along with our own kristina partsinevelos. istina, i want to start with you on fears of contagion and how bad it could potentially get. outline the fear in the markets? >> why we have a big story pushing markets down, overall exposure to europe is relatively high for certain country, france, italy, spain the european central bank said not as critical as previous situations let's say greece when we saw that trickle across all global markets when their economy was struggling but the biggest concern is the u.s. dollar climbing higher. trish: u.s. dollar sitting at one-year high now. >> there is some comment i heard off the record, not off the record, somebody didn't want to be named, if it hits $7, versus turkish lira, turkish banks could be insolvent. trish: when we talk about contagion it is about banking. a banking crisis is a lot harder to fight, shall we say, james, than any challenge in the economy overall. banking crisis that is problematic as we saw in '08. we saw certainly with concerns about the european debt crisis. are

kristina partsinevelos has more. lower because there's reports now that elon musk's board of directors and security exchange commission could meet next week. that's what we're seeing on the share price. overall, a lot of drama because elon musk tweeted out that he wants to take the company private at $420 a share and he has funding secured. he said that $420 miles an hour has nothing to do with a marijuana reference. he said that when he was on the way to the airport when he did it. he didn't notify the board before sending the tweet but it created a lot of chaos because the stock prices dropped. people wonder where he's going to get the funding. like you mentioned, the interview with "the new york times" showing how he's struggling working 120 hours during the week, sleeping on the factory floor, taking marijuana, ambient the help him sleep. he's had an excruciating year. musk says he doesn't plan to step down. >> and what makes the tweet such a big deal? >> the big deal is it really about trying to secure funding or

kristina partsinevelos joins us live now. 's are short term policies that have been around awhile. you can have them for a year and then you can renew them every year for up to three years. so it sounds great. an alternative for the affordable care act, president trump said he wants to provide a cheaper option to the affordable care act. but there are some differences. there are differences. what are you getting with the short term policy? that does not cover a lot of aspects that the affordable care act covers like mental health, prescription drugs. you can't automatically get it every year. you have to apply for it. you can't apply for federal subsidies. if you're sick or any pre-existing medical conditions, then you may most likely will not be eligible for the short term plan. it could be costly and should you become sick when you're on the plan. let's say you get diagnosed with cancer. you could be hit with high costs. the plan will be cheaper the affordable care act is $393. the short term policy is cheaper, around $124.

our own kristina partsinevelos is outside the office of the u.s. trade representative in d.c. with the latest. can't wait to hear what they will say if anything, kristina. reporter: yeah, it's a big waiting game, cheryl at this point. we did have u.s. officials tell fox right now there is no deal with china. we know it is lower level. overall the united states has imposed tariffs on $50 billion worth of chinese goods entering the country. there is talks of about 200 billion more. you had the president weigh in this morning to reporters saying we should stop focusing on russia and focus more on china, the outcome there, the dynamics there. although a deal has not been made yet with china, the united states has said they're engaging but what does that mean for you? if you're sitting at home wondering what will that mean for your pocketbook, especially increasing tariffs on $200 billion worth of goods? think of that down jacket you maybe need in the winter time. those feathers come from china, a lot of those feathers. that is one example where you could see things go up. same thin

i'm kristina partsinevelos, in for melissa francis. >> i'm david asman.hing history in the making. anything could happen next hour. "after the bell" continues. here is what else we're covering for you in a very busy news-making hour. a u.s.-canada trade deal on the brink although the u.s. trade rep saying there still be a time for a deal. meetings will resume on wees

i'm kristina partsinevelos, in for melissa francis. >> i'm david asman. you're watching history in the making. anything could happen next hour. "after the bell" continues. here is what else we're covering for you in a very busy news-making hour. a u.s.-canada trade deal on the brink although the u.s. trade rep saying there still be a time for a deal. meetings will resume on wednesday. the president's leaked off the record comments may have thrown a monkey wrench into the last-minute negotiations. the very latest what happens now with an agreement between the u.s. and mexico. we'll be hearing from the canadian foreign minister. she will be holding a news conference at 4:30 p.m. eastern time. that is half hour from now. we will take you there live. forbes media chairman steve forbes among our guests this hour. amid all the trade talk, president trump in charlotte, north carolina, signing an executive order to help small business employees save for retirement. linda mcmahon will give us details on the new initiative for american workers coming up. kristna: t

kristina partsinevelos has the story. dimmick at 732 magnitude earthquake in lombard.f injured and thousands displaced as tourists leave the popular island. the death toll expected to rise as they expand their efforts. they can't get a break because that area but still recovering from a deadly six-point where magnitude earthquake that hit last week. goldman sachs said to name a cohead of his training operation. "wall street journal" says he will be passed for the position. months of leadership uncertainty in goldman's largest division. goldman's incoming ceo reportedly could make an announcement this morning. shares of goldman sachs are down 8% this year. finally, it tom cruise in winnie the pooh battle for first place at the weekend box office. >> how many times has the government betrayed him? how long before a man like that. >> tom cruise came out on top. hanging onto the number one spot for the second week in a robe raking in an estimated $35 million. meanwhile, disney's christopher robbins fell short of expert patients earning $25 million in its opening weekend. t

mike gunsleman is here with us and kristina partsinevelos. kristina, what happened now?s an offer tempt you to go? >> $9.95 for three movies and only in the first two weeks of showing? no. >> neil: really? >> no. you look at the cost in big cities like new york, it's $15 a ticket, it makes it worth while. >> i think people -- there was a lot of demand for this app, which is why it did well in the beginning. the thing is, they kept changing the policy and structure. it was a good idea and now it can't sustain itself. >> it was almost too good to true. >> yeah. >> now you can't see certain movies. you have to pay more to see them. why would i bother with it to begin with? >> neil: i think it was to suck people in. it worked. they got millions of subscribers. then the problems began and they didn't have the ability to keep with it and they had reverse stocks to the point that it got crazy. >> the shift was $166 and now it's 4.17 today. >> neil: that's true. under a nickel. >> and they're paying out millions and millions to movie theaters for people paying $9 -- people were

kristina partsinevelos is here with me on set.eet journal" chief economics correspondent, jon hilsenrath. >> great to be here. cheryl: jon, you know the fed. you've been covering it for years. out of the ordinary for a president to comment on publicly or privately for a fed's decisions. >> we haven't seen that for quarter of a century, lipped done johnson, george h.w. bush. there was conflict between the president, white house and the fed. since clinton, the policy has been keep your hands on what the central bank and act independently. what president trump has been doing on twitter several weeks ago, more recently at the hampton's fund-raiser is start to question what jay powell is doing. he is worried that the fed by raising short-term interest rates is going to slow down an economy going pretty fast right now. and, this frustration, what we're hearing is really building in the president' eyes. cheryl: interesting you're hearing that as well. kristina, this bull market, nine years,. does the president really have a point, rate h

kristina partsinevelos is in the newsroom to tell us what this is all about. kristina. >> so much to talk about with this company and elon musk. i will get to the rapper in a second. i want to focus on a three-person committee that was formed. there are complaints they are not very independent much like the board. why? one member of the three-person committee, his name is brad buss, he was the former cfo of solarcity. solarcity you may recall elon musk bought two years ago 2.$6 billion, much to the dismay of a lot of investors. that is raising on eyes. this three-person committee. they have to raise feasibility, whether the company can actually go private. they have to do this without having any details or full proposal from elon musk because elon musk has not officially secured funding despite the fact he said so, he has not provided any details yet. he said on monday that was too premature to do so. this comes after mr. musk tweeted last week that he would take the company private at $420 a share. you saw the stock price jump up and plummet. there has been a

let's find out or try to with kristina partsinevelos, down in d.c. outside of the trade rep 's office. what are we hearing, kristina. reporter: exactly. there is conflicting reports. no one seems to be on the same page when it comes to the actual deadline. the economy minister of mexico came down the stars, ran into his car and i asked him, will it be today, tomorrow, next week. he is not giving official statement. but he is optimistic about the situation. you also had the future nafta negotiator, he will be as of december 1st under the new president, he told reporters in a scrum over here, if anything they're not in a rush to get this deal done. but he did say in the same context the deal needs to be done by the end of next week. you see how there is going back and forth between what the actual end date will be, but it does seem like mexico is very optimistic about this closing in. i asked specifically about the sunset clause. that means whether they have to renegotiate every five years. canada and mexico have voiced both their opinions against that.

kristina partsinevelos has the latest on this one. kristina? reporter: that is true. the note came out today from elon musk himself to all tesla shareholders saying yes, we are going through with this private secured funding and the source like you said is going to be the saudi sovereign wealth fund. a sovereign wealth fund is an investment fund operated by the government of saudi, saudi arabia. what elon musk did say was saudi arabia, this sovereign wealth fund, those involved with it, reached out multiple times over the course of two years to take the company private. on july 31st they had a very important meeting where musk walked out of the meeting, was very confident he would get the funding, why he put forth the tweet last week saying he secured funding and he will take the company private at $420. however nobody confirmed that from the saudi point. "wall street journal" is saying they're considering increasing their stake which is around 5% right now. elon musk is very confident that should the company go private, he believes about 2/3 of shareholders will stay

our own kristina partsinevelos outside the u.s. trade representative's office. kristina. reporter: you have a delegate, nafta negotiator from mexico. he was very smiling very optimistic. i asked him specifically, what is going on? do they have a deal? he said they should have something next few days, possibly monday. he did preface that mexico is in no rush. according to what the media is sayings mexico will not rush to get the deal done. i asked him about the sunset clause, whether the deal should end in five years and be renegotiated. he said that is still on the table but he believes some news will come about within the next few days. he also said that canada doesn't need to be waiting on the sidelines. he believes that canada should be part of the negotiations from the get-go, not a bilateral agreement, bringing canned at that into the mix. this all just happened right now. he said he is leaving washington but several other mexican delegates will be staying here. so you have reporters standing behind pe. we're expecting possibly more people to come out to discuss mexi

kristina partsinevelos take it away. david: big day for our country.hose word from president trump. he moves closer to another campaign promise. scrapping nafta, with a new mexican trade deal. wall street celebrating as the dow surging 258 points at the close. all major averages ending in the green. with the s&p, nasdaq, russell 2000, brand new record highs. i'm david asman. hello. chris tina. >> i'm kristina partsineveloss. waiting for the con fet at that on the screen. i'm in for melissa f

kristina partsinevelos take it away. david: big day for our country. those word from president trump. he moves closer to another campaign promise. scrapping nafta, with a new mexican trade deal. wall street celebrating as the dow surging 258 points at the close. all major averages ending in the green. with the s&p, nasdaq, russell 2000, brand new record highs. i'm david asman. hello. chris tina. >> i'm kristina partsineveloss. waiting for the con fet at that on the screen. i'm in for melissa francis. first let's go straight to the stock exchange with our own nicole petallides standing buy to break it down. as you look at all the various sectors climbing 1% higher. definitely broadening across the markets, right nicole? >> you're seeing records across the board. the s&p, the nasdaq, the russell. all-time record highs. we should also note the move that we've seen for the dow jones industrial average, now is out of correction territory. it has been in that since february 8th. we're seeing the 26,000 mark today. we have hats, another round of hats, celebra

right now with reaction, manhattan institute senior fellow steve malanga along with our own kristina partsinevelost the white house right now. steve, i liked the jobs report. i like we added 157,000 jobs. we're continuing to on great trajectory. 3.9% employment, nothing to be concerned about there, wages, when does the wage growth happen? >> here is part is what is happening. we had fewer and fewer people in the labor force in over the years. decline in labor participation rate, now the economy is so good, one of the thing happening right now, people who weren't even in the labor force, who weren't working are being gradually attracted back into the labor force. that will hold down wage growth right now. but it's a good thing to have a greater labor participation rate of all americans. that is actually a positive. trish: it will work its way through to a certain extent? >> exactly. trish: christina, your reaction to the jobs report today. we did not get as many jobs as we expected and yet, 157 is not bad. if you look at average since the tax cuts, the average is 212 per month. it is lower than 190

i'm kristina partsinevelos, filling in for melissa francis. ashley: i'm ashley webster this is "after the bell." more on big market movers, here is what else we cover on very busy day and hour. president trump and first lady landing in ohio where they attend the state republican party dinner. they will tour a neonatal care unit. a look at nation's opioid crisis. we're keeping close eye on hurricane lane, triggering dangerous landslides and massive flooding. we're live on the ground in honolulu with latest on the storm. >>> secretary of state mike pompeo no longer going to north korea next week. the president asking him, stay home. could trade tensions between china part of that reason that is happening? we'll get into it. we'll hear what steve forbes has to say coming up. >> we head back to the markets. it's a big day. all major averages ending in the green. kristina: we go to nicole petallides at nicety. >> traders were waiting to hear from him at jackson hole. they got a very dovish fed head. with that the markets moved into the upside. the

here to weigh in our own kristina partsinevelos, bellpointe chief strategist david nelson. it is great to have you both here. let's kick it off with china, kristina. all these public hearings are being held under lighthizer. are saying don't do this with the chinese, don't proceed with 200 billion. you will attack everything from cradles to coffins. president says he will still do it. >> he will still do it. he said recently he is in the it for the long term. a lot of argument they can do it for long term because the president has a long term because there is no end to his term. we need to think about once you start shifting products locally, means local producers will take advantage to increase their prices. you're getting hit by double-whammy. local consumers and getting hit by the tax on chinese goods. it is unfortunate when you say, the united states right now is in stronger position. yes, chinese markets are getting hit but it is not a zero-sum game. this is going to possibly change the markets in the future. this is going to hurt the economy as it blows out to be much

kristina partsinevelos is live in the newsroom to give us details. this is quite a read, kristina. >> this was personal read, trying to go for the sympathy card, working 120 hours a week, sleeping on the floor, taking ambien, one. most difficult times of his life and a very, very tough year. we're seeing reaction when the article came out. the stock dropped, closing like you said 9% lower, there are also reports that tesla, elon musk, tesla's board is set to possibly meet as early as next week with the securities & exchange commission. why are they meeting? i'm sure a lot of our viewers know this story already but elon musk tweeted out he is taking the company private at $420. they want to look into whether there was any market manipulation with that particular tweet. we did, going back to the article of elon musk coming clean and just sharing all of his emotions in "the new york times" thing, he did talk about the future. people have said maybe it is time for elon musk to step down, considering he not only runs tesla, solarcity, and many other compan

i'm kristina partsinevelos, filling in for melissa francis. i'm ashley webster this is "after the bell." more on big market movers, here is what else we

kristina partsinevelos joining us from the newsroom. there are some breaking developments on this story. tell us about it. >> correct, yesterday elon musk tweeted out to 22 million people he secured funding. the sec responded across the wires just moments ago they are now questioning tesla. they're questioning that statement and asking questions whether it's true or not. they're also looking into why elon musk chose to tweet it out first because historically companies usually put out press releases if they will go public. that is usually the way. the stock actually dropped 3% right away when the sec came out with that information this afternoon just moments ago. now you're seeing it even lower. yesterday it was all about timing. just after 12 "the financial times" announced that saudi arabia increased its stake in tesla. that is a vote of confidence. a few hours later you had elon musk tweeted out he wants to take the company private at $420. that is when you saw the huge spike. then the trade halted. it pretty much ended the day 11% hi

kristina partsinevelos live from the newsroom with the latest. >> yeah, there was recent survey sent privately to the suppliers by the automotive suppliers association. this is coming out on the dow jones. 18 out of 22 suppliers asked, said tesla is financial risk to their companies. there are some complained they have not been paid. others have even stretched out payments or asked for cash-backs and rebates. however i point out these suppliers are a small portion of the entire group of suppliers that contribute to tesla vehicles. also coming on the wire, cash fell to $1.69 billion in the first six weeks of third quarter. musk promised he will improve cash for the third quarter. let's go on with other news we're seeing with tesla throughout the day. one entrepreneur from another, arianna huffington telling musk you need to get some rest, musk saying i'm not buying it. huffington said on her wellness blog a few hours after "the new york times" article came out, elon the future of tesla depends on coming up with your masterpiece. it doesn't depend how many hours you're awake. you remem

reaction kristina partsinevelos. >> dishonest? how it is dishonest. saying an actual quote. ashley: it was off the record, privately said to bloomberg. apparently how on earth does toronto star get it? where does that come from? someone in the room leaks it out. >> of course somebody gave it. ashley: he is told, don't worry, mr. president off the record. he says it. next thing you know it appears all across the media. >> i can understand that perspective you can't trust it is off the record. they're arguing there were several people in the room. that, he purposely said that so that canada knows that the president -- ashley: conspiracy theory. you wanted canada to know they had no choice. >> it was just another blip in these negotiations. there are still contentious issues. you have supply management, dairy farmers, chapter 19 which some people have spoken about. ashley: it is dispute resolution issue. >> exactly. ashley: but, to mr. trump's off the record comments point, he says, look, canada really has no choice. i know that is not someone you say to who you're negotiating

joining me with more reaction, "bullseye brief" publisher and founder adam johnson and our own kristina partsinevelos and moody's mark zandi. been a while. good to see you. >> trish, good to see you. it has been a while. trish: so they're staying the course here. will they continue on the path with two more rate hikes given concerns about trade right now, which they did not fully articulate? >> yeah. they have a script. two rate hikes this year. two more rate hikes this year. 3 or 4 more next time a quarter point each time. inflation falling close to target, stock market doing as well as it is i think they stick to the script. trade could derail them but you have to take a pretty dark path for them to actually change the script that they're on. trish: mark, is it the right move? do they need to raise rates in this environment given we are seeing a lot, a lot of promising numbers on the economic front? >> absolutely. you know, given all the fiscal stimulus, tax cuts, deficit financing, increases in government spending, growth will be strong. will push unemployment in the low 3s. only been two times in

let's go to kristina partsinevelos with the numbers. looks like it's going up after-hours. reporter: you are seeing revenue come in higher at $4 billion versus expected 3.92 billion. you are seeing earnings per share at a larger loss, a loss of $3.06 per share, higher than what was expected at $2.92. seeing it climb higher. why? because you have tesla saying they aim to be able to produce 6,000 model 3 vehicles by late august. that's a huge jump. in the last seven days of the quarter, they hit the 5,000 mark, now going more. i don't know how many nights he has to sleep on the factory floor down there, but what we're seeing too is a total loss second quarter of 742.7 million dvment . that was a big concern, they did lay off staff within the last quarter, working overdrive to get the model 3 out. so as you're seeing on the screen and we'll have more shortly, a loss of $3.06 a share on 4 billion of revenue. david: as you can see, the stock has come down quite a bit. melissa: ridiculous. david: the word of the moment is erratic. the exact word when you are describing anything w

. -- kristina partsinevelos. and scott martin from changes view asette management.ood to see you both. china's economy if it dips, we're seeing it dip this morn, that is might be more of a problem than the turkish issue. >> turkey their market has been dipping somewhat. if you haven't been paying attention china is falling apart the last few months. look at action central bank takes to stimulate things this is with 7% growth. goes to show you there may be underlying worries in obviously one of the fastest growing economies in the world. so that is a concern. i think it is turkey. turkey tends to be just an excuse, trish, because if you look again behind the scenes you have maybe some doubt about the midterm elections, about the house flipping over and the dollar strength too. 50% of s&p earnings, my friend come from overseas. those get repatriated back into dollars. those hurt earnings. trish: that makes sense. christina, are people looking for a reason to sell here or should they be worried about some systemic problem a la what we saw with the european debt crisis?

we're joined by kristina partsinevelos, moody's chief economist, john lonski, and with us brandywine portfolio manager jack mcintyre. want to get to all sorts of top i cans with the three of you with tesla. john lonski, react to kevin hassett about the economic growth and the sustainability about the boom we're in, what do you think? >> he is right. growth in the third quarter will be above 3%. may not quite make it to 4% i think we'll continue to see jobs creation proceed at a healthy pace. that will lend important support to consumer spending telling me going forward we're more likely to get upside surprises with retail sales and consumer spending as opposed to opposite. connell: in the mid of all this, kristina, that tesla stock price is really getting hammered. it is down by your screen 9%. remarkable interview elon musk gave to the "new york times." later in the show we'll get some of the details, emotion of the interview, all this kind of thing that elon musk talked about, from the ambien to everything, back and forth. to me the most important thing financially, that tweet he p

that, too why -- >> retaliatory -- >> the conversation. >> [laughter] >> good to see you kristina partsinevelos floor of new york stock exchange looking at diagram yesterday whether or not similar you drama today. >> it was unbelievable we stood here saw tweet stock halted 208. traders appalled couldn't understand how elon musk could come without that type of tweet on social media, and saying 420 dollars, i mean they thought this was the carriage ahead of the horse, they didn't believe necessarily -- the first the question was is this at a bluff? the question whether or not ep has funding that secured statement, is the one that really brings that those legals ramifications if it is not true the talk here, was that the banks were closest to tesla didn't know anything about a buyout, so it is very interesting, we did see stock yesterday surge after-hours started to sell off down % i was talking to mableda expert yesterday talking about 28% float on shorts that it is absolutely huge they lost 1.3 billion, we will continue to lose if this continues to move up, only inspires of tesla will know if it

maria: we will follow that, kristina partsinevelos, james freeman and huckabee., august 9th, dog days of summer, not if you're an investor, all the major indicators are close to all-time record highs, we have a summer rally, you should really check your 401(k), that should put a smile on your face, since february democrats talked impeachment but the yield curb predicted recession. ashley: me too. stuart: apple reached a trillion dollar valuation, amazon is coming close and big tech continued its surge as of

fox business network kristina partsinevelos is here right now. >> a market cap of a trillion dollars. been waiting for this. >> people that hold the shares. i don't know if the average person cares. they may have it in their pension plans. the strength of apple going forward -- they're moving away from an iphone and toward services. that's their bread and butter and where you saw the largest increase. what are services? apple pay, apple music, apple cloud. >> sandra: is this the first trillion dollar company ever? unbelievable. unreal. the question is, is it sustainable? can the company keep growing at that pace? >> why not? they are shifting their thoughts or their whole program, their business towards services. that's a huge avenue. they will continue to innovate. is amazon going to creep up there? >> bill: probably in time. i just think the smartphone whether it's apple or samsung has become an indispensable part of our lives. >> how often will we change it? will we buy new phones and shift to cheaper versions. what else can you add to this phone to make it better for us? >> sandra

charlie gasparino is here along with kristina partsinevelos covering the story and dan shaffer, welcomeou've been on this kristina. we'll start with you. as harvey said, there are a number of, on the timing of the tweet that have been raised for elon musk. the timeing? >> it came a few hours after the "financial times" announced saudi the wealth fund got in on the stock. that's a huge vote of confidence. i think, this is based off people i've spoken, to the vote of confidence elon musk needs he can raise the money. big question is and we can discuss it right now where is the extra fund going come from in order for the company to be private. connell: he used the term funding secured. >> and think about what harvey is saying here, not quite saying that. what he's saying is look at the way the story developed yesterday. stock is trading flat. there was a leak to the "financial times" that they got the saudis in 3-5% of the company. stock goes up a little bit. who leaks that story? and the next thing where he comes out and minutes later after that story was leaked, he came out and said i'm

tech analyst and also fox business's kristina partsinevelos how far the government goes. you think, kristina? what are you hearing? >> what am i hearing? a constant debate everyone is having at the moment. i don't believe the government needs to step in but a needs to be a body. zuckerberg says it is inevitable regulation will come. do we let them do it? no. i don't necessarily think the right way. they took down police brutality videos a while back. there was huge backlash because of violence in the videos. there is a very, very thin line, with pornography, do you take down images of breast cancer survivors or women breast feeding because the breasts are on the air? i do believe there needs to be a body but not necessarily the government. neil: i look at iting a no, sir i cannily because i feel there is more zeal to take down conservative sites over liberal. i'm that is my bias, i'm cognizant of it, i police and watch it, but they almost can't help themselves. conservatives who feel they're being hosed by social media giants, where is their relief? >> well i think you rem

fox business's kristina partsinevelos at the white house.hank you, yes, russia meddling continues and white house wants america to know that they are paying attention. the space behind me was packed with security officials, including director of national intelligence, dan coats. dan coats was asked about the meeting in president putin in helsinki. he admitted he didn't have the full details of that meeting but he did weigh in on russian meddling. >> we acknowledge the threat is real, it is continuing, we're doing everything we can to have a legitimate selection that the american people can have trust in -- election. reporter: meanwhile, yesterday the president spoke at a rally in pennsylvania and also weighed in on his meeting with president putin. >> in helsinki i had a great meeting with putin. we discussed everything. we got along really well. by the way, that's a good thing, not a bad thing. that's a really good thing. now we're being hindered by the russian hoax. it's a hoax, okay? >> it has been confirmed that the russia did meddle in

neil: kristina partsinevelos coming thank you very much.to know what is going on on the sun? so close to the almost landed on the sun. in seven years that is going to be within a little over a million miles of the center of our solar system. try to find out some stuff. former astronaut tom jones. what is this going to do? >> it's a solar probe and the job is to get closer than any spacecraft has been to the sun and try to unlock the secret of how the upper atmosphere, the corona come in the part you can see during the solar eclipse is 2 million degrees hot and we don't know how the sun service at 11,000 degrees can hit something about it or should eat getting cooler to a much higher temperature and it forms the solar wind which streams by the earth and actually interacts with her global geomagnetic field. we get over a 10 power outages and a crippling zoeller's dorm from the heating mechanism making its way up a layout to earth here it is important to understand physics that we can predict these in the future. neil: i know when it gets ther

"wall street journal" editorial editor, bill mcgurn and fox business's kristina partsinevelos.this that the president has to move carefully here. what do you think? >> look the mexican minister says the best part it removes uncertainty. of the president trump threatened to blow up nafta. people are happy it is not blown up. because they are happy about that because they would accept some parts of that that they would not accept in principle. for example, the new figures for the message of domestic content for a car. we're pretty much unreagain rat free traders. i don't really liked planninged part of the deal. in europe -- neil: you said this is worse, the editorial says this is worse than what we have? >> look in europe the president is pursuing the policy right one on cars. our ideal world they have zero tariffs on our stuff and they have zero tariffs on their stuff. in mexico it seems to be a little bit different. we want to negotiate a form ma for managed trade. we're not managed trade folks. neil: right? you disagree? >> well, i think something is going on here the elites

kristina partsinevelos has the latest.is a huge jump. >> this is huge jump but the jump actually occurred after the conference call and during the conference call. why? first thing elon musk apologized for his behavior on the conference call. he called one analyst as question a bonehead question. other questions were boring. analysts rewarded him for the comment, sole his shares. you saw the shares plunge after last earnings call. however this time around he apologized, which is big thing for the very proud man. the other thing, tesla said q3, the next quarter they will turn a profit. you can look on the flip side say that tesla is focusing too much on the future how they can turn a profit, but they're not focusing in on this quarter's earnings which came in at a loss earnings per share came in higher than expected but seven quarters in a row on losses. i want to get in on the deliveries we keep talking about, the model. 3, how much they will produce. look at q2 deliveries, this a chart i put together. second quarter, 22,0

maria: we will follow that, kristina partsinevelos, james freeman and huckabee. stuart: good morning, maria, august 9th, dog days of summer, not if you're an investor, all the major indicators are close to all-time record highs, we have a summer rally, you should really check your 401(k), that should put a smile on your face, since february democrats talked impeachment but the yield curb predicted recession. ashley: me too. stuart: apple reached a trillion dollar valuation, amazon is coming close and big tech continued its surge as of now the s&p and nasdaq both base indicators were 1% all-times, the dow is about a thousand points away. we are going up a little this morning at opening bell, a little but on the upside. value of all stocks has risen $8.7 trillion since donald trump became president. then there's tesla, it would be down again at the opening bell after elon musk tweeted privatization move, the regulators have started investigation, that is not good for the stock, down 4 bucks premarket. they want to know regulate os, they want to know if he really ha

joining us dr barton, susan li, ashley webster, kristina partsinevelos.s a summer rally, isn't it? we're on the brink of the longest running bull market in history. do you have any idea, dr, what might stop it? >> more buying will stop it as we get a nice blowoff into the fall. we'll get a blowoff top into the fall. that is only thing can send us on other side. we know tariff things earnings explain to our viewers what a blowoff top is? that is -- >> blowoff top is when buyers keep coming in and sellers keep disappearing and that gives us a quick move to the upside. stuart: okay. may i just pass this around. ashley: isn't that a positive? >> getting there and colling down the other side. ashley: gotcha. stuart: we're going up short term. how many people agree we'll go up from here? >> i agree. stuart: susan? susan: tariffs are a big concern. stuart: are we going up from here? >> edge closer to 3,000 for the s&p. stuart: webster? ashley: only game in town. we'll keep going up. unless something happens we have no idea. we can live like that every day. >> ta

barton and kristina partsinevelos join the club.ith facebook, they clarified how they want to work with banks, d.r., you told us earlier that you do now trust them to have our information secure and you'd trust them that they're not going to disseminate the information all over the place, are you buying? >> i did buy it on the big dip, stuart, and i still think it's on the big deep two weeks ago and i rebought it, bought more and i still think that this is a stock with upward trajectory, last growth numbers, 45% year over year, it's good stuff, we can trust them, they will are under microscope, they know if they get to the point of giving data, they said they were only doing chat, if they get to the point of delivering data, they will use biometrics and other things properly like good financial apps like ali pay. >> facebook wants to buy, sell, transfer money as well, they are working with large banks, jpmorgan, citi, alphabet is doing that. also alexa. ashley: let's not forget pressure of banks to exploit social media, it's you kno

kristina partsinevelos here in the hot seat. how are you doing? you. >> it seems the recipients of snap are doing better. the latest statistics. 40 million americans using food stamps and now we're seeing a big drop. a lot has to contribute to the economy, we know that. because on average they get about 122 per month to use towards certain grocery stores to buy food. a sign you are getting americans struggling out of the rut and this is reflected in the economy. you are seeing jobs. >> sandra: going back to the president touting this 3.9 million off food stamps since election day. he is giving himself credit for that decline. so to what policies is he attributing the drop? >> tax cuts and a large number of americans on food stamps during the obama administration. we went through the recession in 2008. a huge peak and big decline over the end of his term. we're continuing to see that decline because the economy is doing well and tax breaks. the complaints are the tax breaks you only see it over the next four quarters and then that trickle effect. >

kristina partsinevelos joins us of course ashley webster. i want to start on a solid note.bringing back melissa, because you think the market goes straight up from here. 27,000 on the dow by the end of the year? >> definitely by the end of the year. it could even happen sooner. this rally, even in the s&p, i was thinking 3,000 for the s&p. we got over 290. three weeks ago i said 3,000. today is a critical day. let me tell you why. we'll find out today if canada is going to agree to these terrorists with the u.s. let's say we do. say everything turns out great. expect the market, even though we're opening down, take off into the close over a holiday weekend. if we don't, i don't think that is a big of a deal because we had such a great rally. stuart: extraordinarily bullish, melissa armo. wait a second. it's friday. you know what that means? jeff sica is on the show. are you pouring cold water on our newcomer, new star of the show? go. >> i was the old star of the show. welcome to the new star. but here -- you know what? i understand the optimism, all this optimism, ignoranc