ali baba.o a buy on optimism for artificial intelligence and ali baba also said they have a new text to video ai model, they will be open sourced which means other people can download and modify them. stuart: workday, software company. lauren: they use a lot of artificial intelligence, they reported 15% revenue growth and the ceo says customers are asking for ai products. stuart: i want to show you a miniature nuclear power plant that sits in the back of a truck. it is right there, left-hand side of the screen, james walker runs the company that makes it, nano nuclear energy and james joins me on the set in new york city. that a nuclear power plant in the back of a truck. >> will be the smallest system of its kind, it can go anywhere in the world. stuart: obvious question. is it safe? >> nuclear power is the safest form of energy man has ever devised but this is still safe. we went could it melt down? >> it is impossible. the old systems, the biggest catastrophe possible was the meltdown system

ali baba which does a lot of e-commerce work analogous to what amazon does here in the united states is a very strong e-commerce giant and even companies like tencent which provides the dominant social media platform of china, elon musk who now owns ex, formerly twitter and mark zuckerberg who leads meta which includes facebook, instagram and others, both of them have said that they look to tencent and what we chat has done for technical inspiration on new product ideas. so i want to emphasize again, china has some very strong, very competitive companies and the u.s. cannot afford to take its foot off the gas even for a second if we want to maintain our technological leadership. host: however let me was asked about deepseek during his confirmation hearing last weekend as part of a u.s. competitiveness when it comes to the ai space. i want to play a little of what he had to say and get your response. >> what this showed is that our export controls not backed by tariffs are like a whack a mole model where they get prevented over here and china figures out a way around it over there. we

apple is partnering with ali baba up 2. 3% 3% to develop ai features for the iphone. downgraded guggenheim, it is down more than that >> activist investor elliot building at stake in this oil refinery pushing for a spinoff of the midstream business. david: the tough talk is that, donald trump sending a clear message, and release the hostages. >> saturday at 12:00, all hell is going to break out. david: more on trump's ultimatum to hamas and the fbi uncovering thousands of jfk assassination documents as a result of trump's executive order. we will tell you what we know so far. we have some surprises in there. donald trump wants to make a deal with iran. >> can't allow them, two ways of stopping is them with bombs or with a written piece of paper and i would much rather do a deal. david: we will ask senator mark wayne mullen about that coming next. i'm thinking of updating my kitchen... —yeah? —yes! ...this year, we are finally updating our kitchen... ...doing subway tile in an ivory, or eggshell... —cream?... —maybe bone?... don't get me started on quartz. a big big is

planning to make an upgraded version of the ai chat bot because they are looking to fight back against ali babaho partnered with iphones in china and deep seek, shares up 4.7%. lauren: down on the forecast, their full year revenue below expectations down 11%, corporate budget tightening going on. david: honda. lauren: they ditched their merger talks with nissan which would have created one of the largest automakers in the world. the reality is still there. david: good to see you. give us the highlights of what is happening. >> group of protesters decided to interrupt one of the witnesses given their opening statement. they were tossed from that hearing and watch this has the chairman of the house foreign affairs committee fact checks them in real time because they were protesting for aids relief in africa but watch this. [chanting] [chanting] >> i guess these guys don't watch the news, they didn't realize this was one of the many programs that did prove to be lifesaving so funding was restored. david: this is the new trump way of removing rowdy folks from committees where they don't want to be.

for example, jack ma, one of the greatest entrepreneurs who started ali baba, he disappeared at one point for a while. it is like in this country suddenly jeff bezos disappearing and being quiet. he is not quiet these days, but just disappearing these people. i think we will put steve jobs in the cooler for a while. that happens in china. larry: the governor of south carolina disappeared. kara: right. [laughter] kara: so that is one of the issues. the other one is that, mark, absolutely, in an interview with me, he put out this xi ora media argument. we are the national champions. the chinese have run it. which is true. he said that to me and i go, i don't like the choice. i will take you up easily but it is like a bad date. i have to take the bad or worse. in the case of facebook, they are. they are information thieves. that is what they are. it is in a different interest from what is happening in china. i am concerned that we allow a foreign government -- the could not by cnn, cbs, the washington post, or anything else, so why should they be able to have -- larry: started showing cats p

walmart, ali baba, booking holdings and of course in economic data the fed minutes releasing wednesday all of this were going to do with the floor show. joining me i'm pleased to say slate stone wealth chief market strategist kenny polcari and interactive brokers senior economist josÉ torres. great to have both of you with me even though the market is closed we are open. start with me a broad picture, the s&p 500 that is close to where we are for records how are you gauging sentiment in the equity market? >> it feels a little bit tired to me we've been struggling with the 6100 range for a little bit unable to pierce through them we get economic data that starts to suggest that the consumer is taking a second look. with the strong end of the year end holiday shopping season i'm not necessarily surprised that we now see the consumer taking a breath or a step back, do i think it is the end i don't think it's the end but i do think the consumer is absolutely stressed-out and maxed out at the moment. taylor: josÉ, your thoughts on what is been arranged out as 6100? >> i think we need a litt

selloff in chinese companies because their big exported to us think about the stuff on amazon and ali babae buying so again they're getting hit harder than we are today. stuart: so for all the sectors everything is read about the automakers. >> i would guess a similar story gm talked about this last week they said they were in constant conversation with the president, i come with some facts, canada and mexico in 2024 gmm particular imported 3.6 million cars to the west that is 22% of the sales that is not small change are small potatoes. if we look at gm there downward and 5% on the day that's see the duration of this. stuart: i'm wondering about retailers we don't know if tariffs will be passed along to consumers and hurt the retailers. they're all in the red. >> retells the biggest margin business especially grocery stores which is separate than a traditional retailer like walmart, assuming they do not pass this on to consumers it would be hitting their margins if they can pass on some of the cost if there are any that go through long-term then customers would have to feel that. how much

for example, jack ma, one of the greatest entrepreneurs who started ali baba, he disappeared at one point for a while. it is like in this country suddenly jeff bezos disappearing and being quiet. he is not quiet these days, but just disappearing these people. i think we will put steve jobs in the cooler for a while. that happens in china. larry: the governor of south carolina disappeared. kara: right. [laughter] kara: so that is one of the issues. the other one is that, mark, absolutely, in an interview with me, he put out this xi ora media argument. we are the national champions. the chinese have run it. which is true. he said that to me and i go, i don't like the choice. i will take you up easily but it is like a bad date. i have to take the bad or worse. in the case of facebook, they are. they are information thieves. that is what they are. it is in a different interest from what is happening in china. i am concerned that we allow a foreign government -- the could not by cnn, cbs, the washington post, or anything else, so why should they be able to have -- larry: started showing cats p

ali baba which does a lot of e-commerce work analogous to what amazon does here in the united statesa very strong e-commerce giant and even companies like tencent which provides the dominant social media platform of china, elon musk who now owns ex, formerly twitter and mark zuckerberg who leads meta which includes facebook, instagram and others, both of them have said that they look to tencent and what we chat has done for technical inspiration on new product ideas. so i want to emphasize again, china has some very strong, very competitive companies and the u.s. cannot afford to take its foot off the gas even for a second if we want to maintain our technological leadership. host: however let me was asked about deepseek during his confirmation hearing last weekend as part of a u.s. competitiveness when it comes to the ai space. i want to play a little of what he had to say and get your response. >> what this showed is that our export controls not backed by tariffs are like a whack a mole model where they get prevented over here and china figures out a way around it over there. we've

ali baba which does a lot of e-commerce work analogous to what amazon does here in the united statesa very strong e-commerce giant and even companies like tencent which provides the dominant social media platform of china, elon musk who now owns ex, formerly twitter and mark zuckerberg who leads meta which includes facebook, instagram and others, both of them have said that they look to tencent and what we chat has done for technical inspiration on new product ideas. so i want to emphasize again, china has some very strong, very competitive companies and the u.s. cannot afford to take its foot off the gas even for a second if we want to maintain our technological leadership. host: however let me was asked about deepseek during his confirmation hearing last weekend as part of a u.s. competitiveness when it comes to the ai space. i want to play a little of what he had to say and get your response. >> what this showed is that our export controls not backed by tariffs are like a whack a mole model where they get prevented over here and china figures out a way around it over there. we've

a ali baba was his father. and he used to fly around around the country. and it was. but the thing.y dad had a blue van. but the thing is, white vans. why are they always. why are they cheaper? because they're white. why are they never coloured? >> yeah. i wonder, does this affect your insurance? >> i don't know, maybe. maybe it is. >> be a nightmare to keep clean. >> be a nightmare to keep clean. >> but those great big white range rovers, they're the ones i can't stand. they look like big washing machines, don't they? >> and range rovers. >> and range rovers. >> yeah. those great big, the big white ambulances. their big huge thing. but they do. they look like big washing machines. >> i just wouldn't buy a white car. yeah. keep it clean. >> would you not. no i've had i've had two white cars. i had a bmw white and i had a mercedes white car. yeah. >> and was it a nightmare to keep clean? >> no. >> no. >> that's a black car. >> that's a black car. >> it's harder to keep. >> it's harder to keep. >> clean, do you think? >> clean, do you think? >> yeah. >> yeah. that's >> yeah. that's tr