if i owned vegas sands down 10%, i would be worried about more lockdowns in china and the business in general. and so if you would be happy owning lasvegas sands down 10% or lower, then this is a great strategy but it's also a strategy, if you don't want to have anything to do with the business, then maybe there is happier hunting someplace else >> all right up next, we are taking twitter -- taking to twitter, excuse me, and answering your pressing questions there is much more "options action" after this we are back in two minutes stay with us when traders tell us how to make thinkorswim® even better, we listen. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim® web. because platforms this innovative aren't just made for traders -they're made by them. thinkorswim® by td ameritrade >>> welcome back to "options action." time to take to some tweets. i'm tongue tied on this friday, carter help me out. our first tweet is asking with supposedly so much bearishness, why is the vix so low? scott, take this

i'm not certain that las vegas sanc sands is really a worthy subject. f i owned uber down 10%, i'd be happy to own it down 10% because i like the business. if i own vegas sands down 10%, i'd be worried about more lockdowns in china and worried about the business in general. so if you would be happy owning las vegas sands down 10% or lower, then this is a great strategy it's also a strategy if you don't want to have anything to do with the business, then maybe there's happier hunting someplace else. >> all right up next, we're taking to twitter and answering some of your most per pressing questions there's much more "options action" after this we are back in two minutes stay with us >> announcer: "options action" is sponsored by think or swim by td ameritrade. when traders tell us how to make thinkorswim® even better, we listen. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim® web. because platforms this innovative are

like the business if i owned vegas sands down 10%, i would be worried about more yo lockdowns in china and the business in general. and so if you would be happy owning lasvegas sands down 10% or lower, then this is a great strategy but it's also a strategy, if you don't want to have anything to do with the business, then maybe there is happier hunting someplace else >> all right up next, we are taking twitter -- taking to twitter, excuse me, and answering your pressing questions aconopon much more "tis ti" after this we are back in two minutes stay with us in order for small businesses to thrive, they need to be smart. efficient. agile. and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just 39 dollars a month. with no contract. and a money back guarantee. all on the largest, fastest reliable network. from the company that powers more businesses than anyone else. call and start saving today. comcast business. powering possibilities. when traders tell us how to make thinkorswim® even better, we listen. like jack. he wanted a stream

look at las vegas sands, up almost 12% wynn resorts up 12%.the macao government will resume issuing visas electronically it makes it easier for the neighboring visitors to travel to macao and there will be the gradual resumption of group tours. the top government tourism official predicts as many as 40,000 daily visitors next month. still well off prepandemic levels of 113,000 visitors per day, according to official tallies. but this is a real improvement on tourism this year which has been down 86% from 2019. jeffries has just upgraded wynn and las vegas sands to a buy and increased the price target but, of course, there's still a lot of headwinds here. they have a surprise competitor, and you have also these questions about whether covid restrictions will still follow that zero-infection policy >> contessa, appreciate that lindsay, i wonder what you make of this theme. trying to read china industrial policy has been confounding this year >> yeah, you know what, this is a positive news story for these companies, especially like a wynn and a l

shape a rear from now, nine months from now, and this would be one of the great names to own. >> las vegas sands missed out on that huge rebound in las vegas by selling it, but what they got was a lot of cash to sit on to tide them through this rough spot if we see a rebound in macau like we've seen in las vegas, they're set up well. what about paypal, why do you think the bad news has already been baked into this and it could just be upside from here >> yeah, paypal two years ago is one of these glamour growth names that was going to capture every part of connecting payments to all sorts of things, including crypto and everything else like it the company even looked at a harden acquisition in the course of that process, they have now decided to go back to their core business, focus on 20%, 25% growth area that throws off a ton of cash and stocks down 65% we don't have to look at this as a company that needs to grow 30% or 40% anymore but a really powerful cash machine at a 20% growth rate. >> i acknowledge there are interesting stories like that. i conclude with one more of the notes i have it'

wynn resorts, las vegas sands, moderna, norwegian cruise lines, cruise lines are back again but the gamingott, zoom, vertex, activision blizzard all on the upside on the nasdaq. the 10-year treasury yield that's a key indicator today. look at it go up. we're now at 3.58%. price of gold, not an inflation hedge. it's down to $1,670 per ounce, bitcoin is back to the 18,000 level. oil $84 a barrel. nat gas, where's that this morning? 772 per million british thermal units. the average price for a gallon of regular down to 3.67 in california though you'll still pay 5.45. here is an op-ed to look at. mad about migrant flights? open border liberals should look in the mirror to see whose really breaking the law. tom homan wrote that piece and he's on the show and i'm going to ask him too. why can't the migrants work? honda accidentally overpaid some of their employee bonuses and they want some of the money back we'll tell you all about that. britain's prime minister liz truss in new york for the u.n. summit. she announced tax cuts and a return to drilling and fracking for fossil fuels, praise the l

conversation with the top of the hour looking for deals to snatch up now in walmart, uber and las vegas sands joining me carter, mike, and special appearance b

las vegas sands, that stock is higher by about 12% and wynn resorts higher by 12% and jeffreys raisedas vegas hands and went to buy from hold on this news in particular. raymond james lifting its rating on planet fitness stock to buy for market perform saying the market is underperforming the broader market and the fitness firm has a highly resilient business model. planet fitness, a bit cheaper and get a better deal at planet fitness. they lost ground during the pandemic and government lockdowns meant limiting the spread of covid-19 and had to close facilities and the clientele is growing as people are working out in the gym. pg and e is higher by 2% and set to join the s&p 2500 index replacing citrex systems and opening an monday, october 3. it's acquiring citrex in a transaction this week. aaron judge is two hits shy of a american league record holder for the most in a season breaking the 61-year-old record. some experts are predicting a 62nd homer hit by judge could be worth $2.5 million. the ball getting away and live at yankee stadium with more on the million dollar baseball and

wynn popping 6.25% and we have las vegas sands catching a bid here as well.up about 3% after the kansas city chiefs sue know submitted -- casino submitted a new ten year gaming session in the chinese mecca for the gambling. the launch of cesar's sports book and casino truck tour. stocks lower after the financial protection bureau announced it will start regulating the industry by aligning the sectors rules with those of credit card companies. so a lot tighter here. launched an inquiry last year that concerns of buy now pay later companies was accumulating debt and they'd get swamped by that and down 2.5% and paypal 2.7% and the streamer upgraded from inline to outperform. netflix up 4.6% on that and expects its ad-supported tier to reach 40 million subscribers by 2023 and the investment banking firm believes they haven't been factored into wall street's estimates of netflix's valuation. netflix stands at $234 a share. it's up 45% since hitting a 52 week low on may 12 but still looking at a 60% loss year to date. all right, how long before netflix has a series

stuart: moving on, las vegas sands, got something on that?undred 7 companies benefit from casino licenses in the world's biggest gaming and i thought the transition was going to be something like inflation. stuart: we really have to talk about inflation and specific land will talk about rents because rents are so high that some people are being forced to flee their own states. madison allworth is with us, you found one renter whose rent double from 2500, to $5000 a month and this was in new jersey? >> this is miami but it is true. a single mom has her son, $2500, $5000 still figuring out what to do. her new lease in november, she came to her landlord and said can we need in the middle and they said no because they don't have to because demand is so high. i didn't get her on camera because of a situation and how tenuous it is, she doesn't want to leave because her son would be uprooted who just started school but because her situation is not uncommon these days i found someone else going through a smaller situation, we were able to talk to a d

>> no, i'm not they don't have the asian exposure that, say, las vegas sands does it will be tough forsars corporations will cut back on travel and entertainment spending that's where the dollar really is for las vegas p/e at $1.55 -- and i mean 155, means it's really expensive. online sports betting is interesting. the acquisition is $500 to $750 per. while it's interesting, that's not going to pay off for a while. i would stay away from caesars >> let's -- well, that's quite a statement there. and final name is ford >> yeah, this is the most interesting name of the three by far, i think i've been a fan for a while. i've been wrong for a while. i think it's by far the best space in the auto sector i think it's better than tesla it's the best of the ev names and the legacy automakers. p/e of six, forward p/e of six means it's cheap the problem it's getting killed today because the supply chain issues, really mundane ones, they can't get enough of the oval blue badge that goes on the hood of the car. they can't get enough of other mundane things and that's even affecting their f-150 pic

after they will issue visa electronically and lifting covid restrictions melco traded here up 30% las vegas sands up 12% wynn up 12.5% as well. mgm up half a percentage point they rely far less heavily on its revenue from macaw than the others for the first eight months of this year, official figures show tourism off 86% from pre-pandemic levels. but now we're getting this announcement, the loosening of covid travel requirements and the top tourism official says he anticipates macaw could seen between 20,000 and 40,000 visitors daily as soon as october 1st, which is a holiday there. pre-pandemic levels though, tyler, the daily average was 113,000 visitors so, you're seeing like, great, you're making progress off what it was earlier this year when you had visitation - >> you're still a third of where you were. >> there is just no clear-cut path forward for macaw until they open these restrictions right now, they're still maintaining the quarantine requirements for international visitors they have to stay for a week in hotels to quarantine. >> how big a convention and business destination is it >>

performer is on the downside travel and leisure are among the worst performers in the s&p 500, las vegas sands, royal caribbean, marriott, hilton, down more than 3% and the nasdaq names are getting hit the hard e est. 5.17%. paul amman that's something for paul. he's one of our producers. we're also down about 4% on most of the other names as well he's done with the push-ups, to the aforementioned tyler mathisen >> i'm going to go into a meditative state new york attorney general latisha james is suing donald trump, if you haven't heard. his company and three of his children for fraud she seeks $250 million in fines and pans on trump and his children from running companies in new york. >> the complaint demonstrates that donald trump false ly inflated his net worth by billions of dollars to unjustly enrich himself and to cheat the sy system, thereby cheating all of us >> a spokesman for the trump organization slams the new york suit as politically motivated and that it, quote, has nothing to do with the facts former president trump making his own response on his truth social media platform. he

stocks with macau exposure which, of course, is the chinese mecca of gambling, wynn, las vegas sandsypal moving lower as susquehanna downgraded from positive to neutral. analysts worried that the online payment product will be a drag on the company. it's a drag on the stock. it's down 3.25%, but braintree accounts for 31% of paypal's total the payments but is expected to grow to 44% by 2023. >>> many have tried for years to come up with ways to scrub carbon from the if air we breathe. but they -- bet they never thought about this, how about capturing it and converting it into sneakers? in a fox business exclusive, the co-ceos of the roger federer-backedded on holdings are about to hoe you how they've done it -- show you how they've done it and when you could soon be walking not in the clouds, but on carbon emissions. safe, i would imagine. we'll find out more about that. speaking of eco-friendly businesses, entrepreneur stu landisberg ditched his big job to chase his idea of making a company that sold sustainable beauty products. he got 176 nos from potential investors. so how did he

including tapestry, formerly known as coach, ralph lauren, pvh corp., travel players like expedia, las vegas sandsns that inflation may be, may be cooling off a bit, names in a rely on consumer spending is getting a boost ahead of tomorrow's all-important inflation data i'll send it back to you, david, at the new york stock exchange >> thank you, dom. >>> over the last couple of years many financial firms have expanded their presence in florida, some have relocated there entirely now florida's red-hot luxury market is facing a new test. its private schools are bursting at the seams, causing a major backlog across the board joining us to discuss is dave faust, the head of the benjamin school in palm beach david, good to have you this morning. give our viewers a sense of the numbers behind this, how many students you typically admit and what kind of pressure you're seeing on admissions in terms of numbers and acceptances. >> good morning, welcome to sunny southeast florida. yeah, we've seen really since the pandemic, we've seen some pretty significant increases in interest in the benjamin school and

las vegas sands up 13% wynn resorts up 15%. melco based in asia, up 32%.ands china outperformed in this group, closing up 15% in hong kong the lift here is sparked by the news the macaw government will resume issuing electronic visas, making it easier for individual visitors to travel there the government is clearing the way for gradual resumption of group tours. that is a critical component of the casino resort business before the pandemic, about a quarter of its business was group travel this is expected to really pick up by the end of october, early november we'll begin with neighboring guangdong province and extend to three more provinces, including shanghai the government says it's hoping to consider other measures next month to allow more access from all of mainland china. the top macaw tourism official says he's hoping between 20,000 to 40,000 visitors a day by october 1st, which is a holiday there. before the pandemic there was an average of 113,000 visitors a day. so, still a big shift. for the first eight months of this year, visitation has been

not all red right now we have some of the big casino operators check out wynn resorts and mgm, las vegas sands 2 to 11% they're having a big move higher because melco is easing restrictions for tourists to allow them to actually go over there and game again for the first time in around three years. so, joe, watch the casino operators, especially the ones with heavier macau exposure. >> do you think we need to lose a couple presidents cups to make it -- >> interesting you didn't think it was interesting? >> i was riveted >> was it an nbc thing if it was prior to it, i would be scared -- i wouldn't say that >> you didn't watch any of that big come back that they had? >> it's not -- no, it's not tina there are alternatives didn't you know there was a lot of things going on yesterday besides a presidents cup >> football, of course all kinds of things. i was watching all kinds of things. >> there are a lot of -- there's a lot happening. i don't know, dom. i saw justin thomas hit a couple shots and i said, i'm going back to -- of course i wasn't betting on golf. maybe that's the problem we've won ni

the fed's rate decision and the revisions to its economic outlook diamondback, freeportmcmoran, las vegas sandssuamerican if we can put up a chart of accenture, down 2% premarket volumes are starting to pick up but revenues and earnings come out better than expectations, becky, but its first quarter revenue forecast did fall shy of expectations amid a slowdown in i.t. tech spending some inflationary headwinds, currency headwinds so watch those shares, down 2%. back to you. >>> in the meantime some breaking news. the very latest central bank move this morning. the bank of england as expected raising its benchmark rate by 50 basis points this comes after what we've heard from so many other central banks this morning steve liesman joins us with what's already been a pretty busy day for monetary policy on the heels of what the fed did yesterday. >> no sleep for central bank reporters today because it's moving around the world, becky the bank of england was a close call here. it was 5-4, all nine voting to rate rates but three of them wanted to go by 75 there was a lot of talk in the market about th