil on your screen. it was already gone well before president trump confirm tariffs on the country's biggest energy importer which is candida those will begin at midnight accrued in the aftermarket is lower by brent is that $71 john thune quarter percent as for west texas intermediate live wti at $68.12 a barrel down to another
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present, opec started this and he proceeded saying it will proceed with a hike in oil production next month, supply up, price down. on the flipside look at this natural gas is bucking the downward trend not gas futures at the moment are popping 8% and the price of natural gas and see no run-up of 59% since november's election a big part of trump's path to energy dominance is the plan to greenlight new liquid natural gas products. america's dirty the world's largest lng exporter for a long shot shipping 88 million tons in 2024 alone. on the day president trump was sworn and he declared an energy emergency. in six out of the 46 day when executive orders and actions were tied to energy. what is energy emergency, how will the plans that trump has in fact in the pipeline how will
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they affect the industry. jill is the ceo chart industries which manufactures the very equipment needed to service the energy and industrial gas markets, first of all how is it that natural gas is in such a pronounced way doing a complete opposite of oil on a day like this. >> thank you for having me certainly what were seen around the world and not only the united states is a renaissance for natural gas certainly energy intensity and the need for more energy power source coming into play that makes natural gas a very viable solution and that's not just the united states, only the u.s. being a provider of that with the natural resources that we do have. we are seated move globally given that there is import infrastructure as well as expert infrastructure in place already. this is a very viable answer to
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the immediate need for growing energy intensity whether that is through increasing data center build or artificial intelligence or simply alternatives to oil in the oil field. >> let's keep in mind, the need for natural gas to power utilities and electricity in the grid especially for all of this demand everybody seems to expect for artificial intelligence is very much at the forefront of this discussion, that said what i look at names in the natural gas field like she near, ticker symbol lng, she near is selling off by 4%, some of these companies are your customers want to imagine i will we look at the ets, three of them were natural gas are indeed moving higher what is it you feel you do best for lng and overall not gas industry. >> absolutely we provide process technology, engineering design
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so the process itself or gas to liquid i of the molecule particular lng whatever great customers globally is a key dedifferentiate or not only do we provide our customers with the process technology which in many cases operates above capacity but these customers can get the key pieces of supporting the process from us in whatever multiple manufacturing facilities around the world we are the only united states manufacture of heat exchange which is the heart and soul of in particular for module midscale processes for lng export. we are very excited to serve our customers with the beginning of the value chain in the process all the way for aftermarket repair which is a long-standing relationship from the process provider and the equipment
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provider for companies that will operate the facility for decades to come. >> i look at your stocking over the past year you can very well up 30% i believe that is a pretty much up there or maybe outpacing the s&p. that said it's been a rough year year to date your down 14% what do you think it's investors excited about this company. >> we have strong orders growth as well as commercial pipeline behind us that is something that sets up the ability to profitably grow through the coming near-term in 2025 as we lay our outlook out this past week to the medium-term in addition to that were in a position now where we've been generating operational cash flow to driver net leverage ratio down and were below on the net target which gives us more flexibility with optimizing our balance sheet and we have room to grow in our margin expansion. that is something that we see
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combine with macro tailwind specific to chart tailwinds deleveraging and durability to execute auto chart business excellent initiative to drive further profitable growth ahead in 2025 and beyond you doubled the performance of things for joining us. >> thank you so much for having me. ceo thank you for being here president trump is expected to focus heavily on american energy and it joined address to congress tomorrow. don't missed the big speech 9:0g right back. the dow off the session laws of 700 points.
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how can it get any better? -i'm just spitballin' here, but, what if we offer people apple tv+, netflix and peacock? for one low monthly price. -yes. so, people could stream the shows they love. and we could call it... xfinity streamsaver! mmmmm. what about something like: streamsaver? ooooooo. -i love that. add streamsaver with apple tv+, netflix and peacock included for only $15 a month... and stream all your favorite entertainment, all in one place. matter horn, space m mountain and water roller coaster scares you it's been that for the hours of crypto and the marks are selling off and crypto right now is still and you happen just by 1.5% it's at $85,700 and change at the moment. if you really kind of look over the past 48 hours and it had been 94,000. president trump announcing the creation of a crypto strategic
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reserve over the weekend and summit in dc for this friday and pumped it up initially. get to charlie gasparino and john deton. >> the market is down 700 plus points and get worries about the ten year acting really weird and it's up and hovering around 4.5% and why is donald trump spending a gather zillion dollars? it's the -- gather zillion thing? >> it's the dumbest thing in the world. >> we're going to howl that and not sell for 20 years and may be coming up with something like paying your taxes and bitcoin and xrp and going for that and going for them with strategic row serve and this concept of buying using the taxpayer funds and net buy.
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>> it's your choice to buy. >> it's a hedge on the devaluation of u.s. dollar. >> dollars to bite hedge of devaluation of dollars and we need to focus on stable coin legislation. >> why did he go there with this? >> i think a lot of prosperities were made and crypto played a big role in 2024 election. liz: big money. >> going for the fair shake the federal government coming in. >> that's fair for the several government going for them and talking about the trump mean coin and president trump owns ethereum and crypto is here to stay and important development in the financial markets moving forward and i think we have to focus on what the market needs. we need a market structure bill. char larry: the first time we
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talked and you're like why are we applying 1930s law to modern day technology. automation, rob robotics and quantum computing and focus on the things yuppies need and reform and centralized exchanges and going with coin base and bankrupting them and coin base creditors and last couple days needing a consumer protection and protect those things. >> you're an expert at xrp and help ripple the native coin of rip and will bringing them going with xrp and registered security and going for xrp is one of the cryptos going to be involved in the reserve. it's going to go down. the last 30 days in the trump first term and jay clayton going for them and sec chairman out
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the door and filed this ripple case. four years later within almost 30 days of second term of the president seizure disorders and xr p going to be part of the crypto excerpt. >> he drops it and has to drop it. >> we had a united states president stamp of approval on xrpcardono, xrp and more. >> it's going to get screwed on this if he doesn't drop the case. >> if i'm ripple and rare guardian house and have the leverage for the negotiations and the incoming sec chair. >> hard core press to say we want you to pay $125 million and here's the thought. ripple pays 125 million pine and judge torres issued and start the next crypto. liz: john, why is crypto selling off on a day like this and talked about it with a hedge against and who knows what and doesn't behave like some people
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thought. >> it's the most risky asset. it was up how many? >> 94,000. >> then came down? >> yeah, bitcoin has a history of going down 40%, 50% and that's in the cycle. liz: john, good stuff. please come back. >> i will. liz: nasdaq inching closer to correction territory and has to close. if it closes down, what we were saying brad? i know that if we close down for -- if it closes down 690 points, it's in correction territory. right now it's down 693. so bring in a guy with 200 billion in asset management and going with cio and gus, what
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do you think happens tomorrow and buying in the last couple minutes of trade because everything's cheaper? >> today is a waterfall and look at people fearing if there's inflaying, the fed is on hold in here. look at six months, you're in a better place today than tomorrow. and best house on the bad block so-to-speak and remember, only 11% of the economy is imports. we're a services directed economy and the stuff we're looking at and potentially what's happening, we're not as
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worried. >> we're looking at k shape economy and the hiring is doing weld and siting on 5% interest rates they're garnering on a monthly basis and they're sitting with a house that's paid off and they're living large with the income at this point in time. liz: gus, great to see you and we can tell you folks we've come off the worst part of this roller coaster ride. dow was down 681 and was down 900 and change and s&p down 107. most telling perhaps: the vicks. it was up more than 20 and now 20% and up 16%. a lot tonight with the deadline. stay tuned. larry: hello, folks.
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