amex, of course, big, big, heavy moves in travel, right?ent for the second quarter at 67% of am ec's june -- amex's june 2019 level. record numbers of platinum card requests. and carnival cruises ready to take the post-pandemic travel party to the pacific northwest. but will that delta variant threaten your next trip on the high seas or perhaps the docks? ceo arnold donald joining "the claman countdown" in a fox business exclusive next. >>> but first, as we head into the break, we do have cryptocurrencies pulling back just a bit, litecoin, down about .75%. we do have bitcoin at 32,229 and ethereum punching new that 2,000 level and holding steady at 2,020. closing bell coming right up. don't go away. only 6% of us retail businesses have a black owner. that needs to change. so, i did something. i created a black business accelerator at amazon. and now we have a program that's dedicated to making tomorrow a better day for black businesses. ♪ ♪ i am tiffany. and this is just the beginning. ♪ ♪ time. it's relentless. we do everything but control

the canadian government provides on equal fed barrels public services for 1st nations, people and amex far harder to recover from the trauma residential schools. this generation of frustrations, kids goes into foster care 14 times to read of other kid more kids in the cares in a residential school. let's make sure this generation doesn't have to recover from their childhood. so that gives you some insight into what aliens are talking about right now regarding their residential schools and legacy. you can watch a full stream episode a stream, but out of 0 dot com. it has been a while since protest in columbia have made international news headlines. demonstrations began at the end of april in response to the government's plan to raise taxes. the tax plan with quickly dropped but protest this didn't go home. instead they expanded their list of demands to include major social reforms to during the live shot, the gas and i discussed some of the key demands and the government's response to them. after the ball cost. i also get to share one surprising story about the current protests in colum

thanks very much, amex give enough need of sta, sussex. let's join pauline at s marvelle. she's a spokes person for reporters without borders, joins me now from paris, by phone, by you could have you on, i'll just miss at this battle. just your reaction to news that we have just had here. apologise error that our bureau has been closed down by what seems to be the interior ministry and our staff are unable to communicate with us freely as to what the situation is like and what is going on in their location in the capital tunis. good morning and thank you for welcoming me. i think the most important thing is to say back to the stage a report with the border is a bit you didn't and looking at the situation and the potential attacks on press freedom in the country. as we said yesterday, evening after the by the president. yes, the security forces that form the 0 increase and we are looking carefully absolutely. situation. we denounced the move and we consider that the currently isn't of press and the freedom of the has, has to be respected by the authorities. that during the

and it those who are out of the benefits of a can amex, aside to look after the, after the government, not looking in the positive way or looking at the negative ways. because what, what i see occurring nowadays, does some subsidies done by government even now even today, they're discussing the continuity of this subsidies. well there's, there's a sorry, but not the horizon to open up the eyes of the people to say, well, this will be momentum and then we'll have jobs. so that's required. and i think also in terms of the economy, i would say maybe the government isn't too much confident. it says that the democracy capable by themselves to solve the situation. i have are more dollars about that. i think that taking that on the uniqueness of the brazilian society, well, if the government is not capable to well to, to behave as a lift to help people be difficult to recover. do you think that in countries like brazil and many other countries around the world, is it possible to implement long term plans of growth to help the people when you have immediate needs to resolve every day needs li

and so the end of it, i think a lot of people distinctly people in amex and then the next and governors are breathing a deep sigh of relief thinking. how did we get away with that? you know, you're saying sorry to jump in. you're saying basically, if you were to compare this, for example, to do the deep water horizon catastrophe of 2010. that was you're saying this pales in comparison. this is nothing as severe as what we've saw 11 years ago. it absolutely pales in comparison in terms of the environmental impacts. the league was closed off completely within 5 hours and didn't touch and environmental terms. if you're going to have a leak is nice, then this appears in the league nice and natural gas. it is actually much better in a way that it does catch fire, then the g. g is simply release students to the atmosphere because me thing is a very potent greenhouse gas over your time drives and this a few times more powerful than condo it. so in terms of climate change is actually much better. so it's a, it's addressing, it's a good thing as you say, that some of the chemicals have been allo

brought by state and local governments, which accused the companies of letting the painkillers reach amex through illegal channels out to zeros. gabe lives on the report from new york. robert canter was addicted to opioids for 3 years. it nearly killed him. all my relationships collapsed, my finances, clap, my health, everything on wednesday faced with mounting law suits. johnson and johnson, the largest maker of prescription opioids, plus 3 other of the largest distributors, agreed to a proposed $26000000000.00 settlement announced by coalition of state attorneys general. today's actions sends a message to drug distributors and pharmaceutical companies. we simply will not accept this type of behavior opioids or a class of drugs naturally found in opium. poppy plants that are then used in illegal st. drugs like heroine, but also in some prescription medicines, like highly addictive painkillers, such as oxy, cotton and bacon and fat. no. he synthetic opioid as much as $100.00 times more potent than morphine. america in the middle of an opioid epidemic. a half 1000000 people died from opioi

we were talking about classical economics versus near possibly can amex and near classical economics gets taken to the wood shed. i would say by steve cain, the fact is that they try to explain all the inequality and nonsense that we have in our current system after the fact. and as you point out, none of their studies include money. now i want to give another analogy here. you know, when i was a kid, a christmas tree under the christmas tree would be a cool toys. then i would rip open the package and i'm like, oh wow, this is a cool joy. and then i look at the package and it says, batteries not included. and i my, oh man, i need a battery. now isn't this kind of similar because here's a model. let the neo classical economists give us. it looks really pretty. but money's not included, batteries, not included, it doesn't run state game. absolutely. like when the model, like everything else is a pair of intersecting curves, supply and demand. they tend to draw the money, supplies a vertical line and say that's under the control of the government. so the government sets a certain quanti

amex very much in the -- leaving visa the company that has the most sway in the country itself.ck at credit suisse's efforts to -- grab a share of china's ipo market. a company that had a lot of trials and tribulations especially on the risk side of things. hitting the bottom line there. a new risk officer,too. yvonne: quite a shakeup in the senior management. let's do a quick check of headlines. credit suisse has tapped david -- to become its wrist chief. the shakeup comes as the lender tries to move past a multimillion dollar scandal. we're told the goldman partner will secede lara warner. she stepped down as the firm lost $5.5 billion on a collapse. -- sec second-quarte earnin gs after a surge in server demand. chip been rising as manufacturers stockpile in anticipation of the supply scarcities. worry that chip makers may overshoot their expansion. tesla looked at this delivery outlook after reporting is second-quarter earnings beat. it posted a record profit of 1.1 billion dollars, marking its eighth straight quarter in the black. operating income surged. on the model 3 seda

shares of amex at a record revenue in the quarter neil came in at $10.25 billion.d domestic travel spending has reached 98% of i'm not going to give you the 2020 level it's an easy beat as you discussed, 98% of pre- pandemic 2019 levels and one reason that travel is so big is because the airlines are busy. american airlines hiring 1,300 pilots by the end of next year, betting that that travel recovery that we're seeing lasts and they are hoping the business traveler returns. american says that revenue from domestic business travel has climbed to about 45% of 2019 levels so we still have a ways to go. royal caribbean, they'vevery set sail for alaska, the serenade of the seas, the first big cruise ship to return to alaska in almost two years. huge deal for alaska cruising brings them about $3 billion a year and 97% of the people on that ship fully vaccinated. you mentioned this , neil. italy now joins france starting august 6 you need to have a health pass if you want to go to a bar, restaurant, swimming pool , gym, concert, museum, what have you. the government want

jonathan: amex with numbers right now. upside surprise, 10.4 billion revenue. the numbers yesterday afternoon just as good. taylor: unbelievable. k km partners says snap defies gravity, it is a beat and a raise. twitter follows at a slower pace. snap saying it has been set up for a decade-long cycle. jonathan: fast forward to tuesday. apple, microsoft on deck. big tech, big earnings kickoff. tom: bloomberg intelligence walks through the revenue dynamics of microsoft. this is a small company out of washington. they say simply the fourth-quarter revenue mix, if you will, and above consensus view on that. jonathan: that stock year-to-date has absolutely flown to the moon, up almost 30% , on course for a tense consecutive year of gains. what a turnaround of that company. tom: let's review. i think it is a good point to stop here. the big missed call so far this year has been nasdaq is dead, it's over, it's done. i don't know, when was it, six weeks ago? like a switch, it went off. jonathan: all-time highs coming into the session. the s&p up 21, advancing 0.5%. we w

bingo, what a fantastic entry point or trade and that's how you can make money almost immediately with amex finishing up 2 bucks but you got it down here at the discount then the backs of these two, juicy, two in the dow, jpmorgan and goldman sachs. they are day trades because they're about to report earnings and not confident in the numbers to justify holding them. but, man, goldman was down 4 early, okay, look at this. look at this rallied to up 12, ring the register, right? that's what i suggested -- ring the register jpmorgan gets -- all of these thinly traded futures and jpmorgan gets banged down 2 bucks at the open. if you bought it there you're up 5 almost instantly ca-ching, ca-ching, the pattern has been with us for months and each time it fools people. that's why i'm going through it so granularly, don't be misled by the downward pull of the futures. ulysses, put yourself on the mask, wrap yourself if you have the courage of your bullish traditions these are a gift. why does this method work? because i don't take my cue from the action like i said you need your own world view, one

waiting for the corporate amex to be used on that one and see what the boss has to say.se billionaires are being patrons, if you like, of exploration. pretty much as we saw in the 15th, 16th and 17th century. so you have elon musk pushing forward with the way he's heading. collectively, you can't see it as an individual bit. you have to put it collectively. but what they are doing is laying the ground work for future involvement of space across a range of issues. now, the fact they choose to use their egos and go up themselves is a different matter. the fact is they are the patrons of exploration into space in the 21st century. >> and the on space tourism, what do you see as the potential for innovation here. yeah. is this a rocket boost or an ego boost? >> so i'm going to have to agree with richard a little bit. the patrons of space exploration have been the taxpayers and the government that laid the foundation for the road that's already being built. so i see this as a continuation of the road. when you looked at this mission, didn't it feel very nasa-esque to you, rig

this point goldman sachs recommended it until buyers realized there was no need to change because amex-w would get dragged done gol goldman sachs or the rest or aditi asides from being the same etfs we know that because we had them on the show, remember when its ceo steve spoke to us in brooklyn he said business is extraordinarily strong just small or medium size enterprises. imagine what happens when international travel comes back. instead it barely budged in a bunch of financial etfs that got dragged down as they were hammered by the fiasco. think of stocks as textbook examples of what you can buy on a down day the crucial part i left out, you can't buy them all alt once. when i bought amazon stock after trump bashed it then he did the same thing again the next day i was fine because i left room to buy more at lower levels. it's not because i'm clairvoyant, i didn't know amazon would get hit again, i left room because i know i'm only human the people in my twitter mentions column think i'm more than that but i'm not. when people buy stocks we almost never nail the timing. when you buy

it is boeing, it is dow inc., it is amex, goldman sachs, jpmorgan, travelers. those aren't tech stocks and it seems like a lot of financials, maybe some interest rate sensitivity. there are two separate narratives it seems going on i'm not sure how much of it is a growth scare in general or fears about the future just in general and how much of it is a reaction to either covid or interest rates. >> yeah, well, again, i don't think it is just one factor. i think it is a number of different things certainly some of the big banks are going to take it on the chin when you see rates moving lower and that yield curve flattening. again, some signaling in the market that the fed will make a policy mistake or we might have premature end to the cycle we still like banks and some of those more value oriented cyclical parts of the market that we do expect to do better as interest rates move higher. it is so hard to imagine that, you know, many including ourselves are expecting somewhere around 2% on the ten-year by the end of the year. i don't know that there is any shot o

the company's results were boosted by increased spending on travel and entertainment amex saw strong 1.3% off 9 back of that jonathan, are you encouraged by this one in terms of the implications for consumer spend in the economy >> well, you know, we highlight this in a note out this morning, that, you know, up until this announcement, the credit card companies were beating expectations by 55%. that is just an unbelievable number so, you know, we think the space will continue to be strong it's almost beating by twice as much as the banks, and the banks are doing great. we love the financial space. it's the credit card companies, and you're right, the consumer is part of it, but it's a bunch of things working in the same direction. >> on monday, we thought we were selling off, we thought the market had peaked, and on friday afternoon we will close with three record all-time closings quite an extraordinary turnaround week to day, the dow is up a percent, the nasdaq up nearly 3%, all higher today, and they're all going to close in record territory the s&p is up 1%, dow up 0.6%, and only

. >> amex, you've been all over the credit card names. >> what does that say about the variant? doesn't it say that the variant's not going to play a role or we have a situation where dr. gottlieb is going to be right i spent some time with american express. i don't know if you know this fellow, mr. squeri, he is different. he is of and by the people, small and medium-sized business. they are doing incredible things the millennials love the card. gen x loves the card it's almost as if i want to show the card i've made it. that's incredible. we're back to that era it's not don't leave home without it now the commercials are very compelling you've got a business card and a regular card i salute him he has been -- he's taken that company to another level. >> yeah. and once international reopens, it's going to be a different story, although there was a piece out this morning out of reuters that the white house will keep existing travel restrictions in place for now because of the concerns about the delta variant. >> do you think that the uk is going to be the forerunner i do think t

pre-market >>> a lot to choose from not just about the travel side but business spending, you could see amexo far this week, there has been an interesting move so far with what's led to the overall move off the lows the s&p 500 discretionary sector has done a lot of heavy lifting. utilities is the worst performing sector giving you the idea of that move. the reopening growth and a little less away from the defensive paying those utilities. looking at one hot part of the market with that sector, it has been cloud commuting the ticker clou this move higher with stocks and z scaler goes to show you when there has been a discount, they've stepped in on those plays to see if that theme continues as well. some of those stocks that came out after those earnings we are talking snap, parent company of snap chat and twitter. driving big gains in snap, up 17%. it is having a carryover effect. looking at pintrest. facebook and pintrest going along for the ride this morning too. >> we just spoke with the ceo of nucor talking about the higher pricing for steel coming through doesn't see demand for that. c