lauren: well.tu, how big is the culture shock moving to america and for you, what was your biggest shock when visiting another country? the biggest shock was how big america is. lauren: when i got to other countries, i'm surprised that everybody speaks english. it's so rare that i have to speak or try to speak another language in another country. stuart: okay. that's a good one. why not. lauren: it's terrible because i would like to learn other languages and nobody speaks them. everybody speaks english. stuart: that's right. stick to your language. clark says you always ask your viewers for questions on the feedback segments. any questions you hate being asked? yeah, hate being invited out at night. i don't do that . i don't socialize at night. i don't do that . how about you? lauren: at least you get invited out at night. stuart: occasionally. not so much anymore. lauren: i hate pretending to be tall. stuart: ten pounds and two inches. from luke, i remember a while back you did a brief segment and

lauren: i did.rts and start it had last night and finished this morning on repeat. trump likes opera, i did not know that. they played a lot of opera at the convention. yes. stuart: i didn't know that . lauren: me neither. you learn something every day. stuart: certainly do. this is from peter, we love hearing you talk about your travels around the world, what's the most beautiful mace you've ever been to? bali in indianapolis knee supra aural headphones. this was 50 years ago and i was on the beach in bali 50 years ago living on the beach. they're called little huts and for $1 a night, you can sleep, got to shower and got toasted bananas. lauren: like a cheaper version of a hostile. stuart: sort of. beautiful, looked right out on the beach. there it was and the sunsets right there. that was good. lauren: that's on my list. stuart: what do you got? lauren: what's the question? stuart: most beautiful place you've ever been? lauren: this studio. most beautiful place i've ever been. stuart: game, set a

lauren -- lauren: you know, he was extremely defiant.ome pretty brutal questions from frustrated reporters in that one-hour press conference last night. >> >> reporter: officials here are saying off the record that your decline has become noticeable. hasn't this, frankly, become damaging for america'sen standing in the world in. >> did you see any damage in our standing? >> [inaudible] >> that's not true. >> reporter: how can you reassure the american people that the you are up to the task? >> well, i tell you what, the best way to assure them is the way i assure or myself, and that is, am i getting the job done. >> are you fully determined on running in november as the party's nominee? >> i'm determined on running. >> you open to taking another physical or test before the election -- >> i've taken three significant and intense if neurological exams by a neurologist. in each case -- as recently as february. and they say i'm in good shape. lauren: i don't believe him. he's taken three neurological exams. can we see results? stuart: i gues

lauren: mercadolibre. david: thank you, lauren. that's up 2.25%.auren, news about boeing all day. lauren: they work on written plea deal and they're reportedly in conspiracy fraud charge affects billions in contracts with the pentagon and with nasa. as a government contractor last year, those contracts were 37% of their annual sales. we're talking billions of dollars and now they would be a felon. what's the 7:pact of that? impact of that? wall sprite thinks maybe very lit and will maybe a waiver and be a major contractor and supplier to the federal government based on share price reaction and reuters reporting that beau asking in talk with the defense it -- boeing is in talks with the defense department on how it affects the government. david: stock up over 2%. you should notice and check the dow down there and it's now in the red. at one point this morning up over 200 point and down about 30. 206,000 jobs added last month in june. that was stronger than expected, but we also saw unemployment go back up above 4%. 4.1. grady trimble joining me now.

lauren, what have you got? lauren: dan ives agrees.he iphone moment for microsoft. you have to watch as your -- azure growth. that's the cloud. it's expected to top 30%. that's a big deal. investors need to see if cloud revenue has picked up enough to justify the billions they're spending on a.i. if it's expected to be $13.6 billion, one quarter. overall revenue just high of $65 billion. okay. so it's 4-5% of their revenue, but it's still an enormous if amount of money. think about it. for all the companies that sign up for their co-pilot, it's $30 a month per employee. half of the fortune 500 use it which means there's another half still to get. and i also want to tell you this, and this could be why microsoft shares don't know which direction they want to the trade right now. microsoft is investigating outages regarding some of their office products like outlook, word and excel, and this is just coming to us now. stuart: that's butting -- putting a little damper on the stock, it just turnedout. okay, got that one. we got some earning

lauren yeah.new apple phone to you too and and why you should care about it. stuart: i'm getting a lot of shtick this morning. starboard -- oh, this is for yo- >> why is this for me? lauren: gen-z can -- >> she's married with three kids, how is this for her? [laughter] stuart: what big changes are they going to make at a match? lauren: so timid ther is responsible for more than half of match's revenue, but it hasn't grown. it was a pandemic darling. everybody was stuck at home, everybody wanted to the date. now they need to turn things around. starboard is saying fixed your problems -- fix your problems or sell yourself. if you look, match is down this year by 12%, but it's actually down 770 since it -- 70% since it separated from iac four years ago. >> you want to flummox yourself? look into the dating habits of this new generation. that's an entire segment in and of itself. your head will explode. it's completely different from what you and i are used to to. stuart: that's very true. but i think

lauren: wow.dly senators sherrod brown and jon tester also voicing their concerns privately. their seats are the most vulnerable in the senate this fall. and here's a list of the house democrats, seven of them, calling for biden to withdraw. here's the list. you can see seth moulton on there, jared golden. is he going to listen? because it seemed to me yesterday was the moment where the party started to get behind -- not enthuse if yeahs click, but to unite around bide biden because he told them too. stuart sort at the moment he's still saying, i'm in. house democrats still divided over biden's future. i want you to listen to what congressman steve cohen had to say about it. >> are you all on the same page? >> no. >> what do you mean your not on the same page? >> we're not own on the same book. stuart: charlie hurt joins me now. charlie -- [laughter] it's stalemate. they're split. if how long can this go on for? >> well, it's truly extraordinary, and and we've never seen anything like this in 50 y

lauren: yeah.oth reports is the customer is more slowly upgrading their phones. that's a more cautious customer, but the reports are different because at&t has less churn, less people canceling. here's why. they have an unlimited plan. investors and customers love it, and they're willing to the pay up for it. they added 419,000 subscribers in the quarter, but the estimates were 285,000. that's a huge beat. stuart: how about crowdstrike? is the bad news still coming? lauren: well, so finally you have an update. they lost a quarter of their value in a couple of days. they've reviewed their systems, and they're making changes. they're going to stagger the deployment of their software updates, first a few users, see how it goes, then the blast to everybody. they say last week's software bug originated from one rogue file that hit every single window windows machine as soon as those machines were powered on. web bush is going to 315 which is above where crowdstrike is now, but, yeah. now they're in cong

lauren: dow stock.tuart: is the dividend yield still 2% when you got the price of the stock rising like this. its got to be more like -- >> it's going to be a little below 2% right now probably the 1.8% range but they have positive free cash flow, they continue to grow their client base, and hey, their stocks doing pretty well. stuart: with a capital gain as well. lauren: and three are up 11% this week at a new high, with an upgrade today jefferies giving them a price target at 563 now, jefferies says 647 to be exact. they see strong medicare advantage growth and better margins next year. stuart: okay. >> i'm good with all of that. stuart: another one that i missed. apple, where are they? lauren: this is separate news apple is down big as is technology in general but they are backing a $50 million fund to support affordable housing in san francisco. the latest investment starts with four projects and 400 homes. stuart: okay, vf corporation. lauren: way up, four-month high so the maker of raybans is buyi

lauren: agree.at this, the stock is coming back a little bit, down about 1.66% in the premarket. this is, like, the prove if me moment. i want to put microsoft's massive a. spending in context. cap-x, $19 billion in the past 3 months. five years ago that's what they spent many an entire year. one quarter, $19 billion. where's the payoff? their azure cloud growth, 29. wall street wants 30 plus percent. that's why a decent report card, wall street is dismissing it. 60% growth in azure a.i. users. there are 60,000 of them now. they doubled the number of co-pilot users, ask if then if you look at the confidence from sat a ya nadella, the ceo, he says microsoft if has the, quote, demand signal to justify their a.i. investments, but right now investors are not justifying it. they're sick of writing a.i. blank checks. stuart: mike lee's with us this morning. mike, we predicted this yesterday. the slightest hint of a disappointment, and the stock tanks because the analogs come in -- or whatever it's calls -

lauren looking at movers. supermicro is moving down $10. lauren: up 250% and i will tell you they got a downgrade. they voted neutral, price target is $930, stock is at 885. there are order uncertainties. maybe some customers pulling back a little bit and liquid cooling, lowering the temperature. stuart: a lot of people think the bull run is plateauing and nvidia is in pension and capital gain, that is happening. lauren: the tree does grow to the sky and stays there. tell me about into it. lauren: it should be down by 3%. 10% of staff, they are investing in artificial intelligence. they are eventually going to rehire 10%, but think engineers. stuart: what is going on? lauren: they are buying air products, natural gas process technology business for $1.8 billion, growing demand for fuel in the power industry, the fourth acquisition this year. stuart: power for data centers, extraordinary story. vice president harris defends anti-israel, pro-hamas protesters. and funded all of this unrest. we have that story. hunter biden has been involved in

lauren: yeah.some raw honesty there. ashley: yes. lauren: he asks that existential question, right? why does the democratic party exist if it can't deliver what the people want, ashley? ashley: that's exactly right. vox pop lie, the people's voice. i haven't heard that for a long time. lauren, thank you very much. let's get to the markets now, drifting a little lower in the premarket. let's bring in kyle wall who joins us now. kyle, okay, you've got some stock picks, and you start with the biggie, really, nvidia. where does this stock go and why do you still like it? >> i think it's more than just nvidia, it's the world of a. a i. now, and the market has been driven by a.i. you look at these stocks, nvidia, it's up 150% once bench -- again. super micro up 1180%. and if you -- 180. and its pe ratio is only 45. the stock's still pretty cheap because earnings have been outgrowing and if moving faster than the price of the stock. ashley: are there any if other stocks in this space that you like? i mean

lauren: a lot. this is the image, iconic, what a warrior looks like and donald trump and the actor tim robbins and a couple of years ago he made this documentary of right wing politician that staged an assassination. he posted about it and he said, anyone drawing a parallel between my film and the attempted assassination let's be clear, what happened yesterday was a real attempt on the presidential candidate's life and denying the assassination attempt was truly in a deranged mindset. he's coming out and saying endless conspiracy theory, let's unify the country. george strait, amber rose, kid rock, john rich and said an angel protected trump stuart: i've not heard that before. lauren: i hadn't heard her story and john rich posted a bible quote and said there was an angel watching out for trump. stuart: fascinating. thanks, lauren. coming up, politicians on both sides say the intense political rhetoric needs to cool down. watch this. >> we just have to turn down the kinds -- the temperature on this a

what did he say, lauren? lauren a lauren yeah.nt obama wrote with: bad debate nights happen, trust me, i know. but this election is still a choice between someone who has fought for ordinary folks his entire life and someone who only cares about a himself. between someone who tells the truth, who knows right from wrong and willive give it to the american people straight and someone who lies through his teeth for his own benefit. last night didn't change that, and it's why so much is at stake in november. so i'll put obama, still in biden's corner, but privately he's concerned. this according to "the washington post." obama has long harbored worries about a his party defeating donald trump in november, repeatedly warning biden in recent months about how challenging it will be to win re-election. and reportedly, obama got on the phone and called biden after thursday night's debate. he said i'm here for you. look, he's worried that trump will erase much of what obama's accomplished through biden yet again. ashley: yes. lauren: and no

lauren has got for moving as we start with tesla. lauren: they are up 2%. several price target increases, dan ives at webb. $300 a share reiterating the bauer, after the reported delay, they could care less. they say they are bullish on ai. city at 274, hsbc is up. stuart: i told you that robo taxi thing is not an event. tell me about fastenall. lauren: they make industrial supplies, stock is up 42%, sales stronger-than-expected up 1.8% but you got an increase so a big report card. be 16 black amusement parks. lauren: people are going just a couple days ago, that the older ticker, they merged with cedar fair that closed, the new ticker is fun. that stock is up 2.5%. they are initiating at a by, they think the stock which is currently at 53 is going to 68 which is 28% gain. stuart: thanks. coming up. hungary's by minister left the nato summit early. where did he go? went to mar-a-lago to visit donald trump. what the significance of that? more democrats call for president biden to withdraw from the race after he gave another gaffe filled press conference. wat

lauren: yeah. stuart: everybody viewing this program in the moment saying which company are you talking about? lauren: there's enthusiasm behind ai and there's chip designers, foundries and cloud companies and data centers for the three parts to ai. it's not probably going to be till 2025 that companies need to show return on investment stuart: up another 3%, 132. next one is chewy. it's down. lauren: about 3% and moving to decline in number of active customers using chewy to get their pets the products they need. long term fundamentals look good and revenues tripled over the last three years. stuart: door dash? lauren: drivers delivering booze for the convenient store sheets in pennsylvania. stock's up 2%. stuart: okay. stuart: governor gavin newsom and gretchen whitmer floated as potential replacements for joe biden but both say they still fully support the president at the top of the ticket. we've got their full comments coming up. california barber calling out insane cost of grocery store bill

if lauren. lauren: yeah,s in biggest a.i. names.uggest like nvidia and also a taiwan semi. they briefly yesterday crossed $1 trillion for the very first time. we don't have to talk more about nvidia, right? but key point going to $180 on their stock. they say if you looked at demand for the new blackwell chip that comes out at the latter part of this year, demand is not cooling at all. if you want my opinion, i would say the a.i. rally is bubble by, i wouldn't call it a bubble. jeffreys came out with a note saying we have this basket of 27a.i. names. each of them is up on average 127%, so you're more than doubling your money since chatgpt launched at the end of 2022. >> what's the difference between bubbly and a bubble? lauren: well, because -- [laughter] that's a very good question. it feels very inflated. be careful where you put your money. >> lauren's very moderate about that which is probably more prudent. i'll just say it's a bubble but that you can't time when the bubble bursts, and this bubble's going to burst. stuart: but t

lauren: mattel says no.ate equity company wants to take a mattel private reportedly can and return american girl, hot wheels and barbie to big growth again. i mean, mattel shares are flat to down on the year. but there's also reporting that mattel's archrival, hasbro, could buy mattel instead. we might find out more later today when mattel profits earnings. stuart: i know -- reports earnings. i i know crowdstrike has taken a huge hit. did cathie wood start buying the dip? lauren: in the past three days, crowdstrike has lost one-quarter of its value and, yes, she did. she is bold and brave. $11.8 million of crowdstrike stock she ed at around $305 a share, so she's already down. she did this on friday after that a worldwide outage. think about it. you've got congressional testimony coming up, potential liable, and she bought, like, $12 billion in -- million in stock. stuart: you take on a huge responsibility when you're chubbing around hundreds of millions of dollars. you're in charge of that money on behalf o

lauren looking at the movers, lauren: insurance bellwether. did report record net earned premiums in the quarter, higher investment strong, underwriting offsetting the $1.5 billion hit from catastrophic losses, severe storms costing $1.5 billion. stuart: intuitive surgical. lauren: we are looking at if it is up 8%, a record closed today. they smash earnings, 25% on strong sales. stuart: door - is up today. lauren: a tough month up 4%. %. investors should take advantage of the decline. they think it will soon be included in the s&p 500. stuart: the global tech outage taking its toll on airports, airlines across the country, canceling a lot of flights. at the o'hare airport in chicago, the latest please. >> reporter: a massive line for people who want to rebook. it is friday morning, very busy and very chaotic. this goes beyond the airports. it will be affect people's health and safety, 911 call centers in virginia, new hampshire, these are all places where state troopers and medics are saying this is a problem where they have to switch numbers

lauren: yeah.uestions came thick and fast if. kjp tried to tell reporters that the bad performance we saw on thursday might was just a one-off. >> it was a 90-minute debate. it was a bad night, that's what we belief it to be. we're not -- believe it to be. we're not taking away what people saw, we're just not. that is -- want to be very clear about that. and, you know, we want to, to also make sure people understand that the president realizes, you know, i keep saying this over and over again, he said he's not as young as he used to be, and hes has addressed this over and over and over again. lauren: yeah. but the "the new york times" is not buying the excuses. in a deeply-reported piece, they write: mr. biden was drained enough from the back to back trips to europe that his team cut his planned debate preparation by two days so he could rest at his house in rehoboth beach before joining advisers for rehearsals. the preparations, which took place over six days, never started before 11 a.m., and mr.

while you were talking, lauren, moment. while you were talking, lauren. there _ moment., lauren, there is an _ moment. while you were talking, lauren, there is an officer- moment. while you were talking, | lauren, there is an officer standing here but someone has brought him some chocolate and laid them there. the community really have pulled together, already bringing out water and chocolates for the officers. the community support officer who is standing at the cording? yes. community support officer who is standing at the cording?- community support officer who is standing at the cording? yes, i have been here since _ standing at the cording? yes, i have been here since the _ standing at the cording? yes, i have been here since the sun _ standing at the cording? yes, i have been here since the sun was - standing at the cording? yes, i have been here since the sun was coming j been here since the sun was coming up been here since the sun was coming up this morning and not many people were awake and slowly over the money people have been coming out and saying hello to t

lauren. lauren: yeah. stuart: would you take in a stranger as a roommate? lauren: stranger?was older and alone. it would be fun. have someone to play bocce with and go to the bar with. i don't want to spend my older years alone. stuart: mark? >> absolutely not. i haven't had a roommate since i was 21 years old. actually, i got out of a relationship at age 23. i let a buddy move in with me for four days before i said get out. it's not going to work. i need to be by myself. lauren: you're both wrong. go on social media and see the mean of little old -- memes of little old ladies traveling and drinking wine together and helping each other out. stuart: it's paradise. lauren: it's a good thing and prices also keep rising even though supply is going up and you typically don't see that. right now 4.4 million homes on the market total. both new and existing. but the normal is about 6 million. can i help you with something? stuart: madison, heavyweightsly retreating from -- hastily retreating from the studio. a look at dow 30 and we get a sense of the market every day at this time fr

stuart: thanks, lauren.ok at the biggest winners of the day on the nasdaq thus far headed by on semi. lamb research, applied re-much and sml a and keeping an eye on gold and it's set a series of record highs and off the highs at the moment. you're down $11 but still at $2,434 per ounce. coming up, barstool sports guy dave portnoy weighing in on biden dropping out. watch this. >> the right move not to run, it's not for the right reasons. how they waited this long is insanity and they're trying to hijack democracy. stuart: portnoy will have more. the democrat party turning towards kamala harris and break down their new strategy next. ♪ when you're in the military you're really close with your brothers and your sisters that are in the military with you. and when you get out of the military, you kind of lose that until you find a new family. we can talk about our struggles and the things that we did overseas and not everybody can do that. adam! how's it going, brother? we live pretty close to each other. so he's

thanks, lauren. all eyes on the president tonight as he holds a solo press conference at nato summit. by the way, the press conference has been delayed one hour and it's not going to be at 6:30 p.m.. we're calling it a make or brek for the president. a full report on that. co-ing up. biden signed a bill bolstering nuclear power in america. senate sore john barrasso said nuclear energy is fundamental. is this a bipartisan win? democrats and republicans getting together on nuclear power? very interesting. the senator is next. ♪ (man 1) can you hear me now? can you hear me now? can you hear me now? (dj) can you hear me now? (runner) stay with me now! (teens) oooo! (woman 1) mírame ahora! (woman 2) get em now! (roger goodell) we're ready now! (woman 3) have fun! (fan) ooo, pinch me now! (woman 4) save me now! (toddler) let's go now! (woman 5) check me now! (toddler) catch me now! (gamer 1) cmon! (gamer 2) play me now! (toddler) okay, bye now! daughter: hey, dad. dad: hey, sweetheart. daughter: what are y

lauren: you are right, has a given.the universe of companies that you cover, things like kimberly-clark, procter & gamble, where does coca-cola stand out in your universe in terms of management and execution? lauren: high on the list. i find their system fascinating. it took me a bit to get my head around the idea of marketing at the local level. that separation of the two functions, more than two functions, but the two functions, if you will, allows for the execution and granularity that is unparalleled. when you think about their ability to react out -- you have different market conditions can react to consumer by postcode, it's that granular. coke is the only one that can do it. scarlet: an interesting model for other companies if they have the scale to be able to achieve that. lauren lieberman, thank you for joining us. she has an overweight rating on the stock. coming up, with turns down $23 billion from google and we have more on the momentum that we are seeing from the initial public offerings. this is bloomberg.

lauren: two problemses. warranties and evs.uality issues on some of their a older cars between 20216 and 2022-- 20 the 321. it's been a priority for over three years to fix this issue. well, they're not fixings it. the cost for the warranties increased by $800 million in the quarter. as a for evs, the red ink keeps piling up. $1.1 billion operating loss in the quarter, the estimate for the year is $a 5.5 billion. management called this ev journey, quote, humbling and and now they're expanding hybrids by 40%. stuart: adam -- >> i own it. stuart: yeah. are you going to to sell it? >> feel like an idiot. no, i'm to not going to sell it because at this point it's raid thing at about 6 times earnings, and and if it yields almost 5%. i do think ford will get it right. they went too big on the evs, but it's the humbling and it's upsetting, you know? i'm down, as you can see, 13% -- stuart: but you're an honest man. >> well, you know, at least i got that. [laughter] stuart: talk to me about chipotle, lauren. foot traffic's up, isn't it

lauren: so, the u.s.fghanistan for development $293 million and inspector general report shows that's the amount of money that was sent to afghanistan that might have got into the hands of taliban into terrorist hands because they can't account for it. was it vetted? it's like missing money. you're allotting funds to help afghanistan out after our withdrawal and this audit finds they don't know where a lot of this is. stuart: why are we spending $293 million to develop a country which ran us out of town? i don't get that. really don't get it. but thank you, lauren. coming up, fox sports analyst says there's parallels between a successful team and a strong political party. he's gonna be here to explain that analogy. 76% are cutting back a lot on our spending just to afford the necessities. former trump official mitchell brown takes that on next. ♪ choose advil liqui-gels for faster, stronger and longer-lasting relief than tylenol rapid release gels. because advil targets pain at the source of inflammation.

lauren: yeah.n the market opened. stuart: let's see, we've got pfizer. this is another interesting one. pfizer is looking into the multibillion dollar market for obesity drugs. what are they working on? lauren: a pill that you take just once a day. they had previously worked on a pill you take it twice a day. didn't have the best results in trials. a lot of the people taking it had some side effects, so they reformulated it. now one pill once a day, they're encouraged by it, and they say this market for the obesity pill is worth $90 billion a year. stuart: well, i could see that. lauren: yeah. stuart: who wants to have an injection when you could have a pill once a day maybe does the same job? >> and still eat your potato chips. [laughter] i'll just pop a pill, no problem. lauren: except there is a problem, because a lot of people are reporting they get weaker in muscle loss, so they're buying supplements to make them stronger the. it's, like, a whole ecosystem. stuart: okay. but a pill if will be

all right, all righ, lauren and jesse are here with us. and lauren, if you can hear me. you went to two olympics, rio and tokyo. you had very different experiences, good and bad. it really seems that this sport, there's just that thin line between those two things happening at any moment. so i want to talk about paris first. the riders that are there, is it just like not really knowing what's going to happen next? i mean, how do they feel in paris right now? well, you're managing so much. not only are you managing yourself and your own riding, but you're managing a horse and that has a lot less. you have a lot less control of that. so they're doing everything they can to keep themselves peaking, but also to make sure that their horses are peaking at the exact same time as the start of the games. yeah, that's a lot to manage with all the stuff going on. and jesse, i want to talk to you because you've produced some very well known documentaries on steve jobs and elizabeth holmes, and then you pivoted to this one on olympic riding. why yeah. you know, and of the documentari

lauren: yeah.i worked for, to save myself. i went to jail for him and for you. stuart: okay. coming up, 24 hours ago it seemed the move to take president biden off the ticket had stalled. oh, that was wrong. the way things are going, biden might be gone in a week. that's my take, top of the hour. >>>. >> d. vance went after china in his speech of last night. roll it -- j.d. vance. >> together we will protect the beige wages of american workers and stop the chinese communist party from if building their middle class on the backs of american citizens. [cheers and applause] if. stuart: all right. vance says china is the biggest threat to america. we'll bring you the full story shortly and, by the way, the dow's at another record high. we'll be back. ♪ someday love will find you, break those chains that bind you. ♪ one night if will remind you -- ♪ how we touched and went our separate ways ♪ if ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings

stuart: didn't cathie wood buy -- lauren lauren $the million worth -- 12 million if worth.t, thanks very much. murphy, how are you -- were you affected by the i.t -- >> yes, like some of our service providers were down which impacted us. but, you know, we're -- we invest in private companies, so it's not really realtime movement, so it didn't impact us too much. but it is scary, the impact that just one incident if can have across all of industry and and all of our lives. but i think the stock the here after the selloff that lauren just mentioned is really interesting because, a few things. they have 18 if market share. so they've grown -- 18 if market share. they have great earnings, great margins, and as far as the is ceo goes, his reputation is that he's an extremely hard worker. so the idea that he wouldn't appear before congress, i think, is kind of off the a table. i expect him to be there, and i expect him to do a great job when he's there. stuart: let's see what happens to his stock. >> yes. stuart: thanks, mike. the world's second largest cryptocurrency, etherium,

lauren: you get what you vote for. island which is mostly republican did not vote for this mayor, governor or president and should not be subjected to there were to give us policies. he on the other hand embraced all three and is complaining about the mess their policies brought. talking about the queens borough president, 1100 migrants coming into new york city every week, 1100 per week. this has gone on for three years. look at nearly 200 migrant shelters in new york city. most of them are in queens. some of the poorest areas like jamaica and long island city. that's where donovan represents but staten island has five. that is why they have only five. they don't want them. stuart: what a situation. new york mayor eric adams is about to send another round of prepaid debit cards, he's getting pushback from both sides of the aisle. republican new york city councilman joe borelli joins me now. fellow councilmember, democrat, said the gravy train for the migrants has to stop. why is adams continuing with this program? >>

lauren: yeah. like visa was having, for instance, and td bank and jpmorgan. it doesn't mean things aren't working at those bank, it means some issues were reported by some users. so i'll leave it at that. look, cleveland clinic says their technology was impacted. their patient care has not been. a massachusetts hospital in boston, a boston hospital says they had to cancel all their non-urgent surgeries today. stuart: okay. so let's go back to crowdstrike at the center of this very problem, and they're down $50 a share, and that's 14%. lauren: this is a black eye for them. they have to restore confidence now that they can roll back this update that went wrong effectively and make sure it doesn't happen again in such an interconnected world. we're all vulnerable. stuart: is there some billboard- lauren: yeah. if you're driving through times square this morning, some of the billboards are black. that never happens in times square ors especially when it's early in the morning, the sun's just coming up

lauren: third-quarter earnings.ring in senator john thune, the minority whip in the united states senate. it seems there's two wins to the republican party, old-style republicans, moderate and the m80 republican. has trump united the two sides? >> reporter: if you look at this convention as a ton of unity, people around the country are rallying around donald trump, his vision for the future, acknowledging this administration, the biden administration is the presidency, high prices and open borders and i think the american people want a change, they realize what they have isn't working, $13,000 more for year for everything than they did before biden took office so this is a time for change in the country and this is a party and a presidential candidate is going to articulate a vision this week to rally americans, unify americans and take us to a better place. the american people know it. stuart: if the trump/vance campaign wins in november, j.d. vance could become the 40 eighth president of the united states somewher

lauren: stock's up 3.apparent problem with the banks, regional, small banks, big banks or otherwise. >> i don't buy that. i think the smaller regionals will get consolidated into super regionals. i really believe we'll go from 4,000 down to 2,000 over the next 5 years, but it looks like it's going to be an orderly transition. it's not going to be chaos, and that's a good thing. stuart: the dow is now at an intraday high and awfully close to 411,000. now tell me -- 411,000. -- 41,000. ely lilley, down bigtime -- eli lilly. i know this is because roche, the swiss company, has a pill, an obesity pill. lauren: a once a day pill and in early trials. you take that pill every day for one month and lose on average 6% of your body weight. that's pretty good. the company does say, look, okay, it's going to be years before these pills are widely available, but it's a great option for people who don't like needles. store stuart absolutely. stuart: absolutely. see, i don't mind needles, but i'd love a pill, kevin. >> i

lauren: it is down 10%.sidering the most severe trade restrictions the give china access to the most advanced chips. they make the fancy chip machinery for chipmakers, samsung. 49% of their sales from china. the threat of more export restrictions. stuart: how about intel. lauren: intel is up, a chipmaker, they would watch intel, you see texas instruments is up, intel is up 4% or 5%. they are calling them domestic winners of the us furthers their restrictions on china. stuart: spirit airlines. >> after the deal with jetblue, forecasting a bigger quarterly loss because they are bringing in fewer fees, a rock-bottom price is not what you pay. checking your bags. if they are buying a seat and spirit is not making as much money. stuart: "varney and company" 0 will take the stage tonight. the theme is make america strong once again. give us a preview. >> ron desantis and nikki haley give support for donald trump and it's a brutal republican primary season. look like the hatchet is buried. take a listen. >> you don

lauren: we've got to go. stuart: now this. facebook is admitting it wrongly censored trump's fist pump photo. remember when than senator harris compared ice to the kkk? got to roll this. >> the clan was what we would call today at the mystic terrorist group. >> are you aware of the perception of many about how power and discretion that ice is being used to enforce, do you see any parallels? >> i do not see any parallels. >> i'm talking about presumption. >> compared to the kkk. former acting ice director tom homan will take that on big time next. what will you do when the power goes out? power outages can be unpredictable and inconvenient, but with a generac home standby generator, your life goes on uninterrupted. because when your generac detects a power outage, it automatically powers up, giving your family the security and peace of mind they deserve. we don't have to worry about whether we lose power or not. if the utility company does not come through, our generac does. after the hurricane happened, we just want to be prep

lauren: down 17%. so the problem is the warranties, they're expensive and quality issues in some of their cars and pre-2021. also their ev mission. they've called those investments and trajectory humbling and completely uncomfortable. that's a selloff in a half. >> something new investing in ai and count down on massive losses and reporting weak losses and going on the doors and 17% almost. that's something else. stuart: tiktok influencer zack sage fox, went to the west bank, watch this. >> are you supportive of hamas? >> yes, yes, >> of course. >> are most pal tin indians? >> i'm with the resistance. reporter: we have more coming up from zack. stuart: fbi director christopher wray said agents making inappropriate posts about the trump shooting are being investigated. why haven't they already been fired in we'll try and answer that question. we'll take it on. u.s. fighter jets were scrambling less than an hour before the oval office address and intercepted jets from russia and bombers from china. fly i

stuart: thanks, lauren.g up, fec, federal election commission chair said the democrats could have trouble accesses biden's campaign funds. listen to this. >> seems like what the democrat wills do is take the money and republican, give to the harris campaign and not bother to get any fec guidance and just deal with any consequences on that after the election. stuart: sean will explain to me what happens next. primary supporters are so opposed to supporting trump that they're actually backing kamala harris. we'll tell you how haley is responding to that. i don't think she likes it. vice president harris skipping out on benjamin netanyahu's speech to congress but going to a sorority event in indiana. that's an insult to our principle ally in the middle east. morgan omorgmorgan ortagus -- ms takes that on after this. more varney after this. what will you do when the power goes out? power outages can be unpredictable and inconvenient, but with a generac home standby generator, your life goes on uninterrupted. bec

lauren is looking at the movers. lauren: look at these declines. it is down 6%. these names, they are down 11% this month, double digit losses since july started. is the ai hype wearing off? is our patients for monetizing ai not paying off? there are questions about the rotation. stuart: moving away from technology, lululemon down 5%. lauren: citigroup cut them to neutral, they have credit card data they look at in the activewear category, sales are down 9% in the quarter. jpmorgan came out and remove lululemon from their analyst focus list, shares at a new low. stuart: harley-davidson holding off on buying expensive bikes during the summer. lauren: many riders had waited to buy this bike that came out, stocking 8. 4% on solid earnings. we went if you've got money are doing okay. in 2019, kamala harris was voted the most liberal senator, more liberal and bernie sanders. hillary vaughan on capitol hill. what liberal policies did harris support during that time in the senate? >> reporter: president biden has been the most progressive president in us history with hi

stuart: good question, lauren.ll ahead, elon musk has fully endorsed trump and even donated to a pro trump pack despite voting for democrats in the past three cycles, presidential cycles and madison alworth on the support he's getting from businesses and trump gave first post assassination attempt interview and they were just a few feet away from him when he was shot. we'll tell you what trump said to her. selena is next. can i have another pancake? from full house... ...to empty nest... ...to free birds. vanguard personal advisor can help you prepare for every chapter. we got this. that's the value of ownership. there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right wa

lauren: american accent.all, that was the middle ear space -- southern drawl and then long island accents are the worst we long gaited vowels like oh my god. i can't understand people from boston and i can make fun of people from new york, long island and new jersey because these are my people. stuart: i have a british accent and can't lose it. lauren: probably have a problem on some words. stuart: my is clear cut. i'm -- but but it's a computer. stuart: that's true. time for the wednesday trivia question. here we go. i like this one: how many events in the first olympics in 1896? 28, 34, 43 or 50? i think i know the answer. we'll be back. ♪ choice hotels is a family of brands that helps you get the most for your money, so you can be any traveler you want to be. you can be a free, hot breakfast hero at a comfort hotel. -yes! -that's how you waffle! mr. “this script got a plot twist” at a radisson hotel. a business big leaguer. go for key. even the ultimate pool float inflator. with 22 brands and the best valu

so, lauren, you're closest. why don't you? go ahead. well, first, it's an honor to be able to sit here to honor governor dukakis. and thank you for the opportunity. northeastern. and certainly thank you, governor dukakis, for your public service and what you have bestowed upon so many students here. for me as a student, i had a handful of years of government experience already underway. i knew of governor dukakis as a leader, certainly in his own right. i had my own starstruck moment. nonetheless, when i had the chance to set front row in his leadership class. and there were a few things that i still remember to this day. every single class governor, without a doubt, would start class sharing some tales on his favorite topic. and there were lessons that were into this, most especially one of the things that he shared that was so as someone in public service, but i think continue to be relevant in any role that i've had, is you don't have to necessarily be the to be a good manager. he would share the story of if something was broken with

lauren: nicely for the first time in five days.ga pick, strong potential for their amazon web services, a stock at 188. stuart: kamala harris is going to wisconsin. alexis mcadams is there. both trump and harris will make a lot of visits to that state because it is very important. >> reporter: donald trump has been to wisconsin for a rally not long ago. this will be kamala harris's fifth visit to the dairy state. that shows how things come down a when talking politics in wisconsin. this is the first rally at this high school. we will see who is out here, they are saying there's tons of excitement in wisconsin. it is her first presidential rally. presidential candidate, taken the lead on the campaign. listen to this. >> my honor to have joe's endorsement in this race and it is my intention to earn this nomination and to win. [cheers and applause] >> in the days and weeks ahead, i, together with you, will do everything in my power to unite our democratic party, to unite our nation and when this election. >> reporter: the race is on w

lauren is looking at the movers.is up again. >> for 12 days, for 12 days, 40% yesterday, lots of reasons here, ray wong was talking about ai and michelin's robo taxi but i tie into the favorable inflation data, the cpi because rate cuts are good for tesla. bring down rates for cars. stuart: american airlines. >> this is is all about the's warning lower profitability and airlines getting hit hard if you look at americans specifically does down 5%, we could see the lowest close since may 2020. stuart: record travel over the weekend, 3 million a day flying around and all the airlines are down. >> all those deals with their unions, labor is expensive, jet fuel is expensive, the increased capacity, they have the issue with planes get a are not getting from boeing, record demand but a lot of operational challenges. we when i learned my lessons with airlines when i lost my shirt on people expressed 30 years ago. think i'm going to invest in a cruise line? dream on. quantum scape. lauren: never heard of them? no one has, 29%

lauren: the picture is going viral. time and e other was six months old and they were photographed together and in spain for the picture and a team charity photo shoot in the town where yamal was born. there's messi with long hair and yamal at six months old and he's in a bathtub and i don't think messi muay what to do with him. there were two stars together and no one knew this would happen. one wins copa and the other the european championship. stuart: pure coincidence and i kind of like that. it's good stuff. it's that time, show me the dow 30, sense of the market and i expect to see a lot of green. there it is. we have six losers and 24 winners. the dow is up 500 points. 40,723. president biden is going to speak at ncaa event today, and he's also recording an interview for bet, black bernards entertat television. cause jd vance help with the black vote? we'll ask the former intern for obama who's now a trump surrogate. ♪ introducing new advil targeted relief. the only topical pain reliever with 4 powerful pain-fight

lauren: look at the stock up 9%. margins topped 49% but sales fell producing these reports of pe firm wants to take them over. stuart: general dynamics. lauren: they delivered fewer of them in the quarter. general dynamics down 5%. stuart: take a look at this newly released body cam video shows the moment immediately after the assassination attempt on donald trump. in butler, pennsylvania, take us through this new video. >> reporter: i want to mention fbi director christopher wray is before the house judiciary committee about the fbi's investigation into the investigation of donald trump. there's lots of moving parts. this body camera video shows that one secret service agent got photos of the gunmen before the shooting. thomas matthew crookes was identified by local law enforcement as a suspicious person. the question now is why did the secret service allow donald trump to step on the rally stage. >> this is the guy, beaver county sniper team, that's the sniper scene from the bike. lost sight of him. i don't know if